Array Technologiesinc Stock Gross Profit
| ARRY Stock | USD 13.59 0.80 6.25% |
Array TechnologiesInc fundamentals help investors to digest information that contributes to Array TechnologiesInc's financial success or failures. It also enables traders to predict the movement of Array Stock. The fundamental analysis module provides a way to measure Array TechnologiesInc's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Array TechnologiesInc stock.
| Last Reported | Projected for Next Year | ||
| Gross Profit | 376.6 M | 357.8 M | |
| Gross Profit Margin | 0.24 | 0.13 |
Array | Gross Profit |
Array TechnologiesInc Company Gross Profit Analysis
Array TechnologiesInc's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Current Array TechnologiesInc Gross Profit | 227.28 M |
Most of Array TechnologiesInc's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Array TechnologiesInc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Array Gross Profit Driver Correlations
Understanding the fundamental principles of building solid financial models for Array TechnologiesInc is extremely important. It helps to project a fair market value of Array Stock properly, considering its historical fundamentals such as Gross Profit. Since Array TechnologiesInc's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Array TechnologiesInc's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Array TechnologiesInc's interrelated accounts and indicators.
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Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
| Competition |
According to the company disclosure, Array TechnologiesInc reported 227.28 M of gross profit. This is 99.77% lower than that of the Electrical Equipment sector and 48.67% lower than that of the Industrials industry. The gross profit for all United States stocks is 99.17% higher than that of the company.
Array Gross Profit Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Array TechnologiesInc's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Array TechnologiesInc could also be used in its relative valuation, which is a method of valuing Array TechnologiesInc by comparing valuation metrics of similar companies.Array TechnologiesInc is currently under evaluation in gross profit category among related companies.
Array TechnologiesInc ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Array TechnologiesInc's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Array TechnologiesInc's managers, analysts, and investors.Environmental | Governance | Social |
Array Fundamentals
| Return On Equity | 0.2 | ||||
| Return On Asset | 0.0628 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 2.84 B | ||||
| Shares Outstanding | 151.77 M | ||||
| Shares Owned By Insiders | 0.41 % | ||||
| Shares Owned By Institutions | 99.59 % | ||||
| Number Of Shares Shorted | 27.39 M | ||||
| Price To Earning | 41.98 X | ||||
| Price To Book | 7.57 X | ||||
| Price To Sales | 1.25 X | ||||
| Revenue | 1.58 B | ||||
| Gross Profit | 227.28 M | ||||
| EBITDA | 271.91 M | ||||
| Net Income | 137.24 M | ||||
| Cash And Equivalents | 62.78 M | ||||
| Cash Per Share | 0.42 X | ||||
| Total Debt | 707.64 M | ||||
| Debt To Equity | 2.25 % | ||||
| Current Ratio | 1.70 X | ||||
| Book Value Per Share | 1.52 X | ||||
| Cash Flow From Operations | 231.96 M | ||||
| Short Ratio | 5.10 X | ||||
| Earnings Per Share | 0.38 X | ||||
| Price To Earnings To Growth | 1.93 X | ||||
| Target Price | 19.5 | ||||
| Number Of Employees | 975 | ||||
| Beta | 1.69 | ||||
| Market Capitalization | 2.06 B | ||||
| Total Asset | 1.71 B | ||||
| Retained Earnings | (130.23 M) | ||||
| Working Capital | 496.59 M | ||||
| Current Asset | 158.02 M | ||||
| Current Liabilities | 64.21 M | ||||
| Net Asset | 1.71 B |
About Array TechnologiesInc Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Array TechnologiesInc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Array TechnologiesInc using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Array TechnologiesInc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out Array TechnologiesInc Piotroski F Score and Array TechnologiesInc Altman Z Score analysis. For more information on how to buy Array Stock please use our How to Invest in Array TechnologiesInc guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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When running Array TechnologiesInc's price analysis, check to measure Array TechnologiesInc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Array TechnologiesInc is operating at the current time. Most of Array TechnologiesInc's value examination focuses on studying past and present price action to predict the probability of Array TechnologiesInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Array TechnologiesInc's price. Additionally, you may evaluate how the addition of Array TechnologiesInc to your portfolios can decrease your overall portfolio volatility.
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Is Array TechnologiesInc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Array TechnologiesInc. If investors know Array will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Array TechnologiesInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.65) | Earnings Share 0.38 | Revenue Per Share 8.954 | Quarterly Revenue Growth (0.59) | Return On Assets 0.0628 |
The market value of Array TechnologiesInc is measured differently than its book value, which is the value of Array that is recorded on the company's balance sheet. Investors also form their own opinion of Array TechnologiesInc's value that differs from its market value or its book value, called intrinsic value, which is Array TechnologiesInc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Array TechnologiesInc's market value can be influenced by many factors that don't directly affect Array TechnologiesInc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Array TechnologiesInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Array TechnologiesInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Array TechnologiesInc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.