Market cap
$1,195 Mln
Revenue (TTM)
$154 Mln
P/E Ratio
--
P/B Ratio
1.2
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 16.57 | -4.86 | 29.71 | 2.10 | 21.06 |
| EBIT | -233.49 | -121.20 | -61.27 | -45.00 | -187.32 |
| Net Profit | -280.61 | -103.15 | -60.90 | -36.82 | -174.05 |
| EPS | -- | -- | -- | -- | -- |
| Book Value | -- | -- | -- | -- | -- |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Oct-25 | Oct-24 |
| EBIT-Margin
| -108.91 | -113.73 | -110.29 | -114.35 | -131.15 |
| Net Margin
| -- | -174.14 | -113.94 | -- | -- |
| Return on equity
| -19.29 | -19.74 | -19.94 | -26.12 | -17.27 |
| Return on Capital
| -16.13 | -16.41 | -- | -21.61 | -14.36 |
| Return on Assets
| -14.88 | -14.96 | -15.23 | -20.03 | -13.27 |
| Debt to Equity (x)
| -- | -- | 0.15 | 0.20 | 0.22 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Oct-25
|
Oct-24
|
Oct-23
|
Oct-22
|
|---|---|---|---|---|---|
|
FuelCell Energy (FCEL)
|
--
|
-21.61
|
-14.36
|
-12.43
|
-17.31
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
-19.94
Lower than Peers by 13.87
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Oct-25
|
Oct-24
|
Oct-23
|
Oct-22
|
|---|---|---|---|---|---|
|
FuelCell Energy (FCEL)
|
-19.94
|
-26.12
|
-17.27
|
-14.47
|
-19.73
|
|
Peer Median
|
-6.06
|
--
|
--
|
--
|
--
|
ROA
-15.23
Lower than Peers by 11.23
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Oct-25
|
Oct-24
|
Oct-23
|
Oct-22
|
|---|---|---|---|---|---|
|
FuelCell Energy (FCEL)
|
-15.23
|
-20.03
|
-13.27
|
-11.35
|
-15.73
|
|
Peer Median
|
-4.00
|
--
|
--
|
--
|
--
|
EBIT Margin
-110.29
Lower than Peers by 95.54
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Oct-25
|
Oct-24
|
Oct-23
|
Oct-22
|
|---|---|---|---|---|---|
|
FuelCell Energy (FCEL)
|
-110.29
|
-114.35
|
-131.15
|
-81.23
|
-107.31
|
|
Peer Median
|
-14.75
|
--
|
--
|
--
|
--
|
Net Margin
-113.94
Lower than Peers by 93.19
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Oct-25
|
Oct-24
|
Oct-23
|
Oct-22
|
|---|---|---|---|---|---|
|
FuelCell Energy (FCEL)
|
-113.94
|
-118.80
|
-112.38
|
-87.17
|
-106.36
|
|
Peer Median
|
-20.75
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Oct-25
|
Oct-24
|
Oct-23
|
Oct-22
|
|---|---|---|---|---|---|
|
FuelCell Energy (FCEL)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
1.09
Lower than Peers by 0.76
Year on year growth in net sales
|
Company Name
|
TTM
|
Oct-25
|
Oct-24
|
Oct-23
|
Oct-22
|
|---|---|---|---|---|---|
|
FuelCell Energy (FCEL)
|
1.09
|
0.41
|
-0.09
|
-0.05
|
0.88
|
|
Peer Median
|
1.85
|
--
|
--
|
--
|
--
|
EBIT Growth
11.11
Higher than Peers by 16.23
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Oct-25
|
Oct-24
|
Oct-23
|
Oct-22
|
|---|---|---|---|---|---|
|
FuelCell Energy (FCEL)
|
11.11
|
-22.98
|
-46.73
|
28.42
|
-49.50
|
|
Peer Median
|
-5.11
|
--
|
--
|
--
|
--
|
Net Profit Growth
-60.90
Lower than Peers by 36.80
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Oct-25
|
Oct-24
|
Oct-23
|
Oct-22
|
|---|---|---|---|---|---|
|
FuelCell Energy (FCEL)
|
-60.90
|
-49.12
|
-17.14
|
24.63
|
-41.27
|
|
Peer Median
|
-24.10
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.15
Lower than Peers by 0.37
Total debt / Net worth
|
Company Name
|
TTM
|
Oct-25
|
Oct-24
|
Oct-23
|
Oct-22
|
|---|---|---|---|---|---|
|
FuelCell Energy (FCEL)
|
0.15
|
0.20
|
0.22
|
0.19
|
0.14
|
|
Peer Median
|
0.52
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.02
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Oct-25
|
Oct-24
|
Oct-23
|
Oct-22
|
|---|---|---|---|---|---|
|
FuelCell Energy (FCEL)
|
0.02
|
0.02
|
0.02
|
0.01
|
0.02
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
8.67
Higher than Peers by 6.43
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Oct-25
|
Oct-24
|
Oct-23
|
Oct-22
|
|---|---|---|---|---|---|
|
FuelCell Energy (FCEL)
|
8.67
|
6.63
|
6.01
|
7.23
|
6.76
|
|
Peer Median
|
2.24
|
--
|
--
|
--
|
--
|
Quick Ratio
7.77
Higher than Peers by 5.98
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Oct-25
|
Oct-24
|
Oct-23
|
Oct-22
|
|---|---|---|---|---|---|
|
FuelCell Energy (FCEL)
|
7.77
|
5.36
|
4.48
|
5.95
|
5.70
|
|
Peer Median
|
1.79
|
--
|
--
|
--
|
--
|
Interest Coverage
-14.93
Lower than Peers by 14.39
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Oct-25
|
Oct-24
|
Oct-23
|
Oct-22
|
|---|---|---|---|---|---|
|
FuelCell Energy (FCEL)
|
-14.93
|
-17.43
|
-15.18
|
-13.83
|
-21.90
|
|
Peer Median
|
-0.54
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
30.39
Higher than Peers by 3.63
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Oct-25
|
Oct-24
|
Oct-23
|
Oct-22
|
|---|---|---|---|---|---|
|
FuelCell Energy (FCEL)
|
30.39
|
33.51
|
43.34
|
16.29
|
12.19
|
|
Peer Median
|
26.76
|
--
|
--
|
--
|
--
|
Asset Turnover
0.13
Lower than Peers by 0.13
Sales / Average Total Assets
|
Company Name
|
TTM
|
Oct-25
|
Oct-24
|
Oct-23
|
Oct-22
|
|---|---|---|---|---|---|
|
FuelCell Energy (FCEL)
|
0.13
|
0.17
|
0.12
|
0.13
|
0.14
|
|
Peer Median
|
0.27
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Oct-25
|
Oct-24
|
Oct-23
|
Oct-22
|
|---|---|---|---|---|---|
|
FuelCell Energy (FCEL)
|
--
|
117.32
|
111.90
|
53.29
|
55.37
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Oct-25
|
Oct-24
|
Oct-23
|
Oct-22
|
|---|---|---|---|---|---|
|
FuelCell Energy (FCEL)
|
--
|
197.79
|
244.44
|
239.13
|
180.26
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Oct-25
|
Oct-24
|
Oct-23
|
Oct-22
|
|---|---|---|---|---|---|
|
FuelCell Energy (FCEL)
|
--
|
39.18
|
60.57
|
74.61
|
54.15
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Oct-25
|
Oct-24
|
Oct-23
|
Oct-22
|
|---|---|---|---|---|---|
|
FuelCell Energy (FCEL)
|
--
|
275.94
|
295.77
|
217.81
|
181.47
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Book Value
1.18
Lower than Peers by 0.98
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Oct-25
|
Oct-24
|
Oct-23
|
Oct-22
|
|---|---|---|---|---|---|
|
FuelCell Energy (FCEL)
|
1.18
|
--
|
--
|
--
|
--
|
|
Peer Median
|
2.16
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Oct-25
|
Oct-24
|
Oct-23
|
Oct-22
|
|---|---|---|---|---|---|
|
FuelCell Energy (FCEL)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
3,082.73
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Oct-25
|
Oct-24
|
Oct-23
|
Oct-22
|
|---|---|---|---|---|---|
|
FuelCell Energy (FCEL)
|
3,082.73
|
0.96
|
0.91
|
2.87
|
2.98
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
1,195
Higher than Peers by 985
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Oct-25
|
Oct-24
|
Oct-23
|
Oct-22
|
|---|---|---|---|---|---|
|
FuelCell Energy (FCEL)
|
1,195
|
--
|
--
|
--
|
--
|
|
Peer Median
|
210
|
--
|
--
|
--
|
--
|