NXHSF (Next Hydrogen Solutions) Market Cap: $24.41 Mil (As of Jul. 02, 2026)


NXHSF Next Hydrogen Solutions Inc NXHSF
41 GF Score
Price $0.35
GF Value $1.20
Valuation Possible Value Trap
! 6 Warning Signs
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What is Next Hydrogen Solutions Market Cap?

Next Hydrogen Solutions NXHSF 41 Market Cap is $24.41 Mil as of Jul. 02, 2026. GuruFocus rates NXHSF with a GF Score™ of 41/100 and a GF Value™ of $1.20 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 3,097 Industrial Products companies, Next Hydrogen Solutions ranks worse than 82.6% on this metric.

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Next Hydrogen Solutions's share price for the quarter that ended in Mar. 2026 was $0.6. Next Hydrogen Solutions's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 69.31 Mil. Therefore, Next Hydrogen Solutions's market cap for the quarter that ended in Mar. 2026 was $41.59 Mil.

Next Hydrogen Solutions's quarterly market cap increased from Sep. 2025 ($7.73 Mil) to Dec. 2025 ($27.27 Mil) and increased from Dec. 2025 ($27.27 Mil) to Mar. 2026 ($41.59 Mil).

Next Hydrogen Solutions's annual market cap declined from Dec. 2023 ($12.83 Mil) to Dec. 2024 ($9.43 Mil) but then increased from Dec. 2024 ($9.43 Mil) to Dec. 2025 ($27.27 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Next Hydrogen Solutions's Enterprise Value for Today is $20.63 Mil.


Next Hydrogen Solutions  (OTCPK:NXHSF) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Next Hydrogen Solutions Market Cap Related Terms


Next Hydrogen Solutions Market Cap Historical Data

* Premium members only.

The historical data trend for Next Hydrogen Solutions's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Next Hydrogen Solutions Market Cap Chart

Next Hydrogen Solutions Annual Data
Trend Dec20 Jan21 Dec22 Dec23 Dec24 Dec25
Market Cap
Get a 7-Day Free Trial 0.00 21.56 12.83 9.43 27.27

Next Hydrogen Solutions Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.42 9.24 7.73 27.27 41.59

NXHSF vs GEV, ETN, PH: Market Cap Comparison

For the Specialty Industrial Machinery subindustry, Next Hydrogen Solutions's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Next Hydrogen Solutions Market Cap vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Next Hydrogen Solutions's Market Cap distribution charts can be found below:

* The bar in red indicates where Next Hydrogen Solutions's Market Cap falls into.


NXHSF
41GF Score
Next Hydrogen Solutions Inc NXHSF
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
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Next Hydrogen Solutions Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Next Hydrogen Solutions's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as

Market Cap (A: Dec. 2025 )=Share Price (A: Dec. 2025 )*Shares Outstanding (EOP) (A: Dec. 2025 )
=$0.3935*69.313
=$27.27

Next Hydrogen Solutions's Market Cap for the quarter that ended in Mar. 2026 is calculated as

Market Cap (Q: Mar. 2026 )=Share Price (Q: Mar. 2026 )*Shares Outstanding (EOP) (Q: Mar. 2026 )
=$0.6*69.313
=$41.59

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Market Cap →
What does a Market Cap of $24.41 Mil mean?
Next Hydrogen Solutions (NXHSF) has a Market Cap of $24.41 Mil as of Jul. 02, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Next Hydrogen Solutions and its competitors. According to the industry distribution chart, Next Hydrogen Solutions ranks #2558 out of 3097 companies in the Industrial Products industry, placing it in the top 82.6%.
Is Next Hydrogen Solutions' Market Cap too high?
Next Hydrogen Solutions' current Market Cap is $24.41 Mil. The Industrial Products industry median Market Cap is 284.83. Next Hydrogen Solutions' value of $24.41 Mil is 91.4% below this industry median. Based on the distribution chart, Next Hydrogen Solutions ranks #2558 out of 3097 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Next Hydrogen Solutions has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Next Hydrogen Solutions' Market Cap compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Next Hydrogen Solutions ranks #2558 out of 3097 companies for Market Cap. This places Next Hydrogen Solutions in the lower half of its industry. The industry median Market Cap is 284.83. Next Hydrogen Solutions' value of $24.41 Mil is 91.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Industrial Products company?
The median Market Cap among Industrial Products companies is 284.83, based on 3,097 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Next Hydrogen Solutions's current Market Cap of $24.41 Mil is 91.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Next Hydrogen Solutions and its competitors. For the Industrial Products industry, the median Market Cap is 284.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Next Hydrogen Solutions's current Market Cap is $24.41 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next Hydrogen Solutions stock overvalued right now?
Based on GuruFocus' analysis, Next Hydrogen Solutions (NXHSF) is currently considered Possible Value Trap. The stock's GF Value™ is $1.20, compared to a current price of $0.35 — trading 70.8% below its estimated fair value. The current Market Cap is $24.41 Mil and 91.4% below the Industrial Products industry median of 284.83. Next Hydrogen Solutions' overall GF Score™ is 41/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Next Hydrogen Solutions (NXHSF), the current Market Cap is $24.41 Mil as of Jul. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Next Hydrogen Solutions (NXHSF) Overvalued in 2026?

Based on GuruFocus' analysis, Next Hydrogen Solutions stock appears to be undervalued. The current stock price of $0.35 is trading 70.8% below its estimated GF Value™ of $1.20. GuruFocus considers Next Hydrogen Solutions to be Possible Value Trap.

Key valuation signals for NXHSF:

  • Market Cap: $24.41 Mil
  • GF Value™: $1.20 vs. price of $0.35 (70.8% below fair value)
  • GF Score™: 41/100 with 6 warning signs
  • Industry Position: 91.4% below the Industrial Products median (#2558 of 3097)

No single metric tells the full story. See the NXHSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Next Hydrogen Solutions Business Description

Other Exchanges NXH:Canada
Address 6610 Edwards Boulevard, Mississauga, ON, CAN, L5T 2V6
Next Hydrogen Solutions Inc is a designer and manufacturer of electrolyzers that use water and electricity as inputs to generate clean hydrogen for use as an energy source. Its cell design architecture enables high current density operations and superior dynamic response to efficiently convert intermittent renewable electricity into green hydrogen on an infrastructure scale. The company generates revenue from customer contracts from the principal sources of product and equipment sales; services as well as aftermarket sales; and development contracts.
41GF Score

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Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.35
Price
$1.20
GF Value