Avid Technology, Inc. develops, markets, sells, and supports software, hardware, and integrated solutions for video and audio content creation, management, and distribution worldwide.
Moderate growth potential and overvalued.
Share Price & News
How has Avid Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AVD has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: AVD exceeded the German Tech industry which returned 4.6% over the past year.
Return vs Market: AVD exceeded the German Market which returned 6.1% over the past year.
Price Volatility Vs. Market
How volatile is Avid Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Avid Technology undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AVD (€7.55) is trading below our estimate of fair value (€8.16)
Significantly Below Fair Value: AVD is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: AVD is unprofitable, so we can't compare its PE Ratio to the Tech industry average.
PE vs Market: AVD is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AVD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AVD has negative assets, so we can't compare its PB Ratio to the XE Tech industry average.
How is Avid Technology forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AVD is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (-0.4%).
Earnings vs Market: AVD is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: AVD's is expected to become profitable in the next 3 years.
Revenue vs Market: AVD's revenue (3.2% per year) is forecast to grow slower than the German market (5.1% per year).
High Growth Revenue: AVD's revenue (3.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if AVD's Return on Equity is forecast to be high in 3 years time
How has Avid Technology performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AVD is currently unprofitable.
Growing Profit Margin: AVD is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AVD is unprofitable, and losses have increased over the past 5 years at a rate of -42.5% per year.
Accelerating Growth: Unable to compare AVD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AVD is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (-8.4%).
Return on Equity
High ROE: AVD's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
Return on Capital Employed
How is Avid Technology's financial position?
Financial Position Analysis
Short Term Liabilities: AVD has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AVD has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: AVD has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: AVD's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Inventory Level: AVD has a high level of physical assets or inventory.
Debt Coverage by Assets: AVD has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: AVD has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: AVD has been profitable on average in the past, therefore cash runway is not a concern.
What is Avid Technology's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate AVD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate AVD's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AVD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AVD's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AVD's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeff Rosica (57yo)
Mr. Jeff Rosica has been President of at Avid Technology, Inc. since December 2016 and its Chief Executive Officer since February 25, 2018. He has been Director of Avid Technology, Inc. since March 2018. H ...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD4.84M) is above average for companies of similar size in the German market ($USD806.68K).
Compensation vs Earnings: Jeff's compensation has increased whilst the company is unprofitable.
|Executive VP||1.8yrs||US$1.01m||0.41% $1.3m|
|Executive VP and Chief Legal & Administrative Officer||1.8yrs||US$1.31m||0.44% $1.4m|
|Senior VP & Chief Revenue Officer||0.9yrs||US$1.15m||0.39% $1.3m|
|Senior VP & Chief Product Officer||4.5yrs||US$1.08m||0.74% $2.4m|
|VP & Chief Accounting Officer||0.3yrs||no data||0.058% $189.6k|
|CTO & VP of Product Management||1.8yrs||no data||no data|
|Vice President of Investor Relations||0yrs||no data||no data|
|Director of Corporate Development||0yrs||no data||no data|
|Chief Marketing Officer & Senior VP||1.6yrs||no data||no data|
Experienced Management: AVD's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
|Independent Director||15yrs||US$206.38k||0.25% $821.8k|
|Independent Director||22.3yrs||US$212.29k||0.25% $820.9k|
|Independent Director||4.6yrs||US$185.75k||0.21% $672.4k|
|Independent Chairman of the Board||2.1yrs||US$138.24k||0.037% $119.7k|
|Independent Director||10.3yrs||US$191.11k||1.87% $6.1m|
|Independent Director||0.6yrs||no data||no data|
|Independent Director||2.8yrs||US$201.71k||0.10% $341.2k|
|Independent Director||2.1yrs||US$182.07k||0.064% $210.3k|
|Independent Director||0.3yrs||no data||no data|
Experienced Board: AVD's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2%.
Avid Technology, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Avid Technology, Inc.
- Ticker: AVD
- Exchange: DB
- Founded: 1987
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Market Cap: US$355.156m
- Listing Market Cap: US$326.495m
- Shares outstanding: 43.05m
- Website: https://www.avid.com
Number of Employees
- Avid Technology, Inc.
- 75 Network Drive
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AVID||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Mar 1993|
|AVD||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Mar 1993|
Avid Technology, Inc. develops, markets, sells, and supports software, hardware, and integrated solutions for video and audio content creation, management, and distribution worldwide. The company’s video products and solutions include the Media Composer, which is used to edit video content, such as television programming, commercials, and films; Avid NEXIS shared storage systems; and Maestro product line solutions for the integration of virtual sets, augmented reality, and video wall control into existing workflows. Its audio products and solutions include Pro Tools digital audio software solutions to facilitate the audio production process, including music and sound creation, recording, editing, signal processing, integrated surround mixing and mastering, and reference video playback; Sibelius, which allows users to create, edit, and publish musical scores; S6 that offers complementary control surfaces and consoles; and VENUE | S6L live-sound systems. The company also provides Avid Link, a mobile application to connect with other artists, producers, mixers, composers, editors, videographers, movie makers, and graphic designers; FastServe video server that assists broadcasters in making the move to UHD and IP based workflows with a new and modular architecture; and hardware products, such as I/O devices, interfaces, and audio and video processing equipment. In addition, it offers various service contracts and support plans; professional services, such as workflow design and consulting, program and project management, system installation and commissioning, and custom development and role-based product level training; and public and private training to customers and alliance partners, as well as develops and licenses curriculum content for use by third party Avid Learning partners to deliver training to customers, users, and alliance partners. Avid Technology, Inc. was incorporated in 1987 and is headquartered in Burlington, Massachusetts.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/26 20:40|
|End of Day Share Price||2020/02/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.