NEXTRACKER INC-CL A (NXT) Stock Fundamental Analysis
USA - NASDAQ:NXT - US65290E1010 - Common Stock
101.5 USD
+0.28 (+0.28%)
101.5 USD
0 (0%)
Overall NXT gets a fundamental rating of 7 out of 10. We evaluated NXT against 92 industry peers in the Electrical Equipment industry. NXT scores excellent on profitability, but there are some minor concerns on its financial health. NXT is not priced too expensively while it is growing strongly. Keep and eye on this one! These ratings would make NXT suitable for growth investing!
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.
Each year in the past 5 years NXT has been profitable.
Of the past 5 years NXT 4 years had a positive operating cash flow.
1.2 Ratios
NXT has a Return On Assets of 15.70%. This is amongst the best in the industry. NXT outperforms 95.65% of its industry peers.
NXT has a better Return On Equity (29.01%) than 95.65% of its industry peers.
NXT's Return On Invested Capital of 22.62% is amongst the best of the industry. NXT outperforms 97.83% of its industry peers.
NXT had an Average Return On Invested Capital over the past 3 years of 22.64%. This is significantly above the industry average of 10.22%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.7% | ||
| ROE | 29.01% | ||
| ROIC | 22.62% |
ROA(3y)9.4%
ROA(5y)9.46%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)22.64%
ROIC(5y)20.77%
1.3 Margins
With an excellent Profit Margin value of 17.08%, NXT belongs to the best of the industry, outperforming 93.48% of the companies in the same industry.
In the last couple of years the Profit Margin of NXT has grown nicely.
NXT's Operating Margin of 21.17% is amongst the best of the industry. NXT outperforms 98.91% of its industry peers.
In the last couple of years the Operating Margin of NXT has grown nicely.
NXT has a better Gross Margin (33.24%) than 77.17% of its industry peers.
In the last couple of years the Gross Margin of NXT has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.17% | ||
| PM (TTM) | 17.08% | ||
| GM | 33.24% |
OM growth 3Y68.41%
OM growth 5Y11.18%
PM growth 3Y70.15%
PM growth 5Y11.25%
GM growth 3Y50.07%
GM growth 5Y13.4%
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.
Compared to 1 year ago, NXT has more shares outstanding
Compared to 5 years ago, NXT has more shares outstanding
There is no outstanding debt for NXT. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
There is no outstanding debt for NXT. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | N/A |
ROIC/WACC2.59
WACC8.73%
2.3 Liquidity
A Current Ratio of 2.18 indicates that NXT has no problem at all paying its short term obligations.
NXT's Current ratio of 2.18 is fine compared to the rest of the industry. NXT outperforms 63.04% of its industry peers.
NXT has a Quick Ratio of 1.98. This is a normal value and indicates that NXT is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.98, NXT is doing good in the industry, outperforming 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.18 | ||
| Quick Ratio | 1.98 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 22.25% over the past year.
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.
Looking at the last year, NXT shows a very strong growth in Revenue. The Revenue has grown by 20.37%.
NXT shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 20.37% yearly.
EPS 1Y (TTM)22.25%
EPS 3Y41.03%
EPS 5Y32.95%
EPS Q2Q%22.68%
Revenue 1Y (TTM)20.37%
Revenue growth 3Y26.62%
Revenue growth 5Y20.37%
Sales Q2Q%42.43%
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 7.36% on average per year.
The Revenue is expected to grow by 11.57% on average over the next years. This is quite good.
EPS Next Y0.28%
EPS Next 2Y4.63%
EPS Next 3Y8.39%
EPS Next 5Y7.36%
Revenue Next Year18.36%
Revenue Next 2Y14.32%
Revenue Next 3Y14.5%
Revenue Next 5Y11.57%
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.
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 21.73, the valuation of NXT can be described as rather expensive.
Based on the Price/Earnings ratio, NXT is valued cheaper than 84.78% of the companies in the same industry.
NXT's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.11.
A Price/Forward Earnings ratio of 21.97 indicates a rather expensive valuation of NXT.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NXT indicates a somewhat cheap valuation: NXT is cheaper than 78.26% of the companies listed in the same industry.
NXT's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.55.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.73 | ||
| Fwd PE | 21.97 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NXT is valued a bit cheaper than the industry average as 78.26% 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 85.87% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.88 | ||
| EV/EBITDA | 19.18 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates NXT does not grow enough to justify the current Price/Earnings ratio.
NXT has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)78.68
PEG (5Y)0.66
EPS Next 2Y4.63%
EPS Next 3Y8.39%
5. Dividend
5.1 Amount
No dividends for NXT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
101.5
+0.28 (+0.28%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners103.55%
Inst Owner Change0.06%
Ins Owners0.46%
Ins Owner Change34.15%
Market Cap15.02B
Revenue(TTM)3.37B
Net Income(TTM)576.12M
Analysts78.75
Price Target101.2 (-0.3%)
Short Float %4.63%
Short Ratio2.88
Dividend
| Industry Rank | Sector 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)12.9%
Min EPS beat(2)8.58%
Max EPS beat(2)17.23%
EPS beat(4)4
Avg EPS beat(4)32.08%
Min EPS beat(4)8.58%
Max EPS beat(4)71.65%
EPS beat(8)8
Avg EPS beat(8)43.57%
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)3.88%
Min Revenue beat(2)0.65%
Max Revenue beat(2)7.12%
Revenue beat(4)4
Avg Revenue beat(4)5.37%
Min Revenue beat(4)0.65%
Max Revenue beat(4)10.35%
Revenue beat(8)8
Avg Revenue beat(8)7.46%
Revenue beat(12)10
Avg Revenue beat(12)5.38%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)39.62%
PT rev (3m)55.18%
EPS NQ rev (1m)-3.54%
EPS NQ rev (3m)-2.63%
EPS NY rev (1m)0.48%
EPS NY rev (3m)7.21%
Revenue NQ rev (1m)1.59%
Revenue NQ rev (3m)1.76%
Revenue NY rev (1m)0.38%
Revenue NY rev (3m)1.96%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.73 | ||
| Fwd PE | 21.97 | ||
| P/S | 4.45 | ||
| P/FCF | 24.88 | ||
| P/OCF | 23.13 | ||
| P/B | 7.56 | ||
| P/tB | 10.5 | ||
| EV/EBITDA | 19.18 |
EPS(TTM)4.67
EY4.6%
EPS(NY)4.62
Fwd EY4.55%
FCF(TTM)4.08
FCFY4.02%
OCF(TTM)4.39
OCFY4.32%
SpS22.8
BVpS13.42
TBVpS9.67
PEG (NY)78.68
PEG (5Y)0.66
Graham Number37.55
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.7% | ||
| ROE | 29.01% | ||
| ROCE | 28.02% | ||
| ROIC | 22.62% | ||
| ROICexc | 33.84% | ||
| ROICexgc | 50.2% | ||
| OM | 21.17% | ||
| PM (TTM) | 17.08% | ||
| GM | 33.24% | ||
| FCFM | 17.89% |
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%
ROICexgc growth 3Y35.26%
ROICexgc 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-Score4
Asset Turnover0.92
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 201.79% | ||
| Cap/Sales | 1.36% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 88.13% | ||
| Profit Quality | 104.77% | ||
| Current Ratio | 2.18 | ||
| Quick Ratio | 1.98 | ||
| Altman-Z | N/A |
F-Score4
WACC8.73%
ROIC/WACC2.59
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)22.25%
EPS 3Y41.03%
EPS 5Y32.95%
EPS Q2Q%22.68%
EPS Next Y0.28%
EPS Next 2Y4.63%
EPS Next 3Y8.39%
EPS Next 5Y7.36%
Revenue 1Y (TTM)20.37%
Revenue growth 3Y26.62%
Revenue growth 5Y20.37%
Sales Q2Q%42.43%
Revenue Next Year18.36%
Revenue Next 2Y14.32%
Revenue Next 3Y14.5%
Revenue Next 5Y11.57%
EBIT growth 1Y0%
EBIT growth 3Y113.25%
EBIT growth 5Y33.82%
EBIT Next Year24%
EBIT Next 3Y16.91%
EBIT Next 5Y12.29%
FCF growth 1Y98.15%
FCF growth 3YN/A
FCF growth 5Y21.04%
OCF growth 1Y110.91%
OCF growth 3YN/A
OCF growth 5Y22.17%
NEXTRACKER INC-CL A / NXT FAQ
What is the ChartMill fundamental rating of NEXTRACKER INC-CL A (NXT) stock?
ChartMill assigns a fundamental rating of 7 / 10 to NXT.
What is the valuation status for NXT stock?
ChartMill assigns a valuation rating of 5 / 10 to NEXTRACKER INC-CL A (NXT). This can be considered as Fairly Valued.
How profitable is NEXTRACKER INC-CL A (NXT) stock?
NEXTRACKER INC-CL A (NXT) has a profitability rating of 9 / 10.
Can you provide the PE and PB ratios for NXT stock?
The Price/Earnings (PE) ratio for NEXTRACKER INC-CL A (NXT) is 21.73 and the Price/Book (PB) ratio is 7.56.
Can you provide the financial health for NXT stock?
The financial health rating of NEXTRACKER INC-CL A (NXT) is 6 / 10.