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NEXTracker Inc Ordinary Shares - Class A NXT

Morningstar Rating
$42.67 −1.22 (2.78%)
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Company Report

Price vs Fair Value

NXT is trading at a 20% premium.
Price
$44.42
Fair Value
$26.00
Uncertainty
Very High
1-Star Price
$89.94
5-Star Price
$97.10
Economic Moat
Mdt
Capital Allocation
Pcqtvsxz

Bulls Say, Bears Say

Bulls

Nextracker’s best-in-class independent row tracker system, aligns its optimized energy yields with developer’s long-term project economics.

Bears

Cost-sensitive EPCs, which account for 75% of Nextracker’s customers, exhibit limited stickiness with tracker companies.

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News

Trading Information

Previous Close Price
$43.89
Day Range
$42.0343.17
52-Week Range
$29.3262.00
Bid/Ask
$42.50 / $42.60
Market Cap
$5.83 Bil
Volume/Avg
161,513 / 3.6 Mil

Key Statistics

Price/Earnings (Normalized)
30.61
Price/Sales
1.10
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Nextracker (and its subsidiaries) is a leading provider of intelligent, integrated solar tracker and software solutions used in utility-scale and distributed generation solar projects around the world. Nextracker’s products enable solar panels in utility-scale power plants to follow the sun’s movement across the sky and optimize plant performance. Nextracker has operations in the United States, Mexico, Spain and other countries in Europe, India, Australia, the Middle East, Africa, and Brazil.
Sector
Technology
Industry
Solar
Stock Style Box
Small Core
Total Number of Employees
606

Competitors

Valuation

Metric
NXT
SHLS
FSLR
Price/Earnings (Normalized)
30.6112.3622.17
Price/Book Value
2.652.82
Price/Sales
1.102.865.70
Price/Cash Flow
6.859.1616.77
Price/Earnings
NXT
SHLS
FSLR

Financial Strength

Metric
NXT
SHLS
FSLR
Quick Ratio
1.431.832.69
Current Ratio
1.872.453.55
Interest Coverage
3.2862.21
Quick Ratio
NXT
SHLS
FSLR

Profitability

Metric
NXT
SHLS
FSLR
Return on Assets (Normalized)
21.56%14.25%9.73%
Return on Equity (Normalized)
23.22%14.49%
Return on Invested Capital (Normalized)
56.89%18.64%12.31%
Return on Assets
NXT
SHLS
FSLR
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Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
FSLR
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ENPH
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XNYIF
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XISHY
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GCPEF
GCL Technology Holdings LtdZxxp$3.6 Bil
SEDG
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RUN
Sunrun IncGjdvdngbfMsm$2.2 Bil
SHLS
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SPWR
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