NextSource Materials Inc (TO:NEXT) — Market Cap & Net Worth
Market Cap & Net Worth: NextSource Materials Inc (NEXT)
NextSource Materials Inc (TO:NEXT) has a market capitalization of $56.58 Million (CA$78.21 Million) as of May 3, 2026. Listed on the TO stock exchange, this Canada-based company holds position #21408 globally and #752 in its home market, demonstrating a 14.29% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying NextSource Materials Inc's stock price CA$0.32 by its total outstanding shares 244406564 (244.41 Million). Analyse NextSource Materials Inc cash conversion from operations to see how efficiently the company converts income to cash.
NextSource Materials Inc Market Cap History: 2015 to 2026
NextSource Materials Inc's market capitalization history from 2015 to 2026. Data shows change from $159.12 Million to $56.58 Million (-5.79% CAGR).
NextSource Materials Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how NextSource Materials 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
84.09x
NextSource Materials Inc's market cap is 84.09 times its annual revenue
Latest 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 |
|---|---|---|---|---|---|
| 2025 | $60.11 Million | $714.84K | -$32.44 Million | 84.09x | N/A |
Competitor Companies of NEXT by Market Capitalization
Companies near NextSource Materials Inc in the global market cap rankings as of May 3, 2026.
Key companies related to NextSource Materials Inc by market ranking:
- BHP Group (MX:BHPN): Ranked #99 globally with a market cap of $201.65 Billion USD ( MX$3.50 Trillion MXN).
- BHP Group Ltd (AU:BHP): Ranked #105 globally with a market cap of $197.50 Billion USD ( AU$279.13 Billion AUD).
- Rio Tinto Group (MX:RION): Ranked #185 globally with a market cap of $126.07 Billion USD ( MX$2.19 Trillion MXN).
- Rio Tinto Group (F:RIOA): Ranked #247 globally with a market cap of $99.40 Billion USD ( €85.02 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #99 | BHP Group | MX:BHPN | $201.65 Billion | MX$1380.00 |
| #105 | BHP Group Ltd | AU:BHP | $197.50 Billion | AU$54.94 |
| #185 | Rio Tinto Group | MX:RION | $126.07 Billion | MX$1746.90 |
| #247 | Rio Tinto Group | F:RIOA | $99.40 Billion | €81.00 |
NextSource Materials Inc Historical Marketcap From 2015 to 2026
Between 2015 and today, NextSource Materials Inc's market cap moved from $159.12 Million to $ 56.58 Million, with a yearly change of -5.79%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CA$56.58 Million | -5.88% |
| 2025 | CA$60.11 Million | -53.42% |
| 2024 | CA$129.06 Million | -39.17% |
| 2023 | CA$212.16 Million | -56.04% |
| 2022 | CA$482.66 Million | -16.26% |
| 2021 | CA$576.37 Million | +262.22% |
| 2020 | CA$159.12 Million | +80.00% |
| 2019 | CA$88.40 Million | -44.44% |
| 2018 | CA$159.12 Million | +28.57% |
| 2017 | CA$123.76 Million | 0.00% |
| 2016 | CA$123.76 Million | -22.22% |
| 2015 | CA$159.12 Million | -- |
End of Day Market Cap According to Different Sources
On May 3rd, 2026 the market cap of NextSource Materials Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $56.58 Million USD |
| MoneyControl | $56.58 Million USD |
| MarketWatch | $56.58 Million USD |
| marketcap.company | $56.58 Million USD |
| Reuters | $56.58 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About NextSource Materials Inc
NextSource Materials Inc. explores for, develops, and evaluates mineral properties in Madagascar and Canada. It operates through Mine Development and Battery Anode Facilities (BAF) Development segments. The company explores for graphite and vanadium deposits. It holds interests in the Molo graphite mine located in the Province of Toliara in Southern Madagascar; the Green Giant Vanadium Project lo… Read more