Plug Power Inc. (PLUG) is a publicly traded company in the Industrials — Electrical Equipment & Parts industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Plug Power Inc. specializes in providing comprehensive clean hydrogen and zero-emission fuel cell solutions. These innovative offerings cater to various sectors, including supply chain and logistics, on-road electric vehicles, and stationary power generation, with operations spanning North America and international markets.
Is Plug Power Inc. stock overvalued or undervalued in 2026?
As of October 29, 2026, Plug Power Inc. (PLUG) trades at $1.42 with no positive earnings over the last twelve months, according to Kaplio. No valuation verdict: it has no earnings to calculate a P/E from.
Kaplio overview: Plug Power Inc.
Market cap $2B · 52 weeks $1 – $4 (67 % below the high) · P/E no earnings · Dividend none · Next earnings November 9, 2026 · expected EPS $-0.06 · Closing price, Oct 29 · accounts published Aug 10.
- Valuation: P/Sales 1.5× (no earnings).
- Business: ROIC −30 % (weak).
- Balance sheet: Net cash/EBITDA 0.3× (solid).
- Earnings: 0 of 8 (disappointing).
What would it be worth at its usual multiples?
No valuation verdict: it has no earnings to calculate a P/E from.
What matters in industrials: 2 of 6 pass
- Operating margin −95.7 %, fails.
- ROIC −29.6 %, fails.
- Capex / Revenue 17.7 %, fails.
- Altman Z-Score −3.8, fails.
- Net debt / EBITDA −0.3×, passes.
- Piotroski F-Score 5 de 9, passes.
Against its peers (reference peers) — Plug Power Inc.: P/E —; EV/EBITDA —; ROIC -29.6 %; $2.0B. Bloom Energy Corporation (P/E 136×; EV/EBITDA 110×; ROIC 10.7 %; $65.7B), Versigent PLC (P/E 5.8×; EV/EBITDA 5.0×; ROIC 23.1 %; $3.0B), Hayward Holdings, Inc. (P/E 21.0×; EV/EBITDA 12.7×; ROIC 7.5 %; $3.3B).
Profitability
| Return on Equity | -176.19% |
| Return on Invested Capital | -29.58% |
| Return on Assets | -74.86% |
| Gross Margin | -18.55% |
| Operating Margin | -70.15% |
| Net Margin | -220.59% |
Financial Health
| Debt / Equity | 1.41 |
| Current Ratio | 2.32 |
| Piotroski F-Score | 5 |
| Altman Z-Score | -3.80 |
Price Performance
| 1 month | -28.87% |
| 3 months | -33.01% |
| Year-to-date | -29.95% |
| 1 year | -47.92% |
| 3 years | -76.57% |
| 5 years | -96.39% |
| 10 years | -9.80% |
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Explore sector: Industrials · Electrical Equipment & Parts
More sections of PLUG: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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