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NEXT HYDROGEN SOLUTIONS INC (NXH.CA) Stock Fundamental Analysis

TSX-V:NXH - TSX Venture Exchange - CA65345D1087 - Common Stock - Currency: CAD

0.81  -0.12 (-12.9%)

Fundamental Rating

2

Overall NXH gets a fundamental rating of 2 out of 10. We evaluated NXH against 21 industry peers in the Machinery industry. NXH has a bad profitability rating. Also its financial health evaluation is rather negative. NXH is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

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0

1. Profitability

1.1 Basic Checks

In the past year NXH has reported negative net income.
NXH had a negative operating cash flow in the past year.
NXH.CA Yearly Net Income VS EBIT VS OCF VS FCFNXH.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2020 2021 2022 2023 -5M -10M -15M -20M -25M

1.2 Ratios

The Return On Assets of NXH (-91.66%) is worse than 90.48% of its industry peers.
With a Return On Equity value of -824.12%, NXH is not doing good in the industry: 90.48% of the companies in the same industry are doing better.
Industry RankSector Rank
ROA -91.66%
ROE -824.12%
ROIC N/A
ROA(3y)-48.45%
ROA(5y)N/A
ROE(3y)-76.19%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
NXH.CA Yearly ROA, ROE, ROICNXH.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2020 2021 2022 2023 0 500 1K 1.5K

1.3 Margins

NXH's Gross Margin of 28.91% is in line compared to the rest of the industry. NXH outperforms 52.38% of its industry peers.
In the last couple of years the Gross Margin of NXH has declined.
NXH does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 28.91%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-28.33%
GM growth 5YN/A
NXH.CA Yearly Profit, Operating, Gross MarginsNXH.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2020 2021 2022 2023 0 -100K -200K -300K

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1

2. Health

2.1 Basic Checks

NXH does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, NXH has about the same amount of shares outstanding.
Compared to 1 year ago, NXH has a worse debt to assets ratio.
NXH.CA Yearly Shares OutstandingNXH.CA Yearly Shares OutstandingYearly Shares Outstanding 2020 2021 2022 2023 5M 10M 15M 20M
NXH.CA Yearly Total Debt VS Total AssetsNXH.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2020 2021 2022 2023 10M 20M 30M 40M

2.2 Solvency

Based on the Altman-Z score of -8.97, we must say that NXH is in the distress zone and has some risk of bankruptcy.
NXH has a Altman-Z score of -8.97. This is amonst the worse of the industry: NXH underperforms 90.48% of its industry peers.
A Debt/Equity ratio of 1.08 is on the high side and indicates that NXH has dependencies on debt financing.
NXH has a Debt to Equity ratio (1.08) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 1.08
Debt/FCF N/A
Altman-Z -8.97
ROIC/WACCN/A
WACC9.22%
NXH.CA Yearly LT Debt VS Equity VS FCFNXH.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2020 2021 2022 2023 0 10M -10M 20M 30M

2.3 Liquidity

NXH has a Current Ratio of 1.46. This is a normal value and indicates that NXH is financially healthy and should not expect problems in meeting its short term obligations.
NXH has a Current ratio (1.46) which is in line with its industry peers.
A Quick Ratio of 0.84 indicates that NXH may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.84, NXH is in line with its industry, outperforming 47.62% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.46
Quick Ratio 0.84
NXH.CA Yearly Current Assets VS Current LiabilitesNXH.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2020 2021 2022 2023 10M 20M 30M 40M

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3. Growth

3.1 Past

The Earnings Per Share has grown by an nice 16.13% over the past year.
The Revenue has grown by 191.85% in the past year. This is a very strong growth!
Measured over the past years, NXH shows a very strong growth in Revenue. The Revenue has been growing by 711.69% on average per year.
EPS 1Y (TTM)16.13%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-67.96%
Revenue 1Y (TTM)191.85%
Revenue growth 3Y711.69%
Revenue growth 5YN/A
Sales Q2Q%127.19%

3.2 Future

Based on estimates for the next years, NXH will show a very negative growth in Earnings Per Share. The EPS will decrease by -10.82% on average per year.
The Revenue is expected to grow by 100.77% on average over the next years. This is a very strong growth
EPS Next Y-20.83%
EPS Next 2Y-10.82%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year250%
Revenue Next 2Y220.94%
Revenue Next 3Y153.26%
Revenue Next 5Y100.77%

3.3 Evolution

The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
NXH.CA Yearly Revenue VS EstimatesNXH.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 20M 40M 60M
NXH.CA Yearly EPS VS EstimatesNXH.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 -0.2 -0.4 -0.6 -0.8 -1

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4. Valuation

4.1 Price/Earnings Ratio

NXH reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for NXH. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
NXH.CA Price Earnings VS Forward Price EarningsNXH.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
NXH.CA Per share dataNXH.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 -0.2 -0.4 -0.6

4.3 Compensation for Growth

A cheap valuation may be justified as NXH's earnings are expected to decrease with -10.82% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-10.82%
EPS Next 3YN/A

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5. Dividend

5.1 Amount

NXH does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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NEXT HYDROGEN SOLUTIONS INC

TSX-V:NXH (2/21/2025, 7:00:00 PM)

0.81

-0.12 (-12.9%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)11-14 2024-11-14
Earnings (Next)N/A N/A
Inst Owners17.6%
Inst Owner ChangeN/A
Ins Owners18.54%
Ins Owner ChangeN/A
Market Cap18.55M
Analysts40
Price Target0.51 (-37.04%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-49.53%
Min Revenue beat(2)-88.31%
Max Revenue beat(2)-10.76%
Revenue beat(4)0
Avg Revenue beat(4)-38.89%
Min Revenue beat(4)-88.31%
Max Revenue beat(4)-10.76%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 9.02
P/FCF N/A
P/OCF N/A
P/B 10.49
P/tB 16.57
EV/EBITDA N/A
EPS(TTM)-0.52
EYN/A
EPS(NY)-0.64
Fwd EYN/A
FCF(TTM)-0.38
FCFYN/A
OCF(TTM)-0.27
OCFYN/A
SpS0.09
BVpS0.08
TBVpS0.05
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -91.66%
ROE -824.12%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 28.91%
FCFM N/A
ROA(3y)-48.45%
ROA(5y)N/A
ROE(3y)-76.19%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-28.33%
GM growth 5YN/A
F-Score3
Asset Turnover0.13
Health
Industry RankSector Rank
Debt/Equity 1.08
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 275.74%
Cap/Sales 116.32%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.46
Quick Ratio 0.84
Altman-Z -8.97
F-Score3
WACC9.22%
ROIC/WACCN/A
Cap/Depr(3y)420.06%
Cap/Depr(5y)N/A
Cap/Sales(3y)484.51%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)16.13%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-67.96%
EPS Next Y-20.83%
EPS Next 2Y-10.82%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)191.85%
Revenue growth 3Y711.69%
Revenue growth 5YN/A
Sales Q2Q%127.19%
Revenue Next Year250%
Revenue Next 2Y220.94%
Revenue Next 3Y153.26%
Revenue Next 5Y100.77%
EBIT growth 1Y-17.95%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year24.31%
EBIT Next 3Y5.92%
EBIT Next 5Y7.71%
FCF growth 1Y52.93%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y55.97%
OCF growth 3YN/A
OCF growth 5YN/A