FuelCell Energy Inc (FCEL)

[King James 1]

From Simply Wall St one week ago regarding FCEL;

Turning to the outlook, the next three years should generate growth of 42% per year as estimated by the ten analysts watching the company. Meanwhile, the rest of the industry is forecast to only expand by 34% per year, which is noticeably less attractive.
In light of this, it's understandable that FuelCell Energy's P/S sits above the majority of other companies. Apparently shareholders aren't keen to offload something that is potentially eyeing a more prosperous future.

Even after such a strong price drop, FuelCell Energy's P/S still exceeds the industry median significantly. Generally, our preference is to limit the use of the price-to-sales ratio to establishing what the market thinks about the overall health of a company.
Our look into FuelCell Energy shows that its P/S ratio remains high on the merit of its strong future revenues. It appears that shareholders are confident in the company's future revenues, which is propping up the P/S. Unless the analysts have really missed the mark, these strong revenue forecasts should keep the share price buoyant.