Obermatt

Flags

Financial distress

Plug Power

NAQ:PLUG · US72919P2020
Electrical EquipmentMedium

360

19
Profit price59
Owner Earnings Yield1
Dividend Yield1
Price/Sales23
Price/Book16
Return on Capital9
Cash Return on Capital1
Return on Equity1
EBIT Margin6
Gross Profitability3
Accruals100
Owner Earnings Margin6
Sales growth55
Profit growth1
Reinvestment4
Price momentum88
Debt load23
Refinancing77
Debt Payback1
Liquidity18
Analyst ratings12
Opinion Changes50
Price Target Upside67
Market mood25
Value Creation6/20not creating value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Plug Power doesn't consistently earn more than its cost of capital, so it isn't yet creating shareholder value.

Profile

CountryUSA
IndustryElectrical Equipment
SizeMedium
TypePublic Company
ExchangeNASDAQCM
Founded1997
Employees1,369
ISINUS72919P2020
Last UpdateApr 2, 2026
Themes
Clean EnergyData Center TechnologyUtility Scale SolarFuel CellsHydrogenEnergy StorageCleanTechEnergyManufacturingNatural Resources

Description

Plug Power Inc. (Plug) is building an end-to-end clean hydrogen ecosystem, from production, storage, and delivery to energy generation, to help its customers meet their business goals and decarbonize the economy. In creating the first commercially v…

Analysis

Weak and unloved

Plug Power Inc. is weak and unloved: below-average business metrics and a price that reflects that disappointment.

Valuation data is not available for this company.

The trajectory is moderate and the balance sheet is stretched. The company scores 6/20 on our value-creation score: not creating value.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
1
2023202420252026

All-time high

53

Jan 2023

All-time low

1

Jun 2026

Average rank

29

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
23
72
77
5
Price/Earnings
90
94
94
2
Price/Book
16
97
94
72
Dividend Yield
1
1
1
1
Value (overall)
29
75
71
31

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →