Analyzing Nextpower (NASDAQ:NXT) & Clean Energy Technologies (NASDAQ:CETY)

Clean Energy Technologies (NASDAQ:CETY) and Nextpower (NASDAQ:NXT) are both industrials companies, but which is the better stock? We will contrast the two companies based on the strength of their dividends, earnings, valuation, institutional ownership, risk, analyst recommendations and profitability.

Profitability

This table compares Clean Energy Technologies and Nextpower’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Clean Energy Technologies	-262.61%	-80.91%	-37.54%
Nextpower	16.36%	26.29%	15.02%

Institutional & Insider Ownership

0.5% of Clean Energy Technologies shares are owned by institutional investors. Comparatively, 67.4% of Nextpower shares are owned by institutional investors. 37.5% of Clean Energy Technologies shares are owned by company insiders. Comparatively, 0.8% of Nextpower shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Risk and Volatility

Clean Energy Technologies has a beta of -1.51, meaning that its share price is 251% less volatile than the S&P 500. Comparatively, Nextpower has a beta of 1.95, meaning that its share price is 95% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of recent ratings for Clean Energy Technologies and Nextpower, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Clean Energy Technologies	1	0	0	0	1.00
Nextpower	0	4	22	1	2.89

Nextpower has a consensus price target of $146.12, suggesting a potential upside of 69.55%. Given Nextpower’s stronger consensus rating and higher probable upside, analysts clearly believe Nextpower is more favorable than Clean Energy Technologies.

Valuation & Earnings

This table compares Clean Energy Technologies and Nextpower”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Clean Energy Technologies	$2.16 million	5.63	-$6.81 million	($1.20)	-0.83
Nextpower	$3.56 billion	3.67	$585.88 million	$3.86	22.33

Nextpower has higher revenue and earnings than Clean Energy Technologies. Clean Energy Technologies is trading at a lower price-to-earnings ratio than Nextpower, indicating that it is currently the more affordable of the two stocks.

Summary

Nextpower beats Clean Energy Technologies on 13 of the 15 factors compared between the two stocks.

About Clean Energy Technologies

Clean Energy Technologies, Inc. designs, produces, and markets clean energy products and integrated solutions that focuses on energy efficiency and renewable energy in the United States. It operates through four segments: Clean Energy HRS and CETY Europe, CETY Renewables Waste to Energy Solutions, engineering and Manufacturing Business, and CETY HK. The company offers Clean Cycle, which generates electricity by recycling wasted heat produced in manufacturing, waste to energy, and power generation facilities. It also converts waste products created in manufacturing, agriculture, wastewater treatment plants, and other industries to electricity, renewable natural gas, hydrogen, and bio char. In addition, the company offers engineering, consulting, and project management solutions. Further, the company is involved in the sourcing and suppling of liquefied natural gas to industries and municipalities located in the southern part of Sichuan Province and portions of Yunnan Province. The company was formerly known as Probe Manufacturing, Inc. and changed its name to Clean Energy Technologies, Inc. in November 2015. Clean Energy Technologies, Inc. was founded in 1993 and is headquartered in Irvine, California. Clean Energy Technologies, Inc. is a subsidiary of MGW Investment I Ltd.

About Nextpower

Nextpower, formerly known as Nextracker, an energy solutions company, provides solar trackers and software solutions for utility-scale and distributed generation solar projects in the United States and internationally. The company offers tracking solutions, which includes NX Horizon, a solar tracking solution; and NX Horizon-XTR, a terrain-following tracker designed to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain. It also provides TrueCapture, a self-adjusting tracker control system, which boosts solar power plant production by optimizing the position of individual tracker row in response to site features, such as varying topography and changing weather conditions; and NX Navigator, that assists solar power plant owners and operators in monitoring, controlling, and protecting their solar projects. The company was founded in 2013 and is headquartered in Fremont, California. As of March 31, 2024 Nextracker Inc. (Nextpower) was formerly a subsidiary of Flex Ltd.