US stock · Technology sector · Electronics & Computer Distribution
A
Avnet, Inc.
AVT
NASDAQ43.52
USD
+0.44
(+1.02%)
Market Closed
4.76P/E
8Forward P/E
0.23P/E to S&P500
3.994BMarket CAP
2.55%Div Yield
Upcoming Earnings
25 Apr-1 May
Shares Short
2/28/23
3.27M
Short % of Float
5.60%
Short % of Shares Outs.
3.58%
% Held by Insiders
0.65%
% Held by Institutions
99.07%
Beta
1.37
PEG Ratio
0.57
52w. high/low
50.19/35.45
Avg. Daily Volume
0.60M
Return %
Stock
S&P 500
1 year
0.32
(11.26)
3 years
86.70
66.43
5 years
(0.73)
45.04
Scale: |
High
Low
36.82
11.88
30.80
14.50
34.09
22.39
38.00
23.69
37.03
25.41
44.47
30.50
48.18
35.53
47.27
36.41
51.50
37.10
48.20
35.67
49.41
33.55
49.03
34.56
42.98
17.85
45.43
34.82
50.19
35.45
48.07
40.94
Currency: USD
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
TTM
Revenue per share
105.93
119.49
107.56
126.36
174.02
174.55
184.55
199.29
204.29
200.36
137.29
158.76
177.73
175.51
196.81
246.40
276.26
Earnings per share
2.66
3.32
(7.44)
2.71
4.39
3.85
3.26
3.95
4.18
3.87
4.14
(1.30)
1.61
(0.31)
1.95
7.02
9.03
FCF per share
4.50
2.42
6.68
(0.64)
0.85
2.72
4.34
0.83
3.00
0.59
(3.85)
0.81
3.75
6.54
0.41
(2.72)
(11.13)
Dividends per share
- -
- -
- -
- -
- -
- -
- -
0.60
0.64
0.68
0.70
0.74
0.79
0.84
0.85
1.00
1.09
CAPEX per share
0.40
0.60
0.73
0.44
0.98
0.87
0.71
0.89
1.28
1.13
0.95
1.30
1.12
0.73
0.51
0.50
1.45
Book Value per sh.
22.97
27.52
18.30
19.85
26.60
26.52
31.09
35.44
34.28
35.85
40.79
39.07
37.70
37.09
41.15
42.50
44.33
Comm.Shares outs.
148
150
151
152
152
147
138
138
137
131
127
120
110
100
99
99
95
Avg. annual P/E ratio
14.2
8.0
(3.1)
10.5
7.2
8.3
11.3
10.9
10.4
10.8
9.9
(32.3)
26.5
(94.8)
20.4
6.0
4.8
P/E to S&P500
0.8
0.4
(0.0)
0.5
0.4
0.6
0.7
0.6
0.5
0.5
0.4
(1.3)
1.1
(2.5)
0.7
0.3
0.2
Avg. annual div. yield
- -
- -
- -
- -
- -
- -
- -
1.4%
1.5%
1.6%
1.7%
1.7%
1.9%
2.8%
2.1%
2.4%
2.5%
Revenue (m)
15,681
17,953
16,230
19,160
26,534
25,708
25,459
27,500
27,925
26,219
17,440
19,037
19,519
17,634
19,535
24,311
26,328
Operating margin
4.3%
4.0%
(6.3)%
3.3%
3.5%
3.4%
2.5%
2.9%
3.0%
3.0%
2.6%
1.2%
1.9%
(0.0)%
1.4%
3.9%
4.4%
Depreciation (m)
54
59
66
61
81
101
121
137
147
126
155
235
181
243
189
155
145
Net profit (m)
393
499
(1,122)
410
669
567
450
546
572
507
525
(156)
176
(31)
193
692
858
Income tax rate
33.0%
29.6%
(3.6)%
29.9%
23.2%
28.3%
18.1%
22.2%
19.8%
24.5%
15.2%
198.5%
25.7%
76.9%
(11.7)%
16.9%
17.8%
Net profit margin
2.5%
2.8%
(6.9)%
2.1%
2.5%
2.2%
1.8%
2.0%
2.0%
1.9%
3.0%
(0.8)%
0.9%
(0.2)%
1.0%
2.8%
3.3%
Working capital (m)
2,712
3,192
2,688
3,191
3,749
3,456
3,535
3,975
4,370
4,061
5,080
4,641
4,298
4,048
4,108
4,625
6,246
Long-term debt (m)
1,156
1,181
947
1,244
1,274
1,272
1,207
1,214
1,647
1,339
1,729
1,489
1,420
1,679
1,431
1,637
3,179
Equity (m)
3,401
4,135
2,761
3,009
4,056
3,906
4,289
4,890
4,685
4,691
5,182
4,685
4,140
3,726
4,084
4,193
4,430
ROIC
8.6%
9.2%
(27.6)%
10.4%
13.6%
11.8%
9.5%
10.0%
9.9%
9.2%
8.0%
(3.5)%
4.6%
(0.0)%
5.0%
12.6%
12.6%
Return on capital
8.0%
8.6%
(16.2)%
8.3%
9.7%
8.7%
6.3%
7.2%
7.5%
6.8%
7.0%
2.4%
4.4%
(0.1)%
2.9%
9.0%
10.1%
Return on equity
11.6%
12.1%
(40.7)%
13.6%
16.5%
14.5%
10.5%
11.2%
12.2%
10.8%
10.1%
(3.3)%
4.3%
(0.8)%
4.7%
16.5%
19.4%
Plowback ratio
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
84.8%
84.7%
82.5%
66.3%
161.8%
51.6%
384.3%
56.3%
85.8%
87.9%
Div.&Repurch./FCF
(89.1)%
- -
- -
- -
- -
79.6%
34.6%
80.0%
60.4%
611.6%
(74.5)%
- -
159.2%
- -
207.7%
(105.5)%
(43.8)%
Capital Structure
3 Feb · 2023 | Q2
All numbers in millions
Total liabilities
$ 7,500
Total assets
$ 11,930
Long-term debt
$ 3,179
Cash and equiv.
$ 325
Goodwill
$ 755
Retained earnings
$ 3,089
Common stock
91
Enterprise Value
$ 6,848
Working Capital
Currency: USD, in millions
2020
2021
2022
Cash & Investments
477
200
154
Receivables
2,928
3,576
4,301
Inventory
2,732
3,237
4,244
Other
191
(127)
(146)
Current assets
6,329
7,163
8,877
Acc. Payable
1,754
2,401
3,432
Debt due
53
81
229
Other
473
572
591
Current liabilities
2,280
3,055
4,252
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
24.45%
7.03%
0.80%
Cash flow
(760.84)%
(118.29)%
(137.08)%
Earnings
258.53%
(198.29)%
(100.51)%
Dividends
16.82%
3.08%
- -
Book value
2.66%
(2.34)%
0.16%
Insider Trading
Type
Shares
Date
Adkins Rodney C
Award
35
03/15/23
Khaykin Oleg
Award
235
03/15/23
Maddock Ernest E
Award
30
03/15/23
Freeman Brenda
Award
156
03/15/23
Obregon-Jimenez Rebeca
InKind
1,096
01/06/23
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2021
4,723
4,668
4,917
5,227
19,535
2022
5,585
5,865
6,488
6,373
24,311
2023
6,750
6,718
- -
- -
- -
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
(0.19)
0.19
1.08
0.86
1.95
2022
1.13
1.53
1.86
2.50
7.02
2023
1.96
2.67
- -
- -
- -
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
0.21
0.21
0.21
0.22
0.85
2022
0.24
0.24
0.26
0.26
1.00
2023
0.29
0.29
- -
- -
- -
Company Description
Sector:
Technology
Industry:
Electronics & Computer Distribution
CEO:
Mr. Philip R. Gallagher
Full-time employees:
15,300
City:
Phoenix
Address:
2211 South 47th Street
Avnet, Inc., a technology solutions company, markets, sells, and distributes electronic components. The company operates through two segments, Electronic Components and Farnell. The Electronic Components segment markets, sells, and distributes semiconductors; interconnect, passive, and electromechanical devices; and other integrated components from electronic component manufacturers. It also offers design chain support that provides engineers with technical design solutions; engineering and technical resources to support product design, bill of materials development, and technical education and training; and supply chain solutions that provide support and logistical services to original equipment manufacturers, electronic manufacturing service providers, and electronic component manufacturers. In addition, this segment provides integrated solutions, such as technical design, integration, and assembly of embedded products, and systems and solutions primarily for industrial applications, as well as for intelligent and innovative embedded display solutions comprising touch and passive displays. Further, it develops and manufactures standard board and industrial subsystems, and application-specific devices that enable it to produce systems tailored to specific customer requirements. This segment serves various markets, such as automotive, medical, defense, aerospace, telecommunications, industrial, and digital editing. The Farnell segment distributes kits, tools, and electronic and industrial automation components, as well as test and measurement products to engineers and entrepreneurs. It has operations in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Avnet, Inc. was founded in 1921 and is headquartered in Phoenix, Arizona.