Despite the weak revenue results, FCEL has outperformed against the industry average of 20.7%.Compared to other companies in the Electrical Equipment industry and the overall market, FUELCELL ENERGY INC's return on equity significantly trails that of both the industry average and the S&P 500.
This is a signal of significant strength within the corporation. The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior.But due to other concerns, we feel the stock is still not a good buy right now. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. Naturally, the overall market trend is bound to be a significant factor. Investors have so far failed to pay much attention to the earnings improvements the company has managed to achieve over the last quarter.