VIAVI SOLUTIONS INC (VIAV) Fundamental Analysis & Valuation

NASDAQ:VIAV • US9255501051

Current stock price

44.075 USD
-0.18 (-0.42%)
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.
  • VIAV had a positive operating cash flow in the past year.
  • Of the past 5 years VIAV 4 years were profitable.
  • In the past 5 years VIAV always reported a positive cash flow from operatings.
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

  • VIAV has a Return On Assets of -1.51%. This is comparable to the rest of the industry: VIAV outperforms 47.83% of its industry peers.
  • With a Return On Equity value of -5.03%, VIAV perfoms like the industry average, outperforming 41.30% of the companies in the same industry.
  • VIAV has a Return On Invested Capital (1.45%) which is comparable to the rest of the industry.
  • VIAV had an Average Return On Invested Capital over the past 3 years of 3.35%. This is significantly below the industry average of 10.41%.
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 has a Operating Margin (3.37%) which is comparable to the rest of the industry.
  • In the last couple of years the Operating Margin of VIAV has declined.
  • With a decent Gross Margin value of 56.59%, VIAV is doing good in the industry, outperforming 73.91% of the companies in the same industry.
  • VIAV's Gross Margin has been stable in the last couple of years.
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

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so VIAV is destroying value.
  • Compared to 1 year ago, VIAV has more shares outstanding
  • Compared to 5 years ago, VIAV has less shares outstanding
  • 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

  • Based on the Altman-Z score of -31.14, we must say that VIAV is in the distress zone and has some risk of bankruptcy.
  • VIAV's Altman-Z score of -31.14 is on the low side compared to the rest of the industry. VIAV is outperformed by 89.13% of its industry peers.
  • 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.
  • VIAV has a Debt to FCF ratio of 16.40. This is in the lower half of the industry: VIAV underperforms 63.04% of its industry peers.
  • VIAV has a Debt/Equity ratio of 1.48. This is a high value indicating a heavy dependency on external financing.
  • With a Debt to Equity ratio value of 1.48, VIAV is not doing good in the industry: 86.96% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 1.48
Debt/FCF 16.4
Altman-Z -31.14
ROIC/WACC0.15
WACC9.64%
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.
  • A Quick Ratio of 2.32 indicates that VIAV has no problem at all paying its short term obligations.
  • VIAV's Quick ratio of 2.32 is fine compared to the rest of the industry. VIAV outperforms 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

  • VIAV shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 96.97%, which is quite impressive.
  • VIAV shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -8.43% yearly.
  • Looking at the last year, VIAV shows a very strong growth in Revenue. The Revenue has grown by 23.51%.
  • Measured over the past years, VIAV shows a decrease in Revenue. The Revenue has been decreasing by -0.93% on average per year.
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

  • Based on estimates for the next years, VIAV will show a very strong growth in Earnings Per Share. The EPS will grow by 38.91% on average per year.
  • 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

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
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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2

4. VIAV Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 67.81, VIAV can be considered very expensive at the moment.
  • VIAV's Price/Earnings ratio is in line with the industry average.
  • Compared to an average S&P500 Price/Earnings ratio of 27.66, VIAV is valued quite expensively.
  • VIAV is valuated quite expensively with a Price/Forward Earnings ratio of 42.88.
  • 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 at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 38.00, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 67.81
Fwd PE 42.88
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 the industry average as 60.87% of the companies are valued more cheaply.
  • Based on the Price/Free Cash Flow ratio, VIAV is valued a bit more expensive than 63.04% of the companies in the same industry.
Industry RankSector Rank
P/FCF 129.59
EV/EBITDA 87.22
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)0.83
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%

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Find the best dividend stocksShow peers with best dividend

VIAV Fundamentals: All Metrics, Ratios and Statistics

VIAVI SOLUTIONS INC

NASDAQ:VIAV (4/22/2026, 12:39:05 PM)

44.075

-0.18 (-0.42%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)01-28
Earnings (Next)04-29
Inst Owners101.23%
Inst Owner Change-0.08%
Ins Owners1.29%
Ins Owner Change-21.2%
Market Cap10.20B
Revenue(TTM)1.24B
Net Income(TTM)-42.00M
Analysts84
Price Target31.55 (-28.42%)
Short Float %6.47%
Short Ratio2.49
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)50.72%
EPS NY rev (1m)0%
EPS NY rev (3m)24.37%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)11.22%
Revenue NY rev (1m)0%
Revenue NY rev (3m)5.73%
Valuation
Industry RankSector Rank
PE 67.81
Fwd PE 42.88
P/S 8.2
P/FCF 129.59
P/OCF 97.04
P/B 12.22
P/tB N/A
EV/EBITDA 87.22
EPS(TTM)0.65
EY1.47%
EPS(NY)1.03
Fwd EY2.33%
FCF(TTM)0.34
FCFY0.77%
OCF(TTM)0.45
OCFY1.03%
SpS5.37
BVpS3.61
TBVpS-1.25
PEG (NY)0.83
PEG (5Y)N/A
Graham Number7.26167 (-83.52%)
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 -31.14
F-Score4
WACC9.64%
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.