Nextracker Inc.

Symbol: NXT




Market price today

  • 318.7339

    P/E Ratio

  • -4.8562

    PEG Ratio

  • 6.25B

    MRK Cap

  • 0.00%

    DIV Yield

Nextracker Inc. (NXT) Stock Price & Analysis

Shares Outstanding


Gross Profit Margin


Operating Profit Margin


Net Profit Margin


Return on Assets


Return on Equity


Return on Capital Employed


Company general description and statistics

Sector: Energy
Industry: Solar
CEO:Mr. Daniel S. Shugar
Full-time employees:606
Address:6200 Paseo Padre Parkway

Nextracker Inc., an energy solutions company, provides solar tracker solutions for PV projects. The company offers solar trackers, such as Bifacial PV modules for large-scale solar; NX Horizon for solar power plants; NX Gemini two-in-portrait solar tracker that optimizes lifetime value and performance of power plants for project developers and asset owners; and NX Horizon — XTR, an all-terrain solar tracker. It also provides TrueCapture, an intelligent and self-adjusting tracker control system for PV power plants; and NX Navigator, an operational control and risk mitigation software. The company was incorporated in 2013 and is based in Fremont, California. Nextracker Inc. operates as a subsidiary of Flex Ltd.

General Outlook

When we look at how much money they make before expenses, they keep 0.247% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is 0.156%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of 0.004%. This tells us they're good at keeping money after all costs.

Return on Investments

The company's asset efficiency, represented by a robust 0.004% return, is a testament to Nextracker Inc.'s adeptness in optimizing resource deployment. Nextracker Inc.'s utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of -0.003%. Furthermore, the proficiency of Nextracker Inc. in capital utilization is underscored by a remarkable 0.267% return on capital employed.

Liquidity Ratios

Analyzing NXT liquidity ratios reveals its financial health of the firm. The current ratio of 186.84% gauges short-term asset coverage for liabilities. The quick ratio (142.82%) assesses immediate liquidity, while the cash ratio (48.43%) indicates cash reserves.

Current Ratio186.84%
Quick Ratio142.82%
Cash Ratio48.43%

Profitability Ratios

NXT profitability indicators offer a lens into its earnings landscape. A pretax profit margin of 16.00% underscores its earnings before tax deductions. The effective tax rate stands at 17.66%, revealing its tax efficiency. The net income per EBT, 2.31%, and the EBT per EBIT, 102.23%, provide insights into its earnings hierarchy. Lastly, with an EBIT per revenue ratio of 15.65%, we grasp its operational profitability.

Pretax Profit Margin16.00%
Effective Tax Rate17.66%
Net Income per EBT2.31%
EBT per EBIT102.23%
EBIT per Revenue15.65%

Operational Efficiency

Operational metrics shed light on its business agility. With an operating cycle of 1.87, it details the span from stock purchase to revenue. The 1 days it takes to settle debts showcases its creditor relations.

Days of Sales Outstanding143
Days of Inventory Outstanding43
Operating Cycle157.70
Days of Payables Outstanding80
Cash Conversion Cycle78
Receivables Turnover3.18
Payables Turnover4.58
Inventory Turnover8.48
Fixed Asset Turnover272.64
Asset Turnover1.09

Cash Flow Ratios

Peering into the cash flow metrics reveals liquidity and operational efficiency. The operating cash flow per share, 5.68, and free cash flow per share, 5.61, depict cash generation on a per-share basis. The cash per share value, 5.92, showcases liquidity position. Lastly, the operating cash flow sales ratio, 0.15, offers insight into cash flow relative to sales.

Operating Cash Flow per Share5.68
Free Cash Flow per Share5.61
Cash per Share5.92
Operating Cash Flow Sales Ratio0.15
Free Cash Flow to Operating Cash Flow Ratio0.99
Cash Flow Coverage Ratio1.29
Short Term Coverage Ratio2.75
Capital Expenditure Coverage Ratio80.54
Dividend Paid and Capex Coverage Ratio80.54
Dividend Payout Ratio0.10

Debt and Leverage Ratios

Diving into debt and leverage metrics unveils the company's financial structure. The debt ratio, at 13.04%, highlights its total liabilities relative to assets. With a debt-equity ratio of -0.09, we discern the balance between debt and equity financing. The long-term debt to capitalization, -4.87%, and total debt to capitalization, -9.61%, ratios shed light on its capital structure. An interest coverage of 314.84 indicates its ability to manage interest expenses.

Debt Ratio13.04%
Debt Equity Ratio-0.09
Long Term Debt to Capitalization-4.87%
Total Debt to Capitalization-9.61%
Interest Coverage314.84
Cash Flow to Debt Ratio1.29
Company Equity Multiplier-0.67

Per Share Data

Speaking about the per share data offers a perceptive view of financial distribution. The revenue per share, 41.45, provides a glimpse into top-line earnings distributed across each share. Net income per share, 2.64, reflects the portion of profit attributed to each share. The book value per share, 4.73, represents the net asset value distributed per share, while the tangible book value per share, -1.08, excludes intangible assets.

Revenue Per Share41.45
Net Income Per Share2.64
Book Value Per Share4.73
Tangible Book Value Per Share-1.08
Shareholders Equity Per Share4.73
Interest Debt Per Share4.78
Capex Per Share-0.07

Growth Ratios

Delving into growth metrics provides a snapshot of financial expansion. The revenue growth rate, 21.91%, indicates top-line expansion, while the gross profit growth, -36.62%, reveals profitability trends. EBIT growth, -58.43%, and operating income growth, -58.43%, offer insights into operational profitability progression. The net income growth, -59.06%, showcases bottom-line expansion, and the EPS growth, -58.92%, measures the growth in earnings per share.

Revenue Growth21.91%
Gross Profit Growth-36.62%
EBIT Growth-58.43%
Operating Income Growth-58.43%
Net Income Growth-59.06%
EPS Growth-58.92%
EPS Diluted Growth-58.92%
Dividends per Share Growth-93.99%
Operating Cash Flow Growth-256.05%
Free Cash Flow Growth-267.59%
10-Year Revenue Growth per Share48.22%
5-Year Revenue Growth per Share48.22%
3-Year Revenue Growth per Share48.22%
10-Year Operating CF Growth per Share-59.23%
5-Year Operating CF Growth per Share-59.23%
3-Year Operating CF Growth per Share-59.23%
10-Year Net Income Growth per Share-6.36%
5-Year Net Income Growth per Share-6.36%
3-Year Net Income Growth per Share-6.36%
Receivables Growth71.77%
Inventory Growth103.86%
Asset Growth15.47%
Book Value per Share Growth-100.67%
R&D Expense Growth8.98%
SGA Expenses Growth10.76%

Other Metrics

Venturing into other key metrics unveils diverse facets of financial performance. The enterprise value, 1,680,967,716.9, captures the company's total value, considering both debt and equity. Income quality, 0.89, assesses the reliability of reported earnings. The ratio of intangibles to total assets, 18.77%, indicates the value of non-physical assets, and capex to operating cash flow, -2.96%, measures reinvestment capability.

Enterprise Value1,680,967,716.9
Income Quality0.89
Research and Development to Revenue1.14%
Intangibles to Total Assets18.77%
Capex to Operating Cash Flow-2.96%
Capex to Revenue-0.17%
Capex to Depreciation-68.81%
Stock-Based Compensation to Revenue1.68%
Graham Number16.77
Return on Tangible Assets10.52%
Graham Net Net-11.94
Working Capital364,839,000
Tangible Asset Value-49,623,000
Net Current Asset Value-330,564,000
Invested Capital1
Average Receivables514,914,500
Average Payables238,975,500
Average Inventory155,132,500
Days Sales Outstanding109
Days Payables Outstanding48
Days of Inventory On Hand31

Valuation Ratios

Exploring the valuation ratios offers insights into perceived market value. The price to book value ratio, -0.86, and the price to book ratio, -0.86, reflect the market's valuation relative to the company's book value. The price to sales ratio, 2.74, provides a perspective on valuation in relation to sales. Ratios like price to free cash flows, 17.94, and price to operating cash flows, 7.61, gauge market valuation against cash flow metrics.

Price Book Value Ratio-0.86
Price to Book Ratio-0.86
Price to Sales Ratio2.74
Price Cash Flow Ratio7.61
Price Earnings to Growth Ratio-4.86
Enterprise Value Multiple17.93
Price Fair Value-0.86
Price to Operating Cash Flow Ratio7.61
Price to Free Cash Flows Ratio17.94
Price to Tangible Book Ratio7.67
Enterprise Value to Sales0.88
Enterprise Value Over EBITDA9.71
EV to Operating Cash Flow15.61
Earnings Yield7.29%
Free Cash Flow Yield6.28%
Trusted project
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Frequently Asked Question

How many company shares are outstanding in 2024?

There are stock number shares outstanding of Nextracker Inc. (NXT) on the NASDAQ in 2024.

What is P/E ratio of enterprise in 2024?

The current P/E ratio of enterprise is 318.734 in 2024.

What is the ticker symbol of Nextracker Inc. stock?

The ticker symbol of Nextracker Inc. stock is NXT.

What is company IPO date?

IPO date of Nextracker Inc. is 2023-02-09.

What is company current share price?

Current share price is 43.200 USD.

What is stock market cap today?

The market cap of stock today is 6251750078.000.

What is PEG ratio in 2024?

The current -4.856 is -4.856 in 2024.

What is the number of employees in 2024?

In 2024 the company has 606.