VIAVI SOLUTIONS INC (VIAV) Fundamental Analysis & Valuation

NASDAQ:VIAV • US9255501051

Current stock price

31.44 USD
-2.81 (-8.2%)
At close:
31.98 USD
+0.54 (+1.72%)
After Hours:

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

  • In the past year VIAV was profitable.
  • VIAV had a positive operating cash flow in the past year.
  • Of the past 5 years VIAV 4 years were profitable.
  • 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

  • VIAV has a Return On Assets (-1.51%) which is comparable to the rest of the industry.
  • VIAV has a Return On Equity of -5.03%. This is comparable to the rest of the industry: VIAV outperforms 45.83% of its industry peers.
  • With a Return On Invested Capital value of 1.45%, VIAV perfoms like the industry average, outperforming 54.17% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for VIAV is significantly below the industry average of 10.05%.
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 of 3.37%. This is in the better half of the industry: VIAV outperforms 60.42% 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 75.00% of its industry peers.
  • 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

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), VIAV is destroying value.
  • Compared to 1 year ago, VIAV has more shares outstanding
  • Compared to 5 years ago, VIAV has less shares outstanding
  • VIAV has a better debt/assets ratio than last year.
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 -31.86, we must say that VIAV is in the distress zone and has some risk of bankruptcy.
  • VIAV's Altman-Z score of -31.86 is on the low side compared to the rest of the industry. VIAV is outperformed by 85.42% of its industry peers.
  • The Debt to FCF ratio of VIAV is 16.40, which is on the high side as it means it would take VIAV, 16.40 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of VIAV (16.40) is comparable to the rest of the 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 85.42% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.48
Debt/FCF 16.4
Altman-Z -31.86
ROIC/WACC0.16
WACC9.29%
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.
  • Looking at the Current ratio, with a value of 2.61, VIAV is in the better half of the industry, outperforming 66.67% 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 79.17% 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.
  • Measured over the past years, VIAV shows a decrease in Earnings Per Share. The EPS has been decreasing by -8.43% on average per year.
  • Looking at the last year, VIAV shows a very strong growth in Revenue. The Revenue has grown by 23.51%.
  • The Revenue has been decreasing by -0.93% on average over the past years.
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
  • VIAV is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.63% yearly.
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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3

4. VIAV Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 48.37 indicates a quite expensive valuation of VIAV.
  • VIAV's Price/Earnings ratio is in line with the industry average.
  • VIAV is valuated expensively when we compare the Price/Earnings ratio to 25.73, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 30.59 indicates a quite expensive valuation of VIAV.
  • 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 rather expensively when we compare the Price/Forward Earnings ratio to 23.72, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 48.37
Fwd PE 30.59
VIAV Price Earnings VS Forward Price EarningsVIAV Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of VIAV is on the same level as its industry peers.
  • Based on the Price/Free Cash Flow ratio, VIAV is valued a bit more expensive than 60.42% of the companies in the same industry.
Industry RankSector Rank
P/FCF 92.44
EV/EBITDA 68.45
VIAV Per share dataVIAV EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4

4.3 Compensation for Growth

  • VIAV's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • VIAV's earnings are expected to grow with 38.91% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.59
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

  • No dividends for VIAV!.
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 (3/20/2026, 6:28:34 PM)

After market: 31.98 +0.54 (+1.72%)

31.44

-2.81 (-8.2%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)01-28
Earnings (Next)04-29
Inst Owners100.27%
Inst Owner Change-2.43%
Ins Owners1.3%
Ins Owner Change-13.01%
Market Cap7.27B
Revenue(TTM)1.24B
Net Income(TTM)-42.00M
Analysts84
Price Target26.59 (-15.43%)
Short Float %5.28%
Short Ratio2.31
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)0%
PT rev (3m)41.47%
EPS NQ rev (1m)-0.08%
EPS NQ rev (3m)50.72%
EPS NY rev (1m)0.05%
EPS NY rev (3m)24.37%
Revenue NQ rev (1m)0.01%
Revenue NQ rev (3m)11.22%
Revenue NY rev (1m)0%
Revenue NY rev (3m)5.73%
Valuation
Industry RankSector Rank
PE 48.37
Fwd PE 30.59
P/S 5.85
P/FCF 92.44
P/OCF 69.22
P/B 8.72
P/tB N/A
EV/EBITDA 68.45
EPS(TTM)0.65
EY2.07%
EPS(NY)1.03
Fwd EY3.27%
FCF(TTM)0.34
FCFY1.08%
OCF(TTM)0.45
OCFY1.44%
SpS5.37
BVpS3.61
TBVpS-1.25
PEG (NY)0.59
PEG (5Y)N/A
Graham Number7.26
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 -31.86
F-Score4
WACC9.29%
ROIC/WACC0.16
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 3 / 10 to VIAVI SOLUTIONS INC (VIAV). This can be considered as Overvalued.


Can you provide the profitability details for VIAVI SOLUTIONS INC?

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


Can you provide the PE and PB ratios for VIAV stock?

The Price/Earnings (PE) ratio for VIAVI SOLUTIONS INC (VIAV) is 48.37 and the Price/Book (PB) ratio is 8.72.


Can you provide the expected EPS growth for VIAV stock?

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