20.86 USD
+0.12 (+0.58%)
20.86 USD
0 (0%)
Overall AVNW gets a fundamental rating of 5 out of 10. We evaluated AVNW against 48 industry peers in the Communications Equipment industry. While AVNW is still in line with the averages on profitability rating, there are concerns on its financial health. AVNW is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year AVNW was profitable.
AVNW had a positive operating cash flow in the past year.
In the past 5 years AVNW has always been profitable.
Of the past 5 years AVNW 4 years had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 2.08%, AVNW is doing good in the industry, outperforming 60.42% of the companies in the same industry.
AVNW has a Return On Equity of 5.08%. This is in the better half of the industry: AVNW outperforms 64.58% of its industry peers.
The Return On Invested Capital of AVNW (7.17%) is better than 70.83% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AVNW is significantly below the industry average of 12.35%.
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
With a decent Profit Margin value of 2.95%, AVNW is doing good in the industry, outperforming 62.50% of the companies in the same industry.
AVNW's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 7.71%, AVNW is in the better half of the industry, outperforming 70.83% of the companies in the same industry.
In the last couple of years the Operating Margin of AVNW has remained more or less at the same level.
With a Gross Margin value of 34.25%, AVNW is not doing good in the industry: 62.50% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of AVNW has declined.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AVNW is destroying value.
The number of shares outstanding for AVNW has been increased compared to 1 year ago.
The number of shares outstanding for AVNW has been increased compared to 5 years ago.
Compared to 1 year ago, AVNW has a worse debt to assets ratio.
2.2 Solvency
AVNW has an Altman-Z score of 0.46. This is a bad value and indicates that AVNW is not financially healthy and even has some risk of bankruptcy.
AVNW's Altman-Z score of 0.46 is on the low side compared to the rest of the industry. AVNW is outperformed by 62.50% of its industry peers.
The Debt to FCF ratio of AVNW is 8.97, which is on the high side as it means it would take AVNW, 8.97 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 8.97, AVNW is in line with its industry, outperforming 47.92% of the companies in the same industry.
A Debt/Equity ratio of 0.39 indicates that AVNW is not too dependend on debt financing.
AVNW has a worse Debt to Equity ratio (0.39) than 70.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | 8.97 | ||
| Altman-Z | 0.46 |
ROIC/WACC0.73
WACC9.81%
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's Current ratio of 1.84 is on the low side compared to the rest of the industry. AVNW is outperformed by 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.
The Quick ratio of AVNW (1.51) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.84 | ||
| Quick Ratio | 1.51 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 90.97% over the past year.
The Earnings Per Share has been growing by 17.38% on average over the past years. This is quite good.
The Revenue has grown by 10.89% in the past year. This is quite good.
Measured over the past years, AVNW shows a quite strong growth in Revenue. The Revenue has been growing by 12.74% on average per year.
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 negative growth in Earnings Per Share. The EPS will decrease by -41.85% on average per year.
Based on estimates for the next years, AVNW will show a small growth in Revenue. The Revenue will grow by 6.28% on average per year.
EPS Next Y51.46%
EPS Next 2Y37.85%
EPS Next 3Y-41.85%
EPS Next 5YN/A
Revenue Next Year3.78%
Revenue Next 2Y5.27%
Revenue Next 3Y7.18%
Revenue Next 5Y6.28%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 7.05, which indicates a rather cheap valuation of AVNW.
Based on the Price/Earnings ratio, AVNW is valued cheaply inside the industry as 97.92% of the companies are valued more expensively.
AVNW is valuated cheaply when we compare the Price/Earnings ratio to 26.26, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 6.61, the valuation of AVNW can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AVNW indicates a rather cheap valuation: AVNW is cheaper than 100.00% of the companies listed in the same industry.
AVNW is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.68, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.05 | ||
| Fwd PE | 6.61 |
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.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AVNW indicates a somewhat cheap valuation: AVNW is cheaper than 68.75% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.57 | ||
| EV/EBITDA | 7.31 |
4.3 Compensation for Growth
AVNW's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
AVNW has a very decent profitability rating, which may justify a higher PE ratio.
AVNW's earnings are expected to decrease with -41.85% in the coming years. This may justify a cheaper valuation.
PEG (NY)0.14
PEG (5Y)0.41
EPS Next 2Y37.85%
EPS Next 3Y-41.85%
5. Dividend
5.1 Amount
No dividends for AVNW!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
20.86
+0.12 (+0.58%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)
Earnings (Next)
Inst Owners79.2%
Inst Owner Change-2.48%
Ins Owners3.43%
Ins Owner Change3.73%
Market Cap267.84M
Revenue(TTM)453.50M
Net Income(TTM)13.38M
Analysts81.54
Price Target35.85 (71.86%)
Short Float %5.16%
Short Ratio5.82
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)2.5%
EPS NQ rev (1m)-3.23%
EPS NQ rev (3m)-29.5%
EPS NY rev (1m)-2.25%
EPS NY rev (3m)-8.42%
Revenue NQ rev (1m)-1.67%
Revenue NQ rev (3m)-4.52%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)-0.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.05 | ||
| Fwd PE | 6.61 | ||
| P/S | 0.59 | ||
| P/FCF | 22.57 | ||
| P/OCF | 12.67 | ||
| P/B | 1.02 | ||
| P/tB | 1.23 | ||
| EV/EBITDA | 7.31 |
EPS(TTM)2.96
EY14.19%
EPS(NY)3.15
Fwd EY15.12%
FCF(TTM)0.92
FCFY4.43%
OCF(TTM)1.65
OCFY7.89%
SpS35.32
BVpS20.53
TBVpS17
PEG (NY)0.14
PEG (5Y)0.41
Graham Number36.98
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 | 0.46 |
F-Score8
WACC9.81%
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 Y51.46%
EPS Next 2Y37.85%
EPS Next 3Y-41.85%
EPS Next 5YN/A
Revenue 1Y (TTM)10.89%
Revenue growth 3Y12.78%
Revenue growth 5Y12.74%
Sales Q2Q%21.36%
Revenue Next Year3.78%
Revenue Next 2Y5.27%
Revenue Next 3Y7.18%
Revenue Next 5Y6.28%
EBIT growth 1Y2215.64%
EBIT growth 3Y-21.12%
EBIT growth 5Y13.9%
EBIT Next Year82.34%
EBIT Next 3Y40.79%
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 8 / 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.