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FUELCELL ENERGY, INC. (FCEL)

NASDAQ Small Cap

Technology › Electrical Industrial Apparatus

$6.53
Market Cap: $346M
Data as of Jan 31, 2026 (TTM)

Price History

Feb 9, 2026 — Apr 4, 2026

Investment Snapshot

  • P/B of 0.65 — trading below book value
  • Piotroski F-Score 4/9 — moderate financial health
  • Loss-making — negative ROE of -15.7%
  • Revenue growing at 41% annually

FUELCELL ENERGY, INC. (FCEL) is a Technology company operating in Electrical Industrial Apparatus, listed on the NASDAQ , with a market capitalisation of $346 million . Key value metrics: P/B ratio 0.65, Piotroski F-Score 4 out of 9 (moderate financial health) .

Value Score

Key Metrics

P/E Ratio
0.65
EPS
$-3.41
Div. Yield
PEG Ratio
P/S Ratio
EV/EBITDA
ROE
ROA
Gross Margin
Op. Margin
Net Margin
Debt/Equity
Current Ratio

Current vs 5-Year Average

Based on 5 years of SEC filings
Net Margin
↑ +2.1pp avg —
Gross Margin
↑ +2.1pp avg —
Operating Margin
↑ +2.1pp avg —
Return on Equity
↑ +2.1pp avg —
Debt / Equity
↑ +2.1pp avg —

Revenue & Net Income

EPS & Free Cash Flow Per Share

Financial Statements

Metric FY22 FY23 FY24
Revenue $X.XB $X.XB $X.XB
Gross Profit $X.XB $X.XB $X.XB
Operating Income $X.XB $X.XB $X.XB
Net Income $X.XB $X.XB $X.XB
EBITDA $X.XB $X.XB $X.XB
Total Assets $X.XB $X.XB $X.XB
Total Liabilities $X.XB $X.XB $X.XB
Data sourced from SEC EDGAR and Polygon.io. Methodology. View more Technology stocks →

FUELCELL ENERGY, INC. — Fundamental Analysis Summary

On financial health, FCEL shows a moderate Piotroski F-Score of 4/9, and negative return on equity of -15.7% (sector average: -3.1%), and minimal leverage with a debt-to-equity ratio of 0.12.

StockPik's composite Value Score for FCEL is 47/100 — reflecting current market or financial concerns. The score is built from ten fundamental signals: P/E, P/B, PEG ratio, P/S ratio, return on equity, gross margin, debt-to-equity, current ratio, dividend yield, and Piotroski F-Score.

FCEL reports a thin gross margin of -19.2% (sector average: 41.3%) and a negative operating margin of -142.4%.

FCEL shows revenue growing at 41% year-over-year, with earnings declining at 49%.

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How is the Value Score calculated?
Read our full methodology →
What is the Piotroski F-Score?
The 9-point financial health score explained, with worked examples →
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