PRIMARY HYDROGEN CORP (HDRO.CA) Fundamental Analysis & Valuation

TSX-V:HDRO • CA74167W2022

0.77 CAD
-0.28 (-26.67%)
Last: Mar 6, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This HDRO.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

2

HDRO gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 212 industry peers in the Oil, Gas & Consumable Fuels industry. While HDRO has a great health rating, there are worries on its profitability. HDRO has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

0

1. HDRO.CA Profitability Analysis

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

  • The Return On Assets of HDRO (-129.66%) is worse than 82.08% of its industry peers.
  • Looking at the Return On Equity, with a value of -146.56%, HDRO is doing worse than 75.94% 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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ROAROEROICOperating and Profit MarginShow most profitable peers

7

2. HDRO.CA Health Analysis

2.1 Basic Checks

  • Compared to 1 year ago, HDRO has more shares outstanding
  • 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

  • Based on the Altman-Z score of -0.01, we must say that HDRO is in the distress zone and has some risk of bankruptcy.
  • HDRO's Altman-Z score of -0.01 is on the low side compared to the rest of the industry. HDRO is outperformed by 65.09% of its industry peers.
  • HDRO has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z -0.01
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

  • HDRO has a Current Ratio of 5.57. This indicates that HDRO is financially healthy and has no problem in meeting its short term obligations.
  • HDRO has a Current ratio of 5.57. This is amongst the best in the industry. HDRO outperforms 86.79% of its industry peers.
  • A Quick Ratio of 5.57 indicates that HDRO has no problem at all paying its short term obligations.
  • With an excellent Quick ratio value of 5.57, HDRO belongs to the best of the industry, outperforming 87.26% of the companies in the same industry.
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

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

0

3. HDRO.CA Growth Analysis

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.

More info and screens

Find the best growth stocksShow best growing peers

0

4. HDRO.CA Valuation Analysis

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 0.5 -0.5

4.3 Compensation for Growth

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

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. HDRO.CA Dividend Analysis

5.1 Amount

  • HDRO does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

HDRO.CA Fundamentals: All Metrics, Ratios and Statistics

PRIMARY HYDROGEN CORP

TSX-V:HDRO (3/6/2026, 7:00:00 PM)

0.77

-0.28 (-26.67%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)N/A
Earnings (Next)N/A
Inst Owners0.05%
Inst Owner ChangeN/A
Ins Owners3.01%
Ins Owner ChangeN/A
Market Cap3.79M
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 0%
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 1.22
P/tB 1.22
EV/EBITDA N/A
EPS(TTM)-0.13
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)-0.95
FCFYN/A
OCF(TTM)-0.81
OCFYN/A
SpS0
BVpS0.63
TBVpS0.63
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 -0.01
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

What is the ChartMill fundamental rating of PRIMARY HYDROGEN CORP (HDRO.CA) stock?

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


What is the valuation status for HDRO 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.


What is the financial health of PRIMARY HYDROGEN CORP (HDRO.CA) stock?

The financial health rating of PRIMARY HYDROGEN CORP (HDRO.CA) is 7 / 10.