COMP <GO>
PLUG vs FCEL // EV/EBITDA & P/E VALUATION
Plug Power Inc. (NASDAQ) VS. FuelCell Energy Inc. (NASDAQ) • 15-METRIC TALLY: PLUG 2
— FCEL 3
■ METRIC PARITY
LAST: $1.42 (0.00%) • MKT CAP: $1.98B
valuation
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LAST: $12.18 (-1.62%) • MKT CAP: $973.8M
valuation
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (PLUG VS. FCEL)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | PLUG | FCEL | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | -30.00% | -16.70% | -13.30 | FCEL | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -35.00% | -35.00% | 0.00 | TIE | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | — | -12.87% | — | TIE | /fcf-yield <GO> |
| Operating Margin | -60.00% | -60.00% | 0.00 | TIE | /operating-margins <GO> |
| Net Profit Margin | -60.00% | -60.00% | 0.00 | TIE | /net-margins <GO> |
| Revenue Growth (YoY) | 12.90% | 41.00% | -28.10 | FCEL | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 0.20 | 0.20 | 0.00 | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 4/9 | 3/9 | +1.00 | PLUG | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 27.1 | 35.1 | -8.00 | FCEL | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $1.98B | $973.8M | $1.01B | PLUG | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | PLUG REV | FCEL REV | PLUG GROSS % | FCEL GROSS % | PLUG FCF | FCEL FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $709.9M | $158.2M | -34.1% | -16.7% | -$647.0M | -$125.3M |
| FY 2024 | $628.8M | $112.1M | -50.0% | -32.0% | -$1.02B | -$152.9M |
| FY 2023 | $891.3M | $123.4M | — | — | -$1.11B | -$140.3M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
PLUG // BETA —
FCEL // BETA —