FSLR vs NXT vs ENPH
161 measures in 16 categories, one definition each, computed from filings and market data.
Price, rebased to 100 three years ago
FSLR NXT ENPH · weekly adjusted closesSmart money 8Valuation 16Profitability (TTM) 12Returns on capital 11Growth 17Margin history & stability 7Liquidity (latest quarter) 7Leverage & solvency (latest quarter) 13Efficiency 11Cash flow & earnings quality 7Dividends & buybacks 9Scores & forensic checks 15Per share 7Size (TTM) 8Price performance 9Technicals 4
● marks the highest or lowest value where that direction is plainly stronger (margins, returns, coverage, leverage); multiples and yields are left unmarked. Bars show each stock's percentile within its own industry. n/a: the measure does not apply to lenders and insurers.
Smart money
8 measures| Measure | FSLR | NXT | ENPH |
|---|---|---|---|
| Insider open-market buys, 180d | 0 | 0 | 3 |
| Insider $ bought, 180d | — | — | $0.39M |
| Congress purchases, 180d | 4 | 0 | 0 |
| Last Congress purchase | 2026-08-13 | — | — |
| 13F net change in holders | +46 | +25 | +46 |
| ETFs adding shares, 30d | 1,135 | 464 | 311 |
| ETFs trimming, 30d | 987 | 336 | 244 |
| Net ETF funds, 30d | +148 | +128 | +67 |
Valuation
16 measures| Measure | FSLR | NXT | ENPH |
|---|---|---|---|
| P/E (TTM) | 10.6x
0th
|
20.4x
25th
|
30.2x
75th
|
| PEG (P/E ÷ 3-yr EPS CAGR) | 0.09 | 0.16 | — |
| Price / sales | 3.4x
100th
|
3.3x
86th
|
3.0x
71st
|
| Price / book | 1.8x
33rd
|
4.7x
100th
|
3.4x
67th
|
| Price / tangible book | 2.5x
17th
|
8.8x
83rd
|
6.8x
67th
|
| Price / free cash flow | 12.4x
25th
|
22.1x
75th
|
26.5x
100th
|
| Price / operating cash flow | 8.6x
25th
|
20.2x
100th
|
19.8x
75th
|
| Enterprise value | $17.0B
100th
|
$10.9B
71st
|
$3.7B
43rd
|
| EV / sales | 3.2x
86th
|
3.0x
71st
|
2.8x
57th
|
| EV / EBITDA | 7.0x
0th
|
14.4x
17th
|
16.9x
33rd
|
| EV / EBIT | 9.1x
0th
|
15.1x
25th
|
26.5x
75th
|
| EV / free cash flow | 11.3x
25th
|
19.8x
75th
|
24.2x
100th
|
| Earnings yield | 9.4%
100th
|
4.9%
86th
|
3.3%
57th
|
| FCF yield | 8.1%
86th
|
4.5%
57th
|
3.8%
43rd
|
| Operating cash flow yield | 11.6%
86th
|
4.9%
43rd
|
5.1%
57th
|
| Graham number (per share) | $186.90
100th
|
$37.68
75th
|
$14.22
50th
|
Profitability (TTM)
12 measures| Measure | FSLR | NXT | ENPH |
|---|---|---|---|
| Gross margin | 44.0%
86th
|
33.4%
57th
|
46.9%
100th
|
| EBITDA margin | 45.3%
100th
|
20.9%
71st
|
16.5%
57th
|
| Operating margin | 33.7%
100th
|
19.4%
86th
|
8.3%
57th
|
| EBIT margin | 34.7%
100th
|
19.9%
86th
|
10.5%
71st
|
| Net margin | 32.5%
100th
|
16.4%
86th
|
10.1%
71st
|
| NOPAT margin | 32.2%
100th
|
16.0%
86th
|
6.8%
57th
|
| FCF margin | 27.9%
100th
|
15.2%
86th
|
11.5%
71st
|
| Operating cash flow margin | 40.1%
100th
|
16.5%
86th
|
15.4%
71st
|
| R&D / revenue | 5.0%
71st
|
4.0%
57th
|
13.9%
86th
|
| SG&A / revenue | 4.0%
0th
|
10.0%
14th
|
24.4%
86th
|
| Stock comp / revenue | 0.4%
14th
|
0.9%
29th
|
14.8%
100th
|
| Effective tax rate | 4.3%
0th
|
17.7%
14th
|
18.2%
29th
|
Returns on capital
11 measures| Measure | FSLR | NXT | ENPH |
|---|---|---|---|
| ROE (on average equity) | 18.5%
86th
|
27.2%
100th
|
13.0%
71st
|
| ROA | 13.3%
86th
|
15.5%
100th
|
4.4%
71st
|
| ROIC | 19.7%
86th
|
43.2%
100th
|
10.9%
57th
|
| ROCE | 16.5%
86th
|
23.1%
100th
|
5.9%
57th
|
| Return on tangible assets | 14.2%
86th
|
18.9%
100th
|
4.6%
57th
|
| Cash ROIC (OCF / invested capital) | 24.5%
43rd
|
44.7%
86th
|
24.7%
57th
|
| Gross profitability (GP / assets) | 17.7%
43rd
|
28.4%
100th
|
21.4%
86th
|
| ROIC, 3-yr average | 18.1%
100th
|
— | 11.5%
83rd
|
| ROIC, 5-yr average | 12.6%
83rd
|
— | 26.9%
100th
|
| ROE, 5-yr average | 10.8%
60th
|
— | 30.0%
100th
|
| Incremental ROIC | 58.7%
86th
|
18.2%
57th
|
16.6%
43rd
|
Growth
17 measures| Measure | FSLR | NXT | ENPH |
|---|---|---|---|
| Revenue growth (TTM YoY) | 23.8%
57th
|
17.0%
43rd
|
-10.4%
14th
|
| Revenue growth (QoQ) | 1.1%
0th
|
6.2%
29th
|
3.2%
14th
|
| Revenue CAGR, 3 yr | 21.6%
86th
|
53.8%
100th
|
-22.0%
14th
|
| Revenue CAGR, 5 yr | 12.6%
50th
|
— | 4.6%
33rd
|
| Gross profit CAGR, 3 yr | 67.5%
71st
|
81.1%
100th
|
-20.2%
14th
|
| Operating income CAGR, 3 yr | 192.6%
100th
|
83.3%
75th
|
-44.1%
0th
|
| Net income growth (TTM YoY) | 38.9% | 9.1% | -23.3% |
| Net income CAGR, 3 yr | 123.5%
75th
|
135.4%
100th
|
-38.4%
25th
|
| EPS growth (TTM YoY) | 38.4% | 6.1% | -21.9% |
| EPS CAGR, 3 yr | 123.2%
75th
|
131.2%
100th
|
-36.5%
25th
|
| EPS CAGR, 5 yr | 25.2% | — | -4.9% |
| FCF growth (TTM YoY) | — | -4.1% | -59.1% |
| FCF CAGR, 3 yr | — | 28.5% | -43.9% |
| Operating cash flow CAGR, 3 yr | 39.2%
75th
|
32.0%
50th
|
-40.2%
0th
|
| Book value CAGR, 3 yr | 19.4%
100th
|
— | 9.9%
80th
|
| Dividend CAGR, 3 yr | — | — | — |
| Sustainable growth rate | 18.5%
75th
|
27.2%
100th
|
13.0%
50th
|
Margin history & stability
7 measures| Measure | FSLR | NXT | ENPH |
|---|---|---|---|
| Gross margin, 3-yr average | 44.2%
86th
|
32.3%
57th
|
47.2%
100th
|
| Operating margin, 3-yr average | 33.1%
100th
|
21.8%
86th
|
8.5%
57th
|
| Net margin, 3-yr average | 31.1%
100th
|
16.3%
86th
|
10.3%
71st
|
| FCF margin, 3-yr average | 0.1%
43rd
|
15.1%
86th
|
19.2%
100th
|
| Revenue stability (0-1) | 0.83
71st
|
0.87
100th
|
0.00
0th
|
| Earnings stability (0-1) | 0.71
86th
|
0.86
100th
|
0.06
14th
|
| Margin stability (0-1) | 0.64
29th
|
0.79
43rd
|
0.96
100th
|
Liquidity (latest quarter)
7 measures| Measure | FSLR | NXT | ENPH |
|---|---|---|---|
| Cash & short-term investments | $1.7B
100th
|
$1.2B
71st
|
$967.1M
57th
|
| Net cash (− = net debt) | $1.5B
100th
|
$1.2B
86th
|
$353.7M
71st
|
| Working capital | $3.2B
100th
|
$1.9B
86th
|
$1.4B
71st
|
| Current ratio | 2.52
71st
|
2.69
86th
|
3.45
100th
|
| Quick ratio | 2.00
71st
|
2.46
86th
|
2.95
100th
|
| Cash ratio (cash + ST investments / current liabilities) | 0.82
71st
|
1.08
86th
|
1.71
100th
|
| Defensive interval (days) | 2,369 days
100th
|
1,857 days
86th
|
881 days
43rd
|
Leverage & solvency (latest quarter)
13 measures| Measure | FSLR | NXT | ENPH |
|---|---|---|---|
| Total debt | $194.0M
14th
|
$0
0th
|
$613.4M
57th
|
| Debt / equity | 0.02
17th
|
0.00
0th
|
0.52
50th
|
| Net debt / equity | −0.15
50th
|
−0.47
0th
|
−0.30
33rd
|
| Debt / assets | 1.4%
14th
|
0.0%
0th
|
21.0%
43rd
|
| Debt / capital | 1.8%
17th
|
0.0%
0th
|
34.2%
50th
|
| Debt / EBITDA | 0.08
17th
|
0.00
0th
|
2.80
33rd
|
| Net debt / EBITDA | −0.63
33rd
|
−1.60
17th
|
−1.62
0th
|
| Interest coverage (EBIT / interest) | 48.3x
71st
|
435.8x
100th
|
199.2x
86th
|
| Cash interest coverage | 55.8x
71st
|
361.6x
100th
|
292.8x
86th
|
| Debt payback (years of OCF) | 0.1 yrs
25th
|
0.0 yrs
0th
|
3.0 yrs
50th
|
| Liabilities / assets | 22.9%
0th
|
40.0%
29th
|
59.5%
43rd
|
| IS credit model rating | AAA | A+ | AA |
| Implied credit spread (bps) | 50
0th
|
125
29th
|
80
14th
|
Efficiency
11 measures| Measure | FSLR | NXT | ENPH |
|---|---|---|---|
| Asset turnover | 0.41
29th
|
0.95
100th
|
0.44
43rd
|
| Fixed asset turnover | 0.95
29th
|
40.71
100th
|
9.74
86th
|
| Inventory turnover | 2.1
14th
|
9.0
100th
|
3.1
43rd
|
| Receivables turnover | 3.3
0th
|
3.6
29th
|
4.9
57th
|
| Days sales outstanding | 110 days
100th
|
100 days
71st
|
74 days
43rd
|
| Days inventory outstanding | 171 days
86th
|
41 days
0th
|
119 days
57th
|
| Days payables outstanding | 43 days
0th
|
84 days
71st
|
74 days
57th
|
| Cash conversion cycle (days) | 237 days
100th
|
56 days
0th
|
118 days
57th
|
| Capex / revenue | 12.2%
71st
|
1.4%
0th
|
3.9%
43rd
|
| Capex / depreciation | 1.14
29th
|
1.47
57th
|
0.65
14th
|
| Operating expense ratio | 14.6%
0th
|
15.5%
14th
|
42.3%
100th
|
Cash flow & earnings quality
7 measures| Measure | FSLR | NXT | ENPH |
|---|---|---|---|
| Operating cash flow / net income | 1.23
75th
|
1.01
50th
|
1.53
100th
|
| FCF / net income | 0.86
50th
|
0.93
75th
|
1.14
100th
|
| FCF / operating cash flow | 69.6%
0th
|
91.8%
100th
|
74.6%
25th
|
| Capex / operating cash flow | 30.4%
100th
|
8.2%
0th
|
25.4%
75th
|
| Accruals ratio | -3.1%
29th
|
-0.2%
57th
|
-2.3%
43rd
|
| Sloan accruals ratio | 0.5%
57th
|
17.4%
100th
|
5.9%
71st
|
| Earnings quality score (0-1) | 1.00
50th
|
1.00
50th
|
1.00
50th
|
Scores & forensic checks
15 measures| Measure | FSLR | NXT | ENPH |
|---|---|---|---|
| IS score | 84
100th
|
68
86th
|
47
71st
|
| IS profitability | 85
100th
|
73
86th
|
53
71st
|
| IS growth | 76
86th
|
61
29th
|
14
0th
|
| IS value | 69
100th
|
43
71st
|
35
29th
|
| IS momentum | 99
100th
|
78
71st
|
50
43rd
|
| IS risk (safety) | 100
86th
|
100
86th
|
80
57th
|
| IS quality | 93
100th
|
83
86th
|
78
71st
|
| IS balance sheet | 92
86th
|
95
100th
|
89
71st
|
| IS earnings quality | 68
86th
|
68
71st
|
75
100th
|
| IS cash flow | 78
100th
|
63
86th
|
48
57th
|
| Piotroski F-score (0-9) | 8
100th
|
7
57th
|
7
57th
|
| Altman Z-score | 6.9
86th
|
8.1
100th
|
3.4
57th
|
| Beneish M-score | −2.71
29th
|
−2.45
57th
|
−2.58
43rd
|
| Ohlson O-score | −11.42
0th
|
−9.54
14th
|
−7.51
43rd
|
| IS credit score | 98
100th
|
75
71st
|
88
86th
|
Size (TTM)
8 measures| Measure | FSLR | NXT | ENPH |
|---|---|---|---|
| Market cap | $18.6B
100th
|
$12.1B
86th
|
$4.0B
71st
|
| Revenue | $5.4B
100th
|
$3.6B
71st
|
$1.3B
29th
|
| EBITDA | $2.4B
100th
|
$757.0M
71st
|
$218.9M
57th
|
| Net income | $1.7B
100th
|
$594.1M
86th
|
$134.0M
71st
|
| Free cash flow | $1.5B
100th
|
$550.7M
86th
|
$152.6M
71st
|
| Total assets | $13.4B
71st
|
$4.3B
57th
|
$2.9B
43rd
|
| Shareholders' equity | $10.3B
100th
|
$2.6B
57th
|
$1.2B
43rd
|
| Employees | 7,900
71st
|
1,993
29th
|
2,872
43rd
|
Price performance
9 measures| Measure | FSLR | NXT | ENPH |
|---|---|---|---|
| 1 day | −3.5% | −4.1% | −0.7% |
| 1 week | −2.9% | −7.0% | −6.7% |
| 1 month | −14.2% | −4.0% | −15.0% |
| 3 months | −15.9% | −20.1% | −22.4% |
| 6 months | −9.3% | −28.1% | −5.7% |
| Year to date | −37.1% | −13.7% | −9.3% |
| 1 year | −29.4% | −14.1% | −18.4% |
| 3 years, cumulative | +13.9% | +116.0% | −76.2% |
| 5 years, cumulative | +75.0% | — | −80.2% |
Technicals
4 measures| Measure | FSLR | NXT | ENPH |
|---|---|---|---|
| RSI 14 | 38.1 | 43.4 | 37.4 |
| From 52-week high | −46.2% | −50.9% | −58.5% |
| From 52-week low | +2.4% | +4.3% | +18.8% |
| Beta | 1.79 | 1.94 | 1.63 |
InsiderStreet reports findings from filings and market data. A comparison is not a recommendation to buy or sell either stock.Every figure is computed in code · data as of 2026-10-17