ITM Power (FRA:IJ8) Market Cap: €1,004.11 Mil (As of Jul. 05, 2026)


FRA:IJ8 ITM Power PLC FRA:IJ8
77 GF Score
Price €1.45
GF Value €2.17
Valuation Possible Value Trap
! 1 Warning Sign
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What is ITM Power Market Cap?

ITM Power FRA:IJ8 +0.07% 77 Market Cap is €1,004.11 Mil as of Jul. 05, 2026. GuruFocus rates FRA:IJ8 with a GF Score™ of 77/100 and a GF Value™ of €2.17 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 3,094 Industrial Products companies, ITM Power ranks better than 76.02% on this metric.

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). ITM Power's share price for the quarter that ended in Oct. 2025 was €0.9085. ITM Power's Shares Outstanding (EOP) for the quarter that ended in Oct. 2025 was 688.16 Mil. Therefore, ITM Power's market cap for the quarter that ended in Oct. 2025 was €625.19 Mil.

ITM Power's quarterly market cap declined from Oct. 2024 (€297.98 Mil) to Apr. 2025 (€214.92 Mil) but then increased from Apr. 2025 (€214.92 Mil) to Oct. 2025 (€625.19 Mil).

ITM Power's annual market cap declined from Apr. 2023 (€552.02 Mil) to Apr. 2024 (€357.75 Mil) and declined from Apr. 2024 (€357.75 Mil) to Apr. 2025 (€214.92 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. ITM Power's Enterprise Value for Today is €791.83 Mil.


ITM Power  (FRA:IJ8) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


ITM Power Market Cap Related Terms


ITM Power Market Cap Historical Data

* Premium members only.

The historical data trend for ITM Power's Market Cap 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.

ITM Power Market Cap Chart

ITM Power Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,323.22 2,372.92 552.02 357.75 214.92

ITM Power Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 449.56 357.75 297.98 214.92 625.19

FRA:IJ8 vs GEV, ETN, PH: Market Cap Comparison

For the Specialty Industrial Machinery subindustry, ITM Power's Market Cap, along with its competitors' market caps and Market Cap 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.


ITM Power Market Cap vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, ITM Power's Market Cap distribution charts can be found below:

* The bar in red indicates where ITM Power's Market Cap falls into.


FRA:IJ8
77GF Score
ITM Power PLC FRA:IJ8
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
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ITM Power Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

ITM Power's Market Cap for the fiscal year that ended in Apr. 2025 is calculated as

Market Cap (A: Apr. 2025 )=Share Price (A: Apr. 2025 )*Shares Outstanding (EOP) (A: Apr. 2025 )
=€0.3488*616.167
=€214.92

ITM Power's Market Cap for the quarter that ended in Oct. 2025 is calculated as

Market Cap (Q: Oct. 2025 )=Share Price (Q: Oct. 2025 )*Shares Outstanding (EOP) (Q: Oct. 2025 )
=€0.9085*688.161
=€625.19

* 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.

Frequently Asked Questions Learn more about Market Cap →
What does a Market Cap of €1,004.11 Mil mean?
ITM Power (FRA:IJ8) has a Market Cap of €1,004.11 Mil as of Jul. 05, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on ITM Power and its competitors. According to the industry distribution chart, ITM Power ranks #742 out of 3094 companies in the Industrial Products industry, placing it in the top 24%.
Is ITM Power's Market Cap too high?
ITM Power's current Market Cap is €1,004.11 Mil. Based on the distribution chart, ITM Power ranks #742 out of 3094 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, ITM Power has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ITM Power's Market Cap compare to GEV and ETN?
According to the Industrial Products industry distribution chart, ITM Power ranks #742 out of 3094 companies for Market Cap. This places ITM Power in the top 24% of its industry — outperforming the majority of peers. The industry median Market Cap is 288.85. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Industrial Products company?
The median Market Cap among Industrial Products companies is 288.85, based on 3,094 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on ITM Power and its competitors. For the Industrial Products industry, the median Market Cap is 288.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ITM Power's current Market Cap is €1,004.11 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITM Power stock overvalued right now?
Based on GuruFocus' analysis, ITM Power (FRA:IJ8) is currently considered Possible Value Trap. The stock's GF Value™ is €2.17, compared to a current price of €1.45 — trading 33.1% below its estimated fair value. The current Market Cap is €1,004.11 Mil. ITM Power's overall GF Score™ is 77/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For ITM Power (FRA:IJ8), the current Market Cap is €1,004.11 Mil as of Jul. 05, 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 ITM Power (FRA:IJ8) Overvalued in 2026?

Based on GuruFocus' analysis, ITM Power stock appears to be undervalued. The current stock price of €1.45 is trading 33.1% below its estimated GF Value™ of €2.17. GuruFocus considers ITM Power to be Possible Value Trap.

Key valuation signals for FRA:IJ8:

  • Market Cap: €1,004.11 Mil
  • GF Value™: €2.17 vs. price of €1.45 (33.1% below fair value)
  • GF Score™: 77/100 with 1 warning sign

No single metric tells the full story. See the FRA:IJ8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ITM Power Business Description

Address 2 Bessemer Park, Shepcote Lane, Sheffield, GBR, S9 1DZ
ITM Power PLC designs and manufactures integrated hydrogen energy systems for energy storage and clean fuel production. The company is also involved in the research and development of scientific and engineering projects; the development and manufacture of prototype products; and the sale of electrolyzer products such as HGas, HFuel, HPac. It offers a range of services including construction, consulting, and other services. Its primary geographic markets are the United Kingdom, the Rest of Europe, Germany, and with maximum revenue from the United Kingdom.
77GF Score

Get the complete analysis for FRA:IJ8

Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.45
Price
€2.17
GF Value