Ballard Power Systems Inc. (BLDP) Stock Analysis
Last updated Sep 8, 2026
Health Check
Last analyzed Sep 7, 2026
- Financial Health 40
- Profitability 40
- Business Quality 50
- Balance Sheet 45
- Cash Flow 25
Why this rating?
Health 40/100 — Avoid
Entry timing is weak right now. Quality may be fine; the setup is not.
Company overview
Ballard Power Systems Inc. (BLDP) is a Electrical Equipment & Parts company in the Industrials sector. Compound Radar rates Ballard Power Systems Inc. 40/100 (Avoid) due to solid business quality, strong revenue growth, and elevated leverage.
Investment profile
- Quality Moderate
- Growth Strong
- Balance Sheet Stretched
Financial highlights
Valuation
- Forward P/E -15.7
- PEG 3.52
- EV/Revenue 1.82
Profitability
- Revenue Growth 15.4%
- Gross Margin 16.4%
- Operating Margin -62.0%
- Net Margin -72.8%
- ROE -12.9%
Financial strength
- Cash $505.15M
- Debt $19.69M
- Net Cash $485.46M
- Free Cash Flow $-66.35M
- Current Ratio 11.19
Similar companies
Peers in Electrical Equipment & Parts, ranked by Financial Health.
Latest quoted price for the name. Helps anchor the setup in today’s market level.
Health Entry- Vertiv Holdings Co Electrical Equipment & Parts VRT$290.83 74 Health 74 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Watch WatchWorth tracking, but timing is mixed — not a clear setup yet.
- Hayward Holdings, Inc. Electrical Equipment & Parts HAYW$13.44 67 Health 67 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- nVent Electric plc Electrical Equipment & Parts NVT$162.57 65 Health 65 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Watch WatchWorth tracking, but timing is mixed — not a clear setup yet.
- Advanced Energy Industries, Inc. Electrical Equipment & Parts AEIS$288.72 64 Health 64 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Energizer Holdings, Inc. Electrical Equipment & Parts ENR$21.00 48 Health 48 / 100
Weaker fundamentals relative to higher-quality names in the universe.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Bloom Energy Corporation Electrical Equipment & Parts BE$277.22 45 Health 45 / 100
Weaker fundamentals relative to higher-quality names in the universe.
Watch WatchWorth tracking, but timing is mixed — not a clear setup yet.
- Forgent Power Solutions, Inc. Electrical Equipment & Parts FPS$32.31 45 Health 45 / 100
Weaker fundamentals relative to higher-quality names in the universe.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Eos Energy Enterprises, Inc. Electrical Equipment & Parts EOSE$4.30 43 Health 43 / 100
Weaker fundamentals relative to higher-quality names in the universe.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
FAQ
How Compound Radar scores and tracks Ballard Power Systems Inc. (BLDP).