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 $7.6B against $4.7B — 1.6× the size. Avnet, Inc. trades at the lower P/E: 22.1× against 23.4×. 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, Avnet, Inc. leads on 13 and Insight Enterprises, Inc. on 8.

Valuation

Metric AVT NSIT Electronics & Computer Distribution median
P/E 22.11 23.43 16.80
P/S 0.27 0.56 0.48
P/B 1.47 3.00 1.83
Price to free cash flow n/m 11.91 13.78
EV/EBITDA 11.31 11.71 10.55
EV/Sales 0.35 0.69 0.40
Earnings yield 4.52% 4.27% 5.24%
Free cash flow yield (4.79%) 8.39% 3.11%

Profitability

Metric AVT NSIT Electronics & Computer Distribution median
Gross margin 10.43% 22.10% 14.67%
Operating margin 2.62% 4.56% 2.89%
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% 3.10%
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%) 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 0.49 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 1.58% — 0.96%
Payout ratio 0.36 — 0.20

Size

Metric AVT NSIT Electronics & Computer Distribution median
Market cap 7.64b 4.66b 1.76b

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