Nextpower (NASDAQ:NXT) and Clean Energy Technologies (NASDAQ:CETY) Critical Contrast

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

Analyst Recommendations

This is a summary of current ratings and price targets 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 target price of $146.12, suggesting a potential upside of 71.02%. Given Nextpower’s stronger consensus rating and higher probable upside, analysts clearly believe Nextpower is more favorable than Clean Energy Technologies.

Valuation and Earnings

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Clean Energy Technologies	$2.64 million	4.75	-$6.81 million	($1.20)	-0.86
Nextpower	$3.56 billion	3.64	$585.88 million	$3.86	22.13

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.

Risk & Volatility

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

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 and Insider Ownership

0.5% of Clean Energy Technologies shares are held by institutional investors. Comparatively, 67.4% of Nextpower shares are held by institutional investors. 37.5% of Clean Energy Technologies shares are held by company insiders. Comparatively, 0.8% of Nextpower shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

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.