Arrow Electronics Experiences Valuation Adjustment Amid Mixed Performance Metrics

Arrow Electronics, Inc., a player in the Electronics & Appliances sector, has recently undergone a valuation adjustment. The company's current P/E ratio stands at 27, while its price-to-book value is recorded at 2.21. Other financial metrics include an EV to EBIT of 18.36 and an EV to EBITDA of 15.51, indicating its operational efficiency. The return on capital employed (ROCE) is noted at 10.01%, and the return on equity (ROE) is at 8.10%.
In comparison to its peers, Arrow Electronics shows a higher P/E ratio than TD SYNNEX Corp. and Avnet, Inc., which have P/E ratios of 17.48 and 14.04, respectively. Resideo Technologies, Inc. presents a P/E of 24.70, while ScanSource, Inc. has a notably lower P/E of 12.48.

Despite the recent valuation adjustment, Arrow's performance metrics reflect a mixed picture. Over the past year, the company's stock has returned -9.10%, contrasting with the S&P 500's return of 16.64%. In the longer term, Arrow's performance over three years shows a return of 24.97%, significantly lagging behind the S&P 500's 70.89% return. This context highlights the competitive landscape within the electronics sector, where Arrow Electronics is navigating its market position.