Is Avnet, Inc. overvalued or undervalued?

As of 31 October 2025, the valuation grade for Avnet, Inc. moved from expensive to fair. The company is fairly valued based on its current metrics. Key ratios include a P/E ratio of 12, a Price to Book Value of 0.88, and an EV to EBITDA of 8.44. In comparison, TD SYNNEX Corp. has a P/E of 17.48, while Arrow Electronics, Inc. shows a significantly higher P/E of 29.60, indicating that Avnet is positioned more favorably within its industry.
Despite its fair valuation, Avnet's recent stock performance has lagged behind the S&P 500, with a year-to-date return of -7.40% compared to the index's 16.30%. Over a three-year period, Avnet's return of 20.55% is significantly lower than the S&P 500's 76.66%, suggesting potential concerns about growth relative to broader market trends.