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Ballard Power Systems Inc

TSX • Industrials • Electrical Equipment & Parts • Quote as of 10/16/2026
Ballard Power Systems Inc stock price and volume chart

Company Profile

IndustryElectrical Equipment & Parts
SectorIndustrials
ExchangeTSX
Market Capitalization786.44 mln
Float295 mln
Earnings Date11/10/2026

Piotroski F-Score

6 / 9
Solid

Beneish M-Score

-4.1
Highly reliable

1-Year Forecast

4.63
Transformational upside

Relative Strength

2 / 100
Severely lagging

Debt / Equity

0.04
Debt-free

Pre-Tax Margin

-69%
Severely loss-making

Business Description

Founded in 1979 and based in Burnaby, Canada, Ballard Power Systems builds and sells hydrogen fuel cell technology used to power a wide range of vehicles and equipment, including buses, trucks, trains, and ships, as well as fixed power installations. Beyond its core products, the company supports its customers with engineering expertise, training, and ongoing technical services. It operates across North America, Europe, China, and other markets worldwide.

Key Fundamentals

EPS-0.36
ROE-12.37
RPS0.50
ROIC-35.04
ROA-10.70
Interest Cover-38.32
EBITDA, mln-93.86
EV / EBITDA-3.62
EV / EBIT-3.42
Revenue, mln147
EV / Revenue2.31

Quote Details

Last 2.24
Change -0.13 (-5.49%)
Open 2.36
Volume 1,184,562
Turnover 2,653,419
Average Volume 728,072

Financial Ratios

Pre-Tax Profit Margin-69
Leverage Ratio1.15
Current Ratio11.19
Price / Book1.13
Price / Tangible Book1.13
Debt / Equity0.04
Price / Sales6.07
PEG Ratio3.51

Financial Strength

Altman Z-Score1.19
Piotroski F-Score 6 / 9
Beneish M-Score-4.1
1-Year Target Price4.63
Short Ratio5.92
Short % of Float1.46

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week -18.55% 1 / 100   
1 Month -23.29% 2 / 100   
2 Months -51.09% 0 / 100   
6 Months -43.72% 3 / 100   
1 Year -57.58% 2 / 100   



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