47.51 USD
+0.28 (+0.59%)
47.51 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 scores decently on growth, while it is valued quite cheap. This could make an interesting combination. Finally AVT also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
AVT had positive earnings in the past year.
In the past year AVT had a positive cash flow from operations.
AVT had positive earnings in each of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: AVT reported negative operating cash flow in multiple years.
1.2 Ratios
The Return On Assets of AVT (1.88%) is comparable to the rest of the industry.
AVT has a Return On Equity (4.81%) which is in line with its industry peers.
AVT's Return On Invested Capital of 6.49% is fine compared to the rest of the industry. AVT outperforms 67.20% 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 9.11%.
| 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.
AVT's Profit Margin has declined in the last couple of years.
AVT has a Operating Margin of 2.69%. This is comparable to the rest of the industry: AVT outperforms 53.60% of its industry peers.
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 79.20% of the companies in the same industry.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AVT is destroying value.
AVT has less shares outstanding than it did 1 year ago.
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 3.23 indicates that AVT is not in any danger for bankruptcy at the moment.
AVT has a Altman-Z score (3.23) which is comparable to the rest of the industry.
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.
AVT has a Debt to FCF ratio (8.96) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.60 indicates that AVT is somewhat dependend on debt financing.
The Debt to Equity ratio of AVT (0.60) is worse than 78.40% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 8.96 | ||
| Altman-Z | 3.23 |
ROIC/WACC0.59
WACC11.03%
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.
Looking at the Current ratio, with a value of 2.36, AVT is in line with its industry, outperforming 52.00% 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.
The Quick ratio of AVT (1.12) is worse than 73.60% 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.
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 Y24.89%
EPS Next 2Y32.56%
EPS Next 3Y28.28%
EPS Next 5YN/A
Revenue Next Year7.95%
Revenue Next 2Y6.24%
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
A Price/Earnings ratio of 14.14 indicates a correct valuation of AVT.
Based on the Price/Earnings ratio, AVT is valued cheaper than 88.00% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.31. AVT is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 7.86 indicates a rather cheap valuation of AVT.
96.80% of the companies in the same industry are more expensive than AVT, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of AVT to the average of the S&P500 Index (36.59), we can say AVT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.14 | ||
| Fwd PE | 7.86 |
4.2 Price Multiples
88.00% of the companies in the same industry are more expensive than AVT, based on the Enterprise Value to EBITDA ratio.
91.20% of the companies in the same industry are more expensive than AVT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.59 | ||
| EV/EBITDA | 9.77 |
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)0.57
PEG (5Y)1.26
EPS Next 2Y32.56%
EPS Next 3Y28.28%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.96%, AVT has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.33, AVT pays a better dividend. On top of this AVT pays more dividend than 96.80% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, AVT pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.96% |
5.2 History
The dividend of AVT is nicely growing with an annual growth rate of 9.63%!
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.
The dividend of AVT is growing, but earnings are growing more, so the dividend growth is sustainable.
DP48.46%
EPS Next 2Y32.56%
EPS Next 3Y28.28%
47.51
+0.28 (+0.59%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners107.07%
Inst Owner Change-0.6%
Ins Owners0.57%
Ins Owner Change3.48%
Market Cap3.86B
Revenue(TTM)22.50B
Net Income(TTM)233.01M
Analysts49.23
Price Target54.06 (13.79%)
Short Float %9.04%
Short Ratio8.64
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.96% |
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)-3.83%
EPS NQ rev (3m)-4.02%
EPS NY rev (1m)-4.18%
EPS NY rev (3m)-4.13%
Revenue NQ rev (1m)2.96%
Revenue NQ rev (3m)3.05%
Revenue NY rev (1m)2.13%
Revenue NY rev (3m)2.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.14 | ||
| Fwd PE | 7.86 | ||
| P/S | 0.17 | ||
| P/FCF | 11.59 | ||
| P/OCF | 8.16 | ||
| P/B | 0.8 | ||
| P/tB | 0.96 | ||
| EV/EBITDA | 9.77 |
EPS(TTM)3.36
EY7.07%
EPS(NY)6.04
Fwd EY12.72%
FCF(TTM)4.1
FCFY8.63%
OCF(TTM)5.82
OCFY12.26%
SpS276.59
BVpS59.61
TBVpS49.55
PEG (NY)0.57
PEG (5Y)1.26
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
WACC11.03%
ROIC/WACC0.59
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 Y24.89%
EPS Next 2Y32.56%
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 Year7.95%
Revenue Next 2Y6.24%
Revenue Next 3Y6.3%
Revenue Next 5YN/A
EBIT growth 1Y-24.9%
EBIT growth 3Y-13.77%
EBIT growth 5Y23.02%
EBIT Next Year32.2%
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 14.14 and the Price/Book (PB) ratio is 0.8.
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 24.89% in the next year.