Avid Technology, Inc. (AVID): Price and Financial Metrics

AVID POWR Grades

• AVID scores best on the Quality dimension, with a Quality rank ahead of 99.78% of US stocks.
• AVID's strongest trending metric is Stability; it's been moving up over the last 179 days.
• AVID's current lowest rank is in the Momentum metric (where it is better than 29.01% of US stocks).

AVID Stock Summary

• The capital turnover (annual revenue relative to shareholder's equity) for AVID is -3.3 -- better than merely 2.79% of US stocks.
• With a price/earnings ratio of 38.96, Avid Technology Inc P/E ratio is greater than that of about 79.87% of stocks in our set with positive earnings.
• AVID's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of only 4.02% of US stocks.
• Stocks with similar financial metrics, market capitalization, and price volatility to Avid Technology Inc are AMSWA, DGII, MASS, DZSI, and APPN.
• Visit AVID's SEC page to see the company's official filings. To visit the company's web site, go to www.avid.com.

AVID Valuation Summary

• In comparison to the median Technology stock, AVID's EV/EBIT ratio is 4.81% lower, now standing at 30.7.
• Over the past 243 months, AVID's price/earnings ratio has gone up 51.5.
• AVID's price/earnings ratio has moved up 51.5 over the prior 243 months.

Below are key valuation metrics over time for AVID.

AVID Growth Metrics

The 4 year cash and equivalents growth rate now stands at -5.68%.
• Its 4 year net cashflow from operations growth rate is now at 115.36%.
• The 5 year net income to common stockholders growth rate now stands at -91.7%.

Over the past 34 months, AVID's revenue has gone down $8,720,000.

The table below shows AVID's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2021-12-31	409.944	62.489	41.388
2021-09-30	395.181	66.13	33.259
2021-06-30	383.972	67.565	26.471
2021-03-31	368.377	57.473	21.31
2020-12-31	360.466	39.555	11.062
2020-09-30	372.472	27.372	19.347

AVID's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• AVID has a Quality Grade of A, ranking ahead of 99.47% of graded US stocks.
• AVID's asset turnover comes in at 1.414 -- ranking 61st of 563 Business Services stocks.
• AMN, CRTO, and OOMA are the stocks whose asset turnover ratios are most correlated with AVID.

The table below shows AVID's key quality metrics over time.