Avnet, Inc. (AVT)

NASDAQ: AVT · Delayed Price · USD
47.58
1.40 (3.03%)
At close: May 26, 2022 4:00 PM
46.19
-1.39 (-2.92%)
After-hours:May 26, 2022 5:03 PM EDT

Total Valuation

Avnet has a market cap or net worth of $4.65 billion. The enterprise value is $6.07 billion.

Market Cap4.65B
Enterprise Value6.07B

Important Dates

The latest earnings date was Wednesday, April 27, 2022, after market close.

Last Earnings DateApr 27, 2022
Ex-Dividend DateJun 7, 2022

Share Statistics

Avnet has 97.68 million shares outstanding. The number of shares has decreased by -0.89% in one year.

Shares Outstanding97.68M
Shares Change (YoY)-0.89%
Shares Change (QoQ)-0.38%
Owned by Insiders (%)0.88%
Owned by Institutions (%)98.60%
Float96.96M

Valuation Ratios

The trailing PE ratio is 9.00 and the forward PE ratio is 7.13. Avnet's PEG ratio is 0.33.

PE Ratio9.00
Forward PE7.13
PS Ratio0.20
PB Ratio1.09
P/FCF Ration/a
PEG Ratio0.33
Financial Ratio History

Enterprise Valuation

EV / Earnings11.43
EV / Sales0.26
EV / EBITDA6.51
EV / EBIT7.88
EV / FCFn/a

Financial Position

The company has a current ratio of 2.02, with a Debt / Equity ratio of 0.38.

Current Ratio2.02
Quick Ratio1.07
Debt / Equity0.38
Debt / EBITDA1.74
Debt / FCFn/a

Financial Efficiency

Return on equity (ROE) is 12.70%, which is not very high. The company has a high ROIC of 11.90%.

Return on Equity (ROE)12.70%
Return on Assets (ROA)5.70%
Return on Capital (ROIC)11.90%
Revenue Per Employee$1.60M
Profits Per Employee$36,615
Employee Count14,500
Asset Turnover2.47
Inventory Turnover6.31

Taxes

In the past 12 months, Avnet has paid $145.59 million in taxes.

Income Tax145.59M
Effective Tax Rate21.52%

Stock Price Statistics

The stock price has increased by +3.36% in the last 52 weeks. The beta is 1.29, so Avnet's price volatility has been higher than the market average.

Beta (1Y)1.29
52-Week Price Change+3.36%
50-Day Moving Average42.64
200-Day Moving Average40.79
Average Volume (30 Days)746,429

Short Selling Information

The latest short interest is 3.10 million, so 3.18% of the outstanding shares have been sold short.

Short Interest3.10M
Short % of Shares Out3.18%
Short % of Float3.20%
Short Ratio (days to cover)4.49

Income Statement

In the last 12 months, Avnet had revenue of $23.16 billion and earned 530.91 million in profits. Earnings per share was $5.29.

Revenue23.16B
Gross Profit2.83B
Operating Income772.32M
Pretax Income676.50M
Net Income530.91M
EBITDA931.73M
EBIT770.23M
Earnings Per Share (EPS)$5.29
Full Income Statement

Balance Sheet

The company has $199.46 million in cash and $1.62 billion in debt, giving a net cash position of -$1.42 billion or -$14.54 per share.

Cash & Cash Equivalents199.46M
Total Debt1.62B
Net Cash-1.42B
Net Cash Per Share-$14.54
Book Value4.26B
Book Value Per Share43.58
Working Capital4.15B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$126.00 million and capital expenditures -$45.04 million, giving a free cash flow of -$171.04 million.

Operating Cash Flow-126.00M
Capital Expenditures-45.04M
Free Cash Flow-171.04M
FCF Per Sharen/a
Full Cash Flow Statement

Margins

Gross margin is 12.22%, with operating and profit margins of 3.33% and 2.29%.

Gross Margin12.22%
Operating Margin3.33%
Pretax Margin2.92%
Profit Margin2.29%
EBITDA Margin4.02%
EBIT Margin3.32%
FCF Margin-0.74%

Dividends & Yields

This stock pays an annual dividend of $0.96, which amounts to a dividend yield of 2.02%.

Dividend Per Share$0.96
Dividend Yield2.02%
Earnings Yield11.42%
FCF Yield-3.68%
Dividend Growth (YoY)23.81%
Payout Ratio17.90%
Buyback Yield0.76%
Shareholder Yield2.78%
Dividend Details

Analyst Forecast

The average price target for Avnet is $47.18, which is -0.84% lower than the current price. The consensus rating is "Buy".

Price Target$47.18
Price Target Difference-0.84%
Analyst ConsensusBuy
Analyst Count13
Stock Forecasts

Stock Splits

The last stock split was on September 29, 2000. It was a forward split with a ratio of 2:1.

Last Split DateSep 29, 2000
Split TypeForward
Split Ratio2:1