Aviat Z Score
AVNW  Stock  USD 32.84 0.54 1.67% 
Aviat  Z Score 
Aviat Z Score Analysis
Aviat Networks' ZScore is a simple linear, multifactor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..2010  2011  2016  2022 (projected)  
Receivables  133 M  63.45 M  119.03 M  86.83 M 
Inventories  71.8 M  30.36 M  27.17 M  26.75 M 
Z Score  =  Sum Of   5 Factors 
Current Aviat Networks Z Score  69.2 
Most of Aviat Networks' fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Aviat Networks is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
 
 
 
 

Aviat Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Aviat Networks is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Aviat Networks' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Aviat Networks' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Aviat Networks' interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate ZScore one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. ZScore can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with ZScores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a socalled 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition 
In accordance with the company's disclosures, Aviat Networks has a Z Score of 69. This is much higher than that of the Communications Equipment sector and 114.11% higher than that of the Information Technology industry. The z score for all United States stocks is notably lower than that of the firm.
Aviat Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Aviat Networks' direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Aviat Networks could also be used in its relative valuation, which is a method of valuing Aviat Networks by comparing valuation metrics of similar companies.Aviat Networks is currently under evaluation in z score category among related companies.
Aviat Networks Institutional Holders
Institutional Holdings refers to the ownership stake in Aviat Networks that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Aviat Networks' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in highprofile magazines, and presentations at investor conferences help move the stock higher, increasing Aviat Networks' value.Security Type  Shares  Value  
Xtx Topco Ltd  Common Shares  8.3 K  226 K  
Worth Venture Partners Llc  Common Shares  137.8 K  3.8 M  
Worth Venture Partners Llc  Common Shares  138.3 K  3.7 M  
Worth Venture Partners Llc  Common Shares  102.4 K  3.2 M  
Worth Venture Partners Llc  Common Shares  91.1 K  2.9 M  
Worth Venture Partners Llc  Common Shares  139 K  4.6 M  
Worth Venture Partners Llc  Common Shares  139 K  4.6 M  
Wolverine Trading Llc  Put Options  36 K  964 K  
Wolverine Trading Llc  Call Options  6.7 K  202 K 
Aviat Fundamentals
Return On Equity  0.07 %  
Return On Asset  0.05 %  
Profit Margin  0.0442 %  
Operating Margin  0.09 %  
Current Valuation  334.81 M  
Shares Outstanding  11.32 M  
Shares Owned by Insiders  2.32 %  
Shares Owned by Institutions  76.93 %  
Number of Shares Shorted  327.38 K  
Price to Earning  24.93 X  
Price to Book  1.78 X  
Price to Sales  1.20 X  
Revenue  302.96 M  
Gross Profit  109.23 M  
EBITDA  34.9 M  
Net Income  21.16 M  
Cash and Equivalents  47.77 M  
Cash per Share  4.27 X  
Total Debt  2.92 M  
Debt to Equity  0.014 %  
Current Ratio  1.98 X  
Book Value Per Share  17.63 X  
Cash Flow from Operations  2.79 M  
Short Ratio  4.35 X  
Earnings Per Share  1.13 X  
Target Price  56.8  
Number of Employees  636  
Beta  1.74  
Market Capitalization  371.75 M  
Total Asset  323.9 M  
Retained Earnings  (807.27 M)  
Working Capital  40.47 M  
Current Asset  140.41 M  
Current Liabilities  99.95 M  
Z Score  69.2  
Net Asset  323.9 M 
About Aviat Networks Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Aviat Networks's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aviat Networks using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aviat Networks based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Aviat Networks, Inc. provides microwave networking solutions in North America, Africa, the Middle East, Europe, Latin America, and the Asia Pacific. The company was incorporated in 2006 and is headquartered in Austin, Texas. Aviat Networks operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 636 people.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Aviat Networks without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate riskadjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Pair Trading with Aviat Networks
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aviat Networks position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aviat Networks will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Aviat Networks could be a great tool in your taxloss harvesting strategies, allowing investors a quick way to find a similarenough asset to replace Aviat Networks when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aviat Networks  that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aviat Networks to buy it.
The correlation of Aviat Networks is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between 1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aviat Networks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aviat Networks moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aviat Networks can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better riskadjusted return on your portfolios.Please continue to Aviat Networks Piotroski F Score and Aviat Networks Valuation analysis. You can also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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When running Aviat Networks price analysis, check to measure Aviat Networks' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aviat Networks is operating at the current time. Most of Aviat Networks' value examination focuses on studying past and present price action to predict the probability of Aviat Networks' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Aviat Networks' price. Additionally, you may evaluate how the addition of Aviat Networks to your portfolios can decrease your overall portfolio volatility.
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Is Aviat Networks' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aviat Networks. If investors know Aviat will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aviat Networks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY 0.7  Market Capitalization 371.8 M  Quarterly Revenue Growth YOY 0.11  Return On Assets 0.0538  Return On Equity 0.0709 
The market value of Aviat Networks is measured differently than its book value, which is the value of Aviat that is recorded on the company's balance sheet. Investors also form their own opinion of Aviat Networks' value that differs from its market value or its book value, called intrinsic value, which is Aviat Networks' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aviat Networks' market value can be influenced by many factors that don't directly affect Aviat Networks' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aviat Networks' value and its price as these two are different measures arrived at by different means. Investors typically determine Aviat Networks value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aviat Networks' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.