49.67 USD
+0.54 (+1.1%)
49.67 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to AVT. AVT was compared to 125 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 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
AVT's Return On Assets of 1.88% is in line compared to the rest of the industry. AVT outperforms 54.40% of its industry peers.
AVT has a Return On Equity of 4.81%. This is comparable to the rest of the industry: AVT outperforms 56.80% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.49%, AVT is in the better half of the industry, outperforming 67.20% 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 9.17%.
| 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
With a Profit Margin value of 1.04%, AVT perfoms like the industry average, outperforming 48.80% of the companies in the same 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 53.60% of the companies in the same industry.
In the last couple of years the Operating Margin of AVT has grown nicely.
AVT's Gross Margin of 10.63% is on the low side compared to the rest of the industry. AVT is outperformed by 79.20% 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.
The number of shares outstanding for AVT has been reduced compared to 1 year ago.
Compared to 5 years ago, AVT has less shares outstanding
The debt/assets ratio for AVT has been reduced compared to a year ago.
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.
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.
Looking at the Debt to FCF ratio, with a value of 8.96, AVT is in line with its industry, outperforming 53.60% 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.
Looking at the Debt to Equity ratio, with a value of 0.60, AVT is doing worse than 78.40% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 8.96 | ||
| Altman-Z | 3.24 |
ROIC/WACC0.61
WACC10.67%
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 52.80% of the companies in the same 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.
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
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.
The Revenue has been growing slightly by 4.71% on average over the past years.
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
The EPS growth rate is accelerating: in the next years the growth will be better 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 14.78, AVT is valued correctly.
Based on the Price/Earnings ratio, AVT is valued cheaply inside the industry as 87.20% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of AVT to the average of the S&P500 Index (26.46), we can say AVT is valued slightly cheaper.
AVT is valuated reasonably with a Price/Forward Earnings ratio of 8.22.
AVT's Price/Forward Earnings ratio is rather cheap when compared to the industry. AVT is cheaper than 95.20% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of AVT to the average of the S&P500 Index (36.10), we can say AVT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.78 | ||
| Fwd PE | 8.22 |
4.2 Price Multiples
AVT's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. AVT is cheaper than 87.20% of the companies in the same industry.
92.00% 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 | 12.12 | ||
| EV/EBITDA | 9.97 |
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.
AVT's earnings are expected to grow with 28.28% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.59
PEG (5Y)1.32
EPS Next 2Y32.56%
EPS Next 3Y28.28%
5. Dividend
5.1 Amount
AVT has a Yearly Dividend Yield of 2.85%.
AVT's Dividend Yield is rather good when compared to the industry average which is at 2.36. AVT pays more dividend than 96.80% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, AVT pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.85% |
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.
AVT's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP48.46%
EPS Next 2Y32.56%
EPS Next 3Y28.28%
49.67
+0.54 (+1.1%)
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 Cap4.04B
Revenue(TTM)22.50B
Net Income(TTM)233.01M
Analysts49.23
Price Target54.06 (8.84%)
Short Float %9.51%
Short Ratio9.68
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.85% |
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 | 14.78 | ||
| Fwd PE | 8.22 | ||
| P/S | 0.18 | ||
| P/FCF | 12.12 | ||
| P/OCF | 8.53 | ||
| P/B | 0.83 | ||
| P/tB | 1 | ||
| EV/EBITDA | 9.97 |
EPS(TTM)3.36
EY6.76%
EPS(NY)6.04
Fwd EY12.17%
FCF(TTM)4.1
FCFY8.25%
OCF(TTM)5.82
OCFY11.72%
SpS276.59
BVpS59.61
TBVpS49.55
PEG (NY)0.59
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
WACC10.67%
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 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 14.78 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 24.89% in the next year.