October 27th, 2021 | 14:53 CEST
Enapter, Plug Power, Ballard Power - This is the future!
Table of contents:
"[...] We can convert buses and trucks to be completely climate neutral. In doing so, we take a modular and incremental approach. That means we can work with all current vehicle types and respond to new technology and innovation [...]" Dirk Graszt, CEO, Clean Logistics SE
ENAPTER AG - Innovation made in Germany
This award-winning German Company manufactures highly efficient, modular hydrogen generators based on anion exchange membrane (AEM) technology. The core technology has been proven for more than 10 years. It forms the basis for the cost-effective and compact electrolyzer used in energy, mobility, telecommunications, heat generation, and industry sectors. The Company's innovative strength was recognized by the World Economic Forum this summer with the title of "Technology Pioneer 2021" for the development of the revolutionary AEM electrolysis technology.
In September, ground was broken for the Enapter Campus in North Rhine-Westphalia, which is to include a production facility for the mass production of 10,000 hydrogen generators per month. The Company is targeting the start of production in the fourth quarter of 2022. The Enapter Campus serves as a blueprint for the planned global roll-out of additional production facilities. In the medium term, the Company aims to build a production capacity of 280 MW per year.
Recently, the Company published a Sustainability Accounting Standards Board (SASB) report for the first time. Enapter is making key figures from environmental, social and governance (ESG) publicly available under the SASB standard and methodology. Undisputedly, ESG criteria have increasing weight in the investment decisions of investors.
The analysts at Pareto Securities and First Berlin advise a "buy" on the share, as they are convinced of the potential of the innovative technology. Both analyst firms formulate EUR 34 as a price target, representing an upside potential of around 20%.
Plug Power - Newsflow and higher medium-term targets fuel share price
Impressive success messages and the increase of the medium-term goals gave the share certificates of the Americans a clear upward drive recently. A painful price correction preceded this. The Company is currently valued at just under USD 19 billion. Sporty or not?
Plug Power had previously forecast sales of USD 200 million from its hydrogen division for 2024. Now the Company raised its 2025 targets to USD 1.5 billion. Analysts then believe the Company will have revenues of USD 4 billion and EBITDA of around USD 600 million in 2026. Should these high growth rates materialize, the current high valuation would quickly be put into perspective. The stock market is all about the future. Nevertheless, the fact remains that black zero is still years away.
The latest company announcements are generating a lot of imagination. To promote the marketing of hydrogen drones, Plug Power is working together with HevenDrones, among others. Together, the companies are developing a solution for powering and refueling the HevenDrones fleet. Flight time, range and payload should thus be improved. The collaboration with Airbus is also impressive. Plug Power will also develop scenarios for the refueling infrastructure here.
Ballard Power Systems Inc. - The big picture speaks for the share
Ballard Power Systems develops and manufactures proton exchange membrane fuel cells used to power buses, trucks, trains, ships and forklifts. The Canadian-based company is one of the few pioneers in the industry. Ballard focuses on heavy- and medium-duty propulsion applications, where fuel cells are compelling because of their range and refueling times. And the underlying conditions are conducive to the Company's success.
The European Commission, with its "Fit for 55" package, and the US Department of Energy, with its "Earthshot" program - both announced this summer - see the use of hydrogen as an energy source as a success factor in reducing carbon dioxide emissions. Ballard should benefit significantly from market growth. The Company has been marketing its fuel cell technology for some time, and the approximately 3,500 buses and trucks powered by its fuel cells have already traveled more than 100 million miles.
Hydrogen technology will establish itself as an essential component of the energy transition. It will still take a while before mass production and market penetration are achieved. However, the numerous advantages of the technology are obvious. Ballard Power is undeniably a pioneer in the industry. Plug Power should grow into its high valuation. Because of its innovative approach, Enapter is exciting. Analysts estimate an upside potential of around 20% here.
Conflict of interest
Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may in the future hold shares or other financial instruments of the mentioned companies or will bet on rising or falling on rising or falling prices and therefore a conflict of interest may arise in the future. conflict of interest may arise in the future. The Relevant Persons reserve the shares or other financial instruments of the company at any time (hereinafter referred to as the company at any time (hereinafter referred to as a "Transaction"). "Transaction"). Transactions may under certain circumstances influence the respective price of the shares or other financial instruments of the of the Company.
Furthermore, Apaton Finance GmbH reserves the right to enter into future relationships with the company or with third parties in relation to reports on the company. with regard to reports on the company, which are published within the scope of the Apaton Finance GmbH as well as in the social media, on partner sites or in e-mails, on partner sites or in e-mails. The above references to existing conflicts of interest apply apply to all types and forms of publication used by Apaton Finance GmbH uses for publications on companies.
Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and etc. on news.financial. These contents serve information for readers and does not constitute a call to action or recommendations, neither explicitly nor implicitly. implicitly, they are to be understood as an assurance of possible price be understood. The contents do not replace individual professional investment advice and do not constitute an offer to sell the share(s) offer to sell the share(s) or other financial instrument(s) in question, nor is it an nor an invitation to buy or sell such.
The content is expressly not a financial analysis, but rather financial analysis, but rather journalistic or advertising texts. Readers or users who make investment decisions or carry out transactions on the basis decisions or transactions on the basis of the information provided here act completely at their own risk. There is no contractual relationship between between Apaton Finance GmbH and its readers or the users of its offers. users of its offers, as our information only refers to the company and not to the company, but not to the investment decision of the reader or user. or user.