E vs NEWH vs PLUG Stock Comparison

Eni Spa, NewHydrogen and Plug Power Prices as of Oct 23, 2026 Peers: Industry group
E Eni Spa
$62.08 +13.2% 1M +71.5% 1Y
Market cap
$91.59B
P/E
17.6x
Revenue (TTM)
$98.30B
Div. yield
-0.04%
Integrated Oil and Gas Energy
8 wins
NEWH NewHydrogen, Inc.
$0.02 +100.0% 1M -50.0% 1Y
Market cap
$15.56M
P/E
–
Revenue (TTM)
—
Div. yield
–
Hydrogen Energy
PLUG Plug Power Inc
$1.38 -32.4% 1M -52.1% 1Y
Market cap
$1.91B
P/E
–
Revenue (TTM)
$744.09M
Div. yield
–
Hydrogen Energy
1 win

Head to Head

9 decided of 12

Eni Spa leads on 8 of the 12 questions below (Eni Spa 8, Plug Power 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionENEWHPLUGLeader
Larger companyMarket capitalisation $91.59B $15.56M $1.91B E
Cheaper on earningsLower P/E, profitable companies only 17.6x -4.5x -1.2x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 9.3x — — –
Faster revenue growthRevenue growth, trailing twelve months +11.2% — +10.6% E
More profitableNet margin, trailing twelve months 5.3% — -220.6% E
Better return on capitalReturn on invested capital 6.9% — -188.4% E
Less leveragedLower net debt / EBITDA 1.4x — 0.1x PLUG
Higher dividend yieldTrailing dividend yield -0.04% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +71.5% -50.0% -52.1% E
Better 5-year returnAnnualised price return, 5 years +17.1%/yr 0.0%/yr -46.9%/yr E
Less volatileAnnualised volatility, 1 year 27.4% 274.0% 78.1% E
Higher overall scoreMean of the five percentile scores vs peers 50/100 33/100 23/100 E

Percentile Scorecard

ENEWHPLUG

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

AxisENEWHPLUG
Valuation 75 #26 of 99 10 #10 of 11 0 #11 of 11
Growth 64 #36 of 97 10 #10 of 11 70 #4 of 11
Profitability 48 #50 of 96 – 0 #9 of 9
Financial Health 35 #67 of 102 80 #3 of 11 20 #9 of 11
Shareholder Returns 31 #53 of 76 – –
Overall 50 33 23
  • E ranked among 103 companies in Oil and Gas Upstream
  • NEWH ranked among 11 companies in Renewable Fuels
  • PLUG ranked among 11 companies in Renewable Fuels

Price Performance

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

Returns

PeriodENEWHPLUGSPY
1 month +13.2%+100.0%-32.4% -1.0%
3 months +18.4%+100.0%-34.0% +2.9%
6 months +14.7%-50.0%-56.1% +6.4%
Year to date +63.6%0.0%-29.9% +11.4%
1 year +71.5%-50.0%-52.1% +13.1%
3 years +91.6%+100.0%-78.1% +79.4%
3 years, per year +24.2%+26.0%-39.7% +21.5%
5 years +119.8%0.0%-95.8% +67.7%
5 years, per year +17.1%0.0%-46.9% +10.9%
10 years +107.2%-77.8%-14.8% +255.2%
10 years, per year +7.6%-14.0%-1.6% +13.5%

Risk

MeasureENEWHPLUGSPY
Volatility, 1Y 27.4%274.0%78.1% 12.7%
Downside volatility, 1Y 26.4%857.0%70.2% 12.7%
Beta vs S&P 500, 1Y -0.36-0.092.25 1.00
Return / volatility, 1Y 2.61-0.18-0.67 1.03
Max drawdown, 5Y -37.1%-83.3%-98.4% -25.4%
From 52-week high 0.0%-50.0%-66.7% -2.5%
52-week high $62.08$0.04$4.14 $779.14
52-week low $36.20$0.01$1.37 $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.

MultipleENEWHPLUG
P/E now vs peer median 18.1xmedian 13.1x -4.5xmedian 10.9x -1.2xmedian 10.9x
P/S now vs peer median 1.0xmedian 2.0x —median 1.2x 2.6xmedian 1.2x
EV/EBITDA now vs peer median 7.8xmedian 5.7x -4.5xmedian 14.0x -1.4xmedian 14.0x
P/FCF now vs peer median 6.4xmedian 11.1x -6.6xmedian 14.1x -3.4xmedian 14.1x
P/B now vs peer median 1.5xmedian 1.5x -6.2xmedian 1.1x 3.3xmedian 1.1x
PEG now vs peer median 1.50median 2.24 -0.17median 0.19 -0.21median 0.19

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 monthsENEWHPLUG
Revenue $98.30B – $744.09M
Gross profit – – -$138.00M
Operating income $6.83B -$3.49M -$1.29B
Net income $6.59B -$3.49M -$1.71B
Free cash flow $15.30B -$2.45M -$560.50M
R&D – $1.04M $53.94M
EPS (diluted) $3.36 $0.00 $-1.18
Cash & equivalents $9.55B $739.53K $161.90M
Total debt $139.18B – $65.78M
Shares (diluted) 1.54B 789.92M 1.39B
Enterprise value $36.15B $11.36M $986.42M

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
MetricENEWHPLUG
P/E 18.1x -4.5x -1.2x
P/FCF 6.4x -6.6x -3.4x
P/Operating cash flow 6.4x -6.6x -4.0x
P/S 1.0x – 2.6x
P/B 1.5x -6.2x 3.3x
P/Tangible book 1.5x -6.1x 3.4x
EV/EBITDA 7.8x -4.5x -1.4x
EV/EBIT 17.3x -4.5x -1.4x
EV/Revenue 1.2x – 2.4x
EV/FCF 7.7x -6.3x -3.2x
EV/Operating cash flow 7.7x -6.3x -3.7x
PEG (3Y EPS CAGR) 1.50 -0.17 -0.21

Growth

14 metrics
MetricENEWHPLUG
Revenue growth (1Y) 11.2% – 10.6%
Revenue CAGR (3Y) -6.8% – -5.4%
Gross profit growth (1Y) – – 70.1%
Gross profit CAGR (3Y) – – 20.4%
Operating income growth (1Y) 204.9% -73.9% 31.3%
Operating income CAGR (3Y) -14.3% 24.5% -15.4%
Net income growth (1Y) 135.7% -74.3% 13.3%
Net income CAGR (3Y) -11.6% 24.5% -26.9%
EPS growth (1Y) 6.3% -55.7% 32.5%
EPS CAGR (3Y) 12.0% 27.3% 5.5%
Operating cash flow growth (1Y) 12.1% -39.7% 20.0%
Operating cash flow CAGR (3Y) -5.9% -21.4% 22.8%
Free cash flow growth (1Y) 12.1% -39.7% 31.6%
Free cash flow CAGR (3Y) -18.6% -21.4% 30.6%

Profitability

14 metrics
MetricENEWHPLUG
Gross margin – – -18.5%
EBITDA margin 15.4% – -168.2%
Operating margin 6.9% – -172.8%
Pretax margin 8.0% – -229.0%
Net margin 5.3% – -220.6%
FCF margin 15.6% – -75.3%
Operating cash flow margin 15.6% – -64.9%
Return on equity 10.4% – -251.3%
Return on assets 3.9% -439.4% -75.0%
Return on invested capital 6.9% – -188.4%
Return on capital employed 5.3% -443.1% -72.0%
Asset turnover 0.6x – 0.3x
Cash conversion (OCF / net income) 2.3x 0.7x 0.3x
Stock comp / revenue – – 7.2%

Financial Health

11 metrics
MetricENEWHPLUG
Debt / assets 21.5% – 0.0%
Debt / equity 0.6x – 0.0x
Net debt / EBITDA 1.4x – 0.1x
Debt / FCF 2.4x – 0.0x
Liabilities / assets 61.3% 426.6% 73.2%
Equity / assets 38.7% -326.6% 26.8%
Interest coverage 1.5x – -17.9x
Current ratio 1.2x 123.3x 2.3x
Quick ratio 0.7x 114.7x 0.8x
Cash ratio 0.4x 114.7x 0.3x
Altman Z-score 1.67 – -6.07

Shareholder Returns

7 metrics
MetricENEWHPLUG
Dividend yield 3.9% – –
Net buyback yield -2.5% – -2.5%
Shareholder yield 1.4% – -2.5%
Payout ratio (earnings) 55.0% – –
Payout ratio (FCF) 23.7% – –
Dividend growth (1Y) -7.7% – –
Dividend CAGR (3Y) -4.9% – –

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.

ConsensusENEWHPLUG
Forward P/E 9.3xFY2026 – –
EPS, next fiscal year $6.67FY2026 – $-0.41FY2026
EPS growth, next FY +75.1%FY2026 – –
EPS growth, the year after -4.5% – –
Revenue, next fiscal year $106.75BFY2026 – $799.33MFY2026
Revenue growth, next FY +10.1%FY2026 – +12.6%FY2026
Revenue growth, the year after -8.7% – +28.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersENEWHPLUG
Held by institutions 1.6% – 58.3%
Institutions holding 343 – 508
Change in shares held, QoQ +2.3% – +8.0%
Institutions buying 196 – 276
Institutions selling 92 – 105
Buyers to sellers 2.13 – 2.63

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.

ENEWHPLUG
E 1.00 0.08 0.05
NEWH 0.08 1.00 0.05
PLUG 0.05 0.05 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, E, NEWH and PLUG?

Eni Spa (E) is the largest by market capitalisation: Eni Spa (E) $91.59B, NewHydrogen (NEWH) $15.56M, Plug Power (PLUG) $1.91B.

Which company is growing faster?

Eni Spa (E) grew revenue fastest over the trailing twelve months: Eni Spa (E) +11.2%, Plug Power (PLUG) +10.6%.

Which company is more profitable?

Eni Spa (E) has the highest net margin (Eni Spa (E) 5.3%, Plug Power (PLUG) -220.6%). On return on invested capital, Eni Spa (E) leads (Eni Spa (E) 6.9%, Plug Power (PLUG) -188.4%).

Which stock has performed better?

Over the past year Eni Spa (E) returned the most: Eni Spa (E) +71.5%, NewHydrogen (NEWH) -50.0%, Plug Power (PLUG) -52.1%. Over five years, Eni Spa (E) compounded fastest (Eni Spa (E) +17.1%/yr, NewHydrogen (NEWH) 0.0%/yr, Plug Power (PLUG) -46.9%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Eni Spa (E) has been the steadiest (Eni Spa (E) 27.4%, NewHydrogen (NEWH) 274.0%, Plug Power (PLUG) 78.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, E, NEWH and PLUG?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Eni Spa (E) leads on 8. 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.