VIAVI SOLUTIONS INC (VIAV) Stock Fundamental Analysis

NASDAQ:VIAV • US9255501051

26.3 USD
+0.01 (+0.04%)
At close: Feb 17, 2026
26.3 USD
0 (0%)
After Hours: 2/17/2026, 8:00:02 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

Taking everything into account, VIAV scores 4 out of 10 in our fundamental rating. VIAV was compared to 48 industry peers in the Communications Equipment industry. VIAV has only an average score on both its financial health and profitability. 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

  • VIAV had positive earnings in the past year.
  • In the past year VIAV had a positive cash flow from operations.
  • 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 of -1.51%. This is comparable to the rest of the industry: VIAV outperforms 50.00% of its industry peers.
  • 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 11.27%.
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

  • VIAV's Profit Margin has declined in the last couple of years.
  • The Operating Margin of VIAV (3.37%) is comparable to the rest of the industry.
  • 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.
  • 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

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
  • VIAV has less shares outstanding than it did 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 -32.43. 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 -32.43, VIAV is not doing good in the industry: 85.42% of the companies in the same industry are doing better.
  • 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.
  • VIAV has a Debt to FCF ratio of 16.40. This is comparable to the rest of the industry: VIAV outperforms 43.75% of its industry peers.
  • A Debt/Equity ratio of 1.48 is on the high side and indicates that VIAV has dependencies on debt 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 -32.43
ROIC/WACC0.16
WACC9.19%
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's Current ratio of 2.61 is fine compared to the rest 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.
  • With a decent Quick ratio value of 2.32, VIAV is doing good in the industry, outperforming 79.17% of the companies in the same industry.
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

  • 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.
  • The Earnings Per Share has been decreasing by -8.43% on average over the past years.
  • Looking at the last year, VIAV shows a very strong growth in Revenue. 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

  • With a Price/Earnings ratio of 40.46, VIAV can be considered very expensive at the moment.
  • VIAV's Price/Earnings ratio is a bit cheaper when compared to the industry. VIAV is cheaper than 60.42% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 27.16, VIAV is valued a bit more expensive.
  • VIAV is valuated quite expensively with a Price/Forward Earnings ratio of 25.59.
  • VIAV's Price/Forward Earnings is on the same level as the industry average.
  • When comparing the Price/Forward Earnings ratio of VIAV to the average of the S&P500 Index (28.10), we can say VIAV is valued inline with the index average.
Industry RankSector Rank
PE 40.46
Fwd PE 25.59
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

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as VIAV.
  • VIAV's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. VIAV is more expensive than 62.50% of the companies in the same industry.
Industry RankSector Rank
P/FCF 77.33
EV/EBITDA 53.52
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)0.5
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 (2/17/2026, 8:00:02 PM)

After market: 26.3 0 (0%)

26.3

+0.01 (+0.04%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)01-28
Earnings (Next)04-29
Inst Owners101.94%
Inst Owner Change1.27%
Ins Owners1.57%
Ins Owner Change-5.01%
Market Cap6.09B
Revenue(TTM)1.24B
Net Income(TTM)-42.00M
Analysts82.86
Price Target26.59 (1.1%)
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)39.31%
PT rev (3m)78.92%
EPS NQ rev (1m)50.84%
EPS NQ rev (3m)59.45%
EPS NY rev (1m)24.3%
EPS NY rev (3m)31.77%
Revenue NQ rev (1m)11.21%
Revenue NQ rev (3m)11.21%
Revenue NY rev (1m)5.73%
Revenue NY rev (3m)5.73%
Valuation
Industry RankSector Rank
PE 40.46
Fwd PE 25.59
P/S 4.89
P/FCF 77.33
P/OCF 57.9
P/B 7.29
P/tB N/A
EV/EBITDA 53.52
EPS(TTM)0.65
EY2.47%
EPS(NY)1.03
Fwd EY3.91%
FCF(TTM)0.34
FCFY1.29%
OCF(TTM)0.45
OCFY1.73%
SpS5.37
BVpS3.61
TBVpS-1.25
PEG (NY)0.5
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 -32.43
F-Score4
WACC9.19%
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 Y81.48%
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 40.46 and the Price/Book (PB) ratio is 7.29.


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.