Birchtech (BCHT)
:BCHT
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Birchtech
(BCHT)
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Rating:47Neutral
Price Target:
$4.00
â–˛(91.39% Upside)
Action:ReiteratedDate:01/20/26
The score is held down primarily by weak financial performance—negative profitability, significant cash burn, and deeply negative equity. Technicals are roughly neutral without strong momentum, and valuation is constrained by losses and no indicated dividend support. A favorable patent judgment provides a meaningful positive offset but does not outweigh the balance-sheet and cash-flow risks.
Positive Factors
Patent judgment strengthens IP
The $78.4M final judgment is a durable change: it legally affirms core patents, improves negotiating leverage versus competitors, and creates a potential non-operating cash inflow or licensing leverage that can materially strengthen the company’s competitive moat and strategic options.
Negative Factors
Negative profitability and volatility
Persistently negative net and EBITDA margins, combined with volatile historical results, undermine the company’s ability to self-fund growth and create uncertainty for planning. Ongoing losses limit reinvestment capacity and make sustained profit recovery a material execution risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Patent judgment strengthens IP
The $78.4M final judgment is a durable change: it legally affirms core patents, improves negotiating leverage versus competitors, and creates a potential non-operating cash inflow or licensing leverage that can materially strengthen the company’s competitive moat and strategic options.
Read all positive factors
Birchtech (BCHT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$49.72M
Dividend YieldN/A
Average Volume (3M)342.31K
Price to Earnings (P/E)22.4
Beta (1Y)0.43
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees12
SectorIndustrials
Sector Strength72
IndustryIndustrial - Pollution & Treatment Controls
Share Statistics
EPS (TTM)-0.03
Shares Outstanding26,305,965
10 Day Avg. Volume776,429
30 Day Avg. Volume342,308
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)40.78
Price to Sales (P/S)2.79
P/FCF Ratio-9.89
Enterprise Value/Market Cap0.97
Enterprise Value/Revenue2.53
Enterprise Value/Gross Profit5.28
Enterprise Value/Ebitda-27.98
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.11
Revenue Forecast (FY)$19.60M
Birchtech Business Overview & Revenue Model
Company Description
Birchtech Corp., an environmental services and technology company, engages in developing and delivering solutions to the power industry in the United States and internationally. It provides mercury capture solutions. Its Sorbent Enhancement Additi...
Birchtech Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
9
Very Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 19.09M | 17.41M | 17.63M | 21.62M | 13.01M | 8.16M |
| Gross Profit | 9.13M | 7.10M | 5.45M | 7.02M | 5.07M | 2.72M |
| EBITDA | -1.72M | -6.87M | -8.49M | 1.46M | -182.20K | -2.50M |
| Net Income | -4.05M | -10.80M | 5.67M | -1.58M | -3.63M | -5.83M |
Balance Sheet | ||||||
| Total Assets | 10.14M | 10.26M | 28.31M | 9.34M | 8.13M | 7.38M |
| Cash, Cash Equivalents and Short-Term Investments | 1.77M | 3.46M | 20.94M | 1.50M | 1.39M | 591.02K |
| Total Debt | 274.77K | 306.22K | 11.23M | 9.94M | 12.54M | 15.39M |
| Total Liabilities | 11.28M | 9.07M | 28.25M | 16.76M | 18.37M | 20.58M |
| Stockholders Equity | -1.14M | 1.19M | 60.35K | -7.42M | -10.24M | -13.20M |
Cash Flow | ||||||
| Free Cash Flow | -2.63M | -4.91M | 19.23M | 60.26K | 195.00K | -1.24M |
| Operating Cash Flow | -2.49M | -4.11M | 19.23M | 70.99K | 205.98K | -1.24M |
| Investing Cash Flow | -130.80K | -809.43K | 0.00 | -10.73K | -10.97K | 42.50K |
| Financing Cash Flow | 0.00 | -12.57M | 209.50K | 55.66K | 602.28K | 288.31K |
Birchtech Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
* Industrials Sector Average
Performance Comparison
Birchtech Corporate Events
Legal Proceedings
Birchtech Wins Final Judgment in Patent Infringement Case
Positive
Jan 5, 2026
On December 29, 2025, the U.S. District Court for the District of Delaware entered a final judgment in favor of Birchtech Corp. in its patent infringement lawsuit against the remaining CERT defendants, concluding a case that had previously produce...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.