Obermatt

ITM Power

LSE:ITM · GB00B0130H42
Electrical EquipmentSmall

360

10
Profit price89
Owner Earnings Yield1
Dividend Yield1
Price/Sales3
Price/Book20
Return on Capital18
Cash Return on Capital14
Return on Equity18
EBIT Margin10
Gross Profitability6
Accruals81
Owner Earnings Margin12
Sales growth92
Profit Growth4
Long-Term EPS Growth1
Reinvestment85
Price momentum83
Debt load89
Refinancing14
Debt Payback1
Liquidity8
Analyst ratings55
Opinion Changes50
Price Target Upside30
Market mood18
Value Creation6/20not creating value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

ITM Power doesn't consistently earn more than its cost of capital, so it isn't yet creating shareholder value.

Profile

CountryUK
IndustryElectrical Equipment
SizeSmall
TypePublic Company
ExchangeAIM
Founded2004
Employees234
ISINGB00B0130H42
Last UpdateApr 2, 2026
Index & Theme
CleanTechEnergy StorageClean EnergyClimateTechElectric Vehicle Charging InfrastructureHydrogenEnergyManufacturing

Description

ITM Power PLC engages in the development and manufacture of integrated hydrogen energy solutions for energy storage and clean fuel applications. The company’s electrolysis technology harnesses renewable energy sources to generate hydrogen, which can…

Analysis

Weak and unloved

ITM Power Plc scores below average on quality and is priced accordingly, a low-conviction position in either direction.

Valuation data is not available for this company.

Growth is moderate; the safety picture is stretched. The company scores 6/20 on our value-creation score: not creating value.

Flags to be aware of: Some accounting patterns deserve a closer look. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
28
2023202420252026

All-time high

34

Jan 2025

All-time low

20

Jan 2023

Average rank

28

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
3
9
3
1
Price/Earnings
93
70
70
10
Price/Book
20
67
67
24
Dividend Yield
1
1
1
1
Value (overall)
22
27
32
12

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →