NEXTRACKER INC-CL A (NXT)
US65290E1010 - Common Stock
Taking everything into account, NXT scores 8 out of 10 in our fundamental rating. NXT was compared to 88 industry peers in the Electrical Equipment industry. NXT has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. NXT has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination! This makes NXT very considerable for value and growth and quality investing!
1. Profitability
1.1 Basic Checks
In the past year NXT was profitable.
In the past year NXT had a positive cash flow from operations.
NXT had positive earnings in each of the past 5 years.
Of the past 5 years NXT 4 years had a positive operating cash flow.
1.2 Ratios
NXT has a better Return On Assets (17.54%) than 98.85% of its industry peers.
Looking at the Return On Equity, with a value of 38.36%, NXT belongs to the top of the industry, outperforming 98.85% of the companies in the same industry.
NXT has a better Return On Invested Capital (27.99%) than 100.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for NXT is significantly above the industry average of 9.38%.
The last Return On Invested Capital (27.99%) for NXT is above the 3 year average (17.04%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.54% | ||
| ROE | 38.36% | ||
| ROIC | 27.99% |
ROA(3y)5.75%
ROA(5y)10.09%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)17.04%
ROIC(5y)24.1%
1.3 Margins
The Profit Margin of NXT (17.33%) is better than 97.70% of its industry peers.
In the last couple of years the Profit Margin of NXT has grown nicely.
The Operating Margin of NXT (25.56%) is better than 98.85% of its industry peers.
In the last couple of years the Operating Margin of NXT has grown nicely.
NXT's Gross Margin of 36.13% is amongst the best of the industry. NXT outperforms 81.61% of its industry peers.
In the last couple of years the Gross Margin of NXT has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.56% | ||
| PM (TTM) | 17.33% | ||
| GM | 36.13% |
OM growth 3Y20.99%
OM growth 5Y165.92%
PM growth 3Y5.61%
PM growth 5YN/A
GM growth 3Y18.79%
GM growth 5Y30.61%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so NXT is creating value.
The number of shares outstanding for NXT has been increased compared to 1 year ago.
Compared to 5 years ago, NXT has less shares outstanding
NXT has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.15 indicates that NXT is not in any danger for bankruptcy at the moment.
NXT has a Altman-Z score of 3.15. This is in the better half of the industry: NXT outperforms 68.97% of its industry peers.
The Debt to FCF ratio of NXT is 0.34, which is an excellent value as it means it would take NXT, only 0.34 years of fcf income to pay off all of its debts.
NXT's Debt to FCF ratio of 0.34 is amongst the best of the industry. NXT outperforms 95.40% of its industry peers.
NXT has a Debt/Equity ratio of 0.11. This is a healthy value indicating a solid balance between debt and equity.
NXT has a better Debt to Equity ratio (0.11) than 62.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.34 | ||
| Altman-Z | 3.15 |
ROIC/WACC2.62
WACC10.69%
2.3 Liquidity
A Current Ratio of 2.21 indicates that NXT has no problem at all paying its short term obligations.
NXT has a better Current ratio (2.21) than 63.22% of its industry peers.
A Quick Ratio of 1.99 indicates that NXT should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.99, NXT is in the better half of the industry, outperforming 78.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.21 | ||
| Quick Ratio | 1.99 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 1791.80% over the past year.
Measured over the past years, NXT shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -11.33% on average per year.
The Revenue has grown by 34.43% in the past year. This is a very strong growth!
Measured over the past years, NXT shows a very strong growth in Revenue. The Revenue has been growing by 30.49% on average per year.
EPS 1Y (TTM)1791.8%
EPS 3Y-11.33%
EPS 5YN/A
EPS Q2Q%49.23%
Revenue 1Y (TTM)34.43%
Revenue growth 3Y27.87%
Revenue growth 5Y30.49%
Sales Q2Q%10.85%
3.2 Future
The Earnings Per Share is expected to grow by 6.22% on average over the next years.
The Revenue is expected to grow by 10.54% on average over the next years. This is quite good.
EPS Next Y8.11%
EPS Next 2Y5.73%
EPS Next 3Y6.31%
EPS Next 5Y6.22%
Revenue Next Year15.84%
Revenue Next 2Y13.27%
Revenue Next 3Y11.97%
Revenue Next 5Y10.54%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 10.37, the valuation of NXT can be described as reasonable.
Based on the Price/Earnings ratio, NXT is valued cheaper than 94.25% of the companies in the same industry.
When comparing the Price/Earnings ratio of NXT to the average of the S&P500 Index (27.41), we can say NXT is valued rather cheaply.
With a Price/Forward Earnings ratio of 11.62, the valuation of NXT can be described as very reasonable.
Based on the Price/Forward Earnings ratio, NXT is valued cheaper than 91.95% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.69. NXT is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.37 | ||
| Fwd PE | 11.62 |
4.2 Price Multiples
NXT's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. NXT is cheaper than 94.25% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, NXT is valued cheaply inside the industry as 90.80% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.39 | ||
| EV/EBITDA | 7.38 |
4.3 Compensation for Growth
NXT's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of NXT may justify a higher PE ratio.
PEG (NY)1.28
PEG (5Y)N/A
EPS Next 2Y5.73%
EPS Next 3Y6.31%
5. Dividend
5.1 Amount
NXT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NEXTRACKER INC-CL A
NASDAQ:NXT (1/3/2025, 8:00:02 PM)
After market: 39.63 0 (0%)39.63
+0.13 (+0.33%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners103.43%
Inst Owner Change1.08%
Ins Owners0.36%
Ins Owner Change-0.57%
Market Cap5.77B
Analysts78.82
Price Target54.56 (37.67%)
Short Float %7.67%
Short Ratio4.07
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)50.64%
Min EPS beat(2)42.57%
Max EPS beat(2)58.71%
EPS beat(4)4
Avg EPS beat(4)55.06%
Min EPS beat(4)21.79%
Max EPS beat(4)97.15%
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)2
Avg Revenue beat(2)8.84%
Min Revenue beat(2)2.25%
Max Revenue beat(2)15.43%
Revenue beat(4)4
Avg Revenue beat(4)9.55%
Min Revenue beat(4)2.25%
Max Revenue beat(4)15.43%
Revenue beat(8)6
Avg Revenue beat(8)5.38%
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)-2.69%
PT rev (3m)-10%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-30.76%
EPS NY rev (1m)0%
EPS NY rev (3m)4.6%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-15.21%
Revenue NY rev (1m)0.1%
Revenue NY rev (3m)-0.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.37 | ||
| Fwd PE | 11.62 | ||
| P/S | 2.06 | ||
| P/FCF | 13.39 | ||
| P/OCF | 12.79 | ||
| P/B | 4.56 | ||
| P/tB | 6.82 | ||
| EV/EBITDA | 7.38 |
EPS(TTM)3.82
EY9.64%
EPS(NY)3.41
Fwd EY8.6%
FCF(TTM)2.96
FCFY7.47%
OCF(TTM)3.1
OCFY7.82%
SpS19.25
BVpS8.7
TBVpS5.81
PEG (NY)1.28
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.54% | ||
| ROE | 38.36% | ||
| ROCE | 36.5% | ||
| ROIC | 27.99% | ||
| ROICexc | 39.22% | ||
| ROICexgc | 56.01% | ||
| OM | 25.56% | ||
| PM (TTM) | 17.33% | ||
| GM | 36.13% | ||
| FCFM | 15.37% |
ROA(3y)5.75%
ROA(5y)10.09%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)17.04%
ROIC(5y)24.1%
ROICexc(3y)21.79%
ROICexc(5y)30.22%
ROICexgc(3y)32.1%
ROICexgc(5y)N/A
ROCE(3y)22.22%
ROCE(5y)31.43%
ROICexcg growth 3Y-54.28%
ROICexcg growth 5Y101.15%
ROICexc growth 3Y-1.34%
ROICexc growth 5Y175.47%
OM growth 3Y20.99%
OM growth 5Y165.92%
PM growth 3Y5.61%
PM growth 5YN/A
GM growth 3Y18.79%
GM growth 5Y30.61%
F-Score6
Asset Turnover1.01
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.34 | ||
| Debt/EBITDA | 0.19 | ||
| Cap/Depr | 323.71% | ||
| Cap/Sales | 0.72% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 62.42% | ||
| Profit Quality | 88.7% | ||
| Current Ratio | 2.21 | ||
| Quick Ratio | 1.99 | ||
| Altman-Z | 3.15 |
F-Score6
WACC10.69%
ROIC/WACC2.62
Cap/Depr(3y)91.51%
Cap/Depr(5y)60.28%
Cap/Sales(3y)0.28%
Cap/Sales(5y)0.25%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)1791.8%
EPS 3Y-11.33%
EPS 5YN/A
EPS Q2Q%49.23%
EPS Next Y8.11%
EPS Next 2Y5.73%
EPS Next 3Y6.31%
EPS Next 5Y6.22%
Revenue 1Y (TTM)34.43%
Revenue growth 3Y27.87%
Revenue growth 5Y30.49%
Sales Q2Q%10.85%
Revenue Next Year15.84%
Revenue Next 2Y13.27%
Revenue Next 3Y11.97%
Revenue Next 5Y10.54%
EBIT growth 1Y168.02%
EBIT growth 3Y54.72%
EBIT growth 5Y247%
EBIT Next Year31.51%
EBIT Next 3Y14.41%
EBIT Next 5Y10.72%
FCF growth 1Y740.28%
FCF growth 3Y66.61%
FCF growth 5YN/A
OCF growth 1Y810.51%
OCF growth 3Y65.71%
OCF growth 5YN/A