49.85 USD
-0.05 (-0.1%)
49.85 USD
0 (0%)
AVT gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 125 industry peers in the Electronic Equipment, Instruments & Components industry. AVT has only an average score on both its financial health and profitability. AVT is valued quite cheap, while showing a decent growth score. This is a good combination! 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.
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 comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 4.81%, AVT is in line with its industry, outperforming 58.06% of the companies in the same industry.
With a decent Return On Invested Capital value of 6.49%, AVT is doing good in the industry, outperforming 68.55% 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 8.82%.
| 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
The Profit Margin of AVT (1.04%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of AVT has declined.
AVT has a Operating Margin (2.69%) which is in line with its industry peers.
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.
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.
AVT has less shares outstanding than it did 1 year ago.
The number of shares outstanding for AVT has been reduced compared to 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's Altman-Z score of 3.24 is in line compared to the rest of the industry. AVT outperforms 47.58% 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.
AVT's Debt to FCF ratio of 8.96 is in line compared to the rest of the industry. AVT outperforms 54.03% of its industry peers.
A Debt/Equity ratio of 0.60 indicates that 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 79.03% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 8.96 | ||
| Altman-Z | 3.24 |
ROIC/WACC0.59
WACC11.02%
2.3 Liquidity
A Current Ratio of 2.36 indicates that AVT has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.36, AVT is in line with its industry, outperforming 50.81% 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 Quick ratio of 1.12. This is in the lower half of the industry: AVT underperforms 74.19% 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.
AVT shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.23% yearly.
Looking at the last year, AVT shows a decrease in Revenue. The Revenue has decreased by -2.30% in the last 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
The Revenue is expected to grow by 6.30% on average over the next years.
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
AVT is valuated correctly with a Price/Earnings ratio of 14.84.
87.90% of the companies in the same industry are more expensive than AVT, based on the Price/Earnings ratio.
AVT is valuated rather cheaply when we compare the Price/Earnings ratio to 27.19, which is the current average of the S&P500 Index.
AVT is valuated cheaply with a Price/Forward Earnings ratio of 7.95.
AVT's Price/Forward Earnings ratio is rather cheap when compared to the industry. AVT is cheaper than 96.77% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of AVT to the average of the S&P500 Index (23.92), we can say AVT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.84 | ||
| Fwd PE | 7.95 |
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.
Based on the Price/Free Cash Flow ratio, AVT is valued cheaply inside the industry as 92.74% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.16 | ||
| EV/EBITDA | 10.05 |
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)0.54
PEG (5Y)1.32
EPS Next 2Y35.03%
EPS Next 3Y28.28%
5. Dividend
5.1 Amount
AVT has a Yearly Dividend Yield of 2.81%. Purely for dividend investing, there may be better candidates out there.
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 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.81% |
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
AVT pays out 48.46% of its income as dividend. 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 2Y35.03%
EPS Next 3Y28.28%
49.85
-0.05 (-0.1%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners110.51%
Inst Owner Change0.13%
Ins Owners0.67%
Ins Owner Change1.63%
Market Cap4.05B
Revenue(TTM)22.50B
Net Income(TTM)233.01M
Analysts49.23
Price Target54.06 (8.45%)
Short Float %10.34%
Short Ratio9.72
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.81% |
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)-3.83%
EPS NY rev (1m)0.07%
EPS NY rev (3m)-2.13%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.96%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.84 | ||
| Fwd PE | 7.95 | ||
| P/S | 0.18 | ||
| P/FCF | 12.16 | ||
| P/OCF | 8.56 | ||
| P/B | 0.84 | ||
| P/tB | 1.01 | ||
| EV/EBITDA | 10.05 |
EPS(TTM)3.36
EY6.74%
EPS(NY)6.27
Fwd EY12.58%
FCF(TTM)4.1
FCFY8.22%
OCF(TTM)5.82
OCFY11.68%
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
WACC11.02%
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 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%.