Braille Energy Systems Inc (TSE:BES)
:BES
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Braille Energy Systems Inc
(BES)
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Rating:40Underperform
Price Target:
C$0.04
▼(-36.67% Downside)
Action:Reiterated
Date:06/01/26
The score is primarily constrained by very weak financial performance (deep losses, negative equity, and renewed cash burn). Technicals are also soft (below longer-term moving averages with negative MACD), and valuation is unattractive due to ongoing losses and no dividend support.
Positive Factors
Niche EV battery market focus
BES targets specialty electrification in performance automotive and motorsports — a structural, higher-value segment of energy storage. Focused application expertise and bespoke solutions can create durable customer stickiness, pricing power, and barriers versus commoditized battery suppliers.
Negative Factors
Persistent operating losses
Negative gross profit and steep net losses indicate current product economics are not covering direct costs, undermining sustainable profitability. Deep operating losses erode capital, impede reinvestment in R&D or go-to-market, and increase reliance on external funding to sustain operations.
Read all positive and negative factors
Positive Factors
Negative Factors
Niche EV battery market focus
BES targets specialty electrification in performance automotive and motorsports — a structural, higher-value segment of energy storage. Focused application expertise and bespoke solutions can create durable customer stickiness, pricing power, and barriers versus commoditized battery suppliers.
Read all positive factors
Braille Energy Systems Inc (BES) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$3.84M
Dividend YieldN/A
Average Volume (3M)49.23K
Price to Earnings (P/E)―
Beta (1Y)-0.33
Revenue Growth-17.15%
EPS Growth11.76%
CountryCA
Employees19
SectorGeneral
Sector StrengthN/A
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)-0.02
Shares Outstanding109,743,256
10 Day Avg. Volume15,887
30 Day Avg. Volume49,226
Financial Highlights & Ratios
PEG Ratio0.08
Price to Book (P/B)-3.32
Price to Sales (P/S)1.74
P/FCF Ratio47.73
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)C$11.10M
Braille Energy Systems Inc Business Overview & Revenue Model
Company Description
Braille Energy Systems Inc., a Canadian firm, specializes in the manufacturing of batteries and comprehensive energy storage solutions. It provides specialized batteries to the professional motorsports sector. Additionally, the company develops a ...
How the Company Makes Money
BES primarily makes money through the sale of battery products and related energy-storage hardware. Its revenue model is largely product-driven: (1) Direct product sales: selling lithium battery packs (and associated components/accessories) to end...
Braille Energy Systems Inc Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
18
Very Negative
Cash Flow
22
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.72M | 3.14M | 3.37M | 3.76M | 4.10M | 3.47M |
| Gross Profit | -440.29K | 309.79K | 697.24K | 1.11M | 1.36M | 1.58M |
| EBITDA | -1.97M | -1.35M | -2.44M | -2.70M | -2.59M | -629.83K |
| Net Income | -2.17M | -1.56M | -2.56M | -2.80M | -2.79M | -790.75K |
Balance Sheet | ||||||
| Total Assets | 1.44M | 1.46M | 2.00M | 3.28M | 5.13M | 6.04M |
| Cash, Cash Equivalents and Short-Term Investments | 95.13K | 108.67K | 141.55K | 249.53K | 2.64M | 4.21M |
| Total Debt | 213.21K | 382.50K | 432.84K | 562.33K | 682.23K | 937.34K |
| Total Liabilities | 3.42M | 3.34M | 2.37M | 2.06M | 2.03M | 1.65M |
| Stockholders Equity | -1.71M | -1.64M | -165.84K | 1.34M | 3.11M | 4.43M |
Cash Flow | ||||||
| Free Cash Flow | -423.69K | 114.49K | -459.48K | -3.09M | -1.71M | -1.15M |
| Operating Cash Flow | -423.69K | 114.49K | -459.48K | -3.01M | -1.68M | -1.11M |
| Investing Cash Flow | -10.54K | 74.26K | 10.95K | -26.34K | 101.05K | -40.77K |
| Financing Cash Flow | 475.64K | -183.64K | 413.25K | 704.91K | -159.37K | 5.24M |
Braille Energy Systems Inc Technical Analysis
Negative
0.06
Price Trends
0.04
Negative
0.05
Negative
0.06
Negative
Market Momentum
>-0.01
Negative
43.05
Neutral
50.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BES, the sentiment is Negative. The current price of 0.06 is above the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.04, and above the 200-day MA of 0.06, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 43.05 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:BES.
Braille Energy Systems Inc Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
57 Neutral | C$685.63M | 101.97 | 11.31% | ― | 46.91% | ― | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
46 Neutral | C$19.45M | -7.99 | -1552.79% | ― | -20.31% | 34.02% | |
42 Neutral | C$3.98M | -0.40 | 26.22% | ― | -20.21% | 57.49% | |
42 Neutral | C$22.03M | -3.60 | -67.64% | ― | ― | 65.72% | |
40 Underperform | C$3.84M | -1.80 | ― | ― | -17.15% | 11.76% |
* General Sector Average
TSE:BES
Braille Energy Systems Inc
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Braille Energy Systems Inc Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Braille Energy Systems Raises $375,000 in Non‑Brokered Private Placement
Positive
Mar 12, 2026
Braille Energy Systems Inc. has closed a non‑brokered private placement of 7,500,000 units at $0.05 per unit, raising gross proceeds of $375,000. Each unit comprises one common share and one five‑year warrant exercisable at $0.055, wit...
Business Operations and StrategyProduct-Related Announcements
Braille Energy Expands Electrafy Home Backup Power Reach via Costco.ca
Positive
Mar 9, 2026
Braille Energy Systems Inc., a North American leader in energy storage solutions, has expanded its consumer reach by launching the Electrafy Home Backup Power System on Costco.ca. The company leverages its advanced lithium-based battery technology...
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.