PLUG POWER INC (PLUG)
US72919P2020 - Common Stock
Overall PLUG gets a fundamental rating of 2 out of 10. We evaluated PLUG against 88 industry peers in the Electrical Equipment industry. Both the profitability and financial health of PLUG have multiple concerns. While showing a medium growth rate, PLUG is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year PLUG has reported negative net income.
PLUG had a negative operating cash flow in the past year.
PLUG had negative earnings in each of the past 5 years.
PLUG had a negative operating cash flow in each of the past 5 years.
1.2 Ratios
PLUG has a Return On Assets of -29.88%. This is in the lower half of the industry: PLUG underperforms 61.36% of its industry peers.
PLUG has a Return On Equity (-46.60%) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -29.88% | ||
| ROE | -46.6% | ||
| ROIC | N/A |
ROA(3y)-16.07%
ROA(5y)-17.53%
ROE(3y)-25.02%
ROE(5y)-36.19%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin and Operating Margin and Gross Margin are not available for PLUG so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
PLUG does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, PLUG has more shares outstanding
PLUG has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, PLUG has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of -1.13, we must say that PLUG is in the distress zone and has some risk of bankruptcy.
PLUG has a Altman-Z score of -1.13. This is in the lower half of the industry: PLUG underperforms 64.77% of its industry peers.
A Debt/Equity ratio of 0.15 indicates that PLUG is not too dependend on debt financing.
The Debt to Equity ratio of PLUG (0.15) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -1.13 |
ROIC/WACCN/A
WACC9.98%
2.3 Liquidity
PLUG has a Current Ratio of 2.08. This indicates that PLUG is financially healthy and has no problem in meeting its short term obligations.
PLUG's Current ratio of 2.08 is in line compared to the rest of the industry. PLUG outperforms 56.82% of its industry peers.
A Quick Ratio of 0.95 indicates that PLUG may have some problems paying its short term obligations.
With a Quick ratio value of 0.95, PLUG is not doing good in the industry: 65.91% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.08 | ||
| Quick Ratio | 0.95 |
3. Growth
3.1 Past
PLUG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -36.08%.
PLUG shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -25.89%.
PLUG shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 38.61% yearly.
EPS 1Y (TTM)-36.08%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%44.44%
Revenue 1Y (TTM)-25.89%
Revenue growth 3Y42.74%
Revenue growth 5Y38.61%
Sales Q2Q%-12.57%
3.2 Future
The Earnings Per Share is expected to grow by 14.05% on average over the next years. This is quite good.
PLUG is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.84% yearly.
EPS Next Y45.04%
EPS Next 2Y31.25%
EPS Next 3Y21.96%
EPS Next 5Y14.05%
Revenue Next Year-21.54%
Revenue Next 2Y-0.13%
Revenue Next 3Y9.84%
Revenue Next 5Y14.84%
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for PLUG. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for PLUG. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PLUG's earnings are expected to grow with 21.96% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y31.25%
EPS Next 3Y21.96%
5. Dividend
5.1 Amount
PLUG does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
PLUG POWER INC
NASDAQ:PLUG (12/20/2024, 8:00:00 PM)
After market: 2.53 -0.03 (-1.17%)2.56
+0.26 (+11.3%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners46.33%
Inst Owner Change8.52%
Ins Owners0.49%
Ins Owner Change7.27%
Market Cap2.33B
Analysts64.57
Price Target3.1 (21.09%)
Short Float %22.99%
Short Ratio3.34
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-10.93%
Min EPS beat(2)-20.63%
Max EPS beat(2)-1.24%
EPS beat(4)0
Avg EPS beat(4)-50.05%
Min EPS beat(4)-141.83%
Max EPS beat(4)-1.24%
EPS beat(8)0
Avg EPS beat(8)-46.7%
EPS beat(12)0
Avg EPS beat(12)-50.56%
EPS beat(16)0
Avg EPS beat(16)-116.09%
Revenue beat(2)0
Avg Revenue beat(2)-21.5%
Min Revenue beat(2)-24.01%
Max Revenue beat(2)-18.98%
Revenue beat(4)0
Avg Revenue beat(4)-19.01%
Min Revenue beat(4)-25.18%
Max Revenue beat(4)-7.88%
Revenue beat(8)2
Avg Revenue beat(8)-13.35%
Revenue beat(12)3
Avg Revenue beat(12)-12.2%
Revenue beat(16)5
Avg Revenue beat(16)-9.22%
PT rev (1m)0%
PT rev (3m)-28.47%
EPS NQ rev (1m)-0.92%
EPS NQ rev (3m)-21.13%
EPS NY rev (1m)-5.11%
EPS NY rev (3m)-4.1%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-22.91%
Revenue NY rev (1m)-14.22%
Revenue NY rev (3m)-15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 3.54 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.77 | ||
| P/tB | 0.82 | ||
| EV/EBITDA | N/A |
EPS(TTM)-2.15
EYN/A
EPS(NY)-0.63
Fwd EYN/A
FCF(TTM)-1.45
FCFYN/A
OCF(TTM)-0.92
OCFYN/A
SpS0.72
BVpS3.32
TBVpS3.13
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -29.88% | ||
| ROE | -46.6% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)-16.07%
ROA(5y)-17.53%
ROE(3y)-25.02%
ROE(5y)-36.19%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score1
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 565.83% | ||
| Cap/Sales | 72.88% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.08 | ||
| Quick Ratio | 0.95 | ||
| Altman-Z | -1.13 |
F-Score1
WACC9.98%
ROIC/WACCN/A
Cap/Depr(3y)901.79%
Cap/Depr(5y)628.73%
Cap/Sales(3y)60.9%
Cap/Sales(5y)41.09%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-36.08%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%44.44%
EPS Next Y45.04%
EPS Next 2Y31.25%
EPS Next 3Y21.96%
EPS Next 5Y14.05%
Revenue 1Y (TTM)-25.89%
Revenue growth 3Y42.74%
Revenue growth 5Y38.61%
Sales Q2Q%-12.57%
Revenue Next Year-21.54%
Revenue Next 2Y-0.13%
Revenue Next 3Y9.84%
Revenue Next 5Y14.84%
EBIT growth 1Y-14.71%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year23.82%
EBIT Next 3Y23.64%
EBIT Next 5Y19.25%
FCF growth 1Y-38.14%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-57.99%
OCF growth 3YN/A
OCF growth 5YN/A