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Also traded in: Germany

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 : 6/10

vs
industry
vs
history
Cash-to-Debt 0.63
AVT's Cash-to-Debt is ranked lower than
63% of the 2249 Companies
in the Global Electronics Distribution industry.

( Industry Median: 1.52 vs. AVT: 0.63 )
Ranked among companies with meaningful Cash-to-Debt only.
AVT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04  Med: 0.44 Max: 2.06
Current: 0.63
0.04
2.06
Equity-to-Asset 0.53
AVT's Equity-to-Asset is ranked lower than
60% of the 2188 Companies
in the Global Electronics Distribution industry.

( Industry Median: 0.58 vs. AVT: 0.53 )
Ranked among companies with meaningful Equity-to-Asset only.
AVT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38  Med: 0.46 Max: 0.7
Current: 0.53
0.38
0.7
Debt-to-Equity 0.34
AVT's Debt-to-Equity is ranked lower than
52% of the 1768 Companies
in the Global Electronics Distribution industry.

( Industry Median: 0.32 vs. AVT: 0.34 )
Ranked among companies with meaningful Debt-to-Equity only.
AVT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12  Med: 0.4 Max: 0.96
Current: 0.34
0.12
0.96
Interest Coverage 4.34
AVT's Interest Coverage is ranked lower than
80% of the 1823 Companies
in the Global Electronics Distribution industry.

( Industry Median: 49.87 vs. AVT: 4.34 )
Ranked among companies with meaningful Interest Coverage only.
AVT' s Interest Coverage Range Over the Past 10 Years
Min: 4.32  Med: 7.95 Max: 10.29
Current: 4.34
4.32
10.29
Piotroski F-Score: 4
Altman Z-Score: 3.76
Beneish M-Score: -2.35
WACC vs ROIC
6.41%
6.29%
WACC
ROIC
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 : 4/10

vs
industry
vs
history
Operating Margin % 2.65
AVT's Operating Margin % is ranked lower than
59% of the 2233 Companies
in the Global Electronics Distribution industry.

( Industry Median: 4.20 vs. AVT: 2.65 )
Ranked among companies with meaningful Operating Margin % only.
AVT' s Operating Margin % Range Over the Past 10 Years
Min: -6.28  Med: 3.16 Max: 3.96
Current: 2.65
-6.28
3.96
Net Margin % 3.00
AVT's Net Margin % is ranked lower than
58% of the 2233 Companies
in the Global Electronics Distribution industry.

( Industry Median: 3.03 vs. AVT: 3.00 )
Ranked among companies with meaningful Net Margin % only.
AVT' s Net Margin % Range Over the Past 10 Years
Min: -6.96  Med: 2.18 Max: 3.24
Current: 3
-6.96
3.24
ROE % 10.73
AVT's ROE % is ranked higher than
71% of the 2209 Companies
in the Global Electronics Distribution industry.

( Industry Median: 5.89 vs. AVT: 10.73 )
Ranked among companies with meaningful ROE % only.
AVT' s ROE % Range Over the Past 10 Years
Min: -32.77  Med: 11.92 Max: 18.94
Current: 10.73
-32.77
18.94
ROA % 4.77
AVT's ROA % is ranked higher than
62% of the 2260 Companies
in the Global Electronics Distribution industry.

( Industry Median: 3.04 vs. AVT: 4.77 )
Ranked among companies with meaningful ROA % only.
AVT' s ROA % Range Over the Past 10 Years
Min: -15.61  Med: 5.11 Max: 7.57
Current: 4.77
-15.61
7.57
ROC (Joel Greenblatt) % 8.38
AVT's ROC (Joel Greenblatt) % is ranked higher than
54% of the 2253 Companies
in the Global Electronics Distribution industry.

( Industry Median: 11.26 vs. AVT: 8.38 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
AVT' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -41.52  Med: 18.31 Max: 31.21
Current: 8.38
-41.52
31.21
3-Year Revenue Growth Rate -11.60
AVT's 3-Year Revenue Growth Rate is ranked higher than
54% of the 2027 Companies
in the Global Electronics Distribution industry.

( Industry Median: 2.00 vs. AVT: -11.60 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
AVT' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: -11.6  Med: 7.4 Max: 26.8
Current: -11.6
-11.6
26.8
3-Year EBITDA Growth Rate -12.90
AVT's 3-Year EBITDA Growth Rate is ranked higher than
51% of the 1693 Companies
in the Global Electronics Distribution industry.

( Industry Median: 6.40 vs. AVT: -12.90 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
AVT' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: -49.5  Med: 6.3 Max: 51.9
Current: -12.9
-49.5
51.9
3-Year EPS without NRI Growth Rate -19.20
AVT's 3-Year EPS without NRI Growth Rate is ranked higher than
52% of the 1565 Companies
in the Global Electronics Distribution industry.

( Industry Median: 4.30 vs. AVT: -19.20 )
Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.
AVT' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -59.1  Med: 5.6 Max: 66.5
Current: -19.2
-59.1
66.5
GuruFocus has detected 4 Warning Signs with Avnet Inc $AVT.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» AVT's 30-Y Financials

Financials (Next Earnings Date: 2017-10-27 Est.)


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

Q3 2016

AVT Guru Trades in Q3 2016

Steven Cohen 195,100 sh (New)
Paul Tudor Jones 4,900 sh (New)
Jim Simons 370,727 sh (New)
FPA Capital Fund 767,480 sh (+12.20%)
First Pacific Advisors 1,430,230 sh (+8.20%)
Charles Brandes 439,176 sh (+7.63%)
Richard Pzena 4,586,045 sh (+5.77%)
HOTCHKIS & WILEY 1,449,584 sh (+2.70%)
Tweedy Browne 722,296 sh (+0.03%)
David Dreman 7,946 sh (unchged)
Tweedy Browne Global Value 412,200 sh (unchged)
Bernard Horn 110,500 sh (unchged)
Joel Greenblatt Sold Out
Chuck Royce Sold Out
Scott Black Sold Out
Richard Snow 1,297,139 sh (-1.80%)
Jeremy Grantham 1,151,431 sh (-25.15%)
» More
Q4 2016

AVT Guru Trades in Q4 2016

First Pacific Advisors 1,760,140 sh (+23.07%)
Paul Tudor Jones 5,900 sh (+20.41%)
Tweedy Browne 862,098 sh (+19.36%)
David Dreman 9,358 sh (+17.77%)
FPA Capital Fund 867,520 sh (+13.03%)
Richard Pzena 5,108,761 sh (+11.40%)
Charles Brandes 459,414 sh (+4.61%)
Tweedy Browne Global Value 412,200 sh (unchged)
Bernard Horn 110,500 sh (unchged)
Steven Cohen Sold Out
HOTCHKIS & WILEY 1,410,284 sh (-2.71%)
Richard Snow 1,206,836 sh (-6.96%)
Jeremy Grantham 554,717 sh (-51.82%)
Jim Simons 75,100 sh (-79.74%)
» More
Q1 2017

AVT Guru Trades in Q1 2017

Third Avenue Management 284,341 sh (New)
Barrow, Hanley, Mewhinney & Strauss 609 sh (New)
Chuck Royce 80,000 sh (New)
Caxton Associates 12,300 sh (New)
Paul Tudor Jones 10,700 sh (+81.36%)
Charles Brandes 515,602 sh (+12.23%)
Richard Pzena 5,450,045 sh (+6.68%)
FPA Capital Fund 867,520 sh (unchged)
David Dreman 9,358 sh (unchged)
Tweedy Browne Global Value 412,200 sh (unchged)
Bernard Horn 110,500 sh (unchged)
Jim Simons Sold Out
Tweedy Browne 853,743 sh (-0.97%)
First Pacific Advisors 1,734,330 sh (-1.47%)
HOTCHKIS & WILEY 1,380,084 sh (-2.14%)
Richard Snow 726,006 sh (-39.84%)
Jeremy Grantham 135,973 sh (-75.49%)
» More
Q2 2017

AVT Guru Trades in Q2 2017

Diamond Hill Capital 645,615 sh (New)
Joel Greenblatt 649,572 sh (New)
Martin Whitman 467,694 sh (New)
Third Avenue Management 516,792 sh (+81.75%)
Richard Pzena 7,583,434 sh (+39.14%)
Barrow, Hanley, Mewhinney & Strauss 789 sh (+29.56%)
Chuck Royce 94,500 sh (+18.13%)
HOTCHKIS & WILEY 1,578,984 sh (+14.41%)
Charles Brandes 563,629 sh (+9.31%)
David Dreman 9,713 sh (+3.79%)
Bernard Horn 110,500 sh (unchged)
Richard Snow Sold Out
Jeremy Grantham Sold Out
Paul Tudor Jones Sold Out
Caxton Associates Sold Out
Tweedy Browne Global Value 396,719 sh (-3.76%)
First Pacific Advisors 1,349,130 sh (-22.21%)
FPA Capital Fund 617,520 sh (-28.82%)
Tweedy Browne 589,146 sh (-30.99%)
» More
» Details

Insider Trades

Latest Guru Trades with AVT

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Richard Pzena 2017-06-30 Add 39.14%0.45%$35.96 - $45.76 $ 38.87-2%7,583,434
HOTCHKIS & WILEY 2017-06-30 Add 14.41%0.03%$35.96 - $45.76 $ 38.87-2%1,578,984
Joel Greenblatt 2017-06-30 New Buy0.35%$35.96 - $45.76 $ 38.87-2%649,572
FPA Capital Fund 2017-06-30 Reduce -28.82%2.29%$35.96 - $45.76 $ 38.87-2%617,520
Tweedy Browne 2017-06-30 Reduce -30.99%0.35%$35.96 - $45.76 $ 38.87-2%589,146
Charles Brandes 2017-06-30 Add 9.31%0.03%$35.96 - $45.76 $ 38.87-2%563,629
Third Avenue Management 2017-06-30 Add 81.75%0.4%$35.96 - $45.76 $ 38.87-2%516,792
David Dreman 2017-06-30 Add 3.79%0.01%$35.96 - $45.76 $ 38.87-2%9,713
Barrow, Hanley, Mewhinney & Strauss 2017-06-30 Add 29.56%$35.96 - $45.76 $ 38.87-2%789
Martin Whitman 2017-04-30 New Buy1.68%$38.69 - $47.08 $ 38.87-14%467,694
Richard Pzena 2017-03-31 Add 6.68%0.09%$44.01 - $47.61 $ 38.87-16%5,450,045
HOTCHKIS & WILEY 2017-03-31 Reduce -2.14%0.01%$44.01 - $47.61 $ 38.87-16%1,380,084
Tweedy Browne 2017-03-31 Reduce -0.97%0.01%$44.01 - $47.61 $ 38.87-16%853,743
Charles Brandes 2017-03-31 Add 12.23%0.04%$44.01 - $47.61 $ 38.87-16%515,602
Third Avenue Management 2017-03-31 New Buy0.59%$44.01 - $47.61 $ 38.87-16%284,341
Barrow, Hanley, Mewhinney & Strauss 2017-03-31 New Buy$44.01 - $47.61 $ 38.87-16%609
Richard Pzena 2016-12-31 Add 11.40%0.14%$40.5 - $48.84 $ 38.87-13%5,108,761
HOTCHKIS & WILEY 2016-12-31 Reduce -2.71%0.01%$40.5 - $48.84 $ 38.87-13%1,410,284
FPA Capital Fund 2016-12-31 Add 13.03%0.91%$40.5 - $48.84 $ 38.87-13%867,520
Tweedy Browne 2016-12-31 Add 19.36%0.21%$40.5 - $48.84 $ 38.87-13%862,098
Charles Brandes 2016-12-31 Add 4.61%0.01%$40.5 - $48.84 $ 38.87-13%459,414
David Dreman 2016-12-31 Add 17.77%0.04%$40.5 - $48.84 $ 38.87-13%9,358
Richard Pzena 2016-09-30 Add 5.77%0.06%$38.8 - $42.06 $ 38.87-5%4,586,045
HOTCHKIS & WILEY 2016-09-30 Add 2.70%0.01%$38.8 - $42.06 $ 38.87-5%1,449,584
FPA Capital Fund 2016-09-30 Add 12.20%0.63%$38.8 - $42.06 $ 38.87-5%767,480
Tweedy Browne 2016-09-30 Add 0.03%$38.8 - $42.06 $ 38.87-5%722,296
Charles Brandes 2016-09-30 Add 7.63%0.02%$38.8 - $42.06 $ 38.87-5%439,176
Joel Greenblatt 2016-09-30 Sold Out 0.05%$38.8 - $42.06 $ 38.87-5%0
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Business Description

Industry: Computer Hardware » Electronics Distribution    NAICS: 423690    SIC: 5065
Compare:NAS:LFUS, NYSE:WSO.B, NYSE:ARW, NAS:RELL, OTCPK:CNCG, OTCPK:EACO, NAS:AEY, NAS:TAIT » details
Traded in other countries:VNI.Germany,
Headquarter Location:USA
Avnet Inc is a value-added distributor of electronic components, enterprise computer and storage products, IT solutions and services and embedded systems. Its business segments are Electronics Marketing and Technology Solutions.

Avnet is one of the world's largest value-added distributors of electronic components, software, and data center infrastructure hardware. The company operates in two segments: Electronic Marketing, which includes the sale of semiconductors, and Technology Solutions, which includes the sale of software, storage, and servers. The company also offers design-chain and supply-chain services. Avnet primarily serves small- to medium-sized electronic equipment manufacturers and value-added resellers.

Guru Investment Theses on Avnet Inc

Third Avenue Management Comments on Avnet - Apr 21, 2017

Avnet (NYSE:AVT) is a leading electronic components distributor. It distributes semiconductors, passive and electromechanical devices and embedded products, acting as an intermediary between components suppliers and end customers. Its services help customers evaluate, design-in and procure electronic components throughout the lifecycle of a customer's product, thereby enabling faster time to market as well as cost efficiencies in both the design and manufacturing processes for its customers. Continued innovation and increasing electronics in all types of industries (industrial, automotive, consumer, etc.) should spur demand for Avnet's services over the longer term.

What intrigued us about Avnet recently is that the company is in the process of transforming itself to focus on higher value-add and higher margin design and supply chain services. As part of that effort, it sold its lower-margin technology solutions business and acquired a U.K. company, Premier Farnell, to broaden its customer reach and provide it an earlier entrée in the design cycle. Products go through various phases in their life cycle: idea generation to design to production. By getting involved earlier in the design process, Avnet can take a larger role, providing it an opportunity for servicing greater volumes, particularly if and when the product goes into mass production. Avnet received approximately $2.6 billion from the sale of its technology solutions business, of which it plans to use around $1.5 billion to pay down debt. Thus, Avnet's pro forma balance sheet as of year end 2016 was in a net cash position. It also recently increased its share buyback program by $500 million. The Company is cash generative and has opportunities for margin improvement both from revenue and cost synergies related to Premier Farnell as well as other ongoing cost reduction improvements and the completion of an enterprise resource planning (ERP) implementation. We were able to purchase shares of Avnet common stock at an attractive valuation of approximately 1.05x pro forma book value and a discount to estimated NAV.



From Third Avenue Management (Trades, Portfolio)'s Value Fund first quarter 2017 commentary.

Check out Third Avenue Management latest stock trades

Tweedy Browne Comments on Avnet - Nov 29, 2016

Avnet (NYSE: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.

Check out Tweedy Browne latest stock trades

Top Ranked Articles about Avnet Inc

Richard Pzena's Largest 2nd-Quarter Buys Mylan, Express Scripts among guru's biggest trades
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Diamond Hill Capital Gains 4 Holdings in 2nd Quarter Firm divests 6 other holdings
Diamond Hill Capital (Trades, Portfolio) gained four new holdings during the second quarter. They are Verisk Analytics Inc. (NASDAQ:VRSK), Avnet Inc. (NYSE:AVT), Endo International PLC (NASDAQ:ENDP) and Bank of New York Mellon Corp. (NYSE:BK). Read more...
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Third Avenue Management Comments on Avnet Guru stock highlight
Avnet (NYSE:AVT) is a leading electronic components distributor. It distributes semiconductors, passive and electromechanical devices and embedded products, acting as an intermediary between components suppliers and end customers. Its services help customers evaluate, design-in and procure electronic components throughout the lifecycle of a customer's product, thereby enabling faster time to market as well as cost efficiencies in both the design and manufacturing processes for its customers. Continued innovation and increasing electronics in all types of industries (industrial, automotive, consumer, etc.) should spur demand for Avnet's services over the longer term. Read more...
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Robert L. Rodriguez, CFA, is the CEO of First Pacific Advisors (Trades, Portfolio), a Los Angeles-based institutional money management firm, employing a disciplined approach to value investing, prudently seeking superior long-term returns while maintaining a focus on capital preservation. During the fourth quarter the guru traded shares in the following stocks: Read more...
Tech Data Completes Acquisition of Avnet’s Technology Solutions Business

Creates Premier Global IT Distributor with the Most Diverse End-to-End Solutions from the Data Center to the Living Room  Announces Corporate and Regional Leadership of Combined Company CLEARWATER, Fla., Feb. 27, 2017 (GLOBE NEWSWIRE) --  Tech Data Corporation (NASDAQ:TECD) today announced it has completed its acquisition of the Technology Solutions business from Avnet, Inc. (NYSE:NYSE:AVT). The combination creates a premier global end-to-end IT distributor with unmatched capabilities and the most diverse solutions from the data center to the living room. “This is a momentous day in our company’s history and we are excited to welcome our talented colleagues at Technology Solutions to the Tech Data family,” said Bob Dutkowsky, chief executive officer of Tech Data. “Our combined company is perfectly positioned at the epicenter of the IT ecosystem—with the scale and scope to serve dynamic markets throughout the world—giving our customers access to an end-to-end portfolio of IT solutions and efficiently bringing our vendors’ products to new customers in more markets. Our organizations’ common cultures, shared values and commitment to providing a world-class customer experience will serve as the foundation for the new Tech Data. Together, we will be an even stronger company, capable of doing more for our channel partners than ever before. We remain confident that the acquisition of Technology Solutions creates a winning combination for our customers, vendors, and shareholders, as well as the employees of both organizations.” The addition of Technology Solutions significantly broadens Tech Data’s value-added distribution business, increasing the company’s ability to help its partners capitalize on next-generation technologies while enhancing its go-to-market capabilities with complementary skills, expanded vendor relationships, and new customer sets. The combined company has a larger and more balanced geographic footprint, including a presence in the Asia-Pacific region, a new market for Tech Data. The company has operations in 40 countries, with 14,000 employees serving approximately 115,000 customers in more than 100 countries. The company also announced its global executive leadership, as well as several new regional and global roles. Reporting to CEO Bob Dutkowsky are: Chuck Dannewitz, executive vice president, chief financial officer Rich Hume, executive vice president, chief operating officer Beth Simonetti, executive vice president, chief human resources officer John Tonnison, executive vice president, chief information officerDavid Vetter, executive vice president, chief legal officer Reporting to COO Rich Hume are: William Chu, president, Asia-PacificJaideep Malhotra, president, Global Computing ComponentsJoe Quaglia, president, AmericasPatrick Zammit, president, EuropeEls Demeester, corporate vice president, IntegrationMichael Urban, corporate vice president, Strategy, Transformation and Global Vendor Management Financial Terms
The total purchase price at close was approximately $2.6 billion (subject to certain post-close adjustments), including $2.4 billion in cash, and 2,785,402 shares of Tech Data stock, representing approximately 7.3 percent of Tech Data’s shares outstanding (after issuance of the new shares). Tech Data financed the cash portion of the purchase price through a combination of $1.0 billion from its recent public debt offering and $1.0 billion of bank term loans, and the remainder from drawings under other credit facilities and cash on hand. The transaction is expected to be significantly accretive to Tech Data’s non-GAAP earnings per share in the first full year. The company expects to achieve annual cost savings of approximately $100 million within 24 months, with one-time costs to achieve these cost savings expected to be approximately $150 million. For more information on today’s announcement, please visit www.techdata.com/tdts. About Tech Data
Tech Data Corporation is one of the world’s largest wholesale distributors of technology products, services and solutions. Its advanced logistics capabilities and value added services enable 115,000 resellers to efficiently and cost effectively support the diverse technology needs of end users in more than 100 countries. Tech Data generated $26.4 billion in net sales for the fiscal year ended January 31, 2016. It is ranked No. 108 on the Fortune 500® and one of Fortune’s “World’s Most Admired Companies.”  To learn more, visit www.techdata.com, or follow us on Facebook and Twitter.  Forward-Looking Statements
Certain statements in this communication may contain “forward‑looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.  These statements, including statements regarding Tech Data’s plans, objectives, expectations and intentions relating to the acquisition of Avnet’s technology solutions business (“Acquisition”), the Acquisition’s expected contribution to Tech Data’s results, the expected benefits of the Acquisition, Tech Data’s and the Acquired Business’ financial results and estimates and/or business prospects involve a number of risks and uncertainties and actual results could differ materially from those projected. These forward‑looking statements are based on current expectations, estimates, forecasts, and projections about the operating environment, economies and markets in which Tech Data and the Acquired Business operate and the beliefs and assumptions of our management. Words such as “expects,” “anticipates,” “targets,” “goals,” “projects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” variations of such words, and similar expressions are intended to identify such forward‑looking statements. In addition, any statements that refer to projections of Tech Data or the Acquired Business’ future financial performance, our anticipated growth and trends in our businesses, and other characterizations of future events or circumstances, are forward‑looking statements.  These forward‑looking statements are only predictions and are subject to risks, uncertainties, and assumptions.  Therefore, actual results may differ materially and adversely from those expressed in any forward‑looking statements. For additional information with respect to risks and other factors which could occur, see Tech Data’s Annual Report on Form 10-K filed on January 31, 2016, including Part I, Item 1A, “Risk Factors” therein, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other securities filings with the Securities and Exchange Commission (the “SEC”) that are available at the SEC’s website at www.sec.gov and other securities regulators. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Many of these factors are beyond Tech Data’s control. Unless otherwise required by applicable securities laws, Tech Data disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.  Tech Data undertakes no duty to update any forward‑looking statements contained herein to reflect actual results or changes in Tech Data’s expectations.
Contacts
Investors/Analysts:
Chuck Dannewitz
Executive Vice President and Chief Financial Officer
(727) 532-8028
[email protected]

Arleen Quinones
Vice President, Investor Relations and Corporate Communications
(727) 532-8866
[email protected]

Media:
Brian Kosoy
Director, Corporate Communications
(727) 299-8865
[email protected]

Read more...
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Tweedy Browne Comments on Avnet Guru stock highlight
Avnet (NYSE: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. Read more...

Ratios

vs
industry
vs
history
PE Ratio 9.49
AVT's PE Ratio is ranked higher than
89% of the 1646 Companies
in the Global Electronics Distribution industry.

( Industry Median: 21.71 vs. AVT: 9.49 )
Ranked among companies with meaningful PE Ratio only.
AVT' s PE Ratio Range Over the Past 10 Years
Min: 4.01  Med: 10.43 Max: 33.14
Current: 9.49
4.01
33.14
Forward PE Ratio 11.70
AVT's Forward PE Ratio is ranked higher than
79% of the 131 Companies
in the Global Electronics Distribution industry.

( Industry Median: 18.48 vs. AVT: 11.70 )
Ranked among companies with meaningful Forward PE Ratio only.
N/A
PE Ratio without NRI 18.86
AVT's PE Ratio without NRI is ranked higher than
74% of the 1655 Companies
in the Global Electronics Distribution industry.

( Industry Median: 21.71 vs. AVT: 18.86 )
Ranked among companies with meaningful PE Ratio without NRI only.
AVT' s PE Ratio without NRI Range Over the Past 10 Years
Min: 4.01  Med: 11.34 Max: 33.14
Current: 18.86
4.01
33.14
Price-to-Owner-Earnings 16.60
AVT's Price-to-Owner-Earnings is ranked lower than
70% of the 1087 Companies
in the Global Electronics Distribution industry.

( Industry Median: 20.28 vs. AVT: 16.60 )
Ranked among companies with meaningful Price-to-Owner-Earnings only.
AVT' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 4.41  Med: 16.37 Max: 1672.96
Current: 16.6
4.41
1672.96
PB Ratio 0.94
AVT's PB Ratio is ranked higher than
76% of the 2164 Companies
in the Global Electronics Distribution industry.

( Industry Median: 1.73 vs. AVT: 0.94 )
Ranked among companies with meaningful PB Ratio only.
AVT' s PB Ratio Range Over the Past 10 Years
Min: 0.47  Med: 1.22 Max: 1.99
Current: 0.94
0.47
1.99
PS Ratio 0.28
AVT's PS Ratio is ranked higher than
94% of the 2214 Companies
in the Global Electronics Distribution industry.

( Industry Median: 1.14 vs. AVT: 0.28 )
Ranked among companies with meaningful PS Ratio only.
AVT' s PS Ratio Range Over the Past 10 Years
Min: 0.11  Med: 0.23 Max: 0.52
Current: 0.28
0.11
0.52
EV-to-EBIT 13.01
AVT's EV-to-EBIT is ranked higher than
81% of the 1704 Companies
in the Global Electronics Distribution industry.

( Industry Median: 15.93 vs. AVT: 13.01 )
Ranked among companies with meaningful EV-to-EBIT only.
AVT' s EV-to-EBIT Range Over the Past 10 Years
Min: -5.5  Med: 8.8 Max: 16
Current: 13.01
-5.5
16
EV-to-EBITDA 9.48
AVT's EV-to-EBITDA is ranked higher than
79% of the 1799 Companies
in the Global Electronics Distribution industry.

( Industry Median: 12.05 vs. AVT: 9.48 )
Ranked among companies with meaningful EV-to-EBITDA only.
AVT' s EV-to-EBITDA Range Over the Past 10 Years
Min: -6.1  Med: 7.6 Max: 13.2
Current: 9.48
-6.1
13.2
EV-to-Revenue 0.31
AVT's EV-to-Revenue is ranked higher than
95% of the 2193 Companies
in the Global Electronics Distribution industry.

( Industry Median: 1.13 vs. AVT: 0.31 )
Ranked among companies with meaningful EV-to-Revenue only.
AVT' s EV-to-Revenue Range Over the Past 10 Years
Min: 0.2  Med: 0.3 Max: 0.6
Current: 0.31
0.2
0.6
Shiller PE Ratio 14.58
AVT's Shiller PE Ratio is ranked higher than
80% of the 420 Companies
in the Global Electronics Distribution industry.

( Industry Median: 32.01 vs. AVT: 14.58 )
Ranked among companies with meaningful Shiller PE Ratio only.
AVT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.77  Med: 22.96 Max: 99.92
Current: 14.58
8.77
99.92
Current Ratio 3.07
AVT's Current Ratio is ranked higher than
71% of the 2232 Companies
in the Global Electronics Distribution industry.

( Industry Median: 1.98 vs. AVT: 3.07 )
Ranked among companies with meaningful Current Ratio only.
AVT' s Current Ratio Range Over the Past 10 Years
Min: 1.46  Med: 2.3 Max: 5.8
Current: 3.07
1.46
5.8
Quick Ratio 1.92
AVT's Quick Ratio is ranked higher than
62% of the 2232 Companies
in the Global Electronics Distribution industry.

( Industry Median: 1.49 vs. AVT: 1.92 )
Ranked among companies with meaningful Quick Ratio only.
AVT' s Quick Ratio Range Over the Past 10 Years
Min: 0.71  Med: 1.51 Max: 3.32
Current: 1.92
0.71
3.32
Days Inventory 65.50
AVT's Days Inventory is ranked higher than
76% of the 2171 Companies
in the Global Electronics Distribution industry.

( Industry Median: 71.07 vs. AVT: 65.50 )
Ranked among companies with meaningful Days Inventory only.
AVT' s Days Inventory Range Over the Past 10 Years
Min: 34.35  Med: 41.09 Max: 68.79
Current: 65.5
34.35
68.79
Days Sales Outstanding 69.63
AVT's Days Sales Outstanding is ranked higher than
80% of the 1840 Companies
in the Global Electronics Distribution industry.

( Industry Median: 73.80 vs. AVT: 69.63 )
Ranked among companies with meaningful Days Sales Outstanding only.
AVT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 58.89  Med: 68.86 Max: 104.49
Current: 69.63
58.89
104.49
Days Payable 44.93
AVT's Days Payable is ranked lower than
83% of the 1772 Companies
in the Global Electronics Distribution industry.

( Industry Median: 57.54 vs. AVT: 44.93 )
Ranked among companies with meaningful Days Payable only.
AVT' s Days Payable Range Over the Past 10 Years
Min: 44.93  Med: 52.64 Max: 78.88
Current: 44.93
44.93
78.88

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield % 1.84
AVT's Dividend Yield % is ranked lower than
52% of the 1886 Companies
in the Global Electronics Distribution industry.

( Industry Median: 1.96 vs. AVT: 1.84 )
Ranked among companies with meaningful Dividend Yield % only.
AVT' s Dividend Yield % Range Over the Past 10 Years
Min: 0.35  Med: 1.47 Max: 1.95
Current: 1.84
0.35
1.95
Dividend Payout Ratio 0.34
AVT's Dividend Payout Ratio is ranked higher than
80% of the 1234 Companies
in the Global Electronics Distribution industry.

( Industry Median: 0.38 vs. AVT: 0.34 )
Ranked among companies with meaningful Dividend Payout Ratio only.
AVT' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.15  Med: 0.21 Max: 0.34
Current: 0.34
0.15
0.34
3-Year Dividend Growth Rate 5.30
AVT's 3-Year Dividend Growth Rate is ranked lower than
99.99% of the 1017 Companies
in the Global Electronics Distribution industry.

( Industry Median: 6.80 vs. AVT: 5.30 )
Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
AVT' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0  Med: -100 Max: 6.3
Current: 5.3
0
6.3
Forward Dividend Yield % 1.86
AVT's Forward Dividend Yield % is ranked lower than
55% of the 1781 Companies
in the Global Electronics Distribution industry.

( Industry Median: 2.20 vs. AVT: 1.86 )
Ranked among companies with meaningful Forward Dividend Yield % only.
N/A
5-Year Yield-on-Cost % 1.84
AVT's 5-Year Yield-on-Cost % is ranked lower than
59% of the 2315 Companies
in the Global Electronics Distribution industry.

( Industry Median: 2.38 vs. AVT: 1.84 )
Ranked among companies with meaningful 5-Year Yield-on-Cost % only.
AVT' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.35  Med: 1.47 Max: 1.95
Current: 1.84
0.35
1.95
3-Year Average Share Buyback Ratio 3.00
AVT's 3-Year Average Share Buyback Ratio is ranked higher than
92% of the 1366 Companies
in the Global Electronics Distribution industry.

( Industry Median: -2.60 vs. AVT: 3.00 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
AVT' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -19.3  Med: -0.4 Max: 6.8
Current: 3
-19.3
6.8

Valuation & Return

vs
industry
vs
history
Price-to-Net-Current-Asset-Value 1.63
AVT's Price-to-Net-Current-Asset-Value is ranked higher than
81% of the 1668 Companies
in the Global Electronics Distribution industry.

( Industry Median: 4.03 vs. AVT: 1.63 )
Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
AVT' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.41  Med: 2.23 Max: 10.24
Current: 1.63
1.41
10.24
Price-to-Tangible-Book 1.31
AVT's Price-to-Tangible-Book is ranked higher than
63% of the 2109 Companies
in the Global Electronics Distribution industry.

( Industry Median: 1.87 vs. AVT: 1.31 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
AVT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.2  Med: 1.68 Max: 2.97
Current: 1.31
1.2
2.97
Price-to-Intrinsic-Value-Projected-FCF 0.81
AVT's Price-to-Intrinsic-Value-Projected-FCF is ranked higher than
77% of the 1377 Companies
in the Global Electronics Distribution industry.

( Industry Median: 1.31 vs. AVT: 0.81 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
AVT' s Price-to-Intrinsic-Value-Projected-FCF Range Over the Past 10 Years
Min: 0.51  Med: 0.85 Max: 5.95
Current: 0.81
0.51
5.95
Price-to-Median-PS-Value 1.24
AVT's Price-to-Median-PS-Value is ranked higher than
78% of the 2134 Companies
in the Global Electronics Distribution industry.

( Industry Median: 1.17 vs. AVT: 1.24 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
AVT' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.73  Med: 1.2 Max: 2.55
Current: 1.24
0.73
2.55
Price-to-Graham-Number 1.05
AVT's Price-to-Graham-Number is ranked higher than
75% of the 1559 Companies
in the Global Electronics Distribution industry.

( Industry Median: 1.36 vs. AVT: 1.05 )
Ranked among companies with meaningful Price-to-Graham-Number only.
AVT' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.71  Med: 1.05 Max: 4.57
Current: 1.05
0.71
4.57
Earnings Yield (Greenblatt) % 7.69
AVT's Earnings Yield (Greenblatt) % is ranked higher than
86% of the 2257 Companies
in the Global Electronics Distribution industry.

( Industry Median: 4.03 vs. AVT: 7.69 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
AVT' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: -32.2  Med: 10.75 Max: 27.5
Current: 7.69
-32.2
27.5
Forward Rate of Return (Yacktman) % -2.64
AVT's Forward Rate of Return (Yacktman) % is ranked lower than
60% of the 1220 Companies
in the Global Electronics Distribution industry.

( Industry Median: 8.10 vs. AVT: -2.64 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.
AVT' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -2.7  Med: 8.5 Max: 63.3
Current: -2.64
-2.7
63.3

More Statistics

Revenue (TTM) (Mil) $17,495.26
EPS (TTM) $ 4.09
Beta0.88
Short Percentage of Float2.74%
52-Week Range $35.67 - 51.50
Shares Outstanding (Mil)123.06

Analyst Estimate

Jun18 Jun19 Jun20
Revenue (Mil $) 17,530 17,966 18,007
EPS ($) 3.31 3.57 3.76
EPS without NRI ($) 3.31 3.57 3.76
EPS Growth Rate
(Future 3Y To 5Y Estimate)
5.84%
Dividends per Share ($) 0.75 0.78 0.76
» More Articles for AVT

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FPA Capital Adds to Avnet Position Jan 24 2017 
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