AVT:NYE-Avnet Inc. (USD)

EQUITY | Electronics & Computer Distribution | New York Stock Exchange

Last Closing

USD 52.56

Change

+0.81 (+1.57)%

Market Cap

USD 5.90B

Volume

0.50M

Analyst Target

USD 30.13
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Avnet Inc together with its subsidiaries is a value-added distributor of electronic components, enterprise computer & storage products, IT solutions & services and embedded systems. Its business segments are Electronics Marketing and Technology Solutions.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-05-13 )

Largest Industry Peers for Electronics & Computer Distribution

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SNPO Snap One Holdings Corp

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CLMB Climb Global Solutions

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IZM ICZOOM Group Inc. Class A Ordi..

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TAIT Taitron Components Incorporate..

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USD 0.02B

ETFs Containing AVT

XMVM Invesco S&P MidCap Value .. 2.82 % 0.39 %

N/A

USD 0.23B
RFV Invesco S&P MidCap 400® .. 2.78 % 0.35 %

N/A

USD 0.31B
FXL First Trust Technology Al.. 1.87 % 0.63 %

N/A

USD 1.36B
FHQ:CA First Trust AlphaDEX US T.. 1.84 % 0.77 %

-0.22 (0.00%)

CAD 0.02B
FHQ-F:CA First Trust AlphaDEX U.S... 1.84 % 0.00 %

N/A

CAD 0.03B
CSB VictoryShares US Small Ca.. 1.46 % 0.35 %

N/A

USD 0.31B
LSAF LeaderSharesTM AlphaFacto.. 1.13 % 0.75 %

N/A

USD 0.14B
RNMC First Trust Mid Cap US Eq.. 1.04 % 0.60 %

N/A

USD 0.02B
FNK First Trust Mid Cap Value.. 0.84 % 0.70 %

N/A

USD 0.22B
DFSV Dimensional ETF Trust 0.68 % 0.00 %

N/A

USD 3.01B
PXMV 0.00 % 0.39 %

N/A

N/A
RWK Invesco S&P MidCap 400 Re.. 0.00 % 0.39 %

N/A

USD 0.78B

Market Performance

  Market Performance vs. Industry/Classification (Electronics & Computer Distribution) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 4.29% 57% F 64% D
Dividend Return 0.62% 33% F 34% F
Total Return 4.90% 57% F 64% D
Trailing 12 Months  
Capital Gain 27.20% 71% C- 78% C+
Dividend Return 2.95% 67% D+ 44% F
Total Return 30.15% 71% C- 79% B-
Trailing 5 Years  
Capital Gain 19.43% 50% F 64% D
Dividend Return 11.32% 50% F 48% F
Total Return 30.74% 50% F 64% D
Average Annual (5 Year Horizon)  
Capital Gain 8.52% 43% F 67% D+
Dividend Return 11.10% 43% F 68% D+
Total Return 2.58% 67% D+ 57% F
Risk Return Profile  
Volatility (Standard Deviation) 26.38% 71% C- 67% D+
Risk Adjusted Return 42.09% 57% F 74% C
Market Capitalization 5.90B 86% B+ 88% B+

Key Financial Ratios

  Ratio vs. Industry/Classification (Electronics & Computer Distribution) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 13.40 100% 75%
Price/Book Ratio 0.85 100% 75%
Price / Cash Flow Ratio -6.55 71% 78%
Price/Free Cash Flow Ratio 5.93 100% 34%
Management Effectiveness  
Return on Equity 11.87% 57% 80%
Return on Invested Capital 14.32% 86% 84%
Return on Assets 5.06% 100% 86%
Debt to Equity Ratio 62.88% 40% 35%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.