Array Technologies (FRA:9AY) Moat Score: 5/10 (As of Jul. 13, 2026)


FRA:9AY Array Technologies Inc FRA:9AY
67 GF Score
Price €5.58
GF Value €8.39
Valuation Possible Value Trap
! 3 Warning Signs
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What is Array Technologies Moat Score?

Array Technologies FRA:9AY +1.82% 67 Moat Score is 5 as of Jul. 13, 2026. GuruFocus rates FRA:9AY with a GF Score™ of 67/100 and a GF Value™ of €8.39 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 998 Semiconductors companies, Array Technologies ranks better than 93.39% on this metric.

Array Technologies has the Moat Score of 5, which implies that the company might have Narrow Moat - Solid narrow moat.

Array Technologies has Narrow Moat: Array Technologies benefits from a solid market position in solar tracking systems with some cost advantages and customer loyalty. However, the competitive landscape and lack of significant regulatory barriers limit its moat to narrow.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Array Technologies might have Narrow Moat - Solid narrow moat.

Array Technologies  (FRA:9AY) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Array Technologies Moat Score Related Terms

FRA:9AY vs CSIQ, JKS, SHLS: Moat Score Comparison

For the Solar subindustry, Array Technologies's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Array Technologies's Moat Score distribution charts can be found below:

* The bar in red indicates where Array Technologies's Moat Score falls into.


FRA:9AY
67GF Score
Array Technologies Inc FRA:9AY
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 5 mean?
Array Technologies (FRA:9AY) has a Moat Score of 5 as of Jul. 13, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Array Technologies ranks #66 out of 998 companies in the Semiconductors industry, placing it in the top 6.6%.
Is Array Technologies' Moat Score too high?
Array Technologies' current Moat Score is 5. Based on the distribution chart, Array Technologies ranks #66 out of 998 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Array Technologies has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Array Technologies' Moat Score compare to CSIQ and JKS?
According to the Semiconductors industry distribution chart, Array Technologies ranks #66 out of 998 companies for Moat Score. This places Array Technologies in the top 7% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Semiconductors company?
A good Moat Score depends on the Semiconductors industry context. However, Moat Score 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 Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Array Technologies's current Moat Score is 5. 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 (FRA:9AY) is currently considered Possible Value Trap. The stock's GF Value™ is €8.39, compared to a current price of €5.58 — trading 33.5% below its estimated fair value. The current Moat Score is 5. Array Technologies' overall GF Score™ is 67/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Array Technologies (FRA:9AY), the current Moat Score is 5 as of Jul. 13, 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 (FRA:9AY) Overvalued in 2026?

Based on GuruFocus' analysis, Array Technologies stock appears to be undervalued. The current stock price of €5.58 is trading 33.5% below its estimated GF Value™ of €8.39. GuruFocus considers Array Technologies to be Possible Value Trap.

Key valuation signals for FRA:9AY:

  • Moat Score: 5
  • GF Value™: €8.39 vs. price of €5.58 (33.5% below fair value)
  • GF Score™: 67/100 with 3 warning signs

No single metric tells the full story. See the FRA:9AY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Array Technologies Business Description

Other Exchanges ARRY:USA9AY: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.
67GF Score

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

€5.58
Price
€8.39
GF Value