Next Hydrogen Solutions Inc. is a Canada-based designer and manufacturer of electrolyzers that use water and electricity as inputs to generate clean hydrogen for use as an energy source. The Company’s cell design architecture is supported by approximately 39 patents, which enables high-current density operations to convert intermittent renewable electricity into green hydrogen on an infrastructure scale. The Company is focused on scaling up its technology to deliver commercial solutions to decarbonize transportation and industrial sectors. Its product is a large-scale hydrogen generator, which makes hydrogen at the user's site from common plant utilities - water and electricity. The hydrogen generator system uses water electrolysis to generate high-purity hydrogen on demand. Its products include Model NH-100, Model NH-300 and Model NH-500. It has also completed the installation of multiple test platforms at its 27,000 square foot facility in Mississauga, Ontario.
Metrics to compare | NXH | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipNXHPeersSector | |
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P/E Ratio | 0.0x | −6.2x | 12.5x | |
PEG Ratio | 0.00 | −0.07 | 0.03 | |
Price/Book | 0.0x | 1.0x | 1.4x | |
Price / LTM Sales | 0.0x | 1.4x | 1.2x | |
Upside (Analyst Target) | 0.0% | 26.5% | 15.3% | |
Fair Value Upside | Unlock | 6.4% | 6.9% | Unlock |