WallStSmart

Enphase Energy Inc (ENPH)vsNextracker Inc. Class A Common Stock (NXT)

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Smart Verdict

WallStSmart Research — data-driven comparison

Nextracker Inc. Class A Common Stock generates 154% more annual revenue ($3.56B vs $1.40B). NXT leads profitability with a 16.5% profit margin vs 9.6%. ENPH appears more attractively valued with a PEG of 1.13. NXT earns a higher WallStSmart Score of 48/100 (D+).

ENPH

Hold

42

out of 100

Grade: D

Growth: 2.0Profit: 4.5Value: 6.0Quality: 6.5
Piotroski: 5/9Altman Z: 1.26

NXT

Hold

48

out of 100

Grade: D+

Growth: 4.7Profit: 8.5Value: 4.3Quality: 7.5
Piotroski: 2/9Altman Z: 2.08
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ENPHUndervalued (+19.5%)

Margin of Safety

+19.5%

Fair Value

$59.91

Current Price

$35.07

$24.84 discount

UndervaluedFair: $59.91Overvalued

Intrinsic value data unavailable for NXT.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ENPH0 strengths · Avg: 0/10

No standout strengths identified

NXT2 strengths · Avg: 9.5/10
Debt/EquityHealth
0.0210/10

Conservative balance sheet, low leverage

Return on EquityProfitability
25.1%9/10

Every $100 of equity generates 25 in profit

Areas to Watch

ENPH4 concerns · Avg: 2.0/10
P/E RatioValuation
41.1x2/10

Premium valuation, high expectations priced in

Revenue GrowthGrowth
-20.6%2/10

Revenue declined 20.6%

EPS GrowthGrowth
-36.4%2/10

Earnings declined 36.4%

Altman Z-ScoreHealth
1.262/10

Distress zone — elevated risk

NXT4 concerns · Avg: 2.8/10
P/E RatioValuation
27.6x4/10

Moderate valuation

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

PEG RatioValuation
3.712/10

Expensive relative to growth rate

Revenue GrowthGrowth
-4.7%2/10

Revenue declined 4.7%

Comparative Analysis Report

WallStSmart Research

Bull Case : ENPH

PEG of 1.13 suggests the stock is reasonably priced for its growth.

Bull Case : NXT

The strongest argument for NXT centers on Debt/Equity, Return on Equity. Profitability is solid with margins at 16.5% and operating margin at 18.2%.

Bear Case : ENPH

The primary concerns for ENPH are P/E Ratio, Revenue Growth, EPS Growth. A P/E of 41.1x leaves little room for execution misses.

Bear Case : NXT

The primary concerns for NXT are P/E Ratio, Piotroski F-Score, PEG Ratio.

Key Dynamics to Monitor

ENPH profiles as a value stock while NXT is a declining play — different risk/reward profiles.

NXT carries more volatility with a beta of 1.86 — expect wider price swings.

NXT is growing revenue faster at -4.7% — sustainability is the question.

NXT generates stronger free cash flow (154M), providing more financial flexibility.

Bottom Line

NXT scores higher overall (48/100 vs 42/100), backed by strong 16.5% margins. ENPH offers better value entry with a 19.5% margin of safety. Both earn "Hold" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Enphase Energy Inc

TECHNOLOGY · SOLAR · USA

Enphase Energy is an American energy technology company headquartered in Fremont, California. Enphase designs and manufactures software-driven home energy solutions that span solar generation, home energy storage and web-based monitoring and control.

Nextracker Inc. Class A Common Stock

TECHNOLOGY · SOLAR · USA

Nextracker Inc., an energy solutions company, provides solar tracker solutions for PV projects. The company is headquartered in Fremont, California.

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