Next Hydrogen Solutions Inc
Next Hydrogen Solutions Inc. develops and produces water electrolyzers to work with intermittent renewable energy in Canada. It also provides preventive maintenance and technical support services, as well as training services. Next Hydrogen Solutions Inc. was founded in 2007 and is headquartered in Mississauga, Canada.
Market Cap & Net Worth: Next Hydrogen Solutions Inc (NXHSF)
Next Hydrogen Solutions Inc (OTCQX:NXHSF) has a market capitalization of $40.53 Million ($40.53 Million) as of March 18, 2026. Listed on the OTCQX stock exchange, this USA-based company holds position #31248 globally and #10282 in its home market, demonstrating a 0.00% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Next Hydrogen Solutions Inc's stock price $0.59 by its total outstanding shares 69201838 (69.20 Million).
Next Hydrogen Solutions Inc Market Cap History: 2021 to 2025
Next Hydrogen Solutions Inc's market capitalization history from 2021 to 2025. Data shows change from $189.61 Million to $40.53 Million (-42.31% CAGR).
Next Hydrogen Solutions Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Next Hydrogen Solutions Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
14.99x
Next Hydrogen Solutions Inc's market cap is 14.99 times its annual revenue
0.92x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2021 | $189.61 Million | $177.59K | -$25.01 Million | 1067.71x | N/A |
| 2022 | $65.19 Million | $721.59K | -$14.28 Million | 90.34x | N/A |
| 2023 | $38.75 Million | $951.91K | -$12.01 Million | 40.71x | N/A |
| 2024 | $20.41 Million | $1.36 Million | -$14.60 Million | 14.99x | N/A |
Competitor Companies of NXHSF by Market Capitalization
Companies near Next Hydrogen Solutions Inc in the global market cap rankings as of March 18, 2026.
Key companies related to Next Hydrogen Solutions Inc by market ranking:
- GE Vernova LLC (NYSE:GEV): Ranked #66 globally with a market cap of $227.10 Billion USD.
- Siemens Aktiengesellschaft (XETRA:SIE): Ranked #93 globally with a market cap of $175.49 Billion USD ( €170.96 Billion EUR).
- Siemens AG Class N (PINK:SMAWF): Ranked #113 globally with a market cap of $155.24 Billion USD.
- Eaton Corporation PLC (NYSE:ETN): Ranked #140 globally with a market cap of $133.05 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #66 | GE Vernova LLC | NYSE:GEV | $227.10 Billion | $844.05 |
| #93 | Siemens Aktiengesellschaft | XETRA:SIE | $175.49 Billion | €219.15 |
| #113 | Siemens AG Class N | PINK:SMAWF | $155.24 Billion | $199.00 |
| #140 | Eaton Corporation PLC | NYSE:ETN | $133.05 Billion | $363.95 |
Next Hydrogen Solutions Inc Historical Marketcap From 2021 to 2025
Between 2021 and today, Next Hydrogen Solutions Inc's market cap moved from $189.61 Million to $ 40.53 Million, with a yearly change of -42.31%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2025 | $40.53 Million | +98.54% |
| 2024 | $20.41 Million | -47.32% |
| 2023 | $38.75 Million | -40.55% |
| 2022 | $65.19 Million | -65.62% |
| 2021 | $189.61 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Next Hydrogen Solutions Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $40.53 Million USD |
| MoneyControl | $40.53 Million USD |
| MarketWatch | $40.53 Million USD |
| marketcap.company | $40.53 Million USD |
| Reuters | $40.53 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.