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Array TechnologiesARRY -4.14%70 EV-to-OCF is 10.82 as of Aug. 11, 2026, which is 11% below its 10-year median of 12.11. 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 1,030 Semiconductors companies, Array Technologies ranks better than 55.15% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Array Technologies's Enterprise Value is $1,762 Mil.
Array Technologies's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $163 Mil. Therefore, Array Technologies's EV-to-OCF for today is 10.82.
The historical rank and industry rank for Array Technologies's EV-to-OCF or its related term are showing as below:
ARRY'
s EV-to-OCF Range Over the Past 10 Years
Min: -352.19 Med: 12.11 Max: 116.08
Current: 10.82
During the past 8 years, the highest EV-to-OCF of Array Technologies was 116.08. The lowest was -352.19. And the median was 12.11.
ARRY's EV-to-OCF is ranked better than 55.15% of 1030
companies
in the Semiconductors industry
Industry Median: 13.865
vs ARRY: 10.82
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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:
Array Technologies's share price for today is $5.31.
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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Array Technologies EV-to-OCF Related Terms
Array Technologies EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Array Technologies's EV-to-OCF 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.
For the Solar subindustry, Array Technologies's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Array Technologies's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Array Technologies's EV-to-OCF falls into.
Array Technologies's current Enterprise Value is $1,762 Mil.
Array Technologies's Cash Flow from Operations 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 $163 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.
Array Technologies (ARRY) has a EV-to-OCF of 10.82 as of Aug. 11, 2026. This is 11% below median its historical median of 12.11. According to the industry distribution chart, Array Technologies ranks #462 out of 1030 companies in the Semiconductors industry, placing it in the top 44.9%.
Is Array Technologies' EV-to-OCF too high?
Array Technologies' current EV-to-OCF of 10.82 is 11% below median its 10-year median of 12.11. The Semiconductors industry median EV-to-OCF is 13.87. Array Technologies' value of 10.82 is 22% below this industry median. Based on the distribution chart, Array Technologies ranks #462 out of 1030 companies in the Semiconductors industry, which is above the industry midpoint. 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-OCF compare to JKS and CSIQ?
According to the Semiconductors industry distribution chart, Array Technologies ranks #462 out of 1030 companies for EV-to-OCF. This puts Array Technologies in the upper half of its industry. The industry median EV-to-OCF is 13.87. Array Technologies' value of 10.82 is 22% below this benchmark. While the company's 10-year median is 12.11 vs. the industry median of 13.87, Array Technologies has consistently been below 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-OCF for a Semiconductors company?
The median EV-to-OCF among Semiconductors companies is 13.87, based on 1,030 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Array Technologies's current EV-to-OCF of 10.82 is 22% below 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Semiconductors industry, the median EV-to-OCF is 13.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Array Technologies's current EV-to-OCF is 10.82, which is 11% below median its own 10-year median of 12.11. 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 39.2% below its estimated fair value. The current EV-to-OCF is 10.82, which is 11% below median its 10-year median of 12.11 and 22% below the Semiconductors industry median of 13.87. 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Array Technologies (ARRY), the current EV-to-OCF is 10.82 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 39.2% below its estimated GF Value™ of $8.74.
GuruFocus considers Array Technologies to be Possible Value Trap.
Key valuation signals for ARRY:
EV-to-OCF: 10.82 (11% below median its 10-year median of 12.11)
GF Value™: $8.74 vs. price of $5.31 (39.2% below fair value)
Industry Position: 22% below the Semiconductors median (#462 of 1030)
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 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
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