WallStSmart

Array Technologies Inc (ARRY)vsSunrun Inc (RUN)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Sunrun Inc generates 163% more annual revenue ($3.17B vs $1.21B). RUN leads profitability with a 17.9% profit margin vs -5.6%. ARRY appears more attractively valued with a PEG of 1.05. RUN earns a higher WallStSmart Score of 68/100 (B-).

ARRY

Hold

43

out of 100

Grade: D

Growth: 4.7Profit: 3.5Value: 5.0Quality: 5.0
Piotroski: 4/9Altman Z: 1.01

RUN

Strong Buy

68

out of 100

Grade: B-

Growth: 8.7Profit: 5.0Value: 7.3Quality: 3.5
Piotroski: 5/9Altman Z: 0.27
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ARRYFair Value (-2.7%)

Margin of Safety

-2.7%

Fair Value

$10.81

Current Price

$8.09

$2.72 premium

UndervaluedFair: $10.81Overvalued
RUNUndervalued (+51.7%)

Margin of Safety

+51.7%

Fair Value

$39.67

Current Price

$13.36

$26.32 discount

UndervaluedFair: $39.67Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ARRY1 strengths · Avg: 10.0/10
EPS GrowthGrowth
137.1%10/10

Earnings expanding 137.1% YoY

RUN4 strengths · Avg: 10.0/10
P/E RatioValuation
6.0x10/10

Attractively priced relative to earnings

Price/BookValuation
0.9x10/10

Reasonable price relative to book value

Revenue GrowthGrowth
43.2%10/10

Revenue surging 43.2% year-over-year

EPS GrowthGrowth
214.4%10/10

Earnings expanding 214.4% YoY

Areas to Watch

ARRY4 concerns · Avg: 2.5/10
Market CapQuality
$1.40B3/10

Smaller company, higher risk/reward

Operating MarginProfitability
2.0%3/10

Operating margin of 2.0%

Return on EquityProfitability
-25.0%2/10

ROE of -25.0% — below average capital efficiency

Revenue GrowthGrowth
-26.1%2/10

Revenue declined 26.1%

RUN4 concerns · Avg: 1.8/10
PEG RatioValuation
3.072/10

Expensive relative to growth rate

Free Cash FlowQuality
$-414.21M2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
0.272/10

Distress zone — elevated risk

Operating MarginProfitability
-6.0%1/10

Operating margin of -6.0%

Comparative Analysis Report

WallStSmart Research

Bull Case : ARRY

The strongest argument for ARRY centers on EPS Growth. PEG of 1.05 suggests the stock is reasonably priced for its growth.

Bull Case : RUN

The strongest argument for RUN centers on P/E Ratio, Price/Book, Revenue Growth. Profitability is solid with margins at 17.9% and operating margin at -6.0%. Revenue growth of 43.2% demonstrates continued momentum.

Bear Case : ARRY

The primary concerns for ARRY are Market Cap, Operating Margin, Return on Equity. Debt-to-equity of 2.85 is elevated, increasing financial risk.

Bear Case : RUN

The primary concerns for RUN are PEG Ratio, Free Cash Flow, Altman Z-Score. Debt-to-equity of 4.45 is elevated, increasing financial risk.

Key Dynamics to Monitor

ARRY profiles as a turnaround stock while RUN is a growth play — different risk/reward profiles.

RUN carries more volatility with a beta of 2.30 — expect wider price swings.

RUN is growing revenue faster at 43.2% — sustainability is the question.

ARRY generates stronger free cash flow (-37M), providing more financial flexibility.

Bottom Line

RUN scores higher overall (68/100 vs 43/100), backed by strong 17.9% margins and 43.2% revenue growth. Both earn "Strong Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Array Technologies Inc

TECHNOLOGY · SOLAR · USA

Array Technologies, Inc. manufactures and supplies solar tracking systems and related products for customers in the United States and internationally. The company is headquartered in Albuquerque, New Mexico.

Sunrun Inc

TECHNOLOGY · SOLAR · USA

Sunrun Inc. is dedicated to the design, development, installation, sale, ownership and maintenance of residential solar energy systems in the United States. The company is headquartered in San Francisco, California.

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