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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Plug PowerXSWX:PLUG 46 Intrinsic Value: Projected FCF is CHF-4.84 as of Aug. 07, 2026. GuruFocus rates XSWX:PLUG with a GF Score™ of 46/100 and a GF Value™ of CHF1.27. The stock has 6 warning signs investors should review. Among 2,023 Industrial Products companies, Plug Power ranks worse than 49431.49% on this metric.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
As of today (2026-08-07), Plug Power's Intrinsic Value: Projected FCF is CHF-4.84. The stock price of Plug Power is CHF1.714. Therefore, Plug Power's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.
The historical rank and industry rank for Plug Power's Intrinsic Value: Projected FCF or its related term are showing as below:
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Plug Power was 26.26. The lowest was 6.50. And the median was 8.14.
XSWX:PLUG's Price-to-Projected-FCF is not ranked *
in the Industrial Products industry.
Industry Median: 1.74 * Ranked among companies with meaningful Price-to-Projected-FCF only.
Plug Power (XSWX:PLUG) Intrinsic Value: Projected FCF Explanation
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
Plug Power's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
1.714
/
-5.304685176824
=
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Plug Power Intrinsic Value: Projected FCF Related Terms
Plug Power Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for Plug Power's Intrinsic Value: Projected FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
XSWX:PLUG vs HAYW, ATKR, FCEL: Intrinsic Value: Projected FCF Comparison
For the Electrical Equipment & Parts subindustry, Plug Power's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Plug Power Price-to-Projected-FCF vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Plug Power's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Plug Power's Price-to-Projected-FCF falls into.
Plug Power Intrinsic Value: Projected FCF Calculation
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Intrinsic Value: Projected FCF of CHF-4.84 mean?
Plug Power (XSWX:PLUG) has a Intrinsic Value: Projected FCF of CHF-4.84 as of Aug. 07, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Plug Power and its competitors. Over the past decade, Plug Power's Intrinsic Value: Projected FCF has ranged from 6.50 to 26.26. According to the industry distribution chart, Plug Power ranks #999999 out of 2023 companies in the Industrial Products industry.
Is Plug Power's Intrinsic Value: Projected FCF too high?
Plug Power's current Intrinsic Value: Projected FCF is CHF-4.84. Over the past 10 years, this metric has ranged from a low of 6.50 to a high of 26.26. Based on the distribution chart, Plug Power ranks #999999 out of 2023 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Plug Power has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Plug Power's Intrinsic Value: Projected FCF compare to HAYW and ATKR?
According to the Industrial Products industry distribution chart, Plug Power ranks #999999 out of 2023 companies for Intrinsic Value: Projected FCF. This places Plug Power in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 1.74. Historically, Plug Power's own Intrinsic Value: Projected FCF has ranged from 6.50 to 26.26 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for an Industrial Products company?
The median Intrinsic Value: Projected FCF among Industrial Products companies is 1.74, based on 2,023 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Plug Power and its competitors. For the Industrial Products industry, the median Intrinsic Value: Projected FCF is 1.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plug Power's current Intrinsic Value: Projected FCF is CHF-4.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plug Power stock overvalued right now?
Plug Power (XSWX:PLUG) has a current Intrinsic Value: Projected FCF of CHF-4.84. The stock's GF Value™ is CHF1.27, compared to a current price of CHF1.71 — trading 35% above its estimated fair value. The current Intrinsic Value: Projected FCF is CHF-4.84. Plug Power's overall GF Score™ is 46/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Plug Power (XSWX:PLUG), the current Intrinsic Value: Projected FCF is CHF-4.84 as of Aug. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Plug Power (XSWX:PLUG) Overvalued in 2026?
Based on GuruFocus' analysis, Plug Power stock appears to be overvalued.
The current stock price of CHF1.71 is trading 35% above its estimated GF Value™ of CHF1.27.
Key valuation signals for XSWX:PLUG:
Intrinsic Value: Projected FCF: CHF-4.84
GF Value™: CHF1.27 vs. price of CHF1.71 (35% above fair value)
No single metric tells the full story. See the XSWX:PLUG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Plug Power Inc is building an end-to-end green hydrogen ecosystem, from production, storage, and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets, including material handling, e-mobility, power generation, and industrial applications.
46GF Score
Get the complete analysis for XSWX:PLUG
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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