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H-Power plc (HPOW.L)

GBp11.16 +0.22 (+2.01%)
GB LSE Industrials Electrical Equipment & Parts
Address Dunsfold Park GU6 8TB
Cranleigh, SU, GB
CEO John Frederick Wilson
IPO 1998-07-30
ISIN GB00B18S7B29

Explore sections of this company profile

Also trades on London Stock Exchange · AFC.L (GBp) London Stock Exchange · HPOW.L (GBp) Other OTC · AFGYF (USD)
Description

H-Power plc engages in the development of ammonia-based low carbon hydrogen production and hydrogen-to-power solutions in the United Kingdom. It operates through Sales of fuel cell generators and Rental segments. The company provides an H-Power Tower, an S series fuel cell generators; and L series fuel cell generators. It is also developing an H-power generator – S series fuel cell, a modular compact; H-power generator S+ series fuel cell diesel generator alternative; ammonia cracker, a technology to convert ammonia into hydrogen; and a methanol fuel tower, a technology solution for conversion of carrier fuel methanol into hydrogen. In addition, the company provides various support solutions, including the supply of hydrogen, ammonia or methanol; consultation on fuel consumption and logistics requirements; arranging the sourcing, supply, and delivery of the fuel of choice; consultation or supply of on-site fuel storage; consultation and design of the full power solution based on the application; arrangements to supply, deliver, and connect battery energy storage technology; technical integration of technologies, such as battery, fuel cell, fuel conversion, and fuel storage; monitoring and optimization for the full system; on-site installation, commissioning, and decommissioning; on call maintenance from field support team; and operating guidelines and on-site briefing services. It offers products for use in various applications, such as maritime, construction, data centers, outdoor events, EV charging, and rail sectors. The company was formerly known as AFC Energy plc and changed its name to H-Power plc in May 2026. The company was incorporated in 2006 and is based in Cranleigh, the United Kingdom.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
GBp11.16 +0.22 (+2.01%)
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Volume Profile
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Liquidity & share structure
Average Volume
7M
Beta
2.43
Float Shares
861.08M
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.40% -2.62% -7.05% +16.15% +21.03% +24.12% -15.60% -17.79% -78.36% +15.09% -91.79%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
11.16
DCF (Unlevered) 1.81 -83.8%
DCF (Levered) 1.43 -87.2%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-06 Change
Strong Buy 0 0
Buy 1 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.71
Safe zone
Piotroski F-Score
2 / 9
Weak
MOAT Score
0 / 10
No MOAT
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
4 / 5
High
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Electrical Equipment & Parts: +13.1%
    -96.9% Q2'26: -38.0% (vs Q2'24)
  • EPS growth Electrical Equipment & Parts: +22.4%
    -8.6% Q2'26: +54.1% (vs Q2'24)
  • FCF margin FCF growth · Electrical Equipment & Parts: +27.2%
    -14,279.2% Q2'26: -1,471.9% (vs Q2'24)
  • EBIT margin Electrical Equipment & Parts: +8.2%
    -20,609.6% Q2'26: -3,002.4% (vs Q2'24)
  • ROIC Electrical Equipment & Parts: +6.4%
    -228.9% Q2'26: -156.2% (vs Q2'24)
  • Share dilution Electrical Equipment & Parts: +0.0%
    +17.4% Q2'26: +51.8% (vs Q2'24)
  • Debt / EBITDA Net debt/EBITDA · Electrical Equipment & Parts: -0.54×
    -0.01× Q2'26: -0.06× (vs Q2'24)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (2.40) × ERP
WACC = 100% × Ke + 0% × Kd (21.2%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 1.81 Current price: 11.16
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Oct 2024
actual
Oct 2025
actual
Oct 2026
1 Rev. Ana.
1 EPS Ana.
Oct 2027
1 Rev. Ana.
1 EPS Ana.
Oct 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
4.00M
est: 4.00M (+0.1%)
125.0K
est: 107.0K (+16.8%)
2.00M
2.00M – 2.00M
+1,769.2% YoY
19.80M
19.80M – 19.80M
+890.0% YoY
34.79M
34.79M – 34.79M
+75.7% YoY
EBITDA
-16.66M
est: -4.00M (-316.5%)
-21.51M
est: -107.0K (-20,006.5%)
-2.00M
-2.00M – -2.00M
-1,769.2% YoY
-19.80M
-19.80M – -19.80M
-890.0% YoY
-34.79M
-34.79M – -34.79M
-75.7% YoY
EBIT
-19.27M
est: -4.00M (-381.7%)
-25.76M
est: -107.0K (-23,976.6%)
-2.00M
-2.00M – -2.00M
-1,769.2% YoY
-19.80M
-19.80M – -19.80M
-890.0% YoY
-34.79M
-34.79M – -34.79M
-75.7% YoY
Net Income
-17.42M
est: -19.88M (+12.4%)
-22.20M
est: -19.35M (-14.7%)
-14.74M
-14.74M – -14.74M
+23.8% YoY
-9.21M
-9.21M – -9.21M
+37.5% YoY
-7.90M
-7.90M – -7.90M
+14.3% YoY
SGA
2.83M
est: 171.69M (-98.4%)
21.56M
est: 4.59M (+369.4%)
85.85M
85.85M – 85.85M
+1,769.2% YoY
849.89M
849.89M – 849.89M
+890.0% YoY
1.49B
1.49B – 1.49B
+75.7% YoY
EPS
-0.02
est: -0.02 (-2.9%)
-0.02
est: -0.02 (-14.8%)
-0.02
-0.02 – -0.02
+23.8% YoY
-0.01
-0.01 – -0.01
+37.5% YoY
-0.01
-0.01 – -0.01
+14.3% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-06-19 C 2/5 3/5 1/5 1/5 4/5 1/5 1/5
2026-06-18 C 2/5 3/5 1/5 1/5 4/5 1/5 1/5
2026-06-17 C 2/5 3/5 1/5 1/5 4/5 1/5 1/5
2026-06-16 C 2/5 3/5 1/5 1/5 4/5 1/5 1/5
2026-06-15 C 2/5 3/5 1/5 1/5 4/5 1/5 1/5
2026-06-12 C- 1/5 1/5 1/5 1/5 4/5 1/5 1/5
2026-05-12 C+ 2/5 2/5 1/5 1/5 4/5 1/5 3/5
2026-05-11 C+ 2/5 2/5 1/5 1/5 4/5 1/5 3/5
2026-05-08 C+ 2/5 2/5 1/5 1/5 4/5 1/5 3/5
2026-05-07 C+ 2/5 2/5 1/5 1/5 4/5 1/5 3/5
2026-05-06 C+ 2/5 2/5 1/5 1/5 4/5 1/5 3/5
2026-05-05 C+ 2/5 2/5 1/5 1/5 4/5 1/5 3/5
2026-05-01 C 2/5 2/5 1/5 1/5 3/5 1/5 3/5
2026-04-30 C 2/5 2/5 1/5 1/5 3/5 1/5 3/5
2026-04-29 C 2/5 2/5 1/5 1/5 3/5 1/5 3/5
2026-04-28 C 2/5 2/5 1/5 1/5 3/5 1/5 3/5
2026-04-27 C 2/5 2/5 1/5 1/5 3/5 1/5 3/5
2026-04-24 C 2/5 2/5 1/5 1/5 2/5 1/5 3/5
2026-04-23 C 2/5 2/5 1/5 1/5 2/5 1/5 3/5
2026-04-22 C 2/5 2/5 1/5 1/5 2/5 1/5 3/5
2026-04-21 C 2/5 2/5 1/5 1/5 2/5 1/5 3/5
2026-04-20 C 2/5 2/5 1/5 1/5 2/5 1/5 3/5
2026-04-17 C 2/5 2/5 1/5 1/5 2/5 1/5 3/5
2026-04-16 C 2/5 2/5 1/5 1/5 2/5 1/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-14.35M
OE per share TTM
-0.01
Owner's Yield
-10.00%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
402.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 1 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Global X - Hydrogen ETF HYDR 3.29% 3.01M 0.50%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-2.1K
Shares Outstanding
1.14B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
John Frederick Wilson Chief Executive Officer & Executive Director 847.8K male
Karl Robert Bostock Chief Financial Officer & Executive Director 419.5K
Brendan James Keane Company Secretary male
David Harvey Chief Technology Officer
Michael Rendall Chief Technology Officer of Hydrogen Processing Division
Nicholas N. Walker Chief Strategy Officer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits