7.395 USD
-0.08 (-1%)
Overall ARRY gets a fundamental rating of 4 out of 10. We evaluated ARRY 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 may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
In the past year ARRY was profitable.
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
The Return On Assets of ARRY (-5.72%) is comparable to the rest of the industry.
With a Return On Equity value of -22.77%, ARRY perfoms like the industry average, outperforming 57.78% of the companies in the same industry.
ARRY has a better Return On Invested Capital (9.59%) than 83.33% of its industry peers.
| 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's Operating Margin of 10.70% is fine compared to the rest of the industry. ARRY outperforms 78.89% of its industry peers.
ARRY's Operating Margin has declined in the last couple of years.
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
ARRY has more shares outstanding than it did 5 years ago.
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 (1.75) which is in line with its industry peers.
ARRY has a debt to FCF ratio of 7.72. This is a slightly negative value and a sign of low solvency as ARRY would need 7.72 years to pay back of all of its debts.
ARRY has a better Debt to FCF ratio (7.72) than 68.89% of its industry peers.
A Debt/Equity ratio of 1.63 is on the high side and indicates that ARRY has dependencies on debt financing.
With a Debt to Equity ratio value of 1.63, ARRY is not doing good in the industry: 71.11% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.63 | ||
| Debt/FCF | 7.72 | ||
| Altman-Z | 1.75 |
ROIC/WACC1.35
WACC7.08%
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 (1.89) which is in line with 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.
With a decent Quick ratio value of 1.50, ARRY is doing good in the industry, outperforming 65.56% 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.
The Earnings Per Share has been growing by 65.57% on average over the past years. This is a very strong growth
Looking at the last year, ARRY shows a very strong growth in Revenue. The Revenue has grown by 35.75%.
The Revenue has been growing slightly by 7.17% on average over the past years.
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
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.
ARRY is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.47% yearly.
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
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
With a Price/Earnings ratio of 8.80, the valuation of ARRY can be described as very reasonable.
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.
The average S&P500 Price/Earnings ratio is at 25.98. ARRY is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 8.09, the valuation of ARRY can be described as reasonable.
97.78% of the companies in the same industry are more expensive than ARRY, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.79, ARRY is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.8 | ||
| Fwd PE | 8.09 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ARRY indicates a rather cheap valuation: ARRY is cheaper than 94.44% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ARRY indicates a rather cheap valuation: ARRY is cheaper than 93.33% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.8 | ||
| EV/EBITDA | 8.55 |
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 22.00% in the coming years.
PEG (NY)0.54
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 |
NASDAQ:ARRY (11/26/2025, 12:16:01 PM)
7.395
-0.08 (-1%)
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 Cap1.13B
Revenue(TTM)1.33B
Net Income(TTM)-92.11M
Analysts75.76
Price Target11.09 (49.97%)
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 | 8.8 | ||
| Fwd PE | 8.09 | ||
| P/S | 0.85 | ||
| P/FCF | 12.8 | ||
| P/OCF | 9.76 | ||
| P/B | 2.79 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.55 |
EPS(TTM)0.84
EY11.36%
EPS(NY)0.91
Fwd EY12.35%
FCF(TTM)0.58
FCFY7.81%
OCF(TTM)0.76
OCFY10.25%
SpS8.73
BVpS2.65
TBVpS-0.56
PEG (NY)0.54
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 8.8 and the Price/Book (PB) ratio is 2.79.
How financially healthy is ARRAY TECHNOLOGIES INC?
The financial health rating of ARRAY TECHNOLOGIES INC (ARRY) is 3 / 10.