Avnet Inc. distributes electronic components, enterprise computer and storage products, IT solutions and services, and embedded subsystems in the Americas, Europe, the Middle East, Africa, and the Asia/Pacific. The company was founded in 1955 and is based in Phoenix, Arizona.
AVT Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Avnet Inc. To summarize, we found that Avnet Inc ranked in the 79th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 430.67% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for AVT, they are:
The company's balance sheet shows it gets 60% of its capital from equity, and 40% of its capital from debt. Notably, its equity weight is greater than merely 11.43% of US equities in the Technology sector yielding a positive free cash flow.
Avnet Inc's effective tax rate, as measured by taxes paid relative to net income, is at 59 -- greater than 95.48% of US stocks with positive free cash flow.
Avnet Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -0.31. This coverage rate is greater than that of only 19.75% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as AVT, try III, GILT, CRTO, INTZ, and LGL.
SAN FRANCISCO--(BUSINESS WIRE)-- #IoT--IoT connectivity and security startup Nodle, non-profit foundation Coalition Network, and leading global technology solutions company Avnet, announce the creation of a new smart wearable contact tracing device, the Nodle M1. The device tracks distance and buzzes employees to let them know when they are too close to one another. The Nodle M1 can be clipped to an employee’s shirt or badge, or worn as a necklace. The device leverages parts of the open source Whisper