FuelCell Energy, Inc. (FCEL) vs Hyliion Holdings Corp. (HYLN)

FuelCell Energy, Inc. and Hyliion Holdings Corp. are both Electrical Equipment & Parts companies. FuelCell Energy, Inc. is the larger, with a market value of $1.3B against $768.0M — 1.7× the size. Hyliion Holdings Corp. grew revenue faster over the last twelve months: 340.3% against 1.09%. FuelCell Energy, Inc. has the higher net margin (−115.7% vs −564.4%) and the higher return on invested capital (−24.1% vs −34.8%). Across the 17 metrics below, FuelCell Energy, Inc. leads on 12 and Hyliion Holdings Corp. on 5.

Valuation

Metric FCEL HYLN Electrical Equipment & Parts median
P/E n/m n/m 36.10
P/S 7.53 81.43 2.73
P/B 1.18 4.44 3.57
Price to free cash flow n/m n/m 33.31
EV/EBITDA n/m n/m 18.07
EV/Sales 4.17 75.38 2.75
Earnings yield (20.80%) (7.11%) (5.84%)
Free cash flow yield (9.75%) (7.08%) 0.00%

Profitability

Metric FCEL HYLN Electrical Equipment & Parts median
Gross margin (32.39%) 6.52% 25.38%
Operating margin (116.25%) (635.16%) 0.00%
Net margin (115.68%) (564.35%) 0.00%
Free cash flow margin (73.46%) (576.73%) 0.00%
Return on equity (23.03%) (27.08%) 0.94%
Return on assets (16.65%) (25.53%) (1.50%)
Return on invested capital (24.06%) (34.84%) 0.00%

Growth

Metric FCEL HYLN Electrical Equipment & Parts median
Revenue growth (TTM) 1.09% 340.33% 9.28%
EPS growth (last fiscal year) 5.24% (10.00%) —
Revenue growth, 5-year CAGR 17.42% — 9.80%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric FCEL HYLN Electrical Equipment & Parts median
Debt to equity 0.17 0.00 0.08
Current ratio 8.67 7.59 2.18
Net debt to EBITDA 1.08 1.51 0.26

Dividend

Metric FCEL HYLN Electrical Equipment & Parts median
Dividend yield — — 0.84%
Payout ratio 0.00 0.00 0.00

Size

Metric FCEL HYLN Electrical Equipment & Parts median
Market cap 1.34b 767.97m 177.98m

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