ARRY (Array Technologies) EV-to-EBITDA: 242.86 (As of Aug. 11, 2026) — 724% Above Median

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ARRY Array Technologies Inc ARRY
70 GF Score
Price $5.31
GF Value $8.74
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Array Technologies EV-to-EBITDA?

Array Technologies ARRY -0.09% 70 EV-to-EBITDA is 242.86 as of Aug. 11, 2026, which is 724% above its 10-year median of 29.46. GuruFocus rates ARRY with a GF Score™ of 70/100 and a GF Value™ of $8.74 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 759 Semiconductors companies, Array Technologies ranks worse than 95.52% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Array Technologies's enterprise value is $1,761 Mil. Array Technologies's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $7 Mil. Therefore, Array Technologies's EV-to-EBITDA for today is 242.86.

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: 29.46   Max: 5322.33
Current: 242.86

During the past 8 years, the highest EV-to-EBITDA of Array Technologies was 5322.33. The lowest was -173.62. And the median was 29.46.

ARRY's EV-to-EBITDA is ranked worse than
95.52% of 759 companies
in the Semiconductors industry
Industry Median: 25.68 vs ARRY: 242.86

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 (2026-08-11), Array Technologies's stock price is $5.305. Array Technologies's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $-0.980. Therefore, Array Technologies's PE Ratio (TTM) for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Array Technologies  (NAS:ARRY) EV-to-EBITDA Explanation

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 (TTM) to determine the fair market value of a company.

Array Technologies's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=5.305/-0.980
=At Loss

Array Technologies's share price for today is $5.305.
Array Technologies's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.980.

* 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 (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Array Technologies EV-to-EBITDA Related Terms


Array Technologies EV-to-EBITDA Historical Data

* Premium members only.

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.

Array Technologies EV-to-EBITDA Chart

Array Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial 5,323.44 28.95 12.21 -10.18 52.80

Array Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12.94 44.09 52.80 72.92 289.29

ARRY vs JKS, CSIQ, TOYO: EV-to-EBITDA 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 vs Semiconductors Industry

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.


ARRY
70GF Score
Array Technologies Inc ARRY
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Array Technologies EV-to-EBITDA Calculation

Array Technologies's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1760.769/7.25
=242.86

Array Technologies's current Enterprise Value is $1,761 Mil.
Array Technologies's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $7 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 242.86 mean?
Array Technologies (ARRY) has a EV-to-EBITDA of 242.86 as of Aug. 11, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Array Technologies. This is 724% above median its historical median of 29.46. According to the industry distribution chart, Array Technologies ranks #725 out of 759 companies in the Semiconductors industry, placing it in the top 95.5%.
Is Array Technologies' EV-to-EBITDA too high?
Array Technologies' current EV-to-EBITDA of 242.86 is 724% above median its 10-year median of 29.46. The Semiconductors industry median EV-to-EBITDA is 25.68. Array Technologies' value of 242.86 is 845.7% above this industry median. Based on the distribution chart, Array Technologies ranks #725 out of 759 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Array Technologies has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Array Technologies' EV-to-EBITDA compare to JKS and CSIQ?
According to the Semiconductors industry distribution chart, Array Technologies ranks #725 out of 759 companies for EV-to-EBITDA. This places Array Technologies in the lower half of its industry. The industry median EV-to-EBITDA is 25.68. Array Technologies' value of 242.86 is 845.7% above this benchmark. While the company's 10-year median is 29.46 vs. the industry median of 25.68, Array Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Semiconductors company?
The median EV-to-EBITDA among Semiconductors companies is 25.68, based on 759 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Array Technologies's current EV-to-EBITDA of 242.86 is 845.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Array Technologies. For the Semiconductors industry, the median EV-to-EBITDA is 25.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Array Technologies's current EV-to-EBITDA is 242.86, which is 724% above median its own 10-year median of 29.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Array Technologies stock overvalued right now?
Based on GuruFocus' analysis, Array Technologies (ARRY) is currently considered Possible Value Trap. The stock's GF Value™ is $8.74, compared to a current price of $5.31 — trading 39.3% below its estimated fair value. The current EV-to-EBITDA is 242.86, which is 724% above median its 10-year median of 29.46 and 845.7% above the Semiconductors industry median of 25.68. Array Technologies' overall GF Score™ is 70/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Array Technologies (ARRY), the current EV-to-EBITDA is 242.86 as of Aug. 11, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Array Technologies (ARRY) Overvalued in 2026?

Based on GuruFocus' analysis, Array Technologies stock appears to be undervalued. The current stock price of $5.31 is trading 39.3% below its estimated GF Value™ of $8.74. GuruFocus considers Array Technologies to be Possible Value Trap.

Key valuation signals for ARRY:

  • EV-to-EBITDA: 242.86 (724% above median its 10-year median of 29.46)
  • GF Value™: $8.74 vs. price of $5.31 (39.3% below fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 845.7% above the Semiconductors median (#725 of 759)

No single metric tells the full story. See the ARRY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Array Technologies Business Description

Other Exchanges 9AY:Germany
Address 3901 Midway Place NE, Albuquerque, NM, USA, 87109
Array Technologies Inc manufacturer of ground-mounting systems used in solar energy projects. The company's segments include: the Array legacy operating segment (Array Legacy Operations) and the STI Operations operating segment (STI Operations). It derives maximum revenue from the Array legacy operating segment. Its product is an integrated system of steel supports, electric motors, gearboxes, and electronic controllers referred to as a single-axis tracker that moves solar panels throughout the day to maintain an optimal orientation to the sun, which increases their energy production. Geographically, the company's operations are in the United States, Australia, Spain, Brazil, and the rest of the world, with the United States deriving the majority of the revenue.
70GF Score

Get the complete analysis for ARRY

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.31
Price
$8.74
GF Value