ARRAY TECHNOLOGIES INC (ARRY) Stock Fundamental Analysis
USA - NASDAQ:ARRY - US04271T1007 - Common Stock
8.795 USD
+0.07 (+0.86%)
Taking everything into account, ARRY scores 5 out of 10 in our fundamental rating. ARRY was compared to 93 industry peers in the Electrical Equipment industry. ARRY has only an average score on both its financial health and profitability. A decent growth rate in combination with a cheap valuation! Better keep an eye on ARRY.
1. Profitability
1.1 Basic Checks
In the past year ARRY was profitable.
ARRY had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: ARRY reported negative net income in multiple years.
In multiple years ARRY reported negative operating cash flow during the last 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -17.24%, ARRY is in line with its industry, outperforming 55.91% of the companies in the same industry.
ARRY has a Return On Equity (-72.79%) which is comparable to the rest of the industry.
ARRY has a better Return On Invested Capital (9.13%) than 82.80% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -17.24% | ||
| ROE | -72.79% | ||
| ROIC | 9.13% |
ROA(3y)-6.1%
ROA(5y)-3.02%
ROE(3y)-32.93%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Operating Margin, with a value of 10.80%, ARRY belongs to the top of the industry, outperforming 81.72% of the companies in the same industry.
In the last couple of years the Operating Margin of ARRY has declined.
The Gross Margin of ARRY (28.19%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of ARRY has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.8% | ||
| PM (TTM) | N/A | ||
| GM | 28.19% |
OM growth 3YN/A
OM growth 5Y-3.06%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y49.56%
GM growth 5Y6.91%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ARRY is still creating some value.
The number of shares outstanding for ARRY has been increased compared to 1 year ago.
Compared to 5 years ago, ARRY has more shares outstanding
ARRY has a worse debt/assets ratio than last year.
2.2 Solvency
ARRY has an Altman-Z score of 1.87. This is not the best score and indicates that ARRY is in the grey zone with still only limited risk for bankruptcy at the moment.
ARRY has a Altman-Z score (1.87) which is comparable to the rest of the industry.
The Debt to FCF ratio of ARRY is 6.29, which is on the high side as it means it would take ARRY, 6.29 years of fcf income to pay off all of its debts.
ARRY has a better Debt to FCF ratio (6.29) than 73.12% of its industry peers.
A Debt/Equity ratio of 1.80 is on the high side and indicates that ARRY has dependencies on debt financing.
ARRY's Debt to Equity ratio of 1.80 is on the low side compared to the rest of the industry. ARRY is outperformed by 74.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | 6.29 | ||
| Altman-Z | 1.87 |
ROIC/WACC1.25
WACC7.33%
2.3 Liquidity
A Current Ratio of 2.22 indicates that ARRY has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.22, ARRY is in the better half of the industry, outperforming 64.52% of the companies in the same industry.
A Quick Ratio of 1.84 indicates that ARRY should not have too much problems paying its short term obligations.
ARRY has a better Quick ratio (1.84) than 70.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.22 | ||
| Quick Ratio | 1.84 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 5.19% over the past year.
ARRY shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 65.57% yearly.
Looking at the last year, ARRY shows a small growth in Revenue. The Revenue has grown by 6.36% in the last year.
Measured over the past years, ARRY shows a small growth in Revenue. The Revenue has been growing by 7.17% on average per year.
EPS 1Y (TTM)5.19%
EPS 3Y65.57%
EPS 5YN/A
EPS Q2Q%25%
Revenue 1Y (TTM)6.36%
Revenue growth 3Y2.38%
Revenue growth 5Y7.17%
Sales Q2Q%41.63%
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 7.71% on average per year.
The Revenue is expected to grow by 10.47% on average over the next years. This is quite good.
EPS Next Y16.47%
EPS Next 2Y24.29%
EPS Next 3Y19.53%
EPS Next 5Y7.71%
Revenue Next Year33%
Revenue Next 2Y22.53%
Revenue Next 3Y17.41%
Revenue Next 5Y10.47%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 12.39, which indicates a correct valuation of ARRY.
Based on the Price/Earnings ratio, ARRY is valued cheaper than 92.47% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.76. ARRY is valued rather cheaply when compared to this.
ARRY is valuated reasonably with a Price/Forward Earnings ratio of 9.65.
Based on the Price/Forward Earnings ratio, ARRY is valued cheaper than 97.85% of the companies in the same industry.
ARRY's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.21.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.39 | ||
| Fwd PE | 9.65 |
4.2 Price Multiples
ARRY's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ARRY is cheaper than 94.62% of the companies in the same industry.
ARRY's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ARRY is cheaper than 93.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.18 | ||
| EV/EBITDA | 9.58 |
4.3 Compensation for Growth
ARRY's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as ARRY's earnings are expected to grow with 19.53% in the coming years.
PEG (NY)0.75
PEG (5Y)N/A
EPS Next 2Y24.29%
EPS Next 3Y19.53%
5. Dividend
5.1 Amount
No dividends for ARRY!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NASDAQ:ARRY (10/8/2025, 10:24:03 AM)
8.795
+0.07 (+0.86%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners122.44%
Inst Owner Change0%
Ins Owners0.51%
Ins Owner Change6.19%
Market Cap1.34B
Analysts77.06
Price Target9.11 (3.58%)
Short Float %25.28%
Short Ratio4.95
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)33.72%
Min EPS beat(2)25.01%
Max EPS beat(2)42.44%
EPS beat(4)3
Avg EPS beat(4)19.81%
Min EPS beat(4)-9.27%
Max EPS beat(4)42.44%
EPS beat(8)7
Avg EPS beat(8)72.94%
EPS beat(12)11
Avg EPS beat(12)121.34%
EPS beat(16)13
Avg EPS beat(16)100.29%
Revenue beat(2)2
Avg Revenue beat(2)17.19%
Min Revenue beat(2)12.1%
Max Revenue beat(2)22.27%
Revenue beat(4)3
Avg Revenue beat(4)8.1%
Min Revenue beat(4)-2.47%
Max Revenue beat(4)22.27%
Revenue beat(8)6
Avg Revenue beat(8)5.76%
Revenue beat(12)10
Avg Revenue beat(12)8.8%
Revenue beat(16)13
Avg Revenue beat(16)8%
PT rev (1m)-0.48%
PT rev (3m)4.28%
EPS NQ rev (1m)-0.73%
EPS NQ rev (3m)21.1%
EPS NY rev (1m)1.37%
EPS NY rev (3m)7.24%
Revenue NQ rev (1m)-1.13%
Revenue NQ rev (3m)17.15%
Revenue NY rev (1m)0.98%
Revenue NY rev (3m)9.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.39 | ||
| Fwd PE | 9.65 | ||
| P/S | 1.15 | ||
| P/FCF | 12.18 | ||
| P/OCF | 10.08 | ||
| P/B | 3.68 | ||
| P/tB | 73.23 | ||
| EV/EBITDA | 9.58 |
EPS(TTM)0.71
EY8.07%
EPS(NY)0.91
Fwd EY10.36%
FCF(TTM)0.72
FCFY8.21%
OCF(TTM)0.87
OCFY9.92%
SpS7.67
BVpS2.39
TBVpS0.12
PEG (NY)0.75
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -17.24% | ||
| ROE | -72.79% | ||
| ROCE | 11.78% | ||
| ROIC | 9.13% | ||
| ROICexc | 14.07% | ||
| ROICexgc | 28.04% | ||
| OM | 10.8% | ||
| PM (TTM) | N/A | ||
| GM | 28.19% | ||
| FCFM | 9.41% |
ROA(3y)-6.1%
ROA(5y)-3.02%
ROE(3y)-32.93%
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
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5Y-46.48%
OM growth 3YN/A
OM growth 5Y-3.06%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y49.56%
GM growth 5Y6.91%
F-Score3
Asset Turnover0.76
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | 6.29 | ||
| Debt/EBITDA | 3.82 | ||
| Cap/Depr | 50.62% | ||
| Cap/Sales | 1.97% | ||
| Interest Coverage | 3.42 | ||
| Cash Conversion | 77.48% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.22 | ||
| Quick Ratio | 1.84 | ||
| Altman-Z | 1.87 |
F-Score3
WACC7.33%
ROIC/WACC1.25
Cap/Depr(3y)25.56%
Cap/Depr(5y)18.91%
Cap/Sales(3y)1.25%
Cap/Sales(5y)0.86%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)5.19%
EPS 3Y65.57%
EPS 5YN/A
EPS Q2Q%25%
EPS Next Y16.47%
EPS Next 2Y24.29%
EPS Next 3Y19.53%
EPS Next 5Y7.71%
Revenue 1Y (TTM)6.36%
Revenue growth 3Y2.38%
Revenue growth 5Y7.17%
Sales Q2Q%41.63%
Revenue Next Year33%
Revenue Next 2Y22.53%
Revenue Next 3Y17.41%
Revenue Next 5Y10.47%
EBIT growth 1Y6.85%
EBIT growth 3YN/A
EBIT growth 5Y3.88%
EBIT Next Year491.81%
EBIT Next 3Y97.17%
EBIT Next 5Y49.06%
FCF growth 1Y-56.35%
FCF growth 3YN/A
FCF growth 5Y-18.84%
OCF growth 1Y-50.39%
OCF growth 3YN/A
OCF growth 5Y-16.79%