FuelCell Energy, Inc.

FuelCell Energy, Inc.

FCELยทNASDAQ

$21.81

-11%
IndustrialsElectrical Equipment & Parts

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.

At a Glance

Live Snapshot
Market Cap$1.16B
EPS-7.4200
P/E Ratio-2.94
Earnings Date06/05/2026
FuelCell Energy, Inc.

FuelCell Energy, Inc. Fair Value Envelope

FCEL ยท NASDAQ

Our analysis suggests that FCEL has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $21.81, this represents a potential HIDDEN relative to our calculated worth for FuelCell Energy, Inc..

Intrinsic Value
Current Price: $21.81

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value-$4.2B
+ Cash & Equivalents$278.1M
Firm Value-$3.9B
- Debt$144.0M
Equity Value-$4.1B
/ Shares Outstanding21,444,725B
DCF Value-$191
OVERVALUED BY 974%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
-$163.4M
-$213.1M
-$277.9M
-$362.5M
-$472.7M
-$616.5M
-$804.1M
-$1.0B
-$1.4B
-$1.8B
Maintenance CapEx
-$5.9M
-$7.7M
-$10.0M
-$13.0M
-$17.0M
-$22.2M
-$28.9M
-$37.7M
-$49.2M
-$64.2M
Owner Earnings
-$169.3M
-$220.8M
-$287.9M
-$375.5M
-$489.8M
-$638.7M
-$833.0M
-$1.1B
-$1.4B
-$1.8B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$156.7M
-$189.3M
-$228.6M
-$276.0M
-$333.3M
-$402.5M
-$486.1M
-$587.0M
-$708.8M
-$855.9M
Terminal Value represents 0.0% of Enterprise Value
Negative Owner Earnings
This company generates negative free cash flow. Consider adjusting maintenance CapEx percentage or check the financial data.