AVT:NYE-Avnet Inc. (USD)

EQUITY | Electronics & Computer Distribution | New York Stock Exchange

Last Closing

USD 54

Change

-1.60 (-2.88)%

Market Cap

USD 5.90B

Volume

0.51M

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: 2024-11-12 )

Largest Industry Peers for Electronics & Computer Distribution

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SCSC ScanSource Inc

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IZM ICZOOM Group Inc. Class A Ordi..

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TAIT Taitron Components Incorporate..

-0.01 (-0.42%)

USD 0.02B
CLMB Climb Global Solutions

+0.41 (+0.34%)

N/A

ETFs Containing AVT

XMVM Invesco S&P MidCap Value .. 2.25 % 0.39 %

-0.35 (0%)

USD 0.28B
OUSM 2.12 % 0.48 %

N/A

N/A
FXL First Trust Technology Al.. 1.65 % 0.63 %

-1.05 (0%)

USD 1.34B
PXMV Invesco S&P MidCap Value .. 0.00 % 0.39 %

-0.35 (0%)

N/A
RNMC 0.00 % 0.60 %

N/A

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 7.14% 67% D+ 60% D-
Dividend Return 1.88% 67% D+ 38% F
Total Return 9.03% 67% D+ 59% D-
Trailing 12 Months  
Capital Gain 12.78% 67% D+ 57% F
Dividend Return 2.63% 67% D+ 38% F
Total Return 15.41% 67% D+ 56% F
Trailing 5 Years  
Capital Gain 33.14% 50% F 66% D+
Dividend Return 12.85% 50% F 48% F
Total Return 45.98% 75% C 66% D+
Average Annual (5 Year Horizon)  
Capital Gain 12.98% 50% F 66% D+
Dividend Return 15.56% 33% F 67% D+
Total Return 2.58% 67% D+ 59% D-
Risk Return Profile  
Volatility (Standard Deviation) 22.45% 83% B 73% C
Risk Adjusted Return 69.31% 83% B 88% B+
Market Capitalization 5.90B 80% 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 60% 60%
Price/Book Ratio 0.96 100% 73%
Price / Cash Flow Ratio 7.01 60% 36%
Price/Free Cash Flow Ratio 9.15 80% 35%
Management Effectiveness  
Return on Equity 7.07% 40% 71%
Return on Invested Capital 9.76% 80% 77%
Return on Assets 4.08% 80% 83%
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 risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

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.

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.

Superior Earnings Growth

This stock has shown top quartile earnings 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.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

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.