NEXTRACKER INC-CL A (NXT)
US65290E1010 - Common Stock
Overall NXT gets a fundamental rating of 8 out of 10. We evaluated NXT against 88 industry peers in the Electrical Equipment industry. NXT gets an excellent profitability rating and is at the same time showing great financial health properties. 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.
NXT had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
NXT has a better Return On Assets (17.54%) than 98.85% of its industry peers.
NXT has a Return On Equity of 38.36%. This is amongst the best in the industry. NXT outperforms 98.85% of its industry peers.
NXT has a Return On Invested Capital of 27.99%. This is amongst the best in the industry. NXT outperforms 100.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NXT is significantly above the industry average of 9.38%.
The 3 year average ROIC (17.04%) for NXT is below the current ROIC(27.99%), indicating increased profibility in the last year.
| 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
Looking at the Profit Margin, with a value of 17.33%, NXT belongs to the top of the industry, outperforming 97.70% of the companies in the same industry.
NXT's Profit Margin has improved in the last couple of years.
The Operating Margin of NXT (25.56%) is better than 98.85% of its industry peers.
NXT's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 36.13%, NXT belongs to the best of the industry, outperforming 81.61% of the companies in the same industry.
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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), NXT is creating value.
NXT has more shares outstanding than it did 1 year ago.
NXT has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, NXT has an improved debt to assets ratio.
2.2 Solvency
NXT has an Altman-Z score of 3.18. This indicates that NXT is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.18, NXT is in the better half of the industry, outperforming 68.97% of the companies in the same industry.
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.
The Debt to FCF ratio of NXT (0.34) is better than 95.40% of its industry peers.
A Debt/Equity ratio of 0.11 indicates that NXT is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.11, NXT is in the better half of the industry, outperforming 62.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.34 | ||
| Altman-Z | 3.18 |
ROIC/WACC2.89
WACC9.68%
2.3 Liquidity
NXT has a Current Ratio of 2.21. This indicates that NXT is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.21, NXT is in the better half of the industry, outperforming 63.22% of the companies in the same industry.
A Quick Ratio of 1.99 indicates that NXT should not have too much problems paying its short term obligations.
NXT has a better Quick ratio (1.99) than 78.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.21 | ||
| Quick Ratio | 1.99 |
3. Growth
3.1 Past
NXT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 1791.80%, which is quite impressive.
NXT shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -11.33% yearly.
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 8.73% on average over the next years. This is quite good.
NXT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.61% yearly.
EPS Next Y8.11%
EPS Next 2Y5.69%
EPS Next 3Y6.31%
EPS Next 5Y8.73%
Revenue Next Year15.72%
Revenue Next 2Y13.22%
Revenue Next 3Y11.94%
Revenue Next 5Y10.61%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
NXT is valuated reasonably with a Price/Earnings ratio of 10.21.
93.10% of the companies in the same industry are more expensive than NXT, based on the Price/Earnings ratio.
NXT is valuated cheaply when we compare the Price/Earnings ratio to 29.70, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 11.44, the valuation of NXT can be described as very reasonable.
NXT's Price/Forward Earnings ratio is rather cheap when compared to the industry. NXT is cheaper than 91.95% of the companies in the same industry.
NXT's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.16.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.21 | ||
| Fwd PE | 11.44 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NXT is valued cheaply inside the industry as 94.25% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NXT indicates a rather cheap valuation: NXT is cheaper than 91.95% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.17 | ||
| EV/EBITDA | 7.46 |
4.3 Compensation for Growth
The 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)1.26
PEG (5Y)N/A
EPS Next 2Y5.69%
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 (12/3/2024, 12:06:08 PM)
38.99
-0.9 (-2.26%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap5.67B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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EPS beat(8)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.21 | ||
| Fwd PE | 11.44 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.26
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.54% | ||
| ROE | 38.36% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 25.56% | ||
| PM (TTM) | 17.33% | ||
| GM | 36.13% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.01
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.21 | ||
| Quick Ratio | 1.99 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)1791.8%
EPS 3Y-11.33%
EPS 5Y
EPS Q2Q%
EPS Next Y8.11%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)34.43%
Revenue growth 3Y27.87%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y