PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
Nextracker Inc (NXT)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN

US65290E1010

Sector

Technology

Industry

Solar

IPO Date

Feb 9, 2023

Highlights

Market Cap

$5.24B

EPS (TTM)

$4.00

PE Ratio

8.89

PEG Ratio

2.51

Total Revenue (TTM)

$2.80B

Gross Profit (TTM)

$1.01B

EBITDA (TTM)

$726.32M

Year Range

$30.93 - $62.31

Target Price

$54.11

Short %

9.33%

Short Ratio

3.63

Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
NXT vs. NVMI NXT vs. GFF NXT vs. ARRY NXT vs. RSPT NXT vs. SPY NXT vs. FSLR NXT vs. SPUU NXT vs. VOO NXT vs. ENPH NXT vs. QQQ
Popular comparisons:
NXT vs. NVMI NXT vs. GFF NXT vs. ARRY NXT vs. RSPT NXT vs. SPY NXT vs. FSLR NXT vs. SPUU NXT vs. VOO NXT vs. ENPH NXT vs. QQQ

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Nextracker Inc, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%20.00%40.00%60.00%80.00%JulyAugustSeptemberOctoberNovemberDecember
16.62%
45.31%
NXT (Nextracker Inc)
Benchmark (^GSPC)

Returns By Period

Nextracker Inc had a return of -24.18% year-to-date (YTD) and -28.06% in the last 12 months.


NXT

YTD

-24.18%

1M

-5.50%

6M

-35.16%

1Y

-28.06%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

24.34%

1M

0.23%

6M

8.53%

1Y

24.95%

5Y*

13.01%

10Y*

11.06%

Monthly Returns

The table below presents the monthly returns of NXT, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-3.37%24.23%0.05%-23.96%28.93%-15.03%4.82%-17.24%-7.84%6.24%-4.14%-24.18%
2023-0.07%19.12%-13.15%21.47%4.08%6.38%-0.54%-4.65%-13.45%16.92%15.28%53.81%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of NXT is 23, meaning it’s performing worse than 77% of other stocks on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of NXT is 2323
Overall Rank
The Sharpe Ratio Rank of NXT is 2525
Sharpe Ratio Rank
The Sortino Ratio Rank of NXT is 2424
Sortino Ratio Rank
The Omega Ratio Rank of NXT is 2525
Omega Ratio Rank
The Calmar Ratio Rank of NXT is 1515
Calmar Ratio Rank
The Martin Ratio Rank of NXT is 2626
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Nextracker Inc (NXT) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for NXT, currently valued at -0.46, compared to the broader market-4.00-2.000.002.00-0.462.10
The chart of Sortino ratio for NXT, currently valued at -0.43, compared to the broader market-4.00-2.000.002.004.00-0.432.80
The chart of Omega ratio for NXT, currently valued at 0.95, compared to the broader market0.501.001.502.000.951.39
The chart of Calmar ratio for NXT, currently valued at -0.58, compared to the broader market0.002.004.006.00-0.583.09
The chart of Martin ratio for NXT, currently valued at -1.02, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.0213.49
NXT
^GSPC

The current Nextracker Inc Sharpe ratio is -0.46. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Nextracker Inc with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.46
2.10
NXT (Nextracker Inc)
Benchmark (^GSPC)

Dividends

Dividend History


Nextracker Inc doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-41.66%
-2.62%
NXT (Nextracker Inc)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Nextracker Inc. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Nextracker Inc was 48.61%, occurring on Oct 24, 2024. The portfolio has not yet recovered.

The current Nextracker Inc drawdown is 41.66%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-48.61%Feb 15, 2024175Oct 24, 2024
-25.21%Jul 28, 202349Oct 5, 202349Dec 14, 202398
-18.15%Apr 3, 202321May 2, 20238May 12, 202329
-16.59%Dec 22, 202315Jan 16, 202412Feb 1, 202427
-15.91%Mar 8, 20239Mar 20, 20238Mar 30, 202317

Volatility

Volatility Chart

The current Nextracker Inc volatility is 14.58%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%25.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
14.58%
3.79%
NXT (Nextracker Inc)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of Nextracker Inc over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

Annual
Quarterly

0.0

Valuation

The Valuation section provides an assessment of the market value of Nextracker Inc compared to its peers in the Solar industry.


PE Ratio
20.040.060.080.0100.0120.0140.08.9
The chart displays the price to earnings (P/E) ratio for NXT in comparison to other companies of the Solar industry. Currently, NXT has a PE value of 8.9. This PE ratio falls in the average range for the industry.
PEG Ratio
1.02.03.04.02.5
The chart displays the price to earnings to growth (PEG) ratio for NXT in comparison to other companies of the Solar industry. Currently, NXT has a PEG value of 2.5. This PEG ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.

Historical P/E Ratio Chart

The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Nextracker Inc.


Loading data...

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab