Avnet Statistics
Total Valuation
Avnet has a market cap or net worth of $4.59 billion. The enterprise value is $7.57 billion.
| Market Cap | 4.59B |
| Enterprise Value | 7.57B |
Important Dates
The next estimated earnings date is Wednesday, August 14, 2024, after market close.
| Earnings Date | Aug 14, 2024 |
| Ex-Dividend Date | Jun 5, 2024 |
Share Statistics
Avnet has 90.38 million shares outstanding. The number of shares has decreased by -1.30% in one year.
| Shares Outstanding | 90.38M |
| Shares Change (YoY) | -1.30% |
| Shares Change (QoQ) | -0.58% |
| Owned by Insiders (%) | 0.77% |
| Owned by Institutions (%) | 100.46% |
| Float | 89.90M |
Valuation Ratios
The trailing PE ratio is 8.22 and the forward PE ratio is 11.48. Avnet's PEG ratio is 2.53.
| PE Ratio | 8.22 |
| Forward PE | 11.48 |
| PS Ratio | 0.19 |
| Forward PS | 0.21 |
| PB Ratio | 0.92 |
| P/FCF Ratio | 11.68 |
| PEG Ratio | 2.53 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 6.54, with an EV/FCF ratio of 19.25.
| EV / Earnings | 13.25 |
| EV / Sales | 0.31 |
| EV / EBITDA | 6.54 |
| EV / EBIT | 7.46 |
| EV / FCF | 19.25 |
Financial Position
The company has a current ratio of 2.33, with a Debt / Equity ratio of 0.64.
| Current Ratio | 2.33 |
| Quick Ratio | 1.01 |
| Debt / Equity | 0.64 |
| Debt / EBITDA | 2.76 |
| Debt / FCF | 8.12 |
| Interest Coverage | 3.46 |
Financial Efficiency
Return on equity (ROE) is 11.70% and return on invested capital (ROIC) is 9.33%.
| Return on Equity (ROE) | 11.70% |
| Return on Assets (ROA) | 4.50% |
| Return on Capital (ROIC) | 9.33% |
| Revenue Per Employee | $1.57M |
| Profits Per Employee | $36,158 |
| Employee Count | 15,800 |
| Asset Turnover | 1.96 |
| Inventory Turnover | 3.93 |
Taxes
In the past 12 months, Avnet has paid $150.04 million in taxes.
| Income Tax | 150.04M |
| Effective Tax Rate | 20.80% |
Stock Price Statistics
The stock price has increased by +1.46% in the last 52 weeks. The beta is 1.21, so Avnet's price volatility has been higher than the market average.
| Beta (5Y) | 1.21 |
| 52-Week Price Change | +1.46% |
| 50-Day Moving Average | 52.17 |
| 200-Day Moving Average | 48.55 |
| Relative Strength Index (RSI) | 38.79 |
| Average Volume (20 Days) | 635,897 |
Short Selling Information
The latest short interest is 2.98 million, so 3.30% of the outstanding shares have been sold short.
| Short Interest | 2.98M |
| Short Previous Month | 2.97M |
| Short % of Shares Out | 3.30% |
| Short % of Float | 3.32% |
| Short Ratio (days to cover) | 4.89 |
Income Statement
In the last 12 months, Avnet had revenue of $24.75 billion and earned $571.29 million in profits. Earnings per share was $6.18.
| Revenue | 24.75B |
| Gross Profit | 2.94B |
| Operating Income | 963.84M |
| Pretax Income | 721.33M |
| Net Income | 571.29M |
| EBITDA | 1.16B |
| EBIT | 1.01B |
| Earnings Per Share (EPS) | $6.18 |
Balance Sheet
The company has $218.47 million in cash and $3.19 billion in debt, giving a net cash position of -$2.97 billion or -$32.92 per share.
| Cash & Cash Equivalents | 218.47M |
| Total Debt | 3.19B |
| Net Cash | -2.97B |
| Net Cash Per Share | -$32.92 |
| Equity (Book Value) | 4.99B |
| Book Value Per Share | 55.20 |
| Working Capital | 5.99B |
Cash Flow
In the last 12 months, operating cash flow was $650.27 million and capital expenditures -$257.08 million, giving a free cash flow of $393.19 million.
| Operating Cash Flow | 650.27M |
| Capital Expenditures | -257.08M |
| Free Cash Flow | 393.19M |
| FCF Per Share | $4.35 |
Margins
Gross margin is 11.89%, with operating and profit margins of 3.89% and 2.31%.
| Gross Margin | 11.89% |
| Operating Margin | 3.89% |
| Pretax Margin | 2.91% |
| Profit Margin | 2.31% |
| EBITDA Margin | 4.68% |
| EBIT Margin | 4.10% |
| FCF Margin | 1.59% |
Dividends & Yields
This stock pays an annual dividend of $1.24, which amounts to a dividend yield of 2.44%.
| Dividend Per Share | $1.24 |
| Dividend Yield | 2.44% |
| Dividend Growth (YoY) | 6.90% |
| Years of Dividend Growth | 10 |
| Payout Ratio | 20.06% |
| Buyback Yield | 1.30% |
| Shareholder Yield | 3.74% |
| Earnings Yield | 12.44% |
| FCF Yield | 8.56% |
Analyst Forecast
The average price target for Avnet is $45.00, which is -11.45% lower than the current price. The consensus rating is "Sell".
| Price Target | $45.00 |
| Price Target Difference | -11.45% |
| Analyst Consensus | Sell |
| Analyst Count | 4 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on September 29, 2000. It was a forward split with a ratio of 2:1.
| Last Split Date | Sep 29, 2000 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
Avnet has an Altman Z-Score of 3.65 and a Piotroski F-Score of 6.
| Altman Z-Score | 3.65 |
| Piotroski F-Score | 6 |