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Holly LaFon
Holly LaFon
Articles (9686)  | Author's Website |

Tweedy Browne Comments on Avnet

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November 29, 2016 | About:
Avnet (NASDAQ:AVT), on the other hand, is a global distributor of computer products and semiconductors which, at purchase, was trading at approximately 10X earnings and 7X enterprise value to earnings before interest, taxes and amortization (EBITA). Businesses such as Avnet have been routinely valued in corporate acquisitions at approximately 10X enterprise value to EBITA.

From Tweedy Browne (Trades, Portfolio) Fund semi-annual 2016 commentary.

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Holly LaFon
I'm a financial journalist with a Master of Science in journalism from Medill at Northwestern University.

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