GREY:XEBEQ - Post by User
Comment by
CanadaCoinon Nov 03, 2019 8:06am
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Post# 30301962
RE:RE:Has anyone seen it?
RE:RE:Has anyone seen it?midard wrote: BALLARD POWER SYSTEMS has a market cap of 1.7B and never report a profit
compare his number with Xebec and you will find that xebec is cheap.
I too have been comparing Ballard Power to Xebec in my due diligence. And even though there are distinct differences between the two entities, there is a lot of common ground also.
With the two market caps in mind.....$1.7B for Ballard and $138M for Xebec....Ballard only reported $6M gross margin on $25M in revenue the last quarter, while Xebec reported $4M gross margin on $12M in revenue.
Ballard has been going at this for over a decade and would appear to be fully valued today. And therefore, I would venture to say that Xebec has some catching up to do with respect to a proper valuation.....based on future prospects in a hot sector.
Xebec is past the 'proof of concept' phase now. :)