Is Fusion Fuel Green Plc overvalued or undervalued?

Jun 25 2025 09:24 AM IST
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As of December 4, 2023, Fusion Fuel Green Plc is considered "risky" and overvalued due to negative performance metrics, including a Price to Book Value of 0.54 and a year-to-date return of -60.56%, significantly underperforming the S&P 500.
As of 4 December 2023, Fusion Fuel Green Plc has moved from a grade of "does not qualify" to "risky." The company is currently overvalued, given its negative performance metrics and ratios. Key ratios include a Price to Book Value of 0.54, an EV to EBITDA of -0.22, and a ROCE of -274.97%.

In comparison with peers, Fusion Fuel's valuation reflects a P/E ratio of NA due to being loss-making, while Lightbridge Corp. shows a significantly negative P/E of -22.33, and Codexis, Inc. has an EV to EBITDA of -2.64. The company's stock has underperformed severely against the S&P 500, with a year-to-date return of -60.56% compared to the index's 2.44%, further reinforcing the notion of overvaluation.
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