Nextpower Inc.NXT

$125.90+2.59 (+2.10%)
NASDAQTechnology24:00 UTC

Company snapshot

Market Cap
$19B
Large-cap
+1477%
2023 — today
10-Year Price
+368%
2023 — today
52-Week Range
$53.80$156.40
Current $125.90· 70%

Nextracker Inc. is an energy solutions provider specializing in solar tracking systems for photovoltaic (PV) installations. Their product lineup encompasses a variety of solar trackers, such as Bifacial PV modules tailored for extensive solar farms, the NX Horizon for typical solar power plants, and the NX Gemini, a two-in-portrait tracker designed to maximize the long-term value and operational efficiency for both project developers and asset owners. Additionally, they offer the NX Horizon XTR, a robust all-terrain solar tracker. Complementing their hardware, Nextracker provides advanced software solutions, including TrueCapture, an intelligent, adaptive control system for optimizing PV power plant performance, and NX Navigator, software for operational oversight and risk management. Established in 2013, the company is headquartered in Fremont, California, and operates as a subsidiary of Flex Ltd.

Valuation in context

P/E ratio
32.9
Near historic high
Near historic highs — last 10 years
P/B ratio
8.3
Above average
Pricier than usual over the last 10 years
EV / EBITDA
24.6
Historically pricey
Historically pricey — last 10 years
PEG ratio
4.9
Above average
Pricier than usual over the last 10 years
FCF Yield
2.7%
Historically low
Historically low relative to the last 10 years
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