49.28 USD
+0.06 (+0.12%)
49.28 USD
0 (0%)
Overall AVT gets a fundamental rating of 5 out of 10. We evaluated AVT against 124 industry peers in the Electronic Equipment, Instruments & Components industry. Both the profitability and the financial health of AVT get a neutral evaluation. Nothing too spectacular is happening here. AVT may be a bit undervalued, certainly considering the very reasonable score on growth Finally AVT also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year AVT was profitable.
In the past year AVT had a positive cash flow from operations.
Each year in the past 5 years AVT has been profitable.
In multiple years AVT reported negative operating cash flow during the last 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.88%, AVT is in line with its industry, outperforming 55.65% of the companies in the same industry.
AVT has a Return On Equity of 4.81%. This is comparable to the rest of the industry: AVT outperforms 57.26% of its industry peers.
AVT has a Return On Invested Capital of 6.49%. This is in the better half of the industry: AVT outperforms 66.94% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AVT is in line with the industry average of 9.32%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.88% | ||
| ROE | 4.81% | ||
| ROIC | 6.49% |
ROA(3y)4.08%
ROA(5y)4.21%
ROE(3y)10.38%
ROE(5y)10.47%
ROIC(3y)9.94%
ROIC(5y)9.82%
1.3 Margins
AVT has a Profit Margin of 1.04%. This is comparable to the rest of the industry: AVT outperforms 49.19% of its industry peers.
In the last couple of years the Profit Margin of AVT has declined.
Looking at the Operating Margin, with a value of 2.69%, AVT is in line with its industry, outperforming 53.23% of the companies in the same industry.
AVT's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 10.63%, AVT is doing worse than 79.03% of the companies in the same industry.
In the last couple of years the Gross Margin of AVT has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.69% | ||
| PM (TTM) | 1.04% | ||
| GM | 10.64% |
OM growth 3Y-11.12%
OM growth 5Y17.48%
PM growth 3Y-27.56%
PM growth 5YN/A
GM growth 3Y-4.14%
GM growth 5Y-1.69%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AVT is destroying value.
The number of shares outstanding for AVT has been reduced compared to 1 year ago.
AVT has less shares outstanding than it did 5 years ago.
AVT has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.24 indicates that AVT is not in any danger for bankruptcy at the moment.
AVT has a Altman-Z score (3.24) which is in line with its industry peers.
AVT has a debt to FCF ratio of 8.96. This is a slightly negative value and a sign of low solvency as AVT would need 8.96 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 8.96, AVT is in line with its industry, outperforming 54.03% of the companies in the same industry.
AVT has a Debt/Equity ratio of 0.60. This is a neutral value indicating AVT is somewhat dependend on debt financing.
AVT has a Debt to Equity ratio of 0.60. This is in the lower half of the industry: AVT underperforms 78.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 8.96 | ||
| Altman-Z | 3.24 |
ROIC/WACC0.61
WACC10.66%
2.3 Liquidity
AVT has a Current Ratio of 2.36. This indicates that AVT is financially healthy and has no problem in meeting its short term obligations.
With a Current ratio value of 2.36, AVT perfoms like the industry average, outperforming 51.61% of the companies in the same industry.
A Quick Ratio of 1.12 indicates that AVT should not have too much problems paying its short term obligations.
AVT has a worse Quick ratio (1.12) than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.36 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
AVT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -27.59%.
AVT shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.23% yearly.
The Revenue has decreased by -2.30% in the past year.
Measured over the past years, AVT shows a small growth in Revenue. The Revenue has been growing by 4.71% on average per year.
EPS 1Y (TTM)-27.59%
EPS 3Y-20.9%
EPS 5Y11.23%
EPS Q2Q%-8.7%
Revenue 1Y (TTM)-2.3%
Revenue growth 3Y-2.98%
Revenue growth 5Y4.71%
Sales Q2Q%5.25%
3.2 Future
The Earnings Per Share is expected to grow by 28.28% on average over the next years. This is a very strong growth
Based on estimates for the next years, AVT will show a small growth in Revenue. The Revenue will grow by 6.30% on average per year.
EPS Next Y27.42%
EPS Next 2Y34.05%
EPS Next 3Y28.28%
EPS Next 5YN/A
Revenue Next Year8.27%
Revenue Next 2Y5.95%
Revenue Next 3Y6.3%
Revenue Next 5YN/A
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
AVT is valuated correctly with a Price/Earnings ratio of 14.67.
Compared to the rest of the industry, the Price/Earnings ratio of AVT indicates a rather cheap valuation: AVT is cheaper than 87.90% of the companies listed in the same industry.
AVT's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.57.
AVT is valuated cheaply with a Price/Forward Earnings ratio of 7.97.
Based on the Price/Forward Earnings ratio, AVT is valued cheaply inside the industry as 94.35% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 24.04. AVT is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.67 | ||
| Fwd PE | 7.97 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AVT indicates a rather cheap valuation: AVT is cheaper than 87.10% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AVT indicates a rather cheap valuation: AVT is cheaper than 91.94% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.02 | ||
| EV/EBITDA | 9.98 |
4.3 Compensation for Growth
AVT's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
AVT's earnings are expected to grow with 28.28% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.53
PEG (5Y)1.31
EPS Next 2Y34.05%
EPS Next 3Y28.28%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.84%, AVT has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 0.47, AVT pays a better dividend. On top of this AVT pays more dividend than 97.58% of the companies listed in the same industry.
AVT's Dividend Yield is a higher than the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.84% |
5.2 History
On average, the dividend of AVT grows each year by 9.63%, which is quite nice.
AVT has paid a dividend for at least 10 years, which is a reliable track record.
AVT has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)9.63%
Div Incr Years11
Div Non Decr Years11
5.3 Sustainability
48.46% of the earnings are spent on dividend by AVT. This is a bit on the high side, but may be sustainable.
AVT's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP48.46%
EPS Next 2Y34.05%
EPS Next 3Y28.28%
49.28
+0.06 (+0.12%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners110.34%
Inst Owner Change-0.6%
Ins Owners0.62%
Ins Owner Change3.48%
Market Cap4.01B
Revenue(TTM)22.50B
Net Income(TTM)233.01M
Analysts49.23
Price Target54.06 (9.7%)
Short Float %10.03%
Short Ratio9.52
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.84% |
Yearly Dividend1.31
Dividend Growth(5Y)9.63%
DP48.46%
Div Incr Years11
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.74%
Min EPS beat(2)2.27%
Max EPS beat(2)7.22%
EPS beat(4)3
Avg EPS beat(4)5.7%
Min EPS beat(4)-3.18%
Max EPS beat(4)16.48%
EPS beat(8)5
Avg EPS beat(8)6.7%
EPS beat(12)9
Avg EPS beat(12)8.27%
EPS beat(16)13
Avg EPS beat(16)10.24%
Revenue beat(2)2
Avg Revenue beat(2)2.64%
Min Revenue beat(2)1.82%
Max Revenue beat(2)3.46%
Revenue beat(4)4
Avg Revenue beat(4)1.48%
Min Revenue beat(4)0.22%
Max Revenue beat(4)3.46%
Revenue beat(8)6
Avg Revenue beat(8)1.06%
Revenue beat(12)9
Avg Revenue beat(12)1.22%
Revenue beat(16)13
Avg Revenue beat(16)2.33%
PT rev (1m)0.47%
PT rev (3m)0.47%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.02%
EPS NY rev (1m)2.02%
EPS NY rev (3m)-2.2%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.05%
Revenue NY rev (1m)0.3%
Revenue NY rev (3m)2.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.67 | ||
| Fwd PE | 7.97 | ||
| P/S | 0.18 | ||
| P/FCF | 12.02 | ||
| P/OCF | 8.46 | ||
| P/B | 0.83 | ||
| P/tB | 0.99 | ||
| EV/EBITDA | 9.98 |
EPS(TTM)3.36
EY6.82%
EPS(NY)6.18
Fwd EY12.54%
FCF(TTM)4.1
FCFY8.32%
OCF(TTM)5.82
OCFY11.82%
SpS276.59
BVpS59.61
TBVpS49.55
PEG (NY)0.53
PEG (5Y)1.31
Graham Number67.13
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.88% | ||
| ROE | 4.81% | ||
| ROCE | 7.52% | ||
| ROIC | 6.49% | ||
| ROICexc | 6.63% | ||
| ROICexgc | 7.39% | ||
| OM | 2.69% | ||
| PM (TTM) | 1.04% | ||
| GM | 10.64% | ||
| FCFM | 1.48% |
ROA(3y)4.08%
ROA(5y)4.21%
ROE(3y)10.38%
ROE(5y)10.47%
ROIC(3y)9.94%
ROIC(5y)9.82%
ROICexc(3y)10.3%
ROICexc(5y)10.14%
ROICexgc(3y)11.47%
ROICexgc(5y)11.47%
ROCE(3y)11.38%
ROCE(5y)11.24%
ROICexgc growth 3Y-21.7%
ROICexgc growth 5Y12.78%
ROICexc growth 3Y-21.06%
ROICexc growth 5Y14.08%
OM growth 3Y-11.12%
OM growth 5Y17.48%
PM growth 3Y-27.56%
PM growth 5YN/A
GM growth 3Y-4.14%
GM growth 5Y-1.69%
F-Score5
Asset Turnover1.81
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 8.96 | ||
| Debt/EBITDA | 4.3 | ||
| Cap/Depr | 204.58% | ||
| Cap/Sales | 0.62% | ||
| Interest Coverage | 2.19 | ||
| Cash Conversion | 70.38% | ||
| Profit Quality | 143.05% | ||
| Current Ratio | 2.36 | ||
| Quick Ratio | 1.12 | ||
| Altman-Z | 3.24 |
F-Score5
WACC10.66%
ROIC/WACC0.61
Cap/Depr(3y)228.96%
Cap/Depr(5y)154.57%
Cap/Sales(3y)0.78%
Cap/Sales(5y)0.56%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-27.59%
EPS 3Y-20.9%
EPS 5Y11.23%
EPS Q2Q%-8.7%
EPS Next Y27.42%
EPS Next 2Y34.05%
EPS Next 3Y28.28%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.3%
Revenue growth 3Y-2.98%
Revenue growth 5Y4.71%
Sales Q2Q%5.25%
Revenue Next Year8.27%
Revenue Next 2Y5.95%
Revenue Next 3Y6.3%
Revenue Next 5YN/A
EBIT growth 1Y-24.9%
EBIT growth 3Y-13.77%
EBIT growth 5Y23.02%
EBIT Next Year25.98%
EBIT Next 3Y17.69%
EBIT Next 5YN/A
FCF growth 1Y194.56%
FCF growth 3YN/A
FCF growth 5Y-2.55%
OCF growth 1Y530.93%
OCF growth 3YN/A
OCF growth 5Y-0.16%
AVNET INC / AVT FAQ
Can you provide the ChartMill fundamental rating for AVNET INC?
ChartMill assigns a fundamental rating of 5 / 10 to AVT.
Can you provide the valuation status for AVNET INC?
ChartMill assigns a valuation rating of 8 / 10 to AVNET INC (AVT). This can be considered as Undervalued.
Can you provide the profitability details for AVNET INC?
AVNET INC (AVT) has a profitability rating of 4 / 10.
What are the PE and PB ratios of AVNET INC (AVT) stock?
The Price/Earnings (PE) ratio for AVNET INC (AVT) is 14.67 and the Price/Book (PB) ratio is 0.83.
What is the expected EPS growth for AVNET INC (AVT) stock?
The Earnings per Share (EPS) of AVNET INC (AVT) is expected to grow by 27.42% in the next year.