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Ballard Power Systems (BLDP) Competitors

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C$3.07 -0.08 (-2.54%)
As of 09/23/2026 04:00 PM Eastern

BLDP vs. NANO, NCE, TPS, VRT, and HPS.A

Should you buy Ballard Power Systems stock or one of its competitors? Ballard Power Systems's main competitors and comparable companies include Nano One Materials (NANO), Nesscap Energy (NCE), Turbo Power Systems (TPS), Vertiv (VRT), and Hammond Power Solutions (HPS.A). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "electrical equipment" industry.

How does Ballard Power Systems compare to Nano One Materials?

Nano One Materials (TSE:NANO) and Ballard Power Systems (TSE:BLDP) are both small-cap industrials companies, but which is the better business? We will contrast the two businesses based on the strength of their media sentiment, analyst recommendations, earnings, risk, valuation, profitability, institutional ownership and dividends.

3.8% of Nano One Materials shares are owned by institutional investors. Comparatively, 9.8% of Ballard Power Systems shares are owned by institutional investors. 15.5% of Ballard Power Systems shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Nano One Materials has higher earnings, but lower revenue than Ballard Power Systems. Ballard Power Systems is trading at a lower price-to-earnings ratio than Nano One Materials, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Nano One MaterialsN/AN/AN/A-C$0.14N/A
Ballard Power SystemsC$106.16M8.72-C$231.90M-C$0.26N/A

Nano One Materials has a net margin of 0.00% compared to Ballard Power Systems' net margin of -72.38%. Nano One Materials' return on equity of 0.00% beat Ballard Power Systems' return on equity.

Company Net Margins Return on Equity Return on Assets
Nano One MaterialsN/A N/A N/A
Ballard Power Systems -72.38%-13.17%-9.42%

In the previous week, Nano One Materials had 3 more articles in the media than Ballard Power Systems. MarketBeat recorded 3 mentions for Nano One Materials and 0 mentions for Ballard Power Systems. Nano One Materials' average media sentiment score of 0.00 equaled Ballard Power Systems'average media sentiment score.

Company Overall Sentiment
Nano One Materials Neutral
Ballard Power Systems Neutral

Ballard Power Systems has a consensus price target of C$4.50, indicating a potential upside of 46.58%. Given Ballard Power Systems' stronger consensus rating and higher possible upside, analysts clearly believe Ballard Power Systems is more favorable than Nano One Materials.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nano One Materials
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Ballard Power Systems
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Nano One Materials has a beta of -0.001025, indicating that its share price is 100% less volatile than the broader market. Comparatively, Ballard Power Systems has a beta of 1.024358, indicating that its share price is 2% more volatile than the broader market.

Summary

Nano One Materials and Ballard Power Systems tied by winning 6 of the 12 factors compared between the two stocks.

How does Ballard Power Systems compare to Nesscap Energy?

Ballard Power Systems (TSE:BLDP) and Nesscap Energy (CVE:NCE) are both small-cap industrials companies, but which is the better business? We will contrast the two businesses based on the strength of their profitability, analyst recommendations, institutional ownership, risk, earnings, media sentiment, dividends and valuation.

Nesscap Energy has lower revenue, but higher earnings than Ballard Power Systems.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ballard Power SystemsC$106.16M8.72-C$231.90M-C$0.26N/A
Nesscap EnergyN/AN/AN/AN/AN/A

Ballard Power Systems currently has a consensus target price of C$4.50, indicating a potential upside of 46.58%. Given Ballard Power Systems' stronger consensus rating and higher probable upside, equities analysts plainly believe Ballard Power Systems is more favorable than Nesscap Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ballard Power Systems
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Nesscap Energy
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

Nesscap Energy has a net margin of 0.00% compared to Ballard Power Systems' net margin of -72.38%. Nesscap Energy's return on equity of 0.00% beat Ballard Power Systems' return on equity.

Company Net Margins Return on Equity Return on Assets
Ballard Power Systems-72.38% -13.17% -9.42%
Nesscap Energy N/A N/A N/A

9.8% of Ballard Power Systems shares are held by institutional investors. 15.5% of Ballard Power Systems shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

In the previous week, Ballard Power Systems' average media sentiment score of 0.00 equaled Nesscap Energy'saverage media sentiment score.

Company Overall Sentiment
Ballard Power Systems Neutral
Nesscap Energy Neutral

Summary

Ballard Power Systems beats Nesscap Energy on 5 of the 8 factors compared between the two stocks.

How does Ballard Power Systems compare to Turbo Power Systems?

Ballard Power Systems (TSE:BLDP) and Turbo Power Systems (TSE:TPS) are both industrials companies, but which is the better investment? We will contrast the two businesses based on the strength of their profitability, valuation, analyst recommendations, media sentiment, dividends, risk, institutional ownership and earnings.

Turbo Power Systems has lower revenue, but higher earnings than Ballard Power Systems.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ballard Power SystemsC$106.16M8.72-C$231.90M-C$0.26N/A
Turbo Power SystemsN/AN/AN/AN/AN/A

9.8% of Ballard Power Systems shares are held by institutional investors. 15.5% of Ballard Power Systems shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Turbo Power Systems has a net margin of 0.00% compared to Ballard Power Systems' net margin of -72.38%. Turbo Power Systems' return on equity of 0.00% beat Ballard Power Systems' return on equity.

Company Net Margins Return on Equity Return on Assets
Ballard Power Systems-72.38% -13.17% -9.42%
Turbo Power Systems N/A N/A N/A

In the previous week, Ballard Power Systems' average media sentiment score of 0.00 equaled Turbo Power Systems'average media sentiment score.

Company Overall Sentiment
Ballard Power Systems Neutral
Turbo Power Systems Neutral

Ballard Power Systems presently has a consensus price target of C$4.50, indicating a potential upside of 46.58%. Given Ballard Power Systems' stronger consensus rating and higher probable upside, equities research analysts clearly believe Ballard Power Systems is more favorable than Turbo Power Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ballard Power Systems
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Turbo Power Systems
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

Summary

Ballard Power Systems beats Turbo Power Systems on 5 of the 8 factors compared between the two stocks.

How does Ballard Power Systems compare to Vertiv?

Ballard Power Systems (TSE:BLDP) and Vertiv (CNSX:VRT) are both industrials companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, risk, valuation, profitability, media sentiment, earnings, analyst recommendations and dividends.

Ballard Power Systems currently has a consensus target price of C$4.50, suggesting a potential upside of 46.58%. Given Ballard Power Systems' stronger consensus rating and higher probable upside, research analysts clearly believe Ballard Power Systems is more favorable than Vertiv.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ballard Power Systems
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Vertiv
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

Vertiv has lower revenue, but higher earnings than Ballard Power Systems.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ballard Power SystemsC$106.16M8.72-C$231.90M-C$0.26N/A
VertivN/AN/AN/AN/AN/A

Vertiv has a net margin of 0.00% compared to Ballard Power Systems' net margin of -72.38%. Vertiv's return on equity of 0.00% beat Ballard Power Systems' return on equity.

Company Net Margins Return on Equity Return on Assets
Ballard Power Systems-72.38% -13.17% -9.42%
Vertiv N/A N/A N/A

In the previous week, Vertiv had 1 more articles in the media than Ballard Power Systems. MarketBeat recorded 1 mentions for Vertiv and 0 mentions for Ballard Power Systems. Vertiv's average media sentiment score of 0.63 beat Ballard Power Systems' score of 0.00 indicating that Vertiv is being referred to more favorably in the news media.

Company Overall Sentiment
Ballard Power Systems Neutral
Vertiv Positive

9.8% of Ballard Power Systems shares are owned by institutional investors. 15.5% of Ballard Power Systems shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Summary

Ballard Power Systems and Vertiv tied by winning 5 of the 10 factors compared between the two stocks.

How does Ballard Power Systems compare to Hammond Power Solutions?

Ballard Power Systems (TSE:BLDP) and Hammond Power Solutions (TSE:HPS.A) are both industrials companies, but which is the better stock? We will compare the two companies based on the strength of their risk, analyst recommendations, dividends, institutional ownership, earnings, media sentiment, valuation and profitability.

In the previous week, Hammond Power Solutions had 3 more articles in the media than Ballard Power Systems. MarketBeat recorded 3 mentions for Hammond Power Solutions and 0 mentions for Ballard Power Systems. Hammond Power Solutions' average media sentiment score of 0.72 beat Ballard Power Systems' score of 0.00 indicating that Hammond Power Solutions is being referred to more favorably in the news media.

Company Overall Sentiment
Ballard Power Systems Neutral
Hammond Power Solutions Positive

9.8% of Ballard Power Systems shares are held by institutional investors. Comparatively, 31.2% of Hammond Power Solutions shares are held by institutional investors. 15.5% of Ballard Power Systems shares are held by insiders. Comparatively, 6.0% of Hammond Power Solutions shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Hammond Power Solutions has higher revenue and earnings than Ballard Power Systems. Ballard Power Systems is trading at a lower price-to-earnings ratio than Hammond Power Solutions, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ballard Power SystemsC$106.16M8.72-C$231.90M-C$0.26N/A
Hammond Power SolutionsC$1.06B3.08C$65.88MC$5.1753.12

Ballard Power Systems has a beta of 1.024358, indicating that its share price is 2% more volatile than the broader market. Comparatively, Hammond Power Solutions has a beta of 1.203191, indicating that its share price is 20% more volatile than the broader market.

Hammond Power Solutions has a net margin of 8.73% compared to Ballard Power Systems' net margin of -72.38%. Hammond Power Solutions' return on equity of 28.43% beat Ballard Power Systems' return on equity.

Company Net Margins Return on Equity Return on Assets
Ballard Power Systems-72.38% -13.17% -9.42%
Hammond Power Solutions 8.73%28.43%14.68%

Ballard Power Systems presently has a consensus target price of C$4.50, indicating a potential upside of 46.58%. Hammond Power Solutions has a consensus target price of C$371.86, indicating a potential upside of 35.41%. Given Ballard Power Systems' higher probable upside, analysts clearly believe Ballard Power Systems is more favorable than Hammond Power Solutions.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ballard Power Systems
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Hammond Power Solutions
0 Sell rating(s)
0 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
3.00

Summary

Hammond Power Solutions beats Ballard Power Systems on 13 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding BLDP and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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BLDP vs. The Competition

MetricBallard Power SystemsElectrical Equipment IndustryIndustrials SectorTSE Exchange
Market CapC$1.11BC$10.66BC$10.31BC$12.84B
Dividend Yield4.65%2.34%96.94%6.27%
P/E Ratio-11.8147.0425.5840.36
Price / Sales8.721,551.08281.089.35
Price / Cash2.2934.0524.1082.29
Price / Book1.667.704.894.69
Net Income-C$231.90MC$139.67MC$614.63MC$299.09M
7 Day Performance0.66%0.84%0.69%0.01%
1 Month Performance-3.15%-1.65%-2.29%-2.14%
1 Year Performance-25.85%1.41%4.39%20.17%

Ballard Power Systems Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BLDP
Ballard Power Systems
1.5416 of 5 stars
C$3.07
-2.5%
C$4.50
+46.6%
-24.2%C$1.11BC$106.16MN/A492
NANO
Nano One Materials
N/AC$0.85
-5.6%
N/A-17.0%C$101.81MN/AN/A38
NCE
Nesscap Energy
N/AC$0.04
+14.3%
N/A+0.0%C$22.99MN/AN/A147,000
TPS
Turbo Power Systems
N/AN/AN/AN/AC$0.00N/AN/A147,000
VRT
Vertiv
N/AN/AN/AN/A$0.00N/AN/A27,000

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This page (TSE:BLDP) was last updated on 9/24/2026 by MarketBeat.com Staff.
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