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NEXTRACKER INC-CL A (NXT) Stock Fundamental Analysis

NASDAQ:NXT - Nasdaq - US65290E1010 - Common Stock - Currency: USD

56.305  -0.27 (-0.47%)

After market: 56.305 0 (0%)

Fundamental Rating

7

NXT gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 93 industry peers in the Electrical Equipment industry. NXT gets an excellent profitability rating and is at the same time showing great financial health properties. An interesting combination arises when we look at growth and value: NXT is growing strongly while it also seems undervalued. These ratings could make NXT a good candidate for value and growth and quality investing.


Dividend Valuation Growth Profitability Health

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9

1. Profitability

1.1 Basic Checks

NXT had positive earnings in the past year.
In the past year NXT had a positive cash flow from operations.
In the past 5 years NXT has always been profitable.
NXT had a positive operating cash flow in 4 of the past 5 years.
NXT Yearly Net Income VS EBIT VS OCF VS FCFNXT Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2019 2020 2021 2022 2023 2024 2025 0 200M 400M 600M

1.2 Ratios

Looking at the Return On Assets, with a value of 15.95%, NXT belongs to the top of the industry, outperforming 95.70% of the companies in the same industry.
NXT has a better Return On Equity (31.27%) than 96.77% of its industry peers.
With an excellent Return On Invested Capital value of 23.95%, NXT belongs to the best of the industry, outperforming 97.85% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for NXT is significantly above the industry average of 9.89%.
The last Return On Invested Capital (23.95%) for NXT is above the 3 year average (22.64%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 15.95%
ROE 31.27%
ROIC 23.95%
ROA(3y)9.4%
ROA(5y)9.46%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)22.64%
ROIC(5y)20.77%
NXT Yearly ROA, ROE, ROICNXT Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 2024 2025 0 10 20 30 40 50

1.3 Margins

With an excellent Profit Margin value of 17.21%, NXT belongs to the best of the industry, outperforming 96.77% of the companies in the same industry.
In the last couple of years the Profit Margin of NXT has grown nicely.
With an excellent Operating Margin value of 21.65%, NXT belongs to the best of the industry, outperforming 98.92% of the companies in the same industry.
In the last couple of years the Operating Margin of NXT has grown nicely.
The Gross Margin of NXT (34.09%) is better than 76.34% of its industry peers.
In the last couple of years the Gross Margin of NXT has grown nicely.
Industry RankSector Rank
OM 21.65%
PM (TTM) 17.21%
GM 34.09%
OM growth 3Y68.41%
OM growth 5Y11.18%
PM growth 3Y70.15%
PM growth 5Y11.25%
GM growth 3Y50.07%
GM growth 5Y13.4%
NXT Yearly Profit, Operating, Gross MarginsNXT Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023 2024 2025 0 10 20 30

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7

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), NXT is creating some value.
NXT has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, NXT has more shares outstanding
NXT has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
NXT Yearly Shares OutstandingNXT Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 2024 2025 50M 100M
NXT Yearly Total Debt VS Total AssetsNXT Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

2.2 Solvency

An Altman-Z score of 4.10 indicates that NXT is not in any danger for bankruptcy at the moment.
NXT's Altman-Z score of 4.10 is fine compared to the rest of the industry. NXT outperforms 74.19% of its industry peers.
NXT has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 4.1
ROIC/WACC1.52
WACC15.73%
NXT Yearly LT Debt VS Equity VS FCFNXT Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 2024 2025 0 1B -1B -2B -3B

2.3 Liquidity

A Current Ratio of 2.09 indicates that NXT has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.09, NXT is in the better half of the industry, outperforming 60.22% of the companies in the same industry.
A Quick Ratio of 1.89 indicates that NXT should not have too much problems paying its short term obligations.
NXT has a Quick ratio of 1.89. This is in the better half of the industry: NXT outperforms 72.04% of its industry peers.
Industry RankSector Rank
Current Ratio 2.09
Quick Ratio 1.89
NXT Yearly Current Assets VS Current LiabilitesNXT Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B

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7

3. Growth

3.1 Past

NXT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 27.14%, which is quite impressive.
Measured over the past years, NXT shows a very strong growth in Earnings Per Share. The EPS has been growing by 32.95% on average per year.
NXT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.38%.
NXT shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 20.37% yearly.
EPS 1Y (TTM)27.14%
EPS 3Y41.03%
EPS 5Y32.95%
EPS Q2Q%24.73%
Revenue 1Y (TTM)18.38%
Revenue growth 3Y26.62%
Revenue growth 5Y20.37%
Sales Q2Q%20.05%

3.2 Future

Based on estimates for the next years, NXT will show a small growth in Earnings Per Share. The EPS will grow by 3.13% on average per year.
The Revenue is expected to grow by 9.87% on average over the next years. This is quite good.
EPS Next Y-6.47%
EPS Next 2Y1.97%
EPS Next 3Y4.14%
EPS Next 5Y3.13%
Revenue Next Year16.09%
Revenue Next 2Y13.35%
Revenue Next 3Y12.93%
Revenue Next 5Y9.87%

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 decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
NXT Yearly Revenue VS EstimatesNXT Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 1B 2B 3B 4B
NXT Yearly EPS VS EstimatesNXT Yearly EPS VS EstimatesYearly EPS VS Estimates 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 1 2 3 4

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7

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 12.65 indicates a correct valuation of NXT.
NXT's Price/Earnings ratio is rather cheap when compared to the industry. NXT is cheaper than 90.32% of the companies in the same industry.
NXT is valuated cheaply when we compare the Price/Earnings ratio to 26.82, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 12.83, NXT is valued correctly.
Based on the Price/Forward Earnings ratio, NXT is valued cheaply inside the industry as 88.17% of the companies are valued more expensively.
NXT is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.21, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 12.65
Fwd PE 12.83
NXT Price Earnings VS Forward Price EarningsNXT Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

87.10% of the companies in the same industry are more expensive than NXT, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, NXT is valued cheaper than 91.40% of the companies in the same industry.
Industry RankSector Rank
P/FCF 13.38
EV/EBITDA 11.62
NXT Per share dataNXT EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20

4.3 Compensation for Growth

NXT has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.38
EPS Next 2Y1.97%
EPS Next 3Y4.14%

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0

5. Dividend

5.1 Amount

No dividends for NXT!.
Industry RankSector Rank
Dividend Yield N/A

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NEXTRACKER INC-CL A

NASDAQ:NXT (8/4/2025, 4:30:02 PM)

After market: 56.305 0 (0%)

56.305

-0.27 (-0.47%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)07-29 2025-07-29/amc
Earnings (Next)10-28 2025-10-28/amc
Inst Owners105.45%
Inst Owner Change0.75%
Ins Owners0.92%
Ins Owner Change33.83%
Market Cap8.32B
Analysts77.93
Price Target65.22 (15.83%)
Short Float %5.36%
Short Ratio3.08
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/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)51.25%
Min EPS beat(2)30.86%
Max EPS beat(2)71.65%
EPS beat(4)4
Avg EPS beat(4)50.95%
Min EPS beat(4)30.86%
Max EPS beat(4)71.65%
EPS beat(8)8
Avg EPS beat(8)57.84%
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)6.86%
Min Revenue beat(2)3.37%
Max Revenue beat(2)10.35%
Revenue beat(4)4
Avg Revenue beat(4)7.85%
Min Revenue beat(4)2.25%
Max Revenue beat(4)15.43%
Revenue beat(8)7
Avg Revenue beat(8)7.1%
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)2.22%
PT rev (3m)16.27%
EPS NQ rev (1m)0.65%
EPS NQ rev (3m)13.14%
EPS NY rev (1m)-0.01%
EPS NY rev (3m)1.03%
Revenue NQ rev (1m)0.92%
Revenue NQ rev (3m)11.48%
Revenue NY rev (1m)0.15%
Revenue NY rev (3m)4.51%
Valuation
Industry RankSector Rank
PE 12.65
Fwd PE 12.83
P/S 2.81
P/FCF 13.38
P/OCF 12.69
P/B 5.11
P/tB 6.91
EV/EBITDA 11.62
EPS(TTM)4.45
EY7.9%
EPS(NY)4.39
Fwd EY7.79%
FCF(TTM)4.21
FCFY7.47%
OCF(TTM)4.44
OCFY7.88%
SpS20.02
BVpS11.01
TBVpS8.14
PEG (NY)N/A
PEG (5Y)0.38
Profitability
Industry RankSector Rank
ROA 15.95%
ROE 31.27%
ROCE 29.67%
ROIC 23.95%
ROICexc 37.12%
ROICexgc 53.38%
OM 21.65%
PM (TTM) 17.21%
GM 34.09%
FCFM 21.01%
ROA(3y)9.4%
ROA(5y)9.46%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)22.64%
ROIC(5y)20.77%
ROICexc(3y)31.84%
ROICexc(5y)29.73%
ROICexgc(3y)44.36%
ROICexgc(5y)142.76%
ROCE(3y)28.05%
ROCE(5y)25.73%
ROICexcg growth 3Y35.26%
ROICexcg growth 5YN/A
ROICexc growth 3Y53.04%
ROICexc growth 5Y-4.83%
OM growth 3Y68.41%
OM growth 5Y11.18%
PM growth 3Y70.15%
PM growth 5Y11.25%
GM growth 3Y50.07%
GM growth 5Y13.4%
F-Score7
Asset Turnover0.93
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Debt/EBITDA 0
Cap/Depr 253.01%
Cap/Sales 1.15%
Interest Coverage 250
Cash Conversion 100.27%
Profit Quality 122.14%
Current Ratio 2.09
Quick Ratio 1.89
Altman-Z 4.1
F-Score7
WACC15.73%
ROIC/WACC1.52
Cap/Depr(3y)158.16%
Cap/Depr(5y)109.04%
Cap/Sales(3y)0.53%
Cap/Sales(5y)0.45%
Profit Quality(3y)3133.81%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)27.14%
EPS 3Y41.03%
EPS 5Y32.95%
EPS Q2Q%24.73%
EPS Next Y-6.47%
EPS Next 2Y1.97%
EPS Next 3Y4.14%
EPS Next 5Y3.13%
Revenue 1Y (TTM)18.38%
Revenue growth 3Y26.62%
Revenue growth 5Y20.37%
Sales Q2Q%20.05%
Revenue Next Year16.09%
Revenue Next 2Y13.35%
Revenue Next 3Y12.93%
Revenue Next 5Y9.87%
EBIT growth 1Y9.11%
EBIT growth 3Y113.25%
EBIT growth 5Y33.82%
EBIT Next Year18.79%
EBIT Next 3Y13.95%
EBIT Next 5Y10.17%
FCF growth 1Y47.25%
FCF growth 3YN/A
FCF growth 5Y21.04%
OCF growth 1Y52.88%
OCF growth 3YN/A
OCF growth 5Y22.17%