Nextracker Class A Stock Net Income

NXT Stock   40.40  1.55  3.99%   
Nextracker Class A fundamentals help investors to digest information that contributes to Nextracker's financial success or failures. It also enables traders to predict the movement of Nextracker Stock. The fundamental analysis module provides a way to measure Nextracker's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nextracker stock.
Last ReportedProjected for Next Year
Net Income306.2 M321.6 M
Net Income From Continuing Ops496.2 M521 M
Net Income Applicable To Common SharesM977.3 K
Net Income Per Share 3.97  4.17 
Net Income Per E B T 0.50  0.53 
At this time, Nextracker's Net Income is comparatively stable compared to the past year. Net Income From Continuing Ops is likely to gain to about 521 M in 2024, whereas Net Income Applicable To Common Shares is likely to drop slightly above 977.3 K in 2024.
  
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Nextracker Class A Company Net Income Analysis

Nextracker's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Nextracker Net Income

    
  306.24 M  
Most of Nextracker's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nextracker Class A is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Nextracker Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Nextracker is extremely important. It helps to project a fair market value of Nextracker Stock properly, considering its historical fundamentals such as Net Income. Since Nextracker's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Nextracker's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Nextracker's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Based on the recorded statements, Nextracker Class A reported net income of 306.24 M. This is 18.04% higher than that of the Electrical Equipment sector and 72.34% lower than that of the Industrials industry. The net income for all United States stocks is 46.37% higher than that of the company.

Nextracker Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nextracker's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nextracker could also be used in its relative valuation, which is a method of valuing Nextracker by comparing valuation metrics of similar companies.
Nextracker is currently under evaluation in net income category among its peers.

Nextracker ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Nextracker's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Nextracker's managers, analysts, and investors.
Environmental
Governance
Social

Nextracker Fundamentals

About Nextracker Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nextracker Class A's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nextracker using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nextracker Class A based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional Tools for Nextracker Stock Analysis

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.