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Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Array Technologies's share price for the quarter that ended in Mar. 2026 was €6.201. Array Technologies's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 154 Mil. Therefore, Array Technologies's market cap for the quarter that ended in Mar. 2026 was €953 Mil.
Array Technologies's quarterly market cap
increased
from Sep. 2025 (€1,085 Mil) to Dec. 2025 (€1,279 Mil) but then
declined
from Dec. 2025 (€1,279 Mil) to Mar. 2026 (€953 Mil).
Array Technologies's annual market cap
declined
from Dec. 2023 (€2,325 Mil) to Dec. 2024 (€862 Mil) but then
increased
from Dec. 2024 (€862 Mil) to Dec. 2025 (€1,279 Mil).
Enterprise Value is 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 and cash equivalents. Array Technologies's Enterprise Value for Today is €1,604 Mil.
Array Technologies (STU:9AY) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Array Technologies Market Cap Related Terms
Array Technologies Market Cap Historical Data
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The historical data trend for Array Technologies's Market Cap 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 Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Array Technologies's Market Cap distribution charts can be found below:
* The bar in red indicates where Array Technologies's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Array Technologies's Market Cap for the fiscal year that ended in Dec. 2025 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 (STU:9AY) has a Market Cap of €697 Mil as of Aug. 02, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Array Technologies and its competitors. According to the industry distribution chart, Array Technologies ranks #427 out of 1033 companies in the Semiconductors industry, placing it in the top 41.3%.
Is Array Technologies' Market Cap too high?
Array Technologies' current Market Cap is €697 Mil. Based on the distribution chart, Array Technologies ranks #427 out of 1033 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Array Technologies has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Array Technologies' Market Cap compare to JKS and CSIQ?
According to the Semiconductors industry distribution chart, Array Technologies ranks #427 out of 1033 companies for Market Cap. This puts Array Technologies in the upper half of its industry. The industry median Market Cap is 444.21. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Semiconductors company?
The median Market Cap among Semiconductors companies is 444.21, based on 1,033 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Array Technologies and its competitors. For the Semiconductors industry, the median Market Cap is 444.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Array Technologies's current Market Cap is €697 Mil. 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 (STU:9AY) is currently considered Possible Value Trap. The stock's GF Value™ is €8.44, compared to a current price of €4.53 — trading 46.3% below its estimated fair value. The current Market Cap is €697 Mil. Array Technologies' overall GF Score™ is 65/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Array Technologies (STU:9AY), the current Market Cap is €697 Mil as of Aug. 02, 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 (STU:9AY) Overvalued in 2026?
Based on GuruFocus' analysis, Array Technologies stock appears to be undervalued.
The current stock price of €4.53 is trading 46.3% below its estimated GF Value™ of €8.44.
GuruFocus considers Array Technologies to be Possible Value Trap.
Key valuation signals for STU:9AY:
Market Cap: €697 Mil
GF Value™: €8.44 vs. price of €4.53 (46.3% below fair value)
No single metric tells the full story. See the STU:9AY 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.
65GF Score
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