NextpowerNXT -2.51%77 Return-on-Tangible-Equity is 35.94% as of Mar. 2026, which is 33% below its 10-year median of 53.65. GuruFocus rates NXT with a GF Score™ of 77/100 and a GF Value™ of $63.22 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 985 Semiconductors companies, Nextpower ranks better than 93.91% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Nextpower's annualized net income for the quarter that ended in Mar. 2026 was $602 Mil. Nextpower's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $1,676 Mil. Therefore, Nextpower's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 35.94%.
The historical rank and industry rank for Nextpower's Return-on-Tangible-Equity or its related term are showing as below:
NXT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 39.44 Med: 53.65 Max: 69.12
Current: 40.24
During the past 7 years, Nextpower's highest Return-on-Tangible-Equity was 69.12%. The lowest was 39.44%. And the median was 53.65%.
NXT's Return-on-Tangible-Equity is ranked better than 93.91% of 985
companies
in the Semiconductors industry
Industry Median: 5.19
vs NXT: 40.24
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Nextpower Return-on-Tangible-Equity Related Terms
Nextpower Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Nextpower's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NXT vs FSLR, ENPH, RUN: Return-on-Tangible-Equity Comparison
For the Solar subindustry, Nextpower's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nextpower Return-on-Tangible-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Nextpower's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nextpower's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 35.94% mean?
Nextpower (NXT) has a Return-on-Tangible-Equity of 35.94% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Nextpower and its competitors. This is 33% below median its historical median of 53.65. Over the past decade, Nextpower's Return-on-Tangible-Equity has ranged from 39.44 to 69.12. According to the industry distribution chart, Nextpower ranks #60 out of 985 companies in the Semiconductors industry, placing it in the top 6.1%.
Is Nextpower's Return-on-Tangible-Equity too high?
Nextpower's current Return-on-Tangible-Equity of 35.94% is 33% below median its 10-year median of 53.65. Over the past 10 years, this metric has ranged from a low of 39.44 to a high of 69.12. The Semiconductors industry median Return-on-Tangible-Equity is 5.19. Nextpower's value of 35.94% is 592.5% above this industry median. Based on the distribution chart, Nextpower ranks #60 out of 985 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Nextpower has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nextpower's Return-on-Tangible-Equity compare to FSLR and ENPH?
According to the Semiconductors industry distribution chart, Nextpower ranks #60 out of 985 companies for Return-on-Tangible-Equity. This places Nextpower in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.19. Nextpower's value of 35.94% is 592.5% above this benchmark. Historically, Nextpower's own Return-on-Tangible-Equity has ranged from 39.44 to 69.12 over the past decade. While the company's 10-year median is 53.65 vs. the industry median of 5.19, Nextpower has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 5.19, based on 985 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nextpower's current Return-on-Tangible-Equity of 35.94% is 592.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Nextpower and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nextpower's current Return-on-Tangible-Equity is 35.94%, which is 33% below median its own 10-year median of 53.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nextpower stock overvalued right now?
Based on GuruFocus' analysis, Nextpower (NXT) is currently considered Significantly Overvalued. The stock's GF Value™ is $63.22, compared to a current price of $116.15 — trading 83.7% above its estimated fair value. The current Return-on-Tangible-Equity is 35.94%, which is 33% below median its 10-year median of 53.65 and 592.5% above the Semiconductors industry median of 5.19. Nextpower's overall GF Score™ is 77/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Nextpower (NXT), the current Return-on-Tangible-Equity is 35.94% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nextpower (NXT) Overvalued in 2026?
Based on GuruFocus' analysis, Nextpower stock appears to be overvalued.
The current stock price of $116.15 is trading 83.7% above its estimated GF Value™ of $63.22.
GuruFocus considers Nextpower to be Significantly Overvalued.
Key valuation signals for NXT:
Return-on-Tangible-Equity: 35.94% (33% below median its 10-year median of 53.65)
GF Value™: $63.22 vs. price of $116.15 (83.7% above fair value)
Industry Position: 592.5% above the Semiconductors median (#60 of 985)
No single metric tells the full story. See the NXT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
77GF Score
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