Clean Energy Technologies (CETY)
Market Price (8/24/2026): $0.9001 | Market Cap: $11.0 MilSector: Industrials | Industry: Industrial Machinery & Supplies & Components
Clean Energy Technologies (CETY)
Market Price (8/24/2026): $0.9001Market Cap: $11.0 MilSector: IndustrialsIndustry: Industrial Machinery & Supplies & Components
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 64% Megatrend and thematic driversMegatrends include Circular Economy & Recycling. Themes include Waste-to-Energy Solutions. | Weak multi-year price returns2Y Excs Rtn is -132%, 3Y Excs Rtn is -170% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -3.7 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -198% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -434%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -434% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -61% High stock price volatilityVol 12M is 1350% Key risksCETY key risks include [1] substantial doubt about its ability to continue as a going concern, Show more. |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 64% |
| Megatrend and thematic driversMegatrends include Circular Economy & Recycling. Themes include Waste-to-Energy Solutions. |
| Weak multi-year price returns2Y Excs Rtn is -132%, 3Y Excs Rtn is -170% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -3.7 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -198% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -434%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -434% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -61% |
| High stock price volatilityVol 12M is 1350% |
| Key risksCETY key risks include [1] substantial doubt about its ability to continue as a going concern, Show more. |
Qualitative Assessment
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Clean Energy Technologies (CETY) stock has gained about 40% since 4/30/2026 because of the following key factors:
1. Balance Sheet Improvement through Debt-to-Equity Conversion.
Clean Energy Technologies significantly improved its financial position in fiscal Q2 2026. On May 7, 2026, the company announced a financial restructuring where Mast Hill Fund, L.P. converted an aggregate of $1.95 million in notes, including accrued interest, from liability to equity. This action increased shareholder's equity from approximately $5.38 million to $7.33 million and simultaneously reduced liabilities from $5.7 million to approximately $3.75 million.
2. Substantial Sales Growth Driven by China Natural Gas Trading.
The company experienced significant revenue growth during the period, largely attributed to its natural gas trading operations in China. For fiscal Q1 2026 (ended March 31, 2026), Clean Energy Technologies reported net sales of $783,705, a 77.3% increase from $441,940 in the prior-year period, with China NG trading accounting for $776,167 of these sales. This trend continued into fiscal Q2 2026, with net sales rising to $1.16 million for the six months ended June 30, 2026, up 70.6% from $0.68 million in the comparable prior-year period, primarily driven by natural gas trading in China.
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Clean Energy Technologies (CETY) stock has gained about 40% since 4/30/2026 because of the following key factors:
1. Balance Sheet Improvement through Debt-to-Equity Conversion.
Clean Energy Technologies significantly improved its financial position in fiscal Q2 2026. On May 7, 2026, the company announced a financial restructuring where Mast Hill Fund, L.P. converted an aggregate of $1.95 million in notes, including accrued interest, from liability to equity. This action increased shareholder's equity from approximately $5.38 million to $7.33 million and simultaneously reduced liabilities from $5.7 million to approximately $3.75 million.
2. Substantial Sales Growth Driven by China Natural Gas Trading.
The company experienced significant revenue growth during the period, largely attributed to its natural gas trading operations in China. For fiscal Q1 2026 (ended March 31, 2026), Clean Energy Technologies reported net sales of $783,705, a 77.3% increase from $441,940 in the prior-year period, with China NG trading accounting for $776,167 of these sales. This trend continued into fiscal Q2 2026, with net sales rising to $1.16 million for the six months ended June 30, 2026, up 70.6% from $0.68 million in the comparable prior-year period, primarily driven by natural gas trading in China.
3. Advancement of Key Projects and Strategic Partnerships.
Clean Energy Technologies progressed several initiatives that bolstered investor confidence. In May 2026, the company's affiliate, Vermont Renewable Gas, LLC, reached an agreement (MOU) with the Vermont Agency of Natural Resources to advance a proposed 2.2 MW renewable energy facility in Lyndon, Vermont. Additionally, in June 2026, a partnership with Sagacity yielded success in designing and manufacturing advanced Organic Rankine Cycle (ORC) components, aimed at significantly reducing system costs and strengthening supply chain efficiency for the company's heat recovery solutions. These developments underscore the company's expanding project pipeline and operational enhancements.
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Stock Movement Drivers
Fundamental Drivers
The 41.1% change in CETY stock from 4/30/2026 to 8/23/2026 was primarily driven by a 243.4% change in the company's P/S Multiple.| (LTM values as of) | 4302026 | 8232026 | Change |
|---|---|---|---|
| Stock Price ($) | 0.71 | 1.00 | 41.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2 | 2 | 11.3% |
| P/S Multiple | 1.9 | 6.6 | 243.4% |
| Shares Outstanding (Mil) | 4 | 12 | -63.1% |
| Cumulative Contribution | 41.1% |
Market Drivers
4/30/2026 to 8/23/2026| Return | Correlation | |
|---|---|---|
| CETY | 41.1% | |
| Market (SPY) | 6.5% | -2.0% |
| Sector (XLI) | 3.2% | 5.9% |
Fundamental Drivers
The 30.6% change in CETY stock from 1/31/2026 to 8/23/2026 was primarily driven by a 217.8% change in the company's P/S Multiple.| (LTM values as of) | 1312026 | 8232026 | Change |
|---|---|---|---|
| Stock Price ($) | 0.77 | 1.00 | 30.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2 | 2 | 11.3% |
| P/S Multiple | 2.1 | 6.6 | 217.8% |
| Shares Outstanding (Mil) | 4 | 12 | -63.1% |
| Cumulative Contribution | 30.6% |
Market Drivers
1/31/2026 to 8/23/2026| Return | Correlation | |
|---|---|---|
| CETY | 30.6% | |
| Market (SPY) | 11.0% | 3.0% |
| Sector (XLI) | 9.3% | -0.5% |
Fundamental Drivers
The -68.7% change in CETY stock from 7/31/2025 to 8/23/2026 was primarily driven by a -74.5% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 7312025 | 8232026 | Change |
|---|---|---|---|
| Stock Price ($) | 3.19 | 1.00 | -68.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1 | 2 | 70.6% |
| P/S Multiple | 9.1 | 6.6 | -28.2% |
| Shares Outstanding (Mil) | 3 | 12 | -74.5% |
| Cumulative Contribution | -68.7% |
Market Drivers
7/31/2025 to 8/23/2026| Return | Correlation | |
|---|---|---|
| CETY | -68.7% | |
| Market (SPY) | 22.2% | 2.9% |
| Sector (XLI) | 19.8% | 3.2% |
Fundamental Drivers
The -95.3% change in CETY stock from 7/31/2023 to 8/23/2026 was primarily driven by a -79.6% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 7312023 | 8232026 | Change |
|---|---|---|---|
| Stock Price ($) | 21.45 | 1.00 | -95.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2 | 2 | -24.0% |
| P/S Multiple | 21.8 | 6.6 | -70.0% |
| Shares Outstanding (Mil) | 2 | 12 | -79.6% |
| Cumulative Contribution | -95.3% |
Market Drivers
7/31/2023 to 8/23/2026| Return | Correlation | |
|---|---|---|
| CETY | -95.3% | |
| Market (SPY) | 73.2% | 1.8% |
| Sector (XLI) | 70.0% | 2.2% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CETY Return | 0% | 0% | 7494% | -59% | -92% | 36% | 232% |
| Peers Return | 22% | -10% | -9% | -16% | -7% | -5% | -25% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 103% |
Monthly Win Rates [3] | |||||||
| CETY Win Rate | 0% | 0% | 33% | 17% | 25% | 88% | |
| Peers Win Rate | 63% | 47% | 50% | 52% | 53% | 55% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| CETY Max Drawdown | 0% | 0% | -68% | -70% | -98% | -54% | |
| Peers Max Drawdown | -32% | -36% | -36% | -33% | -48% | -32% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[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] 2026 data is for the year up to 8/21/2026 (YTD)
How Low Can It Go
| Event | CETY | S&P 500 |
|---|---|---|
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -11.0% | -9.5% |
| % Gain to Breakeven | 12.3% | 10.5% |
| Time to Breakeven | 17 days | 24 days |
| 2020 COVID-19 Crash | ||
| % Loss | -53.3% | -33.7% |
| % Gain to Breakeven | 114.3% | 50.9% |
| Time to Breakeven | 1100 days | 140 days |
In The Past
Clean Energy Technologies's stock fell -11.0% during the Summer-Fall 2023 Five Percent Yield Shock. Such a loss loss requires a 12.3% gain to breakeven.
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| Event | CETY | S&P 500 |
|---|---|---|
| 2020 COVID-19 Crash | ||
| % Loss | -53.3% | -33.7% |
| % Gain to Breakeven | 114.3% | 50.9% |
| Time to Breakeven | 1100 days | 140 days |
In The Past
Clean Energy Technologies's stock fell -11.0% during the Summer-Fall 2023 Five Percent Yield Shock. Such a loss loss requires a 12.3% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Clean Energy Technologies (CETY)
Clean Energy Technologies, Inc. (CETY) is a clean energy company focused on developing and marketing products and integrated solutions for energy efficiency and renewable energy. The company specializes in converting wasted energy into usable electricity and offers a range of engineering services to support these solutions. CETY operates through segments including Clean Energy HRS and CETY Europe, highlighting its global reach in the clean energy sector.
The company's primary product is the Clean Cycle generator, an innovative system designed to capture waste heat from various industrial and commercial sources and efficiently convert it into electricity. This technology helps clients improve energy efficiency and reduce operational costs by repurposing energy that would otherwise be lost. In addition to the Clean Cycle generator, CETY provides comprehensive electrical, mechanical, and software engineering services, as well as supply chain management services, offering end-to-end support for its clean energy initiatives.
CETY primarily serves industrial and commercial clients who generate significant waste heat and are looking to enhance their energy efficiency, reduce their environmental impact, and lower energy expenses by transforming waste energy into a valuable power source. Through its proprietary technology and engineering expertise, Clean Energy Technologies aims to assist a diverse set of industries in adopting more sustainable and cost-effective energy practices.
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1. It's like a "heat-powered industrial generator company," similar to how Caterpillar makes diesel generators, but CETY's Clean Cycle generators run on a factory's wasted heat instead of fuel.
2. Think of it as an "industrial energy scavenger," similar to how a company like Waste Management collects discarded materials, but CETY collects wasted industrial heat and converts it into valuable electricity.
3. Similar to how companies like SolarEdge or Enphase optimize solar power, CETY is an "industrial waste heat optimization expert," turning what would be lost thermal energy into usable electricity.
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- Clean Cycle Generator: A generator that captures waste heat from various sources and converts it into electricity.
- Engineering Services: A range of electrical, mechanical, and software engineering services.
- Supply Chain Management Services: Services focused on managing supply chains.
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Clean Energy Technologies, Inc. (CETY) primarily sells its products and services to other companies (Business-to-Business, or B2B) rather than to individual consumers.
While CETY's SEC filings indicate that a significant portion of their revenue comes from a few major customers (e.g., in 2022, their two largest customers accounted for approximately 21% and 13% of total revenue, respectively), the company does not publicly disclose the specific names of these customer companies in its filings.
Based on their business description and public disclosures, Clean Energy Technologies serves the following categories of clients:
- Industrial Clients: Businesses in sectors that generate significant waste heat, such as manufacturing plants, chemical processing facilities, and other heavy industries that can benefit from the Clean Cycle generator to convert waste heat into electricity and improve energy efficiency.
- Commercial Clients: Large commercial establishments, data centers, hospitals, and other organizations with substantial energy demands and opportunities for thermal energy recovery or renewable energy integration.
- Institutional Clients: Entities such as universities, government facilities, or other large public and private institutions looking for energy efficiency solutions, waste heat recovery, and sustainable energy infrastructure.
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Kam Mahdi, Chairman & Chief Executive Officer
Kam Mahdi is a co-founder of Clean Energy Technologies, Inc. and has served as its Chief Executive Officer since July 2009, and as Chairman since the company's launch in September 2015. From 2010 to December 2015, he was the CEO of Probe Manufacturing, an electronics manufacturing and product development accelerator. Mr. Mahdi's vision led to the acquisition of General Electric Heat Recovery Solutions, which has been instrumental in establishing CETY as a significant player in the renewable and energy efficiency markets. He is an engineer and serial entrepreneur with domestic and international experience in operations, P&L oversight, multi-channel product distributions, licensing, joint ventures, and marketing for both start-ups and growth organizations.
Calvin Pang, Chief Financial Officer & 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 oversees all financial aspects of the organization, including financial planning, reporting, risk management, and capital allocation, contributing to strategic decision-making and corporate governance.
Lance Woolley, Director of Operations
Lance Woolley is the Director of Operations for Clean Energy Technologies, Inc. and has been involved with CETY and Heat Recovery Solutions (HRS) since 2011. His role is crucial in ensuring the efficient and effective execution of the company's operational strategies, and he fosters a culture of accountability and continuous improvement.
Alexander Skorokhodov, Director of Technology
Alexander Skorokhodov serves as the Director of Technology at Clean Energy Technologies, Inc. He is responsible for overseeing the company's technological roadmap, research and development initiatives, and intellectual property management, driving innovation and technological advancement in clean energy solutions.
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The public company Clean Energy Technologies (CETY) faces several significant risks to its business operations and financial stability:
- Financial Viability and Going Concern Uncertainty: Clean Energy Technologies faces substantial doubt about its ability to continue as a going concern. This is evidenced by a significant working capital deficit, an accumulated deficit, ongoing net losses, and negative cash flow from operations. The company's financial metrics show declining revenue, negative earnings per share, and substantial operational inefficiencies, with a negative Return on Invested Capital (ROIC) suggesting it's not generating returns above its cost of capital. Furthermore, its Altman Z-Score indicates a distress zone, pointing to a potential risk of bankruptcy. The company relies heavily on obtaining additional financing to fund its working capital and capital expenditures.
- Declining Revenue and Market Challenges: CETY has experienced a significant decline in its total revenue, notably a 48% year-over-year drop in Q1 2025 and a 3-year revenue growth of -70.9%. This decline is primarily attributed to reduced sales in its China natural gas business and the deferral of the Shenzhen Gas joint venture due to unfavorable market conditions. The company is also exposed to market risks, including fluctuations in energy prices, which can impact the profitability of its waste heat recovery and waste-to-energy products.
- Regulatory and Operational Risks in China: A considerable portion of Clean Energy Technologies' operations, particularly its natural gas trading activities, are based in China through CETY HK. These operations are subject to significant regulatory risks due to uncertainties surrounding the interpretation and enforcement of Chinese laws. The potential for interventions by the PRC government poses additional risks. Furthermore, foreign currency exchange rate fluctuations can adversely affect the financial results of its Chinese operations.
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Clean Energy Technologies (CETY) participates in the significant addressable markets of waste heat to power (WHP) and waste-to-energy (WTE) solutions.
Waste Heat to Power (WHP) / Waste Heat Recovery Systems
CETY's principal product, the Clean Cycle generator, which converts waste heat into electricity, falls within the waste heat to power and waste heat recovery systems markets.
- Global Market: The global waste heat to power market was estimated at USD 31.3 billion in 2025 and is projected to reach USD 77.9 billion by 2035, growing at a Compound Annual Growth Rate (CAGR) of 9% from 2026 to 2035. Another estimate placed the global waste heat recovery system market at USD 76.42 billion in 2023, with a projected CAGR of 7.40% during the forecast period.
- North American Market: The North American waste heat to power market is projected to reach USD 14.8 billion by 2035. In 2025, the U.S. held approximately 70% of the North American market, generating USD 3.3 billion in revenue. North America is a major market for waste heat to power, holding approximately 45% of the global market share.
- European Market: The Europe waste heat to power market was valued at USD 8.9 billion in 2022 and is projected to grow at a CAGR of over 10.6% from 2023 to 2032. Europe accounted for approximately 30% of the global waste heat to power market share.
Waste-to-Energy (WTE) Systems
CETY is also involved in waste-to-energy solutions through a recent collaboration focusing on modular waste-to-energy power solutions.
- European Market: The Europe waste to energy market size was valued at approximately USD 16.64 billion in 2025 and is projected to reach USD 24.98 billion by 2032, with a CAGR of around 5.98% during the forecast period from 2026-2032. Another report valued the European waste to energy market at USD 13.88 billion in 2022, anticipating a CAGR of 14.4% from 2023 to 2030.
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Here are 3-5 expected drivers of future revenue growth for Clean Energy Technologies (CETY) over the next 2-3 years:
- Expansion into the European Renewable Energy Market: Clean Energy Technologies is strategically expanding its presence in Europe. This includes the establishment of a CETY Europe Sales and Service Center in Italy to support existing and new sales of its clean energy products. A significant step was taken with a Non-Binding Offer (NBO) valued at an estimated $85 million with a European solar and wind development company, aiming to significantly broaden CETY's operations in the region's stable and growing renewable energy market.
- Growth in Waste-to-Energy (WTE) Solutions and the HTAP™ Pyrolysis Platform: The company is focused on converting various waste products into electricity and BioChar through its Waste to Energy Solutions. CETY is advancing a modular waste-to-energy power solution through a partnership with METIS Power, which integrates CETY's pyrolysis systems for efficient and scalable power generation using waste-derived fuels. The launch of its HTAP™ platform in December 2025 to increase Renewable Natural Gas (RNG) production and convert digestate into biochar, along with plans to present this platform at industry conferences, indicates a strong push in this sector.
- Increased Deployment and Adoption of Clean Cycle™ Heat Recovery Solutions: The patented Clean Cycle™ generator, which converts waste heat into electricity, remains a core product. A recent deployment of the Clean Cycle II™ Organic Rankine Cycle (ORC) technology in U.S. industrial manufacturing for a Fortune 100 company in October 2025 demonstrates the continued relevance and market penetration of this technology in enhancing energy efficiency and reducing operating costs.
- Strategic Expansion and Natural Gas Trading in the Asian Market: CETY is actively pursuing growth in Asia, particularly China, through a partnership with Natural Gas Pipeline Network Group Co., Ltd. (NGPNG). This collaboration grants CETY access to China's natural gas network and expands its sales capabilities, aligning with China's shift towards renewable energy. The company's wholly-owned subsidiary, CETY HK, manages natural gas trading operations and aims to establish a marketplace in China and Asia for its products and solutions.
- Entry and Expansion in Battery Energy Storage Systems (BESS): A new driver for CETY is its entry into the Battery Energy Storage Systems market. In November 2025, the company announced a $10 million BESS project in New York. This project is expected to validate CETY's expertise and create opportunities for further BESS installations, positioning the company to capitalize on the increasing demand for renewable energy storage solutions.
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Share Issuance
- In December 2025, Clean Energy Technologies issued 913,842 shares of common stock for $395,328 and an additional 656,158 shares for $283,855 through unregistered sales to accredited investors.
- During June and August 2025, the company issued 50,000 and 150,000 shares of common stock, respectively, alongside junior secured convertible notes with principal amounts of $335,000 and $388,888, to Mast Hill Fund, L.P.
- Around November 2025, Clean Energy Technologies issued 152,000 shares of common stock and 75,132 shares in separate transactions related to the conversion of principal, interest, and fees from convertible promissory notes held by Mast Hill Fund, L.P. and Pacific Pier Capital II, LLC, respectively.
Inbound Investments
- Clean Energy Technologies secured $3.37 million in financing activities primarily through notes payable and stock issuance during the fiscal year ending December 31, 2024.
- In 2025, the company received approval for two securities purchase agreements with Mast Hill Fund, L.P., which included the issuance of junior secured convertible notes totaling over $700,000 in principal.
Outbound Investments
- Clean Energy Technologies is actively pursuing the acquisition of Ortus Climate Mitigation LLC's Italian operations, having a consulting agreement in place to facilitate this potential acquisition.
Capital Expenditures
- Cash flow statements show reported capital expenditures, for example, a figure of -$50.69K was noted for one period, though specific annual breakdowns are not consistently detailed across the provided information.
Peer Outperformance in Industrial Machinery & Supplies & Components
| Ticker | Name | Rev Growth 3Y Avg | P/E | 1Y | 3Y | 5Y | 5Y Gap |
|---|---|---|---|---|---|---|---|
| CETY | Clean Energy Technologies | 12.2% | -1.8x | -72.1% | -95.3% | 237.5% | — |
| MLI | Mueller Industries | 8.8% | 32.3x | 34.0% | 232.6% | 464.0% | +226pp |
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Construction & Engineering | 31 | 25.2% | 124.7% | 202.2% | CDNL 3246% · STRL 2190% · FIX 2132% |
| Marine Transportation | 4 | 57.9% | 61.9% | 150.7% | MATX 212% · KEX 154% · SFL 148% |
| Construction Machinery & Heavy Transportation Equipment | 13 | 12.3% | 66.8% | 120.6% | CAT 324% · ALSN 285% · WAB 252% |
| Aerospace & Defense | 55 | 11.1% | 70.2% | 79.6% | DFNS 2047% · ATI 1042% · FTAI 968% |
| Passenger Ground Transportation | 3 | -5.7% | 65.1% | 69.3% | UBER 96% · CAR 69% · LYFT -63% |
| Industrial Machinery & Supplies & Components ← | 71 | 11.5% | 56.0% | 56.3% | CRS 1440% · PSIX 846% · GHM 735% |
| Rail Transportation | 7 | 38.3% | 76.2% | 50.1% | FSTR 115% · CSX 65% · UNP 56% |
| Cargo Ground Transportation | 16 | 35.7% | 16.1% | 45.4% | XPO 270% · R 264% · CVLG 222% |
| Diversified Support Services | 34 | 8.9% | 37.5% | 34.9% | LIME 4674% · TH 369% · WLFC 347% |
| Trading Companies & Distributors | 18 | 2.2% | 36.4% | 32.1% | DXPE 523% · AIT 303% · URI 232% |
| Building Products | 33 | -8.8% | 15.9% | 28.8% | LMB 436% · GFF 413% · PPIH 289% |
| Electrical Components & Equipment | 41 | 26.1% | 44.8% | 28.3% | POWL 2374% · VRT 856% · BE 849% |
| Industrial Conglomerates | 17 | 15.8% | 26.3% | 4.9% | RCMT 727% · CSW 153% · TTI 145% |
| Office Services & Supplies | 10 | 14.0% | 25.0% | 3.8% | TILE 188% · PBI 159% · EBF 56% |
| Environmental & Facilities Services | 28 | -8.3% | 20.9% | 0.8% | CECO 863% · ADUR 661% · GEO 324% |
| Research & Consulting Services | 13 | -7.2% | -18.4% | -1.6% | HURN 220% · CRAI 97% · GRNQ 31% |
| Agricultural & Farm Machinery | 17 | -1.2% | -3.9% | -14.4% | BLBD 200% · DE 88% · GENC 65% |
| Data Processing & Outsourced Services | 6 | -30.4% | -9.5% | -24.5% | EXLS 59% · BR 16% · G -23% |
| Passenger Airlines | 11 | 5.9% | -4.6% | -29.3% | LTM 2324% · UAL 140% · SKYW 130% |
| Human Resource & Employment Services | 20 | 4.5% | -19.4% | -36.1% | BBSI 89% · ADP 51% · KFY 36% |
| Air Freight & Logistics | 12 | -16.2% | -24.2% | -39.1% | CHRW 78% · FDX 67% · EXPD 62% |
| Security & Alarm Services | 10 | -36.2% | -14.3% | -43.4% | CIX 107% · MG 93% · BCO 52% |
| Airport Services | 3 | -69.1% | -69.0% | -58.3% | JOBY -31% · ASLE -58% · UP -100% |
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 11.63 |
| Mkt Cap | 0.7 |
| Rev LTM | 1,233 |
| Op Inc LTM | 72 |
| FCF LTM | 0 |
| FCF 3Y Avg | -2 |
| CFO LTM | 45 |
| CFO 3Y Avg | 60 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 6.2% |
| Rev Chg 3Y Avg | 7.1% |
| Rev Chg Q | 6.9% |
| QoQ Delta Rev Chg LTM | 1.7% |
| Op Inc Chg LTM | 6.1% |
| Op Inc Chg 3Y Avg | 5.0% |
| Op Mgn LTM | 4.3% |
| Op Mgn 3Y Avg | 7.1% |
| QoQ Delta Op Mgn LTM | 0.8% |
| CFO/Rev LTM | 16.8% |
| CFO/Rev 3Y Avg | 21.0% |
| FCF/Rev LTM | -10.5% |
| FCF/Rev 3Y Avg | -11.3% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Natural gas (NG) Trading | 1 | 1 | 6 | 2 | |
| Heat Recovery Solutions | 1 | 0 | 0 | 0 | 1 |
| Waste to Energy | 0 | 1 | 0 | 0 | |
| Manufacturing and Engineering | 0 | 0 | 0 | 0 | 0 |
| Clean Energy Technologies (Cety) Europe | 0 | ||||
| Total | 2 | 2 | 7 | 3 | 1 |
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Waste to Energy | 1 | 0 | 0 | ||
| Heat Recovery Solutions | 0 | 0 | 0 | 1 | 1 |
| Manufacturing and Engineering | 0 | -0 | 0 | -0 | 0 |
| Discontinued operations | 0 | ||||
| Operating expense from discontinued operations | 0 | ||||
| Other income and expenses from discontinued operations | 0 | ||||
| Liquefied natural gas (LNG) Trading | -0 | ||||
| Operating expense | -4 | ||||
| Consulting Engineering | -0 | -0 | -0 | -0 | |
| Depreciation and Amortization | -0 | -0 | -0 | -0 | |
| Facility lease and Maintenance | -0 | -0 | -0 | -0 | |
| General and Administrative expense | -1 | -1 | -0 | -0 | |
| Natural gas (NG) Trading | 1 | 1 | |||
| Professional Fees Legal & Accounting | -0 | -0 | -0 | -0 | |
| Salaries | -2 | -1 | -1 | -0 | |
| Travel | -0 | -0 | -0 | -0 | |
| Clean Energy Technologies (Cety) Europe | 0 | 0 | |||
| Bad debt expense | -0 | ||||
| Total | -3 | -3 | -1 | -2 | -1 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Manufacturing and Engineering | 6 | 3 | 3 | 6 | 4 |
| Liquefied natural gas (LNG) Trading | 3 | 2 | 3 | ||
| Heat Recovery Solutions | 2 | 2 | 4 | 3 | |
| Waste to Energy | 2 | 2 | 0 | 0 | |
| Clean Energy Technologies | 3 | ||||
| Natural gas (NG) Trading | 0 | ||||
| Clean Energy Technologies (Cety) Europe | 0 | ||||
| Total | 12 | 9 | 10 | 8 | 6 |
Price Behavior
| Market Price | $1.00 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 03/16/2018 | |
| Distance from 52W High | -78.5% | |
| 50 Days | 200 Days | |
| DMA Price | $0.90 | $0.89 |
| DMA Trend | down | up |
| Distance from DMA | 11.1% | 12.1% |
| 3M | 1YR | |
| Volatility | 76.4% | 1,358.2% |
| Downside Capture | -44.07 | 211.89 |
| Upside Capture | 126.65 | 19.59 |
| Correlation (SPY) | -3.8% | 3.6% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.25 | 0.11 | 0.16 | 0.38 | 3.30 | 0.94 |
| Up Beta | -3.72 | -2.65 | -0.13 | -0.31 | -8.13 | -1.39 |
| Down Beta | 4.69 | -0.55 | -0.20 | -0.11 | -0.60 | -0.08 |
| Up Capture | 237% | 209% | 90% | 102% | 19% | -1% |
| Bmk +ve Days | 11 | 22 | 35 | 67 | 138 | 427 |
| Stock +ve Days | 11 | 23 | 31 | 58 | 107 | 306 |
| Down Capture | 111% | 49% | -26% | 65% | 158% | 107% |
| Bmk -ve Days | 11 | 21 | 28 | 59 | 114 | 326 |
| Stock -ve Days | 11 | 20 | 32 | 67 | 142 | 412 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CETY | |
|---|---|---|---|---|
| CETY | -72.4% | 1,350.1% | 0.92 | - |
| Sector ETF (XLI) | 20.5% | 17.1% | 0.92 | 3.5% |
| Equity (SPY) | 21.1% | 12.9% | 1.22 | 3.4% |
| Gold (GLD) | 37.5% | 28.8% | 1.10 | 6.6% |
| Commodities (DBC) | 43.2% | 20.2% | 1.66 | 5.2% |
| Real Estate (VNQ) | 12.9% | 13.8% | 0.64 | -6.1% |
| Bitcoin (BTCUSD) | -31.6% | 44.1% | -0.73 | 5.2% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CETY | |
|---|---|---|---|---|
| CETY | -55.9% | 739.8% | 0.44 | - |
| Sector ETF (XLI) | 13.1% | 17.6% | 0.57 | 2.5% |
| Equity (SPY) | 12.9% | 17.2% | 0.57 | 2.0% |
| Gold (GLD) | 20.6% | 18.6% | 0.90 | 5.5% |
| Commodities (DBC) | 10.4% | 19.6% | 0.41 | 3.6% |
| Real Estate (VNQ) | 2.3% | 18.9% | 0.02 | -2.2% |
| Bitcoin (BTCUSD) | 10.4% | 52.8% | 0.38 | 2.8% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CETY | |
|---|---|---|---|---|
| CETY | -29.8% | 668.3% | 0.45 | - |
| Sector ETF (XLI) | 13.8% | 20.0% | 0.60 | 2.3% |
| Equity (SPY) | 15.2% | 17.9% | 0.72 | 1.7% |
| Gold (GLD) | 12.7% | 16.2% | 0.64 | 5.5% |
| Commodities (DBC) | 8.0% | 18.0% | 0.36 | 4.0% |
| Real Estate (VNQ) | 5.0% | 20.7% | 0.20 | -0.5% |
| Bitcoin (BTCUSD) | 63.1% | 66.1% | 1.03 | 2.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/19/2026 | 10-Q |
| 03/31/2026 | 07/27/2026 | 10-Q |
| 12/31/2025 | 06/05/2026 | 10-K |
| 09/30/2025 | 11/19/2025 | 10-Q |
| 06/30/2025 | 08/19/2025 | 10-Q |
| 03/31/2025 | 05/20/2025 | 10-Q |
| 12/31/2024 | 04/14/2025 | 10-K |
| 09/30/2024 | 11/19/2024 | 10-Q |
| 06/30/2024 | 08/19/2024 | 10-Q |
| 03/31/2024 | 05/20/2024 | 10-Q |
| 12/31/2023 | 04/17/2024 | 10-K |
| 09/30/2023 | 11/14/2023 | 10-Q |
| 06/30/2023 | 08/14/2023 | 10-Q |
| 03/31/2023 | 05/22/2023 | 10-Q |
| 12/31/2022 | 04/17/2023 | 10-K |
| 09/30/2022 | 11/14/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/19/2026 | 10-Q |
| 03/31/2026 | 07/27/2026 | 10-Q |
| 12/31/2025 | 06/05/2026 | 10-K |
| 09/30/2025 | 11/19/2025 | 10-Q |
| 06/30/2025 | 08/19/2025 | 10-Q |
| 03/31/2025 | 05/20/2025 | 10-Q |
| 12/31/2024 | 04/14/2025 | 10-K |
| 09/30/2024 | 11/19/2024 | 10-Q |
| 06/30/2024 | 08/19/2024 | 10-Q |
| 03/31/2024 | 05/20/2024 | 10-Q |
| 12/31/2023 | 04/17/2024 | 10-K |
| 09/30/2023 | 11/14/2023 | 10-Q |
| 06/30/2023 | 08/14/2023 | 10-Q |
| 03/31/2023 | 05/22/2023 | 10-Q |
| 12/31/2022 | 04/17/2023 | 10-K |
| 09/30/2022 | 11/14/2022 | 10-Q |
| 06/30/2022 | 08/22/2022 | 10-Q |
| 03/31/2022 | 05/16/2022 | 10-Q |
| 12/31/2021 | 04/15/2022 | 10-K |
| 09/30/2021 | 11/17/2021 | 10-Q |
| 06/30/2021 | 08/16/2021 | 10-Q |
| 03/31/2021 | 05/14/2021 | 10-Q |
| 12/31/2020 | 04/15/2021 | 10-K |
| 09/30/2020 | 11/23/2020 | 10-Q |
| 06/30/2020 | 08/14/2020 | 10-Q |
| 03/31/2020 | 06/30/2020 | 10-Q |
| 12/31/2019 | 05/28/2020 | 10-K |
| 09/30/2019 | 11/14/2019 | 10-Q |
Industry Resources
| Industrials Resources |
| IndustryWeek |
| Manufacturing.net |
| Aviation Week |
| Industrial Machinery & Supplies & Components Resources |
| Machine Design |
| Modern Machine Shop |
| Industrial Equipment News (IEN) |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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