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Nano One Materials
(TSX:NANO)
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Rating:47Neutral
Price Target:
C$0.89
▼(-28.47% Downside)
Action:Upgraded
Date:08/19/26
Overall score is held down primarily by weak financial performance: no revenue, ongoing losses, persistent negative free cash flow, and rising leverage alongside declining equity. Technicals provide partial support with positive momentum and the price above key short-term moving averages, but valuation remains difficult to justify on a negative P/E and no dividend yield.
Nano One Materials (NANO) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$94.63M
Dividend YieldN/A
Average Volume (3M)59.82K
Price to Earnings (P/E)―
Beta (1Y)0.85
Revenue GrowthN/A
EPS Growth-42.93%
CountryCA
Employees104
SectorN/A
Sector StrengthN/A
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)-0.04
Shares Outstanding119,781,400
10 Day Avg. Volume65,329
30 Day Avg. Volume59,816
Financial Highlights & Ratios
PEG Ratio0.17
Price to Book (P/B)5.34
Price to Sales (P/S)0.00
P/FCF Ratio-9.10
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$2.80Price Target Upside126.10% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Nano One Materials Business Overview & Revenue Model
Company Description
Nano One Materials Corp. operates as a process technology company transforming cathode active material production for lithium-ion batteries in Canada. The company offers One-PotTM, a process to produce cathode active materials for lithium-ion batt...
How the Company Makes Money
Nano One primarily makes money through technology commercialization rather than large-scale cathode powder sales. Key revenue streams include: (1) licensing its patented cathode manufacturing process and related intellectual property to cathode pr...
Nano One Materials Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
38
Negative
Cash Flow
22
Negative
| Breakdown |
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Income Statement |
| Total Revenue |
| Gross Profit |
| EBITDA |
| Net Income |
Balance Sheet |
| Total Assets |
| Cash, Cash Equivalents and Short-Term Investments |
| Total Debt |
| Total Liabilities |
| Stockholders Equity |
Cash Flow |
| Free Cash Flow |
| Operating Cash Flow |
| Investing Cash Flow |
| Financing Cash Flow |
Nano One Materials Technical Analysis
Negative
1.24
Price Trends
0.83
Negative
0.79
Negative
0.87
Negative
Market Momentum
-0.01
Positive
41.89
Neutral
36.31
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NANO, the sentiment is Negative. The current price of 1.24 is above the 20-day moving average (MA) of 0.82, above the 50-day MA of 0.83, and above the 200-day MA of 0.87, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 41.89 is Neutral, neither overbought nor oversold. The STOCH value of 36.31 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:NANO.
Nano One Materials Peers Comparison
UnderperformOutperform
Sector (―)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | ― | ― | ― | ― | ― | ― | |
57 Neutral | C$172.54M | -20.79 | -5.06% | 2.20% | 6.10% | -46.82% | |
48 Neutral | C$83.47M | -62.73 | -2.47% | ― | 1.02% | -62.32% | |
47 Neutral | C$94.63M | -5.62 | -81.75% | ― | ― | -42.93% | |
47 Neutral | C$260.86M | -8.22 | -969.63% | ― | 224.03% | -204.33% | |
45 Neutral | C$18.71M | -7.12 | -89.62% | ― | -29.28% | -95.12% | |
41 Neutral | C$5.25M | -5.25 | -24.00% | ― | ― | -904.55% |
* Sector Average
TSE:NANO
Nano One Materials
0.79
-1.04
-56.83%
TSE:BOS
Airboss of America
6.35
1.82
40.24%
TSE:CNO
California Nanotechnologies
0.40
0.00
0.00%
TSE:ECO
EcoSynthetix
1.42
-2.95
-67.51%
TSE:GMG
Graphene Manufacturing Group Ltd
1.95
0.84
75.68%
TSE:SURE
SureNano Science Ltd
0.13
-0.02
-16.67%
Nano One Materials Corporate Events
Business Operations and StrategyExecutive/Board Changes
Nano One Taps Former Tesla Executive Aleem Ladak to Lead Corporate Development
Positive
Sep 1, 2026
Nano One Materials has appointed critical minerals specialist Aleem Ladak as Director of Corporate Development to drive its commercial and strategic agenda, including its Design-One-Build-Many growth strategy. Ladak, who previously led battery mat...
Business Operations and Strategy
Nano One Moves to Capital-Light DevCos Model as Global LFP Demand Localizes
Positive
Aug 26, 2026
Nano One Materials is positioning its proprietary One-Pot cathode technology at the center of a rapidly growing global LFP market, driven by energy storage, electric vehicles and defence applications. The company’s approach is tailored to po...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.