27.04 USD
0 (0%)
27.06 USD
+0.02 (+0.07%)
Overall AVID gets a fundamental rating of 5 out of 10. We evaluated AVID against 35 industry peers in the Technology Hardware, Storage & Peripherals industry. While AVID has a great profitability rating, there are quite some concerns on its financial health. AVID has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
AVID had positive earnings in the past year.
In the past year AVID had a positive cash flow from operations.
AVID had positive earnings in 4 of the past 5 years.
Each year in the past 5 years AVID had a positive operating cash flow.
1.2 Ratios
The Return On Assets of AVID (10.99%) is better than 84.85% of its industry peers.
AVID has a Return On Invested Capital of 23.90%. This is amongst the best in the industry. AVID outperforms 87.88% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AVID is significantly above the industry average of 15.27%.
The 3 year average ROIC (39.28%) for AVID is well above the current ROIC(23.90%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.99% | ||
| ROE | N/A | ||
| ROIC | 23.9% |
ROA(3y)12.65%
ROA(5y)7.29%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)39.28%
ROIC(5y)32.99%
1.3 Margins
With an excellent Profit Margin value of 7.59%, AVID belongs to the best of the industry, outperforming 84.85% of the companies in the same industry.
In the last couple of years the Profit Margin of AVID has grown nicely.
The Operating Margin of AVID (9.21%) is better than 78.79% of its industry peers.
AVID's Operating Margin has improved in the last couple of years.
AVID has a Gross Margin of 64.13%. This is amongst the best in the industry. AVID outperforms 84.85% of its industry peers.
In the last couple of years the Gross Margin of AVID has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.21% | ||
| PM (TTM) | 7.59% | ||
| GM | 64.13% |
OM growth 3Y17.93%
OM growth 5Y34.72%
PM growth 3Y92.84%
PM growth 5YN/A
GM growth 3Y2.82%
GM growth 5Y2.62%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), AVID is creating value.
Compared to 1 year ago, AVID has less shares outstanding
AVID has a worse debt/assets ratio than last year.
2.2 Solvency
AVID has an Altman-Z score of -1.47. This is a bad value and indicates that AVID is not financially healthy and even has some risk of bankruptcy.
AVID has a worse Altman-Z score (-1.47) than 78.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Altman-Z | -1.47 |
ROIC/WACC2.6
WACC9.19%
2.3 Liquidity
A Current Ratio of 1.06 indicates that AVID should not have too much problems paying its short term obligations.
The Current ratio of AVID (1.06) is worse than 78.79% of its industry peers.
A Quick Ratio of 0.89 indicates that AVID may have some problems paying its short term obligations.
The Quick ratio of AVID (0.89) is worse than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.89 |
3. Growth
3.1 Past
AVID shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -9.09%.
The Earnings Per Share has been growing by 28.20% on average over the past years. This is a very strong growth
AVID shows a small growth in Revenue. In the last year, the Revenue has grown by 1.53%.
The Revenue has been decreasing by -0.08% on average over the past years.
EPS 1Y (TTM)-9.09%
EPS 3Y40.68%
EPS 5Y28.2%
EPS Q2Q%-15.38%
Revenue 1Y (TTM)1.53%
Revenue growth 3Y0.45%
Revenue growth 5Y-0.08%
Sales Q2Q%11.12%
3.2 Future
AVID is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.30% yearly.
The Revenue is expected to grow by 9.18% on average over the next years. This is quite good.
EPS Next Y10.99%
EPS Next 2Y18.3%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year8.15%
Revenue Next 2Y9.51%
Revenue Next 3YN/A
Revenue Next 5Y9.18%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 22.53, AVID is valued on the expensive side.
69.70% of the companies in the same industry are more expensive than AVID, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.84. AVID is around the same levels.
With a Price/Forward Earnings ratio of 13.61, AVID is valued correctly.
63.64% of the companies in the same industry are more expensive than AVID, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.40, AVID is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.53 | ||
| Fwd PE | 13.61 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as AVID.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 28.25 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of AVID may justify a higher PE ratio.
AVID's earnings are expected to grow with 18.30% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.05
PEG (5Y)0.8
EPS Next 2Y18.3%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for AVID!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
27.04
0 (0%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)
Earnings (Next)
Inst Owners0.08%
Inst Owner Change0%
Ins Owners5.81%
Ins Owner Change0%
Market Cap1.19B
Revenue(TTM)425.44M
Net Income(TTM)32.30M
Analysts50
Price Target27.57 (1.96%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-18.3%
Min EPS beat(2)-41.21%
Max EPS beat(2)4.62%
EPS beat(4)2
Avg EPS beat(4)-6.45%
Min EPS beat(4)-41.21%
Max EPS beat(4)18.33%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-1.1%
Min Revenue beat(2)-5.06%
Max Revenue beat(2)2.86%
Revenue beat(4)1
Avg Revenue beat(4)-1.87%
Min Revenue beat(4)-5.06%
Max Revenue beat(4)2.86%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-25.95%
EPS NQ rev (1m)-3.06%
EPS NQ rev (3m)-4.18%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.63%
Revenue NQ rev (1m)-1.12%
Revenue NQ rev (3m)-1.81%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.53 | ||
| Fwd PE | 13.61 | ||
| P/S | 2.8 | ||
| P/FCF | N/A | ||
| P/OCF | 71.65 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 28.25 |
EPS(TTM)1.2
EY4.44%
EPS(NY)1.99
Fwd EY7.35%
FCF(TTM)-0.03
FCFYN/A
OCF(TTM)0.38
OCFY1.4%
SpS9.66
BVpS-2.7
TBVpS-3.44
PEG (NY)2.05
PEG (5Y)0.8
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.99% | ||
| ROE | N/A | ||
| ROCE | 30.26% | ||
| ROIC | 23.9% | ||
| ROICexc | 32.24% | ||
| ROICexgc | 48.84% | ||
| OM | 9.21% | ||
| PM (TTM) | 7.59% | ||
| GM | 64.13% | ||
| FCFM | N/A |
ROA(3y)12.65%
ROA(5y)7.29%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)39.28%
ROIC(5y)32.99%
ROICexc(3y)111.97%
ROICexc(5y)103.25%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)49.72%
ROCE(5y)41.76%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y-14.81%
ROICexc growth 5YN/A
OM growth 3Y17.93%
OM growth 5Y34.72%
PM growth 3Y92.84%
PM growth 5YN/A
GM growth 3Y2.82%
GM growth 5Y2.62%
F-Score5
Asset Turnover1.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.17 | ||
| Cap/Depr | 192.33% | ||
| Cap/Sales | 4.21% | ||
| Interest Coverage | 3.52 | ||
| Cash Conversion | 34.26% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.89 | ||
| Altman-Z | -1.47 |
F-Score5
WACC9.19%
ROIC/WACC2.6
Cap/Depr(3y)110.96%
Cap/Depr(5y)86.55%
Cap/Sales(3y)2.3%
Cap/Sales(5y)2.21%
Profit Quality(3y)166.41%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-9.09%
EPS 3Y40.68%
EPS 5Y28.2%
EPS Q2Q%-15.38%
EPS Next Y10.99%
EPS Next 2Y18.3%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)1.53%
Revenue growth 3Y0.45%
Revenue growth 5Y-0.08%
Sales Q2Q%11.12%
Revenue Next Year8.15%
Revenue Next 2Y9.51%
Revenue Next 3YN/A
Revenue Next 5Y9.18%
EBIT growth 1Y-22.13%
EBIT growth 3Y18.47%
EBIT growth 5Y34.61%
EBIT Next Year24.94%
EBIT Next 3YN/A
EBIT Next 5Y19.35%
FCF growth 1Y-102.04%
FCF growth 3Y38.25%
FCF growth 5Y100.95%
OCF growth 1Y-75.41%
OCF growth 3Y34.81%
OCF growth 5Y40.09%
AVID TECHNOLOGY INC / AVID FAQ
What is the fundamental rating for AVID stock?
ChartMill assigns a fundamental rating of 5 / 10 to AVID.
What is the valuation status for AVID stock?
ChartMill assigns a valuation rating of 4 / 10 to AVID TECHNOLOGY INC (AVID). This can be considered as Fairly Valued.
How profitable is AVID TECHNOLOGY INC (AVID) stock?
AVID TECHNOLOGY INC (AVID) has a profitability rating of 8 / 10.
What is the expected EPS growth for AVID TECHNOLOGY INC (AVID) stock?
The Earnings per Share (EPS) of AVID TECHNOLOGY INC (AVID) is expected to grow by 10.99% in the next year.