AVIAT NETWORKS INC (AVNW) Stock Fundamental Analysis

NASDAQ:AVNW • US05366Y2019

24.96 USD
-0.08 (-0.32%)
At close: Feb 13, 2026
24.96 USD
0 (0%)
After Hours: 2/13/2026, 8:00:01 PM
Fundamental Rating

4

AVNW gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 48 industry peers in the Communications Equipment industry. While AVNW is still in line with the averages on profitability rating, there are concerns on its financial health. AVNW scores decently on growth, while it is valued quite cheap. This could make an interesting combination.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • In the past year AVNW was profitable.
  • AVNW had a positive operating cash flow in the past year.
  • AVNW had positive earnings in each of the past 5 years.
  • AVNW had a positive operating cash flow in 4 of the past 5 years.
AVNW Yearly Net Income VS EBIT VS OCF VS FCFAVNW 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 20M -20M 40M 60M 80M 100M

1.2 Ratios

  • AVNW has a better Return On Assets (2.22%) than 64.58% of its industry peers.
  • AVNW has a better Return On Equity (5.38%) than 64.58% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 6.62%, AVNW is in the better half of the industry, outperforming 70.83% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for AVNW is below the industry average of 11.27%.
  • 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 RankSector 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%
AVNW Yearly ROA, ROE, ROICAVNW Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 -40 60

1.3 Margins

  • AVNW has a Profit Margin of 3.27%. This is in the better half of the industry: AVNW outperforms 62.50% of its industry peers.
  • AVNW's Profit Margin has improved in the last couple of years.
  • Looking at the Operating Margin, with a value of 7.36%, AVNW is in the better half of the industry, outperforming 72.92% of the companies in the same industry.
  • AVNW's Operating Margin has been stable in the last couple of years.
  • AVNW has a worse Gross Margin (33.69%) than 64.58% of its industry peers.
  • AVNW's Gross Margin has declined in the last couple of years.
Industry RankSector 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%
AVNW Yearly Profit, Operating, Gross MarginsAVNW Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20 30 40

2

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AVNW is destroying value.
  • Compared to 1 year ago, AVNW has more shares outstanding
  • AVNW has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for AVNW is higher compared to a year ago.
AVNW Yearly Shares OutstandingAVNW Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2M 4M 6M 8M 10M
AVNW Yearly Total Debt VS Total AssetsAVNW Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M

2.2 Solvency

  • Based on the Altman-Z score of 0.54, we must say that AVNW is in the distress zone and has some risk of bankruptcy.
  • AVNW has a Altman-Z score of 0.54. This is in the lower half of the industry: AVNW underperforms 62.50% of its industry peers.
  • The Debt to FCF ratio of AVNW is 6.55, which is on the high side as it means it would take AVNW, 6.55 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 6.55, AVNW is in line with its industry, outperforming 54.17% of the companies in the same industry.
  • A Debt/Equity ratio of 0.37 indicates that AVNW is not too dependend on debt financing.
  • AVNW's Debt to Equity ratio of 0.37 is on the low side compared to the rest of the industry. AVNW is outperformed by 70.83% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.37
Debt/FCF 6.55
Altman-Z 0.54
ROIC/WACC0.68
WACC9.73%
AVNW Yearly LT Debt VS Equity VS FCFAVNW Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50M 100M 150M 200M 250M

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.
  • AVNW has a Current ratio (1.85) which is in line with its industry peers.
  • AVNW has a Quick Ratio of 1.56. This is a normal value and indicates that AVNW is financially healthy and should not expect problems in meeting its short term obligations.
  • AVNW's Quick ratio of 1.56 is in line compared to the rest of the industry. AVNW outperforms 47.92% of its industry peers.
Industry RankSector Rank
Current Ratio 1.85
Quick Ratio 1.56
AVNW Yearly Current Assets VS Current LiabilitesAVNW Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M

4

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 91.43% over the past year.
  • The Earnings Per Share has been growing by 17.38% on average over the past years. This is quite good.
  • The Revenue has been growing slightly by 3.39% in the past year.
  • The Revenue has been growing by 12.74% on average over the past years. This is quite good.
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%-5.69%

3.2 Future

  • AVNW is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -41.85% yearly.
  • The Revenue is expected to grow by 6.28% on average over the next years.
EPS Next Y51.46%
EPS Next 2Y37.85%
EPS Next 3Y-41.85%
EPS Next 5YN/A
Revenue Next Year3.78%
Revenue Next 2Y5.27%
Revenue Next 3Y7.18%
Revenue Next 5Y6.28%

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 decreasing.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
AVNW Yearly Revenue VS EstimatesAVNW Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 200M 400M 600M
AVNW Yearly EPS VS EstimatesAVNW Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 1 -1 2 3

8

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 9.31 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.
  • The average S&P500 Price/Earnings ratio is at 26.68. AVNW is valued rather cheaply when compared to this.
  • The Price/Forward Earnings ratio is 7.91, which indicates a rather cheap valuation of AVNW.
  • 97.92% of the companies in the same industry are more expensive than AVNW, based on the Price/Forward Earnings ratio.
  • AVNW's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.06.
Industry RankSector Rank
PE 9.31
Fwd PE 7.91
AVNW Price Earnings VS Forward Price EarningsAVNW Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, AVNW is valued cheaper than 85.42% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, AVNW is valued a bit cheaper than the industry average as 72.92% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 20.02
EV/EBITDA 8.6
AVNW Per share dataAVNW EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

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.
  • A cheap valuation may be justified as AVNW's earnings are expected to decrease with -41.85% in the coming years.
PEG (NY)0.18
PEG (5Y)0.54
EPS Next 2Y37.85%
EPS Next 3Y-41.85%

0

5. Dividend

5.1 Amount

  • No dividends for AVNW!.
Industry RankSector Rank
Dividend Yield 0%

AVIAT NETWORKS INC

NASDAQ:AVNW (2/13/2026, 8:00:01 PM)

After market: 24.96 0 (0%)

24.96

-0.08 (-0.32%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)02-03
Earnings (Next)05-04
Inst Owners79.12%
Inst Owner Change-82.65%
Ins Owners3.55%
Ins Owner Change3.67%
Market Cap321.98M
Revenue(TTM)446.77M
Net Income(TTM)14.61M
Analysts81.54
Price Target35.85 (43.63%)
Short Float %4.85%
Short Ratio5.37
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)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)1.05%
Min Revenue beat(2)-0.42%
Max Revenue beat(2)2.52%
Revenue beat(4)2
Avg Revenue beat(4)1.51%
Min Revenue beat(4)-1.39%
Max Revenue beat(4)5.34%
Revenue beat(8)4
Avg Revenue beat(8)0.96%
Revenue beat(12)6
Avg Revenue beat(12)0.42%
Revenue beat(16)8
Avg Revenue beat(16)0.52%
PT rev (1m)0%
PT rev (3m)2.5%
EPS NQ rev (1m)-27.1%
EPS NQ rev (3m)-28.16%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.25%
Revenue NQ rev (1m)-2.62%
Revenue NQ rev (3m)-2.24%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.02%
Valuation
Industry RankSector Rank
PE 9.31
Fwd PE 7.91
P/S 0.72
P/FCF 20.02
P/OCF 13.24
P/B 1.19
P/tB 1.42
EV/EBITDA 8.6
EPS(TTM)2.68
EY10.74%
EPS(NY)3.15
Fwd EY12.64%
FCF(TTM)1.25
FCFY4.99%
OCF(TTM)1.88
OCFY7.55%
SpS34.63
BVpS21.06
TBVpS17.59
PEG (NY)0.18
PEG (5Y)0.54
Graham Number35.63
Profitability
Industry RankSector 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 RankSector 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 0.54
F-Score6
WACC9.73%
ROIC/WACC0.68
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 Y51.46%
EPS Next 2Y37.85%
EPS Next 3Y-41.85%
EPS Next 5YN/A
Revenue 1Y (TTM)3.39%
Revenue growth 3Y12.78%
Revenue growth 5Y12.74%
Sales Q2Q%-5.69%
Revenue Next Year3.78%
Revenue Next 2Y5.27%
Revenue Next 3Y7.18%
Revenue Next 5Y6.28%
EBIT growth 1Y742.72%
EBIT growth 3Y-21.12%
EBIT growth 5Y13.9%
EBIT Next Year80.18%
EBIT Next 3Y40.79%
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 FAQ

What is the ChartMill fundamental rating of AVIAT NETWORKS INC (AVNW) stock?

ChartMill assigns a fundamental rating of 4 / 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 51.46% in the next year.