AVT:NSD-Avnet, Inc (USD)

COMMON STOCK | Electronics & Computer Distribution | NSD

Last Closing Price

USD 38.61

Change

0.00 (0.00)%

Market Cap

USD 3.82B

Volume

0.85M

Average Target Price

USD 32.33 (-16.26%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Avnet, Inc., a technology solutions company, markets, sells, and distributes electronic components. The company operates through two segments, Electronic Components and Farnell. The Electronic Components segment markets, sells, and distributes semiconductors; interconnect, passive, and electromechanical devices; and other integrated components from electronic component manufacturers. It also offers design chain support that provides engineers with technical design solutions; engineering and technical resources to support product design, bill of materials development, and technical education and training; and supply chain solutions that provide support and logistical services to original equipment manufacturers, electronic manufacturing service providers, and electronic component manufacturers. In addition, this segment provides integrated solutions, such as technical design, integration, and assembly of embedded products, and systems and solutions primarily for industrial applications, as well as for intelligent embedded and innovative display solutions comprising touch and passive displays. Further, it develops and manufactures standard board and industrial subsystems, and application-specific devices that enable it to produce systems tailored to specific customer requirements. This segment serves various markets, including automotive, medical, defense, aerospace, telecommunications, industrial, and digital editing. The Farnell segment distributes kits, tools, and electronic and industrial automation components, as well as test and measurement products to engineers and entrepreneurs. It has operations in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Avnet, Inc. was founded in 1921 and is headquartered in Phoenix, Arizona.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-01-16 )

Largest Industry Peers for Electronics & Computer Distribution

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
TECD Tech Data Corporation

N/A

USD5.17B 14.32 8.18
CNXN PC Connection, Inc

N/A

USD1.34B 22.00 12.49
SCSC ScanSource, Inc

N/A

USD0.67B 17.96 8.64
WSTG Wayside Technology Group, Inc

N/A

USD0.08B 21.31 6.13
AEY ADDvantage Technologies Group,..

N/A

USD0.03B 47.70 N/A
TAIT Taitron Components Incorporate..

N/A

USD0.02B 38.07 15.92

ETFs Containing AVT

Symbol Name Weight Mer Price(Change) Market Cap
FVD First Trust Value Line Di.. 0.00 % 0.70 %

N/A

USD10.15B
PXMV Invesco S&P MidCap Value .. 0.00 % 0.39 %

N/A

USD0.05B
RWK Invesco S&P MidCap 400 Re.. 0.00 % 0.39 %

N/A

USD0.26B

Market Performance

  Market Performance vs.
Industry/Classification (Electronics & Computer Distribution)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 9.97% 100% A+ 67% D+
Dividend Return N/A N/A N/A N/A N/A
Total Return 9.97% 100% A+ 67% D+
Trailing 12 Months  
Capital Gain -7.76% 33% F 31% F
Dividend Return 2.01% 50% F 49% F
Total Return -5.76% 33% F 31% F
Trailing 5 Years  
Capital Gain 0.73% 50% F 28% F
Dividend Return 10.02% 67% D+ 30% F
Total Return 10.75% 33% F 28% F
Average Annual (5 Year Horizon)  
Capital Gain -7.06% 33% F 21% F
Dividend Return 1.83% 50% F 49% F
Total Return -5.23% 33% F 22% F
Risk Return Profile  
Volatility (Standard Deviation) 17.59% 83% B 73% C
Risk Adjusted Return -29.73% 33% F 19% F
Market Capitalization 3.82B 100% A+ 82% B-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Electronics & Computer Distribution)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 30.49 50% F 36% F
Price/Book Ratio 0.99 100% A+ 83% B
Price / Cash Flow Ratio 5.23 67% D+ 49% F
EV/EBITDA 30.11 20% F 29% F
Management Effectiveness  
Return on Equity -2.33% 50% F 49% F
Return on Invested Capital 5.81% 67% D+ 64% D
Return on Assets 1.33% 33% F 63% D
Debt to Equity Ratio 38.24% 33% F 49% F
Technical Ratios  
Short Ratio 3.02 50% F 46% F
Short Percent 3.81% 50% F 46% F
Beta 1.51 17% F 30% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

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:
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.

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.

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.

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.

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.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

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.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Poor return on assets

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

Higly 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 free cash flow basis

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