Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Aviat Networks. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Aviat Networks's earnings available for a low price, and how does
this compare to other companies in the same industry?
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Aviat Networks has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Communications industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Aviat Networks's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Aviat Networks's earnings growth to the Germany market average as no estimate data is available.
Unable to compare Aviat Networks's revenue growth to the Germany market average as no estimate data is available.
Unable to determine if Aviat Networks is high growth as no earnings estimate data is available.
Unable to determine if Aviat Networks is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Aviat Networks's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Michael A. Pangia, also known as Mike, has been the Chief Executive Officer and President of Aviat Networks, Inc. (also known as Harris Stratex Networks, Inc.) since July 18, 2011. Mr. Pangia served as the Chief Sales Officer and Senior Vice President of Aviat Networks, Inc. from March 2009 to July 18, 2011. Before joining Harris Stratex, he spent more than 20 years at Nortel in various senior level management positions. Mr. Pangia served as Senior Vice President of Global Sales Operations & Strategy of Nortel Networks Corp. from July 2008 to March 2009. Mr. Pangia served as President of Asia Region of Nortel Networks Ltd., from June 2006 to April 2008, where he was responsible for Nortel's overall sales strategy and operations for the Asia region, including Greater China, Japan, India, Australia, New Zealand, Southeast Asia Region and Pakistan. In his 20 years with Nortel, Mr. Pangia has held various senior management positions across different lines of business and has worked in US, Canada, Europe and the Caribbean and Latin America regions. His previous roles include Vice President of Global Enterprise Operations and Services and Vice President of Finance for Nortel's optical business. Prior to this new appointment, he held various leadership positions with Nortel since 1986 and also served as chief operating officer for Asia Pacific. Mr. Pangia's previous roles were in both finance and operations positions including Leader, Global Operations and Services, Enterprise, Vice-President of Finance, Optical Networks and Vice President of Finance, Market Segments. He has been an Executive Director of Aviat Networks, Inc. since July 18, 2011. Mr. Pangia holds a Bachelor of Commerce degree from the University of Windsor and an MBA from the University of Toronto in Canada.
Mike's compensation has been consistent with company performance over the past year.
Mike's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure
Average tenure and age of the
management team in years:
The tenure for the Aviat Networks management team is about average.
Senior Vice President of Corporate Development
Senior Vice President of International
VP, Corporate Controller & Principal Accounting Officer
Chief Product Officer & Senior VP
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The tenure for the Aviat Networks board of directors is about average.
Aviat Networks, Inc. designs, manufactures, and sells a range of wireless networking products, solutions, and services worldwide. Its products include broadband wireless access base stations and customer premises equipment for fixed and mobile networks; and point-to-point digital microwave radio systems for access, backhaul, trunking, and license-exempt applications, as well as supporting new network deployments, network expansion, and capacity upgrades. The company also offers network management software tools and applications, which enable operators to deploy, monitor, manage, and optimize its systems, as well as sources, supplies, and supports third party equipment, such as antennas, routers, optical transmission equipment, and other equipment to build and deploy telecommunications transmission network. In addition, it provides a suite of professional services, including planning, deployment, operation, optimization, and maintenance of customers’ networks. The company serves mobile and fixed public, private, and broadcast network operators; federal, state, and local government agencies; and transportation, energy, and utility companies, as well as public safety agencies. It markets its products through a direct sales, service, and support organization, as well as through original equipment manufacturers and system integrators; and indirectly through dealers, resellers, and sales representatives. The company was formerly known as Harris Stratex Networks, Inc. and changed its name to Aviat Networks, Inc. in January 2010. Aviat Networks, Inc. was incorporated in 2006 and is headquartered in Milpitas, California.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.