EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Array Technologies's enterprise value is $2,497 Mil.
Array Technologies's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $274 Mil. Therefore, Array Technologies's EV-to-EBITDA for today is 9.13.
The historical rank and industry rank for Array Technologies's EV-to-EBITDA or its related term are showing as below:
ARRY'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -173.62 Med: 29.69 Max: 5322.33
Current: 9.16
During the past 6 years, the highest EV-to-EBITDA of Array Technologies was 5322.33. The lowest was -173.62. And the median was 29.69.
ARRY's EV-to-EBITDA is ranked better than 75.13% of 744
companies
in the Semiconductors industry
Industry Median: 18.715
vs ARRY: 9.16
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2024-04-19), Array Technologies's stock price is $11.27.
Array Technologies's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.540. Therefore, Array Technologies's PE Ratio for today is 20.87.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.
Array Technologies EV-to-EBITDA Historical Data
The historical data trend for Array Technologies's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Array Technologies Annual Data
Trend
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
EV-to-EBITDA
-
48.17
5,323.44
28.95
12.21
Array Technologies Quarterly Data
Dec18
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
EV-to-EBITDA
28.95
20.72
14.28
15.32
12.21
Competitive Comparison
For the Solar subindustry, Array Technologies's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Array Technologies EV-to-EBITDA Distribution
For the Semiconductors industry and Technology sector, Array Technologies's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Array Technologies's EV-to-EBITDA falls into.
Array Technologies EV-to-EBITDA Calculation
Array Technologies's EV-to-EBITDA for today is calculated as:
Array Technologies's current Enterprise Value is $2,497 Mil.
Array Technologies's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $274 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Array Technologies's PE Ratio for today is calculated as:
Array Technologies's share price for today is $11.27.
Array Technologies's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.540.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.
Thank you for viewing the detailed overview of Array Technologies's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.
Array Technologies (Array Technologies) Business Description
Array Technologies Inc manufacturer of ground-mounting systems used in solar energy projects. The company's product is an integrated system of steel supports, electric motors, gearboxes and electronic controllers referred to as a single-axis tracker that move solar panels throughout the day to maintain an optimal orientation to the sun, which increases their energy production. Its operations are in the United States, Australia, Spain, Brazil and Rest of the World with the United States deriving the majority of the revenue.
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