GreenPower Motor Company Inc. Common Shares (GP)

FairStock Score: 37/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

GreenPower makes electric school buses, commercial goods vehicles and passenger shuttles in the U.S. and Canada. On the surface, the price at the 2026-10-13 close—$0.32—and the FairStock P/B of 0.72 suggest the market values the equity below book. But I have to look at the business behind that. In its latest filed quarter, fiscal Q2 2026, revenue was just $439,148, while net income was -$2.4M, a -545.80% margin. That is not a small loss on a large base; it is a struggling operation with a tiny revenue base. Trailing free cash flow is -$6.1M, and against a $4.9M market cap the FairStock FCF yield is -124.3%. The balance sheet is leveraged, with D/E of 5.82, and the FairStock Altman Z-Score of -4.46 and Piotroski F-Score of 3/9 point to financial distress rather than strength. The supplied growth figures—17.68% revenue growth and 188.91% profit growth—are not enough to reassure me because the latest quarter still shows heavy losses. I see no durable moat; this is a capital-intensive, competitive EV bus market where scale matters and GreenPower lacks it. FairStock ROCE of 0.87% is barely positive and does not cover the risk. FairStock Score 37/100 and no Lynch category, since only 0 years of filed results are available under its rules, underline the lack of a track record. A P/B below one may attract asset-minded investors, but Graham's margin of safety is thin when losses keep eroding book value and cash burn requires financing. The trajectory is speculative: growth could eventually matter, but today the company looks weak financially and the low price is a warning, not a clear bargain.

In plain English: GreenPower Motor makes electric school buses, commercial goods vehicles, and passenger shuttles in the U.S. and Canada. The business looks weak now: it lost money in its latest quarter and is burning cash. The shares look very cheap, but with heavy debt and ongoing losses, they do not look like a safe bargain.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer