Viavi Solutions Inc. provides network test, monitoring, and assurance solutions to communications service providers, enterprises, network equipment manufacturers, government, and avionics customers worldwide.
Viavi Solutions Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$15.87|
|52 Week High||US$11.37|
|52 Week Low||US$18.14|
|1 Month Change||-1.61%|
|3 Month Change||-8.58%|
|1 Year Change||33.03%|
|3 Year Change||41.07%|
|5 Year Change||113.59%|
|Change since IPO||669.46%|
Recent News & Updates
These 4 Measures Indicate That Viavi Solutions (NASDAQ:VIAV) Is Using Debt Safely
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
|VIAV||US Communications||US Market|
Return vs Industry: VIAV underperformed the US Communications industry which returned 43.9% over the past year.
Return vs Market: VIAV matched the US Market which returned 33.8% over the past year.
Stable Share Price: VIAV is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: VIAV's weekly volatility (3%) has been stable over the past year.
About the Company
Viavi Solutions Inc. provides network test, monitoring, and assurance solutions to communications service providers, enterprises, network equipment manufacturers, government, and avionics customers worldwide. The company operates through three segments: Network Enablement (NE), Service Enablement (SE), and Optical Security and Performance Products (OSP) segments. The NE segment offers testing solutions that access the network to perform build-out and maintenance tasks.
Viavi Solutions Fundamentals Summary
|VIAV fundamental statistics|
Is VIAV overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|VIAV income statement (TTM)|
|Cost of Revenue||US$451.50m|
Last Reported Earnings
Jul 03, 2021
Next Earnings Date
|Earnings per share (EPS)||0.20|
|Net Profit Margin||3.85%|
How did VIAV perform over the long term?See historical performance and comparison
Is Viavi Solutions 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: VIAV ($15.87) is trading below our estimate of fair value ($19.4)
Significantly Below Fair Value: VIAV is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: VIAV is poor value based on its PE Ratio (78.7x) compared to the US Communications industry average (22.6x).
PE vs Market: VIAV is poor value based on its PE Ratio (78.7x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate VIAV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VIAV is overvalued based on its PB Ratio (4.7x) compared to the US Communications industry average (2.2x).
How is Viavi Solutions forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if VIAV's forecast earnings growth is above the savings rate (2%).
Earnings vs Market: Insufficient data to determine if VIAV's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: VIAV's revenue (4.9% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: VIAV's revenue (4.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VIAV's Return on Equity is forecast to be low in 3 years time (17.7%).
How has Viavi Solutions performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VIAV has high quality earnings.
Growing Profit Margin: VIAV's current net profit margins (3.8%) are higher than last year (2.6%).
Past Earnings Growth Analysis
Earnings Trend: VIAV has become profitable over the past 5 years, growing earnings by -4.3% per year.
Accelerating Growth: VIAV's earnings growth over the past year (58.1%) exceeds its 5-year average (-4.3% per year).
Earnings vs Industry: VIAV earnings growth over the past year (58.1%) underperformed the Communications industry 63%.
Return on Equity
High ROE: VIAV's Return on Equity (5.9%) is considered low.
How is Viavi Solutions's financial position?
Financial Position Analysis
Short Term Liabilities: VIAV's short term assets ($1.1B) exceed its short term liabilities ($705.0M).
Long Term Liabilities: VIAV's short term assets ($1.1B) exceed its long term liabilities ($481.6M).
Debt to Equity History and Analysis
Debt Level: VIAV's debt to equity ratio (80.5%) is considered high.
Reducing Debt: VIAV's debt to equity ratio has reduced from 84.5% to 80.5% over the past 5 years.
Debt Coverage: VIAV's debt is well covered by operating cash flow (39%).
Interest Coverage: VIAV's interest payments on its debt are well covered by EBIT (4.1x coverage).
What is Viavi Solutions's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VIAV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate VIAV's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if VIAV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VIAV's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of VIAV's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Oleg Khaykin (56 yo)
Mr. Oleg Khaykin has been the Chief Executive Officer and President of Viavi Solutions Inc. since February 3, 2016. He joined Viavi in February 2016. Mr. Khaykin served as Senior Advisor of Silver Lake/Sil...
CEO Compensation Analysis
Compensation vs Market: Oleg's total compensation ($USD7.14M) is above average for companies of similar size in the US market ($USD5.27M).
Compensation vs Earnings: Oleg's compensation has been consistent with company performance over the past year.
Experienced Management: VIAV's management team is seasoned and experienced (5.7 years average tenure).
Experienced Board: VIAV's board of directors are considered experienced (5.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: VIAV insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Viavi Solutions Inc.'s employee growth, exchange listings and data sources
- Name: Viavi Solutions Inc.
- Ticker: VIAV
- Exchange: NasdaqGS
- Founded: 1923
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: US$3.626b
- Shares outstanding: 228.47m
- Website: https://www.viavisolutions.com
Number of Employees
- Viavi Solutions Inc.
- 7047 E Greenway Pkwy
- Suite 250
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/19 22:09|
|End of Day Share Price||2021/09/17 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.