PLUG POWER INC (PLUG)
US72919P2020 - Common Stock
PLUG gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 86 industry peers in the Electrical Equipment industry. Both the profitability and financial health of PLUG have multiple concerns. PLUG is quite expensive at the moment. It does show a decent growth rate.
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.
In the past 5 years PLUG always reported negative net income.
In the past 5 years PLUG always reported negative operating cash flow.
1.2 Ratios
PLUG's Return On Assets of -27.92% is on the low side compared to the rest of the industry. PLUG is outperformed by 65.88% of its industry peers.
PLUG has a Return On Equity of -47.23%. This is comparable to the rest of the industry: PLUG outperforms 42.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -27.92% | ||
| ROE | -47.23% | ||
| 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
PLUG does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
| 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.
PLUG has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, PLUG has more shares outstanding
PLUG has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of -1.06, we must say that PLUG is in the distress zone and has some risk of bankruptcy.
PLUG has a Altman-Z score of -1.06. This is in the lower half of the industry: PLUG underperforms 69.41% of its industry peers.
A Debt/Equity ratio of 0.18 indicates that PLUG is not too dependend on debt financing.
PLUG has a Debt to Equity ratio of 0.18. This is comparable to the rest of the industry: PLUG outperforms 57.65% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -1.06 |
ROIC/WACCN/A
WACC10.31%
2.3 Liquidity
PLUG has a Current Ratio of 1.85. This is a normal value and indicates that PLUG is financially healthy and should not expect problems in meeting its short term obligations.
PLUG has a Current ratio (1.85) which is comparable to the rest of the industry.
A Quick Ratio of 0.86 indicates that PLUG may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.86, PLUG is doing worse than 74.12% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.85 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
The earnings per share for PLUG have decreased strongly by -82.40% in the last year.
The Revenue has grown by 27.07% in the past year. This is a very strong growth!
The Revenue has been growing by 38.61% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-82.4%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q-184.21%
Revenue 1Y (TTM)27.07%
Revenue growth 3Y42.74%
Revenue growth 5Y38.61%
Revenue growth Q2Q0.64%
3.2 Future
Based on estimates for the next years, PLUG will show a quite strong growth in Earnings Per Share. The EPS will grow by 18.86% on average per year.
The Revenue is expected to grow by 45.60% on average over the next years. This is a very strong growth
EPS Next Y55%
EPS Next 2Y32.33%
EPS Next 3Y23.22%
EPS Next 5Y18.86%
Revenue Next Year12.49%
Revenue Next 2Y31.13%
Revenue Next 3Y29.25%
Revenue Next 5Y45.6%
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
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
A more expensive valuation may be justified as PLUG's earnings are expected to grow with 23.22% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y32.33%
EPS Next 3Y23.22%
5. Dividend
5.1 Amount
PLUG does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
PLUG POWER INC
NASDAQ:PLUG (4/18/2024, 9:38:01 AM)
2.7
-0.03 (-1.1%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.85B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -27.92% | ||
| ROE | -47.23% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.85 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-82.4%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y55%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)27.07%
Revenue growth 3Y42.74%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y