Avnet, Inc. (AVT) vs Taitron Components Incorporated (TAIT)

Avnet, Inc. and Taitron Components Incorporated are both Electronics & Computer Distribution companies. Avnet, Inc. is the larger, with a market value of $8.3B against $6.6M — 1253.8× the size. Taitron Components Incorporated trades at the lower P/E: 18.7× against 25.3×. Avnet, Inc. grew revenue faster over the last twelve months: 24.5% against −27.3%. Taitron Components Incorporated has the higher net margin (26.4% vs 1.21%) and the lower return on invested capital (−3.10% vs 6.17%). Both pay a dividend; Taitron Components Incorporated yields more (6.29% vs 2.77%). Across the 21 metrics below, Taitron Components Incorporated leads on 11 and Avnet, Inc. on 10.

Valuation

Metric AVT TAIT Electronics & Computer Distribution median
P/E 25.33 18.73 18.73
P/S 0.31 4.20 0.47
P/B 1.69 0.84 2.01
Price to free cash flow n/m 23.49 14.47
EV/EBITDA 12.56 n/m 11.04
EV/Sales 0.39 0.99 0.39
Earnings yield 3.95% 5.34% 4.83%
Free cash flow yield (4.19%) 4.26% 3.03%

Profitability

Metric AVT TAIT Electronics & Computer Distribution median
Gross margin 10.43% 47.53% 14.67%
Operating margin 2.62% (7.88%) 2.84%
Net margin 1.21% 26.37% 2.35%
Free cash flow margin (1.28%) 17.86% 1.72%
Return on equity 6.67% 5.26% 9.56%
Return on assets 2.43% 4.84% 2.94%
Return on invested capital 6.17% (3.10%) 7.54%

Growth

Metric AVT TAIT Electronics & Computer Distribution median
Revenue growth (TTM) 24.47% (27.27%) 6.09%
EPS growth (last fiscal year) 45.82% (145.20%) —
Revenue growth, 5-year CAGR 7.18% (11.51%) 1.79%
Net income growth, 5-year CAGR 11.61% 0.00% 4.24%

Health

Metric AVT TAIT Electronics & Computer Distribution median
Debt to equity 0.49 0.00 0.24
Current ratio 1.78 16.52 1.40
Net debt to EBITDA 2.70 7.29 1.23

Dividend

Metric AVT TAIT Electronics & Computer Distribution median
Dividend yield 2.77% 6.29% 1.60%
Payout ratio 0.14 0.65 0.06

Size

Metric AVT TAIT Electronics & Computer Distribution median
Market cap 8.30b 6.62m 1.71b

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