AVT:NYE-Avnet Inc. (USD)

EQUITY | Electronics & Computer Distribution | New York Stock Exchange

Last Closing

USD 54.47

Change

-0.44 (-0.80)%

Market Cap

USD 5.90B

Volume

0.43M

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: 2024-08-28 )

Largest Industry Peers for Electronics & Computer Distribution

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+1.87 (+2.64%)

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SCSC ScanSource Inc

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IZM ICZOOM Group Inc. Class A Ordi..

N/A

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TAIT Taitron Components Incorporate..

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CLMB Climb Global Solutions

+4.55 (+5.21%)

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ETFs Containing AVT

XMVM Invesco S&P MidCap Value .. 2.27 % 0.39 %

+1.01 (+0.00%)

USD 0.24B
FXL First Trust Technology Al.. 1.76 % 0.63 %

+1.74 (+0.00%)

USD 1.24B
FHQ:CA First Trust AlphaDEX US T.. 1.75 % 0.77 %

+1.68 (+0.00%)

CAD 0.02B
FHQ-F:CA First Trust AlphaDEX U.S... 1.75 % 0.00 %

N/A

CAD 0.03B
PXMV Invesco S&P MidCap Value .. 0.00 % 0.39 %

+1.01 (+0.00%)

N/A

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 8.08% 57% F 67% D+
Dividend Return 1.23% 75% C 36% F
Total Return 9.31% 57% F 66% D+
Trailing 12 Months  
Capital Gain 7.80% 43% F 62% D
Dividend Return 2.45% 75% C 39% F
Total Return 10.25% 43% F 61% D-
Trailing 5 Years  
Capital Gain 30.03% 40% F 65% D
Dividend Return 12.15% 67% D+ 48% F
Total Return 42.18% 40% F 65% D
Average Annual (5 Year Horizon)  
Capital Gain 11.93% 43% F 70% C-
Dividend Return 14.56% 43% F 71% C-
Total Return 2.62% 75% C 58% F
Risk Return Profile  
Volatility (Standard Deviation) 23.38% 86% B+ 72% C
Risk Adjusted Return 62.27% 57% F 85% B
Market Capitalization 5.90B 83% 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% 73%
Price/Book Ratio 0.98 100% 72%
Price / Cash Flow Ratio 7.01 50% 36%
Price/Free Cash Flow Ratio 7.25 100% 39%
Management Effectiveness  
Return on Equity 10.31% 67% 78%
Return on Invested Capital 9.76% 83% 78%
Return on Assets 4.62% 67% 85%
Debt to Equity Ratio 48.86% 33% 42%

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 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.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

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 cash flow

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

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.

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.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

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.