XNASNXT
Market cap6.11bUSD
Jan 08, Last price
42.53USD
1D
-3.16%
1Q
25.24%
IPO
37.15%
Name
Nextracker Inc
Chart & Performance
P/E
19.95
P/S
2.44
EPS
2.13
Div Yield, %
0.00%
Shrs. gr., 5y
30.76%
Rev. gr., 5y
30.49%
Revenues
2.50b
+31.42%
Net income
306m
+26,692.74%
CFO
429m
+298.42%
Earnings
Feb 01, 2025
Profile
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.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|
| 2024‑03 | 2023‑03 | 2022‑03 | 2021‑03 | 2020‑03 | 2019‑03 | |
| Income | ||||||
Revenues | 2,499,841 31.42% | 1,902,137 30.50% | 1,457,592 21.91% | |||
Cost of revenue | 1,729,152 | 1,636,783 | 1,324,737 | |||
Unusual Expense (Income) | ||||||
NOPBT | 770,689 | 265,354 | 132,855 | |||
NOPBT Margin | 30.83% | 13.95% | 9.11% | |||
Operating Taxes | 111,782 | 47,750 | 14,195 | |||
Tax Rate | 14.50% | 17.99% | 10.68% | |||
NOPAT | 658,907 | 217,604 | 118,660 | |||
Net income | 306,241 26,692.74% | 1,143 -97.75% | 50,913 -59.06% | |||
Dividends | ||||||
Dividend yield | ||||||
Proceeds from repurchase of equity | 76 | |||||
BB yield | 0.00% | |||||
| Debt | ||||||
Debt current | 1,900 | 65,490 | ||||
Long-term debt | 161,424 | 150,147 | 5,400 | |||
Deferred revenue | 35,800 | 29,600 | ||||
Other long-term liabilities | 491,301 | 242,946 | 517,353 | |||
Net debt | (293,708) | (7,261) | 32,520 | |||
| Cash flow | ||||||
Cash from operating activities | 428,973 | 107,669 | (147,113) | |||
CAPEX | (6,160) | (3,183) | (5,917) | |||
Cash from investing activities | (6,660) | (3,159) | (5,750) | |||
Cash from financing activities | (78,267) | (3,572) | (8,656) | |||
FCF | 490,962 | 248,852 | (113,205) | |||
| Balance | ||||||
Cash | 474,054 | 159,308 | 38,370 | |||
Long term investments | (18,922) | |||||
Excess cash | 330,140 | 64,201 | ||||
Stockholders' equity | (3,035,532) | 484,861 | 501,133 | |||
Invested Capital | 4,662,828 | 607,853 | 612,108 | |||
ROIC | 25.00% | 35.67% | 23.48% | |||
ROCE | 47.36% | 29.03% | 21.80% | |||
| EV | ||||||
Common stock shares outstanding | 147,284 | 145,852 | 45,869 | |||
Price | 56.27 55.18% | 36.26 | ||||
Market cap | 8,287,689 56.71% | 5,288,580 | ||||
EV | 8,024,996 | 8,841,947 | ||||
EBITDA | 775,052 | 269,980 | 144,001 | |||
EV/EBITDA | 10.35 | 32.75 | ||||
Interest | 13,820 | 1,833 | 799 | |||
Interest/NOPBT | 1.79% | 0.69% | 0.60% | |||