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Array Technologies Inc
NASDAQ:ARRY

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Array Technologies Inc
NASDAQ:ARRY
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Price: 8.11 USD Market Closed
Market Cap: $1.2B

P/OCF

12.2
Current
18%
More Expensive
vs 3-y average of 10.3

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
12.2
=
Market Cap
$1.1B
/
Operating Cash Flow
$101.8m

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
12.2
=
Market Cap
$1.1B
/
Operating Cash Flow
$101.8m

Valuation Scenarios

Array Technologies Inc is trading above its 3-year average

If P/OCF returns to its 3-Year Average (10.3), the stock would be worth $6.87 (15% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-41%
Maximum Upside
+99%
Average Upside
13%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 12.2 $8.11
0%
3-Year Average 10.3 $6.87
-15%
5-Year Average 7.2 $4.82
-41%
Industry Average 24.2 $16.1
+99%
Country Average 13.3 $8.89
+10%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
US
Array Technologies Inc
NASDAQ:ARRY
1.2B USD 12.2 -11.1
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
2T CNY 15.6 26.4
FR
Schneider Electric SE
PAR:SU
155.2B EUR 25.3 37.3
CH
Abb Ltd
SIX:ABBN
141.8B CHF 31.1 36.4
IE
Eaton Corporation PLC
NYSE:ETN
164.4B USD 36.8 40.2
US
Vertiv Holdings Co
NYSE:VRT
124.2B USD 48.2 79.7
US
Emerson Electric Co
NYSE:EMR
79.4B USD 26.3 34.4
KR
LG Energy Solution Ltd
KRX:373220
112.6T KRW 25.4 -104.9
JP
Fujikura Ltd
TSE:5803
10T JPY 103.1 69.4
US
AMETEK Inc
NYSE:AME
53.4B USD 29.6 36
FR
Legrand SA
PAR:LR
39.9B EUR 25.3 32.1
P/E Multiple
Earnings Growth PEG
US
Array Technologies Inc
NASDAQ:ARRY
Average P/E: 43.5
Negative Multiple: -11.1
N/A N/A
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
26.4
22%
1.2
FR
Schneider Electric SE
PAR:SU
37.3
23%
1.6
CH
Abb Ltd
SIX:ABBN
36.4
13%
2.8
IE
Eaton Corporation PLC
NYSE:ETN
40.2
19%
2.1
US
Vertiv Holdings Co
NYSE:VRT
79.7
43%
1.9
US
Emerson Electric Co
NYSE:EMR
34.4
25%
1.4
KR
LG Energy Solution Ltd
KRX:373220
Negative Multiple: -104.9 N/A N/A
JP
Fujikura Ltd
TSE:5803
69.4
44%
1.6
US
AMETEK Inc
NYSE:AME
36
14%
2.6
FR
Legrand SA
PAR:LR
32.1
14%
2.3

Market Distribution

In line with most companies in the United States of America
Percentile
45th
Based on 9 488 companies
45th percentile
12.2
Low
0 — 8.8
Typical Range
8.8 — 20.1
High
20.1 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 8.8
Median 13.3
70th Percentile 20.1
Max 3 188 432.5

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 36%
Intrinsic Value
Price $8.11
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