Nextracker Market Capitalization from 2010 to 2024

NXT Stock   43.07  0.82  1.94%   
Nextracker Market Cap yearly trend continues to be comparatively stable with very little volatility. Market Cap will likely drop to about 1.1 B in 2024.
Check Nextracker financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nextracker main balance sheet or income statement drivers, such as Depreciation And Amortization of 4 M, Selling General Administrative of 62.4 M or Selling And Marketing Expenses of 28.4 M, as well as many exotic indicators such as Price To Sales Ratio of 1.23, Dividend Yield of 0.22 or Days Sales Outstanding of 76.74. Nextracker financial statements analysis is a perfect complement when working with Nextracker Valuation or Volatility modules.
  
This module can also supplement various Nextracker Technical models . Check out the analysis of Nextracker Correlation against competitors.

Latest Nextracker's Market Capitalization Growth Pattern

Below is the plot of the Market Cap of Nextracker Class A over the last few years. It is Nextracker's Market Cap historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nextracker's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 6.11 B10 Years Trend
Slightly volatile
   Market Cap   
       Timeline  

Nextracker Market Capitalization Regression Statistics

Arithmetic Mean1,234,877,453
Geometric Mean1,226,431,400
Coefficient Of Variation12.87
Mean Deviation113,842,364
Median1,173,776,222
Standard Deviation158,872,228
Sample Variance25240.4T
Range610.7M
R-Value0.45
Mean Square Error21762.1T
R-Squared0.20
Significance0.1
Slope15,863,060
Total Sum of Squares353365.4T

Nextracker Market Capitalization History

20241.1 B
20231.5 B
20221.7 B
20211.4 B

About Nextracker Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Nextracker income statement, its balance sheet, and the statement of cash flows. Nextracker investors use historical funamental indicators, such as Nextracker's Market Capitalization, to determine how well the company is positioned to perform in the future. Although Nextracker investors may use each financial statement separately, they are all related. The changes in Nextracker's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Nextracker's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Nextracker Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Nextracker. Please read more on our technical analysis and fundamental analysis pages.
Nextracker is entity of United States. It is traded as Stock on NASDAQ exchange.

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When determining whether Nextracker Class A is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Nextracker Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Nextracker Class A Stock. Highlighted below are key reports to facilitate an investment decision about Nextracker Class A Stock:
Check out the analysis of Nextracker Correlation against competitors.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running Nextracker's price analysis, check to measure Nextracker's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nextracker is operating at the current time. Most of Nextracker's value examination focuses on studying past and present price action to predict the probability of Nextracker's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextracker's price. Additionally, you may evaluate how the addition of Nextracker to your portfolios can decrease your overall portfolio volatility.
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Is Nextracker's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nextracker. If investors know Nextracker will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nextracker listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.28)
Earnings Share
2.03
Revenue Per Share
36.737
Quarterly Revenue Growth
0.384
Return On Assets
0.1336
The market value of Nextracker Class A is measured differently than its book value, which is the value of Nextracker that is recorded on the company's balance sheet. Investors also form their own opinion of Nextracker's value that differs from its market value or its book value, called intrinsic value, which is Nextracker's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nextracker's market value can be influenced by many factors that don't directly affect Nextracker's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nextracker's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nextracker is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nextracker's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.