Latest Ratios: P/E Ratio -1.0x · EV/EBITDA N/A · ROE -10.4%. (2018–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2M | $4M | $364M | $574M | $2.1B | $3.8B | $1.7B | — | — |
| Enterprise Value | $4M | $6M | $366M | $585M | $2.1B | $3.8B | $1.7B | — | — |
| P/E Ratio → | -0.96 | — | — | — | — | 161.90 | — | — | — |
| P/S Ratio | 0.15 | 0.32 | 226.78 | 138.57 | — | — | — | — | — |
| P/B Ratio | 0.08 | 0.22 | 34.02 | 210.27 | 70.42 | 77.05 | 234.05 | — | — |
| P/FCF | — | — | — | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.44 | 228.03 | 141.29 | — | — | — | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 27.9% | 27.9% | 27.2% | -384.7% | — | — | — | — | — |
| Operating Margin | -64.2% | -64.2% | -1070.5% | -894.4% | — | — | — | — | — |
| Net Profit Margin | -11.8% | -11.8% | -858.9% | -748.5% | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| ROE | -10.4% | -10.4% | -205.3% | -193.3% | -69.4% | 82.9% | -4973.0% | -0.0% | 1.5% |
| ROA | -5.1% | -5.1% | -39.1% | -57.6% | -40.6% | 35.8% | -586.6% | -0.0% | 1.5% |
| ROIC | -38.3% | -38.3% | -96.5% | -119.8% | -69.4% | — | — | -0.0% | — |
| ROCE | -45.6% | -45.6% | -92.6% | -119.7% | -77.3% | -23.9% | -130.0% | -0.0% | -0.8% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.11 | 0.11 | 0.21 | 4.43 | 0.28 | 0.02 | — | 14.00 | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | 0.08 | 0.19 | 4.12 | 0.11 | -0.14 | -7.88 | 14.00 | -0.00 |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — | — | — |
| Interest Coverage | -385.60 | -385.60 | -24.02 | -55.21 | -506.87 | -297.87 | -478.80 | — | — |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.53 | 0.53 | 0.54 | 0.56 | 1.52 | 2.45 | 1.09 | 0.13 | 50.68 |
| Quick Ratio | 0.51 | 0.51 | 0.45 | 0.38 | 0.64 | 2.26 | 1.09 | 0.13 | 50.68 |
| Cash Ratio | 0.05 | 0.05 | 0.02 | 0.04 | 0.21 | 1.82 | 1.05 | — | 11.66 |
| Asset Turnover | — | 0.38 | 0.06 | 0.10 | — | — | — | — | — |
| Inventory Turnover | 58.37 | 58.37 | 1.03 | 5.47 | 0.39 | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | 0.6% | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Shares Outstanding | — | $1M | $18M | $15M | $13M | $13M | $3M | $6M | $2M |
Includes 30+ ratios · 8 years · Updated daily
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
High-probability breakout stocks crossing their pivot across 5 pattern engines.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying HTOO stock.
Fusion Fuel Green PLC's current P/E ratio is -1.0x. The historical average is 161.9x.
Fusion Fuel Green PLC's return on equity (ROE) is -10.4%. The historical average is -56.3%.
Based on historical data, Fusion Fuel Green PLC is trading at a P/E of -1.0x. Compare with industry peers and growth rates for a complete picture.
Fusion Fuel Green PLC has 27.9% gross margin and -64.2% operating margin.
Key Metrics
Top Statement Risk
Critical liquidity and solvency
Distressed Valuation Reflects Execution Risk
As reported in financial statements, HTOO trades at a price-to-book ratio of 0.15, which, according to market data, suggests that investors are heavily discounting the company's asset base due to persistent operational losses and the absence of a clear path to positive earnings power.
The lack of a positive P/E ratio underscores the market's view of HTOO as a speculative venture rather than a traditional utility. Investors should monitor whether the current valuation reflects a permanent impairment of the HEVO-Solar technology or merely a temporary lack of commercial scale.
Capital Structure Strained by Losses
Based on the company's reported figures, the debt-to-capital ratio reached 0.82 in 2023Q4, indicating that the firm's reliance on external financing has increased significantly as equity reserves have been eroded by continuous operational deficits and the high cost of project-based development.
The elevated leverage ratio appears to limit the company's financial flexibility, particularly given the absence of stable interest coverage. This suggests that future capital requirements may necessitate highly dilutive equity issuances rather than traditional debt financing.
Valuation Discount Relative to Peers
According to recent financial data, HTOO's P/B ratio of 0.15 sits well below the multiples observed for hydrogen technology peers like Plug Power, which may indicate that the market perceives higher execution risk or lower asset quality in HTOO's integrated solar-to-hydrogen model.
While peers also struggle with profitability, the extreme discount on HTOO's book value suggests that the market is skeptical of the company's ability to convert its proprietary technology into a sustainable, cash-generative business. This warrants further investigation into whether the company's assets are truly recoverable at their stated carrying values.
Misapplication of Standard Utility Metrics
As indicated by the company's financial profile, the most commonly misapplied metric is the P/E ratio, which is fundamentally inappropriate for a pre-revenue or loss-making technology firm that lacks the stable, regulated cash flows characteristic of traditional electric or water utilities.
Applying utility-style valuation multiples to HTOO obscures the reality that the company is a high-burn technology developer rather than a rate-regulated entity. Analysts should instead focus on cash-burn rates and project-milestone conversion metrics to assess the company's viability, as standard utility ratios provide no insight into its unique operational risks.