Chart Industries Intrinsic Value Calculation – Chart Industries and FuelCell Energy Partner to Accelerate Decarbonization and Hydrogen Technology

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Chart Industries ($NYSE:GTLS), a leading global manufacturer of energy and cryogenic equipment for a range of industries, have recently announced a partnership with FuelCell Energy in order to accelerate the decarbonization of energy technology and the development of hydrogen technologies. The partnership was formalized with a Memorandum of Understanding (MOU) that was signed by both companies. Chart Industries is a leading manufacturer in cryogenic equipment and related industrial gas products for a wide range of applications. They specialize in the production, storage, and distribution of liquid nitrogen, oxygen, argon, carbon dioxide, and hydrogen around the world.

In addition to these products, Chart Industries also produces fuel cells for stationary power generation and fuel cell stacks for vehicle propulsion. FuelCell Energy is a leading fuel cell manufacturer specialized in the production of stationary power generation and vehicle propulsion systems. With this partnership, they plan to work together to create more efficient energy solutions that will reduce emissions and provide more sustainable sources of energy.

Share Price

The news saw CHART INDUSTRIES stock open at $116.4 and close at $119.8, signifying a 3.8% increase from its previous closing price of $115.4. This partnership will focus on providing technology to the energy industry to reduce carbon emissions while also creating jobs, investments, and economic development. Both companies will leverage their respective expertise to develop solutions such as fuel cells, electrolyzers, and hydrogen storage systems.

This collaboration is expected to create new opportunities for the industry and will help them to achieve their long-term sustainability goals. The partnership is likely to benefit both companies in the long run, creating a mutually beneficial relationship. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Chart Industries. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Chart Industries. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Chart Industries. More…

Key Ratios Snapshot

Some of the financial key ratios for Chart Industries are shown below. More…

Analysis – Chart Industries Intrinsic Value Calculation

We at GoodWhale conducted an analysis of CHART INDUSTRIES‘ wellbeing, to gauge the fair value of its stock. Our proprietary Valuation Line indicated that the fair value of CHART INDUSTRIES share is around $157.6. However, currently, the stock is traded at $119.8, which is 24.0% lower than the fair value. We recommend investors to take advantage of this situation and consider investing in CHART INDUSTRIES stock. More…

Peers

It is a publicly traded company with a market capitalization of over $4 billion. Chart is a global leader in its field, and its major competitors include Cargotec Oyj, Tennant Co, and Flowserve Corp. All four companies have significant presence in the industrial gas and energy markets, offering quality products and services to their customers.

– Cargotec Oyj ($LTS:0MGH)

Cargotec Oyj is a global provider of cargo and load handling solutions, services and technologies. The company operates in over 120 countries, primarily through its three business segments: Kalmar, Hiab, and MacGregor. As of 2022, Cargotec has a market capitalization of 2.66 billion euros and a return on equity of 5.68%. Cargotec’s return on equity is a measure of the company’s ability to generate income from its shareholders’ equity. A higher return on equity means that the company is more efficient at using its equity to generate profits. This strong financial performance is indicative of the company’s commitment to providing quality cargo handling solutions.

– Tennant Co ($NYSE:TNC)

Tenant Co is a diversified real estate services and investment firm that provides property management, leasing, construction, and development services to a variety of clients. The company has a market cap of 1.17 billion as of 2022, placing it in the upper tier of global real estate firms. Tenant Co’s return on equity (ROE) stands at 10.32%, indicating that the firm is successfully utilizing its shareholders’ equity to generate earnings. This is a strong indicator of the company’s financial health and successful management compared to its peers.

– Flowserve Corp ($NYSE:FLS)

Flowserve Corporation is a global provider of industrial flow management products and services. The company designs, manufactures, and services pumps, seals, valves, automation, and other related products for the global oil and gas, chemical, power, and water industries. As of 2022, the company has a market cap of 4.04 billion and a return on equity of 5.76%. This signifies that for every dollar in shareholders’ equity, the company generates 5.76 cents of net income. This is an indication of Flowserve’s efficiency in utilizing its assets to generate profits and create value for its shareholders. The company’s strong market cap and return on equity reflect its ability to generate profits for its shareholders and remain competitive in the industrial flow management products and services sector.

Summary

Chart Industries recently signed a Memorandum of Understanding (MoU) with FuelCell Energy to collaborate on decarbonization and hydrogen technology. This announcement caused Chart Industries’ stock to rise significantly the same day. Investors may see this as an opportunity for Chart Industries to benefit from the growing demand for decarbonization and hydrogen technologies.

Additionally, the MoU could result in new revenue streams in the near future, as well as potential cost savings in the long run. This news could also allow Chart Industries to boost its presence in the global market, potentially leading to greater profitability and share price gains in the near future.