Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Array Technologies's Enterprise Value is $2,497 Mil.
Array Technologies's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $219 Mil. Therefore, Array Technologies's EV-to-EBIT ratio for today is 11.42.
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 ratio for today is 9.13.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Array Technologies's Enterprise Value is $2,497 Mil.
Array Technologies's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $1,577 Mil. Therefore, Array Technologies's EV-to-Revenue ratio for today is 1.58.
Array Technologies Enterprise Value Historical Data
The historical data trend for Array Technologies's Enterprise Value 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 Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value Distribution
For the Semiconductors industry and Technology sector, Array Technologies's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Array Technologies's Enterprise Value falls into.
Array Technologies Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Array Technologies's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as
* 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 (NAS:ARRY) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Array Technologies's current Enterprise Value is $2,497 Mil.
Array Technologies's EBIT 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 $219 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
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.
Array Technologies's current Enterprise Value is $2,497 Mil.
Array Technologies's Revenue 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 $1,577 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 Enterprise Value Related Terms
Thank you for viewing the detailed overview of Array Technologies's Enterprise Value 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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