ARRAY TECHNOLOGIES INC (ARRY) Fundamental Analysis & Valuation
NASDAQ:ARRY • US04271T1007
Current stock price
7.3 USD
+0.47 (+6.88%)
At close:
7.33 USD
+0.03 (+0.41%)
After Hours:
This ARRY fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. ARRY Profitability Analysis
1.1 Basic Checks
- ARRY had positive earnings in the past year.
- In the past year ARRY had a positive cash flow from operations.
- In the past 5 years ARRY reported 4 times negative net income.
- ARRY had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- ARRY has a Return On Assets (-7.72%) which is in line with its industry peers.
- Looking at the Return On Equity, with a value of -43.03%, ARRY is in line with its industry, outperforming 46.74% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 7.58%, ARRY belongs to the top of the industry, outperforming 81.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.72% | ||
| ROE | -43.03% | ||
| ROIC | 7.58% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- ARRY has a better Operating Margin (8.03%) than 77.17% of its industry peers.
- ARRY's Operating Margin has declined in the last couple of years.
- Looking at the Gross Margin, with a value of 25.55%, ARRY is in line with its industry, outperforming 54.35% of the companies in the same industry.
- ARRY's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.03% | ||
| PM (TTM) | N/A | ||
| GM | 25.55% |
OM growth 3YN/A
OM growth 5Y-5.95%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y22.55%
GM growth 5Y1.91%
2. ARRY Health Analysis
2.1 Basic Checks
- ARRY has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- ARRY has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
- ARRY has an Altman-Z score of 1.64. This is a bad value and indicates that ARRY is not financially healthy and even has some risk of bankruptcy.
- ARRY's Altman-Z score of 1.64 is in line compared to the rest of the industry. ARRY outperforms 56.52% of its industry peers.
- ARRY has a debt to FCF ratio of 8.91. This is a slightly negative value and a sign of low solvency as ARRY would need 8.91 years to pay back of all of its debts.
- The Debt to FCF ratio of ARRY (8.91) is better than 68.48% of its industry peers.
- ARRY has a Debt/Equity ratio of 2.69. This is a high value indicating a heavy dependency on external financing.
- With a Debt to Equity ratio value of 2.69, ARRY is not doing good in the industry: 69.57% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.69 | ||
| Debt/FCF | 8.91 | ||
| Altman-Z | 1.64 |
ROIC/WACC0.98
WACC7.75%
2.3 Liquidity
- A Current Ratio of 2.31 indicates that ARRY has no problem at all paying its short term obligations.
- ARRY has a Current ratio of 2.31. This is in the better half of the industry: ARRY outperforms 64.13% of its industry peers.
- A Quick Ratio of 1.91 indicates that ARRY should not have too much problems paying its short term obligations.
- ARRY has a better Quick ratio (1.91) than 76.09% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.31 | ||
| Quick Ratio | 1.91 |
3. ARRY Growth Analysis
3.1 Past
- ARRY shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.56%, which is quite good.
- Measured over the past years, ARRY shows a very strong growth in Earnings Per Share. The EPS has been growing by 24.17% on average per year.
- Looking at the last year, ARRY shows a very strong growth in Revenue. The Revenue has grown by 40.22%.
- The Revenue has been growing by 8.03% on average over the past years. This is quite good.
EPS 1Y (TTM)13.56%
EPS 3Y24.17%
EPS 5YN/A
EPS Q2Q%-106.25%
Revenue 1Y (TTM)40.22%
Revenue growth 3Y-7.78%
Revenue growth 5Y8.03%
Sales Q2Q%-17.87%
3.2 Future
- Based on estimates for the next years, ARRY will show a small growth in Earnings Per Share. The EPS will grow by 4.77% on average per year.
- ARRY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.88% yearly.
EPS Next Y8.24%
EPS Next 2Y15.44%
EPS Next 3Y14.1%
EPS Next 5Y4.77%
Revenue Next Year14.48%
Revenue Next 2Y11.2%
Revenue Next 3Y9.13%
Revenue Next 5Y5.88%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. ARRY Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 10.90 indicates a reasonable valuation of ARRY.
- Based on the Price/Earnings ratio, ARRY is valued cheaper than 95.65% of the companies in the same industry.
- ARRY's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.91.
- Based on the Price/Forward Earnings ratio of 10.07, the valuation of ARRY can be described as reasonable.
- Based on the Price/Forward Earnings ratio, ARRY is valued cheaply inside the industry as 94.57% of the companies are valued more expensively.
- ARRY is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.69, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.9 | ||
| Fwd PE | 10.07 |
4.2 Price Multiples
- 91.30% of the companies in the same industry are more expensive than ARRY, based on the Enterprise Value to EBITDA ratio.
- ARRY's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ARRY is cheaper than 94.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.98 | ||
| EV/EBITDA | 10.05 |
4.3 Compensation for Growth
- ARRY's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- A more expensive valuation may be justified as ARRY's earnings are expected to grow with 14.10% in the coming years.
PEG (NY)1.32
PEG (5Y)N/A
EPS Next 2Y15.44%
EPS Next 3Y14.1%
5. ARRY Dividend Analysis
5.1 Amount
- ARRY does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
ARRY Fundamentals: All Metrics, Ratios and Statistics
7.3
+0.47 (+6.88%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)02-25 2026-02-25/amc
Earnings (Next)05-04 2026-05-04/amc
Inst Owners133.18%
Inst Owner Change0%
Ins Owners0.51%
Ins Owner Change11.82%
Market Cap1.12B
Revenue(TTM)1.28B
Net Income(TTM)-112.03M
Analysts75.63
Price Target10.23 (40.14%)
Short Float %16.15%
Short Ratio3.82
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)16.99%
Min EPS beat(2)-11.66%
Max EPS beat(2)45.64%
EPS beat(4)3
Avg EPS beat(4)25.36%
Min EPS beat(4)-11.66%
Max EPS beat(4)45.64%
EPS beat(8)6
Avg EPS beat(8)58.87%
EPS beat(12)10
Avg EPS beat(12)116.21%
EPS beat(16)14
Avg EPS beat(16)110.2%
Revenue beat(2)2
Avg Revenue beat(2)14.27%
Min Revenue beat(2)4.52%
Max Revenue beat(2)24.01%
Revenue beat(4)4
Avg Revenue beat(4)15.73%
Min Revenue beat(4)4.52%
Max Revenue beat(4)24.01%
Revenue beat(8)7
Avg Revenue beat(8)9.57%
Revenue beat(12)10
Avg Revenue beat(12)8.35%
Revenue beat(16)14
Avg Revenue beat(16)10.3%
PT rev (1m)-9.72%
PT rev (3m)-8.09%
EPS NQ rev (1m)-191.28%
EPS NQ rev (3m)-127.21%
EPS NY rev (1m)0%
EPS NY rev (3m)-17.5%
Revenue NQ rev (1m)-4.48%
Revenue NQ rev (3m)-39.83%
Revenue NY rev (1m)-0.27%
Revenue NY rev (3m)1.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.9 | ||
| Fwd PE | 10.07 | ||
| P/S | 0.87 | ||
| P/FCF | 13.98 | ||
| P/OCF | 10.96 | ||
| P/B | 4.29 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.05 |
EPS(TTM)0.67
EY9.18%
EPS(NY)0.73
Fwd EY9.93%
FCF(TTM)0.52
FCFY7.15%
OCF(TTM)0.67
OCFY9.12%
SpS8.4
BVpS1.7
TBVpS-0.74
PEG (NY)1.32
PEG (5Y)N/A
Graham Number5.07
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.72% | ||
| ROE | -43.03% | ||
| ROCE | 9.59% | ||
| ROIC | 7.58% | ||
| ROICexc | 9.81% | ||
| ROICexgc | 17.83% | ||
| OM | 8.03% | ||
| PM (TTM) | N/A | ||
| GM | 25.55% | ||
| FCFM | 6.22% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5Y-5.95%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y22.55%
GM growth 5Y1.91%
F-Score5
Asset Turnover0.88
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.69 | ||
| Debt/FCF | 8.91 | ||
| Debt/EBITDA | 4.66 | ||
| Cap/Depr | 46.46% | ||
| Cap/Sales | 1.71% | ||
| Interest Coverage | 6.42 | ||
| Cash Conversion | 67.69% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.31 | ||
| Quick Ratio | 1.91 | ||
| Altman-Z | 1.64 |
F-Score5
WACC7.75%
ROIC/WACC0.98
Cap/Depr(3y)37.55%
Cap/Depr(5y)27.25%
Cap/Sales(3y)1.61%
Cap/Sales(5y)1.17%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)13.56%
EPS 3Y24.17%
EPS 5YN/A
EPS Q2Q%-106.25%
EPS Next Y8.24%
EPS Next 2Y15.44%
EPS Next 3Y14.1%
EPS Next 5Y4.77%
Revenue 1Y (TTM)40.22%
Revenue growth 3Y-7.78%
Revenue growth 5Y8.03%
Sales Q2Q%-17.87%
Revenue Next Year14.48%
Revenue Next 2Y11.2%
Revenue Next 3Y9.13%
Revenue Next 5Y5.88%
EBIT growth 1Y2.16%
EBIT growth 3YN/A
EBIT growth 5Y1.6%
EBIT Next Year83.43%
EBIT Next 3Y31.81%
EBIT Next 5Y16.16%
FCF growth 1Y-41.05%
FCF growth 3Y-15.2%
FCF growth 5YN/A
OCF growth 1Y-33.9%
OCF growth 3Y-10.4%
OCF growth 5YN/A
ARRAY TECHNOLOGIES INC / ARRY Fundamental Analysis FAQ
What is the ChartMill fundamental rating of ARRAY TECHNOLOGIES INC (ARRY) stock?
ChartMill assigns a fundamental rating of 5 / 10 to ARRY.
What is the valuation status of ARRAY TECHNOLOGIES INC (ARRY) stock?
ChartMill assigns a valuation rating of 8 / 10 to ARRAY TECHNOLOGIES INC (ARRY). This can be considered as Undervalued.
What is the profitability of ARRY stock?
ARRAY TECHNOLOGIES INC (ARRY) has a profitability rating of 4 / 10.
What is the financial health of ARRAY TECHNOLOGIES INC (ARRY) stock?
The financial health rating of ARRAY TECHNOLOGIES INC (ARRY) is 4 / 10.
How sustainable is the dividend of ARRAY TECHNOLOGIES INC (ARRY) stock?
The dividend rating of ARRAY TECHNOLOGIES INC (ARRY) is 0 / 10 and the dividend payout ratio is 0%.