VIAV:NSD-Viavi Solutions Inc (USD)

COMMON STOCK | Communication Equipment | NSD

Last Closing Price

USD 16.19

Change

0.00 (0.00)%

Market Cap

USD 3.70B

Volume

3.98M

Average Target Price

USD 17.57 (+8.57%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Viavi Solutions Inc. provides network test, monitoring, and assurance solutions to communications service providers, enterprises, network equipment manufacturers, government, civil, military, and avionics customers worldwide. The company operates through three segments: Network Enablement (NE), Service Enablement (SE), and Optical Security and Performance Products (OSP) segments. The NE segment offers testing solutions that access the network to perform build-out and maintenance tasks. This segment provides solutions that include instruments, software, and services to design, build, activate, certify, troubleshoot, and optimize networks; and instrumentation for communication and safety. It also offers support and professional services, such as repair, calibration, software support, and technical assistance for the products; and system integration projects, including project management, installation, and implementation, as well as product and technology training, and consulting services. The SE segment provides embedded systems and enterprise performance management solutions for communication service providers, enterprises, and cloud operators with visibility into network, service, and application data. Its solutions include instruments, microprobes, and software, which monitor, collect, and analyze network data to reveal the actual customer experience and to identify opportunities for new revenue streams and network optimization. The OSP segment offers optical products for anti-counterfeiting, government, industrial, automotive, and consumer electronic markets, including 3D sensing applications. The company was formerly known as JDS Uniphase Corporation and changed its name to Viavi Solutions Inc. in August 2015. Viavi Solutions Inc. was founded in 1923 and is headquartered in San Jose, California.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-02-28 )

Largest Industry Peers for Communication Equipment

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
CSCO Cisco Systems, Inc

N/A

USD189.43B 18.77 11.61
ERIC Telefonaktiebolaget LM Ericsso..

N/A

USD42.60B 23.93 1.12
ZBRA Zebra Technologies Corporation

N/A

USD26.70B 53.42 35.60
LITE Lumentum Holdings Inc

N/A

USD6.81B 36.95 12.86
ACIA Acacia Communications, Inc

N/A

USD4.90B 71.91 64.16
VSAT Viasat, Inc

N/A

USD3.50B 5,397.00 12.71
COMM CommScope Holding Company, Inc

N/A

USD2.93B 22.51 17.46
SATS EchoStar Corporation

N/A

USD2.13B 10.90 3.36
INFN Infinera Corporation

N/A

USD1.98B 51.60 N/A
PI Impinj, Inc

N/A

USD1.50B 273.30 N/A

ETFs Containing VIAV

Symbol Name Weight Mer Price(Change) Market Cap
IGN iShares North American Te.. 0.00 % 0.46 %

N/A

USD0.06B
PSCT Invesco S&P SmallCap Info.. 0.00 % 0.29 %

N/A

USD0.42B
PXSG Invesco S&P SmallCap Mome.. 0.00 % 0.39 %

N/A

USD0.08B
XTL SPDR S&P Telecom ETF 0.00 % 0.35 %

N/A

USD0.06B

Market Performance

  Market Performance vs.
Industry/Classification (Communication Equipment)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 8.08% 31% F 51% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 8.08% 31% F 51% F
Trailing 12 Months  
Capital Gain 22.71% 35% F 48% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 22.71% 35% F 46% F
Trailing 5 Years  
Capital Gain 144.49% 70% C- 73% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 144.49% 70% C- 73% C
Average Annual (5 Year Horizon)  
Capital Gain 17.34% 69% D+ 72% C-
Dividend Return N/A N/A N/A N/A N/A
Total Return 17.34% 69% D+ 71% C-
Risk Return Profile  
Volatility (Standard Deviation) 24.09% 86% B 61% D-
Risk Adjusted Return 71.98% 92% A- 84% B
Market Capitalization 3.70B 90% A- 81% B-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-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
(Communication Equipment)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 126.45 16% F 10% F
Price/Book Ratio 4.62 36% F 39% F
Price / Cash Flow Ratio 27.30 18% F 16% F
EV/EBITDA 15.65 62% D- 54% F
Management Effectiveness  
Return on Equity 3.85% 73% C 60% D-
Return on Invested Capital 4.30% 73% C 68% D+
Return on Assets 3.38% 78% C+ 76% C
Debt to Equity Ratio 84.47% 26% F 27% F
Technical Ratios  
Short Ratio 5.18 14% F 21% F
Short Percent 7.44% 29% F 26% F
Beta 0.77 80% B- 75% C
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.

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.

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.

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.

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.

Superior Earnings Growth

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

What to not like:
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.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

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.

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.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector