FCEL vs HYSR vs BE Stock Comparison

Fuelcell Energy, Sunhydrogen and Bloom Energy Prices as of Oct 27, 2026 Peers: Industry group
FCEL Fuelcell Energy Inc
$12.18 -26.1% 1M +54.4% 1Y
Market cap
$973.84M
P/E
–
Revenue (TTM)
$154.14M
Div. yield
–
Fuel Cells Industrials
HYSR Sunhydrogen, Inc.
$0.02 0.0% 1M -33.3% 1Y
Market cap
$114.98M
P/E
–
Revenue (TTM)
$1.25K
Div. yield
–
Fuel Cells Industrials
BE Bloom Energy Corp
$218.44 -24.3% 1M +101.3% 1Y
Market cap
$64.56B
P/E
124.2x
Revenue (TTM)
$3.83B
Div. yield
–
Fuel Cells Industrials
9 wins

Head to Head

9 decided of 12

Bloom Energy leads on 9 of the 12 questions below (Bloom Energy 9). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFCELHYSRBELeader
Larger companyMarket capitalisation $973.84M $114.98M $64.56B BE
Cheaper on earningsLower P/E, profitable companies only -4.8x -16.9x 124.2x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — 84.7x –
Faster revenue growthRevenue growth, trailing twelve months +1.1% — +110.6% BE
More profitableNet margin, trailing twelve months -115.7% -522,521.9% 13.5% BE
Better return on capitalReturn on invested capital -20.5% — 31.2% BE
Less leveragedLower net debt / EBITDA 4.6x — -3.9x BE
Higher dividend yieldTrailing dividend yield — — — –
Better 1-year returnPrice return, last 12 months +54.4% -33.3% +101.3% BE
Better 5-year returnAnnualised price return, 5 years -44.3%/yr -13.0%/yr +49.5%/yr BE
Less volatileAnnualised volatility, 1 year 131.3% 141.6% 111.5% BE
Higher overall scoreMean of the five percentile scores vs peers 38/100 45/100 82/100 BE

Percentile Scorecard

FCELHYSRBE

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

AxisFCELHYSRBE
Valuation 37 #39 of 61 35 #40 of 61 48 #32 of 61
Growth 30 #41 of 58 21 #46 of 58 100 #1 of 58
Profitability 33 #37 of 55 6 #52 of 55 93 #5 of 55
Financial Health 81 #14 of 71 97 #3 of 71 89 #9 of 71
Shareholder Returns 7 #28 of 30 66 #11 of 30 79 #7 of 30
Overall 38 45 82
  • FCEL ranked among 71 companies in Clean Energy Equipment
  • HYSR ranked among 71 companies in Clean Energy Equipment
  • BE ranked among 71 companies in Clean Energy Equipment

Price Performance

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

Returns

PeriodFCELHYSRBESPY
1 month -26.1%0.0%-24.3% -0.2%
3 months -38.0%0.0%+30.9% +3.9%
6 months +22.5%0.0%-3.5% +8.2%
Year to date +66.6%-33.3%+151.4% +12.9%
1 year +54.4%-33.3%+101.3% +12.3%
3 years -61.0%+100.0%+2,133.5% +87.4%
3 years, per year -26.9%+26.0%+181.8% +23.3%
5 years -94.6%-50.0%+646.8% +67.9%
5 years, per year -44.3%-13.0%+49.5% +10.9%
10 years -99.1%0.0%— +261.1%
10 years, per year -37.4%0.0%— +13.7%

Risk

MeasureFCELHYSRBESPY
Volatility, 1Y 131.3%141.6%111.5% 12.7%
Downside volatility, 1Y 113.4%620.4%107.7% 12.7%
Beta vs S&P 500, 1Y 3.741.524.52 1.00
Return / volatility, 1Y 0.41-0.240.91 0.97
Max drawdown, 5Y -98.9%-88.9%-75.9% -25.4%
From 52-week high -66.2%-50.0%-36.8% -1.2%
52-week high $36.01$0.04$345.85 $779.14
52-week low $6.00$0.02$76.97 $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.

MultipleFCELHYSRBE
P/E now vs peer median -4.8xmedian 27.2x -16.9xmedian 27.2x 124.2xmedian 27.2x
P/S now vs peer median 6.3xmedian 2.4x 91,987xmedian 2.4x 16.9xmedian 2.4x
EV/EBITDA now vs peer median -2.4xmedian 18.4x -11.0xmedian 18.4x 97.9xmedian 18.4x
P/FCF now vs peer median -9.6xmedian 28.6x -22.7xmedian 28.6x 147.8xmedian 28.6x
P/B now vs peer median 1.0xmedian 1.7x 3.6xmedian 1.7x 32.9xmedian 1.7x
PEG now vs peer median 0.05median 0.79 0.17median 0.79 2.86median 0.79

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 monthsFCELHYSRBE
Revenue $154.14M $1.25K $3.83B
Gross profit -$49.92M – $1.24B
Operating income -$179.19M -$7.52M $567.42M
Net income -$178.30M -$6.53M $522.95M
Free cash flow -$101.12M -$5.07M $436.71M
R&D $28.64M $4.33M $235.76M
EPS (diluted) $-2.53 $0.00 $1.60
Cash & equivalents $658.10M $12.13M $2.49B
Total debt $18.80M – $2.95M
Shares (diluted) 70.41M 5.53B 324.29M
Enterprise value -$639.57M -$19.64M $54.49B

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
MetricFCELHYSRBE
P/E -4.8x -16.9x 124.2x
P/FCF -9.6x -22.7x 147.8x
P/Operating cash flow -10.1x -22.7x 93.4x
P/S 6.3x 91,987x 16.9x
P/B 1.0x 3.6x 32.9x
P/Tangible book 1.0x 3.6x 32.9x
EV/EBITDA -2.4x -11.0x 97.9x
EV/EBIT -1.9x -11.0x 109.4x
EV/Revenue 2.2x 66,339x 16.2x
EV/FCF -3.3x -16.4x 142.1x
EV/Operating cash flow -3.5x -16.4x 89.8x
PEG (3Y EPS CAGR) 0.05 0.17 2.86

Growth

14 metrics
MetricFCELHYSRBE
Revenue growth (1Y) 1.1% – 110.6%
Revenue CAGR (3Y) 3.2% – 38.6%
Gross profit growth (1Y) -62.6% – 118.4%
Gross profit CAGR (3Y) -27.2% – 91.3%
Operating income growth (1Y) 12.6% -29.3% 530.6%
Operating income CAGR (3Y) -8.0% 6.7% 60.9%
Net income growth (1Y) 11.6% 20.6% 3,052%
Net income CAGR (3Y) -13.9% -105.7% 51.0%
EPS growth (1Y) 69.5% 23.7% 2,359%
EPS CAGR (3Y) -104.7% -98.1% 43.5%
Operating cash flow growth (1Y) 0.3% -38.9% 283.7%
Operating cash flow CAGR (3Y) 13.4% -5.9% 49.4%
Free cash flow growth (1Y) 18.9% -38.9% 223.0%
Free cash flow CAGR (3Y) 17.8% -5.6% 39.3%

Profitability

14 metrics
MetricFCELHYSRBE
Gross margin -32.4% – 32.3%
EBITDA margin -89.9% -600,651% 16.6%
Operating margin -116.3% -601,652% 14.8%
Pretax margin -115.7% -502,370% 13.8%
Net margin -115.7% -522,522% 13.5%
FCF margin -65.6% -405,229% 11.4%
Operating cash flow margin -62.5% -405,229% 18.0%
Return on equity -20.8% -19.4% 29.0%
Return on assets -15.4% -18.8% 8.6%
Return on invested capital -20.5% – 31.2%
Return on capital employed -16.9% -23.1% 12.1%
Asset turnover 0.1x 0.0x 0.6x
Cash conversion (OCF / net income) 0.5x 0.8x 1.3x
Stock comp / revenue 6.4% 93,359% 5.2%

Financial Health

11 metrics
MetricFCELHYSRBE
Debt / assets 1.4% – 0.0%
Debt / equity 0.0x – 0.0x
Net debt / EBITDA 4.6x – -3.9x
Debt / FCF -0.2x – 0.0x
Liabilities / assets 25.0% 3.6% 70.1%
Equity / assets 75.0% 96.4% 29.9%
Interest coverage -16.0x – 15.9x
Current ratio 8.7x 37.9x 3.7x
Quick ratio 7.3x 37.6x 2.8x
Cash ratio 6.8x 37.2x 1.8x
Altman Z-score 0.01 54.19 9.23

Shareholder Returns

7 metrics
MetricFCELHYSRBE
Dividend yield – – –
Net buyback yield -60.4% -0.1% -0.1%
Shareholder yield -60.4% -0.1% -0.1%
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.

ConsensusFCELHYSRBE
Forward P/E – – 84.7xFY2026
EPS, next fiscal year $-2.70FY2026 – $2.58FY2026
EPS growth, next FY – – +239.5%FY2026
EPS growth, the year after – – +100.0%
Revenue, next fiscal year $153.46MFY2026 – $4.39BFY2026
Revenue growth, next FY -3.0%FY2026 – +117.4%FY2026
Revenue growth, the year after +71.6% – +61.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFCELHYSRBE
Held by institutions 65.0% – 80.5%
Institutions holding 226 – 1,280
Change in shares held, QoQ +67.3% – -1.9%
Institutions buying 161 – 806
Institutions selling 38 – 384
Buyers to sellers 4.24 – 2.10

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.

FCELHYSRBE
FCEL 1.00 0.00 0.58
HYSR 0.00 1.00 0.04
BE 0.58 0.04 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, FCEL, HYSR and BE?

Bloom Energy (BE) is the largest by market capitalisation: Fuelcell Energy (FCEL) $973.84M, Sunhydrogen (HYSR) $114.98M, Bloom Energy (BE) $64.56B.

Which company is growing faster?

Bloom Energy (BE) grew revenue fastest over the trailing twelve months: Fuelcell Energy (FCEL) +1.1%, Bloom Energy (BE) +110.6%.

Which company is more profitable?

Bloom Energy (BE) has the highest net margin (Fuelcell Energy (FCEL) -115.7%, Sunhydrogen (HYSR) -522,521.9%, Bloom Energy (BE) 13.5%). On return on invested capital, Bloom Energy (BE) leads (Fuelcell Energy (FCEL) -20.5%, Bloom Energy (BE) 31.2%).

Which stock has performed better?

Over the past year Bloom Energy (BE) returned the most: Fuelcell Energy (FCEL) +54.4%, Sunhydrogen (HYSR) -33.3%, Bloom Energy (BE) +101.3%. Over five years, Bloom Energy (BE) compounded fastest (Fuelcell Energy (FCEL) -44.3%/yr, Sunhydrogen (HYSR) -13.0%/yr, Bloom Energy (BE) +49.5%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Bloom Energy (BE) has been the steadiest (Fuelcell Energy (FCEL) 131.3%, Sunhydrogen (HYSR) 141.6%, Bloom Energy (BE) 111.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FCEL, HYSR and BE?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Bloom Energy (BE) leads on 9. 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.