Next Hydrogen Solutions Inc. (V:NXH) — Market Cap & Net Worth
Market Cap & Net Worth: Next Hydrogen Solutions Inc. (NXH)
Next Hydrogen Solutions Inc. (V:NXH) has a market capitalization of $27.03 Million (CA$37.37 Million) as of May 2, 2026. Listed on the V stock exchange, this Canada-based company holds position #24052 globally and #910 in its home market, demonstrating a -1.82% decrease 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 CA$0.54 by its total outstanding shares 69201838 (69.20 Million). Analyse Next Hydrogen Solutions Inc. operating cash flow efficiency to see how efficiently the company converts income to cash.
Next Hydrogen Solutions Inc. Market Cap History: 2021 to 2026
Next Hydrogen Solutions Inc.'s market capitalization history from 2021 to 2026. Data shows change from $167.70 Million to $27.03 Million (-44.12% 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
25.72x
Next Hydrogen Solutions Inc.'s market cap is 25.72 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 |
|---|---|---|---|---|---|
| 2021 | $167.70 Million | $177.59K | -$25.01 Million | 944.31x | N/A |
| 2022 | $60.07 Million | $721.59K | -$14.28 Million | 83.25x | N/A |
| 2023 | $36.04 Million | $951.91K | -$12.01 Million | 37.86x | N/A |
| 2024 | $35.04 Million | $1.36 Million | -$14.60 Million | 25.72x | N/A |
Competitor Companies of NXH by Market Capitalization
Companies near Next Hydrogen Solutions Inc. in the global market cap rankings as of May 2, 2026.
Key companies related to Next Hydrogen Solutions Inc. by market ranking:
- GE Vernova LLC (NYSE:GEV): Ranked #82 globally with a market cap of $229.98 Billion USD.
- Siemens Aktiengesellschaft (XETRA:SIE): Ranked #113 globally with a market cap of $184.02 Billion USD ( €157.40 Billion EUR).
- SIEMENS AG SP. ADR 1/ 1/2 (F:SIEB): Ranked #119 globally with a market cap of $177.31 Billion USD ( €151.67 Billion EUR).
- Schneider Electric S.E. (PA:SU): Ranked #156 globally with a market cap of $143.23 Billion USD ( €122.51 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #82 | GE Vernova LLC | NYSE:GEV | $229.98 Billion | $1062.95 |
| #113 | Siemens Aktiengesellschaft | XETRA:SIE | $184.02 Billion | €252.55 |
| #119 | SIEMENS AG SP. ADR 1/ 1/2 | F:SIEB | $177.31 Billion | €119.00 |
| #156 | Schneider Electric S.E. | PA:SU | $143.23 Billion | €268.60 |
Next Hydrogen Solutions Inc. Historical Marketcap From 2021 to 2026
Between 2021 and today, Next Hydrogen Solutions Inc.'s market cap moved from $167.70 Million to $ 27.03 Million, with a yearly change of -44.12%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CA$27.03 Million | -1.82% |
| 2025 | CA$27.53 Million | -21.43% |
| 2024 | CA$35.04 Million | -2.78% |
| 2023 | CA$36.04 Million | -40.00% |
| 2022 | CA$60.07 Million | -64.18% |
| 2021 | CA$167.70 Million | -- |
End of Day Market Cap According to Different Sources
On May 2nd, 2026 the market cap of Next Hydrogen Solutions Inc. was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $27.03 Million USD |
| MoneyControl | $27.03 Million USD |
| MarketWatch | $27.03 Million USD |
| marketcap.company | $27.03 Million USD |
| Reuters | $27.03 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About 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.