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Nextracker Inc (NXT)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN

US65290E1010

Industry

Solar

IPO Date

Feb 9, 2023

Highlights

Market Cap

$6.37B

EPS (TTM)

$4.05

PE Ratio

10.67

PEG Ratio

3.56

Total Revenue (TTM)

$2.03B

Gross Profit (TTM)

$703.14M

EBITDA (TTM)

$473.26M

Year Range

$30.93 - $62.31

Target Price

$54.21

Short %

7.34%

Short Ratio

5.21

Share Price Chart


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Compare to other instruments

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


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.


10.00%20.00%30.00%40.00%50.00%60.00%70.00%December2025FebruaryMarchAprilMay
35.84%
37.31%
NXT (Nextracker Inc)
Benchmark (^GSPC)

Returns By Period

Nextracker Inc (NXT) returned 12.75% year-to-date (YTD) and -3.48% over the past 12 months.


NXT

YTD

12.75%

1M

-3.74%

6M

3.91%

1Y

-3.48%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

-4.72%

1M

-0.51%

6M

-1.78%

1Y

11.67%

5Y*

14.69%

10Y*

10.26%

*Annualized

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
202537.87%-13.92%-3.16%-3.64%1.82%12.75%
2024-3.37%24.23%0.05%-23.96%28.93%-15.03%4.82%-17.24%-7.84%6.24%-4.14%-3.87%-21.67%
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 46, indicating average performance compared to other stocks on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of NXT is 4646
Overall Rank
The Sharpe Ratio Rank of NXT is 4747
Sharpe Ratio Rank
The Sortino Ratio Rank of NXT is 4646
Sortino Ratio Rank
The Omega Ratio Rank of NXT is 4545
Omega Ratio Rank
The Calmar Ratio Rank of NXT is 4545
Calmar Ratio Rank
The Martin Ratio Rank of NXT is 4848
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.


The chart of Sharpe ratio for NXT, currently valued at -0.09, compared to the broader market-2.00-1.000.001.002.003.00
NXT: -0.09
^GSPC: 0.49
The chart of Sortino ratio for NXT, currently valued at 0.33, compared to the broader market-6.00-4.00-2.000.002.004.00
NXT: 0.33
^GSPC: 0.81
The chart of Omega ratio for NXT, currently valued at 1.04, compared to the broader market0.501.001.502.00
NXT: 1.04
^GSPC: 1.12
The chart of Calmar ratio for NXT, currently valued at -0.11, compared to the broader market0.001.002.003.004.005.00
NXT: -0.11
^GSPC: 0.50
The chart of Martin ratio for NXT, currently valued at -0.17, compared to the broader market-10.00-5.000.005.0010.0015.0020.00
NXT: -0.17
^GSPC: 2.00

The current Nextracker Inc Sharpe ratio is -0.09. 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 Ratio-1.000.001.002.003.00December2025FebruaryMarchAprilMay
-0.09
0.49
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.


-40.00%-30.00%-20.00%-10.00%0.00%December2025FebruaryMarchAprilMay
-32.05%
-8.79%
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 32.05%.


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 16.31%, 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%December2025FebruaryMarchAprilMay
16.31%
14.11%
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

Earnings Per Share

The chart presents the Earnings Per Share (EPS) performance of Nextracker Inc, comparing actual results with analytics estimates. The company has exceeded analyst expectations for EPS in the past quarter, achieving a 63.5% positive surprise.

0.000.200.400.600.801.00October2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober
1.03
0.63
Actual
Estimate

Valuation

The Valuation section provides an overview of how Nextracker Inc is priced in the market compared to other companies in the Solar industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PE Ratio
20.040.060.080.0100.0
NXT: 10.7
The chart displays the Price-to-Earnings (P/E) ratio for NXT, comparing it with other companies in the Solar industry. Currently, NXT has a P/E ratio of 10.7. This P/E ratio is considered low compared to industry peers, which may suggest that the stock is undervalued or that the company has weaker growth prospects.
PEG Ratio
1.02.03.04.0
NXT: 3.6
The chart shows the Price/Earnings to Growth (PEG) ratio for NXT compared to other companies in the Solar industry. NXT currently has a PEG ratio of 3.6. This PEG ratio is higher than the industry average, which may suggest the stock is overvalued relative to its expected earnings growth.
PS Ratio
2.04.06.08.010.0
NXT: 2.2
This chart shows the Price-to-Sales (P/S) ratio for NXT relative to other companies in the Solar industry. Currently, NXT has a P/S ratio of 2.2. This P/S ratio falls within the average range for the industry, suggesting the stock is fairly valued based on its revenue.
PB Ratio
2.04.06.08.010.0
NXT: 4.1
The chart illustrates the Price-to-Book (P/B) ratio for NXT in comparison with other companies in the Solar industry. Currently, NXT has a P/B value of 4.1. This P/B ratio is higher than most companies in the industry. It may suggest the stock is overvalued or that investors expect the company to generate high returns on its assets.

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