$8.75
-5.1%Array Technologies, Inc. manufactures and supplies solar tracking systems and related products in the United States and internationally. Its products include DuraTrack HZ v3, a single-axis solar tracking system; and SmarTrack, a machine learning software that is used to identify the optimal position for a solar array in real time to increase energy production. The company was founded in 1989 and is headquartered in Albuquerque, New Mexico.
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
Base year metrics used for projections
Forecast period and terminal assumptions
Calculation flow from present value to intrinsic value per share
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $55.4M | $30.1M | $16.4M | $8.9M | $4.9M | $2.6M | $1.4M | $782.4K | $425.7K | $231.7K |
| Maintenance CapEx | -$2.4M | -$1.3M | -$708.0K | -$385.3K | -$209.6K | -$114.1K | -$62.1K | -$33.8K | -$18.4K | -$10.0K |
| Owner Earnings | $53.0M | $28.8M | $15.7M | $8.5M | $4.6M | $2.5M | $1.4M | $748.6K | $407.4K | $221.7K |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $49.1M | $24.7M | $12.5M | $6.3M | $3.2M | $1.6M | $802.7K | $404.5K | $203.8K | $102.7K |
Continue your ARRY research with focused valuation guides.
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.