# Avnet Inc. (AVT) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology / Electronic Equipment, Instruments & Components. Price $92.06, market value $7.6 billion.

## Valuation
- **P/E (trailing): 23.0×** (5-yr avg 12.1×, 3-yr avg 16.4×). Avnet Inc. trades at 23.0× trailing earnings, well above its own five-year average of 12.1×: investors are paying up relative to the company's past. The Technology median in the September 2026 study was 32.1×. Forward P/E is 8.3×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.18**. A PEG of 0.18 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 0.3×**. Each dollar of revenue is priced at 0.3×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 1.5×**. The shares trade at 1.5× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 13.2×**. Enterprise value is 13.2× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: -4.7%** (5-yr avg -1.9%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 4.3%**. The inverse of the P/E: 4.3% of the price is earned each year.

## Profitability
- **Gross margin: 10.4%**. Avnet Inc. keeps 10.4% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 2.6%**. 2.6% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: 1.2%**. 1.2% of each dollar of sales reaches the bottom line.
- **Return on equity: 6.7%**. 6.7% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 7.1%**. Return on all capital, debt included, is 7.1%.
- **Return on assets: 2.2%**. Each dollar of assets produces 2.2% of profit.

## Growth
- **Revenue growth (1 yr): 24.5%** (3-yr 1.4%/yr, 5-yr 7.2%/yr). Revenue grew 24.5% over the last year, against 7.2% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 45.8%** (3-yr -21.4%/yr, 5-yr 15.7%/yr). Earnings per share rose 45.8%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.64**. Debt is 0.64 times equity, moderate leverage.
- **Net debt / EBITDA: 3.8×**. It would take 3.8 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Current ratio: 1.78** (quick 1.78). Current assets cover the next year's liabilities 1.78 times.
- **Altman Z-score: 3.29**. A Z-score of 3.29 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 1.61%** ($1.40 per share, trailing). Avnet Inc. yields 1.61%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 34%**. 34% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 13**. 13 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 10.1%/yr** (1-yr 6.3%). The dividend has compounded at 10.1% a year over five years, doubling roughly every 7 years at that pace.

## Price and momentum
- **Total return (1 yr): 76.0%** (YTD 93.3%, 3-mo 6.0%). The shares are up 76.0% over twelve months including dividends.
- **From 52-week high: -7.9%** (108.0% above the low). Trading 8% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 54**. An RSI of 54 is neutral.
- **Beta (1 yr): 1.37** (volatility 36%). Beta of 1.37 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=AVT · Page: https://foliofundamentals.com/stocks/avt

Not investment advice.