Media reports have picked up on leaked guidance for the hotly contested U.S. green hydrogen tax credit. While the rules have yet to be finalized, the initial reports point to slightly more restrictive guidance than hoped by many industry participants. Shares of hydrogen-exposed equities underperformed on Dec. 5, with the Global X Hydrogen exchange-traded fund down 2.9% versus the S&P 500 decline of 0.1%.
Plug’s partnerships with leading global companies provide validation of its differentiated strategy.
Fuel cells face competition from battery electric technology within transportation end markets.
|
Metric
|
PLUG
|
BE
|
BLDP
|
|---|---|---|---|
Price/Earnings (Normalized) | — | 91.07 | — |
Price/Book Value | 0.71 | 6.39 | 1.05 |
Price/Sales | 2.72 | 2.00 | 14.25 |
Price/Cash Flow | — | 28.53 | — |
|
Metric
|
PLUG
|
BE
|
BLDP
|
|---|---|---|---|
Quick Ratio | 0.91 | 2.28 | 11.45 |
Current Ratio | 2.41 | 3.64 | 12.57 |
Interest Coverage | −22.24 | −2.56 | −143.05 |
|
Metric
|
PLUG
|
BE
|
BLDP
|
|---|---|---|---|
Return on Assets (Normalized) | −12.68% | 0.61% | −9.67% |
Return on Equity (Normalized) | −18.45% | 3.95% | −10.43% |
Return on Invested Capital (Normalized) | −15.26% | 5.29% | −10.18% |
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|
ABLZF
| ABB Ltd | Cpf | $74.8 Bil | |
ABBNY
| ABB Ltd ADR | Brq | $74.8 Bil | |
MIELY
| Mitsubishi Electric Corp ADR | Ffrsqh | $28.2 Bil | |
MIELF
| Mitsubishi Electric Corp | Vnpfthj | $28.2 Bil | |
LGRVF
| Legrand SA | Pcx | $26.0 Bil | |
LGRDY
| Legrand SA ADR | Yrkz | $26.0 Bil | |
HUBB
| Hubbell Inc | Ftdxym | $16.4 Bil | |
BE
| Bloom Energy Corp Class A | Rltxv | $3.1 Bil | |
HAYW
| Hayward Holdings Inc | Lzmqx | $2.8 Bil |
:quality(80)/s3.amazonaws.com/arc-authors/morningstar/a3416e63-64d9-4054-99c0-22cd1547b5a2.jpg)