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Bloom Energy

DB:1ZB
Snowflake Description

Slightly overvalued with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1ZB
DB
$617M
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

Bloom Energy Corporation designs, manufactures, and sells solid-oxide fuel cell systems for on-site power generation. The last earnings update was 16 days ago. More info.


Add to Portfolio Compare Print
  • Bloom Energy has significant price volatility in the past 3 months.
1ZB Share Price and Events
7 Day Returns
-14.1%
DB:1ZB
9.2%
DE Electrical
9.9%
DE Market
1 Year Returns
-59.5%
DB:1ZB
-8.2%
DE Electrical
-17.5%
DE Market
1ZB Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Bloom Energy (1ZB) -14.1% -40.8% -32.2% -59.5% - -
DE Electrical 9.2% -20.6% -35.2% -8.2% -43.7% -44.1%
DE Market 9.9% -16.6% -24.8% -17.5% -24.5% -28.1%
1 Year Return vs Industry and Market
  • 1ZB underperformed the Electrical industry which returned -8.2% over the past year.
  • 1ZB underperformed the Market in Germany which returned -17.5% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Bloom Energy undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Bloom Energy to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Bloom Energy.

DB:1ZB Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 7 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:1ZB
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Electrical Unlevered Beta Simply Wall St/ S&P Global 1.12
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.118 (1 + (1- 21%) (176.39%))
2.123
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (2 * 5.44%)
10.49%

Discounted Cash Flow Calculation for DB:1ZB using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Bloom Energy is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:1ZB DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 10.49%)
2020 -12.50 Analyst x4 -11.32
2021 105.99 Analyst x4 86.82
2022 127.00 Analyst x1 94.15
2023 141.61 Est @ 11.51% 95.02
2024 152.85 Est @ 7.94% 92.82
2025 161.17 Est @ 5.44% 88.58
2026 167.11 Est @ 3.69% 83.13
2027 171.24 Est @ 2.47% 77.09
2028 173.99 Est @ 1.61% 70.90
2029 175.75 Est @ 1.01% 64.81
Present value of next 10 years cash flows $742.00
DB:1ZB DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $175.75 × (1 + -0.39%) ÷ (10.49% – -0.39%)
$1,609.03
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,609.03 ÷ (1 + 10.49%)10
$593.38
DB:1ZB Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $742.00 + $593.38
$1,335.38
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,335.38 / 118.01
$11.32
DB:1ZB Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:1ZB represents 0.89484x of NYSE:BE
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.89484x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 11.32 x 0.89484
€10.13
Value per share (EUR) From above. €10.13
Current discount Discount to share price of €4.68
= -1 x (€4.68 - €10.13) / €10.13
53.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Bloom Energy is available for.
Intrinsic value
>50%
Share price is €4.68 vs Future cash flow value of €10.13
Current Discount Checks
For Bloom Energy to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Bloom Energy's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Bloom Energy's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Bloom Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Bloom Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:1ZB PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-2.63
NYSE:BE Share Price ** NYSE (2020-03-31) in USD $5.23
Germany Electrical Industry PE Ratio Median Figure of 6 Publicly-Listed Electrical Companies 22.57x
Germany Market PE Ratio Median Figure of 399 Publicly-Listed Companies 16.31x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Bloom Energy.

DB:1ZB PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:BE Share Price ÷ EPS (both in USD)

= 5.23 ÷ -2.63

-1.99x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bloom Energy is loss making, we can't compare its value to the DE Electrical industry average.
  • Bloom Energy is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Bloom Energy's expected growth come at a high price?
Raw Data
DB:1ZB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.99x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts
55.9%per year
Germany Electrical Industry PEG Ratio Median Figure of 5 Publicly-Listed Electrical Companies 1x
Germany Market PEG Ratio Median Figure of 255 Publicly-Listed Companies 1.18x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Bloom Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Bloom Energy's assets?
Raw Data
DB:1ZB PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $-2.11
NYSE:BE Share Price * NYSE (2020-03-31) in USD $5.23
Germany Electrical Industry PB Ratio Median Figure of 14 Publicly-Listed Electrical Companies 1.69x
Germany Market PB Ratio Median Figure of 571 Publicly-Listed Companies 1.43x
DB:1ZB PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:BE Share Price ÷ Book Value per Share (both in USD)

= 5.23 ÷ -2.11

-2.48x

* Primary Listing of Bloom Energy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bloom Energy has negative assets, we can't compare the value of its assets to the DE Electrical industry average.
X
Value checks
We assess Bloom Energy's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electrical industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electrical industry average (and greater than 0)? (1 check)
  5. Bloom Energy has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Bloom Energy expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
55.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Bloom Energy expected to grow at an attractive rate?
  • Unable to compare Bloom Energy's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Bloom Energy's earnings growth to the Germany market average as it is expected to be loss making during the next 1-3 years.
  • Bloom Energy's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:1ZB Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:1ZB Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts 55.9%
DB:1ZB Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 7 Analysts 14.5%
Germany Electrical Industry Earnings Growth Rate Market Cap Weighted Average 69.2%
Germany Electrical Industry Revenue Growth Rate Market Cap Weighted Average 12.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.4%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:1ZB Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:1ZB Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 1,318 137 1
2021-12-31 1,041 80 -85 7
2020-12-31 819 -33 -196 6
2020-04-01
DB:1ZB Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 786 -302
2019-09-30 882 94 -281
2019-06-30 838 75 -325
2019-03-31 773 -28 -308
2018-12-31 742 -58 -242
2018-09-30 652 -16 -210
2018-06-30 555 -6 -203
2018-03-31 473 -38 -221
2017-12-31 376 -67 -263
2017-09-30 318 -99 -272
2017-06-30 276 -222 -291
2017-03-31 242 -278 -280

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Bloom Energy is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Bloom Energy's revenue is expected to grow by 14.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:1ZB Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below

All data from Bloom Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:1ZB Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31 -0.65 -0.45 -0.76 4.00
2020-12-31 -1.31 -0.45 -1.93 6.00
2020-04-01
DB:1ZB Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -2.63
2019-09-30 -2.49
2019-06-30 -3.11
2019-03-31 -3.92
2018-12-31 -4.54
2018-09-30 -7.40
2018-06-30 -19.53
2018-03-31 -21.41
2017-12-31 -25.62
2017-09-30 -26.71
2017-06-30 -28.75
2017-03-31 -27.73

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Bloom Energy is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).
X
Future performance checks
We assess Bloom Energy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Bloom Energy has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Bloom Energy performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Bloom Energy's growth in the last year to its industry (Electrical).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Bloom Energy does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Bloom Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Bloom Energy's 1-year growth to the DE Electrical industry average as it is not currently profitable.
Earnings and Revenue History
Bloom Energy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Bloom Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:1ZB Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 786.19 -302.48 226.22 104.17
2019-09-30 881.57 -281.34 242.84 114.99
2019-06-30 838.29 -325.02 250.59 118.62
2019-03-31 773.38 -308.48 218.08 103.26
2018-12-31 742.04 -241.75 181.79 89.14
2018-09-30 651.68 -209.73 133.50 71.35
2018-06-30 555.26 -202.99 91.24 56.70
2018-03-31 473.16 -220.78 90.62 54.65
2017-12-31 376.00 -262.60 88.09 51.15
2017-09-30 318.02 -272.29 86.88 48.72
2017-06-30 276.15 -291.40 93.27 48.22
2017-03-31 241.90 -279.75 91.36 47.42
2016-12-31 208.54 -279.66 90.65 46.85
2016-09-30 167.79 -318.00 86.28 44.49
2016-06-30 144.29 -306.84 78.39 43.57
2016-03-31 125.53 -316.52 82.65 42.62
2015-12-31 172.89 -341.00 78.52 43.93
2014-12-31 248.14 -217.62 67.01 53.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Bloom Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Bloom Energy has efficiently used its assets last year compared to the DE Electrical industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Bloom Energy improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Bloom Energy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electrical industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Bloom Energy has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Bloom Energy's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Bloom Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Bloom Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Bloom Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Bloom Energy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Bloom Energy has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Bloom Energy Company Filings, last reported 3 months ago.

DB:1ZB Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 -158.58 1,088.64 202.82
2019-09-30 -11.08 675.52 226.50
2019-06-30 -11.21 677.37 308.01
2019-03-31 68.03 746.80 320.41
2018-12-31 90.71 741.28 325.08
2018-09-30 106.32 740.81 400.01
2018-06-30 -562.43 962.81 107.30
2018-03-31 -509.31 953.42 108.37
2017-12-31 -490.81 941.34 130.64
2017-09-30 -421.84 926.17 150.51
2017-06-30 -360.43 911.37 153.26
2017-03-31 -246.23 794.29 156.58
2016-12-31 -246.23 794.29 156.58
2016-09-30 -218.70 794.35 157.32
2016-06-30 -188.73 743.22 125.04
2016-03-31 -164.44 701.05 119.72
2015-12-31 -77.12 639.98 135.03
2014-12-31 186.91 469.76 107.03
  • Bloom Energy has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Bloom Energy's debt level has increased considering it has negative shareholder equity.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Bloom Energy has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Bloom Energy has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -57.4% per year.
X
Financial health checks
We assess Bloom Energy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Bloom Energy has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Bloom Energy's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Bloom Energy dividends. Estimated to be 0% next year.
If you bought €2,000 of Bloom Energy shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Bloom Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Bloom Energy's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:1ZB Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
Germany Electrical Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.8%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:1ZB Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31 0.00 1.00
2020-12-31 0.00 2.00
2020-04-01

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Bloom Energy has not reported any payouts.
  • Unable to verify if Bloom Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Bloom Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Bloom Energy has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Bloom Energy's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Bloom Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Bloom Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Bloom Energy has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Bloom Energy's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
K. Sridhar
COMPENSATION $50,814,151
AGE 58
TENURE AS CEO 18 years
CEO Bio

Dr. K. R. Sridhar, Ph.D. co-founded Bloom Energy Corporation in 2001 and serves as its Chairman, President and Chief Executive Officer since April 2002. Dr. Sridhar was the Principal of Bloom Energy Corporation. Dr. Sridhar is a Venture Advisor at New Enterprise Associates. He focuses on investments in technology and energy. He serves as an Advisor to NASA and has led major consortia of industry, academia and national labs. He is one of the early pioneers in green tech. He was Director of the Space Technologies Laboratory (STL) at the University of Arizona, where he was also a Professor of Aerospace and Mechanical Engineering. He also served as a Strategic Advisor at Kleiner Perkins Caufield & Byers. Prior to founding Bloom Energy, Dr. Sridhar led a team developing technologies to sustain life on Mars for NASA. His work for the NASA Mars program to convert Martian atmospheric gases to oxygen for propulsion and life support was recognized by Fortune Magazine, where he was cited as “one of the top five futurists inventing tomorrow, today. He serves as a Director of Bloom Energy Corporation since January 2001. Dr. Sridhar also serves on many panels and advisory boards and has over fifty publications and several patents. He is also a sought-after speaker and advisor on energy and environmental issues. Dr. Sridhar received a Ph.D. in Mechanical Engineering and an M.S. in Nuclear Engineering from the University of Illinois, Urbana-Champaign; and a Bachelors Degree in Mechanical Engineering, with honors, from the University of Madras, India. Mr. Sridhar received a B.S. in Mechanical Engineering from the National Institute of Technology, Tiruchirappali, India

CEO Compensation
  • K.'s compensation has increased whilst company is loss making.
  • K.'s remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Bloom Energy management team in years:

5.7
Average Tenure
58
Average Age
  • The average tenure for the Bloom Energy management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

K. Sridhar

TITLE
Co-Founder
COMPENSATION
$51M
AGE
58
TENURE
18 yrs

Randy Furr

TITLE
Executive VP & CFO
COMPENSATION
$12M
AGE
64
TENURE
5 yrs

Venkat Venkataraman

TITLE
CTO & Executive VP of Engineering
COMPENSATION
$14M
AGE
58
TENURE
16.3 yrs

Susan Brennan

TITLE
Executive VP & COO
COMPENSATION
$871K
AGE
55
TENURE
6.4 yrs

Mark Mesler

TITLE
Vice President of Finance & Investor Relations

Shawn Soderberg

TITLE
Executive VP
AGE
58
TENURE
4.3 yrs

David McCulloch

TITLE
Vice President of Communications

Matt Ross

TITLE
Executive VP & Chief Marketing Officer
AGE
59
TENURE
8.5 yrs

Chris White

TITLE
Executive VP & Chief Sales Officer
TENURE
0.8 yrs

Sonja Wilkerson

TITLE
Executive VP & Chief People Officer
AGE
58
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the Bloom Energy board of directors in years:

4.4
Average Tenure
64.5
Average Age
  • The tenure for the Bloom Energy board of directors is about average.
Board of Directors

K. Sridhar

TITLE
Co-Founder
COMPENSATION
$51M
AGE
58
TENURE
18 yrs

Scott Sandell

TITLE
Independent Director
AGE
54
TENURE
16.7 yrs

Mary Bush

TITLE
Independent Director
COMPENSATION
$1M
AGE
71
TENURE
3.3 yrs

John Doerr

TITLE
Lead Independent Director
AGE
67

Colin Powell

TITLE
Director
COMPENSATION
$2M
AGE
82
TENURE
11.3 yrs

Eddy Zervigon

TITLE
Independent Director
COMPENSATION
$320K
AGE
50
TENURE
12.5 yrs

John Chambers

TITLE
Independent Director
COMPENSATION
$1M
AGE
70
TENURE
1.9 yrs

Peter Teti

TITLE
Independent Director
AGE
51
TENURE
4.4 yrs

Michael Boskin

TITLE
Director
AGE
73
TENURE
0.4 yrs

Jeff Immelt

TITLE
Director
AGE
62
TENURE
0.4 yrs
Who owns this company?
Recent Insider Trading
  • Bloom Energy individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
19. Feb 20 Sell Randy Furr Individual 18. Feb 20 18. Feb 20 -8,400 €10.63 €-89,332
19. Feb 20 Sell Susan Brennan Individual 18. Feb 20 18. Feb 20 -2,745 €10.58 €-29,050
X
Management checks
We assess Bloom Energy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Bloom Energy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Bloom Energy Corporation designs, manufactures, and sells solid-oxide fuel cell systems for on-site power generation. The company offers Bloom Energy Server, a stationary power generation platform that converts standard low-pressure natural gas or biogas into electricity through an electrochemical process without combustion. It serves banking and financial services, cloud services, technology and data centers, communications and media, consumer packaged goods and consumables, education, government, healthcare, hospitality, logistics, manufacturing, real estate, retail, and utilities industries. The company was formerly known as Ion America Corp. and changed its name to Bloom Energy Corporation in September 2006. Bloom Energy Corporation was founded in 2001 and is headquartered in San Jose, California.

Details
Name: Bloom Energy Corporation
1ZB
Exchange: DB
Founded: 2001
$559,411,941
118,007,646
Website: http://www.bloomenergy.com
Address: Bloom Energy Corporation
4353 North First Street,
San Jose,
California, 95134,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE BE Class A Common Stock New York Stock Exchange US USD 25. Jul 2018
DB 1ZB Class A Common Stock Deutsche Boerse AG DE EUR 25. Jul 2018
Number of employees
Current staff
Staff numbers
1,524
Bloom Energy employees.
Industry
Heavy Electrical Equipment
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/01 02:35
End of day share price update: 2020/03/31 00:00
Last estimates confirmation: 2020/03/27
Last earnings filing: 2020/03/16
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.