AVT Stock Analysis: Avnet | NASDAQ
Electronics & Computer Distribution | NASDAQ, USA | Market Cap: 7.025m USD | 12M Return: 58.1% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 103M
EPS Trend: -91.9%
Qual. Beats: 2
Rev. Trend: -65.9%
Qual. Beats: 4
Warnings
No concerns identified
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Avnet, Inc. (NASDAQ: AVT) is a global distributor of electronic components, operating across the Americas, Europe, the Middle East, Africa, and Asia/Pacific. The company is organized into two segments: Electronic Components and Farnell. Its core business is marketing, selling, and distributing semiconductors, interconnect, passive, and electromechanical components, as well as other integrated and embedded components supplied by electronic component manufacturers. As one of the largest global high-service electronics distributors, Avnet acts as an intermediary between component makers and the customers that build products with those components.
In addition to product distribution, Avnet offers design and engineering support, technical education and training, and supply chain services such as warehousing and logistics to original equipment manufacturers (OEMs), electronic manufacturing service providers, and component manufacturers. The company also provides embedded solutions, including technical design, integration, assembly, and embedded display products, and develops standard board and industrial subsystems as well as application-specific devices tailored to customer requirements. It serves a diverse range of end markets, including automotive, defense, aerospace, medical, telecommunications, industrial, and digital editing.
Through its Farnell segment and related offerings, Avnet also distributes kits, tools, and electronic and industrial automation components, as well as test and measurement products aimed at engineers and entrepreneurs, giving the company exposure to the lower-volume maker and small-business customer base in addition to large industrial buyers. Founded in 1921 and headquartered in Phoenix, Arizona, Avnet is classified within the Information Technology sector under the Technology Distributors sub-industry and trades on the NASDAQ as a mid-cap stock.
- Industrial and automotive demand recovery drives component sales
- Inventory destocking pressures gross margins across segments
- Capital allocation prioritizes dividends and opportunistic share buybacks
| Net Income: 213.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA -6.12 > 1.0 |
| NWC/Revenue: 22.93% < 20% (prev 26.10%; Δ -3.18% < -1%) |
| CFO/TA 0.01 > 3% & CFO 149.3m > Net Income 213.9m |
| Net Debt (3.20b) to EBITDA (688.6m): 4.65 < 3 |
| Current Ratio: 2.01 > 1.5 & < 3 |
| Outstanding Shares: last quarter (82.9m) vs 12m ago -4.54% < -2% |
| Gross Margin: 10.46% > 18% (prev 10.99%; Δ -0.53% > 0.5%) |
| Asset Turnover: 198.0% > 50% (prev 189.1%; Δ 8.96% > 0%) |
| Interest Coverage Ratio: 2.29 > 6 (EBIT TTM 559.1m / Interest Expense TTM 244.4m) |
| A: 0.42 (Total Current Assets 11.4b - Total Current Liabilities 5.66b) / Total Assets 13.5b |
| B: 0.25 (Retained Earnings 3.42b / Total Assets 13.5b) |
| C: 0.04 (EBIT TTM 559.1m / Avg Total Assets 12.6b) |
| D: 0.58 (Book Value of Equity 4.95b / Total Liabilities 8.54b) |
| Altman-Z'' = 4.52 = AA |
| DSRI: 1.19 (Receivables 5.50b/4.10b, Revenue 25.0b/22.1b) |
| GMI: 1.05 (GM 10.99% / 10.46%) |
| AQI: 0.93 (AQ_t 0.09 / AQ_t-1 0.10) |
| SGI: 1.13 (Revenue 25.0b / 22.1b) |
| TATA: 0.00 (NI 213.9m - CFO 149.3m) / TA 13.5b) |
| Beneish M = -2.77 (Cap -4..+1) = A |
As of July 21, 2026, the stock is trading at USD 85.02 with a total of 665,536 shares traded. Over the past week, the price has changed by -0.15%, over one month by -8.04%, over three months by +14.83% and over the past year by +58.05%.
Current recommended Stop Loss: 81.20 (which is 4.5% or 1.2 ATR below the current price).
Avnet has received a consensus analysts rating of 2.80. Therefore, it is recommended to hold AVT.
- StrongBuy: 1
- Buy: 0
- Hold: 2
- Sell: 1
- StrongSell: 1
| Analysts Target Price | 89 | 4.7% |
P/E Trailing = 33.0695
P/E Forward = 7.0972
P/S = 0.2815
P/B = 1.4181
P/EG = 2.6486
Revenue TTM = 25.0b USD
EBIT TTM = 559.1m USD
EBITDA TTM = 688.6m USD
Long Term Debt = 2.47b USD (from longTermDebt, last quarter)
Short Term Debt = 520.9m USD (from shortTermDebt, last quarter)
Debt = 3.40b USD (from shortLongTermDebtTotal, last quarter) + Leases 229.6m
Net Debt = 3.20b USD (calculated: Debt 3.40b - CCE 202.4m)
Enterprise Value = 10.2b USD (7.03b + Debt 3.40b - CCE 202.4m)
Interest Coverage Ratio = 2.29 (Ebit TTM 559.1m / Interest Expense TTM 244.4m)
EV/FCF = 311.0x (Enterprise Value 10.2b / FCF TTM 32.9m)
FCF Yield = 0.32% (FCF TTM 32.9m / Enterprise Value 10.2b)
FCF Margin = 0.13% (FCF TTM 32.9m / Revenue TTM 25.0b)
Net Margin = 0.86% (Net Income TTM 213.9m / Revenue TTM 25.0b)
Gross Margin = 10.46% ((Revenue TTM 25.0b - Cost of Revenue TTM 22.3b) / Revenue TTM)
Gross Margin QoQ = 10.38% (prev 10.49%)
Tobins Q-Ratio = 0.76 (Enterprise Value 10.2b / Total Assets 13.5b)
Interest Expense / Debt = 7.19% (Interest Expense 244.4m / Debt 3.40b)
Taxrate = 32.03% (100.8m / 314.7m)
NOPAT = 380.1m (EBIT 559.1m * (1 - 32.03%))
Current Ratio = 2.01 (Total Current Assets 11.4b / Total Current Liabilities 5.66b)
Debt / Equity = 0.69 (Debt 3.40b / totalStockholderEquity, last quarter 4.95b)
Debt / EBITDA = 4.65 (Net Debt 3.20b / EBITDA 688.6m)
Debt / FCF = 97.31 (Net Debt 3.20b / FCF TTM 32.9m)
Total Stockholder Equity = 4.94b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.70% (Net Income 213.9m / Total Assets 13.5b)
RoE = 4.33% (Net Income TTM 213.9m / Total Stockholder Equity 4.94b)
RoCE = 7.55% (EBIT 559.1m / Capital Employed (Equity 4.94b + L.T.Debt 2.47b))
RoIC = 4.67% (NOPAT 380.1m / Invested Capital 8.14b)
WACC = 8.44% (E(7.03b)/V(10.4b) * Re(10.16%) + D(3.40b)/V(10.4b) * Rd(7.19%) * (1-Tc(0.32)))
Discount Rate = 10.16% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -98.72 | Cagr: -4.41%
[DCF] Terminal Value 72.77% ; FCFF base≈317.8m ; Y1≈278.7m ; Y5≈225.2m
[DCF] Fair Price = 4.42 (EV 3.56b - Net Debt 3.20b = Equity 362.2m / Shares 82.0m; r=8.44% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -91.94 | EPS CAGR: -27.92% | SUE: 1.81 | # QB: 2
Revenue Correlation: -65.95 | Revenue CAGR: -4.71% | SUE: 4.0 | # QB: 4
EPS current Quarter (2026-09-30): EPS=1.89 | Chg30d=+32.46% | Revisions=+57% | Analysts=4
EPS current Year (2026-06-30): EPS=5.13 | Chg30d=+16.24% | Revisions=+50% | GrowthEPS=+49.1% | GrowthRev=+21.0%
EPS next Year (2027-06-30): EPS=7.89 | Chg30d=+26.79% | Revisions=+57% | GrowthEPS=+53.8% | GrowthRev=+13.8%
[Analyst] Revisions Ratio: +79% (up=11, down=0)