Aviat Networks (FRA:HSD1) EV-to-EBIT: 12.24 (As of Aug. 18, 2026) — Near Median

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FRA:HSD1 Aviat Networks Inc FRA:HSD1
74 GF Score
Price €18.70
GF Value €20.43
Valuation Fairly Valued
! 6 Warning Signs
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What is Aviat Networks EV-to-EBIT?

Aviat Networks FRA:HSD1 +1.08% 74 EV-to-EBIT is 12.24 as of Aug. 18, 2026, which is 4% below its 10-year median of 12.80. GuruFocus rates FRA:HSD1 with a GF Score™ of 74/100 and a GF Value™ of €20.43 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,771 Hardware companies, Aviat Networks ranks better than 68.66% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Aviat Networks's Enterprise Value is €271.1 Mil. Aviat Networks's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €22.2 Mil. Therefore, Aviat Networks's EV-to-EBIT for today is 12.24.

The historical rank and industry rank for Aviat Networks's EV-to-EBIT or its related term are showing as below:

FRA:HSD1' s EV-to-EBIT Range Over the Past 10 Years
Min: -291.28   Med: 12.8   Max: 560.59
Current: 12.18

During the past 13 years, the highest EV-to-EBIT of Aviat Networks was 560.59. The lowest was -291.28. And the median was 12.80.

FRA:HSD1's EV-to-EBIT is ranked better than
68.66% of 1771 companies
in the Hardware industry
Industry Median: 21.29 vs FRA:HSD1: 12.18

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Aviat Networks's Enterprise Value for the quarter that ended in Mar. 2026 was €274.0 Mil. Aviat Networks's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €22.2 Mil. Aviat Networks's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.08%.


Aviat Networks  (FRA:HSD1) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Aviat Networks's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=22.15/274.0227
=8.08 %

Aviat Networks's Enterprise Value for the quarter that ended in Mar. 2026 was €274.0 Mil.
Aviat Networks's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €22.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Aviat Networks EV-to-EBIT Related Terms


Aviat Networks EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Aviat Networks's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Aviat Networks EV-to-EBIT Chart

Aviat Networks Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.13 8.09 16.70 18.17 35.05

Aviat Networks Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 85.50 35.05 11.22 9.03 12.44

FRA:HSD1 vs LTRX, BKTI, SILC: EV-to-EBIT Comparison

For the Communication Equipment subindustry, Aviat Networks's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aviat Networks EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, Aviat Networks's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Aviat Networks's EV-to-EBIT falls into.


FRA:HSD1
74GF Score
Aviat Networks Inc FRA:HSD1
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aviat Networks EV-to-EBIT Calculation

Aviat Networks's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=271.074/22.15
=12.24

Aviat Networks's current Enterprise Value is €271.1 Mil.
Aviat Networks's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €22.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 12.24 mean?
Aviat Networks (FRA:HSD1) has a EV-to-EBIT of 12.24 as of Aug. 18, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Aviat Networks and its competitors. This is near median its historical median of 12.80. According to the industry distribution chart, Aviat Networks ranks #555 out of 1771 companies in the Hardware industry, placing it in the top 31.3%.
Is Aviat Networks' EV-to-EBIT too high?
Aviat Networks' current EV-to-EBIT of 12.24 is near median its 10-year median of 12.80. The Hardware industry median EV-to-EBIT is 21.29. Aviat Networks' value of 12.24 is 42.5% below this industry median. Based on the distribution chart, Aviat Networks ranks #555 out of 1771 companies in the Hardware industry, which is above the industry midpoint. Overall, Aviat Networks has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aviat Networks' EV-to-EBIT compare to LTRX and BKTI?
According to the Hardware industry distribution chart, Aviat Networks ranks #555 out of 1771 companies for EV-to-EBIT. This puts Aviat Networks in the upper half of its industry. The industry median EV-to-EBIT is 21.29. Aviat Networks' value of 12.24 is 42.5% below this benchmark. While the company's 10-year median is 12.80 vs. the industry median of 21.29, Aviat Networks has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Hardware company?
The median EV-to-EBIT among Hardware companies is 21.29, based on 1,771 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aviat Networks's current EV-to-EBIT of 12.24 is 42.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Aviat Networks and its competitors. For the Hardware industry, the median EV-to-EBIT is 21.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aviat Networks's current EV-to-EBIT is 12.24, which is near median its own 10-year median of 12.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aviat Networks stock overvalued right now?
Based on GuruFocus' analysis, Aviat Networks (FRA:HSD1) is currently considered Fairly Valued. The stock's GF Value™ is €20.43, compared to a current price of €18.70 — trading 8.5% below its estimated fair value. The current EV-to-EBIT is 12.24, which is near median its 10-year median of 12.80 and 42.5% below the Hardware industry median of 21.29. Aviat Networks' overall GF Score™ is 74/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Aviat Networks (FRA:HSD1), the current EV-to-EBIT is 12.24 as of Aug. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Aviat Networks (FRA:HSD1) Overvalued in 2026?

Based on GuruFocus' analysis, Aviat Networks stock appears to be undervalued. The current stock price of €18.70 is trading 8.5% below its estimated GF Value™ of €20.43. GuruFocus considers Aviat Networks to be Fairly Valued.

Key valuation signals for FRA:HSD1:

  • EV-to-EBIT: 12.24 (near median its 10-year median of 12.80)
  • GF Value™: €20.43 vs. price of €18.70 (8.5% below fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 42.5% below the Hardware median (#555 of 1771)

No single metric tells the full story. See the FRA:HSD1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aviat Networks Business Description

Other Exchanges AVNW:USA
Address 200 Parker Drive, Suite C100A, Austin, TX, USA, 78728
Aviat Networks Inc provides wireless transport and access networking solutions designed to support telecommunications operators and private network providers situated in various countries. The company offers a range of microwave and millimeter wave radios, network management tools, and services that enable high-capacity, secure, and reliable data transport over wireless networks. Its products serve diverse clients including mobile operators, public safety organizations, utilities, government agencies, and enterprise customers. Aviat generates revenue from the sale of its networking equipment, professional services, and ongoing support contracts. Its operations cover various regions including the Americas, Europe, Asia Pacific, the Middle East, and Africa.
74GF Score

Get the complete analysis for FRA:HSD1

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€18.70
Price
€20.43
GF Value