Tearsheet

Clean Energy Technologies (CETY)

Market Price (12/22/2025): $0.8562 | Market Cap: $0.3 Mil
Sector: Industrials | Industry: Industrial Machinery & Supplies & Components

Clean Energy Technologies (CETY)

Market Price (12/22/2025): $0.8562
Market Cap: $0.3 Mil
Sector: Industrials
Industry: Industrial Machinery & Supplies & Components

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0	Valuation becoming less expensive P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -96%	Weak multi-year price returns 2Y Excs Rtn is -141%	Penny stock Mkt Price is 0.9
1	Megatrend and thematic drivers Megatrends include Circular Economy & Recycling. Themes include Waste-to-Energy Solutions.		Not profitable at operating income level Op Inc LTMOperating Income, Last Twelve Months is -2.7 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -119%
2			Debt is significant Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 1015%
3			Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -32%
4			Not cash flow generative CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -306%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -306%
5			Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -1689%
6			High stock price volatility Vol 12M is 1350%
7			Significant short interest Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 436%
8			Key risks CETY key risks include [1] substantial doubt about its ability to continue as a going concern, Show more.

0	Valuation becoming less expensive P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -96%
1	Megatrend and thematic drivers Megatrends include Circular Economy & Recycling. Themes include Waste-to-Energy Solutions.
2	Weak multi-year price returns 2Y Excs Rtn is -141%
3	Penny stock Mkt Price is 0.9
4	Not profitable at operating income level Op Inc LTMOperating Income, Last Twelve Months is -2.7 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -119%
5	Debt is significant Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 1015%
6	Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -32%
7	Not cash flow generative CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -306%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -306%
8	Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -1689%
9	High stock price volatility Vol 12M is 1350%
10	Significant short interest Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 436%
11	Key risks CETY key risks include [1] substantial doubt about its ability to continue as a going concern, Show more.

Valuation, Metrics & Events

	12/22/25	2024	2023	2022	2021
Share Price CYE	$0.86	$9.20	$22.50	$0.30	$0.30
Market Cap CYE ($ Mil)	0.3	27.6	58.7	0.7	0.5
Total Debt ($ Mil)	3.7	4.3	2.8	4.5	7.0
Total Cash ($ Mil)	1.1	0.1	1.1	1.0	1.2
Enterprise Value ($ Mil)	2.9	31.9	61.5	5.2	7.5
Valuation Ratios
P/S TTM	0.1	0.7	0.6	0.0	0.0
P/EBIT TTM	-0.2	-0.5	-1.1	0.0	0.0
P/E TTM	-0.1	-0.4	-0.7	0.2	0.0
P/FCF TTM	-0.0	-0.5	-0.8	-0.0	-0.0
Sector Ratios
P/S TTM (Sector)	1.6	1.5	1.4	1.1	1.6
P/EBIT TTM (Sector)	12.7	11.8	11.2	9.1	12.2
P/E TTM (Sector)	17.1	16.5	15.4	12.1	16.0
P/FCF TTM (Sector)	13.3	13.3	12.1	8.5	13.8

	12/22/25	2024	2023
Share Price CYE	$0.86	$9.20	$22.50
Market Cap CYE ($ Mil)	0.3	27.6	58.7
Total Debt ($ Mil)	3.7	4.3	2.8
Total Cash ($ Mil)	1.1	0.1	1.1
Enterprise Value ($ Mil)	2.9	31.9	61.5
Valuation Ratios
P/S TTM	0.1	0.7	0.6
P/EBIT TTM	-0.2	-0.5	-1.1
P/E TTM	-0.1	-0.4	-0.7
P/FCF TTM	-0.0	-0.5	-0.8
Sector Ratios
P/S TTM (Sector)	1.6	1.5	1.4
P/EBIT TTM (Sector)	12.7	11.8	11.2
P/E TTM (Sector)	17.1	16.5	15.4
P/FCF TTM (Sector)	13.3	13.3	12.1

	CETY	S&P 500
REVENUE GROWTH
Rev LTM ($ Bil)	0.0
Rev Chg Q	228.9%	7.3%
Rev Chg LTM	-32.1%	6.0%
Rev Chg 3Y Avg	3.2%	5.5%
PROFITABILITY	VERY POOR
Op Inc LTM ($ Bil)	-0.0
CFO LTM ($ Bil)	-0.0
Net Inc LTM ($ Bil)	-0.0
Op Mgn LTM	-119.5%	18.8%
CFO/Rev LTM	-306.3%	20.4%
Net Inc Mgn	-192.3%	13.1%
VALUATION	VERY LOW
P/S	0.1	3.2
P/CFO	-0.0	15.5
P/FCF	-0.0	20.7
P/E	-0.1	23.5
STABILITY	POOR
Debt/Equity	14.49	0.21
Cash/Assets	0.07	0.07

AI Generated Analysis | Feedback

Metric	Value	Date	Source
Vermont Renewable Gas Project - Engineering, Procurement, and Construction (EPC) Contract Value	12000000	10162025	Link
Vermont Renewable Gas Project - Operations and Maintenance Agreement Value	20000000	4302025	Link
Vermont Renewable Gas Project - Power Generation Capacity	2.2 MW	10162025	Link
Qymera Project - Monobore Geothermal Technology Order Value	500000	4302025	Link

null

CETY Stock

Return (1M):

Why The Stock Moved

Qualitative Assessment

AI Generated Analysis | Feedback

Clean Energy Technologies (CETY) experienced a substantial decline in its stock price between August 31, 2025, and December 22, 2025, driven by several key factors.

1. The 1-for-15 Reverse Stock Split and Negative Market Reaction: Clean Energy Technologies enacted a 1-for-15 reverse stock split, effective October 6, 2025, primarily to regain compliance with Nasdaq's minimum bid price requirement. This corporate action, often viewed by investors as a signal of financial distress, resulted in a significant premarket stock tumble and exacerbated investor skepticism.

2. Persistent Bearish Sentiment and Technical Sell Signals: Throughout the specified period, CETY's stock was characterized by strong bearish sentiment and consistent "sell" signals across various technical analysis indicators, including short and long-term Moving Averages. A pronounced sell signal, issued from a pivot top point on October 13, 2025, marked the beginning of a sustained and significant decline.

3. Deteriorating Financial Performance in Q3 2025: The company's Q3 2025 financial report revealed a 7% year-over-year decrease in revenue for the nine months ending September 30, 2025, and a net loss exceeding $3.5 million. Furthermore, the report highlighted significant operating losses, with an EBIT margin of -79.1% and an EBITDA margin of -8.8%, underscoring ongoing challenges with profitability.

4. Escalating Operating Expenses and Liquidity Concerns: Despite an improvement in gross profit margin, CETY faced increasing operating expenses, particularly a sharp rise in professional fees and a more than doubling of interest and financing fees. The company also grappled with liquidity issues, evident from drastic shifts in cash standing and free cash flow, indicating a growing disparity between internal capital generation and the need for external financial inputs.

5. High-Risk Profile as a Micro-Cap Stock: As of December 18, 2025, Clean Energy Technologies maintained a modest market capitalization of approximately $4.53 million, categorizing it as a micro-cap stock. This status inherently designates the stock as "very high risk" due to its elevated volatility and often low trading volume, which likely amplified the downward pressure during periods of unfavorable news or general market apprehension.

Show less

Stock Movement Drivers

Fundamental Drivers

The -80.0% change in CETY stock from 9/21/2025 to 12/21/2025 was primarily driven by a -98.8% change in the company's P/S Multiple.

	9212025	12212025	Change
Stock Price ($)	4.35	0.87	-79.96%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1.74	2.28	30.87%
P/S Multiple	9.29	0.11	-98.77%
Shares Outstanding (Mil)	3.72	0.30	91.96%
Cumulative Contribution			-96.91%

LTM = Last Twelve Months as of date shown

Market Drivers

9/21/2025 to 12/21/2025

	Return	Correlation
CETY	-80.0%
Market (SPY)	2.5%	7.2%
Sector (XLI)	1.8%	9.2%

Fundamental Drivers

The -77.2% change in CETY stock from 6/22/2025 to 12/21/2025 was primarily driven by a -98.4% change in the company's P/S Multiple.

	6222025	12212025	Change
Stock Price ($)	3.83	0.87	-77.20%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1.70	2.28	33.96%
P/S Multiple	6.98	0.11	-98.36%
Shares Outstanding (Mil)	3.11	0.30	90.37%
Cumulative Contribution			-95.82%

LTM = Last Twelve Months as of date shown

Market Drivers

6/22/2025 to 12/21/2025

	Return	Correlation
CETY	-77.2%
Market (SPY)	14.8%	4.4%
Sector (XLI)	9.8%	6.0%

Fundamental Drivers

The -90.6% change in CETY stock from 12/21/2024 to 12/21/2025 was primarily driven by a -79.0% change in the company's P/S Multiple.

	12212024	12212025	Change
Stock Price ($)	9.24	0.87	-90.56%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	3.36	2.28	-32.08%
P/S Multiple	0.54	0.11	-79.01%
Shares Outstanding (Mil)	0.20	0.30	-51.05%
Cumulative Contribution			-93.02%

LTM = Last Twelve Months as of date shown

Market Drivers

12/21/2024 to 12/21/2025

	Return	Correlation
CETY	-90.6%
Market (SPY)	16.1%	2.1%
Sector (XLI)	17.8%	3.2%

Fundamental Drivers

The 194.4% change in CETY stock from 12/22/2022 to 12/21/2025 was primarily driven by a 82.4% change in the company's Shares Outstanding (Mil).

	12222022	12212025	Change
Stock Price ($)	0.30	0.87	194.36%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	3.00	2.28	-23.96%
P/S Multiple	0.17	0.11	-32.03%
Shares Outstanding (Mil)	1.70	0.30	82.44%
Cumulative Contribution			-5.71%

LTM = Last Twelve Months as of date shown

Market Drivers

12/22/2023 to 12/21/2025

	Return	Correlation
CETY	-96.1%
Market (SPY)	46.8%	2.0%
Sector (XLI)	40.7%	2.8%

Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
CETY Return	3%	0%	0%	7494%	-59%	-91%	202%
Peers Return	�	�	-10%	-9%	-16%	-4%	�
S&P 500 Return	16%	27%	-19%	24%	23%	16%	112%
Monthly Win Rates [3]
CETY Win Rate	25%	0%	0%	33%	17%	25%
Peers Win Rate	�	64%	47%	50%	52%	55%
S&P 500 Win Rate	58%	75%	42%	67%	75%	73%
Max Drawdowns [4]
CETY Max Drawdown	-27%	0%	0%	0%	-67%	-98%
Peers Max Drawdown	�	�	-25%	-31%	-30%	-34%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: CLNE, MNTK, AMRC, WM, RSG.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/19/2025 (YTD)

How Low Can It Go

Unique Key	Event	CETY	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-68.0%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	212.1%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	Not Fully Recovered days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-68.2%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	214.3%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	1,100 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-44.7%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	80.8%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	35 days	120 days

Compare to GGG, GHM, PH, ITW, GWW

In The Past

Clean Energy Technologies's stock fell -68.0% during the 2022 Inflation Shock from a high on 3/24/2023. A -68.0% loss requires a 212.1% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Clean Energy Technologies (CETY)

Clean Energy Technologies, Inc. designs, produces, and markets clean energy products and integrated solutions focused on energy efficiency and renewable. It operates through three segments: Clean Energy HRS, CETY Europe, and Electronic Assembly. The company's principal product is the Clean Cycle, a generator that captures waste heat from various sources and turns it into electricity. It also offers a range of electrical, mechanical, and software engineering services; and supply chain management services. The company was formerly known as Probe Manufacturing, Inc. and changed its name to Clean Energy Technologies, Inc. in November 2015. The company was founded in 1993 and is headquartered in Costa Mesa, California. Clean Energy Technologies, Inc. is a subsidiary of MGW Investments I Limited.

AI Generated Analysis | Feedback

Here are 1-2 brief analogies for Clean Energy Technologies (CETY):

Like a specialized Siemens or Honeywell for industrial energy, focused on turning waste heat into clean electricity and developing other niche renewable projects.
Imagine Bloom Energy for industrial customers, but instead of fuel cells, they generate clean power from waste heat.

AI Generated Analysis | Feedback

Thermal Gasifier System (TGS): Converts various waste materials into clean syngas for power generation or industrial applications.
Carbon Capture Systems: Technologies designed to capture carbon dioxide emissions from industrial sources.
Heat Recovery Systems: Solutions aimed at recovering waste heat to improve energy efficiency in industrial processes.

AI Generated Analysis | Feedback

Clean Energy Technologies (CETY) primarily sells its products and services to other companies (B2B).

Based on the company's most recent financial disclosures (Form 10-K for the fiscal year ended December 31, 2022), Clean Energy Technologies does not have any single customer that accounted for 10% or more of its net sales. Therefore, there are no individually named "major customers" that meet this threshold to list.

However, CETY's customer base consists of industrial facilities, power plants, and other commercial enterprises globally that seek to reduce energy costs and environmental impact through waste heat recovery and biomass drying solutions. These companies operate in various sectors, including but not limited to:

Industrial facilities that generate significant waste heat, such as those in cement, steel, glass manufacturing, and chemical processing.
Power generation plants, including those utilizing geothermal, biomass, or requiring waste heat recovery from gas turbines, reciprocating engines, or other industrial processes.
Companies in the Oil & Gas industry that can benefit from waste heat recovery applications to improve efficiency and reduce emissions.
Businesses in the Marine industry looking for energy efficiency solutions.

AI Generated Analysis | Feedback

null

AI Generated Analysis | Feedback

Kambiz Mahdi, Chairman & Chief Executive Officer

Kambiz Mahdi, also known as Kam, is a co-founder of Clean Energy Technologies, Inc. (formerly known as Probe Manufacturing Inc.) and has served as its Chief Executive Officer since July 2009. He also serves as the Chairman of the company. From 2010 to December 2015, Mr. Mahdi served as the CEO of Probe Manufacturing, an electronics manufacturing and product development accelerator. His vision for creating a product development accelerator led to Clean Energy Technologies' acquisition of the General Electric Heat Recovery Solutions.

Calvin Pang, Chief Financial Officer and Director

Calvin Pang has served as the Chief Financial Officer of Clean Energy Technologies, Inc. since March 2020 and as a director since February 2018. He has also been the Managing Director of Megawell Capital Limited since 2015. As CFO, Mr. Pang is responsible for overseeing all financial aspects of the organization, including financial planning, reporting, risk management, and capital allocation.

Lance Woolley, Director of Operations

Lance Woolley is the Director of Operations at Clean Energy Technologies, Inc. and has been involved with CETY and its Heat Recovery Solutions (HRS) segment since 2011. He is responsible for managing and optimizing all operational processes, including manufacturing, supply chain management, project execution, and facility management.

Alexander Skorokhodov, Director of Technology

Alexander Skorokhodov serves as the Director of Technology (also referred to as Director of Engineering) at Clean Energy Technologies, Inc. He has served as Director of Engineering since October 2022. In this role, Mr. Skorokhodov is responsible for overseeing all aspects of the company's technological roadmap, research and development initiatives, and intellectual property management.

AI Generated Analysis | Feedback

Key Risks to Clean Energy Technologies (CETY)

Financial Viability and Going Concern: Clean Energy Technologies faces substantial risks related to its financial condition, including consistent operating losses, negative cash flows, and an accumulated deficit. Independent accountants have issued a "going concern" opinion, indicating significant doubt about the company's ability to continue operations without securing additional financing.
Shareholder Dilution: The company heavily relies on issuing new equity to fund its working capital and operational needs, which has led to and is expected to continue causing substantial dilution for existing shareholders.
Market Volatility and Small Market Capitalization: CETY's stock has experienced high volatility and has underperformed the broader market and its industry. The company also has a relatively small market capitalization, which contributes to its instability and exposes it to risks such as potential delisting from Nasdaq due to non-compliance with listing requirements.

AI Generated Analysis | Feedback

null

AI Generated Analysis | Feedback

Clean Energy Technologies (CETY) operates in several markets with significant addressable market sizes:

Waste Heat Recovery Solutions:
- Globally, the waste heat recovery market was valued at approximately USD 54.88 billion in 2023 and is projected to reach USD 102.41 billion by 2030, growing at a compound annual growth rate (CAGR) of 8.8% from 2024 to 2030. Another estimate places the global market at USD 84.70 billion in 2024, with a projection to reach USD 172.53 billion by 2032 at a CAGR of 9.30%.
- In the U.S., the waste heat recovery system market is expected to grow at a CAGR of 9.3% from 2024 to 2030. The U.S. waste heat recovery boiler market reached USD 11,452.0 million in 2024 and is expected to grow to USD 21,214.0 million by 2033, exhibiting a CAGR of 7.09% during 2025-2033.
Waste to Energy Solutions:
- The global waste to energy market was estimated at USD 42.5 billion in 2024 and is projected to reach USD 68.0 billion by 2030, growing at a CAGR of 8.3% from 2025 to 2030. Another report indicates the global market size was USD 48.06 billion in 2024 and is anticipated to reach around USD 92.95 billion by 2034, with a CAGR of 6.81% from 2025 to 2034.
- The U.S. waste to energy market is valued at around USD 8.11 billion in 2025 and is projected to reach USD 14.19 billion by 2032, with a CAGR of approximately 8.32% during 2026-2032. Another estimate for the U.S. market projects growth to USD 3.49 billion by 2032.
Energy Efficient Solutions for AI Data Centers and Crypto Miners:
- U.S. data centers consumed 183 terawatt-hours (TWh) of electricity in 2024, with this consumption expected to double by 2030.
- Globally, data centers are projected to consume 460 TWh in 2024, increasing to over 1,000 TWh by 2030. Renewable energy is anticipated to be the fastest-growing electricity source for data centers, with an average annual growth rate of 22% between 2024 and 2030, potentially meeting nearly 50% of the incremental demand.
Advanced Battery Storage Systems:
- The global battery energy storage system market is calculated at USD 10.16 billion in 2025 and is predicted to reach approximately USD 86.87 billion by 2034, expanding at a CAGR of 26.92% over the forecast period 2025 to 2034. Another source estimates the global market at USD 76.69 billion in 2025, and it is expected to reach USD 172.17 billion by 2030, at a CAGR of 17.56%.
- The U.S. battery energy storage system market size was estimated at USD 711.9 million in 2023 and is expected to reach USD 4.4 billion by 2030, with a CAGR of 30.5% from 2024 to 2030. Another projection for the U.S. market is USD 3.35 billion in 2025, reaching around USD 29.10 billion by 2034, growing at a CAGR of 27.12%.
Engineering, Consulting and Project Management Solutions: null

AI Generated Analysis | Feedback

Expected Revenue Growth Drivers for Clean Energy Technologies (CETY)

Clean Energy Technologies (CETY) is poised for future revenue growth over the next 2-3 years, driven by several strategic initiatives and expansions in key markets:

Expansion into AI Data Center and Cryptocurrency Mining Energy Solutions: Clean Energy Technologies announced its intention to develop energy-efficient solutions specifically for artificial intelligence (AI) data centers and cryptocurrency mining operations. The company is evaluating a range of solutions, including AI-driven energy management systems, battery storage, and cooling technology. This strategic move targets a rapidly expanding market, as U.S. data center electricity consumption is projected to double by 2030. CETY plans to leverage its existing expertise in waste heat recovery and waste-to-energy technologies to capture opportunities within this growing sector.
Growth in Renewable Natural Gas (RNG) Systems and Projects: CETY is actively engaged in the design, development, and operation of renewable natural gas (RNG) systems. These systems capture methane emissions from agricultural and organic waste, converting them into pipeline-quality RNG. A notable example of this focus is the advancement of the Vermont Renewable Gas Project, which aims to deliver clean power from agricultural sources. This emphasis on RNG projects contributes to revenue growth through the development and deployment of sustainable energy solutions.
Strategic Collaboration for DeepFyre™ Geothermal Power Systems: A significant driver for future revenue is the strategic collaboration between Clean Energy Technologies, Inc. and Qymera Global Energy to advance DeepFyre™ Geothermal Power Systems worldwide. This partnership introduces a new product and service offering with global market potential, expanding CETY's portfolio of clean energy solutions.
Continued Deployment and Expansion of Waste Heat Recovery and Waste-to-Energy Solutions: Clean Energy Technologies' core business includes Waste Heat Recovery Solutions, which utilize its patented Clean Cycle^TM generator to produce electricity, and Waste-to-Energy Solutions, which convert industrial, agricultural, and wastewater treatment waste into electricity and BioChar. The ongoing adoption and expansion of these proven technologies into new customer segments and geographic regions are expected to be consistent revenue contributors.

AI Generated Analysis | Feedback

Share Repurchases

No significant share repurchases have been made, with reports showing $0.00 million for the trailing twelve months ended June 2025 and as of December 30, 2024.

Share Issuance

Clean Energy Technologies completed an Initial Public Offering (IPO) on March 1, 2023, issuing 1,100,000 shares and raising $5 million.
The number of shares outstanding has increased by 19.20% in one year.
Shareholders have experienced substantial dilution in the past year.

Inbound Investments

Clean Energy Technologies, Inc. received $0.6365 million in funding from Mast Hill.

Capital Expenditures

Specific dollar values for capital expenditures are not readily available, with some financial statements indicating "n/a" for this category.
The company is evaluating and developing energy-efficient solutions for AI data centers and crypto miners, with a focus on AI-driven energy management systems, battery storage, and cooling technology.

Better Bets than Clean Energy Technologies (CETY)

	CETY	Better Performance than CETY
Metric	Value	INDUSTRY: Industrial Machinery & Supplies & Components
Rev Chg LTM	-32.1%	XYL (5.6%), GWW (4.8%), OTIS (0.7%), PH (0.2%), ITW (-0.4%)
Rev Chg 3Y Avg	3.2%	XYL (18.9%), IR (9.4%), PH (7.4%), GWW (6.3%), HUBB (5.7%)
Op Mgn LTM	-119.5%	ITW (26.2%), PH (20.7%), OTIS (14.8%), GWW (14.1%), XYL (13.9%)
CFO/Rev LTM	-306.3%	ITW (20.6%), PH (19.0%), XYL (14.3%), GWW (11.5%), OTIS (10.3%)
FCF/Rev LTM	-306.3%	ITW (17.9%), PH (16.9%), XYL (10.4%), OTIS (9.2%), GWW (6.9%)
Total Yield	-1685.2%	ITW (6.6%), OTIS (5.8%), PH (4.1%), GWW (4.0%), XYL (4.0%)
P/S	0.1
P/Op Inc	-0.1

	CETY	Better Performance than CETY
Metric	Value	SECTOR: Industrials
Rev Chg LTM	-32.1%	UBER (18.2%), GE (17.7%), GEV (9.4%), RTX (8.8%), CAT (-1.5%)
Rev Chg 3Y Avg	3.2%	UBER (19.6%), GE (15.7%), BA (10.1%), RTX (9.4%), CAT (4.9%)
Op Mgn LTM	-119.5%	GE (20.5%), CAT (17.7%), RTX (10.3%), UBER (9.2%), GEV (3.7%)
CFO/Rev LTM	-306.3%	UBER (18.1%), CAT (17.8%), GE (17.2%), RTX (9.3%), GEV (9.1%)
FCF/Rev LTM	-306.3%	UBER (17.5%), GE (14.7%), CAT (11.7%), GEV (6.6%), RTX (5.5%)
Total Yield	-1685.2%	UBER (10.1%), CAT (4.4%), RTX (4.1%), GE (2.5%), GEV (1.1%)
P/S	0.1	KELYA (0.1), JELD (0.1), MAN (0.1), ALTG (0.1), TBI (0.1)
P/Op Inc	-0.1

	CETY	Better Performance than CETY
Metric	Value	ALL OTHER SECTORS
Rev Chg LTM	-32.1%	NVDA (65.2%), MSFT (15.6%), GOOGL (13.4%), AMZN (10.9%), AAPL (6.0%)
Rev Chg 3Y Avg	3.2%	NVDA (91.6%), META (17.3%), MSFT (13.2%), AMZN (11.3%), GOOGL (11.0%)
Op Mgn LTM	-119.5%	NVDA (58.8%), MSFT (46.3%), GOOGL (32.2%), AAPL (31.9%), AMZN (11.4%)
CFO/Rev LTM	-306.3%	MSFT (50.0%), NVDA (44.4%), GOOGL (39.3%), AAPL (26.6%), AMZN (18.1%)
FCF/Rev LTM	-306.3%	NVDA (41.3%), MSFT (26.6%), AAPL (23.5%), GOOGL (19.1%), AMZN (2.0%)
Total Yield	-1685.2%	GOOGL (3.6%), MSFT (3.6%), AMZN (2.9%), AAPL (2.8%), NVDA (2.3%)
P/S	0.1	BLSH (0.0), SNEX (0.0), PAGP (0.1), CNC (0.1), INGM (0.1)
P/Op Inc	-0.1

		Best Bets In Industrials Sector
	CETY	GATX	VRSK	PAYX	ADT	AGX	AME	PCTY	TDG	FTV	VRRM
What You Pay
P/E	-0.1	19.8	33.0	24.4	10.4	37.5	31.9	37.7	35.8	30.2	69.1
P/EBIT	-0.2	9.5	22.5	17.7	5.2	37.6	25.4	27.1	17.7	14.7	20.5
What You Get
Rev Chg Q	228.9%	8.4%	5.9%	10.2%	4.4%	-2.3%	10.8%	12.5%	11.5%	2.3%	16.1%
Rev Chg LTM	-32.1%	10.7%	7.3%	5.6%	6.3%	13.5%	3.7%	13.3%	11.2%	27.9%	8.5%
Rev Chg 3Y Avg	3.2%	10.3%	13.4%	6.5%	3.4%	26.9%	5.9%	21.4%	17.7%	9.4%	9.1%
FCF/Rev 3Y Avg	-164.9%	39.2%	33.2%	31.6%	24.7%	24.5%	23.2%	21.5%	21.0%	20.1%	19.0%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 16%, alpha of 4.2%, and sharpe of 0.76

Latest Trefis Analyses

	Title	Topic
0	DASHBOARDS
1	Day 7 of Loss Streak for Clean Energy Technologies Stock with -42% Return (vs. -85% YTD) [11/7/2025]	Notification
2	Would You Still Hold Clean Energy Technologies Stock If It Fell Another 30%?	Return

	Title
0	ARTICLES

Trade Ideas

Select past ideas related to CETY. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
CNM_11212025_Dip_Buyer_FCFYield	11212025	CNM	Core & Main	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	18.0%	18.0%	-1.6%
VRRM_11212025_Dip_Buyer_FCFYield	11212025	VRRM	Verra Mobility	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	3.7%	3.7%	-1.2%
LII_11212025_Dip_Buyer_ValueBuy	11212025	LII	Lennox International	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	6.8%	6.8%	0.0%
ADP_11212025_Monopoly_xInd_xCD_Getting_Cheaper	11212025	ADP	Automatic Data Processing	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	2.6%	2.6%	-1.2%
CW_11212025_Quality_Momentum_RoomToRun_10%	11212025	CW	Curtiss-Wright	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	3.6%	3.6%	-0.4%

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
CNM_11212025_Dip_Buyer_FCFYield	11212025	CNM	Core & Main	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	18.0%	18.0%	-1.6%
VRRM_11212025_Dip_Buyer_FCFYield	11212025	VRRM	Verra Mobility	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	3.7%	3.7%	-1.2%
LII_11212025_Dip_Buyer_ValueBuy	11212025	LII	Lennox International	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	6.8%	6.8%	0.0%
ADP_11212025_Monopoly_xInd_xCD_Getting_Cheaper	11212025	ADP	Automatic Data Processing	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	2.6%	2.6%	-1.2%
CW_11212025_Quality_Momentum_RoomToRun_10%	11212025	CW	Curtiss-Wright	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	3.6%	3.6%	-0.4%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
LUNR	Intuitive Machines	1.8	37.7%	-17.7%
GTN-A	Gray Media	1.1	30.9%	55.5%
FOLD	Amicus Therapeutics	4.4	30.2%	50.5%
FLY	Firefly Aerospace	3.5	22.8%
CRWV	CoreWeave	40.4	22.6%
EVMN	Evommune	0.5	21.6%
EWTX	Edgewise Therapeutics	2.7	20.8%	-4.3%
FBYD	Falcons Beyond Global	0.7	19.9%	125.4%
ONDS	Ondas	1.4	18.2%	260.2%
BMRN	BioMarin Pharmaceutical	11.7	17.7%	-7.0%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
LW	Lamb Weston	6.2	-25.9%	-32.5%
BB	BlackBerry	2.2	-12.9%	-0.3%
IRON	Disc Medicine	2.8	-11.5%	26.2%
NKE	Nike	86.7	-10.5%	-20.6%
TLRY	Tilray Brands	11.8	-9.6%	-16.1%
OLMA	Olema Pharmaceuticals	2.4	-9.3%	379.1%
KBH	KB Home	3.8	-8.5%	-11.2%
PAHC	Phibro Animal Health	1.5	-7.8%	80.2%
EEX	Emerald	0.9	-7.7%	-1.3%
GETY	Getty Images	0.5	-7.4%	-41.7%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
FBYD	Falcons Beyond Global	0.7	60.2%	125.4%
DJT	Trump Media & Technology	4.5	51.1%	-52.8%
GTN-A	Gray Media	1.1	40.6%	55.5%
FOLD	Amicus Therapeutics	4.4	34.4%	50.5%
EEX	Emerald	0.9	27.4%	-1.3%
LUNR	Intuitive Machines	1.8	24.8%	-17.7%
QURE	uniQure	1.3	23.0%	35.8%
RIVN	Rivian Automotive	27.4	21.9%	68.8%
PHAT	Phathom Pharmaceuticals	1.3	20.4%	115.9%
TE	T1 Energy	1.0	20.2%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
NOW	ServiceNow	32.2	-82.0%	-26.7%
LWLG	Lightwave Logic	0.4	-28.0%	42.4%
LW	Lamb Weston	6.2	-26.3%	-32.5%
INSP	Inspire Medical Systems	2.8	-26.1%	-47.9%
BETR	Better Home & Finance	0.5	-21.1%	269.6%
FDMT	4D Molecular Therapeutics	0.5	-19.9%	55.8%
VSTM	Verastem	0.6	-19.3%	50.1%
CGEM	Cullinan Therapeutics	0.6	-18.8%	-20.5%
USAR	USA Rare Earth	1.4	-18.8%	46343.0%
BW	Babcock & Wilcox Enterprises	0.5	-17.6%	198.8%

1 Month Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
WVE	WAVE Life Sciences	2.6	132.3%	29.2%
TE	T1 Energy	1.0	122.5%
VERA	Vera Therapeutics	3.3	79.4%	21.1%
FTRE	Fortrea	1.6	76.7%	-4.9%
ARWR	Arrowhead Pharmaceuticals	9.5	74.9%	262.6%
ANF	Abercrombie & Fitch	5.8	73.7%	-19.0%
ALMS	Alumis	0.9	71.8%	43.6%
LUNR	Intuitive Machines	1.8	70.5%	-17.7%
VSCO	Victoria's Secret	4.5	63.0%	36.9%
PL	Planet Labs PBC	5.8	62.7%	374.8%

1 Month Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
RZLT	Rezolute	0.2	-82.6%	-63.9%
JANX	Janux Therapeutics	0.9	-52.1%	-74.2%
FRMI	Fermi	5.9	-50.1%
LENZ	LENZ Therapeutics	0.5	-36.6%	-37.7%
GOGO	Gogo	0.6	-34.9%	-44.0%
LWLG	Lightwave Logic	0.4	-34.0%	42.4%
BETR	Better Home & Finance	0.5	-32.1%	269.6%
IMSR	Terrestrial Energy	0.7	-30.8%
ORIC	ORIC Pharmaceuticals	0.6	-30.0%	-0.4%
PBF	PBF Energy	3.0	-29.7%	3.7%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
LUNR	Intuitive Machines	1.8	37.7%	-17.7%
GTN-A	Gray Media	1.1	30.9%	55.5%
FOLD	Amicus Therapeutics	4.4	30.2%	50.5%
FLY	Firefly Aerospace	3.5	22.8%
CRWV	CoreWeave	40.4	22.6%
EVMN	Evommune	0.5	21.6%
EWTX	Edgewise Therapeutics	2.7	20.8%	-4.3%
FBYD	Falcons Beyond Global	0.7	19.9%	125.4%
ONDS	Ondas	1.4	18.2%	260.2%
BMRN	BioMarin Pharmaceutical	11.7	17.7%	-7.0%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
LW	Lamb Weston	6.2	-25.9%	-32.5%
BB	BlackBerry	2.2	-12.9%	-0.3%
IRON	Disc Medicine	2.8	-11.5%	26.2%
NKE	Nike	86.7	-10.5%	-20.6%
TLRY	Tilray Brands	11.8	-9.6%	-16.1%
OLMA	Olema Pharmaceuticals	2.4	-9.3%	379.1%
KBH	KB Home	3.8	-8.5%	-11.2%
PAHC	Phibro Animal Health	1.5	-7.8%	80.2%
EEX	Emerald	0.9	-7.7%	-1.3%
GETY	Getty Images	0.5	-7.4%	-41.7%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
FBYD	Falcons Beyond Global	0.7	60.2%	125.4%
DJT	Trump Media & Technology	4.5	51.1%	-52.8%
GTN-A	Gray Media	1.1	40.6%	55.5%
FOLD	Amicus Therapeutics	4.4	34.4%	50.5%
EEX	Emerald	0.9	27.4%	-1.3%
LUNR	Intuitive Machines	1.8	24.8%	-17.7%
QURE	uniQure	1.3	23.0%	35.8%
RIVN	Rivian Automotive	27.4	21.9%	68.8%
PHAT	Phathom Pharmaceuticals	1.3	20.4%	115.9%
TE	T1 Energy	1.0	20.2%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
NOW	ServiceNow	32.2	-82.0%	-26.7%
LWLG	Lightwave Logic	0.4	-28.0%	42.4%
LW	Lamb Weston	6.2	-26.3%	-32.5%
INSP	Inspire Medical Systems	2.8	-26.1%	-47.9%
BETR	Better Home & Finance	0.5	-21.1%	269.6%
FDMT	4D Molecular Therapeutics	0.5	-19.9%	55.8%
VSTM	Verastem	0.6	-19.3%	50.1%
CGEM	Cullinan Therapeutics	0.6	-18.8%	-20.5%
USAR	USA Rare Earth	1.4	-18.8%	46343.0%
BW	Babcock & Wilcox Enterprises	0.5	-17.6%	198.8%

Peer Comparisons for Clean Energy Technologies

Peers to compare with:

Financials

	CETY	CLNE	MNTK	AMRC	WM	RSG	Median
Name	Clean En.	Clean En.	Montauk .	Ameresco	Waste Ma.	Republic.
Mkt Price	0.87	2.23	1.87	29.62	216.34	213.14	15.93
Mkt Cap	0.0	0.5	0.3	1.6	87.2	66.4	1.0
Rev LTM	2	422	161	1,884	24,784	16,502	1,153
Op Inc LTM	-3	-90	-4	102	4,372	3,328	50
FCF LTM	-7	30	-53	-399	2,402	2,529	12
FCF 3Y Avg	-5	-17	-25	-490	2,059	2,118	-11
CFO LTM	-7	94	31	-19	5,856	4,337	63
CFO 3Y Avg	-5	72	45	-18	5,168	3,893	59

Growth & Margins

	CETY	CLNE	MNTK	AMRC	WM	RSG	Median
Name	Clean En.	Clean En.	Montauk .	Ameresco	Waste Ma.	Republic.
Rev Chg LTM	-32.1%	2.0%	-17.5%	12.2%	15.9%	4.3%	3.2%
Rev Chg 3Y Avg	3.2%	2.1%	-6.5%	3.7%	8.6%	8.5%	3.4%
Rev Chg Q	228.9%	1.2%	-31.3%	5.0%	14.9%	3.3%	4.2%
QoQ Delta Rev Chg LTM	30.9%	0.3%	-11.4%	1.4%	3.5%	0.8%	1.1%
Op Mgn LTM	-119.5%	-21.3%	-2.8%	5.4%	17.6%	20.2%	1.3%
Op Mgn 3Y Avg	-91.3%	-15.8%	10.3%	5.7%	18.4%	19.3%	8.0%
QoQ Delta Op Mgn LTM	3.9%	-1.2%	-10.7%	0.2%	-0.2%	-0.3%	-0.3%
CFO/Rev LTM	-306.3%	22.4%	19.1%	-1.0%	23.6%	26.3%	20.7%
CFO/Rev 3Y Avg	-164.9%	17.1%	25.1%	-1.7%	23.3%	24.8%	20.2%
FCF/Rev LTM	-306.3%	7.1%	-33.2%	-21.2%	9.7%	15.3%	-7.0%
FCF/Rev 3Y Avg	-164.9%	-3.9%	-14.8%	-32.8%	9.3%	13.5%	-9.3%

Valuation

	CETY	CLNE	MNTK	AMRC	WM	RSG	Median
Name	Clean En.	Clean En.	Montauk .	Ameresco	Waste Ma.	Republic.
Mkt Cap	0.0	0.5	0.3	1.6	87.2	66.4	1.0
P/S	0.1	1.2	1.7	0.8	3.5	4.0	1.4
P/EBIT	-0.2	-2.7	-37.0	11.9	21.4	21.3	5.9
P/E	-0.1	-2.3	-29.1	24.8	34.0	31.5	12.4
P/CFO	-0.0	5.2	8.7	-81.8	14.9	15.3	6.9
Total Yield	-1,685.2%	-42.8%	-3.4%	4.0%	4.4%	4.3%	0.3%
Dividend Yield	0.0%	0.0%	0.0%	0.0%	1.5%	1.1%	0.0%
FCF Yield 3Y Avg	-3,390.5%	-1.5%	-6.8%	-25.3%	2.6%	3.6%	-4.2%
D/E	14.2	0.8	0.3	1.2	0.3	0.2	0.5
Net D/E	10.1	0.3	0.2	1.2	0.3	0.2	0.3

Returns

	CETY	CLNE	MNTK	AMRC	WM	RSG	Median
Name	Clean En.	Clean En.	Montauk .	Ameresco	Waste Ma.	Republic.
1M Rtn	-20.7%	3.7%	9.4%	-5.8%	0.3%	-2.7%	-1.2%
3M Rtn	-80.0%	-15.8%	-10.5%	-3.9%	0.4%	-5.8%	-8.2%
6M Rtn	-77.2%	17.4%	-13.4%	97.5%	-6.0%	-13.7%	-9.7%
12M Rtn	-90.6%	-12.9%	-50.1%	32.5%	6.7%	5.7%	-3.6%
3Y Rtn	194.4%	-58.1%	-82.8%	-46.3%	43.7%	70.8%	-1.3%
1M Excs Rtn	-27.1%	0.8%	5.5%	-7.4%	-2.2%	-4.9%	-3.5%
3M Excs Rtn	-83.3%	-18.0%	-13.5%	-10.0%	-2.0%	-7.6%	-11.7%
6M Excs Rtn	-90.0%	13.3%	-23.5%	92.7%	-20.6%	-28.0%	-22.0%
12M Excs Rtn	-104.3%	-30.7%	-65.6%	10.9%	-7.9%	-8.2%	-19.4%
3Y Excs Rtn	123.3%	-133.9%	-155.4%	-124.8%	-35.0%	-8.4%	-79.9%

Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021	2020	2019
Period End	9/30/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Filing Date	11/19/2025	4/14/2025	4/17/2024	4/17/2023	4/15/2022	4/15/2021	5/28/2020
Key Financials
Total Revenue	2	2	7	3	1	1	2
EBITDA	-2	-3	-4	1	1	-2	-1
Operating Income	-3	-3	-3	-1	-2	-1	-1
Net Income	-4	-4	-6	0	0	-3	-3
EPS	-7.79	-1.50	-2.10	0.08	7.93	-2.68	-2.39
Growth Rates
Total Revenue Growth	-32.1%	-63.8%	151.3%	104.8%	-7.5%	-12.7%	20.9%
EBITDA Growth	68.5%	11.4%	-373.9%	22.3%	152.1%	-73.2%	11.5%
Operating Income Growth	32.0%	-6.4%	-195.6%	37.1%	-61.1%	26.4%	10.0%
Net Income Growth	34.1%	22.0%	-3939.8%	-50.5%	108.7%	-34.4%	9.0%
Margins
EBITDA Margin	-73.7%	-132.3%	-54.1%	49.6%	83.1%	-147.5%	-74.3%
Operating Income Margin	-119.5%	-128.4%	-43.7%	-37.2%	-120.9%	-69.4%	-82.4%
Net Income Margin	-192.3%	-182.1%	-84.6%	5.5%	22.9%	-244.4%	-158.8%
Cash & Debt
Total Cash	1	0	1	1	1	0	0
Total Debt	4	4	3	4	7	7	7
Net Debt / (Cash)	3	4	2	3	6	7	7
Cash Flows
Net Cash from Operations	-7	-4	-5	-2	-3	-1	-2
Free Cash from Operations	-7	-4	-5	-2	-3	-1	-2
Returns to Shareholders
Dividends	0	-0	-0	-0	-0	-0	-0
Share Repurchases	-0	-0	-0	-0	-0	-0	-0

$ Mil \| FY: 12/31	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4
Period End	9/30/2025	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022
Filing Date	11/19/2025	8/19/2025	5/20/2025	4/14/2025	11/19/2024	8/19/2024	5/20/2024	4/17/2024	11/14/2023	8/14/2023	5/22/2023	4/17/2023
Key Financials Quarterly
Total Revenue	1	0	1	0	0	0	2	1	2	3	1	0
Ebitda	-1	-1	0	-1	-1	-1	-1	-3	-0	-0	-0	2
Operating Income	-1	-1	-0	-1	-1	-1	-1	-1	-0	-0	-1	-0
Net Income	-2	-1	-0	-1	-1	-1	-1	-3	-1	-1	-1	1
EPS	-7.05	-0.30	-0.15	-0.29	-6.60	-0.30	-0.60	-1.05	-0.30	-0.30	-0.45	0.90
Key Financials TTM
Total Revenue TTM	2	2	2	2	3	5	8	7	5	3	2	3
Ebitda TTM	-2	-2	-2	-3	-5	-5	-4	-4	1	1	1	1
Operating Income TTM	-3	-2	-2	-3	-4	-4	-3	-3	-2	-2	-2	-1
Net Income TTM	-4	-4	-3	-4	-7	-6	-6	-6	-1	-1	-1	0
Growth Rates Quarterly
Total Revenue Growth	228.9%	20.5%	-47.7%	-66.1%	-88.3%	-92.8%	174.2%	1380.5%	4390.8%	55.8%	-28.8%	-78.0%
EBITDA Growth	33.5%	17.0%	101.1%	78.9%	-100.2%	-187.0%	-326.8%	-245.2%	22.0%	-527.4%	-994.4%	605.6%
Operating Income Growth	-75.8%	24.5%	88.3%	61.5%	-82.8%	-158.6%	-21.0%	-249.2%	23.2%	-765.2%	-4573.7%	3.6%
Net Income Growth	-61.8%	-30.9%	76.7%	72.1%	-80.1%	-9.8%	-32.2%	-308.6%	18.1%	-118.4%	-853.8%	375.2%
Margins Quarterly
EBITDA Margin	-70.3%	-246.1%	1.5%	-118.3%	-347.3%	-357.3%	-74.1%	-190.3%	-20.4%	-9.0%	-47.6%	1940.8%
Operating Income Margin	-172.6%	-311.0%	-12.1%	-116.8%	-322.9%	-496.6%	-54.3%	-102.8%	-20.7%	-13.8%	-123.0%	-436.0%
Net Income Margin	-271.8%	-460.8%	-41.8%	-180.2%	-552.5%	-424.2%	-93.8%	-219.5%	-36.0%	-27.8%	-194.6%	1557.6%
Cash & Debt
Total Cash	1	5	0	0	1	1	1	1	1	2	4	1
Total Debt	4	4	5	4	4	3	3	3	4	4	4	4
Net Debt / (Cash)	3	-0	5	4	3	2	2	2	3	2	0	3
Cash Flows Quarterly
FCF from Operations	-5	-1	-1	-1	-1	-1	-1	-1	-1	-2	-1	-0
Cash Flows TTM
FCF from Operations TTM	-7	-4	-3	-4	-4	-4	-5	-5	-4	-4	-2	-2
Returns to Shareholders Quarterly
Dividends	0	0	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	-13.1%	-8.1%	-1.1%	-6.5%	-9.2%	-12.3%	-10.7%	-19.6%	-6.0%	-5.7%	-11.2%	-7.4%
Return on Invested Capital (ROIC) TTM
ROIC TTM	-6.7%	-5.9%	-6.7%	-9.0%	-12.2%	-11.6%	-10.0%	-9.8%	-6.9%	-7.7%	-7.0%	-3.9%

Segment Financials

Assets by Segment

$ Mil	2024	2023	2022	2021	2020
Heat Recovery Solutions	3	3		3	2
Manufacturing and Engineering	2	3	6	4
NG Trading	2		0
Waste to Energy	2	0	0
Clean Energy Technologies (CETY) Hong Kong (HK)		5
Clean Energy Technologies			3
Clean Energy Technologies (Cety) Europe				0	0
Electronics Assembly					2
Total	10	11	8	6	4

Price Behavior

Price Behavior

Market Price	$0.87
Market Cap ($ Bil)	0.0
First Trading Date	03/16/2018
Distance from 52W High	-91.8%
	50 Days	200 Days
DMA Price	$1.65	$4.01
DMA Trend	down	down
Distance from DMA	-47.2%	-78.2%
	3M	1YR
Volatility	2,697.2%	1,360.6%
Downside Capture	654.65	229.24
Upside Capture	-200.51	-36.19
Correlation (SPY)	7.3%	2.2%

CETY Betas & Captures as of 11/30/2025

	1M	2M	3M	6M	1Y	3Y
Beta	7.10	17.46	14.15	7.23	1.43	6.32
Up Beta	18.76	-48.11	-27.04	-16.07	-2.96	-38.17
Down Beta	2.62	2.44	2.98	-0.10	-0.30	-0.09
Up Capture	188%	7418%	28%	8%	-2%	1085%
Bmk +ve Days	12	25	38	73	141	426
Stock +ve Days	5	15	26	52	99	271
Down Capture	340%	365%	321%	211%	136%	107%
Bmk -ve Days	7	16	24	52	107	323
Stock -ve Days	14	26	35	72	145	369

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

1Y 5Y 10Y

Based On 1-Year Data

		Comparison of CETY With Other Asset Classes (Last 1Y)
	CETY	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-91.3%	14.6%	13.5%	62.9%	2.8%	-2.4%	-16.9%
Annualized Volatility	1,347.1%	19.0%	19.7%	19.2%	16.0%	17.7%	35.4%
Sharpe Ratio	0.83	0.58	0.52	2.42	-0.01	-0.29	-0.26
Correlation With Other Assets		3.2%	2.1%	9.1%	7.1%	-4.6%	2.0%

ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How

Based On 5-Year Data

		Comparison of CETY With Other Asset Classes (Last 5Y)
	CETY	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	48.4%	13.6%	14.8%	18.3%	11.1%	4.7%	35.7%
Annualized Volatility	12,203.9%	17.2%	17.1%	15.5%	18.9%	18.9%	48.9%
Sharpe Ratio	0.63	0.63	0.70	0.95	0.48	0.16	0.63
Correlation With Other Assets		-1.2%	0.9%	4.7%	-0.8%	-2.5%	5.2%

Based On 10-Year Data

		Comparison of CETY With Other Asset Classes (Last 10Y)
	CETY	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	31.2%	13.5%	14.8%	14.5%	6.3%	5.4%	69.5%
Annualized Volatility	10,639.0%	19.9%	18.0%	14.7%	17.7%	20.8%	55.8%
Sharpe Ratio	0.56	0.60	0.71	0.81	0.28	0.23	0.90
Correlation With Other Assets		-0.6%	0.7%	4.1%	-0.4%	-1.4%	3.7%

Short Interest

Short Interest: As Of Date	11282025
Short Interest: Shares Quantity	1,304,462
Short Interest: % Change Since 11152025	4027.3%
Average Daily Volume	39,898,327
Days-to-Cover Short Interest	1
Basic Shares Quantity	299,294
Short % of Basic Shares	435.8%

Returns Analyses

	Title
0	Would You Still Hold Clean Energy Technologies Stock If It Fell Another 30%?

Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
7/24/2012
SUMMARY STATS
# Positive	0	0	0
# Negative	1	1	1
Median Positive
Median Negative
Max Positive
Max Negative

SEC Filings

Expand for More

Report Date	Filing Date	Filing
9302025	11192025	10-Q 9/30/2025
6302025	8192025	10-Q 6/30/2025
3312025	5202025	10-Q 3/31/2025
12312024	4142025	10-K 12/31/2024
9302024	11192024	10-Q 9/30/2024
6302024	8192024	10-Q 6/30/2024
3312024	5202024	10-Q 3/31/2024
12312023	4172024	10-K 12/31/2023
9302023	11142023	10-Q 9/30/2023
6302023	8142023	10-Q 6/30/2023
3312023	5222023	10-Q 3/31/2023
12312022	4172023	10-K 12/31/2022
9302022	11142022	10-Q 9/30/2022
6302022	8222022	10-Q 6/30/2022
3312022	5162022	10-Q 3/31/2022
12312021	4152022	10-K 12/31/2021

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

Prefer one of these to Trefis? Tell us why.

Clean Energy Technologies (CETY)

Market Price (12/22/2025): $0.8562 | Market Cap: $0.3 MilSector: Industrials | Industry: Industrial Machinery & Supplies & Components

Clean Energy Technologies (CETY)

Market Price (12/22/2025): $0.8562Market Cap: $0.3 MilSector: IndustrialsIndustry: Industrial Machinery & Supplies & Components

Valuation, Metrics & Events

CETY Stock

Why The Stock Moved

Qualitative Assessment

Stock Movement Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Return vs. Risk

Price Returns Compared

How Low Can It Go

In The Past

Preserve Wealth

Asset Allocation

About Clean Energy Technologies (CETY)

Key Risks to Clean Energy Technologies (CETY)

Expected Revenue Growth Drivers for Clean Energy Technologies (CETY)

Interactive Breakdown

Better Bets than Clean Energy Technologies (CETY)

Latest Trefis Analyses

Trade Ideas

Recent Active Movers

1 Day Top Gainers

1 Day Top Losers

1 Week Top Gainers

1 Week Top Losers

1 Month Top Gainers

1 Month Top Losers

Recent Active Movers

1 Day Top Gainers

1 Day Top Losers

1 Week Top Gainers

1 Week Top Losers

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons for Clean Energy Technologies

Financials

Growth & Margins

Valuation

Returns

Comparison Analyses

FDIC Bank Data

Bank Capital

Bank Deposits

Bank Assets

Bank Loans

FDA Approved Drugs Data

Financials

Segment Financials

Price Behavior

Based On 1-Year Data

Based On 5-Year Data

Based On 10-Year Data

Short Interest

Returns Analyses

Earnings Returns History

SEC Filings

Insider Activity

Industry Resources

External Quote Links

Market Price (12/22/2025): $0.8562 | Market Cap: $0.3 Mil
Sector: Industrials | Industry: Industrial Machinery & Supplies & Components

Market Price (12/22/2025): $0.8562
Market Cap: $0.3 Mil
Sector: Industrials
Industry: Industrial Machinery & Supplies & Components