Avnet Statistics
Total Valuation
Avnet has a market cap or net worth of $4.53 billion. The enterprise value is $7.95 billion.
| Market Cap | 4.53B |
| Enterprise Value | 7.95B |
Important Dates
The next confirmed earnings date is Wednesday, May 1, 2024, before market open.
| Earnings Date | May 1, 2024 |
| Ex-Dividend Date | Mar 5, 2024 |
Share Statistics
Avnet has 90.36 million shares outstanding. The number of shares has decreased by -1.04% in one year.
| Shares Outstanding | 90.36M |
| Shares Change (YoY) | -1.04% |
| Shares Change (QoQ) | -1.49% |
| Owned by Insiders (%) | 0.78% |
| Owned by Institutions (%) | 98.72% |
| Float | 89.78M |
Valuation Ratios
The trailing PE ratio is 6.92 and the forward PE ratio is 10.33. Avnet's PEG ratio is 2.53.
| PE Ratio | 6.92 |
| Forward PE | 10.33 |
| PS Ratio | 0.18 |
| Forward PS | 0.19 |
| PB Ratio | 0.90 |
| P/FCF Ratio | n/a |
| PEG Ratio | 2.53 |
Enterprise Valuation
| EV / Earnings | 11.87 |
| EV / Sales | 0.31 |
| EV / EBITDA | 6.13 |
| EV / EBIT | 6.89 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 2.34, with a Debt / Equity ratio of 0.74.
| Current Ratio | 2.34 |
| Quick Ratio | 1.00 |
| Debt / Equity | 0.74 |
| Debt / EBITDA | 2.85 |
| Debt / FCF | n/a |
| Interest Coverage | 3.96 |
Financial Efficiency
Return on equity (ROE) is 13.90% and return on invested capital (ROIC) is 9.69%.
| Return on Equity (ROE) | 13.90% |
| Return on Assets (ROA) | 5.30% |
| Return on Capital (ROIC) | 9.69% |
| Revenue Per Employee | $1.62M |
| Profits Per Employee | $42,398 |
| Employee Count | 15,800 |
| Asset Turnover | 2.04 |
| Inventory Turnover | 4.06 |
Taxes
In the past 12 months, Avnet has paid $193.09 million in taxes.
| Income Tax | 193.09M |
| Effective Tax Rate | 22.38% |
Stock Price Statistics
The stock price has increased by +23.95% in the last 52 weeks. The beta is 1.24, so Avnet's price volatility has been higher than the market average.
| Beta (1Y) | 1.24 |
| 52-Week Price Change | +23.95% |
| 50-Day Moving Average | 47.51 |
| 200-Day Moving Average | 47.56 |
| Relative Strength Index (RSI) | 64.60 |
| Average Volume (30 Days) | 601,648 |
Short Selling Information
The latest short interest is 2.78 million, so 3.07% of the outstanding shares have been sold short.
| Short Interest | 2.78M |
| Short Previous Month | 3.16M |
| Short % of Shares Out | 3.07% |
| Short % of Float | 3.09% |
| Short Ratio (days to cover) | 5.29 |
Income Statement
In the last 12 months, Avnet had revenue of $25.61 billion and earned $669.88 million in profits. Earnings per share was $7.24.
| Revenue | 25.61B |
| Gross Profit | 3.08B |
| Operating Income | 1.09B |
| Pretax Income | 862.97M |
| Net Income | 669.88M |
| EBITDA | 1.30B |
| EBIT | 1.15B |
| Earnings Per Share (EPS) | $7.24 |
Balance Sheet
The company has $272.85 million in cash and $3.70 billion in debt, giving a net cash position of -$3.42 billion or -$37.89 per share.
| Cash & Cash Equivalents | 272.85M |
| Total Debt | 3.70B |
| Net Cash | -3.42B |
| Net Cash Per Share | -$37.89 |
| Equity / Book Value | 5.01B |
| Book Value Per Share | 55.45 |
| Working Capital | 6.37B |
Cash Flow
In the last 12 months, operating cash flow was $169.22 million and capital expenditures -$241.33 million, giving a free cash flow of -$72.10 million.
| Operating Cash Flow | 169.22M |
| Capital Expenditures | -241.33M |
| Free Cash Flow | -72.10M |
| FCF Per Share | -$0.80 |
Margins
Gross margin is 12.04%, with operating and profit margins of 4.25% and 2.62%.
| Gross Margin | 12.04% |
| Operating Margin | 4.25% |
| Pretax Margin | 3.37% |
| Profit Margin | 2.62% |
| EBITDA Margin | 5.06% |
| EBIT Margin | 4.51% |
| FCF Margin | -0.28% |
Dividends & Yields
This stock pays an annual dividend of $1.24, which amounts to a dividend yield of 2.48%.
| Dividend Per Share | $1.24 |
| Dividend Yield | 2.48% |
| Dividend Growth (YoY) | 7.96% |
| Years of Dividend Growth | 10 |
| Payout Ratio | 17.13% |
| Buyback Yield | 1.04% |
| Shareholder Yield | 3.51% |
| Earnings Yield | 14.80% |
| FCF Yield | -1.59% |
Analyst Forecast
The average price target for Avnet is $45.50, which is -9.18% lower than the current price. The consensus rating is "Sell".
| Price Target | $45.50 |
| Price Target Difference | -9.18% |
| 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 3.58 and a Piotroski F-Score of 6.
| Altman Z-Score | 3.58 |
| Piotroski F-Score | 6 |