Hadron Energy (HDRN) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Hadron Energy

NasdaqCM•Industrials•Specialty Industrial Machinery

$1.86+0.07(0.04%)After hours

Market Cap

$105.39M

P/E

5.6x

P/B

5.5x

Hadron Energy, Inc. operates a nuclear energy company that designs and develops Micro Modular Reactor (MMR) technology. It also produces electricity. The company was founded in 2024 and is based in Redwood City, California.

How this company scores

AverageMetricSide Score: 41/100

Strongest: Balance Sheet & Red Flags (15/25); weakest: Cash & Earnings Quality (0/25).

Profitability14/25

Growth12/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality0/25

Strengths

High ROERising earningsInterest easily coveredProfit converts from growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 5.6x5y range 5.6x – 51.7x

Currently below its 5-quarter median.

P/B · 5.5x5y range 5.5x – 552.2x

Currently below its 5-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 8 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $105.39M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $0
Q. Revenue: $0
TTM EBITDA: $-10.38M
TTM Op. Income: $-10.39M
Q. Op. Income: $-6.13M
TTM Net Income: $18.76M
Q. Net Income: $17.56M
EPS: $0.3
Shares Out.: $56.97M

$0 in TTM revenue was flat at zero YoY, reaching $0 last quarter. TTM EBITDA of $-10.38M and TTM operating income of $-10.39M show growth is flowing through to the bottom line. TTM net income of $18.76M means revenue is converting into profit.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: N/A
Op. Margin: -613100000.0%
Net Margin: 1755800000.0%

Op. margin of -613100000.0% is down 574640700.0% YoY — costs are rising relative to revenue. Net margin at 1755800000.0% Across the last 8 quarters, operating margin has fallen for 5 consecutive quarters — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 5.6x
P/S Ratio: N/A
P/B Ratio: 5.5x

At 5.6x P/E, the stock trades below typical market levels. P/S of 0.0x and P/B of 5.5x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 78% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $23.13M
Cash: $22.22M
Long-Term Debt: N/A
Book Value: $19.24M
D/E Ratio: N/A
Debt/EBITDA: N/A

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-4.20M
TTM Free Cash Flow: $-4.83M
FCF Margin: N/A
FCF / Net Income: -0.3

TTM FCF of $-4.83M on $-4.20M in operating cash flow. The FCF / Net Income ratio of -0.3x means the business consumes cash — it is not yet self-funding. Over the past year, free cash flow is down 210% — a weakening trend.