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Nextpower Valuation Multiples
Discover revenue and EBITDA valuation multiples for Nextpower and similar public comparables like China Three Gorges, EDP Renovaveis, SDIC Power Holdings, Kansai Electric Power and more.
Nextpower Overview
About Nextpower
Nextpower (and its subsidiaries) is a leading provider of intelligent, integrated solar tracker and software solutions used in utility-scale and distributed generation solar projects around the world. Nextpower's products enable solar panels in utility-scale power plants to follow the sun’s movement across the sky and optimize plant performance. Nextpower has operations in the United States, Mexico, Spain and other countries in Europe, India, Australia, the Middle East, Africa, and Brazil.
Founded
2022
HQ
Employees
1.3K
Website
Sectors
Financials (LTM)
EV
$17B
Nextpower Financials
Nextpower reported last 12-month revenue of $4B and EBITDA of $835M.
In the same LTM period, Nextpower generated $1B in gross profit, $835M in EBITDA, and $669M in net income.
Revenue (LTM)
Nextpower P&L
In the most recent fiscal year, Nextpower reported revenue of $3B and EBITDA of $776M.
Nextpower expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $4B | XXX | $3B | XXX | XXX | XXX |
| Gross Profit | $1B | XXX | $1B | XXX | XXX | XXX |
| Gross Margin | 32% | XXX | 34% | XXX | XXX | XXX |
| EBITDA | $835M | XXX | $776M | XXX | XXX | XXX |
| EBITDA Margin | 24% | XXX | 26% | XXX | XXX | XXX |
| EBIT Margin | 19% | XXX | 22% | XXX | XXX | XXX |
| Net Profit | $669M | XXX | $631M | XXX | XXX | XXX |
| Net Margin | 19% | XXX | 21% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Nextpower Stock Performance
Nextpower has current market cap of $17B, and enterprise value of $17B.
Market Cap Evolution
Nextpower's stock price is $115.05.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $17B | $17B | -2.4% | XXX | XXX | XXX | $4.25 |
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Start Free TrialNextpower Valuation Multiples
Nextpower trades at 4.7x EV/Revenue multiple, and 19.8x EV/EBITDA.
EV / Revenue (LTM)
Nextpower Financial Valuation Multiples
As of April 11, 2026, Nextpower has market cap of $17B and EV of $17B.
Equity research analysts estimate Nextpower's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Nextpower has a P/E ratio of 25.5x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $17B | XXX | $17B | XXX | XXX | XXX |
| EV (current) | $17B | XXX | $17B | XXX | XXX | XXX |
| EV/Revenue | 4.7x | XXX | 5.6x | XXX | XXX | XXX |
| EV/EBITDA | 19.8x | XXX | 21.3x | XXX | XXX | XXX |
| EV/EBIT | 24.2x | XXX | 25.9x | XXX | XXX | XXX |
| EV/Gross Profit | 14.7x | XXX | 16.4x | XXX | XXX | XXX |
| P/E | 25.5x | XXX | 27.1x | XXX | XXX | XXX |
| EV/FCF | 32.8x | XXX | 26.6x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Nextpower Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Nextpower Margins & Growth Rates
Nextpower's revenue in the last 12 month grew by 12%.
Nextpower's revenue per employee in the last FY averaged $2.3M, while opex per employee averaged $0.3M for the same period.
Nextpower's rule of 40 is 37% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Nextpower's rule of X is 57% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Nextpower Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 12% | XXX | 18% | XXX | XXX | XXX |
| EBITDA Margin | 24% | XXX | 26% | XXX | XXX | XXX |
| EBITDA Growth | 11% | XXX | 7% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 37% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 57% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $2.3M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 9% | XXX | 10% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 9% | XXX | 10% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 3% | XXX | 3% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 12% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Nextpower Public Comps
See public comps and valuation multiples for other Renewable Energy and Energy & Utilities Software comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| China Three Gorges | XXX | XXX | XXX | XXX | XXX | XXX |
| EDP Renovaveis | XXX | XXX | XXX | XXX | XXX | XXX |
| SDIC Power Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| Kansai Electric Power | XXX | XXX | XXX | XXX | XXX | XXX |
| Adani Green Energy | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Nextpower M&A Activity
Nextpower acquired XXX companies to date.
Last acquisition by Nextpower was on XXXXXXXX, XXXXX. Nextpower acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Nextpower
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialNextpower Investment Activity
Nextpower invested in XXX companies to date.
Nextpower made its latest investment on XXXXXXXX, XXXXX. Nextpower invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Nextpower
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Nextpower
| When was Nextpower founded? | Nextpower was founded in 2022. |
| Where is Nextpower headquartered? | Nextpower is headquartered in United States. |
| How many employees does Nextpower have? | As of today, Nextpower has over 1K employees. |
| Who is the CEO of Nextpower? | Nextpower's CEO is Daniel S. Shugar. |
| Is Nextpower publicly listed? | Yes, Nextpower is a public company listed on Nasdaq. |
| What is the stock symbol of Nextpower? | Nextpower trades under NXT ticker. |
| When did Nextpower go public? | Nextpower went public in 2023. |
| Who are competitors of Nextpower? | Nextpower main competitors are China Three Gorges, EDP Renovaveis, SDIC Power Holdings, Kansai Electric Power. |
| What is the current market cap of Nextpower? | Nextpower's current market cap is $17B. |
| What is the current revenue of Nextpower? | Nextpower's last 12 months revenue is $4B. |
| What is the current revenue growth of Nextpower? | Nextpower revenue growth (NTM/LTM) is 12%. |
| What is the current EV/Revenue multiple of Nextpower? | Current revenue multiple of Nextpower is 4.7x. |
| Is Nextpower profitable? | Yes, Nextpower is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Nextpower? | Nextpower's last 12 months EBITDA is $835M. |
| What is Nextpower's EBITDA margin? | Nextpower's last 12 months EBITDA margin is 24%. |
| What is the current EV/EBITDA multiple of Nextpower? | Current EBITDA multiple of Nextpower is 19.8x. |
| What is the current FCF of Nextpower? | Nextpower's last 12 months FCF is $503M. |
| What is Nextpower's FCF margin? | Nextpower's last 12 months FCF margin is 14%. |
| What is the current EV/FCF multiple of Nextpower? | Current FCF multiple of Nextpower is 32.8x. |
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