Ballard Power Systems (TSX:BLDP) Risk Assessment

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TSX:BLDP Ballard Power Systems Inc TSX:BLDP
75 GF Score
Price C$3.79
GF Value C$4.18
Valuation Fairly Valued
! 4 Warning Signs
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What is Ballard Power Systems Risk Assessment?

Risk Assessment represents the investment risk of a stock derived from our exclusive method. It suggests how risky the investment opportunity is based on the valuation and the fundamental performance of the stock. It is derived from following key aspects:

1. GuruFocus internally developed valuations of the stock, such as GF valuation.
2. Quality Rank, a business quality indicator developed by GuruFocus.
3. Fundamental performance: Piotroski F-Score, Altman Z-Score, Beneish M-Score, etc.
4. Growth opportunities: 5-year revenue growth rate, 5-Year EPS without NRI Growth Rate, etc.

Value investors are always willing to find undervalued stocks. However, not all the undervalued stocks are good deals, we should also be careful of how risky the investment opportunity is. We believe that if the company's financial strength and profitability are strong, and the stock price is within a reasonable range of the GF valuation, or stock has a high return with its price being undervalued, then it might be a good investment opportunity with low risk.

Based on those aspects listed above, GuruFocus believes the risk assessment of Ballard Power Systems is: High Risk: High uncertainty with risk-return tradeoff.

Ballard Power Systems  (TSX:BLDP) Risk Assessment Explanation

Based on the four aspects listed above, GuruFocus provides the following 7 evaluations:

All-in-One Screener Examples (1)
Low Risk: Strong fundamentals, worth long-term holding
Moderate Risk: Sensitive, better choose undervalued stock
High Risk: High uncertainty with risk-return tradeoff
High Risk: Good fundamentals, beware of shrinking business
High Risk: Sensitive to economic or industry trends
High Risk: High uncertainty
No Data: Cannot be evaluated

(1) These are some simple examples. You can access our Risk Assessment filter under All-in-One Screener’s Fundamental tab and set your own criteria.

Ballard Power Systems Risk Assessment Related Terms

TSX:BLDP vs VRT, BE: Risk Assessment Comparison

For the Electrical Equipment & Parts subindustry, Ballard Power Systems's Risk Assessment, along with its competitors' market caps and Risk Assessment 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 Risk Assessment vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ballard Power Systems's Risk Assessment distribution charts can be found below:

* The bar in red indicates where Ballard Power Systems's Risk Assessment falls into.


TSX:BLDP
75GF Score
Ballard Power Systems Inc TSX:BLDP
Risk Assessment is just one metric. See GF Score™, valuation, warning signs, and more.
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Is Ballard Power Systems (TSX:BLDP) Overvalued in 2026?

Based on GuruFocus' analysis, Ballard Power Systems stock appears to be undervalued. The current stock price of C$3.79 is trading 9.3% below its estimated GF Value™ of C$4.18. GuruFocus considers Ballard Power Systems to be Fairly Valued.

Key valuation signals for TSX:BLDP:

  • Risk Assessment:
  • GF Value™: C$4.18 vs. price of C$3.79 (9.3% below fair value)
  • GF Score™: 75/100 with 4 warning signs

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

Ballard Power Systems Business Description

Other Exchanges BLDP:USA0QY5:UKPO0:Germany
Address 9000 Glenlyon Parkway, Legal Department, Burnaby, BC, CAN, V5J 5J8
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.
75GF Score

Get the complete analysis for TSX:BLDP

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

C$3.79
Price
C$4.18
GF Value