Clean Energy Technologies (CETY)
Market Price (12/4/2025): $1.13 | Market Cap: $4.2 MilSector: Industrials | Industry: Industrial Machinery & Supplies & Components
Clean Energy Technologies (CETY)
Market Price (12/4/2025): $1.13Market Cap: $4.2 MilSector: IndustrialsIndustry: 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
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -37% | Weak multi-year price returns2Y Excs Rtn is -146% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -2.2 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -123% |
| Megatrend and thematic driversMegatrends include Circular Economy & Recycling. Themes include Waste-to-Energy Solutions. | Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -66%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -6.4% | |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -201%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -201% | ||
| 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 -342% | ||
| High stock price volatilityVol 12M is 1350% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -37% |
| Megatrend and thematic driversMegatrends include Circular Economy & Recycling. Themes include Waste-to-Energy Solutions. |
| Weak multi-year price returns2Y Excs Rtn is -146% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -2.2 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -123% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -66%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -6.4% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -201%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -201% |
| 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 -342% |
| High stock price volatilityVol 12M is 1350% |
Valuation, Metrics & Events
CETY Stock
Why The Stock Moved
Qualitative Assessment
AI Generated Analysis | Feedback
Between August 31, 2025, and December 4, 2025, Clean Energy Technologies (CETY) experienced a significant stock price decline of -69.2%, primarily driven by a combination of negative financial performance, concerns about its operational viability, and bearish market sentiment.
1. Significant Net Losses and Operating Cash Burn: Clean Energy Technologies reported substantial financial losses in its third quarter of 2025, ending September 30, 2025. The company posted an operating loss of $1.33 million and a net loss of $2.10 million for the quarter, contributing to a year-to-date net loss of $3.52 million. Furthermore, operating activities consumed $6.22 million in cash during the first nine months of 2025.
2. "Going Concern" Warning: In its Q3 2025 unaudited financial statements, the company issued a formal "going concern" warning. This was attributed to negative working capital, an accumulated deficit, and ongoing cash burn, which collectively raised substantial doubt about CETY's ability to continue as a going concern.
Stock Movement Drivers
Return vs. Risk
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CETY Return | 3% | 0% | 0% | 7494% | -59% | -87% | 319% |
| Peers Return | 17% | 14% | -9% | 52% | 40% | 11% | 186% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 16% | 112% |
Monthly Win Rates [3] | |||||||
| CETY Win Rate | 25% | 0% | 0% | 33% | 17% | 30% | |
| Peers Win Rate | 57% | 58% | 38% | 62% | 60% | 58% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 70% | |
Max Drawdowns [4] | |||||||
| CETY Max Drawdown | -27% | 0% | 0% | 0% | -67% | -98% | |
| Peers Max Drawdown | -40% | -11% | -29% | -2% | -5% | -19% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: GGG, GHM, PH, ITW, GWW.
[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 12/3/2025 (YTD)
How Low Can It Go
| Event | CETY | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -68.0% | -25.4% |
| % Gain to Breakeven | 212.1% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -68.2% | -33.9% |
| % Gain to Breakeven | 214.3% | 51.3% |
| Time to Breakeven | 1100 days | 148 days |
| 2018 Correction | ||
| % Loss | -44.7% | -19.8% |
| % Gain to Breakeven | 80.8% | 24.7% |
| 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
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Asset Allocation
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Trade Ideas
Select past ideas related to CETY. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | CNM | Core & Main | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 7.3% | 7.3% | -1.6% |
| 11212025 | VRRM | Verra Mobility | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 2.3% | 2.3% | -1.2% |
| 11212025 | LII | Lennox International | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 4.8% | 4.8% | 0.0% |
| 11212025 | ADP | Automatic Data Processing | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 1.6% | 1.6% | -1.2% |
| 11212025 | CW | Curtiss-Wright | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 2.2% | 2.2% | 0.0% |
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | CNM | Core & Main | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 7.3% | 7.3% | -1.6% |
| 11212025 | VRRM | Verra Mobility | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 2.3% | 2.3% | -1.2% |
| 11212025 | LII | Lennox International | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 4.8% | 4.8% | 0.0% |
| 11212025 | ADP | Automatic Data Processing | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 1.6% | 1.6% | -1.2% |
| 11212025 | CW | Curtiss-Wright | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 2.2% | 2.2% | 0.0% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Clean Energy Technologies
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 166.51 |
| Mkt Cap | 30.1 |
| Rev LTM | 9,038 |
| Op Inc LTM | 1,538 |
| FCF LTM | 928 |
| FCF 3Y Avg | 1,003 |
| CFO LTM | 1,360 |
| CFO 3Y Avg | 1,331 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 1.5% |
| Rev Chg 3Y Avg | 3.7% |
| Rev Chg Q | 5.4% |
| QoQ Delta Rev Chg LTM | 1.3% |
| Op Mgn LTM | 17.4% |
| Op Mgn 3Y Avg | 17.0% |
| QoQ Delta Op Mgn LTM | 0.1% |
| CFO/Rev LTM | 15.3% |
| CFO/Rev 3Y Avg | 15.5% |
| FCF/Rev LTM | 11.9% |
| FCF/Rev 3Y Avg | 12.2% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 30.1 |
| P/S | 3.7 |
| P/EBIT | 19.3 |
| P/E | 26.3 |
| P/CFO | 22.7 |
| Total Yield | 4.5% |
| Dividend Yield | 0.7% |
| FCF Yield 3Y Avg | 3.7% |
| D/E | 0.1 |
| Net D/E | 0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 1.3% |
| 3M Rtn | -2.6% |
| 6M Rtn | 0.9% |
| 12M Rtn | -7.4% |
| 3Y Rtn | 134.4% |
| 1M Excs Rtn | 1.3% |
| 3M Excs Rtn | -9.7% |
| 6M Excs Rtn | -13.8% |
| 12M Excs Rtn | -21.2% |
| 3Y Excs Rtn | 63.9% |
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 |
Returns Analyses
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 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 |
| 9302021 | 11172021 | 10-Q 9/30/2021 |
External Quote Links
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