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NXT vs SHLS
Revenue, margins, valuation, and 5-year total return — side by side.
Solar
NXT vs SHLS — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Consumer Electronics | Solar |
| Market Cap | $18.72B | $1.40B |
| Revenue (TTM) | $3.60B | $536M |
| Net Income (TTM) | $592M | $34M |
| Gross Margin | 32.4% | 33.5% |
| Operating Margin | 20.5% | 11.2% |
| Forward P/E | 28.9x | 20.6x |
| Total Debt | $0.00 | $175M |
| Cash & Equiv. | $766M | $7M |
NXT vs SHLS — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Feb 23 | May 26 | Return |
|---|---|---|---|
| Nextpower Inc. (NXT) | 100 | 414.2 | +314.2% |
| Shoals Technologies… (SHLS) | 100 | 33.9 | -66.1% |
Price return only. Dividends and distributions are not included.
Quick Verdict: NXT vs SHLS
Each card shows where this stock fits in a portfolio — not just who wins on paper.
NXT carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.
- Dividend streak 1 yrs, beta 1.88
- 306.6% 10Y total return vs SHLS's -73.1%
- Lower volatility, beta 1.88, current ratio 2.09x
SHLS is the clearest fit if your priority is growth exposure.
- Rev growth 19.1%, EPS growth 42.9%, 3Y rev CAGR 13.3%
- 19.1% revenue growth vs NXT's 18.4%
- Lower P/E (20.6x vs 28.9x)
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 19.1% revenue growth vs NXT's 18.4% | |
| Value | Lower P/E (20.6x vs 28.9x) | |
| Quality / Margins | 16.4% margin vs SHLS's 6.3% | |
| Stability / Safety | Beta 1.88 vs SHLS's 2.08 | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +194.0% vs SHLS's +88.9% | |
| Efficiency (ROA) | 15.6% ROA vs SHLS's 3.7%, ROIC 62.8% vs 5.9% |
NXT vs SHLS — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
NXT vs SHLS — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
NXT leads this category, winning 3 of 5 comparable metrics.
Income & Cash Flow (Last 12 Months)
NXT is the larger business by revenue, generating $3.6B annually — 6.7x SHLS's $536M. NXT is the more profitable business, keeping 16.4% of every revenue dollar as net income compared to SHLS's 6.3%. On growth, SHLS holds the edge at +74.9% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $3.6B | $536M |
| EBITDAEarnings before interest/tax | $766M | $71M |
| Net IncomeAfter-tax profit | $592M | $34M |
| Free Cash FlowCash after capex | $589M | -$77M |
| Gross MarginGross profit ÷ Revenue | +32.4% | +33.5% |
| Operating MarginEBIT ÷ Revenue | +20.5% | +11.2% |
| Net MarginNet income ÷ Revenue | +16.4% | +6.3% |
| FCF MarginFCF ÷ Revenue | +16.4% | -14.5% |
| Rev. Growth (YoY)Latest quarter vs prior year | +33.9% | +74.9% |
| EPS Growth (YoY)Latest quarter vs prior year | +7.6% | — |
Valuation Metrics
SHLS leads this category, winning 4 of 5 comparable metrics.
Valuation Metrics
At 36.3x trailing earnings, NXT trades at a 13% valuation discount to SHLS's 41.6x P/E. On an enterprise value basis, SHLS's 24.1x EV/EBITDA is more attractive than NXT's 27.5x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $18.7B | $1.4B |
| Enterprise ValueMkt cap + debt − cash | $18.0B | $1.6B |
| Trailing P/EPrice ÷ TTM EPS | 36.33x | 41.65x |
| Forward P/EPrice ÷ next-FY EPS est. | 28.85x | 20.61x |
| PEG RatioP/E ÷ EPS growth rate | 14.65x | — |
| EV / EBITDAEnterprise value multiple | 27.51x | 24.09x |
| Price / SalesMarket cap ÷ Revenue | 6.32x | 2.94x |
| Price / BookPrice ÷ Book value/share | 11.56x | 2.34x |
| Price / FCFMarket cap ÷ FCF | 30.10x | — |
Profitability & Efficiency
NXT leads this category, winning 8 of 8 comparable metrics.
Profitability & Efficiency
NXT delivers a 27.5% return on equity — every $100 of shareholder capital generates $28 in annual profit, vs $6 for SHLS. On the Piotroski fundamental quality scale (0–9), NXT scores 6/9 vs SHLS's 5/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +27.5% | +5.7% |
| ROA (TTM)Return on assets | +15.6% | +3.7% |
| ROICReturn on invested capital | +62.8% | +5.9% |
| ROCEReturn on capital employed | +33.8% | +7.6% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 5 |
| Debt / EquityFinancial leverage | — | 0.29x |
| Net DebtTotal debt minus cash | -$766M | $168M |
| Cash & Equiv.Liquid assets | $766M | $7M |
| Total DebtShort + long-term debt | $0 | $175M |
| Interest CoverageEBIT ÷ Interest expense | 161.08x | 11.65x |
Total Returns (Dividends Reinvested)
NXT leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in NXT five years ago would be worth $40,658 today (with dividends reinvested), compared to $2,835 for SHLS. Over the past 12 months, NXT leads with a +194.0% total return vs SHLS's +88.9%. The 3-year compound annual growth rate (CAGR) favors NXT at 57.6% vs SHLS's -25.0% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +35.9% | -8.4% |
| 1-Year ReturnPast 12 months | +194.0% | +88.9% |
| 3-Year ReturnCumulative with dividends | +291.2% | -57.8% |
| 5-Year ReturnCumulative with dividends | +306.6% | -71.6% |
| 10-Year ReturnCumulative with dividends | +306.6% | -73.1% |
| CAGR (3Y)Annualised 3-year return | +57.6% | -25.0% |
Risk & Volatility
NXT leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
NXT is the less volatile stock with a 1.88 beta — it tends to amplify market swings less than SHLS's 2.08 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. NXT currently trades 95.7% from its 52-week high vs SHLS's 73.3% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.88x | 2.08x |
| 52-Week HighHighest price in past year | $131.72 | $11.36 |
| 52-Week LowLowest price in past year | $41.25 | $3.81 |
| % of 52W HighCurrent price vs 52-week peak | +95.7% | +73.3% |
| RSI (14)Momentum oscillator 0–100 | 56.3 | 61.0 |
| Avg Volume (50D)Average daily shares traded | 1.7M | 5.3M |
Analyst Outlook
SHLS leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates NXT as "Buy" and SHLS as "Buy". Consensus price targets imply 18.0% upside for SHLS (target: $10) vs -1.6% for NXT (target: $124).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $124.00 | $9.83 |
| # AnalystsCovering analysts | 28 | 23 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | 1 | 3 |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +0.0% |
NXT leads in 4 of 6 categories (Income & Cash Flow, Profitability & Efficiency). SHLS leads in 2 (Valuation Metrics, Analyst Outlook).
NXT vs SHLS: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is NXT or SHLS a better buy right now?
For growth investors, Shoals Technologies Group, Inc.
(SHLS) is the stronger pick with 19. 1% revenue growth year-over-year, versus 18. 4% for Nextpower Inc. (NXT). Nextpower Inc. (NXT) offers the better valuation at 36. 3x trailing P/E (28. 9x forward), making it the more compelling value choice. Analysts rate Nextpower Inc. (NXT) a "Buy" — based on 28 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — NXT or SHLS?
On trailing P/E, Nextpower Inc.
(NXT) is the cheapest at 36. 3x versus Shoals Technologies Group, Inc. at 41. 6x. On forward P/E, Shoals Technologies Group, Inc. is actually cheaper at 20. 6x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — NXT or SHLS?
Over the past 5 years, Nextpower Inc.
(NXT) delivered a total return of +306. 6%, compared to -71. 6% for Shoals Technologies Group, Inc. (SHLS). Over 10 years, the gap is even starker: NXT returned +306. 6% versus SHLS's -73. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — NXT or SHLS?
By beta (market sensitivity over 5 years), Nextpower Inc.
(NXT) is the lower-risk stock at 1. 88β versus Shoals Technologies Group, Inc. 's 2. 08β — meaning SHLS is approximately 11% more volatile than NXT relative to the S&P 500.
05Which is growing faster — NXT or SHLS?
By revenue growth (latest reported year), Shoals Technologies Group, Inc.
(SHLS) is pulling ahead at 19. 1% versus 18. 4% for Nextpower Inc. (NXT). On earnings-per-share growth, the picture is similar: Shoals Technologies Group, Inc. grew EPS 42. 9% year-over-year, compared to 3. 0% for Nextpower Inc.. Over a 3-year CAGR, NXT leads at 26. 6% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — NXT or SHLS?
Nextpower Inc.
(NXT) is the more profitable company, earning 17. 2% net margin versus 7. 1% for Shoals Technologies Group, Inc. — meaning it keeps 17. 2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NXT leads at 21. 6% versus 11. 9% for SHLS. At the gross margin level — before operating expenses — SHLS leads at 35. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is NXT or SHLS more undervalued right now?
On forward earnings alone, Shoals Technologies Group, Inc.
(SHLS) trades at 20. 6x forward P/E versus 28. 9x for Nextpower Inc. — 8. 2x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for SHLS: 18. 0% to $9. 83.
08Which pays a better dividend — NXT or SHLS?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
09Is NXT or SHLS better for a retirement portfolio?
For long-horizon retirement investors, Nextpower Inc.
(NXT) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (+306. 6% 10Y return). Shoals Technologies Group, Inc. (SHLS) carries a higher beta of 2. 08 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (NXT: +306. 6%, SHLS: -73. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between NXT and SHLS?
These companies operate in different sectors (NXT (Technology) and SHLS (Energy)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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