BLDP : Ballard Power Systems Inc Stock Profile

Last Updated: 3/12/2024 0:47:16

Ballard Power Systems Inc trades with the ticker BLDP on the TSX and is in the Specialty Industrial Machinery industry.

Overview
Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers its products for power product markets, consisting of heavy-duty motives, such as bus, truck, rail, and marine applications; material handling; and power generation. It also provides technology solutions, including engineering and technology transfer, as well as licenses and sells intellectual property portfolio and fundamental knowledge for various PEM fuel cell applications; and hydrogen fuel cell powertrain and vehicle systems integration solutions. It operates in the United States, Germany, the United Kingdom, China, France, Canada, Australia, Belgium, Denmark, Poland, Spain, India, Taiwan, Norway, Japan, and internationally. The company has a strategic alliance with Linamar Corporation for the co-development and sale of fuel cell powertrains and components for class 1 and 2 vehicles in North America and Europe. Ballard Power Systems Inc. was founded in 1979 and is headquartered in Burnaby, Canada.
 

Looking to invest in Ballard Power Systems Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

BLDP.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $1203.842MM

PE Ratio:

Price: 3 (Updated: 3/12/2024 0:47:16)



Ballard Power Systems Inc (BLDP) vs Competitors in Specialty Industrial Machinery

Lets see how BLDP.TO stacks up against others in the Specialty Industrial Machinery asset management industry. We have identified its main peers as:

Savaria Corporation

.

Specialty Industrial Machinery Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Ballard Power Systems Inc (BLDP) $1,203.842 N/A -2.08 N/A%
Savaria Corporation (SIS) $1,141.468 28.228 11.487 3.2%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Specialty Industrial Machinery

  • Ballard Power Systems Inc (BLDP) vs Savaria Corporation (SIS)
    • SIS has higher EPS (0.57 vs -0.72). SIS provides dividends, while BLDP does not. BLDP has a P/E under 0, indicating SIS (P/E 28.228) is in a better position.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Features a lower EV/EBITDA ratio (-2.08) than the industry average (4.70), indicating attractive valuation.
 

How to Buy BLDP stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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