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 $6.3B against $4.5B — 1.4× the size. Avnet, Inc. trades at the lower P/E: 11.5× against 26.5×. Avnet, Inc. grew revenue faster over the last twelve months: 44.3% against 9.02%. Insight Enterprises, Inc. has the higher net margin (2.01% vs 1.74%) and the higher return on invested capital (8.58% vs 7.91%). Across the 21 metrics below, Avnet, Inc. leads on 13 and Insight Enterprises, Inc. on 8.

Valuation

Metric AVT NSIT Electronics & Computer Distribution median
P/E 11.50 26.46 13.29
P/S 0.20 0.51 0.38
P/B 1.30 2.96 1.58
Price to free cash flow n/m 16.42 17.66
EV/EBITDA 11.14 11.83 10.46
EV/Sales 0.30 0.64 0.33
Earnings yield 8.70% 3.78% 6.77%
Free cash flow yield (16.16%) 6.09% 2.07%

Profitability

Metric AVT NSIT Electronics & Computer Distribution median
Gross margin 10.30% 22.02% 14.23%
Operating margin 3.26% 4.07% 2.99%
Net margin 1.74% 2.01% 1.99%
Free cash flow margin (3.24%) 3.13% 0.71%
Return on equity 0.00% 11.54% 9.15%
Return on assets 3.66% 1.82% 3.52%
Return on invested capital 7.91% 8.58% 8.25%

Growth

Metric AVT NSIT Electronics & Computer Distribution median
Revenue growth (TTM) 44.26% 9.02% 14.77%
EPS growth (last fiscal year) 45.82% (25.80%) 17.81%
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 0.63 0.96 0.37
Current ratio 1.73 1.19 1.39
Net debt to EBITDA 2.70 2.25 1.23

Dividend

Metric AVT NSIT Electronics & Computer Distribution median
Dividend yield 1.79% — 0.95%
Payout ratio 0.21 — 0.19

Size

Metric AVT NSIT Electronics & Computer Distribution median
Market cap 6.30b 4.48b 1.46b

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