ARRAY TECHNOLOGIES INC (ARRY) Stock Fundamental Analysis
USA - NASDAQ:ARRY - US04271T1007 - Common Stock
9.705 USD
+0.63 (+7%)
Overall ARRY gets a fundamental rating of 5 out of 10. We evaluated ARRY against 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.
In the past year ARRY had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: ARRY reported negative net income in multiple 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 -17.24% is in line compared to the rest of the industry. ARRY outperforms 54.84% of its industry peers.
ARRY's Return On Equity of -72.79% is in line compared to the rest of the industry. ARRY outperforms 45.16% of its industry peers.
The Return On Invested Capital of ARRY (9.13%) is better 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
With an excellent Operating Margin value of 10.80%, ARRY belongs to the best of the industry, outperforming 81.72% of the companies in the same industry.
ARRY's Operating Margin has declined in the last couple of years.
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ARRY is creating some value.
ARRY has more shares outstanding than it did 1 year ago.
ARRY has more shares outstanding than it did 5 years ago.
ARRY has a worse debt/assets ratio than last year.
2.2 Solvency
ARRY has an Altman-Z score of 1.90. 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's Altman-Z score of 1.90 is in line compared to the rest of the industry. ARRY outperforms 54.84% of its industry peers.
ARRY has a debt to FCF ratio of 6.29. This is a slightly negative value and a sign of low solvency as ARRY would need 6.29 years to pay back of all of its debts.
The Debt to FCF ratio of ARRY (6.29) is better than 73.12% of its industry peers.
ARRY has a Debt/Equity ratio of 1.80. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of ARRY (1.80) is worse than 74.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | 6.29 | ||
| Altman-Z | 1.9 |
ROIC/WACC1.25
WACC7.28%
2.3 Liquidity
ARRY has a Current Ratio of 2.22. This indicates that ARRY is financially healthy and has no problem in meeting 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.
The Quick ratio of ARRY (1.84) is better 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.
The Revenue has been growing slightly by 6.36% in the past year.
The Revenue has been growing slightly by 7.17% on average over the past years.
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
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 Y16.47%
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
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.
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
A Price/Earnings ratio of 13.67 indicates a correct valuation of ARRY.
91.40% of the companies in the same industry are more expensive than ARRY, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.49, ARRY is valued rather cheaply.
ARRY is valuated reasonably with a Price/Forward Earnings ratio of 10.65.
97.85% of the companies in the same industry are more expensive than ARRY, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.99. ARRY is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.67 | ||
| Fwd PE | 10.65 |
4.2 Price Multiples
93.55% 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 93.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.44 | ||
| EV/EBITDA | 9.89 |
4.3 Compensation for Growth
The 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 19.53% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.83
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 (10/15/2025, 11:40:08 AM)
9.705
+0.63 (+7%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners122.44%
Inst Owner Change0.91%
Ins Owners0.51%
Ins Owner Change6.19%
Market Cap1.48B
Analysts77.06
Price Target9.11 (-6.13%)
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)1.71%
EPS NQ rev (3m)23.82%
EPS NY rev (1m)1.37%
EPS NY rev (3m)5.67%
Revenue NQ rev (1m)-0.04%
Revenue NQ rev (3m)17.15%
Revenue NY rev (1m)0.49%
Revenue NY rev (3m)8.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.67 | ||
| Fwd PE | 10.65 | ||
| P/S | 1.27 | ||
| P/FCF | 13.44 | ||
| P/OCF | 11.12 | ||
| P/B | 4.06 | ||
| P/tB | 80.81 | ||
| EV/EBITDA | 9.89 |
EPS(TTM)0.71
EY7.32%
EPS(NY)0.91
Fwd EY9.39%
FCF(TTM)0.72
FCFY7.44%
OCF(TTM)0.87
OCFY8.99%
SpS7.67
BVpS2.39
TBVpS0.12
PEG (NY)0.83
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 | 1.9 |
F-Score3
WACC7.28%
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%