ARRAY TECHNOLOGIES, INC. Financials Array Technologies, Inc.
Equities
ARRY
US04271T1007
Renewable Energy Equipment & Services
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 12.76 USD | +2.00% |
|
-5.20% | -24.05% |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 5,479 | 2,119 | 2,909 | 2,540 | 1,937 | - | - |
| Enterprise Value (EV) 1 | 5,798 | 2,472 | 3,545 | 3,022 | 2,225 | 2,164 | 1,828 |
| P/E ratio | 88 x | -30.8 x | -66.7 x | 30 x | 19.4 x | 12.8 x | 13 x |
| Yield | - | - | - | - | - | - | - |
| Capitalization / Revenue | 6.28 x | 2.48 x | 1.78 x | 1.61 x | 1.44 x | 1.18 x | 1.09 x |
| EV / Revenue | 6.64 x | 2.9 x | 2.16 x | 1.92 x | 1.65 x | 1.32 x | 1.03 x |
| EV / EBITDA | 36.1 x | 57.2 x | 27.5 x | 10.5 x | 7.39 x | 5.85 x | 4.78 x |
| EV / FCF | -46.9 x | -9.27 x | 27.1 x | 14.1 x | 13.6 x | 9.69 x | 7.63 x |
| FCF Yield | -2.13% | -10.8% | 3.69% | 7.11% | 7.33% | 10.3% | 13.1% |
| Price to Book | -67.7 x | 12.1 x | 23.3 x | 9.8 x | 3.91 x | 3.06 x | 2.42 x |
| Nbr of stocks (in thousands) | 126,994 | 135,027 | 150,491 | 151,216 | 151,769 | - | - |
| Reference price 2 | 43.14 | 15.69 | 19.33 | 16.80 | 12.76 | 12.76 | 12.76 |
| Announcement Date | 3/9/21 | 4/5/22 | 3/21/23 | 2/27/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 647.9 | 872.7 | 853.3 | 1,638 | 1,577 | 1,347 | 1,637 | 1,777 |
| EBITDA 1 | - | 160.5 | 43.22 | 128.7 | 288.1 | 301 | 369.8 | 382.9 |
| EBIT 1 | - | 133.1 | -24.74 | -18.13 | 214.1 | 234.6 | 272.9 | 293 |
| Operating Margin | - | 15.25% | -2.9% | -1.11% | 13.58% | 17.42% | 16.67% | 16.49% |
| Earnings before Tax (EBT) 1 | - | 77.78 | -61.12 | -4.952 | 177.2 | 193.7 | 237.4 | 242.6 |
| Net income 1 | 39.74 | 59.07 | -66.12 | -43.62 | 85.55 | 106.3 | 150.5 | 135.7 |
| Net margin | 6.13% | 6.77% | -7.75% | -2.66% | 5.43% | 7.89% | 9.2% | 7.64% |
| EPS 2 | - | 0.4900 | -0.5100 | -0.2900 | 0.5600 | 0.6587 | 0.9961 | 0.9820 |
| Free Cash Flow 1 | - | -123.5 | -266.5 | 130.9 | 215 | 163.1 | 223.2 | 239.7 |
| FCF margin | - | -14.16% | -31.24% | 7.99% | 13.64% | 12.11% | 13.64% | 13.49% |
| FCF Conversion (EBITDA) | - | - | - | 101.66% | 74.61% | 54.18% | 60.36% | 62.6% |
| FCF Conversion (Net income) | - | - | - | - | 251.28% | 153.45% | 148.28% | 176.66% |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 10/8/20 | 3/9/21 | 4/5/22 | 3/21/23 | 2/27/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 219.9 | 300.6 | 424.9 | 515 | 402.1 | 376.8 | 507.7 | 350.4 | 341.6 | 153.4 | 229.8 | 424.3 | 514.6 | 295.3 | 394.7 |
| EBITDA 1 | 0.453 | 0.737 | 25.94 | 55.42 | 51.7 | 66.97 | 115.6 | 57.39 | 48.18 | 26.25 | 49.14 | 99.03 | 123.9 | 57.72 | 87.76 |
| EBIT 1 | -20.01 | -32.16 | -6.844 | 18.52 | 16.35 | 47.46 | 96.24 | 40.2 | 30.22 | 8.414 | 23.92 | 85.46 | 115.4 | 20.88 | 31.79 |
| Operating Margin | -9.1% | -10.7% | -1.61% | 3.6% | 4.07% | 12.6% | 18.96% | 11.47% | 8.85% | 5.48% | 10.41% | 20.14% | 22.44% | 7.07% | 8.05% |
| Earnings before Tax (EBT) 1 | -27.13 | -34.5 | -16.97 | 51.97 | 8.548 | 36.01 | 87.21 | 30.44 | 22.36 | 3.469 | 16.01 | 75.57 | 107.2 | 9.965 | 26.81 |
| Net income 1 | -32.14 | -33.66 | -14.96 | 28.56 | -17.26 | 13.65 | 52.02 | 10.12 | 6.01 | -11.34 | 10.55 | 43.32 | 62.1 | 4.542 | 13.11 |
| Net margin | -14.62% | -11.2% | -3.52% | 5.55% | -4.29% | 3.62% | 10.25% | 2.89% | 1.76% | -7.39% | 4.59% | 10.21% | 12.07% | 1.54% | 3.32% |
| EPS 2 | -0.2500 | -0.2300 | -0.1000 | 0.1900 | -0.1100 | 0.0900 | 0.3400 | 0.0700 | 0.0400 | -0.0700 | 0.0572 | 0.2948 | 0.3937 | 0.0584 | 0.1964 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 4/5/22 | 5/10/22 | 8/9/22 | 11/8/22 | 3/21/23 | 5/9/23 | 8/8/23 | 11/7/23 | 2/27/24 | 5/9/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | 320 | 354 | 636 | 481 | 289 | 228 | - |
| Net Cash position 1 | - | - | - | - | - | - | - | 108 |
| Leverage (Debt/EBITDA) | - | 1.992 x | 8.182 x | 4.938 x | 1.671 x | 0.9592 x | 0.6154 x | - |
| Free Cash Flow 1 | - | -124 | -267 | 131 | 215 | 163 | 223 | 240 |
| ROE (net income / shareholders' equity) | - | 100% | 20% | 208% | 89.3% | 45.9% | 37.5% | 35.5% |
| ROA (Net income/ Total Assets) | - | 14.2% | 0.97% | 4.02% | 10% | 6.83% | 13.7% | - |
| Assets 1 | - | 415.1 | -6,812 | -1,085 | 852.4 | 1,556 | 1,100 | - |
| Book Value Per Share 2 | - | -0.6400 | 1.290 | 0.8300 | 1.710 | 3.260 | 4.170 | 5.270 |
| Cash Flow per Share 2 | - | -1.010 | -2.020 | 0.9400 | 1.530 | 1.170 | 1.930 | 1.330 |
| Capex 1 | - | 1.34 | 3.36 | 10.6 | 17 | 24.9 | 26.5 | 25.4 |
| Capex / Sales | - | 0.15% | 0.39% | 0.65% | 1.08% | 1.85% | 1.62% | 1.43% |
| Announcement Date | 10/8/20 | 3/9/21 | 4/5/22 | 3/21/23 | 2/27/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
D+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
28
Last Close Price
12.76
USD
Average target price
19.91
USD
Spread / Average Target
+56.01%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -24.05% | 1.94B | |
| +21.82% | 21.69B | |
| +102.33% | 20.45B | |
| -24.57% | 6.45B | |
| -15.07% | 3.19B | |
| -20.66% | 2.48B | |
| -19.64% | 1.23B | |
| +2.71% | 1.07B | |
| -9.17% | 919M | |
| +83.91% | 902M |
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- Financials Array Technologies, Inc.
