NextSource Materials (TSX:NEXT) Net Margin %: -4,143.01% (As of Mar. 2026)


TSX:NEXT NextSource Materials Inc TSX:NEXT
14 GF Score
Price C$0.34
! 7 Warning Signs
View Full Analysis

What is NextSource Materials Net Margin %?

NextSource Materials TSX:NEXT 14 Net Margin % is -4,143.01% as of Mar. 2026. GuruFocus rates TSX:NEXT with a GF Score™ of 14/100. The stock has 7 warning signs investors should review. Among 842 Metals & Mining companies, NextSource Materials ranks worse than 89.9% on this metric.

Net margin is calculated as Net Income divided by its Revenue. NextSource Materials's Net Income for the three months ended in Mar. 2026 was C$-8.00 Mil. NextSource Materials's Revenue for the three months ended in Mar. 2026 was C$0.19 Mil. Therefore, NextSource Materials's net margin for the quarter that ended in Mar. 2026 was -4,143.01%.

The historical rank and industry rank for NextSource Materials's Net Margin % or its related term are showing as below:

TSX:NEXT' s Net Margin % Range Over the Past 10 Years
Min: -3253.43   Med: -3253.43   Max: -3152.44
Current: -3152.44

TSX:NEXT's Net Margin % is ranked worse than
89.9% of 842 companies
in the Metals & Mining industry
Industry Median: 3.415 vs TSX:NEXT: -3152.44

NextSource Materials  (TSX:NEXT) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

NextSource Materials Net Margin % Related Terms

NextSource Materials Net Margin % Historical Data

* Premium members only.

The historical data trend for NextSource Materials's Net Margin % 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.

NextSource Materials Net Margin % Chart

NextSource Materials Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 -3,253.43

NextSource Materials Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % 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 -1,255.18 -3,020.42 -1,712.54 -7,157.69 -4,143.01

NextSource Materials Net Margin % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, NextSource Materials's Net Margin %, along with its competitors' market caps and Net Margin % 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.

NextSource Materials Net Margin % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, NextSource Materials's Net Margin % distribution charts can be found below:

* The bar in red indicates where NextSource Materials's Net Margin % falls into.


TSX:NEXT
14GF Score
NextSource Materials Inc TSX:NEXT
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NextSource Materials Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

NextSource Materials's Net Margin for the fiscal year that ended in Jun. 2025 is calculated as

Net Margin=Net Income (A: Jun. 2025 )/Revenue (A: Jun. 2025 )
=-31.786/0.977
=-3,253.43 %

NextSource Materials's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-7.996/0.193
=-4,143.01 %

* 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 Net Margin % →
What does a Net Margin % of -4,143.01% mean?
NextSource Materials (TSX:NEXT) has a Net Margin % of -4,143.01% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on NextSource Materials and its competitors. According to the industry distribution chart, NextSource Materials ranks #757 out of 842 companies in the Metals & Mining industry, placing it in the top 89.9%.
Is NextSource Materials' Net Margin % too high?
NextSource Materials' current Net Margin % is -4,143.01%. Based on the distribution chart, NextSource Materials ranks #757 out of 842 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, NextSource Materials has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does NextSource Materials' Net Margin % compare to competitors?
According to the Metals & Mining industry distribution chart, NextSource Materials ranks #757 out of 842 companies for Net Margin %. This places NextSource Materials in the lower half of its industry. The industry median Net Margin % is 3.42. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Metals & Mining company?
The median Net Margin % among Metals & Mining companies is 3.42, based on 842 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on NextSource Materials and its competitors. For the Metals & Mining industry, the median Net Margin % is 3.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NextSource Materials's current Net Margin % is -4,143.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NextSource Materials stock overvalued right now?
NextSource Materials (TSX:NEXT) has a current Net Margin % of -4,143.01%. The current Net Margin % is -4,143.01%. NextSource Materials' overall GF Score™ is 14/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For NextSource Materials (TSX:NEXT), the current Net Margin % is -4,143.01% as of Mar. 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.

NextSource Materials Business Description

Other Exchanges NSRCF:USA1JWA:Germany
Address 130 King Street West, Exchange Tower, Suite 1940, Toronto, ON, CAN, M5X 2A2
NextSource Materials Inc is a strategic materials development company based in Toronto, Canada. The Company has two operating segments, consisting of mine development and BAF development. No commercial revenues have been generated by the Companys' segments. The company's Molo graphite project in Madagascar is one of the widely known and highest-quality graphite deposits globally and contains SuperFlake graphite. It also holds an interest in Green Giant Vanadium Project. Maximum of revenue is earned from Canada, followed by Madagascar, and Mauritius.
14GF Score

Get the complete analysis for TSX:NEXT

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

C$0.34
Price