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Clean Energy Technologies (CETY)
NASDAQ:CETY
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Clean Energy Technologies
(NASDAQ:CETY)
45Neutral
Clean Energy Technologies (CETY) vs. S&P 500 (SPY)
Market Cap
$23.34M
Dividend YieldN/A
Average Volume (3M)404.94K
Price to Earnings (P/E)―
Beta (1Y)0.38
Revenue Growth-54.59%
EPS Growth-504.44%
CountryUS
Employees25
SectorIndustrials
Sector Strength65
IndustryIndustrial - Machinery
Share Statistics
EPS (TTM)-0.16
Shares Outstanding46,695,637
10 Day Avg. Volume80,737
30 Day Avg. Volume404,938
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)5.29
Price to Cash Flow (P/CF)-6.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Clean Energy Technologies Business Overview & Revenue Model
Company DescriptionClean Energy Technologies (CETY) is a company focused on the development and commercialization of innovative clean energy solutions. Operating within the renewable energy sector, CETY specializes in waste heat recovery systems, biomass power generation, and other sustainable energy technologies. The company aims to provide efficient and environmentally friendly energy solutions to reduce carbon footprints and increase energy efficiency across various industries.
How the Company Makes MoneyClean Energy Technologies (CETY) generates revenue primarily through the sale and installation of its proprietary waste heat recovery systems and biomass power generation equipment. These systems are sold to industrial clients, utilities, and other organizations seeking to improve energy efficiency and reduce operational costs. Additionally, CETY may also engage in service contracts for maintenance and support of installed systems, offering a recurring revenue stream. The company may form strategic partnerships with other firms in the energy sector to expand its market reach and leverage complementary technologies, contributing to its earnings.
Clean Energy Technologies Financial Statement Overview
Summary
Clean Energy Technologies faces significant financial challenges, evident from declining revenues, persistent losses, and negative cash flows. Despite some balance sheet improvements, high leverage and ongoing operational inefficiencies pose risks. The company must focus on stabilizing revenues and improving profitability to enhance its financial standing.Income Statement
Clean Energy Technologies has shown inconsistent revenue performance with a significant drop in TTM (Trailing-Twelve-Months) revenue compared to the prior year. Gross profit margin has decreased from previous levels, indicating pressure on profitability. The net profit margin remains negative, reflecting ongoing losses. The company also faces declining EBIT and EBITDA margins, which point to operational challenges.45
Neutral
Balance Sheet
The company's balance sheet reflects a moderate financial position with a notable reduction in total assets and equity since the previous year. The debt-to-equity ratio is concerning, indicating significant leverage, although improved equity has balanced this somewhat. Return on equity is negative due to net losses, and the equity ratio suggests a relatively low proportion of equity in the asset base.50
Neutral
Cash Flow
Cash flow analysis reveals negative operating and free cash flows, indicating ongoing cash burn. The operating cash flow to net income ratio is negative, suggesting inefficient conversion of income into cash. Free cash flow growth remains negative, highlighting the need for improved cash management and operational efficiency.40
Negative
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 5.36M | 15.11M | 2.66M | 1.30M | 1.41M | 1.61M | Gross Profit |
| 301.23K | 1.09M | 1.17M | 610.41K | 751.07K | 657.23K | EBIT |
| -3.93M | -2.66M | -989.75K | -1.57M | -976.33K | -1.33M | EBITDA |
| -5.24M | -3.33M | 1.32M | 1.08M | -2.07M | -1.20M | Net Income Common Stockholders |
| -6.66M | -5.66M | 147.40K | -471.82K | -4.76M | -3.87M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 289.48K | 174.85K | 985.03K | 1.19M | 414.88K | 7.41K | Total Assets |
| 9.03M | 10.93M | 8.11M | 6.43M | 4.12M | 4.31M | Total Debt |
| 3.15M | 3.12M | 4.46M | 6.99M | 7.09M | 5.17M | Net Debt |
| 2.86M | 2.94M | 4.31M | 5.80M | 6.67M | 5.17M | Total Liabilities |
| 4.61M | 5.06M | 6.24M | 8.15M | 11.36M | 9.56M | Stockholders Equity |
| 4.41M | 5.11M | 1.88M | -1.70M | -7.24M | -5.25M |
| Cash Flow | Free Cash Flow | ||||
| -3.77M | -4.86M | -2.24M | -2.55M | -1.43M | -2.23M | Operating Cash Flow |
| -3.73M | -4.78M | -2.24M | -2.55M | -1.43M | -2.22M | Investing Cash Flow |
| -249.37K | -318.60K | -1.44M | -1.50M | 0.00 | -8.00K | Financing Cash Flow |
| 3.85M | 5.10M | 2.80M | 4.83M | 1.84M | 2.23M |
Clean Energy Technologies Technical Analysis
Negative
0.48
Price Trends
0.52
Negative
0.59
Negative
0.82
Negative
Market Momentum
>-0.01
Positive
44.72
Neutral
5.18
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CETY, the sentiment is Negative. The current price of 0.48 is below the 20-day moving average (MA) of 0.56, below the 50-day MA of 0.52, and below the 200-day MA of 0.82, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 44.72 is Neutral, neither overbought nor oversold. The STOCH value of 5.18 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CETY.
Clean Energy Technologies Risk Analysis
Clean Energy Technologies disclosed 32 risk factors in its most recent earnings report. Clean Energy Technologies reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Clean Energy Technologies Peers Comparison
Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $8.26B | 84.69 | 11.30% | ― | -41.92% | -76.24% | |
62 Neutral | $8.08B | 13.63 | 3.82% | 3.13% | 3.58% | -14.35% | |
59 Neutral | $4.90B | ― | -5.49% | ― | 10.53% | 90.76% | |
45 Neutral | C$485.45M | ― | -38.88% | ― | -30.80% | -84.41% | |
45 Neutral | $23.34M | ― | -161.00% | ― | -54.59% | -504.44% | |
45 Neutral | $97.05M | ― | -18.96% | ― | 11.09% | 0.41% | |
43 Neutral | $1.27B | ― | -90.88% | ― | -29.45% | -10.79% |
* Industrials Sector Average
Performance Comparison
CETY
Clean Energy Technologies
0.48
-1.08
-69.23%
ENPH
Enphase Energy
58.77
-62.01
-51.34%
FCEL
Fuelcell Energy
4.82
-29.38
-85.91%
PLUG
Plug Power
1.21
-1.94
-61.59%
BE
Bloom Energy
19.34
7.55
64.04%
TSE:BLDP
Ballard Power Systems
1.55
-2.78
-64.20%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.