Friday 6 November 2026
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Clean Energy Technologies, Inc.
CETY Industrials Specialty Industrial Machinery
Clean Energy Technologies, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.2 million, down 10.9% from fiscal 2024.
- Revenue
- +57.4%
- EPS
- +70.0%
- Free cash flow
- −8.31%
- Total debt
- −8.68%
Quarter to June 2026, against a year earlier
0.89
0.03
+3.49%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 2 | 1 | 1 | 2 | 1 | 1 | 3 | 7 | 2 | 2 | 3 | +0.6% | — | — | — | — | |
| Gross margin, % | 37.33 | 43.12 | 39.12 | 40.82 | 53.42 | 46.94 | 44.09 | 6.88 | 34.92 | 27.55 | (1.38) | (9.8) pt | ||||||
| EBT | (2) | (2) | (3) | (3) | (3) | 0 | 0 | (6) | (5) | (7) | (7) | +16.7% | ||||||
| EBT margin, % | (83.02) | (231.30) | (211.09) | (158.76) | (244.37) | 21.42 | 6.22 | (85.66) | (187.66) | (314.99) | (259.31) | (232.0) pt | ||||||
| Net income | (2) | (2) | (3) | (3) | (3) | 0 | 0 | (6) | (5) | (7) | (7) | +16.7% | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 8.61 | 2.74 | 1.44 | 1.51 | 1.10 | 0.87 | 1.44 | 2.61 | 0.84 | 0.49 | 0.22 | (27.2%) | |||||
| Earnings | (7.11) | (6.44) | (3.04) | (2.31) | (2.65) | 0.19 | 0.08 | (2.10) | (1.50) | (1.55) | (1.11) | (15.6%) | ||||||
| Cash flow | (2.16) | (4.27) | (1.56) | (2.08) | (1.12) | (1.70) | (1.22) | (1.87) | (1.24) | (1.81) | (0.66) | (2.0%) | ||||||
| Capex | (0.32) | 0.00 | 0.00 | (0.01) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (40.6%) | ||||||
| Free cash flow | (2.48) | (4.27) | (1.56) | (2.09) | (1.12) | (1.70) | (1.22) | (1.87) | (1.24) | (1.81) | (0.66) | (3.4%) | ||||||
| Book value | (9.54) | (11.75) | (5.20) | (4.91) | (5.65) | (1.15) | 1.02 | 1.94 | 0.66 | 1.42 | 0.49 | n/m | ||||||
| Shares, m | 0 | 0 | 1 | 1 | 1 | 2 | 2 | 3 | 3 | 4 | 9 | +38.3% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 67.18 | 507.52 | 0.00 | 0.00 | 0.00 | 0.00 | 57.5 | |||||
| P/S | 0.55 | 2.24 | 4.12 | 7.61 | 32.78 | 15.25 | 28.08 | 8.77 | 10.93 | 2.10 | 4.10 | 11.2 | ||||||
| P/B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 39.81 | 11.82 | 13.97 | 0.73 | 1.81 | 6.6 | ||||||
| EV/Sales | 0.82 | 2.61 | 4.38 | 7.77 | 34.61 | 16.14 | 28.84 | 9.02 | 11.66 | 2.62 | 4.75 | 11.8 | ||||||
| EV/FCF | (2.86) | (1.59) | (3.84) | (5.45) | (32.44) | (8.00) | (33.20) | (11.19) | (6.77) | (0.66) | (1.45) | (10.6) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | (1) | (1) | (1) | (2) | (1) | (3) | (2) | (5) | (4) | (8) | (8) | +35.5% | |||||
| Capex | 0 | — | — | 0 | — | — | — | 0 | — | 0 | 0 | (18.0%) | ||||||
| Free cash flow | (1) | (1) | (1) | (2) | (1) | (3) | (2) | (5) | (4) | (8) | (8) | +33.5% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | (3) | (6) | (6) | (7) | (8) | (4) | (2) | (2) | (3) | 0 | 0 | n/m | |||||
| Net debt | 1 | 0 | 0 | 1 | 3 | 1 | 1 | 1 | 1 | 0 | 1 | (16.3%) | ||||||
| Shareholders’ equity | (2) | (4) | (5) | (5) | (7) | (2) | 2 | 5 | 2 | 6 | 6 | n/m | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | (56.41) | (79.78) | (100.47) | (71.74) | (81.50) | 5.64 | 2.03 | (61.39) | (48.28) | (64.55) | (49.57) | (8.1) pt | |||||
| ROIC | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (21.88) | (32.64) | (80.13) | (25.16) | (27.47) | (25.2) pt | ||||||
| ROE | 67.74 | 56.21 | 53.99 | 44.65 | 50.56 | (6.32) | 188.37 | (164.03) | (132.66) | (167.23) | (109.83) | (235.0) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 12 | 10 | 10 | 12 | 12 | 20 | 20 | 20 | 33 | 15 | — | +2.5% | |||||
| Revenue/emp, $m | 0.17 | 0.10 | 0.13 | 0.13 | 0.12 | 0.07 | 0.13 | 0.33 | 0.07 | 0.14 | — | (1.9%) | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026
Clean Energy Technologies, Inc. vs peers in Specialty Industrial Machinery (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| CVV CVD Equipment Corporation | $25.1M | 3.4× | — (loss-making) | −78.63% (below 0%: shrinking) | n/m | −96.83% (below 0%: shrinking) | 0.00% | 0.00% | Compare |
| SPPL SIMPPLE LTD. | $23.9M | — | — | — | — | +67.86% (above 0%: growing) | — | — | Compare |
| VGTK Viking Global Technologies Inc. | $16.8M | — (loss-making) | — (loss-making) | −6.90% (below 0%: shrinking) | n/m | +82.10% (above 0%: growing) | 25.37% | 0.00% | Compare |
| HUHU HUHUTECH International Group Inc. | $13.0M | — | — | — | — | — | — | — | Compare |
| CETY Clean Energy Technologies, Inc. | $10.5M | — (loss-making) | — | +57.38% (above 0%: growing) | n/m | −8.31% (below 0%: shrinking) | 4.73% | (203.31%) | |
| JCSE JE Cleantech Holdings Limited | $8.6M | 38.0× | — | −1.34% (below 0%: shrinking) | −66.67% (below 0%: shrinking) | +714.03% (above 0%: growing) | 21.73% | 0.00% | Compare |
| WFF WF Holding Limited | $6.7M | — | — | — | — | — | — | — | Compare |
| OPTT Ocean Power Technologies, Inc. | $3.4M | — (loss-making) | — (loss-making) | +44.08% (above 0%: growing) | n/m | −46.84% (below 0%: shrinking) | (166.24%) | (885.32%) | Compare |
| BURU Nuburu, Inc. | $2.7M | — (loss-making) | — | +461.39% (above 0%: growing) | n/m | −191.32% (below 0%: shrinking) | (72.13%) | (1,109.03%) | Compare |
| Median of peers | $10.8M | — | — | −1.34% | — | +10.51% | 0.00% | 0.00% |
Pay and ownership Proxy statement filed 15 April 2025
Chief executive’s pay
| Year | Total pay | Actually paid | $100 invested |
|---|---|---|---|
| 2024 | 430.50k | 430.50k | 40.91 |
| 2023 | 430.50k | 430.50k | 37.50 |
Ownership
Directors and executive officers, together
55.52%
Calvin Pang
50.64%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards
at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s
shares at the start of the earliest year shown was worth at each year’s end.
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement