8.0256 USD
+0.02 (+0.19%)
ARRY gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 90 industry peers in the Electrical Equipment industry. While ARRY is still in line with the averages on profitability rating, there are concerns on its financial health. An interesting combination arises when we look at growth and value: ARRY is growing strongly while it also seems undervalued.
1. Profitability
1.1 Basic Checks
ARRY had positive earnings in the past year.
ARRY had a positive operating cash flow in the past year.
In multiple years ARRY reported negative net income over the last 5 years.
The reported operating cash flow has been mixed in the past 5 years: ARRY reported negative operating cash flow in multiple years.
1.2 Ratios
ARRY's Return On Assets of -5.72% is in line compared to the rest of the industry. ARRY outperforms 60.00% of its industry peers.
With a Return On Equity value of -22.77%, ARRY perfoms like the industry average, outperforming 55.56% of the companies in the same industry.
With an excellent Return On Invested Capital value of 9.59%, ARRY belongs to the best of the industry, outperforming 84.44% 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
The Operating Margin of ARRY (10.70%) is better than 80.00% of its industry peers.
In the last couple of years the Operating Margin of ARRY has declined.
ARRY has a Gross Margin (26.82%) which is comparable to the rest of the industry.
ARRY's Gross Margin has improved in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ARRY 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 1.79, we must say that ARRY is in the distress zone and has some risk of bankruptcy.
ARRY has a Altman-Z score (1.79) which is comparable to the rest of the industry.
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.
Looking at the Debt to Equity ratio, with a value of 1.63, ARRY is doing worse than 68.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.63 | ||
| Debt/FCF | 7.72 | ||
| Altman-Z | 1.79 |
ROIC/WACC1.33
WACC7.22%
2.3 Liquidity
A Current Ratio of 1.89 indicates that ARRY should not have too much problems paying its short term obligations.
ARRY has a Current ratio of 1.89. This is comparable to the rest of the industry: ARRY outperforms 53.33% of its industry peers.
ARRY has a Quick Ratio of 1.50. This is a normal value and indicates that ARRY is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.50, ARRY is in the better half of the industry, outperforming 62.22% of the companies in the same industry.
| 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.
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 very strong growth in Revenue. 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 quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.61% yearly.
Based on estimates for the next years, ARRY will show a quite strong growth in Revenue. The Revenue will grow by 11.95% on average per year.
EPS Next Y16.13%
EPS Next 2Y21.35%
EPS Next 3Y19.67%
EPS Next 5Y11.61%
Revenue Next Year39.03%
Revenue Next 2Y25.39%
Revenue Next 3Y18.98%
Revenue Next 5Y11.95%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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 9.55, which indicates a very decent valuation of ARRY.
ARRY's Price/Earnings ratio is rather cheap when compared to the industry. ARRY is cheaper than 95.56% 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 26.34.
ARRY is valuated reasonably with a Price/Forward Earnings ratio of 9.24.
95.56% of the companies in the same industry are more expensive than ARRY, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of ARRY to the average of the S&P500 Index (23.56), we can say ARRY is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.55 | ||
| Fwd PE | 9.24 |
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.
93.33% of the companies in the same industry are more expensive than ARRY, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.89 | ||
| EV/EBITDA | 8.99 |
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 19.67% in the coming years.
PEG (NY)0.59
PEG (5Y)N/A
EPS Next 2Y21.35%
EPS Next 3Y19.67%
5. Dividend
5.1 Amount
ARRY does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NASDAQ:ARRY (12/9/2025, 9:47:08 AM)
8.0256
+0.02 (+0.19%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners134.89%
Inst Owner Change12.01%
Ins Owners0.5%
Ins Owner Change0.2%
Market Cap1.23B
Revenue(TTM)1.33B
Net Income(TTM)-92.11M
Analysts76.36
Price Target11.09 (38.18%)
Short Float %26.72%
Short Ratio5.86
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)8.87%
PT rev (3m)21.09%
EPS NQ rev (1m)-99.75%
EPS NQ rev (3m)-99.86%
EPS NY rev (1m)-0.09%
EPS NY rev (3m)1.07%
Revenue NQ rev (1m)-2.05%
Revenue NQ rev (3m)-6.38%
Revenue NY rev (1m)4.87%
Revenue NY rev (3m)5.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.55 | ||
| Fwd PE | 9.24 | ||
| P/S | 0.92 | ||
| P/FCF | 13.89 | ||
| P/OCF | 10.59 | ||
| P/B | 3.03 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.99 |
EPS(TTM)0.84
EY10.47%
EPS(NY)0.87
Fwd EY10.83%
FCF(TTM)0.58
FCFY7.2%
OCF(TTM)0.76
OCFY9.44%
SpS8.73
BVpS2.65
TBVpS-0.56
PEG (NY)0.59
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 | 1.79 |
F-Score5
WACC7.22%
ROIC/WACC1.33
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 Y16.13%
EPS Next 2Y21.35%
EPS Next 3Y19.67%
EPS Next 5Y11.61%
Revenue 1Y (TTM)35.75%
Revenue growth 3Y2.38%
Revenue growth 5Y7.17%
Sales Q2Q%70.04%
Revenue Next Year39.03%
Revenue Next 2Y25.39%
Revenue Next 3Y18.98%
Revenue Next 5Y11.95%
EBIT growth 1Y32.64%
EBIT growth 3YN/A
EBIT growth 5Y3.88%
EBIT Next Year483.31%
EBIT Next 3Y96.85%
EBIT Next 5Y49.43%
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 5 / 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 9.55 and the Price/Book (PB) ratio is 3.03.
How financially healthy is ARRAY TECHNOLOGIES INC?
The financial health rating of ARRAY TECHNOLOGIES INC (ARRY) is 3 / 10.