Equities

Nextracker Inc

NXT:NSQ

Nextracker Inc

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EnergyAlternative Energy
  • Price (USD)36.59
  • Today's Change0.23 / 0.63%
  • Shares traded1.97m
  • 1 Year change+2.58%
  • Beta--
Data delayed at least 15 minutes, as of Oct 04 2024 21:00 BST.
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About the company

Nextracker Inc. is a provider of integrated solar tracker and software solutions used in utility-scale and ground-mounted distributed generation solar projects. Its products enable solar panels in utility-scale power plants to follow the sun’s movement across the sky and optimize plant performance. Its products include NX Horizon, NX Gemini, TrueCapture, and NX Navigator. Its solutions include Bifacial PV modules, Large Format Modules, and First Solar Series 6 (FSLR6) Modules. NX Horizon is a one-in-portrait (1P) smart solar tracker system that delivers the lowest levelized cost of energy (LCOE). NX Gemini is its two-in-portrait (2P) format tracker which holds two rows of solar panels along the central support beam. TrueCapture is its flagship software offering, which is a self-adjusting tracker control system that uses machine learning to enhance solar power plant energy yield. It has operations in the United States, Brazil, Mexico, Spain, India, Australia, the Middle East and Brazil.

  • Revenue in USD (TTM)2.74bn
  • Net income in USD407.51m
  • Incorporated2022
  • Employees1.05k
  • Location
    Nextracker Inc6200 Paseo Padre PkwyFREMONT 94555United StatesUSA
  • Phone+1 (510) 270-2500
  • Fax+1 (302) 655-5049
  • Websitehttps://www.nextracker.com/
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Mueller Water Products Inc1.27bn123.10m3.44bn3.20k28.084.3418.212.710.78550.78558.095.080.82822.745.99396,218.808.045.149.295.9734.4331.469.716.612.3115.400.361947.462.276.8511.623.90-3.095.13
Sunrun Inc2.06bn-1.37bn3.69bn10.83k--0.6875--1.79-6.38-6.389.0524.030.09833.2410.71190,328.20-12.16-8.07-14.08-9.4910.0313.77-123.65-69.381.31-0.86140.6313---2.6524.35-1,025.44--26.31--
Kadant Inc1.01bn114.24m3.83bn3.50k33.574.7424.643.819.729.7285.6568.770.76923.246.44324,710.008.808.4710.5210.2743.7742.9811.4410.821.4014.990.296713.715.858.61-4.0213.9913.985.68
Gates Industrial Corporation PLC3.48bn252.90m4.58bn14.70k18.511.449.221.310.94610.943913.0412.140.48693.114.14237,027.203.904.424.615.2140.1137.388.009.812.203.720.40030.000.45021.305.56-0.7863-17.13--
MSC Industrial Direct Co Inc3.90bn290.50m4.68bn7.13k16.223.3412.691.205.145.1469.0924.971.563.319.10547,483.9011.5911.7215.6415.1041.0341.777.418.240.937818.590.263690.068.604.591.013.5415.547.32
Franklin Electric Co Inc2.02bn187.71m4.74bn6.40k25.853.8819.492.354.014.0143.0926.711.122.376.73314,931.1010.5610.2313.5212.8735.2133.919.408.831.1413.030.095622.931.059.733.1812.8413.0514.00
Chart Industries, Inc.3.90bn102.30m5.30bn11.64k62.731.8913.841.361.971.8179.1265.390.41794.443.02335,473.101.531.541.961.9432.4227.913.673.460.98131.470.57930.00107.9225.33-74.75-16.2530.67--
Nextracker Inc2.74bn407.51m5.32bn1.05k9.714.689.471.943.773.7718.537.821.2811.924.192,609,733.0026.0216.64----34.1920.5720.3411.071.9142.270.11450.0031.4230.4926,692.74--8.04--
Timken Co4.61bn346.30m5.88bn19.60k17.212.1010.161.284.874.8764.8339.880.71822.535.75235,001.505.707.116.908.7831.6529.237.939.051.646.340.424524.756.065.90-3.265.4110.773.21
ESAB Corp2.77bn261.39m6.23bn9.00k24.043.6518.492.254.294.0945.4328.260.70684.026.49307,460.106.87--8.30--37.21--9.71--1.215.650.3816--6.99---4.06------
Badger Meter Inc781.57m112.88m6.58bn2.14k58.4211.6845.918.413.833.8326.5019.151.093.108.22365,220.1015.6712.2619.0814.6039.2539.3814.4412.062.52--0.0036.3624.4010.1639.2527.226.7912.07
Cognex Corp844.00m78.38m6.78bn2.99k87.154.5063.698.030.45350.45354.888.790.42181.825.28282,085.603.9210.634.2911.5669.4772.979.2922.383.10--0.0057.03-16.750.7624-47.46-13.24-9.069.03
Watts Water Technologies Inc2.22bn276.10m6.84bn5.10k24.874.2220.983.088.248.2466.2748.511.012.787.63435,294.1012.5910.0215.5212.6246.9543.6112.4410.331.49102.210.137819.793.885.614.2116.47-4.0910.97
Flowserve Corp4.50bn255.61m6.92bn16.00k27.263.5119.351.541.931.9334.0615.020.89333.533.70281,516.705.443.767.524.9830.9130.456.094.841.405.840.38860.0519.512.41-1.0313.58-4.321.03
MKS Instruments Inc3.58bn8.00m7.12bn10.00k948.743.1919.151.990.11160.111653.2633.180.39561.935.51357,900.000.0884-1.600.0969-1.7546.6944.950.2235-3.252.311.430.6862--2.1111.78-652.85--6.692.44
Data as of Oct 04 2024. Currency figures normalised to Nextracker Inc's reporting currency: US Dollar USD

Institutional shareholders

45.64%Per cent of shares held by top holders
HolderShares% Held
BlackRock Fund Advisorsas of 30 Jun 202414.42m10.05%
The Vanguard Group, Inc.as of 30 Jun 202412.67m8.83%
Fidelity Management & Research Co. LLCas of 30 Jun 202412.22m8.52%
PRIMECAP Management Co.as of 30 Jun 20247.99m5.57%
SSgA Funds Management, Inc.as of 30 Jun 20244.38m3.05%
Voya Investment Management Co. LLCas of 30 Jun 20243.21m2.24%
Geode Capital Management LLCas of 30 Jun 20242.91m2.03%
Sachem Head Capital Management LPas of 30 Jun 20242.86m1.99%
Wellington Management Co. LLPas of 30 Jun 20242.50m1.74%
Norges Bank Investment Managementas of 30 Jun 20242.31m1.61%
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Data from 30 Jun 2024 - 30 Jun 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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