VIAVI SOLUTIONS INC (VIAV) Fundamental Analysis & Valuation

NASDAQ:VIAV • US9255501051

Current stock price

42.65 USD
-2.27 (-5.05%)
Last:

This VIAV fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

4

1. VIAV Profitability Analysis

1.1 Basic Checks

  • VIAV had positive earnings in the past year.
  • In the past year VIAV had a positive cash flow from operations.
  • VIAV had positive earnings in 4 of the past 5 years.
  • VIAV had a positive operating cash flow in each of the past 5 years.
VIAV Yearly Net Income VS EBIT VS OCF VS FCFVIAV Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M 200M

1.2 Ratios

  • The Return On Assets of VIAV (-1.51%) is comparable to the rest of the industry.
  • VIAV has a Return On Equity (-5.03%) which is in line with its industry peers.
  • VIAV has a Return On Invested Capital (1.45%) which is in line with its industry peers.
  • The Average Return On Invested Capital over the past 3 years for VIAV is significantly below the industry average of 10.45%.
Industry RankSector Rank
ROA -1.51%
ROE -5.03%
ROIC 1.45%
ROA(3y)0.55%
ROA(5y)1.19%
ROE(3y)1.46%
ROE(5y)3.1%
ROIC(3y)3.35%
ROIC(5y)5.84%
VIAV Yearly ROA, ROE, ROICVIAV Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20

1.3 Margins

  • In the last couple of years the Profit Margin of VIAV has declined.
  • VIAV's Operating Margin of 3.37% is in line compared to the rest of the industry. VIAV outperforms 56.52% of its industry peers.
  • In the last couple of years the Operating Margin of VIAV has declined.
  • The Gross Margin of VIAV (56.59%) is better than 73.91% of its industry peers.
  • In the last couple of years the Gross Margin of VIAV has remained more or less at the same level.
Industry RankSector Rank
OM 3.37%
PM (TTM) N/A
GM 56.59%
OM growth 3Y-27.88%
OM growth 5Y-12.89%
PM growth 3Y38.83%
PM growth 5Y-5.74%
GM growth 3Y-1.45%
GM growth 5Y-0.44%
VIAV Yearly Profit, Operating, Gross MarginsVIAV Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. VIAV Health Analysis

2.1 Basic Checks

  • VIAV 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 VIAV has been increased compared to 1 year ago.
  • The number of shares outstanding for VIAV has been reduced compared to 5 years ago.
  • Compared to 1 year ago, VIAV has an improved debt to assets ratio.
VIAV Yearly Shares OutstandingVIAV Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M
VIAV Yearly Total Debt VS Total AssetsVIAV Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B

2.2 Solvency

  • VIAV has an Altman-Z score of -31.10. This is a bad value and indicates that VIAV is not financially healthy and even has some risk of bankruptcy.
  • With a Altman-Z score value of -31.10, VIAV is not doing good in the industry: 89.13% of the companies in the same industry are doing better.
  • VIAV has a debt to FCF ratio of 16.40. This is a negative value and a sign of low solvency as VIAV would need 16.40 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 16.40, VIAV is doing worse than 63.04% of the companies in the same industry.
  • VIAV has a Debt/Equity ratio of 1.48. This is a high value indicating a heavy dependency on external financing.
  • Looking at the Debt to Equity ratio, with a value of 1.48, VIAV is doing worse than 84.78% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.48
Debt/FCF 16.4
Altman-Z -31.1
ROIC/WACC0.15
WACC9.68%
VIAV Yearly LT Debt VS Equity VS FCFVIAV Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M

2.3 Liquidity

  • VIAV has a Current Ratio of 2.61. This indicates that VIAV is financially healthy and has no problem in meeting its short term obligations.
  • With a decent Current ratio value of 2.61, VIAV is doing good in the industry, outperforming 60.87% of the companies in the same industry.
  • VIAV has a Quick Ratio of 2.32. This indicates that VIAV is financially healthy and has no problem in meeting its short term obligations.
  • VIAV has a better Quick ratio (2.32) than 76.09% of its industry peers.
Industry RankSector Rank
Current Ratio 2.61
Quick Ratio 2.32
VIAV Yearly Current Assets VS Current LiabilitesVIAV Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. VIAV Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 96.97% over the past year.
  • The Earnings Per Share has been decreasing by -8.43% on average over the past years.
  • The Revenue has grown by 23.51% in the past year. This is a very strong growth!
  • VIAV shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.93% yearly.
EPS 1Y (TTM)96.97%
EPS 3Y-20.63%
EPS 5Y-8.43%
EPS Q2Q%69.23%
Revenue 1Y (TTM)23.51%
Revenue growth 3Y-5.68%
Revenue growth 5Y-0.93%
Sales Q2Q%36.37%

3.2 Future

  • The Earnings Per Share is expected to grow by 38.91% on average over the next years. This is a very strong growth
  • Based on estimates for the next years, VIAV will show a quite strong growth in Revenue. The Revenue will grow by 16.63% on average per year.
EPS Next Y81.58%
EPS Next 2Y47.89%
EPS Next 3Y38.91%
EPS Next 5YN/A
Revenue Next Year35.82%
Revenue Next 2Y22.59%
Revenue Next 3Y16.63%
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.
  • 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.
VIAV Yearly Revenue VS EstimatesVIAV Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 500M 1B 1.5B
VIAV Yearly EPS VS EstimatesVIAV Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0.2 0.4 0.6 0.8 1

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Find the best growth stocksShow best growing peers

2

4. VIAV Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 65.62 indicates a quite expensive valuation of VIAV.
  • Compared to the rest of the industry, the Price/Earnings ratio of VIAV is on the same level as its industry peers.
  • VIAV is valuated expensively when we compare the Price/Earnings ratio to 27.15, which is the current average of the S&P500 Index.
  • With a Price/Forward Earnings ratio of 41.49, VIAV can be considered very expensive at the moment.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of VIAV is on the same level as its industry peers.
  • VIAV is valuated expensively when we compare the Price/Forward Earnings ratio to 22.12, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 65.62
Fwd PE 41.49
VIAV Price Earnings VS Forward Price EarningsVIAV Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, VIAV is valued a bit more expensive than 60.87% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, VIAV is valued a bit more expensive than the industry average as 63.04% of the companies are valued more cheaply.
Industry RankSector Rank
P/FCF 125.4
EV/EBITDA 88.45
VIAV Per share dataVIAV EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4

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 VIAV's earnings are expected to grow with 38.91% in the coming years.
PEG (NY)0.8
PEG (5Y)N/A
EPS Next 2Y47.89%
EPS Next 3Y38.91%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. VIAV Dividend Analysis

5.1 Amount

  • VIAV does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

VIAV Fundamentals: All Metrics, Ratios and Statistics

VIAVI SOLUTIONS INC

NASDAQ:VIAV (4/28/2026, 1:12:06 PM)

42.65

-2.27 (-5.05%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)01-28
Earnings (Next)04-29
Inst Owners101.23%
Inst Owner Change-0.52%
Ins Owners1.29%
Ins Owner Change-21.2%
Market Cap9.87B
Revenue(TTM)1.24B
Net Income(TTM)-42.00M
Analysts84
Price Target31.55 (-26.03%)
Short Float %6.39%
Short Ratio2.43
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)13.45%
Min EPS beat(2)11.29%
Max EPS beat(2)15.61%
EPS beat(4)4
Avg EPS beat(4)15.36%
Min EPS beat(4)10.7%
Max EPS beat(4)23.84%
EPS beat(8)6
Avg EPS beat(8)10.3%
EPS beat(12)8
Avg EPS beat(12)9.04%
EPS beat(16)11
Avg EPS beat(16)8.59%
Revenue beat(2)0
Avg Revenue beat(2)-0.63%
Min Revenue beat(2)-0.88%
Max Revenue beat(2)-0.38%
Revenue beat(4)0
Avg Revenue beat(4)-0.61%
Min Revenue beat(4)-1.03%
Max Revenue beat(4)-0.13%
Revenue beat(8)1
Avg Revenue beat(8)-0.96%
Revenue beat(12)2
Avg Revenue beat(12)-0.95%
Revenue beat(16)5
Avg Revenue beat(16)-0.8%
PT rev (1m)18.63%
PT rev (3m)62.78%
EPS NQ rev (1m)0%
EPS NQ rev (3m)53.58%
EPS NY rev (1m)0%
EPS NY rev (3m)24.83%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)11.41%
Revenue NY rev (1m)0%
Revenue NY rev (3m)5.73%
Valuation
Industry RankSector Rank
PE 65.62
Fwd PE 41.49
P/S 7.94
P/FCF 125.4
P/OCF 93.9
P/B 11.83
P/tB N/A
EV/EBITDA 88.45
EPS(TTM)0.65
EY1.52%
EPS(NY)1.03
Fwd EY2.41%
FCF(TTM)0.34
FCFY0.8%
OCF(TTM)0.45
OCFY1.06%
SpS5.37
BVpS3.61
TBVpS-1.25
PEG (NY)0.8
PEG (5Y)N/A
Graham Number7.26167 (-82.97%)
Profitability
Industry RankSector Rank
ROA -1.51%
ROE -5.03%
ROCE 1.83%
ROIC 1.45%
ROICexc 2.18%
ROICexgc 8.32%
OM 3.37%
PM (TTM) N/A
GM 56.59%
FCFM 6.33%
ROA(3y)0.55%
ROA(5y)1.19%
ROE(3y)1.46%
ROE(5y)3.1%
ROIC(3y)3.35%
ROIC(5y)5.84%
ROICexc(3y)5%
ROICexc(5y)10.58%
ROICexgc(3y)13.16%
ROICexgc(5y)90.91%
ROCE(3y)4.24%
ROCE(5y)7.4%
ROICexgc growth 3Y-17.05%
ROICexgc growth 5Y-2.08%
ROICexc growth 3Y-33.9%
ROICexc growth 5Y-13.3%
OM growth 3Y-27.88%
OM growth 5Y-12.89%
PM growth 3Y38.83%
PM growth 5Y-5.74%
GM growth 3Y-1.45%
GM growth 5Y-0.44%
F-Score4
Asset Turnover0.45
Health
Industry RankSector Rank
Debt/Equity 1.48
Debt/FCF 16.4
Debt/EBITDA 10.03
Cap/Depr 32.39%
Cap/Sales 2.12%
Interest Coverage 250
Cash Conversion 85.17%
Profit Quality N/A
Current Ratio 2.61
Quick Ratio 2.32
Altman-Z -31.1
F-Score4
WACC9.68%
ROIC/WACC0.15
Cap/Depr(3y)50.36%
Cap/Depr(5y)59.63%
Cap/Sales(3y)3.04%
Cap/Sales(5y)3.82%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)96.97%
EPS 3Y-20.63%
EPS 5Y-8.43%
EPS Q2Q%69.23%
EPS Next Y81.58%
EPS Next 2Y47.89%
EPS Next 3Y38.91%
EPS Next 5YN/A
Revenue 1Y (TTM)23.51%
Revenue growth 3Y-5.68%
Revenue growth 5Y-0.93%
Sales Q2Q%36.37%
Revenue Next Year35.82%
Revenue Next 2Y22.59%
Revenue Next 3Y16.63%
Revenue Next 5YN/A
EBIT growth 1Y31.76%
EBIT growth 3Y-31.98%
EBIT growth 5Y-13.7%
EBIT Next Year109.2%
EBIT Next 3Y41.61%
EBIT Next 5YN/A
FCF growth 1Y-3.2%
FCF growth 3Y-16.26%
FCF growth 5Y-9.78%
OCF growth 1Y-6.16%
OCF growth 3Y-20.41%
OCF growth 5Y-7.91%

VIAVI SOLUTIONS INC / VIAV Fundamental Analysis FAQ

What is the ChartMill fundamental rating of VIAVI SOLUTIONS INC (VIAV) stock?

ChartMill assigns a fundamental rating of 4 / 10 to VIAV.


What is the valuation status for VIAV stock?

ChartMill assigns a valuation rating of 2 / 10 to VIAVI SOLUTIONS INC (VIAV). This can be considered as Overvalued.


What is the profitability of VIAV stock?

VIAVI SOLUTIONS INC (VIAV) has a profitability rating of 4 / 10.


What is the earnings growth outlook for VIAVI SOLUTIONS INC?

The Earnings per Share (EPS) of VIAVI SOLUTIONS INC (VIAV) is expected to grow by 81.58% in the next year.