Ballard Power Systems Stock Net Income
| BLDP Stock | USD 1.37 0.06 4.20% |
Ballard Power Systems fundamentals help investors to digest information that contributes to Ballard Power's financial success or failures. It also enables traders to predict the movement of Ballard Stock. The fundamental analysis module provides a way to measure Ballard Power's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ballard Power stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | -177.7 M | -168.8 M | |
| Net Loss | -144.2 M | -137 M | |
| Net Loss | -156.1 M | -148.3 M | |
| Net Loss | (0.60) | (0.62) | |
| Net Income Per E B T | 1.23 | 0.84 |
Ballard | Net Income |
Ballard Power Systems Company Net Income Analysis
Ballard Power's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Ballard Power Net Income | (177.72 M) |
Most of Ballard Power's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ballard Power Systems is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Ballard Net Income 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 Net Income. 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.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Ballard Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Ballard Power Systems reported net income of (177.72 Million). This is 168.5% lower than that of the Electrical Equipment sector and significantly lower than that of the Industrials industry. The net income for all United States stocks is 131.12% higher than that of the company.
Ballard Net Income 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 Net Income 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 net income 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.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.7B | 5.8B | 3.7B | 1.4B | 1.1B | 753.2M | |
| Enterprise Value | 1.5B | 5.1B | 2.6B | 529.9M | 371.8M | 592.5M |
Ballard Power Institutional Holders
Institutional Holdings refers to the ownership stake in Ballard Power that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ballard Power's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Ballard Power's value.| Shares | Barclays Plc | 2024-06-30 | 1.5 M | Great West Life Assurance Co | 2024-09-30 | 1.3 M | Two Sigma Investments Llc | 2024-09-30 | 1.1 M | Amundi | 2024-06-30 | 1.1 M | First Trust Advisors L.p. | 2024-06-30 | 1.1 M | Bank Of Montreal | 2024-06-30 | 990.2 K | Bmo Capital Markets Corp. | 2024-06-30 | 990.2 K | Verition Fund Managegment, Llc | 2024-06-30 | 975.3 K | Zurcher Kantonalbank | 2024-09-30 | 845.1 K | Legal & General Group Plc | 2024-06-30 | 7.8 M | Public Investment Fund | 2024-06-30 | 7 M |
Ballard Fundamentals
| Return On Equity | -0.37 | ||||
| Return On Asset | -0.11 | ||||
| Operating Margin | (3.18) % | ||||
| Current Valuation | (217.79 M) | ||||
| Shares Outstanding | 299.42 M | ||||
| Shares Owned By Insiders | 15.53 % | ||||
| Shares Owned By Institutions | 26.48 % | ||||
| Number Of Shares Shorted | 13.77 M | ||||
| Price To Earning | (86.55) X | ||||
| Price To Book | 0.55 X | ||||
| Price To Sales | 4.66 X | ||||
| Revenue | 102.37 M | ||||
| Gross Profit | (13.1 M) | ||||
| EBITDA | (122.27 M) | ||||
| Net Income | (177.72 M) | ||||
| Cash And Equivalents | 957.43 M | ||||
| Cash Per Share | 3.21 X | ||||
| Total Debt | 17.9 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 14.44 X | ||||
| Book Value Per Share | 2.40 X | ||||
| Cash Flow From Operations | (104.57 M) | ||||
| Short Ratio | 4.49 X | ||||
| Earnings Per Share | (1.09) X | ||||
| Price To Earnings To Growth | (3,427) X | ||||
| Target Price | 2.67 | ||||
| Number Of Employees | 1.17 K | ||||
| Beta | 1.75 | ||||
| Market Capitalization | 428.17 M | ||||
| Total Asset | 1.07 B | ||||
| Retained Earnings | (1.74 B) | ||||
| Working Capital | 794.15 M | ||||
| Current Asset | 87.57 M | ||||
| Current Liabilities | 30.19 M | ||||
| Net Asset | 1.07 B |
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.
Pair Trading with Ballard Power
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ballard Power position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ballard Power will appreciate offsetting losses from the drop in the long position's value.Moving against Ballard Stock
| 0.86 | PH | Parker Hannifin | PairCorr |
| 0.86 | EPAC | Enerpac Tool Group | PairCorr |
| 0.85 | AME | Ametek Inc Sell-off Trend | PairCorr |
| 0.81 | CMI | Cummins | PairCorr |
| 0.79 | CR | Crane Company | PairCorr |
The ability to find closely correlated positions to Ballard Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ballard Power when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ballard Power - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ballard Power Systems to buy it.
The correlation of Ballard Power is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ballard Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ballard Power Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ballard Power can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Ballard Stock Analysis
When running Ballard Power's price analysis, check to measure Ballard Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ballard Power is operating at the current time. Most of Ballard Power's value examination focuses on studying past and present price action to predict the probability of Ballard Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ballard Power's price. Additionally, you may evaluate how the addition of Ballard Power to your portfolios can decrease your overall portfolio volatility.