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PRIMARY HYDROGEN CORP (HDRO.CA) Stock Fundamental Analysis

Canada - TSX Venture Exchange - TSX-V:HDRO - CA74167W1032 - Common Stock

0.14 CAD
+0.01 (+3.7%)
Last: 11/28/2025, 7:00:00 PM
Fundamental Rating

2

Taking everything into account, HDRO scores 2 out of 10 in our fundamental rating. HDRO was compared to 215 industry peers in the Oil, Gas & Consumable Fuels industry. HDRO has a great financial health rating, but its profitability evaluates not so good. HDRO is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

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0

1. Profitability

1.1 Basic Checks

HDRO had negative earnings in the past year.
In the past year HDRO has reported a negative cash flow from operations.
HDRO.CA Yearly Net Income VS EBIT VS OCF VS FCFHDRO.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2022 2023 2024 -200K -400K -600K -800K -1M

1.2 Ratios

HDRO has a worse Return On Assets (-129.66%) than 84.65% of its industry peers.
Looking at the Return On Equity, with a value of -146.56%, HDRO is doing worse than 77.21% of the companies in the same industry.
Industry RankSector Rank
ROA -129.66%
ROE -146.56%
ROIC N/A
ROA(3y)-38.38%
ROA(5y)N/A
ROE(3y)-40.24%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
HDRO.CA Yearly ROA, ROE, ROICHDRO.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2022 2023 2024 -10 -20 -30 -40 -50

1.3 Margins

HDRO does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector 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
HDRO.CA Yearly Profit, Operating, Gross MarginsHDRO.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2022 2023 2024

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8

2. Health

2.1 Basic Checks

HDRO has more shares outstanding than it did 1 year ago.
There is no outstanding debt for HDRO. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
HDRO.CA Yearly Shares OutstandingHDRO.CA Yearly Shares OutstandingYearly Shares Outstanding 2022 2023 2024 10M 20M 30M
HDRO.CA Yearly Total Debt VS Total AssetsHDRO.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2022 2023 2024 1M 2M 3M

2.2 Solvency

An Altman-Z score of 4.13 indicates that HDRO is not in any danger for bankruptcy at the moment.
HDRO has a Altman-Z score of 4.13. This is amongst the best in the industry. HDRO outperforms 85.12% of its industry peers.
There is no outstanding debt for HDRO. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 4.13
ROIC/WACCN/A
WACCN/A
HDRO.CA Yearly LT Debt VS Equity VS FCFHDRO.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2022 2023 2024 0 1M 2M 3M

2.3 Liquidity

A Current Ratio of 5.57 indicates that HDRO has no problem at all paying its short term obligations.
HDRO's Current ratio of 5.57 is amongst the best of the industry. HDRO outperforms 90.70% of its industry peers.
HDRO has a Quick Ratio of 5.57. This indicates that HDRO is financially healthy and has no problem in meeting its short term obligations.
HDRO's Quick ratio of 5.57 is amongst the best of the industry. HDRO outperforms 91.16% of its industry peers.
Industry RankSector Rank
Current Ratio 5.57
Quick Ratio 5.57
HDRO.CA Yearly Current Assets VS Current LiabilitesHDRO.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2022 2023 2024 1M 2M 3M

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0

3. Growth

3.1 Past

The earnings per share for HDRO have decreased strongly by -663.86% in the last year.
EPS 1Y (TTM)-663.86%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%15.26%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.

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0

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for HDRO. In the last year negative earnings were reported.
Industry RankSector Rank
PE N/A
Fwd PE N/A
HDRO.CA Price Earnings VS Forward Price EarningsHDRO.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0 0 0 0 0 0 0

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
HDRO.CA Per share dataHDRO.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.05 -0.05 -0.1

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

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0

5. Dividend

5.1 Amount

HDRO does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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PRIMARY HYDROGEN CORP

TSX-V:HDRO (11/28/2025, 7:00:00 PM)

0.14

+0.01 (+3.7%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)N/A N/A
Earnings (Next)N/A N/A
Inst Owners0.05%
Inst Owner ChangeN/A
Ins Owners3.04%
Ins Owner ChangeN/A
Market Cap6.81M
Revenue(TTM)N/A
Net Income(TTM)-4.53M
AnalystsN/A
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S N/A
P/FCF N/A
P/OCF N/A
P/B 2.2
P/tB 2.2
EV/EBITDA N/A
EPS(TTM)-0.13
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)-0.1
FCFYN/A
OCF(TTM)-0.08
OCFYN/A
SpS0
BVpS0.06
TBVpS0.06
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -129.66%
ROE -146.56%
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)-38.38%
ROA(5y)N/A
ROE(3y)-40.24%
ROE(5y)N/A
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
ROICexgc growth 3YN/A
ROICexgc 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-Score4
Asset Turnover0
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 5.57
Quick Ratio 5.57
Altman-Z 4.13
F-Score4
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-663.86%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%15.26%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-742.96%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-491.89%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-383.43%
OCF growth 3YN/A
OCF growth 5YN/A

PRIMARY HYDROGEN CORP / HDRO.CA FAQ

Can you provide the ChartMill fundamental rating for PRIMARY HYDROGEN CORP?

ChartMill assigns a fundamental rating of 2 / 10 to HDRO.CA.


What is the valuation status of PRIMARY HYDROGEN CORP (HDRO.CA) stock?

ChartMill assigns a valuation rating of 0 / 10 to PRIMARY HYDROGEN CORP (HDRO.CA). This can be considered as Overvalued.


How profitable is PRIMARY HYDROGEN CORP (HDRO.CA) stock?

PRIMARY HYDROGEN CORP (HDRO.CA) has a profitability rating of 0 / 10.