Ceres Power Holdings (CHIX:CWRL) Research & Development: £48.56 Mil (TTM As of Dec. 2025)


CHIX:CWRL Ceres Power Holdings PLC CHIX:CWRL
26 GF Score
Price £6.09
GF Value £3.15
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Ceres Power Holdings Research & Development?

Ceres Power Holdings CHIX:CWRL -9.44% 26 Research & Development is £48.56 Mil as of Dec. 2025. GuruFocus rates CHIX:CWRL with a GF Score™ of 26/100 and a GF Value™ of £3.15 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Ceres Power Holdings's Research & Development for the six months ended in Dec. 2025 was £22.98 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was £48.56 Mil.

Ceres Power Holdings  (CHIX:CWRl) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Ceres Power Holdings Research & Development Related Terms

Ceres Power Holdings Research & Development Historical Data

* Premium members only.

The historical data trend for Ceres Power Holdings's Research & Development 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.

Ceres Power Holdings Research & Development Chart

Ceres Power Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.29 48.55 54.03 48.53 48.56

Ceres Power Holdings Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Research & Development 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 27.24 23.26 25.28 25.58 22.98
CHIX:CWRL
26GF Score
Ceres Power Holdings PLC CHIX:CWRL
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Ceres Power Holdings Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was £48.56 Mil.

* 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 Research & Development →
What does a Research & Development of £48.56 Mil mean?
Ceres Power Holdings (CHIX:CWRL) has a Research & Development of £48.56 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Ceres Power Holdings and its competitors.
Is Ceres Power Holdings' Research & Development too high?
Ceres Power Holdings' current Research & Development is £48.56 Mil. Overall, Ceres Power Holdings has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ceres Power Holdings' Research & Development compare to VRT and BE?
Ceres Power Holdings' Research & Development of £48.56 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for an Industrial Products company?
A good Research & Development depends on the Industrial Products industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Ceres Power Holdings and its competitors. Ceres Power Holdings's current Research & Development is £48.56 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ceres Power Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ceres Power Holdings (CHIX:CWRL) is currently considered Significantly Overvalued. The stock's GF Value™ is £3.15, compared to a current price of £6.09 — trading 93.3% above its estimated fair value. The current Research & Development is £48.56 Mil. Ceres Power Holdings' overall GF Score™ is 26/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Ceres Power Holdings (CHIX:CWRL), the current Research & Development is £48.56 Mil as of Dec. 2025. 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 Ceres Power Holdings (CHIX:CWRL) Overvalued in 2026?

Based on GuruFocus' analysis, Ceres Power Holdings stock appears to be overvalued. The current stock price of £6.09 is trading 93.3% above its estimated GF Value™ of £3.15. GuruFocus considers Ceres Power Holdings to be Significantly Overvalued.

Key valuation signals for CHIX:CWRL:

  • Research & Development: £48.56 Mil
  • GF Value™: £3.15 vs. price of £6.09 (93.3% above fair value)
  • GF Score™: 26/100 with 4 warning signs

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

Ceres Power Holdings Business Description

Address Foundry Lane, Viking House, Horsham, West Sussex, GBR, RH13 5PX
Ceres Power Holdings PLC is a primary developer of clean energy technology fuel cells for power generation and electrolysers to produce green hydrogen. Its licensing model enables partners to develop solid oxide technology supporting greater electrification of energy systems, including AI data centres, commercial and industrial applications, and produce green hydrogen at high efficiencies as a route to decarbonise emissions-intensive industries such as ammonia, steelmaking and electrofuels. The majority of revenue comes from Asian country followed by Europe and North America.
26GF Score

Get the complete analysis for CHIX:CWRL

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

£6.09
Price
£3.15
GF Value