Next Hydrogen Solutions Stock Price To Earning
| NXH Stock | 0.41 0.03 6.82% |
Next Hydrogen Solutions fundamentals help investors to digest information that contributes to Next Hydrogen's financial success or failures. It also enables traders to predict the movement of Next Stock. The fundamental analysis module provides a way to measure Next Hydrogen's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Next Hydrogen stock.
Next | Price To Earning |
Next Hydrogen Solutions Company Price To Earning Analysis
Next Hydrogen's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Next Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Next Hydrogen is extremely important. It helps to project a fair market value of Next Stock properly, considering its historical fundamentals such as Price To Earning. Since Next Hydrogen's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Next Hydrogen's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Next Hydrogen's interrelated accounts and indicators.
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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Next Retained Earnings
Retained Earnings |
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Based on the latest financial disclosure, Next Hydrogen Solutions has a Price To Earning of 0.0 times. This is 100.0% lower than that of the Machinery sector and about the same as Industrials (which currently averages 0.0) industry. The price to earning for all Canada stocks is 100.0% higher than that of the company.
Next Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Next Hydrogen's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Next Hydrogen could also be used in its relative valuation, which is a method of valuing Next Hydrogen by comparing valuation metrics of similar companies.Next Hydrogen is currently under evaluation in price to earning category among its peers.
Next Fundamentals
| Return On Equity | -1.1 | ||||
| Return On Asset | -0.34 | ||||
| Operating Margin | (7.10) % | ||||
| Current Valuation | 8.2 M | ||||
| Shares Outstanding | 22.9 M | ||||
| Shares Owned By Insiders | 18.54 % | ||||
| Shares Owned By Institutions | 17.59 % | ||||
| Number Of Shares Shorted | 44 | ||||
| Price To Book | 5.31 X | ||||
| Price To Sales | 4.72 X | ||||
| Revenue | 951.91 K | ||||
| Gross Profit | 95.35 K | ||||
| EBITDA | (12.72 M) | ||||
| Net Income | (12.01 M) | ||||
| Total Debt | 62.85 K | ||||
| Book Value Per Share | 0.55 X | ||||
| Cash Flow From Operations | (8.22 M) | ||||
| Earnings Per Share | (0.63) X | ||||
| Target Price | 0.5 | ||||
| Beta | 0.23 | ||||
| Market Capitalization | 9.39 M | ||||
| Total Asset | 25.44 M | ||||
| Retained Earnings | (69.77 M) | ||||
| Working Capital | 11.64 M | ||||
| Net Asset | 25.44 M |
About Next Hydrogen Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Next Hydrogen Solutions's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Next Hydrogen using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Next Hydrogen Solutions based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Next Stock Analysis
When running Next Hydrogen's price analysis, check to measure Next Hydrogen's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Next Hydrogen is operating at the current time. Most of Next Hydrogen's value examination focuses on studying past and present price action to predict the probability of Next Hydrogen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Next Hydrogen's price. Additionally, you may evaluate how the addition of Next Hydrogen to your portfolios can decrease your overall portfolio volatility.