When Should You Buy Avnet, Inc. (NASDAQ:AVT)?
When Should You Buy Avnet, Inc. (NASDAQ:AVT)?
Avnet, Inc. (NASDAQ:AVT), is not the largest company out there, but it received a lot of attention from a substantial price movement on the NASDAQGS over the last few months, increasing to US$54.95 at one point, and dropping to the lows of US$46.54. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Avnet's current trading price of US$50.72 reflective of the actual value of the mid-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let's take a look at Avnet's outlook and value based on the most recent financial data to see if there are any catalysts for a price change.
Avnet, Inc.（納斯達克股票代碼：AVT）雖然不是最大的公司，但在過去幾個月中在納斯達克股票市場上引起了很大關注。股價一度上漲到美元54.95美元，然後下跌至46.54美元的低點。有時，股價波動給投資者提供了更好的買入機會，可以以更低的價格潛在購買。一個需要回答的問題是：Avnet目前的交易價格爲50.72美元，這反映了中型公司的實際價值還是被低估了，爲我們提供了購買的機會？讓我們根據最新的財務數據來看看Avnet的前景和價值，以確定是否有任何催化劑推動價格變化。
Is Avnet Still Cheap?
Avnet仍然便宜嗎？
Good news, investors! Avnet is still a bargain right now according to our price multiple model, which compares the company's price-to-earnings ratio to the industry average. We've used the price-to-earnings ratio in this instance because there's not enough visibility to forecast its cash flows. The stock's ratio of 8.02x is currently well-below the industry average of 21.41x, meaning that it is trading at a cheaper price relative to its peers. Although, there may be another chance to buy again in the future. This is because Avnet's beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. If the market is bearish, the company's shares will likely fall by more than the rest of the market, providing a prime buying opportunity.
好消息，投資者們注意了！根據我們的價格倍數模型，Avnet現在仍然是一隻便宜的股票，因爲它的市盈率與行業平均水平進行了比較。在這種情況下，我們使用市盈率作爲比較標準，因爲沒有足夠的可見性來預測它的現金流。目前，Avnet的市盈率爲8.02倍，遠低於行業平均水平的21.41倍，這意味着它的股票價格相對於同業者來說較便宜。儘管在未來可能會有另一個購買機會，但這是因爲Avnet的貝塔值（股價波動的一種衡量標準）較高，這意味着其股價波動相對於市場上其他股票來說會更加明顯。如果市場看淡，該公司的股票可能會下跌得比整個市場更多，從而提供了一個買入良機。
What kind of growth will Avnet generate?
Avnet將產生什麼樣的增長？
Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. However, with an extremely negative double-digit change in profit expected next year, near-term growth is certainly not a driver of a buy decision. It seems like high uncertainty is on the cards for Avnet, at least in the near future.
未來前景是買入股票時需要考慮的重要因素，特別是對於尋求投資組合增長的投資者來說。購買一個前景良好的公司，以廉價的價格，通常是一個好的投資，因此我們還需關注該公司的未來預期。然而，由於明年預計利潤出現極其負面的雙位數變化，近期的增長肯定不是購買決策的驅動力。Avnet似乎存在高度不確定性，至少在短期內。
What This Means For You
這對您意味着什麼？
Are you a shareholder? Although AVT is currently trading below the industry PE ratio, the negative profit outlook does bring on some uncertainty, which equates to higher risk. We recommend you think about whether you want to increase your portfolio exposure to AVT, or whether diversifying into another stock may be a better move for your total risk and return.
你是股東嗎？雖然AVT目前交易價格低於該行業的市盈率，但負面的利潤預期帶來了一些不確定性，這意味着風險更高。我們建議您考慮是否要增加對AVT股票的投資組合曝光，或者分散成其他股票，可能會爲您的總體風險和回報帶來更好的效果。
Are you a potential investor? If you've been keeping tabs on AVT for some time, but hesitant on making the leap, we recommend you research further into the stock. Given its current price multiple, now is a great time to make a decision. But keep in mind the risks that come with negative growth prospects in the future.
你是一個潛在的投資者嗎？如果你一直注意着Avnet股票，但還在猶豫是否要入手，我們建議你繼續對該股票進行研究。由於其當前的價格倍數，現在是做出決策的好時機。但請記住，未來負增長前景帶來的風險。
So while earnings quality is important, it's equally important to consider the risks facing Avnet at this point in time. For example, we've found that Avnet has 3 warning signs (1 shouldn't be ignored!) that deserve your attention before going any further with your analysis.
因此，雖然收益質量很重要，但同樣重要的是考慮此時此刻Avnet面臨的風險。例如，我們發現Avnet有3個警示符號（1個不容忽視！），這些都值得您在進行進一步分析之前關注。
If you are no longer interested in Avnet, you can use our free platform to see our list of over 50 other stocks with a high growth potential.
如果你不再對Avnet感興趣，你可以使用我們的免費平台來查看我們的超過50個其他股票的高增長潛力清單。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
對本文有反饋？關於內容有所顧慮？直接和我們聯繫。或者，發送電子郵件至editorial-team (at) simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論，只使用公正的方法論，我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議，也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意，我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有反饋？關於內容有所顧慮？直接和我們聯繫。或者發送電子郵件至editorial-team@simplywallst.com。
譯文內容由第三人軟體翻譯。