Hide

FocusBar

FeedbackFeedback
Subscribe to Premium Member
34.29 (1y: +11%)
Market Cap 4.64 B P/E(ttm) 10.70
Enterprise Value 5.9 B P/B 1.20
AVT- NYSE (USA)
Avnet Inc
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
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
$34.29
Switch to:

GuruFocus Financial Strength Rank measures how strong a companyย’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 : 7/10

vs
industry		 vs
history
Cash to Debt 0.47
AVT's Cash to Debt is ranked lower than
67% of the 1561 Companies
in the Global Electronics Distribution industry.

( Industry Median: 118.50 vs. AVT: 0.47 )
AVT' s 10-Year Cash to Debt Range
Min: 0.04   Max: 0.97
Current: 0.47
0.04
0.97
Equity to Asset 0.276
AVT's Equity to Asset is ranked lower than
84% of the 1561 Companies
in the Global Electronics Distribution industry.

( Industry Median: 0.54 vs. AVT: 0.276 )
AVT' s 10-Year Equity to Asset Range
Min: 0.17   Max: 0.35
Current: 0.28
0.17
0.35
Interest Coverage 9.7
AVT's Interest Coverage is ranked lower than
54% of the 1561 Companies
in the Global Electronics Distribution industry.

( Industry Median: 10000.00 vs. AVT: 9.7 )
AVT' s 10-Year Interest Coverage Range
Min: 0   Max: 10
Current: 9.7
0
10
F-Score: 5
Z-Score: 3.88
M-Score: -2.38
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’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.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

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 (%) 3.40
AVT's Operating margin (%) is ranked higher than
69% of the 1946 Companies
in the Global Electronics Distribution industry.

( Industry Median: 3.80 vs. AVT: 3.40 )
AVT' s 10-Year Operating margin (%) Range
Min: -6.3   Max: 4.3
Current: 3.4
-6.3
4.3
Net-margin (%) 2.2
AVT's Net-margin (%) is ranked higher than
69% of the 1946 Companies
in the Global Electronics Distribution industry.

( Industry Median: 2.70 vs. AVT: 2.2 )
AVT' s 10-Year Net-margin (%) Range
Min: -7.5   Max: 2.8
Current: 2.2
-7.5
2.8
ROE (%) 14.5
AVT's ROE (%) is ranked higher than
89% of the 1946 Companies
in the Global Electronics Distribution industry.

( Industry Median: 5.30 vs. AVT: 14.5 )
AVT' s 10-Year ROE (%) Range
Min: -40.7   Max: 16.5
Current: 14.5
-40.7
16.5
ROA (%) 5.6
AVT's ROA (%) is ranked higher than
83% of the 1946 Companies
in the Global Electronics Distribution industry.

( Industry Median: 3.00 vs. AVT: 5.6 )
AVT' s 10-Year ROA (%) Range
Min: -17.9   Max: 6.8
Current: 5.6
-17.9
6.8
ROC (Joel Greenblatt) (%) 23.40
AVT's ROC (Joel Greenblatt) (%) is ranked higher than
84% of the 1946 Companies
in the Global Electronics Distribution industry.

( Industry Median: 8.80 vs. AVT: 23.40 )
AVT' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -49.2   Max: 28.4
Current: 23.4
-49.2
28.4
Revenue Growth (%) 12.4
AVT's Revenue Growth (%) is ranked higher than
97% of the 1946 Companies
in the Global Electronics Distribution industry.

( Industry Median: 1.65 vs. AVT: 12.4 )
AVT' s 10-Year Revenue Growth (%) Range
Min: -9   Max: 12.4
Current: 12.4
-9
12.4
ยป AVT's 10-Y Financials

Financials


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

» Details

Guru Trades
Q2 2012

AVT Guru Trades in Q2 2012

Paul Tudor Jones 14,300 sh (New)
Steven Cohen 58,705 sh (+163.03%)
Chuck Royce 72,163 sh (+24.29%)
Scott Black 269,966 sh (+11.15%)
Columbia Wanger 3,241,000 sh (unchged)
Robert Rodriguez 2,332,000 sh (unchged)
First Pacific Advisors 4,829,942 sh (unchged)
Jeremy Grantham 8,100 sh (-1.22%)
Richard Pzena 1,981,261 sh (-1.72%)
NWQ Managers 530,458 sh (-3.18%)
Pioneer Investments 324,122 sh (-4.08%)
Joel Greenblatt 38,723 sh (-16.35%)
Arnold Schneider 228,044 sh (-34.25%)
Ken Fisher 56,610 sh (-60.69%)
» More
Q3 2012

AVT Guru Trades in Q3 2012

Joel Greenblatt 129,462 sh (+234.33%)
Jeremy Grantham 19,400 sh (+139.51%)
Richard Pzena 2,487,247 sh (+25.54%)
Robert Rodriguez 2,332,000 sh (unchged)
Columbia Wanger 3,241,000 sh (unchged)
Scott Black 267,110 sh (-1.06%)
First Pacific Advisors 4,750,042 sh (-1.65%)
Chuck Royce 68,070 sh (-5.67%)
Ken Fisher 50,990 sh (-9.93%)
NWQ Managers 317,986 sh (-40.05%)
Paul Tudor Jones 7,900 sh (-44.76%)
Steven Cohen 27,141 sh (-53.77%)
Arnold Schneider 99,493 sh (-56.37%)
Pioneer Investments 14,100 sh (-95.65%)
» More
Q4 2012

AVT Guru Trades in Q4 2012

Richard Snow 1,276,434 sh (New)
Louis Moore Bacon 25,000 sh (New)
Paul Tudor Jones 12,800 sh (+62.03%)
Joel Greenblatt 172,444 sh (+33.2%)
Chuck Royce 85,435 sh (+25.51%)
NWQ Managers 347,241 sh (+9.2%)
First Pacific Advisors 5,030,742 sh (+5.91%)
Ken Fisher 50,990 sh (unchged)
Columbia Wanger 3,241,000 sh (unchged)
Robert Rodriguez 2,332,000 sh (unchged)
Pioneer Investments Sold Out
Richard Pzena 2,485,096 sh (-0.09%)
Scott Black 264,726 sh (-0.89%)
Steven Cohen 18,270 sh (-32.68%)
Arnold Schneider 40,095 sh (-59.7%)
» More
Q1 2013

AVT Guru Trades in Q1 2013

Steven Cohen 29,006 sh (+58.76%)
Richard Snow 1,799,086 sh (+40.95%)
Chuck Royce 109,050 sh (+27.64%)
Paul Tudor Jones 14,500 sh (+13.28%)
Columbia Wanger 3,241,000 sh (unchged)
Robert Rodriguez 2,332,000 sh (unchged)
Arnold Schneider Sold Out
Louis Moore Bacon Sold Out
First Pacific Advisors 5,017,342 sh (-0.27%)
Joel Greenblatt 168,981 sh (-2.01%)
NWQ Managers 286,883 sh (-17.38%)
Richard Pzena 2,045,158 sh (-17.7%)
Ken Fisher 39,070 sh (-23.38%)
» More
» Details

Insider Trades

Latest Guru Trades with AVT

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Richard Snow 2013-03-31 Add 40.95%0.9%$30.61 - $36.86 $ 34.29-1%1799086
Arnold Schneider 2013-03-31 Sold Out 0.12%$30.61 - $36.86 $ 34.29-1%0
Ken Fisher 2013-03-31 Reduce -23.38%$30.61 - $36.86 $ 34.29-1%39070
Richard Snow 2012-12-31 New Buy2.2%$27.01 - $31.62 $ 34.2917%1276434
Arnold Schneider 2012-12-31 Reduce -59.7%0.16%$27.01 - $31.62 $ 34.2917%40095
Joel Greenblatt 2012-12-31 Add 33.2%0.08%$27.01 - $31.62 $ 34.2917%172444
Arnold Schneider 2012-09-30 Reduce -56.37%0.38%$28.91 - $33.42 $ 34.299%99493
Joel Greenblatt 2012-09-30 Add 234.33%0.18%$28.91 - $33.42 $ 34.299%129462
Richard Pzena 2012-09-30 Add 25.54%0.12%$28.91 - $33.42 $ 34.299%2487247
NWQ Managers 2012-09-30 Reduce -40.05%0.05%$28.91 - $33.42 $ 34.299%317986
Arnold Schneider 2012-06-30 Reduce -34.25%0.34%$29.32 - $36.48 $ 34.294%228044
Scott Black 2012-06-30 Add 11.15%0.13%$29.32 - $36.48 $ 34.294%269966
Ken Fisher 2012-06-30 Reduce -60.69%0.01%$29.32 - $36.48 $ 34.294%56610
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/E(ttm) 10.70
AVT's P/E(ttm) is ranked higher than
90% of the 1561 Companies
in the Global Electronics Distribution industry.

( Industry Median: 20.31 vs. AVT: 10.70 )
AVT' s 10-Year P/E(ttm) Range
Min: 4.01   Max: 329.38
Current: 10.7
4.01
329.38
P/B 1.20
AVT's P/B is ranked higher than
52% of the 1561 Companies
in the Global Electronics Distribution industry.

( Industry Median: 1.23 vs. AVT: 1.20 )
AVT' s 10-Year P/B Range
Min: 0.41   Max: 2.12
Current: 1.2
0.41
2.12
P/S 0.19
AVT's P/S is ranked higher than
88% of the 1561 Companies
in the Global Electronics Distribution industry.

( Industry Median: 0.73 vs. AVT: 0.19 )
AVT' s 10-Year P/S Range
Min: 0.08   Max: 0.42
Current: 0.19
0.08
0.42
PFCF 8.43
AVT's PFCF is ranked higher than
72% of the 1561 Companies
in the Global Electronics Distribution industry.

( Industry Median: 13.74 vs. AVT: 8.43 )
AVT' s 10-Year PFCF Range
Min: 1.11   Max: 163.21
Current: 8.43
1.11
163.21
EV-to-EBIT 8.72
AVT's EV-to-EBIT is ranked higher than
93% of the 1561 Companies
in the Global Electronics Distribution industry.

( Industry Median: 15.40 vs. AVT: 8.72 )
AVT' s 10-Year EV-to-EBIT Range
Min: 4   Max: 3098.3
Current: 8.72
4
3098.3
Shiller P/E 20.78
AVT's Shiller P/E is ranked higher than
96% of the 1561 Companies
in the Global Electronics Distribution industry.

( Industry Median: 21.15 vs. AVT: 20.78 )
AVT' s 10-Year Shiller P/E Range
Min: 4.74   Max: 143.57
Current: 20.78
4.74
143.57

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 1
AVT's Price/Net Current Asset Value is ranked higher than
71% of the 1561 Companies
in the Global Electronics Distribution industry.

( Industry Median: 4.10 vs. AVT: 1 )
AVT' s 10-Year Price/Net Current Asset Value Range
Min: 0.9   Max: 1.9
Current: 1
0.9
1.9
Price/Tangible Book 1.6
AVT's Price/Tangible Book is ranked higher than
71% of the 1561 Companies
in the Global Electronics Distribution industry.

( Industry Median: 1.40 vs. AVT: 1.6 )
AVT' s 10-Year Price/Tangible Book Range
Min: 1.4   Max: 3
Current: 1.6
1.4
3
Price/DCF (Projected) 0.6
AVT's Price/DCF (Projected) is ranked higher than
85% of the 1561 Companies
in the Global Electronics Distribution industry.

( Industry Median: 1.10 vs. AVT: 0.6 )
AVT' s 10-Year Price/DCF (Projected) Range
Min: 0.5   Max: 0.9
Current: 0.6
0.5
0.9
Price/Median PS Value 0.8
AVT's Price/Median PS Value is ranked higher than
85% of the 1561 Companies
in the Global Electronics Distribution industry.

( Industry Median: 0.80 vs. AVT: 0.8 )
AVT' s 10-Year Price/Median PS Value Range
Min: 0.8   Max: 1.7
Current: 0.8
0.8
1.7
Price/Peter Lynch Fair Value 0.7
AVT's Price/Peter Lynch Fair Value is ranked higher than
94% of the 1561 Companies
in the Global Electronics Distribution industry.

( Industry Median: 1.70 vs. AVT: 0.7 )
AVT' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.3   Max: 0.8
Current: 0.7
0.3
0.8
Price/Graham Number 0.8
AVT's Price/Graham Number is ranked higher than
71% of the 1561 Companies
in the Global Electronics Distribution industry.

( Industry Median: 1.10 vs. AVT: 0.8 )
AVT' s 10-Year Price/Graham Number Range
Min: 0.7   Max: 57.5
Current: 0.8
0.7
57.5
Earnings Yield (Greenblatt) 11.50
AVT's Earnings Yield (Greenblatt) is ranked higher than
96% of the 1561 Companies
in the Global Electronics Distribution industry.

( Industry Median: 5.45 vs. AVT: 11.50 )
AVT' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.4   Max: 25.2
Current: 11.5
0.4
25.2
Forward Rate of Return (Yacktman) 5.83
AVT's Forward Rate of Return (Yacktman) is ranked higher than
96% of the 1561 Companies
in the Global Electronics Distribution industry.

( Industry Median: 3.01 vs. AVT: 5.83 )
AVT' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -39.9   Max: 126.8
Current: 5.83
-39.9
126.8

Business Description

Avnet, Inc. was incorporated in New York in 1955. The Company together with its consolidated subsidiaries is one of the industrial distributors of electronic components, enterprise computer and storage products and embedded subsystems. The Company creates a vital link in the technology supply chain that connects the world's electronic component and computer product manufacturers and software developers with a global customer base of original equipment manufacturers ('OEMs'), electronic manufacturing services ('EMS') providers, original design manufacturers ('ODMs'), and value-added resellers ('VARs'). The Company distributes electronic components, computer products and software as received from its suppliers or with assembly or other value added by it. Additionally, it provides engineering design, materials management and logistics services, system integration and configuration, and supply chain services that can be customized to meet the requirements of both customers and suppliers. The Company has two operating groups: Electronics Marketing (EM) and Technology Solutions (TS). Both operating groups have operations in each of the three major economic regions of the world: the Americas; Europe, the Middle East and Africa ('EMEA'); and Asia/Pacific, consisting of Asia, Australia and New Zealand. Each operating group has its own management team led by a group president and includes regional presidents and senior executives within the operating group who manage the various functions within the businesses. EM markets and sells semiconductors and interconnects passive and electromechanical devices ('IP&E') and embedded products for the world's electronic component manufacturers. EM markets and sells its products and services to a diverse customer base serving many end-markets including automotive, communications, computer hardware and peripheral, industrial and manufacturing, medical equipment, military and aerospace. EM also offers an array of value-added services that help customers evaluate, design-in and procure electronic components throughout the lifecycle of their technology products and systems. By working with EM, customers and suppliers can accelerate their time to market and realize cost efficiencies in both the design and manufacturing process. As a global IT solutions distributor, TS collaborates with its customers and suppliers to create and deliver services, software and hardware solutions that address the business needs of end-user customers locally and around the world. TS focuses on the global value-added distribution of enterprise computing servers and systems, software, storage, services and complex solutions from the world's foremost technology manufacturers, marketing and selling them to and through the VAR channel. TS also serves the worldwide OEM market for computing technology, system integrators and non-PC OEMs that require embedded systems and solutions including engineering, product prototyping, integration
Company Website
SEC Reports
Industry: Electronics Distribution
Compare:HOCPY, ARW, WCC, AXE, AEY
Traded in other countries:VNI.Germany
ยป More Articles for AVT

Headlines

Articles On GuruFocus.com
Bob Rodriguez of FPA Capital Reveals Four New Adds, No New Buys Jul 23 2012 
Anixter International Inc: Risk Factors Begin to Show Signs of Impacting Earnings May 15 2012 
Robert Rodriguez's Stocks with Very Low P/Es Jan 23 2012 
NWQ Managers Bought These Low-P/E Stocks; I Like MET Jan 11 2012 
Weekly Top Insider Buys: CELG, VRX, ECL, AVT, NRGY Dec 12 2011 
52-Week High Companies: AAPL, HAL, SCHW, BSX, AVT Dec 05 2011 
Two More Guru Stocks Reporting Soaring Warnings: Aug 11 2011 
FPA Capital Fund Q2 Portfolio: Buys OSK, IDCC, ARW, RDC, ESV Jul 26 2011 
First Pacific Advisors and Robert Rodriguez's Top Stocks: RDC, ESV, ROSE, ARW, AVT Apr 29 2011 
FPA Capital Funds Sells CHRS, PDE, ROSE, BHI, PTEN, RDC, AVT Apr 15 2011 

More From Our Partners
Broadcom Expands WICED Product Line - Analyst Blog May 13 2013 - ZACKS

Personalized Checklist





Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names
Free 7-day Trial