AVT:NYE-Avnet Inc. (USD)

EQUITY | Electronics & Computer Distribution | New York Stock Exchange

Last Closing

USD 49.47

Change

+1.07 (+2.21)%

Market Cap

USD 5.90B

Volume

0.37M

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: 2024-03-27 )

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 .. 2.56 % 0.39 %

N/A

USD 0.21B
DFSV Dimensional ETF Trust 0.60 % 0.00 %

N/A

USD 2.74B
FXL First Trust Technology Al.. 0.00 % 0.63 %

N/A

USD 1.37B
PXMV 0.00 % 0.39 %

N/A

N/A
RFV Invesco S&P MidCap 400® .. 0.00 % 0.35 %

N/A

USD 0.30B
RWK Invesco S&P MidCap 400 Re.. 0.00 % 0.39 %

N/A

USD 0.75B

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 -1.85% 63% D 42% F
Dividend Return 0.62% 75% C 40% F
Total Return -1.23% 63% D 43% F
Trailing 12 Months  
Capital Gain 12.18% 38% F 67% D+
Dividend Return 2.77% 75% C 43% F
Total Return 14.94% 38% F 67% D+
Trailing 5 Years  
Capital Gain 14.07% 20% F 61% D-
Dividend Return 11.48% 67% D+ 48% F
Total Return 25.55% 40% F 61% D-
Average Annual (5 Year Horizon)  
Capital Gain 6.69% 50% F 66% D+
Dividend Return 9.23% 50% F 67% D+
Total Return 2.55% 75% C 58% F
Risk Return Profile  
Volatility (Standard Deviation) 27.80% 50% F 65% D
Risk Adjusted Return 33.22% 50% F 70% C-
Market Capitalization 5.90B 88% 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% 80%
Price/Book Ratio 0.87 88% 75%
Price / Cash Flow Ratio -6.13 75% 76%
Price/Free Cash Flow Ratio 6.01 100% 33%
Management Effectiveness  
Return on Equity 14.19% 75% 83%
Return on Invested Capital 14.32% 88% 84%
Return on Assets 5.49% 88% 87%
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.

Superior return on equity

The company management has delivered better return on equity 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.

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 Revenue Growth

This stock has shown top quartile revenue 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

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

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.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Negative cashflow

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