Avnet, Inc. (AVT) vs Climb Global Solutions, Inc. (CLMB)

Avnet, Inc. and Climb Global Solutions, Inc. are both Electronics & Computer Distribution companies. Avnet, Inc. is the larger, with a market value of $6.3B against $743.5M — 8.5× the size. Avnet, Inc. trades at the lower P/E: 11.5× against 30.7×. Avnet, Inc. grew revenue faster over the last twelve months: 44.3% against 24.2%. Climb Global Solutions, Inc. has the higher net margin (3.04% vs 1.74%) and the higher return on invested capital (28.6% vs 7.91%). Both pay a dividend; Avnet, Inc. yields more (1.79% vs 0.11%). Across the 22 metrics below, Climb Global Solutions, Inc. leads on 12 and Avnet, Inc. on 10.

Valuation

Metric AVT CLMB Electronics & Computer Distribution median
P/E 11.50 30.75 13.29
P/S 0.20 0.95 0.38
P/B 1.30 5.43 1.58
Price to free cash flow n/m 24.20 17.66
EV/EBITDA 11.14 16.77 10.46
EV/Sales 0.30 0.86 0.33
Earnings yield 8.70% 3.25% 6.77%
Free cash flow yield (16.16%) 4.13% 2.07%

Profitability

Metric AVT CLMB Electronics & Computer Distribution median
Gross margin 10.30% 15.50% 14.23%
Operating margin 3.26% 3.99% 2.99%
Net margin 1.74% 3.04% 1.99%
Free cash flow margin (3.24%) 3.91% 0.71%
Return on equity 0.00% 19.26% 9.15%
Return on assets 3.66% 5.24% 3.52%
Return on invested capital 7.91% 28.60% 8.25%

Growth

Metric AVT CLMB Electronics & Computer Distribution median
Revenue growth (TTM) 44.26% 24.23% 14.77%
EPS growth (last fiscal year) 45.82% 14.29% 17.81%
Revenue growth, 5-year CAGR 7.18% 21.00% 1.79%
Net income growth, 5-year CAGR 11.61% 37.05% 4.24%

Health

Metric AVT CLMB Electronics & Computer Distribution median
Debt to equity 0.63 0.00 0.37
Current ratio 1.73 1.14 1.39
Net debt to EBITDA 2.70 (0.97) 1.23

Dividend

Metric AVT CLMB Electronics & Computer Distribution median
Dividend yield 1.79% 0.11% 0.95%
Payout ratio 0.21 0.03 0.19

Size

Metric AVT CLMB Electronics & Computer Distribution median
Market cap 6.30b 743.52m 1.46b

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