AVT

Avnet, Inc.

Fundamental data last updated:October 28, 2026

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company profile

SECTOR

Technology

industry

Technology Distributors

Exchange

NASDAQ

County of HQ

US

Next Earnings Date

11/04/2026

Business Summary

Avnet, Inc., established in Phoenix, Arizona, in 1921, operates as a global technology distributor and solutions provider. The company specializes in marketing, selling, and distributing electronic components, with its business activities structured into two distinct segments: Electronic Components and Farnell. The Electronic Components division is responsible for the marketing, sales, and distribution of a diverse range of electronic components, including semiconductors, interconnect devices, passive and electromechanical components, and other integrated parts sourced from various manufacturers. This segment offers extensive support beyond mere distribution, providing "design chain" services such as technical design solutions for engineers, alongside engineering and technical resources crucial for product design, bill of materials development, and ongoing technical education and training. Additionally, it delivers "supply chain" solutions, offering logistical and support services to original equipment manufacturers (OEMs), electronic manufacturing service (EMS) providers, and electronic component manufacturers. It also provides integrated solutions, which involve the technical design, integration, and assembly of embedded products and systems, primarily for industrial applications. Its offerings extend to innovative embedded display solutions, including both touch and passive display technologies. Furthermore, it develops and manufactures standard board and industrial subsystems, as well as application-specific devices, allowing for the production of systems finely tuned to specific customer requirements. This segment caters to a wide spectrum of markets, including automotive, medical, defense, aerospace, telecommunications, industrial, and digital editing. The Farnell segment is dedicated to distributing kits, tools, electronic and industrial automation components, and test and measurement products, serving engineers and entrepreneurs alike. Avnet maintains a global presence, with operations spanning the Americas, Europe, the Middle East, Africa, and the Asia Pacific region.

 


VALUATION

P/E

22.05

Market Cap ($M USD)

$7.38B

Forward P/E

7.73

PEG

0.18

PRICE TO SALES

0.27

PRICE TO BOOK

1.47

EV / EBITDA

12.51

5-Year Average P/E

Free Cash Flow Yield

-4.80%

DCF Value

$44.86

Graham Number

$74.80

Price to FCF

-20.81

EV to FCF

-30.19

Earnings Yield

4.53%

FCF Yield

-4.80%

DIVIDEND

Yield

1.58%

Annual Payout

$1.42

Payout Ratio

34.20%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$4.07

Next Year EPS Growth Estimate

$11.61

Next Year Revenue Growth Estimate

$37.20B

Return on Equity (ROE)

6.77%

FREE CASH FLOW

Operating Margin

3.11%

Debt-to-Equity

0.69

Piotroski F-Score

5

Altman Z-Score

3.14

Return on Invested Capital (ROIC)

7.06%

Current Ratio

1.78

Quick Ratio

0.97

Net Debt to EBITDA

3.88

Interest Coverage

3.40

Gross Profit margin

10.43%

FCF PER SHARE

$-4.31

REVENUE PER SHARE

$336.26

Gainseekers Quantitative Analysis

Summary

AVT Avnet, Inc. appears to be a perplexing case of market mispricing. Despite a snapshot price that traded significantly above its DCF value, the stock’s Forward P/E suggests a potential undervaluation relative to future earnings. The Altman Z-score of 3.35 indicates financial stability, yet the earnings yield is a mere 3.18%, raising questions about its immediate profitability. The Graham Number further underscores a potential overvaluation, suggesting caution. Overall, the market seems to be pricing in aggressive growth expectations, which may not align with its current fundamentals.

AI Exposure / Tech Reliance

Positioned within the technology distribution sector, AVT Avnet, Inc. is strategically placed to leverage AI advancements and modern tech shifts. As a distributor, it can adapt quickly to supply chain innovations and emerging tech demands. However, its success will depend on its ability to integrate these technologies efficiently into its operations.

The Bull Case

For the value or GARP investor, AVT Avnet, Inc. offers intriguing prospects. With a robust ROIC of 8.75%, the company demonstrates efficient capital use, translating into potential long-term gains. The Piotroski F-Score of 6 suggests reasonable financial health, while its operating margin, though modest, indicates some pricing power. Despite a low FCF yield, the company's ability to generate cash flow could improve with strategic investments and operational efficiencies.

The Bear Case

On the flip side, AVT Avnet, Inc. faces significant structural risks. The Price to FCF ratio is alarmingly high, suggesting poor cash flow relative to its market valuation. Trading near its 52-week high, the stock appears technically overextended, raising concerns about a potential pullback. The gross profit margin is thin, indicating limited room for error in cost management. These factors, combined with a high EV to FCF, paint a picture of a company that may struggle to justify its current valuation.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Hold

Average Analyst Price Target

$92.33

Institutional Ownership %

1-Year Beta

1.08

Insider Buying % (6 Mo)

Distance to 52-Week High

21.06%

Distance to 52-Week Low

50.69%

EARNINGS SURPRISE %

26.67%

50-DAY SMA

$94.91

200-DAY SMA

$80.01

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.