(AVT) Avnet - Overview
Stock: Semiconductors, Passive Components, Connectors, Embedded Boards, Test Equipment
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 2.70% |
| Yield on Cost 5y | 4.00% |
| Yield CAGR 5y | 10.57% |
| Payout Consistency | 69.6% |
| Payout Ratio | 38.4% |
| Risk 5d forecast | |
|---|---|
| Volatility | 28.6% |
| Relative Tail Risk | -9.59% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.94 |
| Alpha | 18.39 |
| Character TTM | |
|---|---|
| Beta | 1.110 |
| Beta Downside | 1.082 |
| Drawdowns 3y | |
|---|---|
| Max DD | 27.12% |
| CAGR/Max DD | 0.60 |
Description: AVT Avnet January 08, 2026
Avnet, Inc. (NASDAQ:AVT) is a global distributor of electronic components and embedded solutions, operating in the Americas, EMEA, and APAC through two segments: Electronic Components and Farnell. The company sources semiconductors, interconnects, passive and electromechanical parts, and offers design-support services, supply-chain logistics, and custom-engineered embedded systems for OEMs, EMS providers, and component manufacturers.
Its end-market exposure spans automotive (including EV power-train electronics), defense & aerospace, medical devices, telecom, industrial automation, and digital content creation. In FY 2023, Avnet reported revenue of roughly $19.5 billion, with an operating margin of about 4.2 % and free cash flow generation of $1.1 billion, reflecting the firm’s scale and the pricing pressure in the component distribution space.
Key drivers for Avnet’s performance include (1) the ongoing global semiconductor shortage, which has heightened demand for reliable distributors that can manage inventory risk; (2) the acceleration of AI-enabled edge computing and IoT, expanding the market for embedded modules and design-services; and (3) macro-economic trends in automotive electrification, where component demand is expected to grow at a CAGR of ~8 % through 2027.
Investors should monitor Avnet’s inventory turnover ratio and its exposure to the cyclical automotive sector, as these metrics historically correlate with earnings volatility in the technology-distribution industry.
For a deeper quantitative breakdown, see ValueRay’s AVT analyst page.
Piotroski VR‑10 (Strict, 0-10) 2.5
| Net Income: 207.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -8.09 > 1.0 |
| NWC/Revenue: 24.58% < 20% (prev 26.09%; Δ -1.51% < -1%) |
| CFO/TA 0.02 > 3% & CFO 344.0m > Net Income 207.5m |
| Net Debt (2.88b) to EBITDA (618.0m): 4.66 < 3 |
| Current Ratio: 2.07 > 1.5 & < 3 |
| Outstanding Shares: last quarter (82.8m) vs 12m ago -6.83% < -2% |
| Gross Margin: 10.62% > 18% (prev 0.11%; Δ 1051 % > 0.5%) |
| Asset Turnover: 139.0% > 50% (prev 188.3%; Δ -49.27% > 0%) |
| Interest Coverage Ratio: 2.05 > 6 (EBITDA TTM 618.0m / Interest Expense TTM 240.7m) |
Altman Z'' 2.89
| A: 0.27 (Total Current Assets 11.02b - Total Current Liabilities 5.33b) / Total Assets 21.37b |
| B: 0.16 (Retained Earnings 3.43b / Total Assets 21.37b) |
| C: 0.03 (EBIT TTM 492.9m / Avg Total Assets 16.66b) |
| D: 0.40 (Book Value of Equity 3.26b / Total Liabilities 8.22b) |
| Altman-Z'' Score: 2.89 = A |
Beneish M -0.59
| DSRI: 1.15 (Receivables 5.24b/4.42b, Revenue 23.15b/22.48b) |
| GMI: 1.05 (GM 10.62% / 11.19%) |
| AQI: 4.79 (AQ_t 0.44 / AQ_t-1 0.09) |
| SGI: 1.03 (Revenue 23.15b / 22.48b) |
| TATA: -0.01 (NI 207.5m - CFO 344.0m) / TA 21.37b) |
| Beneish M-Score: -0.59 (Cap -4..+1) = D |
What is the price of AVT shares?
Over the past week, the price has changed by +6.78%, over one month by +35.27%, over three months by +42.27% and over the past year by +35.61%.
Is AVT a buy, sell or hold?
- StrongBuy: 1
- Buy: 0
- Hold: 2
- Sell: 1
- StrongSell: 1
What are the forecasts/targets for the AVT price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 59.3 | -11.1% |
| Analysts Target Price | 59.3 | -11.1% |
| ValueRay Target Price | 77 | 15.6% |
AVT Fundamental Data Overview February 03, 2026
P/E Forward = 6.7705
P/S = 0.2206
P/B = 1.0345
P/EG = 2.5263
Revenue TTM = 23.15b USD
EBIT TTM = 492.9m USD
EBITDA TTM = 618.0m USD
Long Term Debt = 2.57b USD (from longTermDebt, last fiscal year)
Short Term Debt = 516.3m USD (from shortTermDebt, last quarter)
Debt = 3.17b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.88b USD (from netDebt column, last quarter)
Enterprise Value = 7.99b USD (5.11b + Debt 3.17b - CCE 286.5m)
Interest Coverage Ratio = 2.05 (Ebit TTM 492.9m / Interest Expense TTM 240.7m)
EV/FCF = 36.69x (Enterprise Value 7.99b / FCF TTM 217.7m)
FCF Yield = 2.73% (FCF TTM 217.7m / Enterprise Value 7.99b)
FCF Margin = 0.94% (FCF TTM 217.7m / Revenue TTM 23.15b)
Net Margin = 0.90% (Net Income TTM 207.5m / Revenue TTM 23.15b)
Gross Margin = 10.62% ((Revenue TTM 23.15b - Cost of Revenue TTM 20.69b) / Revenue TTM)
Gross Margin QoQ = 10.49% (prev 10.42%)
Tobins Q-Ratio = 0.37 (Enterprise Value 7.99b / Total Assets 21.37b)
Interest Expense / Debt = 1.94% (Interest Expense 61.4m / Debt 3.17b)
Taxrate = 31.34% (28.2m / 89.9m)
NOPAT = 338.5m (EBIT 492.9m * (1 - 31.34%))
Current Ratio = 2.07 (Total Current Assets 11.02b / Total Current Liabilities 5.33b)
Debt / Equity = 0.24 (Debt 3.17b / totalStockholderEquity, last quarter 13.15b)
Debt / EBITDA = 4.66 (Net Debt 2.88b / EBITDA 618.0m)
Debt / FCF = 13.23 (Net Debt 2.88b / FCF TTM 217.7m)
Total Stockholder Equity = 6.97b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.25% (Net Income 207.5m / Total Assets 21.37b)
RoE = 2.97% (Net Income TTM 207.5m / Total Stockholder Equity 6.97b)
RoCE = 5.16% (EBIT 492.9m / Capital Employed (Equity 6.97b + L.T.Debt 2.57b))
RoIC = 4.41% (NOPAT 338.5m / Invested Capital 7.68b)
WACC = 6.69% (E(5.11b)/V(8.27b) * Re(10.01%) + D(3.17b)/V(8.27b) * Rd(1.94%) * (1-Tc(0.31)))
Discount Rate = 10.01% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -5.03%
[DCF Debug] Terminal Value 76.61% ; FCFF base≈565.9m ; Y1≈371.5m ; Y5≈169.5m
Fair Price DCF = 17.93 (EV 4.35b - Net Debt 2.88b = Equity 1.47b / Shares 81.9m; r=6.69% [WACC]; 5y FCF grow -40.0% → 2.90% )
[DCF Warning] FCF declining rapidly (-40.0%), DCF may be unreliable
EPS Correlation: -92.70 | EPS CAGR: -17.40% | SUE: 1.03 | # QB: 1
Revenue Correlation: -69.66 | Revenue CAGR: -0.70% | SUE: 2.90 | # QB: 3
EPS next Quarter (2026-03-31): EPS=1.31 | Chg30d=+0.108 | Revisions Net=-3 | Analysts=4
EPS current Year (2026-06-30): EPS=4.54 | Chg30d=+0.197 | Revisions Net=+1 | Growth EPS=+32.0% | Growth Revenue=+13.1%
EPS next Year (2027-06-30): EPS=6.22 | Chg30d=+0.015 | Revisions Net=-2 | Growth EPS=+37.1% | Growth Revenue=+5.1%