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Next Hydrogen Solutions's quarterly market cap
increased
from Sep. 2025 (C$10.18 Mil) to Dec. 2025 (C$38.12 Mil) and
increased
from Dec. 2025 (C$38.12 Mil) to Mar. 2026 (C$47.13 Mil).
Next Hydrogen Solutions's annual market cap
declined
from Dec. 2023 (C$16.49 Mil) to Dec. 2024 (C$16.03 Mil) but then
increased
from Dec. 2024 (C$16.03 Mil) to Dec. 2025 (C$38.12 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 C$25.48 Mil.
Next Hydrogen Solutions (TSXV:NXH) 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 companys 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
* 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.
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.
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
* 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 (TSXV:NXH) has a Market Cap of C$30.84 Mil as of Jul. 29, 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 #2599 out of 3099 companies in the Industrial Products industry, placing it in the top 83.9%.
Is Next Hydrogen Solutions' Market Cap too high?
Next Hydrogen Solutions' current Market Cap is C$30.84 Mil. Based on the distribution chart, Next Hydrogen Solutions ranks #2599 out of 3099 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Next Hydrogen Solutions has a GF Score™ of 42/100 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 #2599 out of 3099 companies for Market Cap. This places Next Hydrogen Solutions in the lower half of its industry. The industry median Market Cap is 259.79. 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 259.79, based on 3,099 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. 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 259.79 — 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 C$30.84 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 (TSXV:NXH) is currently considered Possible Value Trap. The stock's GF Value™ is C$1.74, compared to a current price of C$0.45 — trading 74.4% below its estimated fair value. The current Market Cap is C$30.84 Mil. Next Hydrogen Solutions' overall GF Score™ is 42/100 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 (TSXV:NXH), the current Market Cap is C$30.84 Mil as of Jul. 29, 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 (TSXV:NXH) Overvalued in 2026?
Based on GuruFocus' analysis, Next Hydrogen Solutions stock appears to be undervalued.
The current stock price of C$0.45 is trading 74.4% below its estimated GF Value™ of C$1.74.
GuruFocus considers Next Hydrogen Solutions to be Possible Value Trap.
Key valuation signals for TSXV:NXH:
Market Cap: C$30.84 Mil
GF Value™: C$1.74 vs. price of C$0.45 (74.4% below fair value)
No single metric tells the full story. See the TSXV:NXH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
42GF Score
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