Plug Power Inc.Find Ratings Reports
PLUG POWER INC's gross profit margin for the third quarter of its fiscal year 2020 has significantly decreased when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line. PLUG POWER INC is extremely liquid. Currently, the Quick Ratio is 2.38 which clearly shows the ability to cover any short-term cash needs. The company's liquidity has increased from the same period last year.
At the same time, stockholders' equity ("net worth") has greatly increased by 5,024.44% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is very unlikely to face financial difficulties in the near future.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.
|Income Statement||Q3 FY20||Q3 FY19|
|Net Sales ($mil)||106.99||59.46|
|Net Income ($mil)||-39.38||-18.14|
|Balance Sheet||Q3 FY20||Q3 FY19|
|Cash & Equiv. ($mil)||503.84||79.0|
|Total Assets ($mil)||1500.63||556.01|
|Total Debt ($mil)||701.14||453.38|
|Profitability||Q3 FY20||Q3 FY19|
|Gross Profit Margin||2.57||20.14|
|Return on Assets||-6.91||-15.11|
|Return on Equity||-16.81||-697.89|
|Debt||Q3 FY20||Q3 FY19|
|Share Data||Q3 FY20||Q3 FY19|
|Shares outstanding (mil)||390.2||238.72|
|Div / share||0.0||0.0|
|Book value / share||1.58||0.05|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||3.0614172E7||2.7942864E7|
HOLD. This stock’s P/E ratio is negative, making its value useless in the assessment of premium or discount valuation, only displaying that the company has negative earnings per share. For additional comparison, its price-to-book ratio of 16.53 indicates a significant premium versus the S&P 500 average of 3.92 and a significant premium versus the subsector average of 7.92. The price-to-sales ratio is well above both the S&P 500 average and the subsector average, indicating a premium. Upon assessment of these and other key valuation criteria, PLUG POWER INC seems to be trading at a premium to investment alternatives.
|PLUG NM||Peers 134.48||PLUG NM||Peers 30.16|
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings.
PLUG's P/E is negative making this valuation measure meaningless.
Neutral. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
PLUG's P/CF is negative making the measure meaningless.
|PLUG NM||Peers 30.25||PLUG NA||Peers 4.68|
Neutral. The absence of a valid price-to-projected earnings ratio happens when a stock can not be valued on the basis of a negative expected future earnings.
PLUG's ratio is negative making this valuation measure meaningless.
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
Ratio not available.
|PLUG 16.53||Peers 7.92||PLUG 13.16||Peers -20.65|
Premium. A higher price-to-book ratio makes a stock less attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
PLUG is trading at a significant premium to its peers.
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
PLUG is expected to have an earnings growth rate that significantly exceeds its peers.
|PLUG 33.19||Peers 5.76||PLUG 55.01||Peers -4.88|
Premium. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
PLUG is trading at a significant premium to its subsector.
Higher. A sales growth rate that exceeds the subsector implies that a company is gaining market share.
PLUG has a sales growth rate that significantly exceeds its peers.