Compare Ballard Power Systems, Inc. with Similar Stocks
Stock DNA
Electronics & Appliances
CAD 1,776 Million (Small Cap)
NA (Loss Making)
NA
0.00%
-0.90
-8.17%
2.20
Revenue and Profits:
Net Sales:
27 Million
(Quarterly Results - Mar 2026)
Net Profit:
-16 Million
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
82.7%
0%
82.7%
6 Months
72.58%
0%
72.58%
1 Year
191.12%
0%
191.12%
2 Years
69.29%
0%
69.29%
3 Years
5.24%
0%
5.24%
4 Years
-22.61%
0%
-22.61%
5 Years
-70.39%
0%
-70.39%
Ballard Power Systems, Inc. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
2.00%
EBIT Growth (5y)
-11.69%
EBIT to Interest (avg)
-88.59
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-0.88
Sales to Capital Employed (avg)
0.13
Tax Ratio
0.03%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
40.98%
ROCE (avg)
0
ROE (avg)
0
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
2.20
EV to EBIT
-11.65
EV to EBITDA
-12.44
EV to Capital Employed
12.47
EV to Sales
7.37
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-107.10%
ROE (Latest)
-8.17%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
Bearish
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
No Trend
No Trend
Shareholding Snapshot : Mar 2026
Shareholding Compare (%holding) 
Majority shareholders
Foreign Institutions
Domestic Funds
Held in 10 Schemes (1.32%)
Foreign Institutions
Held by 310 Foreign Institutions (39.23%)
Strategic Entities with highest holding
Highest Public shareholder
Quarterly Results Snapshot (Consolidated) - Mar'26 - QoQ
Mar'26
Dec'25
Change(%)
Net Sales
26.60
46.90
-43.28%
Operating Profit (PBDIT) excl Other Income
-16.60
-15.70
-5.73%
Interest
0.60
0.60
Exceptional Items
-3.70
-12.80
71.09%
Consolidate Net Profit
-15.60
-24.40
36.07%
Operating Profit Margin (Excl OI)
-673.10%
-365.50%
-30.76%
USD in Million.
Net Sales
QoQ Growth in quarter ended Mar 2026 is -43.28% vs 4.69% in Dec 2025
Consolidated Net Profit
QoQ Growth in quarter ended Mar 2026 is 36.07% vs 36.95% in Dec 2025
Annual Results Snapshot (Consolidated) - Dec'25
Dec'25
Dec'24
Change(%)
Net Sales
138.80
95.50
45.34%
Operating Profit (PBDIT) excl Other Income
-106.30
-213.40
50.19%
Interest
2.70
2.90
-6.90%
Exceptional Items
-41.70
-250.30
83.34%
Consolidate Net Profit
-127.00
-443.20
71.34%
Operating Profit Margin (Excl OI)
-806.20%
-2,399.90%
159.37%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2025 is 45.34% vs -30.90% in Dec 2024
Consolidated Net Profit
YoY Growth in year ended Dec 2025 is 71.34% vs -127.75% in Dec 2024
About Ballard Power Systems, Inc. 
Ballard Power Systems, Inc.
Electronics & Appliances
Ballard Power Systems Inc is a Canada-based proton exchange membrane (PEM) fuel cell products designer. The Company's principal business is the design, development, manufacture, sale and service of PEM fuel cell products for a variety of applications, focusing on its power product markets of Heavy-Duty Motive, Portable Power, Material Handling and Backup Power, as well as the delivery of Technology Solutions, including engineering services and the license and sale of its intellectual property portfolio and fundamental knowledge for a variety of fuel cell applications.
Company Coordinates 
Company Details
9000 Glenlyon Pky , BURNABY BC : V5J 5J8
Registrar Details






