Ballard Power Systems Stock Key Fundamental Indicators
| BLDP Stock | CAD 2.94 0.02 0.68% |
As of the 10th of February, Ballard Power shows the Risk Adjusted Performance of (0.22), mean deviation of 2.24, and Standard Deviation of 2.87. Ballard Power Systems technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.
Ballard Power Total Revenue |
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Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 1.5209 | Revenue |
Ballard | Select Account or Indicator |
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Ballard Fundamental Market Drivers
Ballard Operating Margin Driver Correlations
Understanding the fundamental principles of building solid financial models for Ballard Power is extremely important. It helps to project a fair market value of Ballard Stock properly, considering its historical fundamentals such as Operating Margin. Since Ballard Power's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ballard Power's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ballard Power's interrelated accounts and indicators.
Click cells to compare fundamentals
Ballard Power 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Ballard Power's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Ballard Power.
| 11/12/2025 |
| 02/10/2026 |
If you would invest 0.00 in Ballard Power on November 12, 2025 and sell it all today you would earn a total of 0.00 from holding Ballard Power Systems or generate 0.0% return on investment in Ballard Power over 90 days. Ballard Power is related to or competes with Savaria, Bird Construction, Hammond Power, Transcontinental, Westshore Terminals, Aecon, and Cargojet. Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membran... More
Ballard Power Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Ballard Power's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Ballard Power Systems upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 13.91 | |||
| Value At Risk | (5.72) | |||
| Potential Upside | 3.72 |
Ballard Power Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ballard Power's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ballard Power's standard deviation. In reality, there are many statistical measures that can use Ballard Power historical prices to predict the future Ballard Power's volatility.| Risk Adjusted Performance | (0.22) | |||
| Jensen Alpha | (0.92) | |||
| Total Risk Alpha | (1.13) | |||
| Treynor Ratio | (0.64) |
Ballard Power February 10, 2026 Technical Indicators
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| Risk Adjusted Performance | (0.22) | |||
| Market Risk Adjusted Performance | (0.63) | |||
| Mean Deviation | 2.24 | |||
| Coefficient Of Variation | (358.79) | |||
| Standard Deviation | 2.87 | |||
| Variance | 8.25 | |||
| Information Ratio | (0.31) | |||
| Jensen Alpha | (0.92) | |||
| Total Risk Alpha | (1.13) | |||
| Treynor Ratio | (0.64) | |||
| Maximum Drawdown | 13.91 | |||
| Value At Risk | (5.72) | |||
| Potential Upside | 3.72 | |||
| Skewness | (0.13) | |||
| Kurtosis | (0.05) |
Ballard Power Systems Backtested Returns
Ballard Power Systems secures Sharpe Ratio (or Efficiency) of -0.25, which signifies that the company had a -0.25 % return per unit of risk over the last 3 months. Ballard Power Systems exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ballard Power's Mean Deviation of 2.24, risk adjusted performance of (0.22), and Standard Deviation of 2.87 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.26, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ballard Power will likely underperform. At this point, Ballard Power Systems has a negative expected return of -0.74%. Please make sure to confirm Ballard Power's information ratio, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Ballard Power Systems performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.38 |
Below average predictability
Ballard Power Systems has below average predictability. Overlapping area represents the amount of predictability between Ballard Power time series from 12th of November 2025 to 27th of December 2025 and 27th of December 2025 to 10th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ballard Power Systems price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Ballard Power price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
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Ballard Pretax Profit Margin
Pretax Profit Margin |
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Based on the recorded statements, Ballard Power Systems has an Operating Margin of -0.3793%. This is 107.04% lower than that of the Machinery sector and significantly lower than that of the Industrials industry. The operating margin for all Canada stocks is 93.12% lower than that of the firm.
Ballard Power Systems Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ballard Power's current stock value. Our valuation model uses many indicators to compare Ballard Power value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ballard Power competition to find correlations between indicators driving Ballard Power's intrinsic value. More Info.Ballard Power Systems is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Ballard Power's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Ballard Power by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ballard Power's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Ballard Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ballard Power's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ballard Power could also be used in its relative valuation, which is a method of valuing Ballard Power by comparing valuation metrics of similar companies.Ballard Power is currently under evaluation in operating margin category among its peers.
Ballard Power Current Valuation Drivers
We derive many important indicators used in calculating different scores of Ballard Power from analyzing Ballard Power's financial statements. These drivers represent accounts that assess Ballard Power's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Ballard Power's important valuation drivers and their relationship over time.
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 (projected) | ||
| Market Cap | 3.7B | 1.4B | 1.1B | 496.9M | 447.2M | 740.0M | |
| Enterprise Value | 2.6B | 529.9M | 371.8M | (83.2M) | (74.9M) | (71.1M) |
Ballard Fundamentals
| Return On Equity | -0.18 | ||||
| Return On Asset | -0.0845 | ||||
| Profit Margin | (1.33) % | ||||
| Operating Margin | (0.38) % | ||||
| Current Valuation | 188.23 M | ||||
| Shares Outstanding | 300.74 M | ||||
| Shares Owned By Insiders | 15.47 % | ||||
| Shares Owned By Institutions | 30.74 % | ||||
| Number Of Shares Shorted | 3.72 M | ||||
| Price To Book | 1.06 X | ||||
| Price To Sales | 9.76 X | ||||
| Revenue | 69.73 M | ||||
| Gross Profit | (3.37 M) | ||||
| EBITDA | (309.29 M) | ||||
| Net Income | (324.25 M) | ||||
| Cash And Equivalents | 603.95 M | ||||
| Cash Per Share | 3.37 X | ||||
| Total Debt | 23.89 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 15.16 X | ||||
| Book Value Per Share | 2.76 X | ||||
| Cash Flow From Operations | (108.1 M) | ||||
| Short Ratio | 4.63 X | ||||
| Earnings Per Share | (0.55) X | ||||
| Target Price | 1.7 | ||||
| Number Of Employees | 887 | ||||
| Beta | 1.83 | ||||
| Market Capitalization | 881.16 M | ||||
| Total Asset | 777.31 M | ||||
| Retained Earnings | (2.06 B) | ||||
| Working Capital | 623.29 M | ||||
| Current Asset | 254.02 M | ||||
| Current Liabilities | 37.96 M | ||||
| Net Asset | 777.31 M |
About Ballard Power Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ballard Power Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ballard Power using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ballard Power Systems based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 7.6 M | 6.1 M | |
| Total Revenue | 80.2 M | 69.3 M | |
| Cost Of Revenue | 105.5 M | 54.8 M | |
| Stock Based Compensation To Revenue | 0.10 | 0.05 | |
| Sales General And Administrative To Revenue | 0.30 | 0.16 | |
| Research And Ddevelopement To Revenue | 1.56 | 0.87 | |
| Capex To Revenue | 0.46 | 0.25 | |
| Revenue Per Share | 0.27 | 0.25 | |
| Ebit Per Revenue | (2.37) | (2.25) |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ballard Power Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.