Plug Power Inc
—- Market cap
- —
- Debt
- +$1.55B
- Cash
- −$368.54M
Complete market value, debt and cash evidence is required for enterprise value.
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: PLUG stock price vs PTCT: inconclusive — current versus $1.70 implied using P/S multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at PTCT's multiple
Implied fair value · at PLUG's multiple
Needs PLUG P/S.
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Lower is better
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: PLUG FY 2025 (ended Dec 31, 2025) · PTCT FY 2025 (ended Dec 31, 2025).
Trendline
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Complete market value, debt and cash evidence is required for enterprise value.
Capital structure 95% equity / 5% debt · EV / Revenue 2.38x · EV / EBITDA 5.50x
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
PLUG POWER INC · implied price per share
Latest annual free cash flow must be positive to qualify the filing-backed baseline.
PTC Therapeutics, Inc. · implied price per share
At least 3 of the last 5 annual free-cash-flow observations must be positive.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
1.58x
-1.40x
Net debt / EBITDA
Leverage against operating earnings
-0.81x
-2.21x
Cash and equivalents
Liquid reserves on the balance sheet
$368.54M
$1.95B
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
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PLUG vs ALNY
$1.55B
$286.63M
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