PLUG Relative Valuation
PLUG's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, PLUG is overvalued; if below, it's undervalued.
Historical Valuation
Plug Power Inc (PLUG) is now in the Fair zone, suggesting that its current forward PS ratio of 0.00 is considered Fairly compared with the five-year average of -29.86. The fair price of Plug Power Inc (PLUG) is between NaN to NaN according to relative valuation methord.
Relative Value
Fair Zone
NaN-NaN
Current Price：2.20
Fair
-6.27
PE
1Y
3Y
5Y
Trailing
Forward
-14.15
EV/EBITDA
Plug Power Inc. (PLUG) has a current EV/EBITDA of -14.15. The 5-year average EV/EBITDA is 208.19. The thresholds are as follows: Strongly Undervalued below -1951.03, Undervalued between -1951.03 and -871.42, Fairly Valued between 1287.80 and -871.42, Overvalued between 1287.80 and 2367.41, and Strongly Overvalued above 2367.41. The current Forward EV/EBITDA of -14.15 falls within the Historic Trend Line -Fairly Valued range.
-10.09
EV/EBIT
Plug Power Inc. (PLUG) has a current EV/EBIT of -10.09. The 5-year average EV/EBIT is -32.91. The thresholds are as follows: Strongly Undervalued below -129.30, Undervalued between -129.30 and -81.11, Fairly Valued between 15.28 and -81.11, Overvalued between 15.28 and 63.47, and Strongly Overvalued above 63.47. The current Forward EV/EBIT of -10.09 falls within the Historic Trend Line -Fairly Valued range.
3.78
PS
Plug Power Inc. (PLUG) has a current PS of 3.78. The 5-year average PS is 11.72. The thresholds are as follows: Strongly Undervalued below -15.91, Undervalued between -15.91 and -2.09, Fairly Valued between 25.54 and -2.09, Overvalued between 25.54 and 39.35, and Strongly Overvalued above 39.35. The current Forward PS of 3.78 falls within the Historic Trend Line -Fairly Valued range.
-12.86
P/OCF
Plug Power Inc. (PLUG) has a current P/OCF of -12.86. The 5-year average P/OCF is 189.87. The thresholds are as follows: Strongly Undervalued below -4055.28, Undervalued between -4055.28 and -1932.71, Fairly Valued between 2312.45 and -1932.71, Overvalued between 2312.45 and 4435.03, and Strongly Overvalued above 4435.03. The current Forward P/OCF of -12.86 falls within the Historic Trend Line -Fairly Valued range.
-11.20
P/FCF
Plug Power Inc. (PLUG) has a current P/FCF of -11.20. The 5-year average P/FCF is -9.42. The thresholds are as follows: Strongly Undervalued below -27.56, Undervalued between -27.56 and -18.49, Fairly Valued between -0.36 and -18.49, Overvalued between -0.36 and 8.71, and Strongly Overvalued above 8.71. The current Forward P/FCF of -11.20 falls within the Historic Trend Line -Fairly Valued range.
Plug Power Inc (PLUG) has a current Price-to-Book (P/B) ratio of 1.89. Compared to its 3-year average P/B ratio of 1.10 , the current P/B ratio is approximately 71.23% higher. Relative to its 5-year average P/B ratio of 2.79, the current P/B ratio is about -32.36% higher. Plug Power Inc (PLUG) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of -55.87%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of -34.93% , the current FCF yield is about -100.00% lower.
1.89
P/B
Median3y
1.10
Median5y
2.79
-22.04
FCF Yield
Median3y
-55.87
Median5y
-34.93
Competitors Valuation Multiple
The average P/S ratio for PLUG's competitors is , providing a benchmark for relative valuation. Plug Power Inc Corp (PLUG) exhibits a P/S ratio of , which is NaN% above the industry average. Given its robust revenue growth of 1.91%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of PLUG increased by 4.69% over the past 1 year. The primary factor behind the change was an decrease in Margin Expansion from -121.55 to -205.31.
The secondary factor is the Revenue Growth, contributed 1.91%to the performance.
Overall, the performance of PLUG in the past 1 year is driven by Margin Expansion. Which is more sustainable.
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FAQ
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