47.51 USD
+0.28 (+0.59%)
47.51 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to AVT. AVT was compared to 123 industry peers in the Electronic Equipment, Instruments & Components industry. AVT has only an average score on both its financial health and profitability. AVT may be a bit undervalued, certainly considering the very reasonable score on growth Finally AVT also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
AVT had positive earnings in the past year.
AVT had a positive operating cash flow in the past year.
Each year in the past 5 years AVT has been profitable.
The reported operating cash flow has been mixed in the past 5 years: AVT reported negative operating cash flow in multiple years.
1.2 Ratios
AVT's Return On Assets of 1.88% is in line compared to the rest of the industry. AVT outperforms 54.47% of its industry peers.
With a Return On Equity value of 4.81%, AVT perfoms like the industry average, outperforming 56.91% of the companies in the same industry.
AVT's Return On Invested Capital of 6.49% is fine compared to the rest of the industry. AVT outperforms 67.48% of its industry peers.
AVT had an Average Return On Invested Capital over the past 3 years of 9.94%. This is in line with the industry average of 9.11%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.88% | ||
| ROE | 4.81% | ||
| ROIC | 6.49% |
ROA(3y)4.08%
ROA(5y)4.21%
ROE(3y)10.38%
ROE(5y)10.47%
ROIC(3y)9.94%
ROIC(5y)9.82%
1.3 Margins
AVT's Profit Margin of 1.04% is in line compared to the rest of the industry. AVT outperforms 48.78% of its industry peers.
In the last couple of years the Profit Margin of AVT has declined.
AVT's Operating Margin of 2.69% is in line compared to the rest of the industry. AVT outperforms 53.66% of its industry peers.
In the last couple of years the Operating Margin of AVT has grown nicely.
Looking at the Gross Margin, with a value of 10.63%, AVT is doing worse than 79.67% of the companies in the same industry.
In the last couple of years the Gross Margin of AVT has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.69% | ||
| PM (TTM) | 1.04% | ||
| GM | 10.64% |
OM growth 3Y-11.12%
OM growth 5Y17.48%
PM growth 3Y-27.56%
PM growth 5YN/A
GM growth 3Y-4.14%
GM growth 5Y-1.69%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AVT is destroying value.
The number of shares outstanding for AVT has been reduced compared to 1 year ago.
Compared to 5 years ago, AVT has less shares outstanding
AVT has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.23 indicates that AVT is not in any danger for bankruptcy at the moment.
AVT has a Altman-Z score of 3.23. This is comparable to the rest of the industry: AVT outperforms 47.97% of its industry peers.
The Debt to FCF ratio of AVT is 8.96, which is on the high side as it means it would take AVT, 8.96 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 8.96, AVT perfoms like the industry average, outperforming 53.66% of the companies in the same industry.
AVT has a Debt/Equity ratio of 0.60. This is a neutral value indicating AVT is somewhat dependend on debt financing.
The Debt to Equity ratio of AVT (0.60) is worse than 78.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 8.96 | ||
| Altman-Z | 3.23 |
ROIC/WACC0.59
WACC11.03%
2.3 Liquidity
AVT has a Current Ratio of 2.36. This indicates that AVT is financially healthy and has no problem in meeting its short term obligations.
AVT has a Current ratio (2.36) which is in line with its industry peers.
AVT has a Quick Ratio of 1.12. This is a normal value and indicates that AVT is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of AVT (1.12) is worse than 73.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.36 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
The earnings per share for AVT have decreased strongly by -27.59% in the last year.
AVT shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.23% yearly.
The Revenue has decreased by -2.30% in the past year.
AVT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.71% yearly.
EPS 1Y (TTM)-27.59%
EPS 3Y-20.9%
EPS 5Y11.23%
EPS Q2Q%-8.7%
Revenue 1Y (TTM)-2.3%
Revenue growth 3Y-2.98%
Revenue growth 5Y4.71%
Sales Q2Q%5.25%
3.2 Future
Based on estimates for the next years, AVT will show a very strong growth in Earnings Per Share. The EPS will grow by 28.28% on average per year.
Based on estimates for the next years, AVT will show a small growth in Revenue. The Revenue will grow by 6.30% on average per year.
EPS Next Y24.89%
EPS Next 2Y32.56%
EPS Next 3Y28.28%
EPS Next 5YN/A
Revenue Next Year7.95%
Revenue Next 2Y6.24%
Revenue Next 3Y6.3%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 14.14, AVT is valued correctly.
88.62% of the companies in the same industry are more expensive than AVT, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.31, AVT is valued a bit cheaper.
AVT is valuated cheaply with a Price/Forward Earnings ratio of 7.86.
AVT's Price/Forward Earnings ratio is rather cheap when compared to the industry. AVT is cheaper than 96.75% of the companies in the same industry.
AVT is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.14 | ||
| Fwd PE | 7.86 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AVT is valued cheaper than 87.80% of the companies in the same industry.
91.06% of the companies in the same industry are more expensive than AVT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.59 | ||
| EV/EBITDA | 9.74 |
4.3 Compensation for Growth
AVT's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
AVT's earnings are expected to grow with 28.28% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.57
PEG (5Y)1.26
EPS Next 2Y32.56%
EPS Next 3Y28.28%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.96%, AVT has a reasonable but not impressive dividend return.
AVT's Dividend Yield is rather good when compared to the industry average which is at 2.44. AVT pays more dividend than 97.56% of the companies in the same industry.
AVT's Dividend Yield is a higher than the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.96% |
5.2 History
The dividend of AVT is nicely growing with an annual growth rate of 9.63%!
AVT has paid a dividend for at least 10 years, which is a reliable track record.
AVT has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)9.63%
Div Incr Years11
Div Non Decr Years11
5.3 Sustainability
AVT pays out 48.46% of its income as dividend. This is a bit on the high side, but may be sustainable.
AVT's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP48.46%
EPS Next 2Y32.56%
EPS Next 3Y28.28%
47.51
+0.28 (+0.59%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners107.07%
Inst Owner Change-0.6%
Ins Owners0.57%
Ins Owner Change3.48%
Market Cap3.86B
Revenue(TTM)22.50B
Net Income(TTM)233.01M
Analysts49.23
Price Target54.06 (13.79%)
Short Float %9.04%
Short Ratio8.64
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.96% |
Yearly Dividend1.31
Dividend Growth(5Y)9.63%
DP48.46%
Div Incr Years11
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.74%
Min EPS beat(2)2.27%
Max EPS beat(2)7.22%
EPS beat(4)3
Avg EPS beat(4)5.7%
Min EPS beat(4)-3.18%
Max EPS beat(4)16.48%
EPS beat(8)5
Avg EPS beat(8)6.7%
EPS beat(12)9
Avg EPS beat(12)8.27%
EPS beat(16)13
Avg EPS beat(16)10.24%
Revenue beat(2)2
Avg Revenue beat(2)2.64%
Min Revenue beat(2)1.82%
Max Revenue beat(2)3.46%
Revenue beat(4)4
Avg Revenue beat(4)1.48%
Min Revenue beat(4)0.22%
Max Revenue beat(4)3.46%
Revenue beat(8)6
Avg Revenue beat(8)1.06%
Revenue beat(12)9
Avg Revenue beat(12)1.22%
Revenue beat(16)13
Avg Revenue beat(16)2.33%
PT rev (1m)0.47%
PT rev (3m)0.47%
EPS NQ rev (1m)-3.83%
EPS NQ rev (3m)-13.75%
EPS NY rev (1m)-4.18%
EPS NY rev (3m)-4.13%
Revenue NQ rev (1m)2.96%
Revenue NQ rev (3m)3.05%
Revenue NY rev (1m)2.13%
Revenue NY rev (3m)2.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.14 | ||
| Fwd PE | 7.86 | ||
| P/S | 0.17 | ||
| P/FCF | 11.59 | ||
| P/OCF | 8.16 | ||
| P/B | 0.8 | ||
| P/tB | 0.96 | ||
| EV/EBITDA | 9.74 |
EPS(TTM)3.36
EY7.07%
EPS(NY)6.04
Fwd EY12.72%
FCF(TTM)4.1
FCFY8.63%
OCF(TTM)5.82
OCFY12.26%
SpS276.59
BVpS59.61
TBVpS49.55
PEG (NY)0.57
PEG (5Y)1.26
Graham Number67.13
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.88% | ||
| ROE | 4.81% | ||
| ROCE | 7.52% | ||
| ROIC | 6.49% | ||
| ROICexc | 6.63% | ||
| ROICexgc | 7.39% | ||
| OM | 2.69% | ||
| PM (TTM) | 1.04% | ||
| GM | 10.64% | ||
| FCFM | 1.48% |
ROA(3y)4.08%
ROA(5y)4.21%
ROE(3y)10.38%
ROE(5y)10.47%
ROIC(3y)9.94%
ROIC(5y)9.82%
ROICexc(3y)10.3%
ROICexc(5y)10.14%
ROICexgc(3y)11.47%
ROICexgc(5y)11.47%
ROCE(3y)11.38%
ROCE(5y)11.24%
ROICexgc growth 3Y-21.7%
ROICexgc growth 5Y12.78%
ROICexc growth 3Y-21.06%
ROICexc growth 5Y14.08%
OM growth 3Y-11.12%
OM growth 5Y17.48%
PM growth 3Y-27.56%
PM growth 5YN/A
GM growth 3Y-4.14%
GM growth 5Y-1.69%
F-Score5
Asset Turnover1.81
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 8.96 | ||
| Debt/EBITDA | 4.3 | ||
| Cap/Depr | 204.58% | ||
| Cap/Sales | 0.62% | ||
| Interest Coverage | 2.19 | ||
| Cash Conversion | 70.38% | ||
| Profit Quality | 143.05% | ||
| Current Ratio | 2.36 | ||
| Quick Ratio | 1.12 | ||
| Altman-Z | 3.23 |
F-Score5
WACC11.03%
ROIC/WACC0.59
Cap/Depr(3y)228.96%
Cap/Depr(5y)154.57%
Cap/Sales(3y)0.78%
Cap/Sales(5y)0.56%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-27.59%
EPS 3Y-20.9%
EPS 5Y11.23%
EPS Q2Q%-8.7%
EPS Next Y24.89%
EPS Next 2Y32.56%
EPS Next 3Y28.28%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.3%
Revenue growth 3Y-2.98%
Revenue growth 5Y4.71%
Sales Q2Q%5.25%
Revenue Next Year7.95%
Revenue Next 2Y6.24%
Revenue Next 3Y6.3%
Revenue Next 5YN/A
EBIT growth 1Y-24.9%
EBIT growth 3Y-13.77%
EBIT growth 5Y23.02%
EBIT Next Year32.2%
EBIT Next 3Y17.69%
EBIT Next 5YN/A
FCF growth 1Y194.56%
FCF growth 3YN/A
FCF growth 5Y-2.55%
OCF growth 1Y530.93%
OCF growth 3YN/A
OCF growth 5Y-0.16%
AVNET INC / AVT FAQ
Can you provide the ChartMill fundamental rating for AVNET INC?
ChartMill assigns a fundamental rating of 5 / 10 to AVT.
Can you provide the valuation status for AVNET INC?
ChartMill assigns a valuation rating of 8 / 10 to AVNET INC (AVT). This can be considered as Undervalued.
Can you provide the profitability details for AVNET INC?
AVNET INC (AVT) has a profitability rating of 4 / 10.
What are the PE and PB ratios of AVNET INC (AVT) stock?
The Price/Earnings (PE) ratio for AVNET INC (AVT) is 14.14 and the Price/Book (PB) ratio is 0.8.
What is the expected EPS growth for AVNET INC (AVT) stock?
The Earnings per Share (EPS) of AVNET INC (AVT) is expected to grow by 24.89% in the next year.