9.89 USD
+0.56 (+6%)
9.8946 USD
+0 (+0.05%)
We assign a fundamental rating of 5 out of 10 to ARRY. ARRY was compared to 91 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. ARRY is evaluated to be cheap and growing strongly. This does not happen too often!
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 decent Return On Assets value of -5.72%, ARRY is doing good in the industry, outperforming 60.44% of the companies in the same industry.
- ARRY has a Return On Equity (-22.77%) which is comparable to the rest of the industry.
- The Return On Invested Capital of ARRY (9.59%) is better than 85.71% 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 has a Operating Margin of 10.70%. This is amongst the best in the industry. ARRY outperforms 80.22% 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.
- 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
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ARRY is creating some value.
- The number of shares outstanding for ARRY has been increased compared to 1 year ago.
- The number of shares outstanding for ARRY has been increased compared to 5 years ago.
- ARRY has a worse debt/assets ratio than last year.
2.2 Solvency
- ARRY has an Altman-Z score of 1.89. 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 of 1.89. This is comparable to the rest of the industry: ARRY outperforms 58.24% 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 has a Debt to FCF ratio of 7.72. This is in the better half of the industry: ARRY outperforms 69.23% 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 64.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.63 | ||
| Debt/FCF | 7.72 | ||
| Altman-Z | 1.89 |
ROIC/WACC1.29
WACC7.43%
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.
- The Current ratio of ARRY (1.89) 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.
- With a decent Quick ratio value of 1.50, ARRY is doing good in the industry, outperforming 63.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.89 | ||
| Quick Ratio | 1.5 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 31.25% over the past year.
- 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%.
- 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)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 quite strong growth in Earnings Per Share. The EPS will grow by 13.02% on average per year.
- ARRY is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.21% yearly.
EPS Next Y16.11%
EPS Next 2Y22.06%
EPS Next 3Y20.1%
EPS Next 5Y13.02%
Revenue Next Year39.03%
Revenue Next 2Y25.39%
Revenue Next 3Y18.93%
Revenue Next 5Y12.21%
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.
- 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
- With a Price/Earnings ratio of 11.77, the valuation of ARRY can be described as very reasonable.
- Based on the Price/Earnings ratio, ARRY is valued cheaper than 94.51% 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 27.54.
- ARRY is valuated reasonably with a Price/Forward Earnings ratio of 11.25.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of ARRY indicates a rather cheap valuation: ARRY is cheaper than 95.60% of the companies listed in the same industry.
- ARRY is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.31, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.77 | ||
| Fwd PE | 11.25 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, ARRY is valued cheaply inside the industry as 94.51% of the companies are valued more expensively.
- 91.21% 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 | 17.12 | ||
| EV/EBITDA | 10.07 |
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 20.10% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.73
PEG (5Y)N/A
EPS Next 2Y22.06%
EPS Next 3Y20.1%
5. Dividend
5.1 Amount
- No dividends for ARRY!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
9.89
+0.56 (+6%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)11-05 2025-11-05/amc
Earnings (Next)02-25 2026-02-25/amc
Inst Owners136.7%
Inst Owner Change-0.94%
Ins Owners0.5%
Ins Owner Change0.2%
Market Cap1.51B
Revenue(TTM)1.33B
Net Income(TTM)-92.11M
Analysts76.36
Price Target11.13 (12.54%)
Short Float %25.7%
Short Ratio6.11
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)0.35%
PT rev (3m)22.11%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-99.86%
EPS NY rev (1m)-0.01%
EPS NY rev (3m)-0.31%
Revenue NQ rev (1m)-0.98%
Revenue NQ rev (3m)-9.39%
Revenue NY rev (1m)0%
Revenue NY rev (3m)4.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.77 | ||
| Fwd PE | 11.25 | ||
| P/S | 1.13 | ||
| P/FCF | 17.12 | ||
| P/OCF | 13.05 | ||
| P/B | 3.73 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.07 |
EPS(TTM)0.84
EY8.49%
EPS(NY)0.88
Fwd EY8.89%
FCF(TTM)0.58
FCFY5.84%
OCF(TTM)0.76
OCFY7.66%
SpS8.73
BVpS2.65
TBVpS-0.56
PEG (NY)0.73
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 | 1.89 |
F-Score5
WACC7.43%
ROIC/WACC1.29
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 Y16.11%
EPS Next 2Y22.06%
EPS Next 3Y20.1%
EPS Next 5Y13.02%
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 3Y18.93%
Revenue Next 5Y12.21%
EBIT growth 1Y32.64%
EBIT growth 3YN/A
EBIT growth 5Y3.88%
EBIT Next Year483.29%
EBIT Next 3Y97.21%
EBIT Next 5Y50.54%
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.
What is the valuation status of ARRAY TECHNOLOGIES INC (ARRY) stock?
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.
Can you provide the financial health for ARRY stock?
The financial health rating of ARRAY TECHNOLOGIES INC (ARRY) is 3 / 10.
Is the dividend of ARRAY TECHNOLOGIES INC sustainable?
The dividend rating of ARRAY TECHNOLOGIES INC (ARRY) is 0 / 10 and the dividend payout ratio is 0%.