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NEXTracker (NEXTracker) EV-to-EBIT : 15.53 (As of May. 13, 2024)


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What is NEXTracker EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, NEXTracker's Enterprise Value is $5,546 Mil. NEXTracker's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $357 Mil. Therefore, NEXTracker's EV-to-EBIT for today is 15.53.

The historical rank and industry rank for NEXTracker's EV-to-EBIT or its related term are showing as below:

NXT' s EV-to-EBIT Range Over the Past 10 Years
Min: 9.1   Med: 31.91   Max: 47.21
Current: 15.53

During the past 4 years, the highest EV-to-EBIT of NEXTracker was 47.21. The lowest was 9.10. And the median was 31.91.

NXT's EV-to-EBIT is ranked better than
66.31% of 662 companies
in the Semiconductors industry
Industry Median: 23.565 vs NXT: 15.53

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. NEXTracker's Enterprise Value for the quarter that ended in Dec. 2023 was $6,555 Mil. NEXTracker's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $357 Mil. NEXTracker's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.45%.


NEXTracker EV-to-EBIT Historical Data

The historical data trend for NEXTracker's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NEXTracker EV-to-EBIT Chart

NEXTracker Annual Data
Trend Mar20 Mar21 Mar22 Mar23
EV-to-EBIT
- - - 30.94

NEXTracker Quarterly Data
Mar20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 30.94 26.10 20.52 18.36

Competitive Comparison of NEXTracker's EV-to-EBIT

For the Solar subindustry, NEXTracker's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NEXTracker's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, NEXTracker's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where NEXTracker's EV-to-EBIT falls into.



NEXTracker EV-to-EBIT Calculation

NEXTracker's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5545.861/357.026
=15.53

NEXTracker's current Enterprise Value is $5,546 Mil.
NEXTracker's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $357 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NEXTracker  (NAS:NXT) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

NEXTracker's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=357.026/6555.33113
=5.45 %

NEXTracker's Enterprise Value for the quarter that ended in Dec. 2023 was $6,555 Mil.
NEXTracker's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $357 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NEXTracker EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of NEXTracker's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


NEXTracker (NEXTracker) Business Description

Traded in Other Exchanges
N/A
Address
6200 Paseo Padre Parkway, Fremont, CA, USA, 94555
NEXTracker Inc provides integrated solar tracker and software solutions used in utility-scale and ground-mounted distributed solar generation projects worldwide. Nextracker's products enable solar panels in utility-scale power plants to follow the sun's movement across the sky and optimize plant performance. It generates revenue from selling solar trackers, such as NX Horizon and NX Gemini, and from licensing TrueCapture software products.
Executives
Daniel S Shugar director, officer: Chief Executive Officer 3939 NORTH FIRST STREET, SAN JOSE CA 95134
Leah Schlesinger officer: GC, Ch Eth & Compl Off'r & Sec 6200 PASEO PADRE PARKWAY, FREMONT CA 94555
William D Watkins director P O BOX 8, SAINT PETERS MO 63376
Charles D Boynton director
Flex Ltd. 10 percent owner 2 CHANGI SOUTH LANE, SINGAPORE U0 486123
Tpg Gp A, Llc 10 percent owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Kyra Lynn Whitten director 17465 RINGEL DRIVE, MORGAN HILL CA 95037
Brandi Elizabeth Thomas director C/O NEXTRACKER HQ, 6200 PASEO PADRE PKWY, FREMONT CA 94555
Howard Wenger officer: President 3939 NORTH FIRST STREET, SAN JOSE CA 95134
Nicholas Marco Miller officer: Chief Operating Officer 6200 PASEO PADRE PARKWAY, FREMONT CA 94555
Bruce Ledesma officer: Pres, Strat'y, Software & Admn 3939 NORTH FIRST STREET, SAN JOSE CA 95134
David P Bennett officer: Chief Financial Officer 3616 NICOLE AVE, PLEASANTON CA 94588
Willy C Shih director 343 STATE STREET, ROCHESTER NY 146500211
Michael P Hartung director 6201 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Steven B. Mandel director 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102