HYSR vs BLDP Stock Comparison

Sunhydrogen and Ballard Power Systems Prices as of Oct 27, 2026 Peers: Industry group
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
2 wins

Head to Head

6 decided of 12

Ballard Power Systems leads on 4 of the 12 questions below (Ballard Power Systems 4, Sunhydrogen 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHYSRBLDPLeader
Larger companyMarket capitalisation $114.98M $466.22M BLDP
Cheaper on earningsLower P/E, profitable companies only -16.9x -5.8x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — –
Faster revenue growthRevenue growth, trailing twelve months — +46.4% –
More profitableNet margin, trailing twelve months -522,521.9% -75.7% BLDP
Better return on capitalReturn on invested capital — — –
Less leveragedLower net debt / EBITDA — — –
Higher dividend yieldTrailing dividend yield — — –
Better 1-year returnPrice return, last 12 months -33.3% -54.5% HYSR
Better 5-year returnAnnualised price return, 5 years -13.0%/yr -38.6%/yr HYSR
Less volatileAnnualised volatility, 1 year 141.6% 73.4% BLDP
Higher overall scoreMean of the five percentile scores vs peers 45/100 68/100 BLDP

Percentile Scorecard

HYSRBLDP

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

AxisHYSRBLDP
Valuation 35 #40 of 61 60 #25 of 61
Growth 21 #46 of 58 83 #11 of 58
Profitability 6 #52 of 55 48 #29 of 55
Financial Health 97 #3 of 71 80 #15 of 71
Shareholder Returns 66 #11 of 30 –
Overall 45 68
  • HYSR ranked among 71 companies in Clean Energy Equipment
  • BLDP 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

PeriodHYSRBLDPSPY
1 month 0.0%-27.2% -0.2%
3 months 0.0%-42.2% +3.9%
6 months 0.0%-50.0% +8.2%
Year to date -33.3%-39.0% +12.9%
1 year -33.3%-54.5% +12.3%
3 years +100.0%-50.9% +87.4%
3 years, per year +26.0%-21.1% +23.3%
5 years -50.0%-91.2% +67.9%
5 years, per year -13.0%-38.6% +10.9%
10 years 0.0%-25.8% +261.1%
10 years, per year 0.0%-2.9% +13.7%

Risk

MeasureHYSRBLDPSPY
Volatility, 1Y 141.6%73.4% 12.7%
Downside volatility, 1Y 620.4%68.9% 12.7%
Beta vs S&P 500, 1Y 1.522.78 1.00
Return / volatility, 1Y -0.24-0.74 0.97
Max drawdown, 5Y -88.9%-94.7% -25.4%
From 52-week high -50.0%-75.7% -1.2%
52-week high $0.04$6.38 $779.14
52-week low $0.02$1.43 $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.

MultipleHYSRBLDP
P/E now vs peer median -16.9xmedian 27.2x -5.8xmedian 27.2x
P/S now vs peer median 91,987xmedian 2.4x 4.4xmedian 2.4x
EV/EBITDA now vs peer median -11.0xmedian 18.4x 3.3xmedian 18.4x
P/FCF now vs peer median -22.7xmedian 28.6x -8.9xmedian 28.6x
P/B now vs peer median 3.6xmedian 1.7x 0.8xmedian 1.7x
PEG now vs peer median 0.17median 0.79 -0.36median 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 monthsHYSRBLDP
Revenue $1.25K $106.16M
Gross profit – $17.41M
Operating income -$7.52M -$31.41M
Net income -$6.53M -$77.27M
Free cash flow -$5.07M -$52.66M
R&D $4.33M $42.19M
EPS (diluted) $0.00 $-0.52
Cash & equivalents $12.13M $502.10M
Shares (diluted) 5.53B 155.19M
Enterprise value -$19.64M -$1.62B

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
MetricHYSRBLDP
P/E -16.9x -5.8x
P/FCF -22.7x -8.9x
P/Operating cash flow -22.7x -11.8x
P/S 91,987x 4.4x
P/B 3.6x 0.8x
P/Tangible book 3.6x 0.8x
EV/EBITDA -11.0x 3.3x
EV/EBIT -11.0x 1.2x
EV/Revenue 66,339x -0.4x
EV/FCF -16.4x 0.7x
EV/Operating cash flow -16.4x 1.0x
PEG (3Y EPS CAGR) 0.17 -0.36

Growth

14 metrics
MetricHYSRBLDP
Revenue growth (1Y) – 46.4%
Revenue CAGR (3Y) – 15.8%
Gross profit growth (1Y) – 272.0%
Gross profit CAGR (3Y) – 48.9%
Operating income growth (1Y) -29.3% 81.6%
Operating income CAGR (3Y) 6.7% 39.2%
Net income growth (1Y) 20.6% 74.0%
Net income CAGR (3Y) -105.7% 18.2%
EPS growth (1Y) 23.7% 73.0%
EPS CAGR (3Y) -98.1% 16.3%
Operating cash flow growth (1Y) -38.9% -107.5%
Operating cash flow CAGR (3Y) -5.9% 13.1%
Free cash flow growth (1Y) -38.9% -110.5%
Free cash flow CAGR (3Y) -5.6% 13.0%

Profitability

14 metrics
MetricHYSRBLDP
Gross margin – 16.4%
EBITDA margin -600,651% -11.0%
Operating margin -601,652% -29.6%
Pretax margin -502,370% -11.8%
Net margin -522,522% -75.7%
FCF margin -405,229% -49.6%
Operating cash flow margin -405,229% -37.3%
Return on equity -19.4% -14.0%
Return on assets -18.8% -12.2%
Return on invested capital – –
Return on capital employed -23.1% -5.2%
Asset turnover 0.0x 0.2x
Cash conversion (OCF / net income) 0.8x 0.5x
Stock comp / revenue 93,359% 18.7%

Financial Health

11 metrics
MetricHYSRBLDP
Debt / assets – –
Debt / equity – –
Net debt / EBITDA – –
Debt / FCF – –
Liabilities / assets 3.6% 13.1%
Equity / assets 96.4% 86.9%
Interest coverage – -36.4x
Current ratio 37.9x 11.2x
Quick ratio 37.6x 10.3x
Cash ratio 37.2x 9.9x
Altman Z-score 54.19 -0.45

Shareholder Returns

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

ConsensusHYSRBLDP
EPS, next fiscal year – $-0.18FY2026
Revenue, next fiscal year – $115.35MFY2026
Revenue growth, next FY – +17.0%FY2026
Revenue growth, the year after – +40.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHYSRBLDP
Held by institutions – 34.7%
Institutions holding – 170
Change in shares held, QoQ – +16.3%
Institutions buying – 101
Institutions selling – 40
Buyers to sellers – 2.53

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.

HYSRBLDP
HYSR 1.00 0.07
BLDP 0.07 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, HYSR and BLDP?

Ballard Power Systems (BLDP) is the largest by market capitalisation: Sunhydrogen (HYSR) $114.98M, Ballard Power Systems (BLDP) $466.22M.

Which company is more profitable?

Ballard Power Systems (BLDP) has the highest net margin (Sunhydrogen (HYSR) -522,521.9%, Ballard Power Systems (BLDP) -75.7%).

Which stock has performed better?

Over the past year Sunhydrogen (HYSR) returned the most: Sunhydrogen (HYSR) -33.3%, Ballard Power Systems (BLDP) -54.5%. Over five years, Sunhydrogen (HYSR) compounded fastest (Sunhydrogen (HYSR) -13.0%/yr, Ballard Power Systems (BLDP) -38.6%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Ballard Power Systems (BLDP) has been the steadiest (Sunhydrogen (HYSR) 141.6%, Ballard Power Systems (BLDP) 73.4%). Volatility measures how widely the price swings, not the risk of the business.

Do HYSR and BLDP move together?

Their daily returns over the past year have a correlation of 0.07, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, HYSR and BLDP?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Ballard Power Systems (BLDP) leads on 4. 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.