Arrow Electronics
Market Cap
US$6.4b
Last Updated
2019/10/23 23:32 UTC
Data Sources
Company Financials +
Executive Summary
Arrow Electronics, Inc. provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions worldwide.
Snowflake
Fundamentals
Mediocre balance sheet and slightly overvalued.
Similar Companies
Share Price & News
How has Arrow Electronics's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
1.2%
ARW
2.0%
US Electronic
0.4%
US Market
1 Year Return
17.7%
ARW
19.3%
US Electronic
11.4%
US Market
Return vs Industry: ARW exceeded the US Electronic industry which returned 19.3% over the past year.
Return vs Market: ARW exceeded the US Market which returned 11.4% over the past year.
Shareholder returns
| ARW | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.2% | 2.0% | 0.4% |
| 30 Day | 2.6% | 4.1% | 0.3% |
| 90 Day | 7.6% | 2.8% | -1.2% |
| 1 Year | 17.7%17.7% | 20.5%19.3% | 13.9%11.4% |
| 3 Year | 22.7%22.7% | 55.3%51.0% | 47.2%37.6% |
| 5 Year | 39.2%39.2% | 82.7%73.8% | 62.4%44.6% |
Price Volatility Vs. Market
How volatile is Arrow Electronics's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
Does Arrow Electronics (NYSE:ARW) Have A Healthy Balance Sheet?3 weeks ago | Simply Wall St
Is Arrow Electronics, Inc.'s (NYSE:ARW) CEO Paid At A Competitive Rate?1 month ago | Simply Wall St
Estimating The Fair Value Of Arrow Electronics, Inc. (NYSE:ARW)Valuation
Is Arrow Electronics undervalued compared to its fair value and its price relative to the market?
15.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ARW ($76.58) is trading below our estimate of fair value ($90.82)
Significantly Below Fair Value: ARW is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ARW is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.
PE vs Market: ARW is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ARW's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ARW is good value based on its PB Ratio (1.3x) compared to the US Electronic industry average (1.9x).
Next Steps
Future Growth
How is Arrow Electronics forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
222.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ARW is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: ARW is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: ARW is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: ARW's revenue is expected to decline over the next 3 years (-0.1% per year).
High Growth Revenue: ARW's revenue is forecast to decline over the next 3 years (-0.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ARW's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Arrow Electronics performed over the past 5 years?
-1.4%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: ARW is unprofitable, and losses have increased over the past 5 years at a rate of -1.4% per year.
Accelerating Growth: Unable to compare ARW's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ARW is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (58.6%).
Return on Equity
High ROE: ARW has a negative Return on Equity (0.11%), as it is currently unprofitable.
Return on Assets
ROA vs Industry: ARW is currently unprofitable, so its Return on Assets is negative.
Return on Capital Employed
ROCE Improving: ARW is currently unprofitable, so its Return on Capital Employed is negative.
Next Steps
Financial Health
How is Arrow Electronics's financial position?
Financial Position Analysis
Short Term Liabilities: ARW's short term assets ($12.1B) exceeds its short term liabilities ($7.4B)
Long Term Liabilities: ARW's short term assets (12.1B) exceeds its long term liabilities (3.8B)
Debt to Equity History and Analysis
Debt Level: ARW's debt to equity ratio (71.4%) is considered high
Reducing Debt: ARW's debt to equity ratio has increased from 49.3% to 71.4% over the past 5 years.
Debt Coverage: ARW's debt is well covered by operating cash flow (24.2%).
Interest Coverage: ARW is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Inventory Level: ARW has a high level of physical assets or inventory.
Debt Coverage by Assets: ARW's debt is covered by short term assets (assets are 3.5x debt).
Next Steps
Dividend
What is Arrow Electronics's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate ARW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate ARW's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stable Dividend: Insufficient data to determine if ARW's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ARW'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 ARW's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
What is the CEO of Arrow Electronics's salary, the management and board of directors tenure and is there insider trading?
4.7yrs
Average management tenure
CEO
Mike Long (60yo)
10.4yrs
Tenure
US$15,339,932
Compensation
Mr. Michael J. Long, also known as Mike, has been the Chief Executive Officer of Arrow Electronics, Inc. since May 1, 2009 and has been its President since February 3, 2008. Mr. Long serves as the Chief Ex ...
CEO Compensation Analysis
Compensation vs. Market: Mike's total compensation ($USD15.34M) is about average for companies of similar size in the US market ($USD6.91M).
Compensation vs Earnings: Mike's compensation has increased whilst the company is unprofitable.
Management Age and Tenure
4.7yrs
Average Tenure
55.5yo
Average Age
Experienced Management: ARW's management team is considered experienced (4.7 years average tenure).
Board Age and Tenure
9.3yrs
Average Tenure
67.5yo
Average Age
Experienced Board: ARW's board of directors are considered experienced (9.3 years average tenure).
Insider Trading
Insider Buying: ARW insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Financial Officer Senior VP & CFO |
| Shares | 23,100 |
| Max Price | US$69.59 |
| Entity | Individual |
| Shares | 3,200 |
| Max Price | US$68.11 |
| Entity | Individual |
| Role | Unit President President of Global Enterprise Computing Solutions |
| Shares | 5,286 |
| Max Price | US$81.64 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 2,043 |
| Max Price | US$81.91 |
| Entity | Individual |
| Role | Senior Key Executive Senior VP & Chief Strategy Officer |
| Shares | 929 |
| Max Price | US$81.90 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 6,845 |
| Max Price | US$81.79 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 60,252 |
| Max Price | US$81.20 |
| Entity | Individual |
| Shares | 1,250 |
| Max Price | US$81.99 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 53,984 |
| Max Price | US$80.70 |
| Entity | Individual |
| Shares | 700 |
| Max Price | US$74.37 |
Ownership Breakdown
Management Team
Mike Long (60yo)
Chairman
- Tenure: 10.4yrs
- Compensation: US$15.34m
Vincent Melvin (55yo)
Senior VP & Chief Information Officer
- Tenure: 13.1yrs
Steven O'Brien
Vice President of Investor Relations
- Tenure: 0yrs
Cathy Morris (60yo)
Senior VP & Chief Strategy Officer
- Tenure: 12.8yrs
- Compensation: US$2.93m
Andy King (55yo)
President of Global Components
- Tenure: 3.9yrs
- Compensation: US$2.72m
John Hourigan
Vice President of Global Communications
- Tenure: 0yrs
Sean Kerins (56yo)
President of Global Enterprise Computing Solutions
- Tenure: 5.4yrs
- Compensation: US$2.80m
Chris Stansbury (54yo)
Senior VP & CFO
- Tenure: 3.4yrs
- Compensation: US$4.86m
Lily Hughes (56yo)
Senior VP & Chief Legal Officer
- Tenure: 0.3yrs
Richard Seidlitz (40yo)
Corporate Controller & Principal Accounting Officer
- Tenure: 1.4yrs
Board Members
Rick Hill (67yo)
Independent Director
- Tenure: 13.7yrs
- Compensation: US$250.30k
Mike Long (60yo)
Chairman
- Tenure: 10.4yrs
- Compensation: US$15.34m
Stephen Patrick (69yo)
Independent Director
- Tenure: 16.3yrs
- Compensation: US$250.00k
Barry Perry (73yo)
Lead Independent Director
- Tenure: 8.4yrs
- Compensation: US$280.00k
Gail Hamilton (69yo)
Independent Director
- Tenure: 11.6yrs
- Compensation: US$250.00k
Andrew Kerin (55yo)
Independent Director
- Tenure: 8.8yrs
- Compensation: US$260.00k
Philip Asherman (68yo)
Independent Director
- Tenure: 8.8yrs
- Compensation: US$270.00k
Fran Keeth (72yo)
Independent Director
- Tenure: 15.2yrs
- Compensation: US$270.00k
Steve Gunby (61yo)
Independent Director
- Tenure: 1.8yrs
- Compensation: US$153.69k
Laurel Krzeminski (64yo)
Director
- Tenure: 0.8yrs
Company Information
Arrow Electronics, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Arrow Electronics, Inc.
- Ticker: ARW
- Exchange: NYSE
- Founded: 1935
- Industry: Technology Distributors
- Sector: Tech
- Market Cap: US$6.367b
- Shares outstanding: 83.14m
- Website: https://www.arrow.com
Number of Employees
Location
- Arrow Electronics, Inc.
- 9201 East Dry Creek Road
- Centennial
- Colorado
- 80112
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ARW | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1968 |
| ARW | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1968 |
| 0HI1 | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jan 1968 |
Biography
Arrow Electronics, Inc. provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions worldwide. The company operates in two segm ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/23 23:32 |
| End of Day Share Price | 2019/10/23 00:00 |
| Earnings | 2019/06/29 |
| Annual Earnings | 2018/12/31 |
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.