Unternehmensübersicht
Clean Energy Fuels Corp. operates within the energy sector, specifically focusing on the oil and gas refining and marketing industry by supplying alternative fuels for vehicle fleets across the United States and Canada. The company specializes in providing renewable natural gas (RNG), compressed natural gas (CNG), and liquefied natural gas (LNG) solutions primarily designed for medium and heavy-duty vehicle applications. This operational model places the firm in a strategic position to support the transition toward lower-carbon transportation infrastructure while addressing the fueling needs of commercial fleets. As of the latest reporting period, the entity maintains a market capitalization of $568.33M and generates total annual revenue of $424.83M while employing a workforce of 503 individuals. These valuation and revenue figures indicate that the company holds a mid-cap status with significant operational scale, suggesting it has established a substantial footprint in the alternative fuel market despite facing profitability challenges.
Finanzielle Gesundheit
The company reported a trailing twelve-month revenue of $424.83M, yet recorded a net income loss of $-222,024,000 and an EBITDA of $-107,630,000, revealing a cost structure where expenses significantly outpace gross earnings. The gap between the reported revenue and the substantial net loss indicates high operational costs or significant non-operating expenses that erode the bottom line before interest and taxes are considered. Free cash flow stood at $-65,000,376, which implies that the company is currently consuming cash reserves rather than generating liquidity, thereby limiting its financial flexibility for capital expenditures or debt reduction without external financing. Analyzing the margin profile, the gross margin stands at 27.0%, suggesting that the core production of fuels retains a reasonable portion of revenue after direct costs, while the operating margin of -107.5% and profit margin of -52.3% highlight severe inefficiencies or high fixed costs impacting overall profitability. On the balance sheet, total cash holdings of $156.14M are outweighed by total debt of $325.63M, resulting in a debt-to-equity ratio of 57.63, which characterizes the balance sheet as highly leveraged rather than conservative. The current ratio of 2.32 indicates that the company possesses sufficient short-term assets to cover its short-term liabilities, suggesting adequate immediate liquidity despite the long-term debt burden. Furthermore, the return on equity is -34.7% and the return on assets is -8.1%, metrics that reveal management is currently unable to generate positive returns on the capital invested by shareholders or utilized in assets.
Bewertungsanalyse
The valuation metrics present a complex picture with a P/E Ratio (TTM) listed as N/A due to losses, while the forward P/E is calculated at 64.75, implying that the market prices in significant future earnings recovery that is not yet reflected in current profitability. The price-to-book ratio of 1.02 suggests that the market values the company at roughly its book value, indicating no significant premium or discount relative to its net asset position. Alternative valuation multiples such as the price-to-sales ratio of 1.34 and an EV/EBITDA of -6.91 provide additional context, with the negative EV/EBITDA reflecting the inability to service debt from current cash flows and earnings before interest, taxes, depreciation, and amortization. Regarding price metrics, the stock traded between a 52-week high of $3.11 and a 52-week low of $1.30, meaning the current price sits at a level determined by recent trading activity within this established range. The beta value of 2.16 indicates that the stock exhibits more than double the volatility of the broader market, suggesting higher sensitivity to market fluctuations and increased risk for risk-averse investors.
Growth & Income
Revenue growth over the year-on-year period is recorded at 2.7%, whereas earnings growth is N/A, indicating that top-line expansion is occurring independently of bottom-line improvements due to the ongoing losses. Since the company does not pay dividends, as evidenced by a dividend yield of N/A and a payout ratio of 0.0%, it does not distribute income to shareholders, implying that any retained earnings are absorbed by the negative net income rather than being reinvested for growth. Consequently, the company's income profile is characterized by a reliance on operational scaling to eventually cover the high fixed costs and debt obligations rather than providing current income to equity holders. The overall growth and income profile for Clean Energy Fuels Corp. is currently defined by modest revenue expansion paired with significant financial losses and a lack of dividend distribution, requiring a future turnaround in profitability to attract income-focused capital.