Bloom Energy Earnings: All Eyes Are on Data Center Opportunities
We maintain our $10 per share fair value estimate for no-moat Bloom Energy following the company's first-quarter results. We view shares as slightly overvalued.
We maintain our $10 per share fair value estimate for no-moat Bloom Energy following the company's first-quarter results. We view shares as slightly overvalued.
Bloom is a first-mover within the baseload distributed generation market.
Bloom’s U.S. sales have been relatively flat in recent years as Korea has driven growth.
Metric
|
BE
|
CMI
|
BLDP
|
---|---|---|---|
Price/Earnings (Normalized) | 26.38 | 15.43 | — |
Price/Book Value | 5.62 | 4.45 | 1.01 |
Price/Sales | 1.94 | 1.24 | 9.24 |
Price/Cash Flow | 34.11 | 27.97 | — |
Metric
|
BE
|
CMI
|
BLDP
|
---|---|---|---|
Quick Ratio | 2.57 | 0.65 | 10.78 |
Current Ratio | 4.45 | 1.18 | 11.66 |
Interest Coverage | −1.82 | 4.70 | −119.55 |
Metric
|
BE
|
CMI
|
BLDP
|
---|---|---|---|
Return on Assets (Normalized) | −0.57% | 3.38% | −8.59% |
Return on Equity (Normalized) | −3.17% | 11.08% | −9.31% |
Return on Invested Capital (Normalized) | 2.93% | 6.47% | −9.08% |
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
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ABLZF
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OSAGY
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MIELY
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MIELF
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VRT
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HAYW
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PLUG
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