48.08 USD
-0.86 (-1.76%)
48.08 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. A decent growth rate in combination with a cheap valuation! Better keep an eye on AVT. 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.
In the past 5 years AVT has always been profitable.
In multiple years AVT reported negative operating cash flow during the last 5 years.
1.2 Ratios
AVT has a Return On Assets (1.88%) which is in line with its industry peers.
AVT has a Return On Equity (4.81%) which is in line with its industry peers.
With a decent Return On Invested Capital value of 6.49%, AVT is doing good in the industry, outperforming 67.74% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for AVT is in line with the industry average of 9.30%.
| 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 (1.04%) which is comparable to the rest of the industry.
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 54.03% of the companies in the same industry.
AVT's Operating Margin has improved in the last couple of years.
AVT's Gross Margin of 10.63% is on the low side compared to the rest of the industry. AVT is outperformed by 78.23% of its industry peers.
AVT's Gross Margin has declined in the last couple of years.
| 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
AVT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, AVT has less shares outstanding
AVT has less shares outstanding than it did 5 years ago.
AVT has a better debt/assets ratio than last year.
2.2 Solvency
AVT has an Altman-Z score of 3.23. This indicates that AVT is financially healthy and has little risk of bankruptcy at the moment.
AVT's Altman-Z score of 3.23 is in line compared to the rest of the industry. AVT outperforms 48.39% of its industry peers.
The Debt to FCF ratio of AVT is 8.96, which is on the high side as it means it would take AVT, 8.96 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 8.96, AVT perfoms like the industry average, outperforming 54.03% of the companies in the same industry.
A Debt/Equity ratio of 0.60 indicates that 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 | 3.23 |
ROIC/WACC0.6
WACC10.85%
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.
The Current ratio of AVT (2.36) is comparable to the rest of the industry.
AVT has a Quick Ratio of 1.12. This is a normal value and indicates that AVT is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.12, AVT is not doing good in the industry: 74.19% of the companies in the same industry are doing better.
| 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%.
The Earnings Per Share has been growing by 11.23% on average over the past years. This is quite good.
Looking at the last year, AVT shows a decrease in Revenue. The Revenue has decreased by -2.30% in the last year.
AVT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.71% yearly.
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
AVT is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 28.28% yearly.
AVT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.30% yearly.
EPS Next Y27.51%
EPS Next 2Y35.03%
EPS Next 3Y28.28%
EPS Next 5YN/A
Revenue Next Year8.27%
Revenue Next 2Y6.51%
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
With a Price/Earnings ratio of 14.31, AVT is valued correctly.
Based on the Price/Earnings ratio, AVT is valued cheaper than 88.71% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.51, AVT is valued a bit cheaper.
AVT is valuated cheaply with a Price/Forward Earnings ratio of 7.67.
AVT's Price/Forward Earnings ratio is rather cheap when compared to the industry. AVT is cheaper than 95.16% of the companies in the same industry.
AVT's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.13.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.31 | ||
| Fwd PE | 7.67 |
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 86.29% of the companies listed in the same industry.
AVT's Price/Free Cash Flow ratio is rather cheap when compared to the industry. AVT is cheaper than 91.94% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.73 | ||
| EV/EBITDA | 9.84 |
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.
A more expensive valuation may be justified as AVT's earnings are expected to grow with 28.28% in the coming years.
PEG (NY)0.52
PEG (5Y)1.27
EPS Next 2Y35.03%
EPS Next 3Y28.28%
5. Dividend
5.1 Amount
AVT has a Yearly Dividend Yield of 2.84%.
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 been paying a dividend for at least 10 years, so it has 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.
The dividend of AVT is growing, but earnings are growing more, so the dividend growth is sustainable.
DP48.46%
EPS Next 2Y35.03%
EPS Next 3Y28.28%
48.08
-0.86 (-1.76%)
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 Cap3.91B
Revenue(TTM)22.50B
Net Income(TTM)233.01M
Analysts49.23
Price Target54.06 (12.44%)
Short Float %10.34%
Short Ratio9.72
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-DateN/A
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%
PT rev (3m)0.47%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.02%
EPS NY rev (1m)2.09%
EPS NY rev (3m)-2.13%
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 | 14.31 | ||
| Fwd PE | 7.67 | ||
| P/S | 0.17 | ||
| P/FCF | 11.73 | ||
| P/OCF | 8.26 | ||
| P/B | 0.81 | ||
| P/tB | 0.97 | ||
| EV/EBITDA | 9.84 |
EPS(TTM)3.36
EY6.99%
EPS(NY)6.27
Fwd EY13.05%
FCF(TTM)4.1
FCFY8.52%
OCF(TTM)5.82
OCFY12.11%
SpS276.59
BVpS59.61
TBVpS49.55
PEG (NY)0.52
PEG (5Y)1.27
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 | 3.23 |
F-Score5
WACC10.85%
ROIC/WACC0.6
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 Y27.51%
EPS Next 2Y35.03%
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 2Y6.51%
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.
What is the valuation status for AVT stock?
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.
Can you provide the expected EPS growth for AVT stock?
The Earnings per Share (EPS) of AVNET INC (AVT) is expected to grow by 27.51% in the next year.
Is the dividend of AVNET INC sustainable?
The dividend rating of AVNET INC (AVT) is 8 / 10 and the dividend payout ratio is 48.46%.