AMSC vs BW vs FCEL Stock Comparison

American Superconductor, Babcock & Wilcox Enterprises and Fuelcell Energy Prices as of Nov 4, 2026 Peers: Industry group
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FCEL Fuelcell Energy Inc
$10.54 -41.7% 1M +42.4% 1Y
Market cap
$628.72M
P/E
–
Revenue (TTM)
$154.14M
Div. yield
–
Fuel Cells Industrials
1 win

Head to Head

10 decided of 12

American Superconductor leads on 5 of the 12 questions below (American Superconductor 5, Babcock & Wilcox Enterprises 4, Fuelcell Energy 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAMSCBWFCELLeader
Larger companyMarket capitalisation $1.13B $441.94M $628.72M AMSC
Cheaper on earningsLower P/E, profitable companies only 8.3x -13.3x -3.5x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 29.2x 26.3x — BW
Faster revenue growthRevenue growth, trailing twelve months +25.9% +42.6% +1.1% BW
More profitableNet margin, trailing twelve months 42.6% -4.0% -115.7% AMSC
Better return on capitalReturn on invested capital — 14.3% -20.5% BW
Less leveragedLower net debt / EBITDA — -2.8x 4.6x BW
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -53.3% -1.6% +42.4% FCEL
Better 5-year returnAnnualised price return, 5 years +8.3%/yr -13.3%/yr -47.7%/yr AMSC
Less volatileAnnualised volatility, 1 year 85.3% 115.4% 130.2% AMSC
Higher overall scoreMean of the five percentile scores vs peers 84/100 49/100 37/100 AMSC

Percentile Scorecard

AMSCBWFCEL

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAMSCBWFCEL
Valuation 86 #10 of 63 58 #27 of 63 34 #42 of 63
Growth 97 #3 of 60 70 #19 of 60 31 #42 of 60
Profitability 82 #11 of 57 71 #17 of 57 30 #40 of 57
Financial Health 78 #17 of 72 41 #43 of 72 82 #14 of 72
Shareholder Returns 81 #7 of 32 7 #30 of 32 10 #29 of 32
Overall 84 49 37
  • AMSC ranked among 72 companies in Clean Energy Equipment
  • BW ranked among 72 companies in Clean Energy Equipment
  • FCEL ranked among 72 companies in Clean Energy Equipment

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAMSCBWFCELSPY
1 month -12.4%-34.8%-41.7% -1.0%
3 months -20.3%-61.3%-50.1% -0.4%
6 months -54.0%-76.3%-17.7% +4.5%
Year to date -8.8%-42.0%+44.2% +12.4%
1 year -53.3%-1.6%+42.4% +13.6%
3 years +238.8%+44.3%-71.9% +76.4%
3 years, per year +50.2%+13.0%-34.5% +20.8%
5 years +48.8%-50.9%-96.1% +63.7%
5 years, per year +8.3%-13.3%-47.7% +10.4%
10 years +268.8%-97.3%-99.0% +267.7%
10 years, per year +13.9%-30.4%-37.0% +13.9%

Risk

MeasureAMSCBWFCELSPY
Volatility, 1Y 85.3%115.4%130.2% 12.8%
Downside volatility, 1Y 97.6%105.4%112.7% 12.7%
Beta vs S&P 500, 1Y 3.313.203.59 1.00
Return / volatility, 1Y -0.63-0.010.33 1.06
Max drawdown, 5Y -82.0%-97.4%-98.9% -25.4%
From 52-week high -55.8%-83.2%-70.7% -1.6%
52-week high $59.42$21.85$36.01 $779.14
52-week low $25.01$3.68$6.00 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAMSCBWFCEL
P/E now vs peer median 9.2xmedian 26.4x -15.8xmedian 26.4x -4.2xmedian 26.4x
P/S now vs peer median 4.0xmedian 2.6x 0.7xmedian 2.6x 5.5xmedian 2.6x
EV/EBITDA now vs peer median 45.9xmedian 19.6x 12.5xmedian 19.6x -1.5xmedian 19.6x
P/FCF now vs peer median 62.0xmedian 29.9x -9.4xmedian 29.9x -8.3xmedian 29.9x
P/B now vs peer median 2.2xmedian 1.8x 9.6xmedian 1.8x 0.9xmedian 1.8x
PEG now vs peer median 0.18median 0.71 -0.64median 0.71 0.04median 0.71

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAMSCBWFCEL
Revenue $320.87M $821.95M $154.14M
Gross profit $91.62M $160.14M -$49.92M
Operating income $15.63M $22.49M -$179.19M
Net income $136.58M -$18.35M -$178.30M
Free cash flow $20.52M -$58.17M -$101.12M
R&D $15.36M – $28.64M
EPS (diluted) $2.90 $-0.21 $-2.53
Cash & equivalents $143.71M $308.63M $658.10M
Total debt – $209.43M $18.80M
Shares (diluted) 47.12M 154.51M 70.41M
Enterprise value $495.57M -$87.09M -$992.48M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAMSCBWFCEL
P/E 9.2x -15.8x -4.2x
P/FCF 62.0x -9.4x -8.3x
P/Operating cash flow 36.3x -15.8x -8.8x
P/S 4.0x 0.7x 5.5x
P/B 2.2x 9.6x 0.9x
P/Tangible book 2.3x 12.5x 0.9x
EV/EBITDA 45.9x 12.5x -1.5x
EV/EBIT 72.2x 20.0x -1.1x
EV/Revenue 3.5x 0.5x 1.3x
EV/FCF 55.0x -7.7x -2.0x
EV/Operating cash flow 32.2x -12.9x -2.1x
PEG (3Y EPS CAGR) 0.18 -0.64 0.04

Growth

14 metrics
MetricAMSCBWFCEL
Revenue growth (1Y) 25.9% 42.6% 1.1%
Revenue CAGR (3Y) 41.4% 3.5% 3.2%
Gross profit growth (1Y) 23.6% 20.7% -62.6%
Gross profit CAGR (3Y) 93.8% -2.8% -27.2%
Operating income growth (1Y) 98.9% 879.4% 12.6%
Operating income CAGR (3Y) 36.3% 17.5% -8.0%
Net income growth (1Y) 793.8% 87.7% 11.6%
Net income CAGR (3Y) 62.4% 17.3% -13.9%
EPS growth (1Y) 653.7% 87.1% 69.5%
EPS CAGR (3Y) 49.9% 24.6% -104.7%
Operating cash flow growth (1Y) 20.8% 72.4% 0.3%
Operating cash flow CAGR (3Y) 56.8% -73.7% 13.4%
Free cash flow growth (1Y) -21.2% 57.3% 18.9%
Free cash flow CAGR (3Y) 44.7% -120.7% 17.8%

Profitability

14 metrics
MetricAMSCBWFCEL
Gross margin 28.6% 19.5% -32.4%
EBITDA margin 7.7% 4.4% -89.9%
Operating margin 4.9% 2.7% -116.3%
Pretax margin 6.4% -8.8% -115.7%
Net margin 42.6% -4.0% -115.7%
FCF margin 6.4% -7.1% -65.6%
Operating cash flow margin 10.9% -4.2% -62.5%
Return on equity 24.2% – -20.8%
Return on assets 18.2% -8.9% -15.4%
Return on invested capital – 14.3% -20.5%
Return on capital employed 2.6% 5.9% -16.9%
Asset turnover 0.4x 0.9x 0.1x
Cash conversion (OCF / net income) 0.3x 1.9x 0.5x
Stock comp / revenue 5.6% 2.0% 6.4%

Financial Health

11 metrics
MetricAMSCBWFCEL
Debt / assets – 21.0% 1.4%
Debt / equity – 3.7x 0.0x
Net debt / EBITDA – -2.8x 4.6x
Debt / FCF – -3.6x -0.2x
Liabilities / assets 24.9% 94.3% 25.0%
Equity / assets 75.1% 5.7% 75.0%
Interest coverage – 0.9x -16.0x
Current ratio 2.4x 1.5x 8.7x
Quick ratio 1.7x 1.1x 7.3x
Cash ratio 1.0x 0.6x 6.8x
Altman Z-score 3.14 -0.96 -0.23

Shareholder Returns

7 metrics
MetricAMSCBWFCEL
Dividend yield – – –
Net buyback yield 0.0% -70.1% -69.7%
Shareholder yield 0.0% -70.1% -69.7%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAMSCBWFCEL
Forward P/E 29.2xFY2026 26.3xFY2026 –
EPS, next fiscal year $0.90FY2026 $0.14FY2026 $-2.70FY2026
EPS growth, next FY -75.0%FY2026 – –
EPS growth, the year after +40.0% +221.4% –
Revenue, next fiscal year $383.43MFY2026 $1.01BFY2026 $153.46MFY2026
Revenue growth, next FY +28.2%FY2026 +71.1%FY2026 -3.0%FY2026
Revenue growth, the year after +15.7% +35.9% +71.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAMSCBWFCEL
Held by institutions 73.7% 88.0% 65.0%
Institutions holding 278 200 228
Change in shares held, QoQ +6.4% +24.0% +67.3%
Institutions buying 173 146 161
Institutions selling 77 41 38
Buyers to sellers 2.25 3.56 4.24

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AMSCBWFCEL
AMSC 1.00 0.40 0.51
BW 0.40 1.00 0.40
FCEL 0.51 0.40 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AMSC, BW and FCEL?

American Superconductor (AMSC) is the largest by market capitalisation: American Superconductor (AMSC) $1.13B, Babcock & Wilcox Enterprises (BW) $441.94M, Fuelcell Energy (FCEL) $628.72M.

Which company is growing faster?

Babcock & Wilcox Enterprises (BW) grew revenue fastest over the trailing twelve months: American Superconductor (AMSC) +25.9%, Babcock & Wilcox Enterprises (BW) +42.6%, Fuelcell Energy (FCEL) +1.1%.

Which company is more profitable?

American Superconductor (AMSC) has the highest net margin (American Superconductor (AMSC) 42.6%, Babcock & Wilcox Enterprises (BW) -4.0%, Fuelcell Energy (FCEL) -115.7%). On return on invested capital, Babcock & Wilcox Enterprises (BW) leads (Babcock & Wilcox Enterprises (BW) 14.3%, Fuelcell Energy (FCEL) -20.5%).

Which stock has performed better?

Over the past year Fuelcell Energy (FCEL) returned the most: American Superconductor (AMSC) -53.3%, Babcock & Wilcox Enterprises (BW) -1.6%, Fuelcell Energy (FCEL) +42.4%. Over five years, American Superconductor (AMSC) compounded fastest (American Superconductor (AMSC) +8.3%/yr, Babcock & Wilcox Enterprises (BW) -13.3%/yr, Fuelcell Energy (FCEL) -47.7%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, American Superconductor (AMSC) has been the steadiest (American Superconductor (AMSC) 85.3%, Babcock & Wilcox Enterprises (BW) 115.4%, Fuelcell Energy (FCEL) 130.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AMSC, BW and FCEL?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, American Superconductor (AMSC) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.