AVIAT NETWORKS INC (AVNW) Fundamental Analysis & Valuation
NASDAQ:AVNW • US05366Y2019
Current stock price
24.62 USD
-0.46 (-1.83%)
At close:
24.62 USD
0 (0%)
After Hours:
This AVNW fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. AVNW Profitability Analysis
1.1 Basic Checks
- AVNW had positive earnings in the past year.
- In the past year AVNW had a positive cash flow from operations.
- Each year in the past 5 years AVNW has been profitable.
- Of the past 5 years AVNW 4 years had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 2.22%, AVNW is in the better half of the industry, outperforming 64.58% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 5.38%, AVNW is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
- With a decent Return On Invested Capital value of 6.62%, AVNW is doing good in the industry, outperforming 72.92% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for AVNW is below the industry average of 10.40%.
- The last Return On Invested Capital (6.62%) for AVNW is above the 3 year average (6.30%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.22% | ||
| ROE | 5.38% | ||
| ROIC | 6.62% |
ROA(3y)1.79%
ROA(5y)9.78%
ROE(3y)3.31%
ROE(5y)16.1%
ROIC(3y)6.3%
ROIC(5y)7.79%
1.3 Margins
- AVNW's Profit Margin of 3.27% is fine compared to the rest of the industry. AVNW outperforms 62.50% of its industry peers.
- In the last couple of years the Profit Margin of AVNW has grown nicely.
- The Operating Margin of AVNW (7.36%) is better than 75.00% of its industry peers.
- AVNW's Operating Margin has been stable in the last couple of years.
- AVNW's Gross Margin of 33.69% is on the low side compared to the rest of the industry. AVNW is outperformed by 64.58% of its industry peers.
- AVNW's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.36% | ||
| PM (TTM) | 3.27% | ||
| GM | 33.69% |
OM growth 3Y-30.05%
OM growth 5Y1.03%
PM growth 3Y-64.67%
PM growth 5Y19.67%
GM growth 3Y-3.8%
GM growth 5Y-2%
2. AVNW Health Analysis
2.1 Basic Checks
- AVNW has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- AVNW has more shares outstanding than it did 1 year ago.
- Compared to 5 years ago, AVNW has more shares outstanding
- Compared to 1 year ago, AVNW has a worse debt to assets ratio.
2.2 Solvency
- AVNW has an Altman-Z score of 0.53. This is a bad value and indicates that AVNW is not financially healthy and even has some risk of bankruptcy.
- Looking at the Altman-Z score, with a value of 0.53, AVNW is doing worse than 62.50% of the companies in the same industry.
- AVNW has a debt to FCF ratio of 6.55. This is a slightly negative value and a sign of low solvency as AVNW would need 6.55 years to pay back of all of its debts.
- The Debt to FCF ratio of AVNW (6.55) is comparable to the rest of the industry.
- A Debt/Equity ratio of 0.37 indicates that AVNW is not too dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.37, AVNW is doing worse than 70.83% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 6.55 | ||
| Altman-Z | 0.53 |
ROIC/WACC0.67
WACC9.94%
2.3 Liquidity
- AVNW has a Current Ratio of 1.85. This is a normal value and indicates that AVNW is financially healthy and should not expect problems in meeting its short term obligations.
- With a Current ratio value of 1.85, AVNW perfoms like the industry average, outperforming 41.67% of the companies in the same industry.
- A Quick Ratio of 1.56 indicates that AVNW should not have too much problems paying its short term obligations.
- AVNW has a Quick ratio of 1.56. This is comparable to the rest of the industry: AVNW outperforms 47.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.85 | ||
| Quick Ratio | 1.56 |
3. AVNW Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an impressive 91.43% over the past year.
- AVNW shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 17.38% yearly.
- Looking at the last year, AVNW shows a small growth in Revenue. The Revenue has grown by 3.39% in the last year.
- Measured over the past years, AVNW shows a quite strong growth in Revenue. The Revenue has been growing by 12.74% on average per year.
EPS 1Y (TTM)91.43%
EPS 3Y-15.18%
EPS 5Y17.38%
EPS Q2Q%-34.15%
Revenue 1Y (TTM)3.39%
Revenue growth 3Y12.78%
Revenue growth 5Y12.74%
Sales Q2Q%-5.48%
3.2 Future
- Based on estimates for the next years, AVNW will show a small growth in Earnings Per Share. The EPS will grow by 4.06% on average per year.
- The Revenue is expected to grow by 6.28% on average over the next years.
EPS Next Y47.87%
EPS Next 2Y39.62%
EPS Next 3Y4.06%
EPS Next 5YN/A
Revenue Next Year3.64%
Revenue Next 2Y5.32%
Revenue Next 3Y6.16%
Revenue Next 5Y6.28%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. AVNW Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 9.19 indicates a reasonable valuation of AVNW.
- Based on the Price/Earnings ratio, AVNW is valued cheaper than 95.83% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 25.71, AVNW is valued rather cheaply.
- The Price/Forward Earnings ratio is 7.61, which indicates a rather cheap valuation of AVNW.
- Based on the Price/Forward Earnings ratio, AVNW is valued cheaper than 100.00% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of AVNW to the average of the S&P500 Index (23.83), we can say AVNW is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.19 | ||
| Fwd PE | 7.61 |
4.2 Price Multiples
- AVNW's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. AVNW is cheaper than 85.42% of the companies in the same industry.
- 70.83% of the companies in the same industry are more expensive than AVNW, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.75 | ||
| EV/EBITDA | 8.49 |
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.
- The decent profitability rating of AVNW may justify a higher PE ratio.
PEG (NY)0.19
PEG (5Y)0.53
EPS Next 2Y39.62%
EPS Next 3Y4.06%
5. AVNW Dividend Analysis
5.1 Amount
- AVNW does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
AVNW Fundamentals: All Metrics, Ratios and Statistics
24.62
-0.46 (-1.83%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)02-03 2026-02-03/bmo
Earnings (Next)05-04 2026-05-04
Inst Owners80.26%
Inst Owner Change2.54%
Ins Owners3.61%
Ins Owner Change1.59%
Market Cap317.60M
Revenue(TTM)446.77M
Net Income(TTM)14.61M
Analysts81.54
Price Target35.55 (44.39%)
Short Float %4.55%
Short Ratio4.46
Dividend
| Industry Rank | Sector 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)19.66%
Min EPS beat(2)5.92%
Max EPS beat(2)33.41%
EPS beat(4)4
Avg EPS beat(4)79.37%
Min EPS beat(4)5.92%
Max EPS beat(4)203.78%
EPS beat(8)7
Avg EPS beat(8)422.51%
EPS beat(12)9
Avg EPS beat(12)282.98%
EPS beat(16)12
Avg EPS beat(16)214.45%
Revenue beat(2)1
Avg Revenue beat(2)1.2%
Min Revenue beat(2)-0.13%
Max Revenue beat(2)2.52%
Revenue beat(4)2
Avg Revenue beat(4)1.59%
Min Revenue beat(4)-1.39%
Max Revenue beat(4)5.34%
Revenue beat(8)4
Avg Revenue beat(8)1%
Revenue beat(12)6
Avg Revenue beat(12)0.45%
Revenue beat(16)8
Avg Revenue beat(16)0.54%
PT rev (1m)-0.81%
PT rev (3m)-0.81%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-27.1%
EPS NY rev (1m)-2.37%
EPS NY rev (3m)-2.37%
Revenue NQ rev (1m)-0.87%
Revenue NQ rev (3m)-3.47%
Revenue NY rev (1m)-0.13%
Revenue NY rev (3m)-0.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.19 | ||
| Fwd PE | 7.61 | ||
| P/S | 0.71 | ||
| P/FCF | 19.75 | ||
| P/OCF | 13.06 | ||
| P/B | 1.17 | ||
| P/tB | 1.4 | ||
| EV/EBITDA | 8.49 |
EPS(TTM)2.68
EY10.89%
EPS(NY)3.24
Fwd EY13.14%
FCF(TTM)1.25
FCFY5.06%
OCF(TTM)1.88
OCFY7.65%
SpS34.63
BVpS21.06
TBVpS17.59
PEG (NY)0.19
PEG (5Y)0.53
Graham Number35.63
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.22% | ||
| ROE | 5.38% | ||
| ROCE | 8.38% | ||
| ROIC | 6.62% | ||
| ROICexc | 8.49% | ||
| ROICexgc | 9.95% | ||
| OM | 7.36% | ||
| PM (TTM) | 3.27% | ||
| GM | 33.69% | ||
| FCFM | 3.6% |
ROA(3y)1.79%
ROA(5y)9.78%
ROE(3y)3.31%
ROE(5y)16.1%
ROIC(3y)6.3%
ROIC(5y)7.79%
ROICexc(3y)7.36%
ROICexc(5y)9.6%
ROICexgc(3y)8.1%
ROICexgc(5y)10.04%
ROCE(3y)7.98%
ROCE(5y)9.86%
ROICexgc growth 3Y-29.93%
ROICexgc growth 5Y-16.07%
ROICexc growth 3Y-33.88%
ROICexc growth 5Y-18.94%
OM growth 3Y-30.05%
OM growth 5Y1.03%
PM growth 3Y-64.67%
PM growth 5Y19.67%
GM growth 3Y-3.8%
GM growth 5Y-2%
F-Score6
Asset Turnover0.68
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 6.55 | ||
| Debt/EBITDA | 2.55 | ||
| Cap/Depr | 121.71% | ||
| Cap/Sales | 1.84% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 61.35% | ||
| Profit Quality | 110.1% | ||
| Current Ratio | 1.85 | ||
| Quick Ratio | 1.56 | ||
| Altman-Z | 0.53 |
F-Score6
WACC9.94%
ROIC/WACC0.67
Cap/Depr(3y)475.32%
Cap/Depr(5y)303.81%
Cap/Sales(3y)7.26%
Cap/Sales(5y)4.68%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)91.43%
EPS 3Y-15.18%
EPS 5Y17.38%
EPS Q2Q%-34.15%
EPS Next Y47.87%
EPS Next 2Y39.62%
EPS Next 3Y4.06%
EPS Next 5YN/A
Revenue 1Y (TTM)3.39%
Revenue growth 3Y12.78%
Revenue growth 5Y12.74%
Sales Q2Q%-5.48%
Revenue Next Year3.64%
Revenue Next 2Y5.32%
Revenue Next 3Y6.16%
Revenue Next 5Y6.28%
EBIT growth 1Y742.72%
EBIT growth 3Y-21.12%
EBIT growth 5Y13.9%
EBIT Next Year79.33%
EBIT Next 3Y38.14%
EBIT Next 5Y29.05%
FCF growth 1Y165.47%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y78.37%
OCF growth 3Y27.04%
OCF growth 5Y-20.03%
AVIAT NETWORKS INC / AVNW Fundamental Analysis FAQ
What is the ChartMill fundamental rating of AVIAT NETWORKS INC (AVNW) stock?
ChartMill assigns a fundamental rating of 5 / 10 to AVNW.
Can you provide the valuation status for AVIAT NETWORKS INC?
ChartMill assigns a valuation rating of 8 / 10 to AVIAT NETWORKS INC (AVNW). This can be considered as Undervalued.
How profitable is AVIAT NETWORKS INC (AVNW) stock?
AVIAT NETWORKS INC (AVNW) has a profitability rating of 6 / 10.
How financially healthy is AVIAT NETWORKS INC?
The financial health rating of AVIAT NETWORKS INC (AVNW) is 2 / 10.
Can you provide the expected EPS growth for AVNW stock?
The Earnings per Share (EPS) of AVIAT NETWORKS INC (AVNW) is expected to grow by 47.87% in the next year.