49.76 USD
+1.18 (+2.43%)
49.76 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to AVT. AVT was compared to 124 industry peers in the Electronic Equipment, Instruments & Components industry. AVT has only an average score on both its financial health and profitability. A decent growth rate in combination with a cheap valuation! Better keep an eye on AVT. AVT also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year AVT was profitable.
AVT had a positive operating cash flow in the past year.
AVT had positive earnings in each of the past 5 years.
In multiple years AVT reported negative operating cash flow during the last 5 years.
1.2 Ratios
With a Return On Assets value of 1.88%, AVT perfoms like the industry average, outperforming 55.65% of the companies in the same industry.
The Return On Equity of AVT (4.81%) is comparable to the rest of the industry.
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 9.29%.
| 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 in line with its industry peers.
In the last couple of years the Profit Margin of AVT has declined.
AVT has a Operating Margin (2.69%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of AVT has grown nicely.
AVT has a Gross Margin of 10.63%. This is in the lower half of the industry: AVT underperforms 79.03% of its industry peers.
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
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
Compared to 5 years ago, AVT has less shares outstanding
Compared to 1 year ago, AVT has an improved debt to assets ratio.
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.
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.
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/WACC0.6
WACC10.83%
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.
AVT has a Current ratio (2.36) which is in line with its industry peers.
A Quick Ratio of 1.12 indicates that AVT should not have too much problems paying its short term obligations.
AVT's Quick ratio of 1.12 is on the low side compared to the rest of the industry. AVT is outperformed by 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.36 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
The earnings per share for AVT have decreased strongly by -27.59% in the last year.
Measured over the past years, AVT shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.23% on average per year.
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
Based on estimates for the next years, AVT will show a very strong growth in Earnings Per Share. The EPS will grow by 28.28% on average per year.
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
With a Price/Earnings ratio of 14.81, AVT is valued correctly.
Compared to the rest of the industry, the Price/Earnings ratio of AVT indicates a rather cheap valuation: AVT is cheaper than 87.10% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.38, AVT is valued a bit cheaper.
A Price/Forward Earnings ratio of 8.05 indicates a reasonable valuation of AVT.
Based on the Price/Forward Earnings ratio, AVT is valued cheaper than 94.35% of the companies in the same industry.
AVT is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.83, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.81 | ||
| Fwd PE | 8.05 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AVT is valued cheaply inside the industry as 87.10% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, AVT is valued cheaper than 92.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.14 | ||
| EV/EBITDA | 9.9 |
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)0.54
PEG (5Y)1.32
EPS Next 2Y34.05%
EPS Next 3Y28.28%
5. Dividend
5.1 Amount
AVT has a Yearly Dividend Yield of 2.88%. Purely for dividend investing, there may be better candidates out there.
AVT's Dividend Yield is rather good when compared to the industry average which is at 0.47. AVT pays more dividend than 98.39% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, AVT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.88% |
5.2 History
The dividend of AVT is nicely growing with an annual growth rate of 9.63%!
AVT has been paying a dividend for at least 10 years, so it has a reliable track record.
AVT has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)9.63%
Div Incr Years11
Div Non Decr Years11
5.3 Sustainability
AVT pays out 48.46% of its income as dividend. 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 2Y34.05%
EPS Next 3Y28.28%
49.76
+1.18 (+2.43%)
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 Cap4.05B
Revenue(TTM)22.50B
Net Income(TTM)233.01M
Analysts49.23
Price Target54.06 (8.64%)
Short Float %10.03%
Short Ratio9.52
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.88% |
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 | 14.81 | ||
| Fwd PE | 8.05 | ||
| P/S | 0.18 | ||
| P/FCF | 12.14 | ||
| P/OCF | 8.55 | ||
| P/B | 0.83 | ||
| P/tB | 1 | ||
| EV/EBITDA | 9.9 |
EPS(TTM)3.36
EY6.75%
EPS(NY)6.18
Fwd EY12.42%
FCF(TTM)4.1
FCFY8.24%
OCF(TTM)5.82
OCFY11.7%
SpS276.59
BVpS59.61
TBVpS49.55
PEG (NY)0.54
PEG (5Y)1.32
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
WACC10.83%
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 Y27.42%
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 14.81 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.