21.71 USD
+0.12 (+0.56%)
23.86 USD
+2.15 (+9.9%)
Overall AVNW gets a fundamental rating of 5 out of 10. We evaluated AVNW against 48 industry peers in the Communications Equipment industry. AVNW has a medium profitability rating, but doesn't score so well on its financial health evaluation. AVNW scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
AVNW had positive earnings in the past year.
In the past year AVNW had a positive cash flow from operations.
Each year in the past 5 years AVNW has been profitable.
Of the past 5 years AVNW 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.08%, AVNW is in line with its industry, outperforming 58.33% of the companies in the same industry.
The Return On Equity of AVNW (5.08%) is better than 64.58% of its industry peers.
AVNW has a better Return On Invested Capital (7.17%) than 70.83% of its industry peers.
AVNW had an Average Return On Invested Capital over the past 3 years of 6.30%. This is significantly below the industry average of 12.82%.
The last Return On Invested Capital (7.17%) for AVNW is above the 3 year average (6.30%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.08% | ||
| ROE | 5.08% | ||
| ROIC | 7.17% |
ROA(3y)1.79%
ROA(5y)9.78%
ROE(3y)3.31%
ROE(5y)16.1%
ROIC(3y)6.3%
ROIC(5y)7.79%
1.3 Margins
AVNW's Profit Margin of 2.95% is fine compared to the rest of the industry. AVNW outperforms 60.42% of its industry peers.
AVNW's Profit Margin has improved in the last couple of years.
AVNW's Operating Margin of 7.71% is fine compared to the rest of the industry. AVNW outperforms 70.83% of its industry peers.
AVNW's Operating Margin has been stable in the last couple of years.
The Gross Margin of AVNW (34.25%) is worse than 64.58% of its industry peers.
AVNW's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.71% | ||
| PM (TTM) | 2.95% | ||
| GM | 34.25% |
OM growth 3Y-30.05%
OM growth 5Y1.03%
PM growth 3Y-64.67%
PM growth 5Y19.67%
GM growth 3Y-3.8%
GM growth 5Y-2%
2. Health
2.1 Basic Checks
AVNW has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for AVNW has been increased compared to 1 year ago.
AVNW has more shares outstanding than it did 5 years ago.
AVNW has a worse debt/assets ratio than last year.
2.2 Solvency
AVNW has an Altman-Z score of 0.47. This is a bad value and indicates that AVNW is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.47, AVNW is doing worse than 64.58% of the companies in the same industry.
AVNW has a debt to FCF ratio of 8.97. This is a slightly negative value and a sign of low solvency as AVNW would need 8.97 years to pay back of all of its debts.
AVNW's Debt to FCF ratio of 8.97 is in line compared to the rest of the industry. AVNW outperforms 47.92% of its industry peers.
AVNW has a Debt/Equity ratio of 0.39. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of AVNW (0.39) is worse than 68.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | 8.97 | ||
| Altman-Z | 0.47 |
ROIC/WACC0.73
WACC9.8%
2.3 Liquidity
AVNW has a Current Ratio of 1.84. This is a normal value and indicates that AVNW is financially healthy and should not expect problems in meeting its short term obligations.
AVNW has a worse Current ratio (1.84) than 60.42% of its industry peers.
A Quick Ratio of 1.51 indicates that AVNW should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.51, AVNW is in line with its industry, outperforming 45.83% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.84 | ||
| Quick Ratio | 1.51 |
3. Growth
3.1 Past
AVNW shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 90.97%, which is quite impressive.
Measured over the past years, AVNW shows a quite strong growth in Earnings Per Share. The EPS has been growing by 17.38% on average per year.
Looking at the last year, AVNW shows a quite strong growth in Revenue. The Revenue has grown by 10.89% in the last year.
The Revenue has been growing by 12.74% on average over the past years. This is quite good.
EPS 1Y (TTM)90.97%
EPS 3Y-15.18%
EPS 5Y17.38%
EPS Q2Q%149.43%
Revenue 1Y (TTM)10.89%
Revenue growth 3Y12.78%
Revenue growth 5Y12.74%
Sales Q2Q%21.36%
3.2 Future
Based on estimates for the next years, AVNW will show a very strong growth in Earnings Per Share. The EPS will grow by 41.34% on average per year.
The Revenue is expected to grow by 6.28% on average over the next years.
EPS Next Y54.95%
EPS Next 2Y41.34%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year3.8%
Revenue Next 2Y5.3%
Revenue Next 3Y7.18%
Revenue Next 5Y6.28%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 7.33, which indicates a rather cheap valuation of AVNW.
AVNW's Price/Earnings ratio is rather cheap when compared to the industry. AVNW is cheaper than 95.83% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.15, AVNW is valued rather cheaply.
The Price/Forward Earnings ratio is 6.55, which indicates a rather cheap valuation of AVNW.
100.00% of the companies in the same industry are more expensive than AVNW, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of AVNW to the average of the S&P500 Index (36.12), we can say AVNW is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.33 | ||
| Fwd PE | 6.55 |
4.2 Price Multiples
AVNW's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. AVNW is cheaper than 89.58% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, AVNW is valued a bit cheaper than 68.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.41 | ||
| EV/EBITDA | 7.55 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of AVNW may justify a higher PE ratio.
A more expensive valuation may be justified as AVNW's earnings are expected to grow with 41.34% in the coming years.
PEG (NY)0.13
PEG (5Y)0.42
EPS Next 2Y41.34%
EPS Next 3YN/A
5. Dividend
5.1 Amount
AVNW does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
21.71
+0.12 (+0.56%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)
Earnings (Next)
Inst Owners76.78%
Inst Owner Change-2.48%
Ins Owners4.06%
Ins Owner Change2.8%
Market Cap277.89M
Revenue(TTM)453.50M
Net Income(TTM)13.38M
Analysts81.54
Price Target35.85 (65.13%)
Short Float %5.81%
Short Ratio6.53
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)2
Avg EPS beat(2)53.89%
Min EPS beat(2)33.41%
Max EPS beat(2)74.37%
EPS beat(4)4
Avg EPS beat(4)1560.62%
Min EPS beat(4)33.41%
Max EPS beat(4)5930.92%
EPS beat(8)7
Avg EPS beat(8)422.85%
EPS beat(12)9
Avg EPS beat(12)283.85%
EPS beat(16)12
Avg EPS beat(16)214.96%
Revenue beat(2)1
Avg Revenue beat(2)0.57%
Min Revenue beat(2)-1.39%
Max Revenue beat(2)2.52%
Revenue beat(4)3
Avg Revenue beat(4)4.59%
Min Revenue beat(4)-1.39%
Max Revenue beat(4)11.87%
Revenue beat(8)5
Avg Revenue beat(8)1.25%
Revenue beat(12)7
Avg Revenue beat(12)0.81%
Revenue beat(16)9
Avg Revenue beat(16)0.82%
PT rev (1m)2.5%
PT rev (3m)2.07%
EPS NQ rev (1m)-15.13%
EPS NQ rev (3m)-29.6%
EPS NY rev (1m)0%
EPS NY rev (3m)-6.32%
Revenue NQ rev (1m)-1.37%
Revenue NQ rev (3m)-4.64%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.33 | ||
| Fwd PE | 6.55 | ||
| P/S | 0.61 | ||
| P/FCF | 23.41 | ||
| P/OCF | 13.14 | ||
| P/B | 1.05 | ||
| P/tB | 1.27 | ||
| EV/EBITDA | 7.55 |
EPS(TTM)2.96
EY13.63%
EPS(NY)3.32
Fwd EY15.28%
FCF(TTM)0.93
FCFY4.27%
OCF(TTM)1.65
OCFY7.61%
SpS35.43
BVpS20.6
TBVpS17.06
PEG (NY)0.13
PEG (5Y)0.42
Graham Number37.04
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.08% | ||
| ROE | 5.08% | ||
| ROCE | 9.07% | ||
| ROIC | 7.17% | ||
| ROICexc | 8.62% | ||
| ROICexgc | 10.04% | ||
| OM | 7.71% | ||
| PM (TTM) | 2.95% | ||
| GM | 34.25% | ||
| FCFM | 2.62% |
ROA(3y)1.79%
ROA(5y)9.78%
ROE(3y)3.31%
ROE(5y)16.1%
ROIC(3y)6.3%
ROIC(5y)7.79%
ROICexc(3y)7.36%
ROICexc(5y)9.6%
ROICexgc(3y)8.1%
ROICexgc(5y)10.04%
ROCE(3y)7.98%
ROCE(5y)9.86%
ROICexgc growth 3Y-29.93%
ROICexgc growth 5Y-16.07%
ROICexc growth 3Y-33.88%
ROICexc growth 5Y-18.94%
OM growth 3Y-30.05%
OM growth 5Y1.03%
PM growth 3Y-64.67%
PM growth 5Y19.67%
GM growth 3Y-3.8%
GM growth 5Y-2%
F-Score8
Asset Turnover0.7
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | 8.97 | ||
| Debt/EBITDA | 2.41 | ||
| Cap/Depr | 125.4% | ||
| Cap/Sales | 2.05% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 49.94% | ||
| Profit Quality | 88.69% | ||
| Current Ratio | 1.84 | ||
| Quick Ratio | 1.51 | ||
| Altman-Z | 0.47 |
F-Score8
WACC9.8%
ROIC/WACC0.73
Cap/Depr(3y)475.32%
Cap/Depr(5y)303.81%
Cap/Sales(3y)7.26%
Cap/Sales(5y)4.68%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)90.97%
EPS 3Y-15.18%
EPS 5Y17.38%
EPS Q2Q%149.43%
EPS Next Y54.95%
EPS Next 2Y41.34%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)10.89%
Revenue growth 3Y12.78%
Revenue growth 5Y12.74%
Sales Q2Q%21.36%
Revenue Next Year3.8%
Revenue Next 2Y5.3%
Revenue Next 3Y7.18%
Revenue Next 5Y6.28%
EBIT growth 1Y2215.64%
EBIT growth 3Y-21.12%
EBIT growth 5Y13.9%
EBIT Next Year82.26%
EBIT Next 3Y41.04%
EBIT Next 5Y29.05%
FCF growth 1Y-9.2%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y13.37%
OCF growth 3Y27.04%
OCF growth 5Y-20.03%
AVIAT NETWORKS INC / AVNW FAQ
Can you provide the ChartMill fundamental rating for AVIAT NETWORKS INC?
ChartMill assigns a fundamental rating of 5 / 10 to AVNW.
What is the valuation status of AVIAT NETWORKS INC (AVNW) stock?
ChartMill assigns a valuation rating of 9 / 10 to AVIAT NETWORKS INC (AVNW). This can be considered as Undervalued.
How profitable is AVIAT NETWORKS INC (AVNW) stock?
AVIAT NETWORKS INC (AVNW) has a profitability rating of 6 / 10.
What is the financial health of AVIAT NETWORKS INC (AVNW) stock?
The financial health rating of AVIAT NETWORKS INC (AVNW) is 2 / 10.