Market cap
$1,191 Mln
Revenue (TTM)
$413 Mln
P/E Ratio
37.6
P/B Ratio
0
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -16.15 | -11.63 | -1.65 | 3.54 | 0.27 |
| EBIT | -148.99 | -117.23 | -44.59 | -4.18 | 23.14 |
| Net Profit | 26.01 | -161.87 | -82.88 | -25.45 | 18.59 |
| EPS | -59.18 | -161.69 | -70.40 | -12.19 | 21.99 |
| Book Value | -- | -- | -- | -- | -- |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-22 | Dec-21 |
| EBIT-Margin
| 10.98 | 9.06 | 7.11 | 12.90 | 11.29 |
| Net Margin
| 8.75 | 5.92 | 3.13 | 13.21 | 9.98 |
| Return on equity
| -28.46 | -17.04 | -- | -45.49 | -32.21 |
| Return on Capital
| 43.55 | 178.82 | -- | 71.92 | 47.98 |
| Return on Assets
| 12.53 | 7.20 | 3.16 | 19.68 | 14.29 |
| Debt to Equity (x)
| -- | -- | -1.65 | -1.71 | -1.56 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
Avid Technology (AVID)
|
--
|
71.92
|
47.98
|
10.75
|
9.62
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
--
--
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
Avid Technology (AVID)
|
--
|
-45.49
|
-32.21
|
-7.68
|
-4.72
|
|
Peer Median
|
11.09
|
--
|
--
|
--
|
--
|
ROA
3.16
Lower than Peers by 0.46
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
Avid Technology (AVID)
|
3.16
|
19.68
|
14.29
|
3.63
|
2.67
|
|
Peer Median
|
3.62
|
--
|
--
|
--
|
--
|
EBIT Margin
7.11
Lower than Peers by 1.74
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
Avid Technology (AVID)
|
7.11
|
12.90
|
11.29
|
8.76
|
7.80
|
|
Peer Median
|
8.85
|
--
|
--
|
--
|
--
|
Net Margin
3.13
Lower than Peers by 5.95
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
Avid Technology (AVID)
|
3.13
|
13.21
|
9.98
|
3.06
|
1.85
|
|
Peer Median
|
9.08
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
Avid Technology (AVID)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-1.65
Lower than Peers by 16.89
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
Avid Technology (AVID)
|
-1.65
|
0.02
|
0.14
|
-0.12
|
0.00
|
|
Peer Median
|
15.24
|
--
|
--
|
--
|
--
|
EBIT Growth
-44.59
Lower than Peers by 74.10
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
Avid Technology (AVID)
|
-44.59
|
16.41
|
46.55
|
-1.67
|
70.47
|
|
Peer Median
|
29.50
|
--
|
--
|
--
|
--
|
Net Profit Growth
-82.88
Lower than Peers by 113.32
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
Avid Technology (AVID)
|
-82.88
|
33.47
|
274.15
|
45.53
|
171.21
|
|
Peer Median
|
30.45
|
--
|
--
|
--
|
--
|
EPS Growth
-70.40
Lower than Peers by 128.27
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
Avid Technology (AVID)
|
-70.40
|
0.39
|
2.72
|
0.40
|
1.69
|
|
Peer Median
|
57.87
|
--
|
--
|
--
|
--
|
Book Value Growth
11.91
Lower than Peers by 9.11
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
Avid Technology (AVID)
|
11.91
|
--
|
--
|
--
|
--
|
|
Peer Median
|
21.02
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
-1.65
Lower than Peers by 1.66
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
Avid Technology (AVID)
|
-1.65
|
-1.71
|
-1.56
|
-1.78
|
-1.66
|
|
Peer Median
|
0.00
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
-0.12
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
Avid Technology (AVID)
|
-0.12
|
-0.08
|
-0.07
|
-0.04
|
-0.20
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.07
Lower than Peers by 0.50
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
Avid Technology (AVID)
|
1.07
|
0.94
|
0.92
|
1.14
|
0.98
|
|
Peer Median
|
1.58
|
--
|
--
|
--
|
--
|
Quick Ratio
0.88
Lower than Peers by 0.69
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
Avid Technology (AVID)
|
0.88
|
0.83
|
0.82
|
1.00
|
0.85
|
|
Peer Median
|
1.56
|
--
|
--
|
--
|
--
|
Interest Coverage
1.15
Lower than Peers by 12.35
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
Avid Technology (AVID)
|
1.15
|
5.76
|
6.47
|
1.65
|
1.09
|
|
Peer Median
|
13.50
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
22.51
Higher than Peers by 4.34
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
Avid Technology (AVID)
|
22.51
|
26.15
|
23.41
|
26.96
|
22.65
|
|
Peer Median
|
18.18
|
--
|
--
|
--
|
--
|
Asset Turnover
1.01
Higher than Peers by 0.57
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
Avid Technology (AVID)
|
1.01
|
1.49
|
1.42
|
1.18
|
1.44
|
|
Peer Median
|
0.44
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
Avid Technology (AVID)
|
--
|
89.73
|
86.04
|
96.49
|
78.74
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
Avid Technology (AVID)
|
--
|
52.25
|
58.90
|
77.02
|
69.72
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
Avid Technology (AVID)
|
--
|
92.94
|
61.67
|
85.28
|
88.81
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
Avid Technology (AVID)
|
--
|
49.04
|
83.27
|
88.23
|
59.65
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
37.56
Lower than Peers by 13.85
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
Avid Technology (AVID)
|
37.56
|
21.17
|
36.02
|
65.33
|
49.37
|
|
Peer Median
|
51.41
|
--
|
--
|
--
|
--
|
Price / Book Value
--
--
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
Avid Technology (AVID)
|
--
|
-9.85
|
-12.02
|
-5.44
|
-2.42
|
|
Peer Median
|
7.80
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
Avid Technology (AVID)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
21.35
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
Avid Technology (AVID)
|
21.35
|
21.06
|
26.91
|
19.48
|
12.16
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
1,191
Higher than Peers by 71
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-22
|
Dec-21
|
Dec-20
|
Dec-19
|
|---|---|---|---|---|---|
|
Avid Technology (AVID)
|
1,191
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1,120
|
--
|
--
|
--
|
--
|