(HYLN) Hyliion Holdings - Overview
Sector: Consumer Cyclical | Industry: Auto Parts | Exchange: NYSE MKT (USA) | Market Cap: 1.068m USD | Total Return: 425.4% in 12m
Avg Turnover: 4.65M
Qual. Beats: 0
Rev. Trend: 55.5%
Qual. Beats: 1
Warnings
Altman Z'' -15.00 < 1.0 - financial distress zone
Overextended 3d Choppy
Tailwinds
Rs(ibd) Leader, Idiosyncratic Leader, Tailwind
Hyliion Holdings Corp. (HYLN) is a Texas-based industrial firm specializing in the development of the KARNO power generator. This technology utilizes a fuel-agnostic approach, allowing the module to operate on various energy sources including natural gas, hydrogen, ammonia, and waste gases. The company focuses on both stationary power generation and mobile applications to support decentralized energy infrastructure.
The business model centers on distributed generation, which reduces reliance on the centralized power grid by producing electricity at the point of consumption. This sector is increasingly focused on fuel flexibility to bridge the transition between traditional hydrocarbons and zero-carbon alternatives. For a deeper look at the companys fundamentals, you may find ValueRays analysis helpful. Hyliion operates within the industrial machinery sub-industry, where engineering efficiency and fuel versatility are primary competitive drivers.
- KARNO generator commercialization and first revenue recognition milestones
- Expansion of fuel-agnostic technology into utility and data center markets
- Strategic pivot from electric powertrains to stationary power generation
- Cash burn rate and liquidity runway for KARNO manufacturing scale-up
| Net Income: -51.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.33 > 0.02 and ΔFCF/TA -4.65 > 1.0 |
| NWC/Revenue: 1.26k% < 20% (prev 2.60k%; Δ -1.34k% < -1%) |
| CFO/TA -0.24 > 3% & CFO -45.3m > Net Income -51.7m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 10.09 > 1.5 & < 3 |
| Outstanding Shares: last quarter (177.7m) vs 12m ago 1.91% < -2% |
| Gross Margin: -112.7% > 18% (prev -0.01%; Δ -11.3k% > 0.5%) |
| Asset Turnover: 2.70% > 50% (prev 1.90%; Δ 0.80% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBITDA TTM and Interest Expense TTM) |
| A: 0.38 (Total Current Assets 81.4m - Total Current Liabilities 8.07m) / Total Assets 190.8m |
| B: -1.15 (Retained Earnings -218.7m / Total Assets 190.8m) |
| C: -0.28 (EBIT TTM -60.4m / Avg Total Assets 215.9m) |
| D: -24.23 (Book Value of Equity -218.7m / Total Liabilities 9.03m) |
| Altman-Z'' = -28.54 = D |
| DSRI: 1.20 (Receivables 3.03m/1.99m, Revenue 5.82m/4.57m) |
| GMI: 1.00 (fallback, negative margins) |
| AQI: 1.09 (AQ_t 0.36 / AQ_t-1 0.33) |
| SGI: 1.27 (Revenue 5.82m / 4.57m) |
| TATA: -0.03 (NI -51.7m - CFO -45.3m) / TA 190.8m) |
| Beneish M = -2.65 (Cap -4..+1) = A |
As of May 25, 2026, the stock is trading at USD 5.99 with a total of 20,156,959 shares traded.
Over the past week, the price has changed by +28.27%,
over one month by +211.98%,
over three months by +201.01% and
over the past year by +425.44%.
Hyliion Holdings has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold HYLN.
- StrongBuy: 0
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 5 | -16.5% |
P/S = 183.5992
P/B = 5.878
Revenue TTM = 5.82m USD
EBIT TTM = -60.4m USD
EBITDA TTM = -53.5m USD
Long Term Debt = 912k USD (estimated: total debt 3.72m - short term 2.80m)
Short Term Debt = 2.80m USD (from shortTermDebt, last quarter)
Debt = 3.72m USD (from shortLongTermDebtTotal, last quarter) (leases 3.72m already included)
Net Debt = -68.8m USD (calculated: Debt 3.72m - CCE 72.5m)
Enterprise Value = 999.4m USD (1.07b + Debt 3.72m - CCE 72.5m)
Interest Coverage Ratio = unknown (Ebit TTM -60.4m / Interest Expense TTM 0.0)
EV/FCF = -15.73x (Enterprise Value 999.4m / FCF TTM -63.6m)
FCF Yield = -6.36% (FCF TTM -63.6m / Enterprise Value 999.4m)
FCF Margin = -1.09k% (FCF TTM -63.6m / Revenue TTM 5.82m)
Net Margin = -888.1% (Net Income TTM -51.7m / Revenue TTM 5.82m)
Gross Margin = -112.7% ((Revenue TTM 5.82m - Cost of Revenue TTM 12.4m) / Revenue TTM)
Gross Margin QoQ = -67.06% (prev none%)
Tobins Q-Ratio = 5.24 (Enterprise Value 999.4m / Total Assets 190.8m)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 3.72m)
Taxrate = 21.0% (US default 21%)
NOPAT = -47.7m (EBIT -60.4m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 10.09 (Total Current Assets 81.4m / Total Current Liabilities 8.07m)
Debt / Equity = 0.02 (Debt 3.72m / totalStockholderEquity, last quarter 181.7m)
Debt / EBITDA = 1.29 (negative EBITDA) (Net Debt -68.8m / EBITDA -53.5m)
Debt / FCF = 1.08 (negative FCF - burning cash) (Net Debt -68.8m / FCF TTM -63.6m)
Total Stockholder Equity = 198.4m (last 4 quarters mean from totalStockholderEquity)
RoA = -23.94% (Net Income -51.7m / Total Assets 190.8m)
RoE = -12.39% (Net Income TTM -51.7m / Total Stockholder Equity 417.1m)
RoCE = -14.45% (EBIT -60.4m / Capital Employed (Equity 417.1m + L.T.Debt 912k))
RoIC = -25.72% (negative operating profit) (NOPAT -47.7m / Invested Capital 185.5m)
WACC = 15.61% (E(1.07b)/V(1.07b) * Re(15.66%) + D(3.72m)/V(1.07b) * Rd(0.0%) * (1-Tc(0.21)))
Discount Rate = 15.66% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 4.84 | Cagr: -0.74%
[DCF] Fair Price = unknown (Cash Flow -63.6m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.41 | # QB: 0
Revenue Correlation: 55.48 | Revenue CAGR: 119.0% | SUE: 2.34 | # QB: 1
EPS current Quarter (2026-06-30): EPS=-0.09 | Chg30d=N/A | Revisions=N/A | Analysts=1
EPS next Quarter (2026-09-30): EPS=-0.09 | Chg30d=N/A | Revisions=N/A | Analysts=1
EPS current Year (2026-12-31): EPS=-0.38 | Chg30d=N/A | Revisions=N/A | GrowthEPS=-15.5% | GrowthRev=+211.7%
EPS next Year (2027-12-31): EPS=-0.27 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+28.9% | GrowthRev=+276.9%