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

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

Analyst Ratings

This is a summary of current recommendations and price targets for Nextpower and Clean Energy Technologies, as provided by MarketBeat.com.

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

Nextpower presently 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, research analysts clearly believe Nextpower is more favorable than Clean Energy Technologies.

Profitability

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

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

Risk & Volatility

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

Earnings and Valuation

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

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

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.

Insider & Institutional Ownership

67.4% of Nextpower shares are held by institutional investors. Comparatively, 0.5% of Clean Energy Technologies shares are held by institutional investors. 0.8% of Nextpower shares are held by company insiders. Comparatively, 37.5% of Clean Energy Technologies shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds 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 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.

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.