Nextpower Inc. (NXT) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-10.3%

$82.05

vs $91.48 price

Levered DCF

$131.88

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

5.42

Safe zone

Rating

B+

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	30.44×	11.87×	14.16×	1,456.22×	27.94×	9.6×	10.1×	-750.85×
P/B	7.64×	3.72×	4.51×	-0.54×	2.84×	2.62×	5.17×	3.33×
P/S	5.01×	2.04×	1.73×	0.87×	0.98×	1×	1.02×	1.81×
EV / EBITDA	22.48×	7.88×	6.43×	9.65×	15.53×	5.75×	7.18×	59.85×
Gross margin	32.6%	33.7%	27.7%	15.1%	10.1%	19.4%	18.2%	8.6%
Operating margin	19.6%	21.6%	23.5%	8.9%	4.5%	13.3%	12.7%	0.2%
Net margin	16.5%	17.2%	12.3%	6.3%	3.5%	10.4%	10.1%	-0.2%
Current ratio	2.45×	2.09×	1.98×	1.72×	1.5×	1.49×	0.83×	1.3×
Debt / equity	0.02×	0.02×	0.18×	-0.05×	0.01×	0.01×	0.02×	0×
Interest coverage	265.83×	48.8×	42.48×	91.92×	1,938.44×	315.8×	0×	0×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	27.7%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	266.5%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	25.1%	31.3%	31.9%	-3.9%	10.2%	27.3%	51.2%	-0.4%
Return on invested capital	19.6%	23.5%	29.3%	13.2%	9.4%	25.4%	45.9%	-0.6%
Return on assets	14.4%	15.9%	12.2%	8.4%	5.0%	14.1%	19.1%	-0.3%
Free cash flow yield	2.9%	10.3%	9.8%	6.3%	-10.8%	7.6%	20.0%	-1.5%
Earnings yield	3.3%	8.4%	7.1%	7.1%	3.6%	10.4%	9.9%	-0.1%
Enterprise value	$16.8B	$5.3B	$4B	$1.7B	$1.4B	$1B	$1.2B	$1.2B
Net debt / EBITDA	-1.39×	-1.09×	-0.49×	0.12×	-0.27×	-1.06×	0.01×	-0.73×
Cash conversion cycle (days)	2	74	102	96	81	37	30	57