Ballard Power Systems Ratios and Metrics

Market cap in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 3, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	917	716	1,467	1,933	4,730	8,396
Market Cap Growth	40.52%	-51.21%	-24.14%	-59.13%	-43.66%	287.44%
Enterprise Value	213	-108	432	641	3,203	7,937
Last Close Price	3.05	2.39	4.91	6.48	15.89	29.78
PS Ratio	7.30	7.13	10.85	17.45	35.77	63.43
PB Ratio	1.09	0.74	1.12	1.23	2.81	7.31
P/TBV Ratio	1.09	0.74	1.17	1.31	3.01	7.69
EV/Sales Ratio	1.70	-	3.20	5.78	24.22	59.97
Debt / Equity Ratio	0.04	0.04	0.02	0.01	0.01	0.02
Asset Turnover	0.12	0.08	0.09	0.06	0.09	0.16
Inventory Turnover	1.47	1.79	2.39	1.74	2.26	2.83
Quick Ratio	7.49	8.44	11.50	13.18	14.11	15.78
Current Ratio	8.33	9.25	12.25	14.06	14.78	16.40
Return on Equity (ROE)	-18.07%	-38.88%	-13.41%	-12.90%	-10.26%	-8.60%
Return on Assets (ROA)	-8.45%	-11.20%	-8.64%	-6.61%	-4.45%	-3.80%
Return on Capital Employed (ROCE)	-16.40%	-23.70%	-16.00%	-12.10%	-6.30%	-4.30%
Earnings Yield	-18.20%	-65.19%	-16.00%	-12.14%	-3.06%	-0.78%
FCF Yield	-15.74%	-26.93%	-13.13%	-11.63%	-2.50%	-0.84%
Buyback Yield / Dilution	-0.22%	-0.22%	-0.19%	-0.95%	-18.84%	-6.73%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.