AVNW vs ERIC Stock Comparison

Aviat Networks and Ericsson Lm Telephone Prices as of Oct 26, 2026 Peers: Industry group
AVNW Aviat Networks, Inc.
$19.67 -2.1% 1M -21.5% 1Y
Market cap
$261.95M
P/E
103.2x
Revenue (TTM)
$439.68M
Div. yield
–
Networking Equipment Technology
2 wins
ERIC Ericsson Lm Telephone Co
$10.89 +14.3% 1M +15.2% 1Y
Market cap
$36.91B
P/E
18.1x
Revenue (TTM)
$24.56B
Div. yield
-0.03%
Networking Equipment Technology
9 wins

Head to Head

11 decided of 12

Ericsson Lm Telephone leads on 9 of the 12 questions below (Ericsson Lm Telephone 9, Aviat Networks 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAVNWERICLeader
Larger companyMarket capitalisation $261.95M $36.91B ERIC
Cheaper on earningsLower P/E, profitable companies only 103.2x 18.1x ERIC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 7.6x 16.8x AVNW
Faster revenue growthRevenue growth, trailing twelve months +1.2% -38.5% AVNW
More profitableNet margin, trailing twelve months 0.6% 8.3% ERIC
Better return on capitalReturn on invested capital 1.0% 20.0% ERIC
Less leveragedLower net debt / EBITDA 1.0x -0.6x ERIC
Higher dividend yieldTrailing dividend yield 0.00% -0.03% –
Better 1-year returnPrice return, last 12 months -21.5% +15.2% ERIC
Better 5-year returnAnnualised price return, 5 years -7.4%/yr -0.2%/yr ERIC
Less volatileAnnualised volatility, 1 year 62.6% 36.5% ERIC
Higher overall scoreMean of the five percentile scores vs peers 54/100 59/100 ERIC

Percentile Scorecard

AVNWERIC

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

AxisAVNWERIC
Valuation 81 #22 of 111 88 #14 of 111
Growth 66 #37 of 108 46 #59 of 108
Profitability 46 #57 of 104 86 #15 of 104
Financial Health 29 #82 of 115 40 #70 of 115
Shareholder Returns 46 #44 of 81 38 #51 of 81
Overall 54 59
  • AVNW ranked among 121 companies in Computer Hardware
  • ERIC ranked among 121 companies in Computer Hardware

Price Performance

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

Returns

PeriodAVNWERICSPY
1 month -2.1%+14.3% -0.8%
3 months -3.8%+12.6% +3.5%
6 months -13.0%-1.5% +7.0%
Year to date -8.0%+12.8% +12.2%
1 year -21.5%+15.2% +13.0%
3 years -22.7%+149.8% +86.3%
3 years, per year -8.2%+35.7% +23.1%
5 years -31.8%-1.0% +68.6%
5 years, per year -7.4%-0.2% +11.0%
10 years +355.3%+116.1% +258.0%
10 years, per year +16.4%+8.0% +13.6%

Risk

MeasureAVNWERICSPY
Volatility, 1Y 62.6%36.5% 12.7%
Downside volatility, 1Y 78.1%36.7% 12.7%
Beta vs S&P 500, 1Y 1.651.03 1.00
Return / volatility, 1Y -0.340.42 1.02
Max drawdown, 5Y -65.1%-65.8% -25.4%
From 52-week high -26.4%-20.7% -1.8%
52-week high $26.74$13.74 $779.14
52-week low $15.09$9.15 $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.

MultipleAVNWERIC
P/E now vs peer median 99.5xmedian 32.0x 17.8xmedian 32.0x
P/S now vs peer median 0.6xmedian 2.8x 1.5xmedian 2.8x
EV/EBITDA now vs peer median 10.9xmedian 19.4x 9.1xmedian 19.4x
P/FCF now vs peer median 41.3xmedian 29.0x 9.8xmedian 29.0x
P/B now vs peer median 0.9xmedian 2.9x 3.3xmedian 2.9x
PEG now vs peer median -2.55median 1.13 0.41median 1.13

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 monthsAVNWERIC
Revenue $439.68M $24.56B
Gross profit $138.29M $11.51B
Operating income $19.24M $2.90B
Net income $2.54M $2.04B
Free cash flow $6.09M $3.76B
R&D $28.40M $5.22B
EPS (diluted) $0.19 $0.61
Cash & equivalents $72.84M $5.11B
Total debt $97.00M $3.73B
Shares (diluted) 13.03M 3.34B
Enterprise value -$40.32M $14.53B

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
MetricAVNWERIC
P/E 99.5x 17.8x
P/FCF 41.3x 9.8x
P/Operating cash flow 18.6x 10.7x
P/S 0.6x 1.5x
P/B 0.9x 3.3x
P/Tangible book 1.0x 3.3x
EV/EBITDA 10.9x 9.1x
EV/EBIT 14.3x 11.9x
EV/Revenue 0.6x 1.4x
EV/FCF 45.3x 9.2x
EV/Operating cash flow 20.4x 10.0x
PEG (3Y EPS CAGR) -2.55 0.41

Growth

14 metrics
MetricAVNWERIC
Revenue growth (1Y) 1.2% -38.5%
Revenue CAGR (3Y) 8.5% -2.0%
Gross profit growth (1Y) -0.8% 3.7%
Gross profit CAGR (3Y) 4.2% 4.0%
Operating income growth (1Y) 81.9% -18.4%
Operating income CAGR (3Y) -7.9% 55.0%
Net income growth (1Y) 89.3% -18.7%
Net income CAGR (3Y) -37.0% 43.4%
EPS growth (1Y) 86.4% -17.7%
EPS CAGR (3Y) -39.0% 43.1%
Operating cash flow growth (1Y) 137.0% 4.3%
Operating cash flow CAGR (3Y) 117.2% 44.0%
Free cash flow growth (1Y) 184.0% 6.1%
Free cash flow CAGR (3Y) 42.2% 34.7%

Profitability

14 metrics
MetricAVNWERIC
Gross margin 31.5% 46.8%
EBITDA margin 5.8% 15.4%
Operating margin 4.4% 11.8%
Pretax margin 3.0% 11.2%
Net margin 0.6% 8.3%
FCF margin 1.4% 15.3%
Operating cash flow margin 3.1% 14.0%
Return on equity 0.9% 18.7%
Return on assets 0.4% 6.8%
Return on invested capital 1.0% 20.0%
Return on capital employed 5.0% 17.8%
Asset turnover 0.7x 0.8x
Cash conversion (OCF / net income) 5.3x 1.7x
Stock comp / revenue 1.4% –

Financial Health

11 metrics
MetricAVNWERIC
Debt / assets 16.2% 12.4%
Debt / equity 0.4x 0.3x
Net debt / EBITDA 1.0x -0.6x
Debt / FCF 15.9x 1.0x
Liabilities / assets 55.4% 63.1%
Equity / assets 44.6% 36.9%
Interest coverage – –
Current ratio 2.0x 1.2x
Quick ratio 1.6x 0.8x
Cash ratio 0.3x 0.4x
Altman Z-score 0.39 –

Shareholder Returns

7 metrics
MetricAVNWERIC
Dividend yield – 2.8%
Net buyback yield 0.0% -2.2%
Shareholder yield 0.0% 0.6%
Payout ratio (earnings) – 50.9%
Payout ratio (FCF) – 27.7%
Dividend growth (1Y) – -13.4%
Dividend CAGR (3Y) – -7.7%

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.

ConsensusAVNWERIC
Forward P/E 7.6xFY2027 16.8xFY2026
EPS, next fiscal year $2.60FY2027 $0.65FY2026
EPS growth, next FY +56.6%FY2027 -30.9%FY2026
EPS growth, the year after +21.9% -3.1%
Revenue, next fiscal year $436.13MFY2027 $24.16BFY2026
Revenue growth, next FY -0.8%FY2027 -8.1%FY2026
Revenue growth, the year after +8.1% +1.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAVNWERIC
Held by institutions 81.1% 9.5%
Institutions holding 123 388
Change in shares held, QoQ +2.4% +0.4%
Institutions buying 68 219
Institutions selling 35 110
Buyers to sellers 1.94 1.99

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.

AVNWERIC
AVNW 1.00 0.12
ERIC 0.12 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AVNW and ERIC?

Ericsson Lm Telephone (ERIC) is the largest by market capitalisation: Aviat Networks (AVNW) $261.95M, Ericsson Lm Telephone (ERIC) $36.91B.

Which stock is cheaper, AVNW and ERIC?

Ericsson Lm Telephone (ERIC) trades on the lowest price-to-earnings ratio (Aviat Networks (AVNW) 103.2x, Ericsson Lm Telephone (ERIC) 18.1x). On next year's consensus earnings, Aviat Networks (AVNW) is cheapest (Aviat Networks (AVNW) 7.6x, Ericsson Lm Telephone (ERIC) 16.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Aviat Networks (AVNW) grew revenue fastest over the trailing twelve months: Aviat Networks (AVNW) +1.2%, Ericsson Lm Telephone (ERIC) -38.5%.

Which company is more profitable?

Ericsson Lm Telephone (ERIC) has the highest net margin (Aviat Networks (AVNW) 0.6%, Ericsson Lm Telephone (ERIC) 8.3%). On return on invested capital, Ericsson Lm Telephone (ERIC) leads (Aviat Networks (AVNW) 1.0%, Ericsson Lm Telephone (ERIC) 20.0%).

Which stock has performed better?

Over the past year Ericsson Lm Telephone (ERIC) returned the most: Aviat Networks (AVNW) -21.5%, Ericsson Lm Telephone (ERIC) +15.2%. Over five years, Ericsson Lm Telephone (ERIC) compounded fastest (Aviat Networks (AVNW) -7.4%/yr, Ericsson Lm Telephone (ERIC) -0.2%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Ericsson Lm Telephone (ERIC) has been the steadiest (Aviat Networks (AVNW) 62.6%, Ericsson Lm Telephone (ERIC) 36.5%). Volatility measures how widely the price swings, not the risk of the business.

Do AVNW and ERIC move together?

Their daily returns over the past year have a correlation of 0.12, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, AVNW and ERIC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Ericsson Lm Telephone (ERIC) 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.