Array Technologies, Inc. Logo

Array Technologies, Inc.

ARRY

(1.8)
Stock Price

5,63 USD

7.88% ROA

-16.13% ROE

13.18x PER

Market Cap.

978.403.440,00 USD

117.68% DER

0% Yield

-9.2% NPM

Array Technologies, Inc. Stock Analysis

Array Technologies, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Array Technologies, Inc. Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (26.57%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 Revenue Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

4 Net Profit Growth

With continuous net profit growth in the past three years, this company demonstrates a strong financial performance, making it an enticing investment opportunity.

5 Assets Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

6 PBV

The stock's high Price-to-Book Value (P/BV) ratio (3.74x) suggests it's overvalued, potentially making it an expensive investment.

7 DER

The company has a high debt to equity ratio (121%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

8 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

9 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

10 Dividend

Investors should be cautious as the company hasn't distributed dividends in the last three years, possibly indicating financial challenges.

11 Buffet Intrinsic Value

The company's stock shows signs of being overvalued (-198) according to Warren Buffett's formula, indicating a potential downside as its market price exceeds its estimated intrinsic value.

Array Technologies, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Array Technologies, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Array Technologies, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Array Technologies, Inc. Revenue
Year Revenue Growth
2003 34.830.990.000
2004 34.830.990.000 0%
2005 45.505.516.000 23.46%
2006 45.002.975.000 -1.12%
2007 36.970.000 -121628.36%
2008 28.808.000 -28.33%
2009 24.982.000 -15.32%
2010 53.880.000 53.63%
2011 71.901.000 25.06%
2012 85.135.000 15.54%
2013 69.580.000 -22.36%
2014 42.078.000 -65.36%
2015 51.909.000 18.94%
2016 137.879.000 62.35%
2017 150.852.000 8.6%
2018 290.783.000 48.12%
2019 647.899.000 55.12%
2020 872.662.000 25.76%
2021 853.318.000 -2.27%
2022 1.637.546.000 47.89%
2023 1.401.752.000 -16.82%
2023 1.576.551.000 11.09%
2024 1.023.064.000 -54.1%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Array Technologies, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2003 596.838.000
2004 596.838.000 0%
2005 22.870.777.000 97.39%
2006 33.381.708.000 31.49%
2007 57.464.000 -57991.51%
2008 90.347.000 36.4%
2009 89.560.000 -0.88%
2010 0 0%
2011 0 0%
2012 56.719.000 100%
2013 59.420.000 4.55%
2014 49.824.000 -19.26%
2015 54.442.000 8.48%
2016 160.655.000 66.11%
2017 178.199.000 9.85%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Array Technologies, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2003 7.968.677.000
2004 7.968.677.000 0%
2005 9.372.457.000 14.98%
2006 13.788.779.000 32.03%
2007 13.644.000 -100961.12%
2008 15.591.000 12.49%
2009 18.020.000 13.48%
2010 17.121.000 -5.25%
2011 16.261.000 -5.29%
2012 15.202.000 -6.97%
2013 19.624.000 22.53%
2014 21.907.000 10.42%
2015 31.433.000 30.31%
2016 36.267.000 13.33%
2017 39.336.000 7.8%
2018 46.878.000 16.09%
2019 41.212.000 -13.75%
2020 55.634.000 25.92%
2021 80.974.000 31.29%
2022 150.777.000 46.3%
2023 149.728.000 -0.7%
2023 159.535.000 6.15%
2024 147.884.000 -7.88%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Array Technologies, Inc. EBITDA
Year EBITDA Growth
2003 -17.507.272.000
2004 -17.507.272.000 0%
2005 -15.215.577.000 -15.06%
2006 -29.911.316.000 49.13%
2007 -48.084.000 -62106.38%
2008 -88.199.000 45.48%
2009 -111.178.000 20.67%
2010 -55.544.000 -100.16%
2011 -33.201.000 -67.3%
2012 -6.881.000 -382.5%
2013 -41.858.000 83.56%
2014 -65.777.000 36.36%
2015 29.117.000 325.91%
2016 -74.062.000 139.31%
2017 -94.936.000 21.99%
2018 -34.028.000 -178.99%
2019 111.332.000 130.56%
2020 146.822.000 24.17%
2021 2.996.000 -4800.6%
2022 81.208.000 96.31%
2023 227.672.000 64.33%
2023 271.914.000 16.27%
2024 212.304.000 -28.08%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Array Technologies, Inc. Gross Profit
Year Gross Profit Growth
2003 10.893.540.000
2004 10.893.540.000 0%
2005 7.457.439.000 -46.08%
2006 5.392.135.000 -38.3%
2007 12.034.000 -44707.5%
2008 7.444.000 -61.66%
2009 5.127.000 -45.19%
2010 25.558.000 79.94%
2011 42.985.000 40.54%
2012 60.874.000 29.39%
2013 39.502.000 -54.1%
2014 -3.887.000 1116.26%
2015 7.517.000 151.71%
2016 114.713.000 93.45%
2017 115.457.000 0.64%
2018 11.555.000 -899.2%
2019 150.761.000 92.34%
2020 202.801.000 25.66%
2021 82.859.000 -144.75%
2022 227.276.000 63.54%
2023 349.516.000 34.97%
2023 376.623.000 7.2%
2024 308.304.000 -22.16%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Array Technologies, Inc. Net Profit
Year Net Profit Growth
2003 -25.504.022.000
2004 -25.504.022.000 0%
2005 -23.244.024.000 -9.72%
2006 -40.283.183.000 42.3%
2007 -56.421.000 -71297.5%
2008 -98.274.000 42.59%
2009 -138.127.000 28.85%
2010 -93.380.000 -47.92%
2011 -71.831.000 -30%
2012 -35.205.000 -104.04%
2013 -73.200.000 51.91%
2014 -94.973.000 22.93%
2015 -878.000 -10716.97%
2016 -103.714.000 99.15%
2017 -129.133.000 19.68%
2018 -60.764.000 -112.52%
2019 39.745.000 252.88%
2020 59.073.000 32.72%
2021 -50.403.000 217.2%
2022 4.432.000 1237.25%
2023 92.856.000 95.23%
2023 137.240.000 32.34%
2024 102.792.000 -33.51%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Array Technologies, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2003 -1
2004 -1 0%
2005 -1 0%
2006 -1 100%
2007 -1 0%
2008 -2 50%
2009 -3 0%
2010 -2 -100%
2011 -1 0%
2012 0 0%
2013 -1 0%
2014 -1 0%
2015 0 0%
2016 -1 0%
2017 -1 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 1 0%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Array Technologies, Inc. Free Cashflow
Year Free Cashflow Growth
2003 1.872.208.000
2004 1.872.208.000 0%
2005 -22.859.923.000 108.19%
2006 -29.476.798.000 22.45%
2007 -51.671.000 -56947.08%
2008 -45.568.000 -13.39%
2009 -92.939.000 50.97%
2010 17.558.000 629.33%
2011 -65.940.000 126.63%
2012 -34.983.000 -88.49%
2013 -89.407.000 60.87%
2014 -74.296.000 -20.34%
2015 -8.300.000 -795.13%
2016 -73.249.000 88.67%
2017 -42.920.000 -70.66%
2018 -18.157.000 -136.38%
2019 384.376.000 104.72%
2020 -123.543.000 411.13%
2021 -266.544.000 53.65%
2022 130.874.000 303.66%
2023 69.427.000 -88.51%
2023 214.966.000 67.7%
2024 1.826.000 -11672.51%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Array Technologies, Inc. Operating Cashflow
Year Operating Cashflow Growth
2003 5.499.226.000
2004 5.499.226.000 0%
2005 -17.177.982.000 132.01%
2006 -24.296.686.000 29.3%
2007 -44.523.000 -54471.09%
2008 -45.736.000 2.65%
2009 -92.939.000 50.79%
2010 17.558.000 629.33%
2011 -65.940.000 126.63%
2012 -33.546.000 -96.57%
2013 -87.067.000 61.47%
2014 -71.682.000 -21.46%
2015 -5.793.000 -1137.39%
2016 -70.090.000 91.73%
2017 -39.400.000 -77.89%
2018 -11.727.000 -235.98%
2019 386.073.000 103.04%
2020 -122.205.000 415.92%
2021 -263.187.000 53.57%
2022 141.493.000 286.01%
2023 71.618.000 -97.57%
2023 231.955.000 69.12%
2024 3.957.000 -5761.89%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Array Technologies, Inc. Capital Expenditure
Year Capital Expenditure Growth
2003 3.627.018.000
2004 3.627.018.000 0%
2005 5.681.941.000 36.17%
2006 5.180.112.000 -9.69%
2007 7.148.000 -72369.39%
2008 -168.000 4354.76%
2009 0 0%
2010 0 0%
2011 0 0%
2012 1.437.000 100%
2013 2.340.000 38.59%
2014 2.614.000 10.48%
2015 2.507.000 -4.27%
2016 3.159.000 20.64%
2017 3.520.000 10.26%
2018 6.430.000 45.26%
2019 1.697.000 -278.9%
2020 1.338.000 -26.83%
2021 3.357.000 60.14%
2022 10.619.000 68.39%
2023 2.191.000 -384.66%
2023 16.989.000 87.1%
2024 2.131.000 -697.23%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Array Technologies, Inc. Equity
Year Equity Growth
2003 55.629.608.000
2004 55.629.608.000 0%
2005 99.415.346.000 44.04%
2006 68.640.562.000 -44.83%
2007 107.703.000 -63631.34%
2008 38.027.000 -183.23%
2009 -73.701.000 151.6%
2010 -116.678.000 36.83%
2011 -130.858.000 10.84%
2012 -85.806.000 -52.5%
2013 -21.909.000 -291.65%
2014 -25.721.000 14.82%
2015 42.653.000 160.3%
2016 -37.932.000 212.45%
2017 11.727.000 423.46%
2018 264.474.000 95.57%
2019 305.151.000 13.33%
2020 -80.899.000 477.2%
2021 168.257.000 148.08%
2022 423.851.000 60.3%
2023 610.508.000 30.57%
2023 616.394.000 0.95%
2024 578.475.000 -6.55%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Array Technologies, Inc. Assets
Year Assets Growth
2003 77.764.108.000
2004 77.764.108.000 0%
2005 127.951.650.000 39.22%
2006 102.172.627.000 -25.23%
2007 174.974.000 -58293.03%
2008 62.324.000 -180.75%
2009 50.138.000 -24.3%
2010 41.881.000 -19.72%
2011 18.812.000 -122.63%
2012 108.073.000 82.59%
2013 135.988.000 20.53%
2014 139.053.000 2.2%
2015 198.207.000 29.84%
2016 168.900.000 -17.35%
2017 279.145.000 39.49%
2018 509.861.000 45.25%
2019 923.581.000 44.8%
2020 656.024.000 -40.78%
2021 1.142.979.000 42.6%
2022 1.706.052.000 33%
2023 1.706.741.000 0.04%
2023 1.778.757.000 4.05%
2024 1.651.522.000 -7.7%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Array Technologies, Inc. Liabilities
Year Liabilities Growth
2003 77.764.108.000
2004 77.764.108.000 0%
2005 12.405.966.000 -526.83%
2006 33.532.065.000 63%
2007 67.271.000 -49746.24%
2008 90.643.000 25.78%
2009 118.461.000 23.48%
2010 197.926.000 40.15%
2011 150.424.000 -31.58%
2012 193.879.000 22.41%
2013 157.897.000 -22.79%
2014 164.774.000 4.17%
2015 155.554.000 -5.93%
2016 206.832.000 24.79%
2017 267.418.000 22.66%
2018 245.387.000 -8.98%
2019 618.430.000 60.32%
2020 736.923.000 16.08%
2021 974.722.000 24.4%
2022 1.282.201.000 23.98%
2023 1.096.233.000 -16.96%
2023 1.162.363.000 5.69%
2024 1.073.047.000 -8.32%

Array Technologies, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
7.25
Net Income per Share
0.49
Price to Earning Ratio
13.18x
Price To Sales Ratio
0.89x
POCF Ratio
4.5
PFCF Ratio
4.77
Price to Book Ratio
1.69
EV to Sales
1.25
EV Over EBITDA
7.99
EV to Operating CashFlow
6.34
EV to FreeCashFlow
6.72
Earnings Yield
0.08
FreeCashFlow Yield
0.21
Market Cap
0,98 Bil.
Enterprise Value
1,38 Bil.
Graham Number
6.47
Graham NetNet
-2.85

Income Statement Metrics

Net Income per Share
0.49
Income Quality
3.08
ROE
0.12
Return On Assets
-0.06
Return On Capital Employed
-0.05
Net Income per EBT
1.16
EBT Per Ebit
1.45
Ebit per Revenue
-0.05
Effective Tax Rate
-0.2

Margins

Sales, General, & Administrative to Revenue
0.14
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.01
Gross Profit Margin
0.28
Operating Profit Margin
-0.05
Pretax Profit Margin
-0.08
Net Profit Margin
-0.09

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
1.43
Free CashFlow per Share
1.35
Capex to Operating CashFlow
0.06
Capex to Revenue
0.01
Capex to Depreciation
0.24
Return on Invested Capital
0.07
Return on Tangible Assets
0.08
Days Sales Outstanding
121.81
Days Payables Outstanding
50.28
Days of Inventory on Hand
74.03
Receivables Turnover
3
Payables Turnover
7.26
Inventory Turnover
4.93
Capex per Share
0.08

Balance Sheet

Cash per Share
1,86
Book Value per Share
3,81
Tangible Book Value per Share
-0.87
Shareholders Equity per Share
3.81
Interest Debt per Share
4.74
Debt to Equity
1.18
Debt to Assets
0.41
Net Debt to EBITDA
2.31
Current Ratio
2.51
Tangible Asset Value
-0,13 Bil.
Net Current Asset Value
-0,22 Bil.
Invested Capital
1248127000
Working Capital
0,51 Bil.
Intangibles to Total Assets
0.43
Average Receivables
0,32 Bil.
Average Payables
0,10 Bil.
Average Inventory
172167000
Debt to Market Cap
0.7

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Array Technologies, Inc. Dividends
Year Dividends Growth

Array Technologies, Inc. Profile

About Array Technologies, Inc.

Array Technologies, Inc. manufactures and supplies solar tracking systems and related products in the United States and internationally. Its products include DuraTrack HZ v3, a single-axis solar tracking system; and SmarTrack, a machine learning software that is used to identify the optimal position for a solar array in real time to increase energy production. The company was founded in 1989 and is headquartered in Albuquerque, New Mexico.

CEO
Mr. Kevin G. Hostetler
Employee
961
Address
3901 Midway Place NE
Albuquerque, 87109

Array Technologies, Inc. Executives & BODs

Array Technologies, Inc. Executives & BODs
# Name Age
1 Mr. Terrance L. Collins
Chief Human Resources Officer
70
2 Mr. James Zhu
Chief Accounting Officer
70
3 Ms. Jessica Lawrence-Vaca
Chief Commercial Officer
70
4 Mr. Aaron Gabelnick
Chief Strategy & Technology Officer
70
5 Mr. Kevin G. Hostetler
Chief Executive Officer & Director
70
6 Mr. Neil Manning
Chief Operating Officer & President
70

Array Technologies, Inc. Competitors