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Ballard Power Systems Inc. (BLDP.TO)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN

CA0585861085

CUSIP

058586108

Highlights

Market Cap

CA$521.71M

EPS (TTM)

-CA$1.49

Total Revenue (TTM)

CA$70.67M

Gross Profit (TTM)

-CA$20.18M

EBITDA (TTM)

-CA$227.36M

Year Range

CA$1.44 - CA$4.54

Target Price

CA$1.42

Short %

1.84%

Short Ratio

11.33

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of CA$10,000 in Ballard Power Systems Inc., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%500.00%1,000.00%December2025FebruaryMarchAprilMay
-27.61%
1,236.53%
BLDP.TO (Ballard Power Systems Inc.)
Benchmark (^GSPC)

Returns By Period

Ballard Power Systems Inc. (BLDP.TO) returned -21.76% year-to-date (YTD) and -55.58% over the past 12 months. Over the past 10 years, BLDP.TO returned -3.18% annually, underperforming the S&P 500 benchmark at 10.45%.


BLDP.TO

YTD

-21.76%

1M

14.02%

6M

-1.06%

1Y

-55.58%

5Y*

-33.07%

10Y*

-3.18%

^GSPC (Benchmark)

YTD

-3.77%

1M

3.72%

6M

-5.60%

1Y

8.55%

5Y*

14.11%

10Y*

10.45%

*Annualized

Monthly Returns

The table below presents the monthly returns of BLDP.TO, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025-16.74%-12.06%-9.14%5.66%11.31%-21.76%
2024-10.39%-2.27%-12.33%-3.98%16.02%-26.43%1.29%-20.45%-2.41%-9.05%-6.33%15.46%-51.32%
202334.41%-10.45%-3.33%-20.56%-5.01%1.93%8.10%-9.25%-12.13%-7.40%4.32%1.66%-24.23%
2022-16.55%9.35%0.34%-26.67%-14.15%-11.24%26.45%-0.29%-17.46%-8.75%6.35%-21.07%-59.22%
202146.84%-18.59%-13.90%-12.43%-21.72%7.00%-10.14%5.25%-16.37%26.15%-13.29%-18.30%-46.64%
202040.41%-7.44%-11.53%32.61%4.03%41.92%-8.90%13.77%-7.07%-2.34%36.18%11.29%220.91%
201939.33%3.28%-14.19%8.89%17.69%3.08%-0.75%12.99%7.83%11.75%22.68%4.62%182.93%
2018-17.99%5.70%-4.77%-8.28%-8.08%-2.33%4.50%17.97%18.88%-11.55%-21.43%-14.81%-41.01%
20179.01%4.55%16.21%52.04%-16.55%0.27%-2.67%7.42%49.62%10.26%-4.50%-9.74%150.45%
2016-12.56%1.60%-5.24%11.05%-10.45%-10.56%56.52%8.73%5.11%-8.68%-3.04%-12.94%3.26%
2015-16.03%44.72%-8.33%1.89%-2.97%-1.15%-31.78%0.57%-8.47%20.37%-14.87%29.52%-9.28%
201446.58%73.31%18.58%-17.53%4.25%5.76%-1.81%-4.16%-13.25%-12.22%-17.72%-8.85%47.20%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of BLDP.TO is 14, meaning it’s performing worse than 86% of other stocks on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of BLDP.TO is 1414
Overall Rank
The Sharpe Ratio Rank of BLDP.TO is 88
Sharpe Ratio Rank
The Sortino Ratio Rank of BLDP.TO is 99
Sortino Ratio Rank
The Omega Ratio Rank of BLDP.TO is 1313
Omega Ratio Rank
The Calmar Ratio Rank of BLDP.TO is 1818
Calmar Ratio Rank
The Martin Ratio Rank of BLDP.TO is 2222
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Ballard Power Systems Inc. (BLDP.TO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Ballard Power Systems Inc. Sharpe ratios as of May 10, 2025 (values are recalculated daily):

  • 1-Year: -0.88
  • 5-Year: -0.49
  • 10-Year: -0.05
  • All Time: -0.01

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Ballard Power Systems Inc. compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00December2025FebruaryMarchAprilMay
-0.88
0.57
BLDP.TO (Ballard Power Systems Inc.)
Benchmark (^GSPC)

Dividends

Dividend History


Ballard Power Systems Inc. doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%December2025FebruaryMarchAprilMay
-99.03%
-10.37%
BLDP.TO (Ballard Power Systems Inc.)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Ballard Power Systems Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Ballard Power Systems Inc. was 99.69%, occurring on Dec 18, 2012. The portfolio has not yet recovered.

The current Ballard Power Systems Inc. drawdown is 99.03%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-99.69%Mar 3, 20003214Dec 18, 2012
-56.79%Mar 18, 1998113Aug 31, 1998334Jan 10, 2000447
-32.26%Aug 13, 19936Aug 23, 1993122Apr 14, 1994128
-28.92%Jun 3, 1994194Mar 31, 1995107Sep 8, 1995301
-28.33%May 15, 1996135Nov 29, 199667Mar 10, 1997202

Volatility

Volatility Chart

The current Ballard Power Systems Inc. volatility is 13.31%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%December2025FebruaryMarchAprilMay
13.31%
7.54%
BLDP.TO (Ballard Power Systems Inc.)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of Ballard Power Systems Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Earnings Per Share

The chart presents the Earnings Per Share (EPS) performance of Ballard Power Systems Inc., comparing actual results with analytics estimates. In the past quarter, the company did not meet analyst expectations for EPS, resulting in a surprise of -114.4%.


-1.00-0.80-0.60-0.40-0.200.0020212022202320242025
-0.10
-0.13
Actual
Estimate

Valuation

The Valuation section provides an overview of how Ballard Power Systems Inc. is priced in the market compared to other companies in the Specialty Industrial Machinery industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PEG Ratio

The chart shows the Price/Earnings to Growth (PEG) ratio for BLDP.TO compared to other companies in the Specialty Industrial Machinery industry. BLDP.TO currently has a PEG ratio of 0.0. This PEG ratio is low compared to industry peers, which could indicate the stock is undervalued relative to its expected growth.

PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for BLDP.TO relative to other companies in the Specialty Industrial Machinery industry. Currently, BLDP.TO has a P/S ratio of 7.5. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for BLDP.TO in comparison with other companies in the Specialty Industrial Machinery industry. Currently, BLDP.TO has a P/B value of 0.6. This P/B ratio is low compared to industry peers. It might indicate the stock is undervalued or that the company’s assets are not expected to generate strong returns.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items