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1. Company Snapshot

1.a. Company Description

Hyzon Motors Inc., a hydrogen mobility company, provides decarbonized solutions for commercial vehicles market and hydrogen supply infrastructure.The company focuses on assembling and supplying hydrogen-powered FCEVs, including heavy-duty (Class 8) trucks, medium-duty (Class 6) trucks, light-duty (Class 3 and 4) trucks, and 40 and 60-foot (12 and18-meter) city and coach buses to commercial vehicle operators; and building and fostering a clean hydrogen supply ecosystem with leading partners from feedstock through hydrogen production, dispensing, and financing.The company was founded in 2020 and is headquartered in Honeoye Falls, New York.

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1.b. Last Insights on HYZN

Hyzon Motors Inc.'s recent performance was negatively impacted by the company's decision to delist from the NASDAQ and expected SEC deregistration, announced on February 20, 2025. This move likely reflects the company's financial struggles and reduced investor confidence. Furthermore, the company's recent earnings release highlighted a decline in revenue and profitability, indicating a challenging business environment. Additionally, the absence of any notable product launches or strategic acquisitions in the recent quarter suggests a lack of momentum in the company's growth strategy.

1.c. Company Highlights

2. Transcript Summary

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3. NewsRoom

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HYZON ANNOUNCES DELISTING FROM NASDAQ AND EXPECTED SEC DEREGISTRATION

Feb -20

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HYZON ISSUES WORKER ADJUSTMENT AND RETRAINING NOTIFICATION

Dec -20

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HYZON RECEIVES ORDER FOR REFUSE COLLECTION AND CLASS 8 200KW FUEL CELL ELECTRIC TRUCKS FROM SOUTH SAN FRANCISCO SCAVENGER COMPANY

Dec -17

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HYZON ANNOUNCES SUCCESSFUL TRIAL COMPLETION OF NORTH AMERICA'S FIRST FUEL CELL POWERED REFUSE TRUCK WITH MT. DIABLO RESOURCE RECOVERY

Nov -14

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Hyzon Motors Inc. (HYZN) Q3 2024 Earnings Call Transcript

Nov -13

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HYZON ANNOUNCES THIRD QUARTER 2024 FINANCIAL AND OPERATING RESULTS

Nov -13

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HYZON ANNOUNCES DATE FOR THIRD QUARTER 2024 FINANCIAL RESULTS AND CONFERENCE CALL

Nov -08

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HYZON ANNOUNCES COMPLETION OF SUCCESSFUL TRIAL OF 200kW CLASS 8 FCEV TRUCK WITH IMC LOGISTICS

Nov -04

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (0.00%)

6. Segments

Hydrogen Fuel Cell-powered Commercial Vehicles

Expected Growth: 15.3%

Growing demand for sustainable transportation, increasing adoption of hydrogen fuel cell technology, and government incentives for eco-friendly vehicles drive the growth of Hyzon Motors' zero-emission commercial vehicles.

7. Detailed Products

Hyzon Fuel Cell Electric Vehicles

Hyzon Motors offers a range of fuel cell electric vehicles designed for heavy-duty applications, including trucks, buses, and coaches.

Hyzon Hydrogen Fuel Cell Systems

Hyzon provides hydrogen fuel cell systems for integration into various applications, including vehicles, stationary power, and material handling equipment.

Hyzon Hydrogen Refueling Solutions

Hyzon offers hydrogen refueling solutions, including mobile and stationary refueling stations, to support the growth of hydrogen infrastructure.

Hyzon Energy Storage Systems

Hyzon provides energy storage systems designed for heavy-duty applications, including grid-scale energy storage and renewable energy systems.

Hyzon Vehicle Conversion Services

Hyzon offers vehicle conversion services, converting diesel-powered vehicles to hydrogen fuel cell electric vehicles.

8. Hyzon Motors Inc.'s Porter Forces

Forces Ranking

Threat Of Substitutes

Hyzon Motors Inc. faces moderate threat from substitutes, as customers have limited alternatives for hydrogen fuel cell electric vehicles. However, the increasing adoption of battery electric vehicles could pose a threat in the long run.

Bargaining Power Of Customers

Hyzon Motors Inc. has a diverse customer base, which reduces the bargaining power of individual customers. Additionally, the company's focus on heavy-duty vehicles and buses limits the negotiating power of customers.

Bargaining Power Of Suppliers

Hyzon Motors Inc. relies on a few key suppliers for critical components, such as fuel cells and batteries. While the company has some bargaining power, suppliers may still exert pressure on prices and delivery terms.

Threat Of New Entrants

The hydrogen fuel cell electric vehicle market is still in its early stages, and new entrants may pose a significant threat to Hyzon Motors Inc. The company's intellectual property and established partnerships may help mitigate this threat, but new entrants could still disrupt the market.

Intensity Of Rivalry

The hydrogen fuel cell electric vehicle market is highly competitive, with several established players and new entrants vying for market share. Hyzon Motors Inc. faces intense competition from companies like Nikola Motors, Ballard Power Systems, and others.

9. SWOT Analysis

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 5.46%
Debt Cost 3.95%
Equity Weight 94.54%
Equity Cost 19.56%
WACC 18.71%
Leverage 5.78%

11. Quality Control: Hyzon Motors Inc. passed 3 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
Phoenix Motor

A-Score: 3.4/10

Value: 8.4

Growth: 8.0

Quality: 3.8

Yield: 0.0

Momentum: 0.0

Volatility: 0.0

1-Year Total Return ->

Stock-Card
RumbleON

A-Score: 3.3/10

Value: 8.0

Growth: 5.2

Quality: 2.9

Yield: 0.0

Momentum: 3.0

Volatility: 1.0

1-Year Total Return ->

Stock-Card
F45 Training

A-Score: 3.1/10

Value: 10.0

Growth: 3.7

Quality: 4.8

Yield: 0.0

Momentum: 0.0

Volatility: 0.0

1-Year Total Return ->

Stock-Card
Envirotech Vehicles

A-Score: 2.8/10

Value: 8.4

Growth: 5.2

Quality: 2.7

Yield: 0.0

Momentum: 0.0

Volatility: 0.3

1-Year Total Return ->

Stock-Card
LiveWire

A-Score: 2.5/10

Value: 6.0

Growth: 2.8

Quality: 3.6

Yield: 0.0

Momentum: 2.5

Volatility: 0.0

1-Year Total Return ->

Stock-Card
Hyzon Motors

A-Score: 2.4/10

Value: 6.0

Growth: 3.2

Quality: 3.5

Yield: 0.0

Momentum: 1.0

Volatility: 1.0

1-Year Total Return ->

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

0.64$

Current Price

0.64$

Potential

-0.00%

Expected Cash-Flows