EN DE

Hydrogen Engine Center, Inc (HYEG) Fair Value & Analysis

Industrials · US · Market cap $6.6M

HE Hydrogen Engine Center, Inc logo Hydrogen Engine Center, Inc HYEG · US
Price$0.0400
Fair Value$0.0539
Upside+34.8%
Quality53/100
Watch Hydrogen Engine Center, Inc for free, get notified when fair value or trend changes. Watch for free
Mixed Growth
Low debt · generates free cash flow
Mixed vs. peers (5/9)
Narrow moat 10/100
Evidence: Medium Range $0.0465 – $0.0613 Share as image

Fair value as of: Jul 29, 2026

From 16 valuation models · updated 12 days ago

Fair value updated Jul 29, 2026, revised from $0.0538 to $0.0539 (+0.3%) since Jun 26, 2026. Share price −20.0% over the past month.

A solid business, screening 35% undervalued on our models.

What matters now

  • The price is below even our cautious bear case ($0.0465). The market is more pessimistic than our downside scenario.
  • Solid quality (53/100) at a price below fair value, the discount is the argument here, not the business quality.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

$0.3800 $0.0001 Fair Value $0.0539 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 29, 2026.

How to read this chart

60‑month range $0.0001 – $0.3800 · fair‑value band $0.0465 – $0.0613 · the $0.0400 price screens below the $0.0539 fair value. Dashed = 300-day average. As of Jul 29, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Hydrogen Engine Center, Inc (HYEG) currently trades at $0.0400, while our model-based Fair Value estimate is $0.0539, implying the stock looks roughly 34.8% undervalued today. The Quality Score stands at 53/100 (solid quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Trailing-twelve-month revenue stands at $1.4M. Revenue grew 127.4% year over year. The balance sheet holds a net cash position of $1.6M. Fundamentals as of Jul 29, 2026

Our scenario range runs from $0.0465 (bear case) to $0.0613 (bull case); at $0.0400, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 60% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at 35%, HYEG screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF $0.2600 $0.4200 $0.6600 80
Growth-Adj P/E $0.7400 $1.05 $1.37 68
P/E Multiple $0.3600 $0.4800 $0.6000 63
All 16 models by family
DCF Models
FCF DCF $0.2800 $0.3900 $0.7000 38
Owner Earnings $0.2800 $0.5300 $0.9800 31
5Y Revenue Exit $0.1100 $0.1200 $0.1600 39
5Y P/E Exit $0.3400 $0.7400 $1.28 38
10Y Revenue Exit $0.1700 $0.2400 $0.2600 36
10Y P/E Exit $0.3200 $0.6700 $1.25 35
Earnings-Based
Graham-Dodd $0.1600 $1.09 $1.53 54
Lynch FV $0.5600 $0.8000 $1.04 50
PEG = 1.0 $0.5600 $0.8000 $1.04 46
Multiples
P/E Multiple $0.3600 $0.4800 $0.6000 63
P/B Multiple $0.2900 $0.3900 $0.4900 55
EV/Revenue $0.0100 $0.0100 $0.0100 43
Asset-Based
NCAV (Graham) $0.0700 $0.0900 $0.1300 50
Growth DCF
Growth DCF $0.2600 $0.4200 $0.6600 80
Economic Profit
Residual Income $0.1300 $0.1600 $0.3600 61
Growth Earnings
Growth-Adj P/E $0.7400 $1.05 $1.37 68

Widest divergence: Growth Earnings ($1.05) versus Asset-Based ($0.0900). Highest evidence: Growth DCF (80).

Notify me when HYEG reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) $1.4M
Revenue growth (YoY) +127%
Net margin -247%
Return on equity -169%
Free cash flow $2.5M FY2025
Operating margin -218%
More key figures
EPS (TTM) $-0.1200
Net cash $1.6M FY2025

Figures from reported company fundamentals · as of Jul 29, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 53/100

Of which business quality 61 · Market factors (momentum, volatility) 16

Profitability 53
Margins and returns on capital today
Quality Growth 71
Are margins and returns improving?
Cashflow 83
Earnings quality: real cash, not paper profit
Fin. Strength 69
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 21
Price trend over the last 3–12 months (market factor)
52W Momentum 28
Distance to the 52-week high (market factor)
Net Issuance 40
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Hydrogen Engine Center, Inc., an alternative energy company, manufactures and installs power generation systems and engines for use in the types of distributive power applications. The company's products include generators and wet-sleeve engines.

Full company description

Hydrogen Engine Center, Inc., an alternative energy company, manufactures and installs power generation systems and engines for use in the types of distributive power applications. The company's products include generators and wet-sleeve engines. It serves power generation, agriculture, airport service vehicles, stranded power, and transportation markets; and industrial clients that use alternative fuels, such as hydrogen, natural gas, anhydrous ammonia, methanol, propane, syn-gas, landfill gas and other alternative fuels. The company was founded in 2005 and is based in Greeneville, Tennessee.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2008 – FY2025 · reported fiscal years

Hydrogen Engine Center, Inc reported revenue of $146K in FY2018 versus $1.4M in FY2008, a compound −20.0%/yr. Reported net income was $2.5M in FY2025.

Growth Quality 79/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2018)
$146K
Latest YoY
+247.2%
Avg. growth/yr (14Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+15.5%
Revenue −20.0%/yr
FY08 $1.4M
FY15 $0
FY16 $0
FY17 $42.1K
FY18 $146K
Net income
FY16 −$1.6M
FY17 −$1.6M
FY18 −$544K
FY24 $494K
FY25 $2.5M

Watch HYEG: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Hydrogen Engine Center, Inc Fair Value". https://www.fairvalue-calculator.com/stock/HYEG

Peer Group

Electrical Equipment & Parts · 526 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 53 · Above median
Fair Value upside +25% · Top 25%
Return on assets -41% · Bottom 25%
Revenue growth 127% · Top 25%
Debt / equity 0.09× · Higher than median

Valuation Multiples vs Electrical Equipment & Parts median · lower = cheaper

P/B 0.45× · Cheaper than 75% of peers
P/S (TTM) 4.85× · Pricier than 75% of peers
P/FCF 2.6× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 67 · sector 0
FUTURE 100 · sector 57
PAST 0 · sector 26
HEALTH 96 · sector 97
DIVIDEND 0 · sector 18

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Jul 29, 2026).

Stock Price Fair Value vs Fair Value
Contemporary Amperex Technology Co 3750 HK$675.50 HK$391.44 -42%
ABB Ltd ABBN CHF 83.82 CHF 35.46 -58%
Delta Electronics (Thailand) Public Company TDED 10.16 SGD 1.47 SGD -86%
LG Energy Solution, Ltd 373220 334,000 KRW 201,455 KRW -40%
WEG S.A WEGE3 13,210 ARS 7,948 ARS -40%
Sungrow Power Supply Co 300274 ¥114.79 ¥123.83 +8%
Shenzhen Inovance Technology Co 300124 ¥63.43 ¥33.04 -48%
HD Hyundai Electric Co 267260 823,000 KRW 371,133 KRW -55%
LS ELECTRIC Co 010120 190,000 KRW 31,517 KRW -83%
Sieyuan Electric Co 002028 ¥151.73 ¥71.69 -53%

Compare Hydrogen Engine Center, Inc with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Hydrogen Engine Center, Inc (HYEG) overvalued or undervalued?
As of Jul 29, 2026, our model estimates a fair value of $0.0539 versus a price of $0.0400, about +35% (undervalued).
What is the fair value of HYEG?
Our model-based fair value for Hydrogen Engine Center, Inc is $0.0539 (as of Jul 29, 2026), built from audited fundamentals. The current price is $0.0400.
What is the quality score of HYEG?
Hydrogen Engine Center, Inc has a Quality Score of 53/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Hydrogen Engine Center, Inc (HYEG)?
Hydrogen Engine Center, Inc reported trailing-twelve-month revenue of about $1.4M (latest available figure, as of Jul 29, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

14 days Pro free · no card

Track Hydrogen Engine Center, Inc and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.