— Know what they know.
Not Investment Advice
Also trades as: CWR.L (LSE) · $vol 15M · CPWHF (OTC) · $vol 0M

CRPHY OTC

Ceres Power Holdings plc
1W: +0.0% 1M: +16.1% 3M: -18.0% YTD: +91.6% 1Y: +196.9% 3Y: +59.3% 5Y: -62.9%
$2.73
+0.20 (+8.10%)
 
Weekly Expected Move ±17.6%
$2 $2 $3 $3 $4
OTC · Industrials · Electrical Equipment & Parts · Tech Score Neutral · Power 50 · $1.2B mcap · 140M float · 0.017% daily turnover · Short 25% of daily vol

Financial Rating

Composite financial health rating (A+ to F) based on discounted cash flow valuation, return on equity, return on assets, debt-to-equity leverage, and relative P/E and P/B multiples.

D+
Oct 02, 2026
DCF
1
ROE
1
ROA
1
D/E
2
P/E
1
P/B
1
The Financial Rating evaluates six fundamental factors — discounted cash flow (DCF) valuation, return on equity (ROE), return on assets (ROA), debt-to-equity leverage (D/E), and relative price-to-earnings (P/E) and price-to-book (P/B) multiples — each scored 1–5. CRPHY receives an overall rating of D+. Areas of concern: DCF (1/5), ROE (1/5), ROA (1/5), D/E (2/5), P/E (1/5), P/B (1/5).
Rating Change History
DateFromTo
2026-10-02 C D+
2026-08-26 None ADDED
2026-08-25 EXISTED None
2026-06-01 None ADDED
2026-06-01 EXISTED None
2026-05-11 C- C
2026-04-14 None ADDED
2026-04-14 EXISTED None
2026-04-02 C C-
2026-03-30 C+ C

InsiderStreet Scorecard

Proprietary multi-factor scorecard rating companies across seven fundamental dimensions — profitability, balance sheet strength, earnings quality, growth, value, momentum, and safety — each scored 0–100.

★ ★ ★ ★ ★ — Grade D
Profitability
19
Balance Sheet
0
Earnings Quality
44
Growth
76
Value
—
Momentum
71
Safety
—
Cash Flow
30

Risk & Quality Signals

Academic financial models used by institutional investors to assess bankruptcy risk, earnings manipulation, financial strength, and credit quality.

Altman Z-Score
—
—
Piotroski F-Score
5/9
✗ ✗ ✓ ✓ ✓ ✓ ✗ ✗ ✓
Beneish M-Score
-3.03
Unlikely Manipulator
Ohlson O-Score
-4.29
Bankruptcy prob: 1.3%
Low Risk
Credit Rating
BBB-
Score: 51.0/100
Trend: Stable
Earnings Quality
—
OCF/NI: 0.63x
Accruals: -14.4%
The Piotroski F-Score (2000) is a 9-point binary checklist — four profitability tests (positive ROA, positive cash flow, improving ROA, cash flow exceeding net income), three leverage tests (declining debt ratio, improving current ratio, no share dilution), and two efficiency tests (improving gross margin, improving asset turnover). Each pass scores 1 point. CRPHY scores 5/9, indicating moderate financial health — some areas of strength offset by weaknesses in others. The Beneish M-Score (1999) is an 8-variable model that detects earnings manipulation by comparing year-over-year changes in receivables, gross margins, asset quality, sales growth, depreciation, SG&A, leverage, and accruals. Scores above −1.78 statistically resemble past manipulators. CRPHY's score of -3.03 falls below this threshold, suggesting earnings are unlikely to be manipulated. The Ohlson O-Score (1980) is a 9-variable logistic regression that estimates bankruptcy probability using firm size, leverage, working capital, current ratio, profitability (ROA), cash flow coverage, negative equity flag, consecutive losses flag, and earnings trajectory. The raw score is converted to a probability via logistic transformation. CRPHY's implied 1.3% bankruptcy probability is well within safe territory. Our Credit Rating model scores companies on five weighted components — solvency (30%), earning power (25%), leverage (20%), liquidity (15%), and cash flow quality (10%) — then blends the absolute score with sector and industry peer rankings. For companies with large buyback programs, equity is adjusted by adding back cumulative 5-year repurchases (capped at 80% of FCF generated) to avoid penalizing shareholder-friendly capital allocation. CRPHY receives an estimated rating of BBB- (score: 51.0/100), with a stable trend.

Valuation

Key valuation multiples comparing the stock's market price to its earnings, revenue, book value, and cash flows. Lower multiples may indicate relative undervaluation versus peers.

P/E
-19.04x
PEG
0.62x
P/S
26.79x
P/B
4.42x
P/FCF
—
P/OCF
—
EV/EBITDA
—
EV/Revenue
—
EV/EBIT
—
EV/FCF
—
Earnings Yield
—
FCF Yield
—
Shareholder Yield
—
Graham Number
—
Equity-based multiples (P/E, P/B, P/FCF) compare the stock price to per-share fundamentals and are affected by capital structure. Enterprise value multiples (EV/EBITDA, EV/Revenue, EV/FCF) strip out debt and cash, making them more useful for cross-company comparisons regardless of how companies are financed. The Graham Number — √(22.5 × EPS × Book Value) — is Benjamin Graham's formula for the maximum price a defensive investor should pay. CRPHY currently has negative earnings — the P/E ratio is not meaningful.

DuPont Decomposition (5-Factor)

The 5-factor DuPont framework breaks Return on Equity into its component drivers — tax efficiency, interest burden, operating profitability, asset utilization, and financial leverage — to reveal what truly drives shareholder returns.

Tax Burden
1.044
NI / EBT
×
Interest Burden
1.066
EBT / EBIT
×
EBIT Margin
-0.912
EBIT / Rev
×
Asset Turnover
0.386
Rev / Assets
×
Equity Multiplier
1.141
Assets / Equity
=
ROE
-44.6%
The 5-factor DuPont identity decomposes ROE as: Tax Burden × Interest Burden × EBIT Margin × Asset Turnover × Equity Multiplier = ROE. This reveals whether returns are driven by operating performance, financial leverage, or tax efficiency — three very different sources of profitability. CRPHY's ROE of -44.6% is driven by Asset Turnover (0.386), indicating efficient use of assets to generate revenue. A tax burden ratio of 1.04 indicates minimal tax leakage — the company retains over 90% of pre-tax earnings.

Graham-Dodd Adjusted Valuation

Our adaptation of Graham's growth formula (Fair P/E = 8.5 + 2g) from The Intelligent Investor. The classic version relies on analyst growth projections, which can be unreliable. This adjusted model substitutes the company's realized 3-year EPS CAGR — a backward-looking, verifiable measure of actual earnings power — grounding the valuation in demonstrated performance rather than forecasts.

Two adjustments we make, and why. Growth is capped at 15%. Graham defined g as expected growth over the next seven to ten years, not last year's rate. Across US companies since 1994 the median realized 7-year EPS growth is 5–8% regardless of how fast a company grew beforehand, and of 4,457 company-quarters that grew faster than 200%, none sustained it. Uncapped, the formula assigned fair multiples in the hundreds to companies that had never held that rate — and scored worse than simply reading the P/E. Capped, it carries real information. The verdict has three states, not two. Tested over 377,249 stock-months, this ratio only separates outcomes at its extremes: below 0.25 beat the universe by 1.3 points a year, above 3.0 lagged by 2.7, and everything in between sat inside a one-point band. Rather than call two-thirds of the market "undervalued" on a threshold of 1.0, we say Neutral where the model cannot tell — which is most of the time.

Adj. Growth Rate
0.00%
Fair P/E
8.50x
Intrinsic Value
—
Price/Value
—
Margin of Safety
—
Premium
—

Profitability Trends

Historical profitability ratios tracking how efficiently the company converts revenue into returns for shareholders over time.

Leverage & Solvency Trends

Debt and liquidity metrics showing the company's financial leverage and ability to meet short-term and long-term obligations.

Efficiency & Working Capital Trends

Operating efficiency metrics measuring how quickly the company converts inventory to sales, collects receivables, and manages its cash conversion cycle.

Growth Trends (YoY %)

Year-over-year growth rates for key financial metrics, showing the trajectory of revenue, earnings, and cash flow generation.

Earnings Stability

R-squared of linear regression measuring how predictably revenue, earnings, and margins follow a trend over the trailing 5 years. 1.0 = perfectly predictable; lower values indicate erratic or cyclical behavior.

Monte Carlo Price Simulation

Geometric Brownian Motion with 1,000 antithetic paths over 1 year, seeded from 1287 days of historical volatility. Percentile bands show the range of statistically plausible outcomes — this is a statistical model, not a forecast.

Current Price
$2.74
Median 1Y
$1.18
5th Pctile
$0.17
95th Pctile
$8.19
Ann. Volatility
108.9%
25th–75th percentile 5th–95th percentile Median path Historical
All Ratios & Metrics

Complete fundamental data with up to 20 periods of history, sparkline trends, and current values across 13 categories and 130+ financial metrics.

Profitability
Metric Trend Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
ROE -2.2% -7.6% -17.2% -28.5% -34.1% -43.0% -41.2% -42.5% -43.5% -52.5% -44.6% -44.63%
ROA -2.1% -7.1% -15.8% -25.4% -31.4% -39.2% -36.7% -37.2% -37.5% -43.0% -39.1% -39.12%
ROIC -16.8% -49.2% -95.4% -1.1% -1.5% 9.1% 28.6% 39.1% 89.9% -2.3% -2.9% -2.90%
ROCE -2.5% -8.1% -17.9% -29.8% -42.8% -58.0% -55.8% -53.4% -52.7% -63.2% -36.9% -36.92%
Gross Margin 71.6% 59.3% 55.2% 58.0% 56.5% 60.7% 80.3% 73.9% 78.8% 34.7% 62.6% 62.57%
Operating Margin -46.3% -1.2% -2.6% -2.2% -2.7% 8.0% -48.3% -75.1% -88.5% -2.5% -64.2% -64.24%
Net Margin -38.3% -1.1% -2.4% -1.8% -2.3% -2.5% -44.3% -67.1% -93.1% -2.4% -74.2% -74.23%
EBITDA Margin -27.8% -92.6% -2.1% -1.7% -2.1% -2.4% -34.8% -26.2% -62.2% -2.0% -43.1% -43.08%
FCF Margin -1.1% -1.0% -1.5% -1.9% -2.2% -2.5% -1.6% -1.2% -76.5% -74.5% -72.8% -72.84%
OCF Margin -77.4% -65.7% -99.3% -1.3% -1.5% -1.8% -1.1% -82.4% -55.7% -56.6% -64.0% -64.01%
ROE 3Y Avg snapshot only -37.19%
ROA 3Y Avg snapshot only -32.74%
ROIC 3Y Avg snapshot only -26.32%
ROIC Economic snapshot only -32.83%
Cash ROA snapshot only -23.80%
Cash ROIC snapshot only -2.34%
CROIC snapshot only -2.67%
NOPAT Margin snapshot only -79.19%
Pretax Margin snapshot only -97.18%
R&D / Revenue snapshot only 1.17%
SGA / Revenue snapshot only 42.37%
SBC / Revenue snapshot only 0.54%
Valuation
Metric Trend Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
P/E Ratio — — — — — — — — — — — -19.043
P/S Ratio — — — — — — — — — — — 26.789
P/B Ratio — — — — — — — — — — — 4.420
P/FCF — — — — — — — — — — — —
P/OCF — — — — — — — — — — — —
EV/EBITDA — — — — — — — — — — — —
EV/Revenue — — — — — — — — — — — —
EV/EBIT — — — — — — — — — — — —
EV/FCF — — — — — — — — — — — —
Earnings Yield — — — — — — — — — — — —
FCF Yield — — — — — — — — — — — —
PEG Ratio snapshot only 0.623
Leverage & Solvency
Metric Trend Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Current Ratio 23.66 17.39 12.62 10.62 8.24 7.74 6.48 5.98 5.37 3.27 10.54 10.538
Quick Ratio 23.66 17.18 12.26 10.34 8.08 7.60 6.23 5.85 5.25 3.17 10.40 10.396
Debt/Equity 0.01 0.01 0.01 0.01 0.01 0.01 0.02 0.01 0.02 0.02 0.01 0.011
Net Debt/Equity -0.87 -0.86 -0.84 -0.77 -0.75 -0.76 -0.73 -0.65 -0.75 -0.75 -0.89 -0.887
Debt/Assets 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.02 0.02 0.01 0.010
Debt/EBITDA -0.68 -0.17 -0.07 -0.05 -0.04 -0.03 -0.03 -0.03 -0.05 -0.05 -0.04 -0.039
Net Debt/EBITDA 54.17 13.87 5.75 3.03 2.02 1.48 1.51 1.50 1.81 1.56 3.26 3.259
Interest Coverage -36.80 -73.33 -112.80 -134.99 -202.87 -176.99 -192.57 -125.41 -134.53 -172.77 -137.15 -137.151
Equity Multiplier 1.06 1.07 1.09 1.12 1.13 1.14 1.17 1.18 1.21 1.35 1.12 1.117
Cash Ratio snapshot only 9.853
Debt Service Coverage snapshot only -98.459
Cash to Debt snapshot only 84.283
FCF to Debt snapshot only -28.431
Defensive Interval snapshot only 494.2 days
Efficiency & Turnover
Metric Trend Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Asset Turnover 0.05 0.10 0.14 0.20 0.17 0.18 0.26 0.33 0.42 0.48 0.39 0.386
Inventory Turnover — 3.32 2.07 3.50 10.78 6.30 3.16 4.95 6.42 7.87 6.65 6.648
Receivables Turnover 4.73 7.08 8.70 4.33 8.62 11.45 10.60 6.72 13.58 9.14 16.85 16.850
Payables Turnover 2.08 4.30 3.26 4.17 6.00 6.22 3.60 6.17 7.07 9.53 6.59 6.588
DSO 77 52 42 84 42 32 34 54 27 40 22 21.7 days
DIO 0 110 177 104 34 58 116 74 57 46 55 54.9 days
DPO 175 85 112 88 61 59 101 59 52 38 55 55.4 days
Cash Conversion Cycle -98 77 107 101 15 31 49 69 32 48 21 21.2 days
Fixed Asset Turnover snapshot only 5.264
Operating Cycle snapshot only 76.6 days
Cash Velocity snapshot only 0.463
Capital Intensity snapshot only 2.689
Growth (YoY)
Metric Trend Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Revenue — — — — 1.8% 44.4% 56.4% 40.3% 78.3% 90.0% 25.2% 25.16%
Net Income — — — — -12.2% -3.6% -97.9% -23.7% 12.6% 23.7% 9.2% 9.20%
EPS — — — — -11.4% -3.6% -95.7% -22.8% 13.2% 24.3% 11.1% 11.06%
FCF — — — — -4.6% -2.5% -62.9% 14.7% 38.0% 43.6% 41.6% 41.60%
EBITDA — — — — -15.5% -4.3% -1.1% -13.3% 28.7% 44.1% 36.6% 36.58%
Op. Income — — — — -11.5% 1.2% 1.3% 1.3% 1.4% -16.8% -5.8% -5.79%
OCF Growth snapshot only 26.25%
Asset Growth snapshot only 7.72%
Equity Growth snapshot only 12.56%
Debt Growth snapshot only -22.18%
Shares Change snapshot only 2.09%
Growth Quality
Metric Trend Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Revenue Stability — — — — — — — — 1.00 0.93 0.99 0.990
Earnings Stability — — — — — — — — 0.63 0.46 0.59 0.586
Margin Stability — — — — — — — — 0.86 0.89 0.96 0.964
Rev. Growth Consistency 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.50 1.00 1.00 1.00 1.000
Earn. Growth Consistency 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.500
FCF Positive Streak 0 0 0 0 0 0 0 0 0 0 0 0
Earnings Persistence — — — — — — — — 0.95 0.91 0.96 0.963
Earnings Smoothness — — — — — — — — — — — —
ROE Trend — — — — — — — — -0.35 -0.39 -0.07 -0.074
Gross Margin Trend — — — — — — — — 0.11 0.10 0.00 0.003
FCF Margin Trend — — — — — — — — 0.88 1.03 0.80 0.801
Sustainable Growth Rate — — — — — — — — — — — —
Internal Growth Rate — — — — — — — — — — — —
Cash Flow Quality
Metric Trend Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
OCF/Net Income 2.02 0.94 0.90 1.06 0.82 0.83 0.78 0.74 0.62 0.63 0.63 0.631
FCF/OCF 1.39 1.59 1.51 1.43 1.47 1.36 1.44 1.40 1.37 1.32 1.14 1.138
FCF/Net Income snapshot only 0.718
CapEx/Revenue 30.5% 38.8% 50.5% 56.9% 70.1% 66.4% 37.0% 24.4% 12.9% 10.1% 8.8% 8.83%
CapEx/Depreciation snapshot only 0.343
Accruals Ratio 0.02 -0.00 -0.02 0.02 -0.06 -0.07 -0.08 -0.10 -0.14 -0.16 -0.14 -0.144
Sloan Accruals snapshot only 0.098
Cash Flow Adequacy snapshot only -7.248
Dividends & Buybacks
Metric Trend Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Dividend Yield — — — — — — — — — — — 0.00%
Dividend/Share $0.47 $0.45 $0.45 $0.45 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Payout Ratio — — — — — — — — — — — —
FCF Payout Ratio — — — — — — — — — — — —
Total Payout Ratio — — — — — — — — — — — —
Div. Increase Streak 0 0 0 0 — — — — — — — —
Chowder Number — — — — — — — — — — — —
Buyback Yield — — — — — — — — — — — —
Net Buyback Yield — — — — — — — — — — — —
Total Shareholder Return — — — — — — — — — — — —
DuPont Factors
Metric Trend Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Tax Burden (NI/EBT) 0.85 0.92 0.94 0.92 0.95 0.97 0.99 1.04 1.05 1.05 1.04 1.044
Interest Burden (EBT/EBIT) 1.03 1.01 1.01 1.01 0.98 0.95 0.91 0.94 0.98 1.01 1.07 1.066
EBIT Margin -0.44 -0.75 -1.17 -1.36 -1.97 -2.43 -1.54 -1.14 -0.88 -0.84 -0.91 -0.912
Asset Turnover 0.05 0.10 0.14 0.20 0.17 0.18 0.26 0.33 0.42 0.48 0.39 0.386
Equity Multiplier 1.06 1.07 1.09 1.12 1.09 1.10 1.12 1.14 1.16 1.22 1.14 1.141
Per Share
Metric Trend Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
EPS (Diluted TTM) $-0.02 $-0.06 $-0.12 $-0.17 $-0.22 $-0.26 $-0.23 $-0.21 $-0.19 $-0.19 $-0.20 $-0.20
Book Value/Share $0.82 $0.74 $0.68 $0.61 $0.55 $0.47 $0.44 $0.40 $0.35 $0.28 $0.48 $0.49
Tangible Book/Share $0.80 $0.71 $0.65 $0.57 $0.51 $0.42 $0.39 $0.35 $0.30 $0.23 $0.45 $0.45
Revenue/Share $0.05 $0.08 $0.11 $0.14 $0.12 $0.12 $0.16 $0.19 $0.22 $0.22 $0.20 $0.09
FCF/Share $-0.05 $-0.08 $-0.16 $-0.26 $-0.27 $-0.29 $-0.26 $-0.22 $-0.17 $-0.16 $-0.15 $-0.08
OCF/Share $-0.04 $-0.05 $-0.11 $-0.18 $-0.18 $-0.21 $-0.18 $-0.16 $-0.12 $-0.12 $-0.13 $-0.07
Cash/Share $0.72 $0.64 $0.58 $0.48 $0.42 $0.36 $0.33 $0.27 $0.27 $0.21 $0.43 $0.44
EBITDA/Share $-0.01 $-0.05 $-0.10 $-0.15 $-0.20 $-0.24 $-0.21 $-0.17 $-0.14 $-0.13 $-0.13 $-0.13
Debt/Share $0.01 $0.01 $0.01 $0.01 $0.01 $0.01 $0.01 $0.01 $0.01 $0.01 $0.01 $0.01
Net Debt/Share $-0.71 $-0.63 $-0.57 $-0.47 $-0.41 $-0.36 $-0.32 $-0.26 $-0.26 $-0.21 $-0.43 $-0.43
Academic Models
Metric Trend Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Altman Z-Score — — — — — — — — — — — —
Piotroski F-Score 1 2 2 1 2 3 3 3 3 3 5 5
Beneish M-Score — — — — -1.22 -3.20 -1.50 -2.28 -3.36 -0.40 -3.03 -3.031
Ohlson O-Score snapshot only -4.293
ROIC (Greenblatt) snapshot only -39.99%
Net-Net WC snapshot only $0.41
EVA snapshot only $-64867780.59
Credit
Metric Trend Q2'21 Q4'21 Q2'22 Q4'22 Q2'23 Q4'23 Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Credit Rating snapshot only BBB-
Credit Score 51.00 51.00 51.00 51.00 51.00 51.00 51.00 51.00 51.00 51.00 51.00 51.000
Credit Grade snapshot only 10
Credit Trend snapshot only 0.000
Implied Spread (bps) snapshot only 350.000

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms