VIAVI SOLUTIONS INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 8.01 USD | +0.50% |
|
-0.74% | -20.46% |
| Apr. 17 | Spirent Communications Directors Propose Adjournment to Meetings for Viavi's Buyout Bid | MT |
| Apr. 15 | VIAVI Joins the OpenAirInterface Software Alliance as Strategic Member | CI |
Valuation
| Fiscal Period: July | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,197 | 2,807 | 4,006 | 2,982 | 2,520 | 1,783 | - | - |
| Enterprise Value (EV) 1 | 3,254 | 2,868 | 3,926 | 3,107 | 2,725 | 1,872 | 1,713 | 1,530 |
| P/E ratio | 699 x | 103 x | 87.6 x | 187 x | 103 x | 24.3 x | 15.1 x | 12.8 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 2.83 x | 2.47 x | 3.34 x | 2.31 x | 2.28 x | 1.75 x | 1.64 x | 1.54 x |
| EV / Revenue | 2.88 x | 2.52 x | 3.27 x | 2.4 x | 2.46 x | 1.84 x | 1.58 x | 1.33 x |
| EV / EBITDA | 13.7 x | 11.4 x | 13.6 x | 9.64 x | 13.1 x | 11.3 x | 7.97 x | 6.57 x |
| EV / FCF | 34.7 x | 27.7 x | 20.5 x | 29.4 x | - | 16.4 x | 6.87 x | 9.93 x |
| FCF Yield | 2.88% | 3.62% | 4.87% | 3.4% | - | 6.1% | 14.6% | 10.1% |
| Price to Book | 4.41 x | 3.95 x | 5.16 x | 4.41 x | - | 2.27 x | 1.93 x | 1.66 x |
| Nbr of stocks (in thousands) | 228,686 | 227,973 | 228,639 | 227,831 | 222,449 | 222,566 | - | - |
| Reference price 2 | 13.98 | 12.32 | 17.52 | 13.09 | 11.33 | 8.010 | 8.010 | 8.010 |
| Announcement Date | 8/15/19 | 8/11/20 | 8/12/21 | 8/11/22 | 8/10/23 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: July | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,130 | 1,136 | 1,199 | 1,292 | 1,106 | 1,018 | 1,087 | 1,154 |
| EBITDA 1 | 237.3 | 250.9 | 289.3 | 322.5 | 207.7 | 165.7 | 214.9 | 233 |
| EBIT 1 | 197.6 | 210.9 | 253.5 | 286.8 | 172.5 | 126.9 | 177.6 | 219.3 |
| Operating Margin | 17.48% | 18.56% | 21.14% | 22.19% | 15.6% | 12.46% | 16.34% | 19% |
| Earnings before Tax (EBT) 1 | 39.3 | 94 | 109.4 | 65.1 | 60.7 | 65 | 141.7 | 159 |
| Net income 1 | 5.4 | 28.7 | 46.1 | 15.5 | 25.5 | 93.03 | 147.8 | 153 |
| Net margin | 0.48% | 2.53% | 3.85% | 1.2% | 2.31% | 9.14% | 13.61% | 13.26% |
| EPS 2 | 0.0200 | 0.1200 | 0.2000 | 0.0700 | 0.1100 | 0.3300 | 0.5300 | 0.6250 |
| Free Cash Flow 1 | 93.8 | 103.7 | 191.2 | 105.6 | - | 114.2 | 249.5 | 154 |
| FCF margin | 8.3% | 9.13% | 15.95% | 8.17% | - | 11.22% | 22.97% | 13.35% |
| FCF Conversion (EBITDA) | 39.53% | 41.33% | 66.09% | 32.74% | - | 68.94% | 116.1% | 66.09% |
| FCF Conversion (Net income) | 1,737.04% | 361.32% | 414.75% | 681.29% | - | 122.79% | 168.79% | 100.65% |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 8/15/19 | 8/11/20 | 8/12/21 | 8/11/22 | 8/10/23 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: July | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | 2025 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 326.8 | 314.8 | 315.5 | 335.3 | 310.2 | 284.5 | 247.8 | 263.6 | 247.9 | 254.5 | 249.2 | 264.4 | 263.1 | 274.3 | 266.2 |
| EBITDA 1 | 83.2 | 82.2 | 80 | 80.3 | 75.9 | 54.6 | 37.3 | 40.4 | 40.5 | 43 | 36.7 | 45.1 | 44.6 | 56.65 | 51.8 |
| EBIT 1 | 74.3 | 73.3 | 67.7 | 71.5 | 67.4 | 46 | 28.3 | 30.8 | 30.8 | 33.7 | 26.58 | 36.52 | 38.12 | 46.44 | 42.72 |
| Operating Margin | 22.74% | 23.28% | 21.46% | 21.32% | 21.73% | 16.17% | 11.42% | 11.68% | 12.42% | 13.24% | 10.67% | 13.81% | 14.49% | 16.93% | 16.05% |
| Earnings before Tax (EBT) 1 | - | - | - | - | - | - | -9.4 | - | 18.4 | 18.3 | 23.1 | 30.2 | 28.6 | 38.1 | 40.5 |
| Net income 1 | -54.8 | 34.6 | 19.2 | 16.5 | - | 8.4 | -15.4 | -0.1 | 9.8 | 10.7 | 10.75 | 22.1 | 23.35 | 26.85 | 27.55 |
| Net margin | -16.77% | 10.99% | 6.09% | 4.92% | - | 2.95% | -6.21% | -0.04% | 3.95% | 4.2% | 4.31% | 8.36% | 8.88% | 9.79% | 10.35% |
| EPS 2 | -0.2400 | 0.1400 | 0.0800 | 0.0700 | - | 0.0400 | -0.0700 | - | 0.0400 | 0.0500 | 0.0500 | 0.0950 | 0.1050 | 0.1150 | 0.1200 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/4/21 | 2/3/22 | 5/3/22 | 8/11/22 | 11/3/22 | 2/2/23 | 5/2/23 | 8/10/23 | 11/2/23 | 2/1/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: July | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 57.3 | 60.4 | - | 125 | 205 | 88.8 | - | - |
| Net Cash position 1 | - | - | 79.7 | - | - | - | 69.5 | 253 |
| Leverage (Debt/EBITDA) | 0.2415 x | 0.2407 x | - | 0.3876 x | 0.9851 x | 0.5356 x | - | - |
| Free Cash Flow 1 | 93.8 | 104 | 191 | 106 | - | 114 | 250 | 154 |
| ROE (net income / shareholders' equity) | 21.4% | 23.8% | 26.3% | 31.4% | 18.3% | 10.9% | 13.9% | 14% |
| ROA (Net income/ Total Assets) | 8.13% | 9.54% | 10.5% | 11.9% | - | - | - | - |
| Assets 1 | 66.41 | 300.9 | 440.7 | 130.3 | - | - | - | - |
| Book Value Per Share 2 | 3.170 | 3.120 | 3.390 | 2.970 | - | 3.530 | 4.140 | 4.830 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 45 | 31.9 | 52.1 | 72.5 | - | 26.2 | 32.3 | 40 |
| Capex / Sales | 3.98% | 2.81% | 4.35% | 5.61% | - | 2.57% | 2.97% | 3.47% |
| Announcement Date | 8/15/19 | 8/11/20 | 8/12/21 | 8/11/22 | 8/10/23 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C
Sell
Buy
Mean consensus
BUY
Number of Analysts
9
Last Close Price
8.01
USD
Average target price
12.84
USD
Spread / Average Target
+60.34%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -20.46% | 1.78B | |
| -5.27% | 194B | |
| +12.39% | 82.95B | |
| +61.44% | 66.91B | |
| +10.66% | 57.73B | |
| +11.60% | 27.55B | |
| +12.37% | 20.23B | |
| +63.72% | 20.06B | |
| -9.05% | 17.46B | |
| +8.53% | 17.63B |
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- Financials Viavi Solutions Inc.
