Next Hydrogen Solutions Valuation

Is NXH undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of NXH when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate NXH's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate NXH's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NXH?

Key metric: As NXH is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for NXH. This is calculated by dividing NXH's market cap by their current revenue.
What is NXH's PS Ratio?
PS Ratio	4.9x
Sales	CA$2.06m
Market Cap	CA$10.08m

NXH key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	4.3x
Enterprise Value/EBITDA	-0.6x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does NXH's PS Ratio compare to its peers?

The above table shows the PS ratio for NXH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	13.9x
FWTC Forward Water Technologies	48.1x	n/a	CA$3.7m
OML Omni-Lite Industries Canada	0.9x	n/a	CA$18.8m
CNO California Nanotechnologies	6.3x	n/a	CA$46.2m
CAG Composite Alliance Group	0.3x	n/a	CA$3.3m
NXH Next Hydrogen Solutions	4.9x	n/a	CA$10.1m

Price-To-Sales vs Peers: NXH is good value based on its Price-To-Sales Ratio (4.9x) compared to the peer average (13.9x).

Price to Sales Ratio vs Industry

How does NXH's PS Ratio compare vs other companies in the CA Machinery Industry?

7 Companies	Price / Sales	Estimated Growth	Market Cap
WPRT Westport Fuel Systems	0.2x	6.1%	US$74.90m
BUI Buhler Industries	0.3x	n/a	US$51.55m
LEV Lion Electric	0.3x	29.4%	US$43.73m
REKO Reko International Group	0.4x	n/a	US$12.13m

7 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: NXH is expensive based on its Price-To-Sales Ratio (4.9x) compared to the Canadian Machinery industry average (1x).

Price to Sales Ratio vs Fair Ratio

What is NXH's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NXH PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	4.9x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate NXH's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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