Avnet Inc. (AVT)
Avnet Statistics
Share Statistics
Avnet has 86.5M shares outstanding. The number of shares has increased by -4.29% in one year.
| Shares Outstanding | 86.5M |
| Shares Change (YoY) | -4.29% |
| Shares Change (QoQ) | -0.5% |
| Owned by Institutions (%) | 99.99% |
| Shares Floating | 85.73M |
| Failed to Deliver (FTD) Shares | 1.9K |
| FTD / Avg. Volume | 0.22% |
Short Selling Information
The latest short interest is 4.84M, so 5.56% of the outstanding shares have been sold short.
| Short Interest | 4.84M |
| Short % of Shares Out | 5.56% |
| Short % of Float | 5.61% |
| Short Ratio (days to cover) | 5.15 |
Valuation Ratios
The PE ratio is 9.35 and the forward PE ratio is 8.82. Avnet's PEG ratio is -0.27.
| PE Ratio | 9.35 |
| Forward PE | 8.82 |
| PS Ratio | 0.2 |
| Forward PS | 0.2 |
| PB Ratio | 0.95 |
| P/FCF Ratio | 10.06 |
| PEG Ratio | -0.27 |
Enterprise Valuation
Avnet has an Enterprise Value (EV) of 7.48B.
| EV / Sales | 0.31 |
| EV / EBITDA | 7.09 |
| EV / EBIT | 10.84 |
| EV / FCF | 16.14 |
Financial Position
The company has a current ratio of 2.32, with a Debt / Equity ratio of 0.63.
| Current Ratio | 2.32 |
| Quick Ratio | 1.1 |
| Debt / Equity | 0.63 |
| Debt / EBITDA | 2.96 |
| Debt / FCF | 6.75 |
| Interest Coverage | 3.17 |
Financial Efficiency
Return on Equity is 10.12% and Return on Invested Capital is 8.48%.
| Return on Equity | 10.12% |
| Return on Assets | 4.08% |
| Return on Invested Capital | 8.48% |
| Revenue Per Employee | $1.54M |
| Profits Per Employee | $32.25K |
| Employee Count | 15,462 |
| Asset Turnover | 1.95 |
| Inventory Turnover | 3.84 |
Taxes
| Income Tax | 133.56M |
| Effective Tax Rate | 21.12% |
Stock Price Statistics
The stock price has increased by -2.85% in the last 52 weeks. The beta is 1.11, so Avnet's price volatility has been higher than the market average.
| Beta | 1.11 |
| 52-Week Price Change | -2.85% |
| 50-Day Moving Average | 50.2 |
| 200-Day Moving Average | 52.49 |
| Relative Strength Index (RSI) | 42.94 |
| Average Volume (20 Days) | 866.83K |
Income Statement
In the last 12 months, Avnet had revenue of 23.76B and earned 498.7M in profits. Earnings per share was 5.51.
| Revenue | 23.76B |
| Gross Profit | 2.77B |
| Operating Income | 896.92M |
| Net Income | 498.7M |
| EBITDA | 1.06B |
| EBIT | 919.67M |
| Earnings Per Share (EPS) | 5.51 |
Balance Sheet
The company has 310.94M in cash and 3.13B in debt, giving a net cash position of -2.82B.
| Cash & Cash Equivalents | 310.94M |
| Total Debt | 3.13B |
| Net Cash | -2.82B |
| Retained Earnings | 3.6B |
| Total Assets | 11.94B |
| Working Capital | 5.87B |
Cash Flow
In the last 12 months, operating cash flow was 689.98M and capital expenditures -226.48M, giving a free cash flow of 463.51M.
| Operating Cash Flow | 689.98M |
| Capital Expenditures | -226.48M |
| Free Cash Flow | 463.51M |
| FCF Per Share | 5.12 |
Margins
Gross margin is 11.64%, with operating and profit margins of 3.78% and 2.1%.
| Gross Margin | 11.64% |
| Operating Margin | 3.78% |
| Pretax Margin | 2.66% |
| Profit Margin | 2.1% |
| EBITDA Margin | 4.44% |
| EBIT Margin | 3.78% |
| FCF Margin | 1.95% |
Dividends & Yields
AVT pays an annual dividend of $1.61, which amounts to a dividend yield of 2.65%.
| Dividend Per Share | $1.61 |
| Dividend Yield | 2.65% |
| Dividend Growth (YoY) | 6.45% |
| Payout Ratio | 45.48% |
| Earnings Yield | 10.69% |
| FCF Yield | 9.94% |
Analyst Forecast
The average price target for AVT is $50, which is 5.4% higher than the current price. The consensus rating is "Hold".
| Price Target | $50 |
| Price Target Difference | 5.4% |
| Analyst Consensus | Hold |
| Analyst Count | 4 |
Stock Splits
The last stock split was on Sep 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
| Altman Z-Score | 3 |
| Piotroski F-Score | 7 |