AVNW vs DGII vs RBBN Stock Comparison

Aviat Networks, Digi International and Ribbon Communications Prices as of Nov 3, 2026 Peers: Industry group
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AVNW Aviat Networks, Inc.
$20.12 -2.7% 1M -17.7% 1Y
Market cap
$256.17M
P/E
100.9x
Revenue (TTM)
$439.68M
Div. yield
–
Networking Equipment Technology
1 win
DGII Digi International Inc
$72.03 -4.7% 1M +99.3% 1Y
Market cap
$2.73B
P/E
56.0x
Revenue (TTM)
$506.21M
Div. yield
–
Networking Equipment Technology
9 wins

Head to Head

11 decided of 12

Digi International leads on 9 of the 12 questions below (Digi International 9, Ribbon Communications 1, Aviat Networks 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAVNWDGIIRBBNLeader
Larger companyMarket capitalisation $256.17M $2.73B $273.66M DGII
Cheaper on earningsLower P/E, profitable companies only 100.9x 56.0x 14.7x RBBN
Cheaper on forward earningsLower price / next fiscal year consensus EPS 7.7x 25.9x 31.6x AVNW
Faster revenue growthRevenue growth, trailing twelve months +1.2% +20.3% -7.8% DGII
More profitableNet margin, trailing twelve months 0.6% 9.6% 2.3% DGII
Better return on capitalReturn on invested capital 1.0% 6.9% 0.0% DGII
Less leveragedLower net debt / EBITDA 1.0x 0.7x 9.4x DGII
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -17.7% +99.3% -53.0% DGII
Better 5-year returnAnnualised price return, 5 years -9.0%/yr +25.7%/yr -23.5%/yr DGII
Less volatileAnnualised volatility, 1 year 62.3% 41.1% 69.6% DGII
Higher overall scoreMean of the five percentile scores vs peers 54/100 59/100 40/100 DGII

Percentile Scorecard

AVNWDGIIRBBN

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAVNWDGIIRBBN
Valuation 85 #18 of 112 43 #64 of 112 64 #41 of 112
Growth 66 #37 of 108 68 #35 of 108 17 #90 of 108
Profitability 42 #61 of 104 82 #20 of 104 32 #71 of 104
Financial Health 30 #82 of 116 48 #61 of 116 17 #97 of 116
Shareholder Returns 48 #45 of 85 54 #40 of 85 71 #25 of 85
Overall 54 59 40
  • AVNW ranked among 121 companies in Computer Hardware
  • DGII ranked among 121 companies in Computer Hardware
  • RBBN ranked among 121 companies in Computer Hardware

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAVNWDGIIRBBNSPY
1 month -2.7%-4.7%-10.7% -2.0%
3 months -6.1%-0.2%-27.2% -2.2%
6 months +33.3%+23.3%-42.1% +4.2%
Year to date -5.9%+66.4%-45.1% +10.6%
1 year -17.7%+99.3%-53.0% +10.4%
3 years -34.1%+186.1%-23.3% +73.6%
3 years, per year -13.0%+42.0%-8.5% +20.2%
5 years -37.5%+213.3%-73.8% +61.6%
5 years, per year -9.0%+25.7%-23.5% +10.1%
10 years +366.8%+646.4%-71.7% +261.3%
10 years, per year +16.7%+22.3%-11.9% +13.7%

Risk

MeasureAVNWDGIIRBBNSPY
Volatility, 1Y 62.3%41.1%69.6% 12.8%
Downside volatility, 1Y 77.9%39.5%79.5% 12.8%
Beta vs S&P 500, 1Y 1.721.491.33 1.00
Return / volatility, 1Y -0.282.42-0.76 0.81
Max drawdown, 5Y -65.1%-48.6%-78.9% -25.4%
From 52-week high -24.8%-15.5%-53.0% -3.2%
52-week high $26.74$85.24$3.36 $779.14
52-week low $15.09$35.40$1.32 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAVNWDGIIRBBN
P/E now vs peer median 101.8xmedian 30.7x 55.8xmedian 30.7x 15.2xmedian 30.7x
P/S now vs peer median 0.6xmedian 2.6x 5.4xmedian 2.6x 0.4xmedian 2.6x
EV/EBITDA now vs peer median 11.1xmedian 18.9x 24.9xmedian 18.9x 18.2xmedian 18.9x
P/FCF now vs peer median 42.3xmedian 28.0x 20.1xmedian 28.0x -9.7xmedian 28.0x
P/B now vs peer median 1.0xmedian 2.8x 4.0xmedian 2.8x 0.7xmedian 2.8x
PEG now vs peer median -2.61median 1.07 3.52median 1.07 0.46median 1.07

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAVNWDGIIRBBN
Revenue $439.68M $506.21M $800.98M
Gross profit $138.29M $323.07M $386.62M
Operating income $19.24M $70.58M -$29.02M
Net income $2.54M $48.74M $18.59M
Free cash flow $6.09M $135.98M -$29.11M
R&D $28.40M $73.84M $178.44M
EPS (diluted) $0.19 $1.25 $0.10
Cash & equivalents $72.84M $27.97M $40.38M
Total debt $97.00M $108.13M $342.88M
Shares (diluted) 13.03M 38.92M 178.86M
Enterprise value -$46.10M $2.62B $25.81M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAVNWDGIIRBBN
P/E 101.8x 55.8x 15.2x
P/FCF 42.3x 20.1x -9.7x
P/Operating cash flow 19.0x 19.7x -15.1x
P/S 0.6x 5.4x 0.4x
P/B 1.0x 4.0x 0.7x
P/Tangible book 1.1x 8.6x 1.0x
EV/EBITDA 11.1x 24.9x 18.2x
EV/EBIT 14.6x 39.9x -20.2x
EV/Revenue 0.6x 5.6x 0.7x
EV/FCF 46.3x 20.7x -20.1x
EV/Operating cash flow 20.8x 20.3x -31.3x
PEG (3Y EPS CAGR) -2.61 3.52 0.46

Growth

14 metrics
MetricAVNWDGIIRBBN
Revenue growth (1Y) 1.2% 20.3% -7.8%
Revenue CAGR (3Y) 8.5% 4.9% -1.3%
Gross profit growth (1Y) -0.8% 23.4% -12.1%
Gross profit CAGR (3Y) 4.2% 9.3% -1.2%
Operating income growth (1Y) 81.9% 24.0% -240.9%
Operating income CAGR (3Y) -7.9% 9.7% 9.9%
Net income growth (1Y) 89.3% 14.2% 143.2%
Net income CAGR (3Y) -37.0% 18.0% 33.0%
EPS growth (1Y) 86.4% 10.5% 142.6%
EPS CAGR (3Y) -39.0% 15.9% 32.7%
Operating cash flow growth (1Y) 137.0% 30.1% -122.3%
Operating cash flow CAGR (3Y) 117.2% 59.2% -50.8%
Free cash flow growth (1Y) 184.0% 31.6% -155.4%
Free cash flow CAGR (3Y) 42.2% 60.8% -90.6%

Profitability

14 metrics
MetricAVNWDGIIRBBN
Gross margin 31.5% 63.8% 48.3%
EBITDA margin 5.8% 22.3% 4.0%
Operating margin 4.4% 13.9% -3.6%
Pretax margin 3.0% 12.4% -8.9%
Net margin 0.6% 9.6% 2.3%
FCF margin 1.4% 26.9% -3.6%
Operating cash flow margin 3.1% 27.3% -2.3%
Return on equity 0.9% 7.2% 4.8%
Return on assets 0.4% 5.0% 1.6%
Return on invested capital 1.0% 6.9% 0.0%
Return on capital employed 5.0% 8.4% -3.5%
Asset turnover 0.7x 0.5x 0.7x
Cash conversion (OCF / net income) 5.3x 2.8x -1.0x
Stock comp / revenue 1.4% 3.4% 2.7%

Financial Health

11 metrics
MetricAVNWDGIIRBBN
Debt / assets 16.2% 11.2% 29.8%
Debt / equity 0.4x 0.2x 0.9x
Net debt / EBITDA 1.0x 0.7x 9.4x
Debt / FCF 15.9x 0.8x -11.8x
Liabilities / assets 55.4% 29.0% 66.2%
Equity / assets 44.6% 71.0% 33.8%
Interest coverage – 8.9x –
Current ratio 2.0x 1.1x 1.3x
Quick ratio 1.6x 0.7x 1.1x
Cash ratio 0.3x 0.2x 0.1x
Altman Z-score 0.40 7.14 -1.01

Shareholder Returns

7 metrics
MetricAVNWDGIIRBBN
Dividend yield – – –
Net buyback yield 0.0% 0.0% 1.4%
Shareholder yield 0.0% 0.0% 1.4%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAVNWDGIIRBBN
Forward P/E 7.7xFY2027 25.9xFY2026 31.6xFY2026
EPS, next fiscal year $2.60FY2027 $2.78FY2026 $0.05FY2026
EPS growth, next FY +56.6%FY2027 +32.4%FY2026 -92.4%FY2026
EPS growth, the year after +21.9% +9.4% +200.0%
Revenue, next fiscal year $436.13MFY2027 $519.66MFY2026 $790.52MFY2026
Revenue growth, next FY -0.8%FY2027 +20.8%FY2026 -6.4%FY2026
Revenue growth, the year after +8.1% +3.8% +11.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAVNWDGIIRBBN
Held by institutions 81.1% 100.0% 71.8%
Institutions holding 123 285 161
Change in shares held, QoQ +2.4% +1.6% -0.7%
Institutions buying 68 143 88
Institutions selling 35 105 41
Buyers to sellers 1.94 1.36 2.15

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AVNWDGIIRBBN
AVNW 1.00 0.27 0.16
DGII 0.27 1.00 0.22
RBBN 0.16 0.22 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, AVNW, DGII and RBBN?

Digi International (DGII) is the largest by market capitalisation: Aviat Networks (AVNW) $256.17M, Digi International (DGII) $2.73B, Ribbon Communications (RBBN) $273.66M.

Which stock is cheaper, AVNW, DGII and RBBN?

Ribbon Communications (RBBN) trades on the lowest price-to-earnings ratio (Aviat Networks (AVNW) 100.9x, Digi International (DGII) 56.0x, Ribbon Communications (RBBN) 14.7x). On next year's consensus earnings, Aviat Networks (AVNW) is cheapest (Aviat Networks (AVNW) 7.7x, Digi International (DGII) 25.9x, Ribbon Communications (RBBN) 31.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Digi International (DGII) grew revenue fastest over the trailing twelve months: Aviat Networks (AVNW) +1.2%, Digi International (DGII) +20.3%, Ribbon Communications (RBBN) -7.8%.

Which company is more profitable?

Digi International (DGII) has the highest net margin (Aviat Networks (AVNW) 0.6%, Digi International (DGII) 9.6%, Ribbon Communications (RBBN) 2.3%). On return on invested capital, Digi International (DGII) leads (Aviat Networks (AVNW) 1.0%, Digi International (DGII) 6.9%, Ribbon Communications (RBBN) 0.0%).

Which stock has performed better?

Over the past year Digi International (DGII) returned the most: Aviat Networks (AVNW) -17.7%, Digi International (DGII) +99.3%, Ribbon Communications (RBBN) -53.0%. Over five years, Digi International (DGII) compounded fastest (Aviat Networks (AVNW) -9.0%/yr, Digi International (DGII) +25.7%/yr, Ribbon Communications (RBBN) -23.5%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Digi International (DGII) has been the steadiest (Aviat Networks (AVNW) 62.3%, Digi International (DGII) 41.1%, Ribbon Communications (RBBN) 69.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AVNW, DGII and RBBN?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Digi International (DGII) leads on 9. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.