VIAVI SOLUTIONS INC (VIAV) Stock Fundamental Analysis

NASDAQ:VIAV • US9255501051

29.13 USD
+1.76 (+6.43%)
At close: Feb 24, 2026
29.3 USD
+0.17 (+0.58%)
After Hours: 2/24/2026, 5:27:43 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

VIAV gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 48 industry peers in the Communications Equipment industry. VIAV has an average financial health and profitability rating. While showing a medium growth rate, VIAV is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

4

1. Profitability

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.
  • The Return On Equity of VIAV (-5.03%) is comparable to the rest of the industry.
  • VIAV has a Return On Invested Capital (1.45%) which is in line with its industry peers.
  • VIAV had an Average Return On Invested Capital over the past 3 years of 3.35%. This is significantly below the industry average of 11.26%.
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 comparable to the rest of the industry: VIAV outperforms 58.33% of its industry peers.
  • VIAV's Operating Margin has declined in the last couple of years.
  • With a decent Gross Margin value of 56.59%, VIAV is doing good in the industry, outperforming 75.00% 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

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

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
  • The debt/assets ratio for VIAV has been reduced compared to a year ago.
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 -32.35, we must say that VIAV is in the distress zone and has some risk of bankruptcy.
  • The Altman-Z score of VIAV (-32.35) is worse than 85.42% 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.
  • 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.
  • The Debt to Equity ratio of VIAV (1.48) is worse than 85.42% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.48
Debt/FCF 16.4
Altman-Z -32.35
ROIC/WACC0.15
WACC9.44%
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.
  • VIAV has a Current ratio of 2.61. This is in the better half of the industry: VIAV outperforms 70.83% of its industry peers.
  • 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's Quick ratio of 2.32 is amongst the best of the industry. VIAV outperforms 81.25% 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

More info and screens

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

6

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 96.97% over the past year.
  • VIAV shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -8.43% yearly.
  • VIAV shows a strong growth in Revenue. In the last year, the Revenue has grown by 23.51%.
  • 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

  • VIAV is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 38.91% yearly.
  • 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 Y81.48%
EPS Next 2Y47.87%
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

More info and screens

Find the best growth stocksShow best growing peers

3

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 44.82, the valuation of VIAV can be described as expensive.
  • Compared to the rest of the industry, the Price/Earnings ratio of VIAV indicates a somewhat cheap valuation: VIAV is cheaper than 60.42% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 26.64, VIAV is valued quite expensively.
  • Based on the Price/Forward Earnings ratio of 28.35, the valuation of VIAV can be described as expensive.
  • The rest of the industry has a similar Price/Forward Earnings ratio as VIAV.
  • The average S&P500 Price/Forward Earnings ratio is at 27.75. VIAV is around the same levels.
Industry RankSector Rank
PE 44.82
Fwd PE 28.35
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

  • VIAV's Enterprise Value to EBITDA ratio is in line with the industry average.
  • Based on the Price/Free Cash Flow ratio, VIAV is valued a bit more expensive than the industry average as 62.50% of the companies are valued more cheaply.
Industry RankSector Rank
P/FCF 85.65
EV/EBITDA 55.55
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)0.55
PEG (5Y)N/A
EPS Next 2Y47.87%
EPS Next 3Y38.91%

More info and screens

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

0

5. Dividend

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

VIAVI SOLUTIONS INC

NASDAQ:VIAV (2/24/2026, 5:27:43 PM)

After market: 29.3 +0.17 (+0.58%)

29.13

+1.76 (+6.43%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)01-28
Earnings (Next)04-29
Inst Owners101.94%
Inst Owner Change-2.43%
Ins Owners1.57%
Ins Owner Change-5.35%
Market Cap6.74B
Revenue(TTM)1.24B
Net Income(TTM)-42.00M
Analysts82.86
Price Target26.59 (-8.72%)
Short Float %4.51%
Short Ratio2.38
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)37.22%
PT rev (3m)41.47%
EPS NQ rev (1m)53.7%
EPS NQ rev (3m)59.45%
EPS NY rev (1m)24.77%
EPS NY rev (3m)31.77%
Revenue NQ rev (1m)11.4%
Revenue NQ rev (3m)11.21%
Revenue NY rev (1m)5.73%
Revenue NY rev (3m)5.73%
Valuation
Industry RankSector Rank
PE 44.82
Fwd PE 28.35
P/S 5.42
P/FCF 85.65
P/OCF 64.13
P/B 8.08
P/tB N/A
EV/EBITDA 55.55
EPS(TTM)0.65
EY2.23%
EPS(NY)1.03
Fwd EY3.53%
FCF(TTM)0.34
FCFY1.17%
OCF(TTM)0.45
OCFY1.56%
SpS5.37
BVpS3.61
TBVpS-1.25
PEG (NY)0.55
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 -32.35
F-Score4
WACC9.44%
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 Y81.48%
EPS Next 2Y47.87%
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 Year79.24%
EBIT Next 3Y39.47%
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 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 44.82 and the Price/Book (PB) ratio is 8.08.


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 81.48% in the next year.