Avnet, Inc. (AVT) vs Insight Enterprises, Inc. (NSIT)

Avnet, Inc. and Insight Enterprises, Inc. are both Electronics & Computer Distribution companies. Avnet, Inc. is the larger, with a market value of $8.3B against $4.7B — 1.8× the size. Insight Enterprises, Inc. trades at the lower P/E: 23.2× against 25.3×. Avnet, Inc. grew revenue faster over the last twelve months: 24.5% against 2.68%. Insight Enterprises, Inc. has the higher net margin (2.45% vs 1.21%) and the higher return on invested capital (8.99% vs 6.17%). Across the 21 metrics below, Insight Enterprises, Inc. leads on 11 and Avnet, Inc. on 10.

Valuation

Metric AVT NSIT Electronics & Computer Distribution median
P/E 25.33 23.22 18.73
P/S 0.31 0.56 0.47
P/B 1.69 2.98 2.01
Price to free cash flow n/m 11.81 14.47
EV/EBITDA 12.56 11.62 11.04
EV/Sales 0.39 0.69 0.39
Earnings yield 3.95% 4.31% 4.83%
Free cash flow yield (4.19%) 8.47% 3.03%

Profitability

Metric AVT NSIT Electronics & Computer Distribution median
Gross margin 10.43% 22.10% 14.67%
Operating margin 2.62% 4.56% 2.84%
Net margin 1.21% 2.45% 2.35%
Free cash flow margin (1.28%) 4.72% 1.72%
Return on equity 6.67% 13.11% 9.56%
Return on assets 2.43% 2.09% 2.94%
Return on invested capital 6.17% 8.99% 7.54%

Growth

Metric AVT NSIT Electronics & Computer Distribution median
Revenue growth (TTM) 24.47% 2.68% 6.09%
EPS growth (last fiscal year) 45.82% (25.80%) —
Revenue growth, 5-year CAGR 7.18% (0.22%) 1.79%
Net income growth, 5-year CAGR 11.61% (1.84%) 4.24%

Health

Metric AVT NSIT Electronics & Computer Distribution median
Debt to equity 0.49 0.92 0.24
Current ratio 1.78 1.18 1.40
Net debt to EBITDA 2.70 2.25 1.23

Dividend

Metric AVT NSIT Electronics & Computer Distribution median
Dividend yield 2.77% — 1.60%
Payout ratio 0.14 0.00 0.06

Size

Metric AVT NSIT Electronics & Computer Distribution median
Market cap 8.30b 4.69b 1.71b

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