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Array Technologies Inc
NASDAQ:ARRY

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Array Technologies Inc
NASDAQ:ARRY
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Price: 7.48 USD -5.67% Market Closed
Market Cap: $1.1B

EV/GP

4.9
Current
14%
Cheaper
vs 3-y average of 5.7

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
4.9
=
Enterprise Value
$1.5B
/
Gross Profit
$328.1m

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
4.9
=
Enterprise Value
$1.5B
/
Gross Profit
$328.1m

Valuation Scenarios

Array Technologies Inc is trading below its 3-year average

If EV/GP returns to its 3-Year Average (5.7), the stock would be worth $8.72 (17% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+76%
Average Upside
49%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 4.9 $7.48
0%
3-Year Average 5.7 $8.72
+17%
5-Year Average 8.3 $12.73
+70%
Industry Average 8.6 $13.19
+76%
Country Average 6.5 $9.98
+33%

Forward EV/GP
Today’s price vs future gross profit

Not enough data available to calculate forward EV/GP

Peer Comparison

All Multiples
EV/GP
P/E
All Countries
Close
Market Cap EV/GP P/E
US
Array Technologies Inc
NASDAQ:ARRY
1.1B USD 4.9 -10.2
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
2T CNY 14.9 26
FR
Schneider Electric SE
PAR:SU
152.7B EUR 9.6 35.8
CH
Abb Ltd
SIX:ABBN
139.2B CHF 13 36.1
IE
Eaton Corporation PLC
NYSE:ETN
159.3B USD 16.2 39
US
Vertiv Holdings Co
NYSE:VRT
117.6B USD 29.3 75.4
US
Emerson Electric Co
NYSE:EMR
76.7B USD 8.6 33.2
KR
LG Energy Solution Ltd
KRX:373220
110.7T KRW 28.8 -100
JP
Fujikura Ltd
TSE:5803
9.9T JPY 32.5 68.7
US
AMETEK Inc
NYSE:AME
52.2B USD 19.6 35.3
FR
Legrand SA
PAR:LR
39.1B EUR 8.9 31.4
P/E Multiple
Earnings Growth PEG
US
Array Technologies Inc
NASDAQ:ARRY
Average P/E: 42.3
Negative Multiple: -10.2
N/A N/A
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
26
22%
1.2
FR
Schneider Electric SE
PAR:SU
35.8
23%
1.6
CH
Abb Ltd
SIX:ABBN
36.1
13%
2.8
IE
Eaton Corporation PLC
NYSE:ETN
39
19%
2.1
US
Vertiv Holdings Co
NYSE:VRT
75.4
43%
1.8
US
Emerson Electric Co
NYSE:EMR
33.2
25%
1.3
KR
LG Energy Solution Ltd
KRX:373220
Negative Multiple: -100 N/A N/A
JP
Fujikura Ltd
TSE:5803
68.7
44%
1.6
US
AMETEK Inc
NYSE:AME
35.3
14%
2.5
FR
Legrand SA
PAR:LR
31.4
14%
2.2

Market Distribution

In line with most companies in the United States of America
Percentile
36th
Based on 9 428 companies
36th percentile
4.9
Low
0 — 4.2
Typical Range
4.2 — 10.6
High
10.6 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 4.2
Median 6.5
70th Percentile 10.6
Max 1 764 211.7

Array Technologies Inc
Glance View

Array Technologies, Inc. manufactures ground-mounting systems used in solar energy projects. The company is headquartered in Albuquerque, New Mexico and currently employs 471 full-time employees. The company went IPO on 2020-10-15. The firm's principal product is an integrated system of steel supports, electric motors, gearboxes, and electronic controllers referred to as a single-axis tracker. Its trackers use a design that allows one motor to drive multiple rows of solar panels through articulated driveline joints. The firm sells its products to engineering, procurement and construction firms (EPCs) that build solar energy projects and to solar developers, independent power producers and utilities. Its DuraTrack HZ v3 is a single axis tracker and incorporates features, such as single bolt per module mounting system. The firm's SmarTrack software uses site-specific historical weather and energy production data, in combination with machine learning algorithms, to identify the position for a solar array in real time to enhance its energy production.

ARRY Intrinsic Value
12.7 USD
Undervaluation 41%
Intrinsic Value
Price $7.48
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