VIAVI SOLUTIONS INC (VIAV) Fundamental Analysis & Valuation

NASDAQ:VIAV • US9255501051

Current stock price

44.26 USD
-0.36 (-0.81%)
At close:
45 USD
+0.74 (+1.67%)
Pre-Market:

This VIAV fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

4

1. VIAV Profitability Analysis

1.1 Basic Checks

  • In the past year VIAV was profitable.
  • In the past year VIAV had a positive cash flow from operations.
  • Of the past 5 years VIAV 4 years were profitable.
  • In the past 5 years VIAV always reported a positive cash flow from operatings.
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

  • With a Return On Assets value of -1.51%, VIAV perfoms like the industry average, outperforming 47.83% of the companies in the same industry.
  • Looking at the Return On Equity, with a value of -5.03%, VIAV is in line with its industry, outperforming 41.30% of the companies in the same 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 10.41%.
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

  • In the last couple of years the Profit Margin of VIAV has declined.
  • VIAV has a Operating Margin of 3.37%. This is comparable to the rest of the industry: VIAV outperforms 56.52% of its industry peers.
  • VIAV's Operating Margin has declined in the last couple of years.
  • VIAV has a Gross Margin of 56.59%. This is in the better half of the industry: VIAV outperforms 73.91% of its industry peers.
  • 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

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. VIAV Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), VIAV is destroying value.
  • The number of shares outstanding for VIAV has been increased compared to 1 year ago.
  • Compared to 5 years ago, VIAV has less shares outstanding
  • VIAV has a better debt/assets ratio than last year.
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 -31.14. This is a bad value and indicates that VIAV is not financially healthy and even has some risk of bankruptcy.
  • VIAV has a Altman-Z score of -31.14. This is amonst the worse of the industry: VIAV underperforms 89.13% of its industry peers.
  • 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 worse Debt to FCF ratio (16.40) than 63.04% 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.
  • With a Debt to Equity ratio value of 1.48, VIAV is not doing good in the industry: 86.96% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 1.48
Debt/FCF 16.4
Altman-Z -31.14
ROIC/WACC0.15
WACC9.64%
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.
  • With a decent Current ratio value of 2.61, VIAV is doing good in the industry, outperforming 60.87% of the companies in the same industry.
  • 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 76.09% 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

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. VIAV Growth Analysis

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%.
  • Measured over the past years, VIAV shows a decrease in Revenue. The Revenue has been decreasing by -0.93% on average per year.
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.
  • The Revenue is expected to grow by 16.63% on average over the next years. This is quite good.
EPS Next Y81.58%
EPS Next 2Y47.89%
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

2

4. VIAV Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 68.09 indicates a quite expensive valuation of VIAV.
  • The rest of the industry has a similar Price/Earnings ratio as VIAV.
  • The average S&P500 Price/Earnings ratio is at 27.71. VIAV is valued rather expensively when compared to this.
  • With a Price/Forward Earnings ratio of 43.06, VIAV can be considered very expensive at the moment.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of VIAV is on the same level as its industry peers.
  • VIAV's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 38.09.
Industry RankSector Rank
PE 68.09
Fwd PE 43.06
VIAV Price Earnings VS Forward Price EarningsVIAV Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • VIAV's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. VIAV is more expensive than 60.87% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, VIAV is valued a bit more expensive than 63.04% of the companies in the same industry.
Industry RankSector Rank
P/FCF 130.13
EV/EBITDA 87.22
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.
  • VIAV's earnings are expected to grow with 38.91% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.83
PEG (5Y)N/A
EPS Next 2Y47.89%
EPS Next 3Y38.91%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. VIAV Dividend Analysis

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

VIAV Fundamentals: All Metrics, Ratios and Statistics

VIAVI SOLUTIONS INC

NASDAQ:VIAV (4/21/2026, 8:17:27 PM)

Premarket: 45 +0.74 (+1.67%)

44.26

-0.36 (-0.81%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)01-28
Earnings (Next)04-29
Inst Owners101.23%
Inst Owner Change-0.08%
Ins Owners1.29%
Ins Owner Change-21.2%
Market Cap10.24B
Revenue(TTM)1.24B
Net Income(TTM)-42.00M
Analysts84
Price Target31.55 (-28.72%)
Short Float %6.47%
Short Ratio2.49
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)18.63%
PT rev (3m)62.78%
EPS NQ rev (1m)0%
EPS NQ rev (3m)50.72%
EPS NY rev (1m)0%
EPS NY rev (3m)24.37%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)11.22%
Revenue NY rev (1m)0%
Revenue NY rev (3m)5.73%
Valuation
Industry RankSector Rank
PE 68.09
Fwd PE 43.06
P/S 8.23
P/FCF 130.13
P/OCF 97.44
P/B 12.28
P/tB N/A
EV/EBITDA 87.22
EPS(TTM)0.65
EY1.47%
EPS(NY)1.03
Fwd EY2.32%
FCF(TTM)0.34
FCFY0.77%
OCF(TTM)0.45
OCFY1.03%
SpS5.37
BVpS3.61
TBVpS-1.25
PEG (NY)0.83
PEG (5Y)N/A
Graham Number7.26167 (-83.59%)
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 -31.14
F-Score4
WACC9.64%
ROIC/WACC0.15
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 Y81.58%
EPS Next 2Y47.89%
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 Year109.2%
EBIT Next 3Y41.61%
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 Fundamental Analysis 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 2 / 10 to VIAVI SOLUTIONS INC (VIAV). This can be considered as Overvalued.


What is the profitability of VIAV stock?

VIAVI SOLUTIONS INC (VIAV) has a profitability rating of 4 / 10.


What is the earnings growth outlook for VIAVI SOLUTIONS INC?

The Earnings per Share (EPS) of VIAVI SOLUTIONS INC (VIAV) is expected to grow by 81.58% in the next year.