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2.66 (1y: +8%)
Market Cap 164.74 M P/E(ttm)
Enterprise Value 81.64 M P/B 1.00
AVNW- NAS (USA)
Aviat Networks, Inc.
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$2.66
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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry		 vs
history
Cash to Debt 7.442
AVNW's Cash to Debt is ranked lower than
52% of the 432 Companies
in the Global Communication Equipment industry.

( Industry Median: 9.99 vs. AVNW: 7.442 )
AVNW' s 10-Year Cash to Debt Range
Min: 1.72   Max: No Debt
Current: 7.44
Equity to Asset 0.472
AVNW's Equity to Asset is ranked lower than
59% of the 432 Companies
in the Global Communication Equipment industry.

( Industry Median: 0.55 vs. AVNW: 0.472 )
AVNW' s 10-Year Equity to Asset Range
Min: 0.27   Max: 0.8
Current: 0.47
0.27
0.8
F-Score: 5
Z-Score: -0.13
M-Score: -2.99
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry		 vs
history
Operating margin (%) -2.90
AVNW's Operating margin (%) is ranked lower than
76% of the 432 Companies
in the Global Communication Equipment industry.

( Industry Median: 3.30 vs. AVNW: -2.90 )
AVNW' s 10-Year Operating margin (%) Range
Min: -69.9   Max: 4.8
Current: -2.9
-69.9
4.8
Net-margin (%) -5.4
AVNW's Net-margin (%) is ranked lower than
77% of the 432 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.90 vs. AVNW: -5.4 )
AVNW' s 10-Year Net-margin (%) Range
Min: -73.8   Max: 4
Current: -5.4
-73.8
4
ROE (%) -15.3
AVNW's ROE (%) is ranked lower than
87% of the 432 Companies
in the Global Communication Equipment industry.

( Industry Median: 4.60 vs. AVNW: -15.3 )
AVNW' s 10-Year ROE (%) Range
Min: -100.8   Max: 4.6
Current: -15.3
-100.8
4.6
ROA (%) -7.3
AVNW's ROA (%) is ranked lower than
83% of the 432 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.70 vs. AVNW: -7.3 )
AVNW' s 10-Year ROA (%) Range
Min: -78.9   Max: 3.6
Current: -7.3
-78.9
3.6
ROC (Joel Greenblatt) (%) -16.10
AVNW's ROC (Joel Greenblatt) (%) is ranked lower than
85% of the 432 Companies
in the Global Communication Equipment industry.

( Industry Median: 8.10 vs. AVNW: -16.10 )
AVNW' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -194.2   Max: 11.2
Current: -16.1
-194.2
11.2
Revenue Growth (%) -10.2
AVNW's Revenue Growth (%) is ranked lower than
89% of the 432 Companies
in the Global Communication Equipment industry.

( Industry Median: 0.00 vs. AVNW: -10.2 )
AVNW' s 10-Year Revenue Growth (%) Range
Min: -24.1   Max: 81.6
Current: -10.2
-24.1
81.6
EPS Growth (%) -49
AVNW's EPS Growth (%) is ranked lower than
98% of the 432 Companies
in the Global Communication Equipment industry.

( Industry Median: 0.00 vs. AVNW: -49 )
AVNW' s 10-Year EPS Growth (%) Range
Min: -57.6   Max: 317
Current: -49
-57.6
317
» AVNW's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

AVNW Guru Trades in Q2 2012

Arnold Schneider 1,366,525 sh (+9.6%)
Jim Simons 467,270 sh (+5.91%)
Chuck Royce 2,337,894 sh (+1.19%)
Jean-Marie Eveillard 397 sh (unchged)
» More
Q3 2012

AVNW Guru Trades in Q3 2012

Jim Simons 635,915 sh (+36.09%)
Arnold Schneider 1,513,735 sh (+10.77%)
Chuck Royce 2,367,894 sh (+1.28%)
Jean-Marie Eveillard 397 sh (unchged)
» More
Q4 2012

AVNW Guru Trades in Q4 2012

Steven Cohen 13,759 sh (New)
Jim Simons 699,695 sh (+10.03%)
Arnold Schneider 1,595,621 sh (+5.41%)
Chuck Royce 2,440,394 sh (+3.06%)
Jean-Marie Eveillard 397 sh (unchged)
» More
Q1 2013

AVNW Guru Trades in Q1 2013

Steven Cohen 26,989 sh (+96.16%)
Arnold Schneider 1,751,331 sh (+9.76%)
Chuck Royce 2,655,016 sh (+8.79%)
Jim Simons 732,900 sh (+4.75%)
Jean-Marie Eveillard 397 sh (unchged)
» More
» Details

Insider Trades

Latest Guru Trades with AVNW

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Jean-Marie Eveillard 2010-06-30 New Buy$3.58 - $7.35 $ 2.66-49%397
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/B 1.00
AVNW's P/B is ranked higher than
66% of the 413 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.50 vs. AVNW: 1.00 )
AVNW' s 10-Year P/B Range
Min: 0.39   Max: 9.95
Current: 1
0.39
9.95
P/S 0.33
AVNW's P/S is ranked higher than
86% of the 431 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.00 vs. AVNW: 0.33 )
AVNW' s 10-Year P/S Range
Min: 0.2   Max: 7.18
Current: 0.33
0.2
7.18
PFCF 22.20
AVNW's PFCF is ranked lower than
67% of the 244 Companies
in the Global Communication Equipment industry.

( Industry Median: 14.76 vs. AVNW: 22.20 )
AVNW' s 10-Year PFCF Range
Min: 6.76   Max: 137.5
Current: 22.2
6.76
137.5
EV-to-EBIT 21.3
AVNW's EV-to-EBIT is ranked lower than
60% of the 321 Companies
in the Global Communication Equipment industry.

( Industry Median: 16.40 vs. AVNW: 21.3 )
AVNW' s 10-Year EV-to-EBIT Range
Min: 16.6   Max: 258.4
Current: 21.3
16.6
258.4

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 1.6
AVNW's Price/Net Current Asset Value is ranked higher than
89% of the 371 Companies
in the Global Communication Equipment industry.

( Industry Median: 8.00 vs. AVNW: 1.6 )
AVNW' s 10-Year Price/Net Current Asset Value Range
Min: 1.6   Max: 24.5
Current: 1.6
1.6
24.5
Price/Tangible Book 1
AVNW's Price/Tangible Book is ranked higher than
66% of the 398 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.80 vs. AVNW: 1 )
AVNW' s 10-Year Price/Tangible Book Range
Min: 0.9   Max: 9.5
Current: 1
0.9
9.5
Price/DCF (Projected) 1
AVNW's Price/DCF (Projected) is ranked higher than
56% of the 116 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.20 vs. AVNW: 1 )
AVNW' s 10-Year Price/DCF (Projected) Range
Min: 0.9   Max: 4.6
Current: 1
0.9
4.6
Price/Median PS Value 0.3
AVNW's Price/Median PS Value is ranked higher than
95% of the 414 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.10 vs. AVNW: 0.3 )
AVNW' s 10-Year Price/Median PS Value Range
Min: 0.4   Max: 2.6
Current: 0.3
0.4
2.6
Earnings Yield (Greenblatt) 4.70
AVNW's Earnings Yield (Greenblatt) is ranked higher than
56% of the 432 Companies
in the Global Communication Equipment industry.

( Industry Median: 3.70 vs. AVNW: 4.70 )
AVNW' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.4   Max: 6
Current: 4.7
0.4
6
Forward Rate of Return (Yacktman) 3.38
AVNW's Forward Rate of Return (Yacktman) is ranked higher than
80% of the 432 Companies
in the Global Communication Equipment industry.

( Industry Median: 0.00 vs. AVNW: 3.38 )
AVNW' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -12.7   Max: 4.1
Current: 3.38
-12.7
4.1

Business Description

Aviat Networks, Inc. was incorporated in Delaware in 2006 to combine the businesses of Harris Corporation's Microwave Communications Division and Stratex Networks, Inc. On January 28, 2010, the Company changed its corporate name from Harris Stratex Networks, Inc. to Aviat Networks, Inc. The Company is a global supplier of microwave networking solutions, backed by an extensive suite of professional services and support. It designs, manufactures and sells a range of wireless networking products, solutions and services to mobile and fixed operators, private network operators, government agencies, transportation and utility companies, public safety agencies and broadcast network operators around the world. The Company sells products and services directly to its customers and also use agents and distributors. Its products include point-to-point (PTP) digital microwave transmission systems designed for first/last mile access, middle mile/backhaul, and long distance trunking applications. It also provides network management solutions to enable its customers to deploy, monitor and manage the Company's systems, third party equipment such as antennas, routers, multiplexers, etc, necessary to build and deploy a complete wireless network, and a full suite of turnkey support services. The Company's wireless systems deliver regional and country-wide backbone in developing nations, where microwave radio installations provide 21st-century communications rapidly and economically. Rural communities, areas with rugged terrain and regions with extreme temperatures benefit from the ability to build an advanced, affordable communications infrastructure despite these challenges. A significant part of the Company's international business consists of supplying wireless segments in small-pocket, remote, rural and metropolitan areas. High-capacity backhaul is one of the fastest growing wireless market segments and is a major opportunity for the Company. Principal customers for its products and services include domestic and international wireless/mobile service providers, OEMs, and private network users such as public safety agencies, government institutions, and utility, pipeline, railroad and other industrial enterprises that operate wireless networks. The Company's principal microwave competitors include large mobile infrastructure manufacturers such as Alcatel-Lucent, Ericsson, NEC, Huawei and ZTE , as well as a number of other smaller public and private microwave specialists companies such as Ceragon, DragonWave, SAIE and Exalt. The Company is subject to rules and regulations of federal and state regulatory authorities.
Company Website
SEC Reports
Industry: Communication Equipment
Compare:PTFRY, QCOM, CSCO, ERIC, NOK
Traded in other countries:HSD.Germany
» More Articles for AVNW

Headlines

Articles On GuruFocus.com
Today’s Heavily Traded, Rising Tech Stocks Nov 28 2012 
Aviat Networks Inc. (AVNW) SVP & COO Heinz Stumpe sells 1,994 Shares Nov 17 2010 
Aviat Networks Inc. Reports Operating Results (10-Q) Nov 10 2010 
AVNW update and valuation Oct 24 2010 
Aviat Networks Inc. Reports Operating Results (10-Q) May 12 2010 

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