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FuelCell Energy Inc Stock Research

FCEL

3.09USD+0.05(+1.64%)Market Closed

Market Summary

USD3.09+0.05
Market Closed
1.64%

FCEL Alerts

FCEL Stock Price

FCEL RSI Chart

FCEL Valuation

Market Cap

1.3B

Price/Earnings (Trailing)

-10.39

Price/Sales (Trailing)

9.23

EV/EBITDA

-9.78

Price/Free Cashflow

-10.64

FCEL Price/Sales (Trailing)

FCEL Profitability

EBT Margin

-88.98%

Return on Equity

-17.87%

Return on Assets

-13.53%

Free Cashflow Yield

-9.4%

FCEL Fundamentals

FCEL Revenue

Revenue (TTM)

135.8M

Revenue Y/Y

16.6%

Revenue Q/Q

-5.43%

FCEL Earnings

Earnings (TTM)

-120.7M

Earnings Y/Y

54.16%

Earnings Q/Q

56.15%

Price Action

52 Week Range

2.477.04
(Low)(High)

Last 7 days

-7.9%

Last 30 days

-12.1%

Last 90 days

-18.1%

Trailing 12 Months

-48.2%

FCEL Financial Health

Current Ratio

7.94

Debt/Equity

0.11

Debt/Cashflow

-1.52

FCEL Investor Care

Shares Dilution (1Y)

10.65%

Diluted EPS (TTM)

-0.32

Peers (Alternatives to FuelCell Energy)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
65.4B
20.8B
-8.63% 7.74%
26.56
3.15
5.73% 14.83%
46.8B
18.5B
-6.78% -11.52%
10.03
2.53
7.53% 69.43%
31.2B
6.2B
-8.11% 3.76%
26.89
5.07
10.89% 17.12%
13.0B
4.9B
-4.48% 28.51%
23.77
2.62
17.97% 43.13%
MID-CAP
7.3B
4.6B
-7.17% -60.46%
18.29
1.6
22.14% -27.43%
6.8B
701.4M
-23.72% -48.90%
-9.42
9.72
39.63% -57.41%
6.1B
4.1B
-3.18% 0.72%
16.42
1.5
13.43% 11.07%
5.3B
3.9B
-9.70% 29.32%
6.05
1.37
19.93% 24.65%
SMALL-CAP
1.9B
399.1M
-34.43% -40.36%
73.92
4.71
11.05% -55.06%
1.3B
135.8M
-12.14% -48.21%
-10.39
9.23
56.94% -26.12%
86.3M
-
-14.92% -9.36%
8.05
0.59
320.62% -77.67%
67.3M
119.5M
-0.49% -26.23%
-65.57
0.56
15.48% -134.14%
54.1M
140.0M
-19.17% -48.68%
-1.56
0.39
46.04% -92.40%
41.2M
897.5K
-30.87% -47.57%
-1.39
45.9
44.44% 25.13%
17.6M
14.3M
-21.12% -65.86%
-4.6
1.23
-3.39% 30.11%

Financials for FuelCell Energy

Income Statement (Last 12 Months)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue4.0%135,762,000130,484,000105,218,00088,934,00086,503,000
Operating Expenses-12.5%99,892,000114,149,000100,862,00088,730,00080,457,000
  S&GA Expenses-27.6%57,664,00079,620,00075,041,00069,545,00065,981,000
  R&D Expenses22.3%42,228,00034,529,00025,821,00019,185,00014,476,000
EBITDA21.3%-93,415,000-118,745,000-101,103,000-85,435,000-
EBITDA Margin24.4%-0.69-0.91-0.96-0.96-
Earnings Before Taxes17.5%-120,801,000-146,413,000-128,881,000-112,388,000-101,183,000
EBT Margin20.7%-0.89-1.12-1.22-1.26-
Interest Expenses1.3%6,478,0006,394,0006,458,0006,390,0006,246,000
Net Income15.4%-120,720,000-142,722,000-124,436,000-107,019,000-95,719,000
Net Income Margin18.7%-0.89-1.09-1.18-1.20-
Free Cahsflow-5.0%-117,790,000-112,167,000-97,941,000-93,983,000-
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets-5.0%892940944946855
  Current Assets-9.5%525580580595509
    Cash Equivalents-25.8%340458456468377
  Inventory11.3%10191.0081.0083.0065.00
  Net PPE8.9%63.0058.0053.0045.0041.00
  Goodwill0%4.004.004.004.004.00
Liabilities-15.2%157185185186183
  Current Liabilities-23.0%66.0086.0081.0080.0075.00
  Long Term Debt-1.6%74.0075.0077.00--
Shareholder's Equity-1.3%675684690698597
  Retained Earnings-1.3%-1,426-1,407-1,365-1,336-1,305
  Additional Paid-In Capital0.1%2,0962,0942,0572,0281,909
Shares Outstanding0.0%406406394387367
Minority Interest6.5%8.007.007.006.00-5.50
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations-5.0%-117-112-97.94-93.98-87.87
  Share Based Compensation15.6%8.007.006.005.004.00
Cashflow From Investing-148.0%-115-46.65-68.50-80.15-84.40
Cashflow From Financing-6.8%168181152493368

Risks for FCEL

What is the probability of a big loss on FCEL?

100%


Probability that FuelCell Energy stock will be more than 20% underwater in next one year

100%


Probability that FuelCell Energy stock will be more than 30% underwater in next one year.

95.4%


Probability that FuelCell Energy stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does FCEL drawdown profile look like?

Y-axis is the maximum loss one would have experienced if FuelCell Energy was unfortunately bought at previous high price.

Drawdowns

Returns for FCEL

Cumulative Returns on FCEL

-32.0%


10-Year Cumulative Returns

-38.0%


7-Year Cumulative Returns

-32.4%


5-Year Cumulative Returns

38.3%


3-Year Cumulative Returns

What are the long-term rolling returns for FCEL?

FIve years rolling returns for FuelCell Energy.

Annualized Returns

Which funds bought or sold FCEL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
added
6.37
-6,208
34,792
-%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-0.05
-29,042
127,958
-%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-6.57
-
-
-%
2023-02-28
Voya Investment Management LLC
unchanged
-
-92,923
409,077
-%
2023-02-27
Parallax Volatility Advisers, L.P.
reduced
-67.07
-155,770
57,230
-%
2023-02-24
NATIXIS
unchanged
-
-25,964
94,036
-%
2023-02-21
MACQUARIE GROUP LTD
sold off
-100
-50,000
-
-%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
added
780
5,116
6,116
-%
2023-02-17
Coppell Advisory Solutions Corp.
new
-
334
334
-%
2023-02-16
SkyView Investment Advisors, LLC
new
-
64,000
64,000
0.02%

1–10 of 42

Latest Funds Activity

Are funds buying FCEL calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own FCEL
No. of Funds

FuelCell Energy News

InvestorsObserver

Does FuelCell Energy Inc (FCEL) Have What it Takes to be in Your Portfolio Friday?.

InvestorsObserver,
2 days ago

The Motley Fool

InvestorsObserver

The Motley Fool

Seeking Alpha

24/7 Wall St.

InvestorsObserver

InvestorsObserver

Schedule 13G FIlings of FuelCell Energy

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
9.43%
38,273,473
SC 13G/A
Jan 24, 2023
blackrock inc.
9.5%
38,346,213
SC 13G/A
May 09, 2022
blackrock inc.
10.4%
37,989,638
SC 13G/A
Mar 09, 2022
vanguard group inc
10.00%
36,667,184
SC 13G/A
Feb 10, 2022
vanguard group inc
8.81%
32,316,818
SC 13G
Feb 01, 2022
blackrock inc.
8.9%
32,625,987
SC 13G/A
May 07, 2021
blackrock inc.
10.4%
33,587,739
SC 13G/A
Feb 22, 2021
rosen lawrence i
4.04%
13,009,490
SC 13G/A
Feb 16, 2021
cvi investments, inc.
-
129,167
SC 13G/A
Feb 02, 2021
blackrock inc.
6.6%
21,193,130
SC 13G

FCEL Fair Value

FuelCell Energy fair value in different scenarios

The table shows the Fair Value estimates for FuelCell Energy for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

0.47

-84.79%

0.49

-84.14%

0.54

-82.52%

0.62

-79.94%

0.75

-75.73%
Current Inflation

0.47

-84.79%

0.49

-84.14%

0.53

-82.85%

0.61

-80.26%

0.71

-77.02%
Very High Inflation

0.47

-84.79%

0.49

-84.14%

0.53

-82.85%

0.59

-80.91%

0.68

-77.99%

Historical FuelCell Energy Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of FuelCell Energy

View All Filings
Date Filed Form Type Document
Mar 09, 2023
10-Q
Quarterly Report
Mar 09, 2023
8-K
Current Report
Feb 23, 2023
8-K
Current Report
Feb 17, 2023
ARS
ARS
Feb 17, 2023
DEF 14A
DEF 14A
Feb 17, 2023
DEFA14A
DEFA14A
Feb 09, 2023
SC 13G/A
Major Ownership Report
Jan 30, 2023
PRE 14A
PRE 14A
Jan 24, 2023
SC 13G/A
Major Ownership Report
Jan 18, 2023
4
Insider Trading

Latest Insider Trading transactions for FCEL

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-12-12
Leo Anthony
sold (taxes)
-5,125
3.47
-1,477
evp & chief technology officer
2022-12-12
Dolger Joshua
sold (taxes)
-7,575
3.47
-2,183
general counsel & corp sec
2022-12-12
Few Jason
sold (taxes)
-33,502
3.47
-9,655
ceo
2022-12-12
Lisowski Michael
acquired
-
-
6,521
evp & chief operating officer
2022-12-12
Feasel Mark
acquired
-
-
6,521
evp & ch. commercial officer
2022-12-12
Feasel Mark
sold (taxes)
-5,510
3.47
-1,588
evp & ch. commercial officer
2022-12-12
Lisowski Michael
sold (taxes)
-10,486
3.47
-3,022
evp & chief operating officer
2022-12-12
Bishop Michael S.
sold (taxes)
-10,486
3.47
-3,022
evp & cfo
2022-12-12
Dolger Joshua
acquired
-
-
4,710
general counsel & corp sec

1–10 of 50

Jason B. Few
380
FuelCell Energy, Inc., together with its subsidiaries, designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed baseload power generation. It offers SureSource1500, a 1.4-megawatt (MW) platform; SureSource 3000, a 2.8 MW platform; SureSource 4000, a 3.7 MW platform; SureSource 250, a 250- kilowatt (kW) platform; SureSource 400, a 400-kW platform; and SureSource Hydrogen, a 2.3 MW platform that is designed to produce up to 1,200 kilograms of hydrogen per day for multi-megawatt utility, microgrid, and distributed hydrogen applications, as well as on-site heat and chilling applications. It also provides SureSource Capture system that separates and concentrates carbon dioxide from the flue gases of natural gas, biomass, or coal-fired power plants, as well as industrial facilities; solid oxide fuel cell/solid oxide electrolysis cell stack technology. The company's SureSource power plants generate clean electricity, usable heat, water, and hydrogen. In addition, it provides engineering, procurement, and construction services; project financing services; and real-time monitoring and remote operation, online support system, preventative maintenance, parts and supplies, on-site and classroom training, and power plant refurbishment/recycling services, as well as technical services in the areas of plant operation and performance, and fuel processing. It serves various markets, including utilities and independent power producers, industrial and process applications, education and health care, data centers and communication, wastewater treatment, government, microgrids, food and beverage, and commercial and hospitality. The company primarily operates in the United States, South Korea, England, Germany, and Switzerland. FuelCell Energy, Inc. was founded in 1969 and is headquartered in Danbury, Connecticut.

FCEL Income Statement

2023-01-31
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended12 Months Ended
Jan. 31, 2023
Oct. 31, 2022
Revenues:  
Total revenues$ 37,073$ 31,795
Total costs of revenues  
Total costs of revenues31,83634,690
Gross profit (loss)5,237(2,895)
Operating expenses:  
Administrative and selling expenses15,00936,965
Research and development expenses12,6834,984
Total costs and expenses27,69241,949
Loss from operations(22,455)(44,844)
Interest expense(1,512)(1,428)
Interest income3,41010
Other income, net49142
Loss before provision for income taxes(20,508)(46,120)
Provision for income taxes(578) 
Net loss(21,086)(46,120)
Net loss attributable to noncontrolling interests(2,464)(5,496)
Net loss attributable to FuelCell Energy, Inc.(18,622)(40,624)
Series B preferred stock dividends(800)(800)
Net loss attributable to common stockholders$ (19,422)$ (41,424)
Loss per share basic and diluted:  
Net loss per share attributable to common stockholders, basic$ (0.05)$ (0.11)
Net loss per share attributable to common stockholders, diluted$ (0.05)$ (0.11)
Basic weighted average shares outstanding405,803,753366,734,739
Diluted weighted average shares outstanding405,803,753366,734,739
Net loss$ (21,086)$ (46,120)
Other comprehensive loss:  
Foreign currency translation adjustments447(91)
Total comprehensive loss(20,639)(46,211)
Comprehensive loss attributable to noncontrolling interests(2,464)(5,496)
Comprehensive loss attributable to FuelCell Energy, Inc.(18,175)(40,715)
Series B Preferred Stock  
Operating expenses:  
Series B preferred stock dividends(800) 
Product  
Revenues:  
Total revenues9,09518,000
Total costs of revenues  
Total costs of revenues1,02918,207
Service  
Revenues:  
Total revenues13,8822,167
Total costs of revenues  
Total costs of revenues10,9452,372
Generation  
Revenues:  
Total revenues9,5577,496
Total costs of revenues  
Total costs of revenues16,60210,722
Advanced Technologies  
Revenues:  
Total revenues4,5394,132
Total costs of revenues  
Total costs of revenues$ 3,260$ 3,389

FCEL Balance Sheet

2023-01-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 31, 2023
Oct. 31, 2022
Current assets:  
Cash and cash equivalents, unrestricted$ 315,168$ 458,055
Restricted cash and cash equivalents - short-term4,4564,423
Investments - short-term75,652 
Accounts receivable, net3,2134,885
Unbilled receivables13,71111,019
Inventories101,17690,909
Other current assets11,54510,989
Total current assets524,921580,280
Restricted cash and cash equivalents - long-term20,15518,566
Inventories - long-term7,5497,549
Project assets, net229,914232,886
Property, plant and equipment, net63,33858,137
Operating lease right-of-use assets, net8,9977,189
Goodwill4,0754,075
Intangible assets, net17,04917,373
Other assets16,38513,662
Total assets (1)892,383939,717
Current liabilities:  
Current portion of long-term debt13,24913,198
Current portion of operating lease liabilities557650
Accounts payable24,59028,196
Accrued liabilities20,31327,415
Deferred revenue7,36616,341
Total current liabilities66,07585,800
Long-term deferred revenue and customer deposits 9,095
Long-term operating lease liabilities9,5037,575
Long-term debt and other liabilities81,57582,863
Total liabilities (1)157,153185,333
Redeemable noncontrolling interest 3,030
Stockholders' equity:  
Common stock ($0.0001 par value); 500,000,000 shares authorized as of January 31, 2023 and October 31, 2022; 405,732,053 and 405,562,988 shares issued and outstanding as of January 31, 2023 and October 31, 2022, respectively4141
Additional paid-in capital2,095,6672,094,076
Accumulated deficit(1,426,595)(1,407,973)
Accumulated other comprehensive loss(1,305)(1,752)
Treasury stock, Common, at cost (163,943 and 142,837 shares as of January 31, 2023 and October 31, 2022, respectively)(923)(855)
Deferred compensation923855
Total stockholder's equity667,808684,392
Noncontrolling interests7,5657,105
Total equity675,373691,497
Total liabilities, redeemable Series B preferred stock, redeemable noncontrolling interest and total equity892,383939,717
Series B Preferred Stock  
Current liabilities:  
Redeemable Series B preferred stock (liquidation preference of $64,020 as of January 31, 2023 and October 31, 2022)$ 59,857$ 59,857