7.51 USD
+0.02 (+0.27%)
7.5 USD
-0.01 (-0.13%)
ARRY gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 90 industry peers in the Electrical Equipment industry. ARRY has a medium profitability rating, but doesn't score so well on its financial health evaluation. ARRY is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
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 multiple years ARRY reported negative net income over the last 5 years.
In multiple years ARRY reported negative operating cash flow during the last 5 years.
1.2 Ratios
With a Return On Assets value of -5.72%, ARRY perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
ARRY has a Return On Equity (-22.77%) which is in line with its industry peers.
Looking at the Return On Invested Capital, with a value of 9.59%, ARRY belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.72% | ||
| ROE | -22.77% | ||
| ROIC | 9.59% |
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
ARRY has a Operating Margin of 10.70%. This is in the better half of the industry: ARRY outperforms 78.89% 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 26.82%, ARRY is in line with its industry, outperforming 56.67% of the companies in the same industry.
In the last couple of years the Gross Margin of ARRY has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.7% | ||
| PM (TTM) | N/A | ||
| GM | 26.82% |
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
ARRY has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, ARRY has more shares outstanding
Compared to 5 years ago, ARRY has more shares outstanding
The debt/assets ratio for ARRY is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.75, we must say that ARRY is in the distress zone and has some risk of bankruptcy.
ARRY has a Altman-Z score of 1.75. This is comparable to the rest of the industry: ARRY outperforms 54.44% of its industry peers.
The Debt to FCF ratio of ARRY is 7.72, which is on the high side as it means it would take ARRY, 7.72 years of fcf income to pay off all of its debts.
ARRY's Debt to FCF ratio of 7.72 is fine compared to the rest of the industry. ARRY outperforms 68.89% of its industry peers.
ARRY has a Debt/Equity ratio of 1.63. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of ARRY (1.63) is worse than 71.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.63 | ||
| Debt/FCF | 7.72 | ||
| Altman-Z | 1.75 |
ROIC/WACC1.35
WACC7.08%
2.3 Liquidity
ARRY has a Current Ratio of 1.89. This is a normal value and indicates that ARRY is financially healthy and should not expect problems in meeting its short term obligations.
ARRY has a Current ratio (1.89) which is comparable to the rest of the industry.
A Quick Ratio of 1.50 indicates that ARRY should not have too much problems paying its short term obligations.
ARRY has a better Quick ratio (1.50) than 65.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.89 | ||
| Quick Ratio | 1.5 |
3. Growth
3.1 Past
ARRY shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 31.25%, which is quite impressive.
The Earnings Per Share has been growing by 65.57% on average over the past years. This is a very strong growth
ARRY shows a strong growth in Revenue. In the last year, the Revenue has grown by 35.75%.
ARRY shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.17% yearly.
EPS 1Y (TTM)31.25%
EPS 3Y65.57%
EPS 5YN/A
EPS Q2Q%76.47%
Revenue 1Y (TTM)35.75%
Revenue growth 3Y2.38%
Revenue growth 5Y7.17%
Sales Q2Q%70.04%
3.2 Future
ARRY is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.71% yearly.
Based on estimates for the next years, ARRY will show a quite strong growth in Revenue. The Revenue will grow by 10.47% on average per year.
EPS Next Y16.23%
EPS Next 2Y24.43%
EPS Next 3Y22%
EPS Next 5Y7.71%
Revenue Next Year32.57%
Revenue Next 2Y23.31%
Revenue Next 3Y17.96%
Revenue Next 5Y10.47%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 8.94 indicates a reasonable valuation of ARRY.
Compared to the rest of the industry, the Price/Earnings ratio of ARRY indicates a rather cheap valuation: ARRY is cheaper than 96.67% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of ARRY to the average of the S&P500 Index (26.31), we can say ARRY is valued rather cheaply.
The Price/Forward Earnings ratio is 8.22, which indicates a very decent valuation of ARRY.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ARRY indicates a rather cheap valuation: ARRY is cheaper than 97.78% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 36.59. ARRY is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.94 | ||
| Fwd PE | 8.22 |
4.2 Price Multiples
94.44% of the companies in the same industry are more expensive than ARRY, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, ARRY is valued cheaply inside the industry as 93.33% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13 | ||
| EV/EBITDA | 8.57 |
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.
ARRY's earnings are expected to grow with 22.00% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.55
PEG (5Y)N/A
EPS Next 2Y24.43%
EPS Next 3Y22%
5. Dividend
5.1 Amount
No dividends for ARRY!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
7.51
+0.02 (+0.27%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners122.44%
Inst Owner Change11.86%
Ins Owners0.51%
Ins Owner Change0.2%
Market Cap1.15B
Revenue(TTM)1.33B
Net Income(TTM)-92.11M
Analysts75.76
Price Target11.09 (47.67%)
Short Float %28.57%
Short Ratio6.03
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)35.33%
Min EPS beat(2)25.01%
Max EPS beat(2)45.64%
EPS beat(4)3
Avg EPS beat(4)25.95%
Min EPS beat(4)-9.27%
Max EPS beat(4)45.64%
EPS beat(8)7
Avg EPS beat(8)70.72%
EPS beat(12)11
Avg EPS beat(12)118.82%
EPS beat(16)14
Avg EPS beat(16)104.93%
Revenue beat(2)2
Avg Revenue beat(2)23.14%
Min Revenue beat(2)22.27%
Max Revenue beat(2)24.01%
Revenue beat(4)4
Avg Revenue beat(4)14.72%
Min Revenue beat(4)0.51%
Max Revenue beat(4)24.01%
Revenue beat(8)7
Avg Revenue beat(8)9.8%
Revenue beat(12)10
Avg Revenue beat(12)8.59%
Revenue beat(16)14
Avg Revenue beat(16)10.07%
PT rev (1m)21.68%
PT rev (3m)21.09%
EPS NQ rev (1m)-95.14%
EPS NQ rev (3m)-95.26%
EPS NY rev (1m)-0.05%
EPS NY rev (3m)1.16%
Revenue NQ rev (1m)-9.1%
Revenue NQ rev (3m)-5.05%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.94 | ||
| Fwd PE | 8.22 | ||
| P/S | 0.86 | ||
| P/FCF | 13 | ||
| P/OCF | 9.91 | ||
| P/B | 2.83 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.57 |
EPS(TTM)0.84
EY11.19%
EPS(NY)0.91
Fwd EY12.16%
FCF(TTM)0.58
FCFY7.7%
OCF(TTM)0.76
OCFY10.09%
SpS8.73
BVpS2.65
TBVpS-0.56
PEG (NY)0.55
PEG (5Y)N/A
Graham Number7.08
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.72% | ||
| ROE | -22.77% | ||
| ROCE | 12.38% | ||
| ROIC | 9.59% | ||
| ROICexc | 11.87% | ||
| ROICexgc | 25.04% | ||
| OM | 10.7% | ||
| PM (TTM) | N/A | ||
| GM | 26.82% | ||
| FCFM | 6.62% |
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
ROICexgc growth 3YN/A
ROICexgc 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-Score5
Asset Turnover0.83
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.63 | ||
| Debt/FCF | 7.72 | ||
| Debt/EBITDA | 3.52 | ||
| Cap/Depr | 61.76% | ||
| Cap/Sales | 2.06% | ||
| Interest Coverage | 5.22 | ||
| Cash Conversion | 61.84% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.89 | ||
| Quick Ratio | 1.5 | ||
| Altman-Z | 1.75 |
F-Score5
WACC7.08%
ROIC/WACC1.35
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)31.25%
EPS 3Y65.57%
EPS 5YN/A
EPS Q2Q%76.47%
EPS Next Y16.23%
EPS Next 2Y24.43%
EPS Next 3Y22%
EPS Next 5Y7.71%
Revenue 1Y (TTM)35.75%
Revenue growth 3Y2.38%
Revenue growth 5Y7.17%
Sales Q2Q%70.04%
Revenue Next Year32.57%
Revenue Next 2Y23.31%
Revenue Next 3Y17.96%
Revenue Next 5Y10.47%
EBIT growth 1Y32.64%
EBIT growth 3YN/A
EBIT growth 5Y3.88%
EBIT Next Year491.81%
EBIT Next 3Y97.17%
EBIT Next 5Y49.06%
FCF growth 1Y-59.88%
FCF growth 3YN/A
FCF growth 5Y-18.84%
OCF growth 1Y-50.86%
OCF growth 3YN/A
OCF growth 5Y-16.79%
ARRAY TECHNOLOGIES INC / ARRY FAQ
What is the ChartMill fundamental rating of ARRAY TECHNOLOGIES INC (ARRY) stock?
ChartMill assigns a fundamental rating of 4 / 10 to ARRY.
Can you provide the valuation status for ARRAY TECHNOLOGIES INC?
ChartMill assigns a valuation rating of 8 / 10 to ARRAY TECHNOLOGIES INC (ARRY). This can be considered as Undervalued.
Can you provide the profitability details for ARRAY TECHNOLOGIES INC?
ARRAY TECHNOLOGIES INC (ARRY) has a profitability rating of 4 / 10.
What are the PE and PB ratios of ARRAY TECHNOLOGIES INC (ARRY) stock?
The Price/Earnings (PE) ratio for ARRAY TECHNOLOGIES INC (ARRY) is 8.94 and the Price/Book (PB) ratio is 2.83.
How financially healthy is ARRAY TECHNOLOGIES INC?
The financial health rating of ARRAY TECHNOLOGIES INC (ARRY) is 3 / 10.