Compare Ballard Power Systems, Inc. with Similar Stocks
Stock DNA
Electronics & Appliances
CAD 1,104 Million (Small Cap)
NA (Loss Making)
NA
0.00%
-0.89
-10.84%
1.37
Revenue and Profits:
Net Sales:
47 Million
(Quarterly Results - Dec 2025)
Net Profit:
-24 Million
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-8.01%
0%
-8.01%
6 Months
-7.76%
0%
-7.76%
1 Year
75.26%
0%
75.26%
2 Years
-10.48%
0%
-10.48%
3 Years
-51.24%
0%
-51.24%
4 Years
-77.45%
0%
-77.45%
5 Years
-89.16%
0%
-89.16%
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)
-0.15%
EBIT Growth (5y)
-161.46%
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)
0.12
Tax Ratio
0.03%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
39.72%
ROCE (avg)
0
ROE (avg)
0
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
1.37
EV to EBIT
-3.32
EV to EBITDA
-3.50
EV to Capital Employed
4.47
EV to Sales
2.75
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-134.60%
ROE (Latest)
-10.84%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Mildly Bullish
Bearish
Shareholding Snapshot : Dec 2025
Shareholding Compare (%holding) 
Majority shareholders
Foreign Institutions
Domestic Funds
Held in 10 Schemes (1.29%)
Foreign Institutions
Held by 302 Foreign Institutions (37.98%)
Strategic Entities with highest holding
Highest Public shareholder
Quarterly Results Snapshot (Consolidated) - Dec'25 - QoQ
Dec'25
Sep'25
Change(%)
Net Sales
46.90
44.80
4.69%
Operating Profit (PBDIT) excl Other Income
-15.50
-15.50
Interest
0.60
0.60
Exceptional Items
-12.80
-25.50
49.80%
Consolidate Net Profit
-24.40
-38.70
36.95%
Operating Profit Margin (Excl OI)
-365.50%
-379.00%
1.35%
USD in Million.
Net Sales
QoQ Growth in quarter ended Dec 2025 is 4.69% vs 81.38% in Sep 2025
Consolidated Net Profit
QoQ Growth in quarter ended Dec 2025 is 36.95% vs -15.18% in Sep 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






