Seek Returns

NVT vs. NXT: nVent Electric vs. Nextracker Stock Comparison

How do nVent Electric (NVT) and Nextracker (NXT) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

nVent Electric (NVT) and Nextracker (NXT) are both classified in the Electrical Components & Equipment sub-industry within the broader Electrical Equipment industry, placing them in the closest GICS peer bucket.

Company profile comparison for nVent Electric (NVT) and Nextracker (NXT)
Profile ItemNVTNXT
NamenVent Electric plcNextpower Inc. Class A Common Stock
Country/RegionUnited KingdomUnited States
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryElectrical EquipmentElectrical Equipment
GICS Sub-IndustryElectrical Components & EquipmentElectrical Components & Equipment
Market Capitalization17.16 billion USD16.00 billion USD
CurrencyUSDUSD
ExchangeNYSENasdaq
Listing DateApril 24, 2018February 9, 2023
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

NVT
NXT
GSPC
Loading price history…
nVent Electric (NVT) vs. Nextracker (NXT), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…
Trailing total returns for nVent Electric (NVT) and Nextracker (NXT). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for nVent Electric (NVT) and Nextracker (NXT). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for nVent Electric (NVT) and Nextracker (NXT)
MetricNVTNXT
Total Return (1Y)2.86%0.06%
Total Return (3Y, Annualized)32.72%45.51%
Total Return (5Y, Annualized)26.96%--

Risk Profile

Drawdown History

NVT
NXT
GSPC
Loading price history…
nVent Electric (NVT) vs. Nextracker (NXT), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…
Distribution of monthly total returns for nVent Electric (NVT) and Nextracker (NXT). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for nVent Electric (NVT) and Nextracker (NXT)
MetricNVTNXT
Volatility (1Y, Annualized)53.94%68.10%
Beta (5Y)1.411.66
Max Drawdown (5Y)-46.67%-51.10%
Avg. Volume (3M)2.54M2.38M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
NVT and NXT are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for nVent Electric (NVT) and Nextracker (NXT)
MetricNVTNXT
Sharpe Ratio (1Y)-0.03-0.06
Sortino Ratio (1Y)-0.03-0.09

Profitability

ROE (TTM)

Nextracker (NXT) at 26.46% sits in the top ROE quartile, while nVent Electric (NVT) at 17.42% is closer to the peer norm — stronger capital efficiency for NXT.

NVT

Capital Goods industry group

17.42%

Max
40.55%
Q3
19.29%
NVT
17.42%
Median
12.12%
Q1
4.08%
Min
-17.12%

NXT

Capital Goods industry group

26.46%

Max
40.55%
NXT
26.46%
Q3
19.29%
Median
12.12%
Q1
4.08%
Min
-17.12%
Loading chart…
nVent Electric (NVT) vs. Nextracker (NXT): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both nVent Electric (NVT) at 12.83% and Nextracker (NXT) at 15.98% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

NVT

Capital Goods industry group

12.83%

Max
27.47%
NVT
12.83%
Q3
12.10%
Median
6.30%
Q1
1.40%
Min
-12.89%

NXT

Capital Goods industry group

15.98%

Max
27.47%
NXT
15.98%
Q3
12.10%
Median
6.30%
Q1
1.40%
Min
-12.89%
Loading chart…
nVent Electric (NVT) vs. Nextracker (NXT): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Both nVent Electric (NVT) at 18.75% and Nextracker (NXT) at 20.06% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

NVT

Capital Goods industry group

18.75%

Max
36.60%
NVT
18.75%
Q3
18.33%
Median
11.12%
Q1
5.14%
Min
-12.63%

NXT

Capital Goods industry group

20.06%

Max
36.60%
NXT
20.06%
Q3
18.33%
Median
11.12%
Q1
5.14%
Min
-12.63%
Loading chart…
nVent Electric (NVT) vs. Nextracker (NXT): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for nVent Electric (NVT) and Nextracker (NXT)
MetricNVTNXT
ROE (TTM)17.42%26.46%
ROA (TTM)7.88%10.75%
Net Margin (TTM)12.83%15.98%
Operating Margin (TTM)18.75%20.06%
Gross Margin (TTM)36.17%21.84%

Growth

Revenue Growth

Both nVent Electric (NVT) at 29.51% and Nextracker (NXT) at 20.28% sit in the top peer quartile for revenue growth, so each is growing its top line faster than typical industry peers.

Loading chart…
nVent Electric (NVT) vs. Nextracker (NXT): A comparison of their Revenue Growth across different time periods.

EPS Growth

nVent Electric (NVT) at 118.78% clears its industry range for EPS growth, a much stronger earnings trajectory than Nextracker (NXT) at 10.66%, which is closer to a typical peer reading.

Loading chart…
nVent Electric (NVT) vs. Nextracker (NXT): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for nVent Electric (NVT) and Nextracker (NXT)
MetricNVTNXT
Revenue Growth (YoY)29.51%20.28%
Revenue Growth (3Y CAGR)19.26%23.23%
EPS Growth (YoY)118.78%10.66%
EPS Growth (3Y CAGR)21.89%476.90%

Financial Strength

Current Ratio (MRQ)

Both nVent Electric (NVT) at 2.40 and Nextracker (NXT) at 2.23 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

NVT

Capital Goods industry group

2.40

Max
5.22
Q3
2.95
NVT
2.40
Median
2.08
Q1
1.43
Min
0.36

NXT

Capital Goods industry group

2.23

Max
5.22
Q3
2.95
NXT
2.23
Median
2.08
Q1
1.43
Min
0.36
Loading chart…
nVent Electric (NVT) vs. Nextracker (NXT): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Nextracker (NXT) at 0.02 keeps leverage in the lower industry quartile, while nVent Electric (NVT) at 0.57 runs a more typical debt-to-equity mix.

NVT

Capital Goods industry group

0.57

Max
2.33
Q3
1.12
Median
0.60
NVT
0.57
Q1
0.29
Min
0.00

NXT

Capital Goods industry group

0.02

Max
2.33
Q3
1.12
Median
0.60
Q1
0.29
NXT
0.02
Min
0.00
Loading chart…
nVent Electric (NVT) vs. Nextracker (NXT): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for nVent Electric (NVT) and Nextracker (NXT)
MetricNVTNXT
Current Ratio (MRQ)2.402.23
Debt / Equity (MRQ)0.570.02
Net Debt / EBITDA1.05-1.30

Dividends

Dividend Yield (TTM)

Nextracker (NXT) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile nVent Electric (NVT) reports a yield of 0.84%, ranking against industry peers normally.

NVT

Capital Goods industry group

0.84%

Max
2.66%
Q3
1.14%
NVT
0.84%
Median
0.24%
Q1
0.00%
Min
0.00%

NXT

Capital Goods industry group

0.00%

Max
2.66%
Q3
1.14%
Median
0.24%
NXT
0.00%
Q1
0.00%
Min
0.00%
Loading chart…
nVent Electric (NVT) vs. Nextracker (NXT): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Nextracker (NXT) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile nVent Electric (NVT) reports a payout of 20.15%, ranking against industry peers normally.

NVT

Capital Goods industry group

20.15%

Max
67.39%
Q3
28.02%
NVT
20.15%
Median
6.86%
Q1
0.00%
Min
0.00%

NXT

Capital Goods industry group

0.00%

Max
67.39%
Q3
28.02%
Median
6.86%
NXT
0.00%
Q1
0.00%
Min
0.00%
Loading chart…
nVent Electric (NVT) vs. Nextracker (NXT): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for nVent Electric (NVT) and Nextracker (NXT)
MetricNVTNXT
Dividend Yield (TTM)0.84%0.00%
Dividend Payout Ratio (TTM)20.15%0.00%

Valuation

P/E Ratio (TTM)

Both nVent Electric (NVT) at 25.78 and Nextracker (NXT) at 26.42 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

NVT

Capital Goods industry group

25.78

Max
59.38
Q3
35.92
NVT
25.78
Median
25.41
Q1
19.47
Min
3.03

NXT

Capital Goods industry group

26.42

Max
59.38
Q3
35.92
NXT
26.42
Median
25.41
Q1
19.47
Min
3.03
Loading chart…
nVent Electric (NVT) vs. Nextracker (NXT): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

nVent Electric (NVT) at 3.24 is priced about in line with its industry on P/S ratio, while Nextracker (NXT) at 4.17 sits in the pricier quartile — NXT costs more per dollar of sales.

NVT

Capital Goods industry group

3.24

Max
7.54
Q3
3.76
NVT
3.24
Median
2.15
Q1
1.03
Min
0.03

NXT

Capital Goods industry group

4.17

Max
7.54
NXT
4.17
Q3
3.76
Median
2.15
Q1
1.03
Min
0.03
Loading chart…
nVent Electric (NVT) vs. Nextracker (NXT): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

nVent Electric (NVT) at 4.17 is valued about in line with its industry on P/B ratio, while Nextracker (NXT) at 5.98 carries an above-peer premium to book — NXT is pricier on assets.

NVT

Capital Goods industry group

4.17

Max
9.66
Q3
5.00
NVT
4.17
Median
3.12
Q1
1.81
Min
-1.08

NXT

Capital Goods industry group

5.98

Max
9.66
NXT
5.98
Q3
5.00
Median
3.12
Q1
1.81
Min
-1.08
Loading chart…
nVent Electric (NVT) vs. Nextracker (NXT): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for nVent Electric (NVT) and Nextracker (NXT)
MetricNVTNXT
P/E Ratio (TTM)25.7826.42
P/S Ratio (TTM)3.244.17
P/B Ratio (MRQ)4.175.98
Free Cash Flow Yield (TTM)2.93%2.32%