27.04 USD
0 (0%)
27.06 USD
+0.02 (+0.07%)
AVID gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 35 industry peers in the Technology Hardware, Storage & Peripherals industry. AVID scores excellent on profitability, but there are concerns on its financial health. AVID has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
AVID had positive earnings in the past year.
In the past year AVID had a positive cash flow from operations.
Of the past 5 years AVID 4 years were profitable.
AVID had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of AVID (10.99%) is better than 84.85% of its industry peers.
With an excellent Return On Invested Capital value of 23.90%, AVID belongs to the best of the industry, outperforming 87.88% of the companies in the same industry.
AVID had an Average Return On Invested Capital over the past 3 years of 39.28%. This is significantly above the industry average of 15.30%.
The 3 year average ROIC (39.28%) for AVID is well above the current ROIC(23.90%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.99% | ||
| ROE | N/A | ||
| ROIC | 23.9% |
ROA(3y)12.65%
ROA(5y)7.29%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)39.28%
ROIC(5y)32.99%
1.3 Margins
With an excellent Profit Margin value of 7.59%, AVID belongs to the best of the industry, outperforming 84.85% of the companies in the same industry.
AVID's Profit Margin has improved in the last couple of years.
The Operating Margin of AVID (9.21%) is better than 78.79% of its industry peers.
AVID's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 64.13%, AVID belongs to the best of the industry, outperforming 84.85% of the companies in the same industry.
AVID's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.21% | ||
| PM (TTM) | 7.59% | ||
| GM | 64.13% |
OM growth 3Y17.93%
OM growth 5Y34.72%
PM growth 3Y92.84%
PM growth 5YN/A
GM growth 3Y2.82%
GM growth 5Y2.62%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so AVID is creating value.
AVID has less shares outstanding than it did 1 year ago.
The debt/assets ratio for AVID is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -1.47, we must say that AVID is in the distress zone and has some risk of bankruptcy.
AVID has a worse Altman-Z score (-1.47) than 78.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Altman-Z | -1.47 |
ROIC/WACC2.6
WACC9.19%
2.3 Liquidity
A Current Ratio of 1.06 indicates that AVID should not have too much problems paying its short term obligations.
AVID has a Current ratio of 1.06. This is in the lower half of the industry: AVID underperforms 78.79% of its industry peers.
A Quick Ratio of 0.89 indicates that AVID may have some problems paying its short term obligations.
AVID has a worse Quick ratio (0.89) than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.89 |
3. Growth
3.1 Past
AVID shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -9.09%.
The Earnings Per Share has been growing by 28.20% on average over the past years. This is a very strong growth
Looking at the last year, AVID shows a small growth in Revenue. The Revenue has grown by 1.53% in the last year.
Measured over the past years, AVID shows a decrease in Revenue. The Revenue has been decreasing by -0.08% on average per year.
EPS 1Y (TTM)-9.09%
EPS 3Y40.68%
EPS 5Y28.2%
EPS Q2Q%-15.38%
Revenue 1Y (TTM)1.53%
Revenue growth 3Y0.45%
Revenue growth 5Y-0.08%
Sales Q2Q%11.12%
3.2 Future
The Earnings Per Share is expected to grow by 18.30% on average over the next years. This is quite good.
The Revenue is expected to grow by 9.18% on average over the next years. This is quite good.
EPS Next Y10.99%
EPS Next 2Y18.3%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year8.15%
Revenue Next 2Y9.51%
Revenue Next 3YN/A
Revenue Next 5Y9.18%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 22.53, which indicates a rather expensive current valuation of AVID.
Based on the Price/Earnings ratio, AVID is valued a bit cheaper than 69.70% of the companies in the same industry.
AVID is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.49, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 13.61, AVID is valued correctly.
Based on the Price/Forward Earnings ratio, AVID is valued a bit cheaper than 63.64% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of AVID to the average of the S&P500 Index (23.69), we can say AVID is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.53 | ||
| Fwd PE | 13.61 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as AVID.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 28.25 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
AVID has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as AVID's earnings are expected to grow with 18.30% in the coming years.
PEG (NY)2.05
PEG (5Y)0.8
EPS Next 2Y18.3%
EPS Next 3YN/A
5. Dividend
5.1 Amount
AVID does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
27.04
0 (0%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)
Earnings (Next)
Inst Owners0.08%
Inst Owner Change0%
Ins Owners5.81%
Ins Owner Change0%
Market Cap1.19B
Revenue(TTM)425.44M
Net Income(TTM)32.30M
Analysts50
Price Target27.57 (1.96%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)1
Avg EPS beat(2)-18.3%
Min EPS beat(2)-41.21%
Max EPS beat(2)4.62%
EPS beat(4)2
Avg EPS beat(4)-6.45%
Min EPS beat(4)-41.21%
Max EPS beat(4)18.33%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-1.1%
Min Revenue beat(2)-5.06%
Max Revenue beat(2)2.86%
Revenue beat(4)1
Avg Revenue beat(4)-1.87%
Min Revenue beat(4)-5.06%
Max Revenue beat(4)2.86%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-25.95%
EPS NQ rev (1m)-3.06%
EPS NQ rev (3m)-4.18%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.63%
Revenue NQ rev (1m)-1.12%
Revenue NQ rev (3m)-1.81%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.53 | ||
| Fwd PE | 13.61 | ||
| P/S | 2.8 | ||
| P/FCF | N/A | ||
| P/OCF | 71.65 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 28.25 |
EPS(TTM)1.2
EY4.44%
EPS(NY)1.99
Fwd EY7.35%
FCF(TTM)-0.03
FCFYN/A
OCF(TTM)0.38
OCFY1.4%
SpS9.66
BVpS-2.7
TBVpS-3.44
PEG (NY)2.05
PEG (5Y)0.8
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.99% | ||
| ROE | N/A | ||
| ROCE | 30.26% | ||
| ROIC | 23.9% | ||
| ROICexc | 32.24% | ||
| ROICexgc | 48.84% | ||
| OM | 9.21% | ||
| PM (TTM) | 7.59% | ||
| GM | 64.13% | ||
| FCFM | N/A |
ROA(3y)12.65%
ROA(5y)7.29%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)39.28%
ROIC(5y)32.99%
ROICexc(3y)111.97%
ROICexc(5y)103.25%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)49.72%
ROCE(5y)41.76%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y-14.81%
ROICexc growth 5YN/A
OM growth 3Y17.93%
OM growth 5Y34.72%
PM growth 3Y92.84%
PM growth 5YN/A
GM growth 3Y2.82%
GM growth 5Y2.62%
F-Score5
Asset Turnover1.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.17 | ||
| Cap/Depr | 192.33% | ||
| Cap/Sales | 4.21% | ||
| Interest Coverage | 3.52 | ||
| Cash Conversion | 34.26% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.06 | ||
| Quick Ratio | 0.89 | ||
| Altman-Z | -1.47 |
F-Score5
WACC9.19%
ROIC/WACC2.6
Cap/Depr(3y)110.96%
Cap/Depr(5y)86.55%
Cap/Sales(3y)2.3%
Cap/Sales(5y)2.21%
Profit Quality(3y)166.41%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-9.09%
EPS 3Y40.68%
EPS 5Y28.2%
EPS Q2Q%-15.38%
EPS Next Y10.99%
EPS Next 2Y18.3%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)1.53%
Revenue growth 3Y0.45%
Revenue growth 5Y-0.08%
Sales Q2Q%11.12%
Revenue Next Year8.15%
Revenue Next 2Y9.51%
Revenue Next 3YN/A
Revenue Next 5Y9.18%
EBIT growth 1Y-22.13%
EBIT growth 3Y18.47%
EBIT growth 5Y34.61%
EBIT Next Year24.94%
EBIT Next 3YN/A
EBIT Next 5Y19.35%
FCF growth 1Y-102.04%
FCF growth 3Y38.25%
FCF growth 5Y100.95%
OCF growth 1Y-75.41%
OCF growth 3Y34.81%
OCF growth 5Y40.09%
AVID TECHNOLOGY INC / AVID FAQ
What is the fundamental rating for AVID stock?
ChartMill assigns a fundamental rating of 5 / 10 to AVID.
What is the valuation status for AVID stock?
ChartMill assigns a valuation rating of 4 / 10 to AVID TECHNOLOGY INC (AVID). This can be considered as Fairly Valued.
How profitable is AVID TECHNOLOGY INC (AVID) stock?
AVID TECHNOLOGY INC (AVID) has a profitability rating of 8 / 10.
What is the expected EPS growth for AVID TECHNOLOGY INC (AVID) stock?
The Earnings per Share (EPS) of AVID TECHNOLOGY INC (AVID) is expected to grow by 10.99% in the next year.