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Ballard Power Systems has the Financial Strength Rank of 6.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.
A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.
Ballard Power Systems did not have earnings to cover the interest expense.
Ballard Power Systems's debt to revenue ratio for the quarter that ended in Mar. 2026 was 0.27.
As of today, Ballard Power Systems's Altman Z-Score is 2.48.
Ballard Power Systems (XSWX:BLDP) Financial Strength Explanation
The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.
Ballard Power Systems has the Financial Strength Rank of 6.
Ballard Power Systems Financial Strength Related Terms
XSWX:BLDP vs VRT, BE: Financial Strength Comparison
For the Electrical Equipment & Parts subindustry, Ballard Power Systems's Financial Strength, along with its competitors' market caps and Financial Strength 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.
Ballard Power Systems Financial Strength vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ballard Power Systems's Financial Strength distribution charts can be found below:
* The bar in red indicates where Ballard Power Systems's Financial Strength falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Ballard Power Systems has a Z-score of 2.48, indicating it is in Grey Zones. This implies that Ballard Power Systems is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.
Warning Sign:
Altman Z-score of 2.48 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
* 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.
Ballard Power Systems (XSWX:BLDP) has a Financial Strength of 6 as of Mar. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Ballard Power Systems and its competitors. This is 14% below median its historical median of 7.00. Over the past decade, Ballard Power Systems' Financial Strength has ranged from 4.00 to 9.00.
Is Ballard Power Systems' Financial Strength too high?
Ballard Power Systems' current Financial Strength of 6 is 14% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. Overall, Ballard Power Systems has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Ballard Power Systems' Financial Strength compare to VRT and BE?
Ballard Power Systems' Financial Strength of 6 can be compared against companies in the Industrial Products industry. Historically, Ballard Power Systems' own Financial Strength has ranged from 4.00 to 9.00 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 Financial Strength for an Industrial Products company?
A good Financial Strength depends on the Industrial Products industry context. However, Financial Strength 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 Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Ballard Power Systems and its competitors. Ballard Power Systems's current Financial Strength is 6, which is 14% below median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ballard Power Systems stock overvalued right now?
Ballard Power Systems (XSWX:BLDP) has a current Financial Strength of 6. The stock's GF Value™ is CHF2.39, compared to a current price of CHF2.33 — trading 2.7% below its estimated fair value. The current Financial Strength is 6, which is 14% below median its 10-year median of 7.00. Ballard Power Systems' overall GF Score™ is 76/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Ballard Power Systems (XSWX:BLDP), the current Financial Strength is 6 as of Mar. 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 Ballard Power Systems (XSWX:BLDP) Overvalued in 2026?
Based on GuruFocus' analysis, Ballard Power Systems stock appears to be undervalued.
The current stock price of CHF2.33 is trading 2.7% below its estimated GF Value™ of CHF2.39.
Key valuation signals for XSWX:BLDP:
Financial Strength: 6 (14% below median its 10-year median of 7.00)
GF Value™: CHF2.39 vs. price of CHF2.33 (2.7% below fair value)
No single metric tells the full story. See the XSWX:BLDP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ballard Power Systems Inc is engaged in design, development, manufacture, sale and service of proton exchange membrane ("PEM") fuel cell products for a variety of applications, focusing on power products for bus, truck, rail, marine, stationary and emerging market (material handling, off-road and other) applications, as well as the delivery of services, including technology solutions, after sales services and training. A fuel cell is an environmentally clean electrochemical device that combines hydrogen fuel with oxygen (from the air) to produce electricity. Key geographical revenue is derived from United States followed by Poland, Canada, and other countries.
76GF Score
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