DOX vs DGII vs AVNW Stock Comparison

Amdocs, Digi International and Aviat Networks Prices as of Oct 29, 2026 Peers: Industry group
DOX Amdocs Ltd
$62.22 +8.0% 1M -26.1% 1Y
Market cap
$6.75B
P/E
15.1x
Revenue (TTM)
$4.65B
Div. yield
3.60%
Networking Equipment Technology
6 wins
DGII Digi International Inc
$77.63 +1.5% 1M +103.5% 1Y
Market cap
$2.95B
P/E
60.2x
Revenue (TTM)
$506.21M
Div. yield
–
Networking Equipment Technology
5 wins
AVNW Aviat Networks, Inc.
$20.71 +5.6% 1M -16.0% 1Y
Market cap
$265.09M
P/E
104.8x
Revenue (TTM)
$439.68M
Div. yield
–
Networking Equipment Technology

Head to Head

11 decided of 12

Amdocs leads on 6 of the 12 questions below (Amdocs 6, Digi International 5). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDOXDGIIAVNWLeader
Larger companyMarket capitalisation $6.75B $2.95B $265.09M DOX
Cheaper on earningsLower P/E, profitable companies only 15.1x 60.2x 104.8x DOX
Cheaper on forward earningsLower price / next fiscal year consensus EPS 7.9x 27.9x 8.0x DOX
Faster revenue growthRevenue growth, trailing twelve months +0.1% +20.3% +1.2% DGII
More profitableNet margin, trailing twelve months 9.8% 9.6% 0.6% DOX
Better return on capitalReturn on invested capital — 6.9% 1.0% DGII
Less leveragedLower net debt / EBITDA 0.9x 0.7x 1.0x DGII
Higher dividend yieldTrailing dividend yield 3.60% — — –
Better 1-year returnPrice return, last 12 months -26.1% +103.5% -16.0% DGII
Better 5-year returnAnnualised price return, 5 years -4.4%/yr +29.2%/yr -6.3%/yr DGII
Less volatileAnnualised volatility, 1 year 29.8% 40.8% 62.6% DOX
Higher overall scoreMean of the five percentile scores vs peers 64/100 59/100 55/100 DOX

Percentile Scorecard

DOXDGIIAVNW

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

AxisDOXDGIIAVNW
Valuation 90 #12 of 112 42 #65 of 112 83 #20 of 112
Growth 14 #93 of 108 70 #33 of 108 68 #35 of 108
Profitability 83 #19 of 104 82 #20 of 104 44 #59 of 104
Financial Health 37 #74 of 116 48 #61 of 116 30 #82 of 116
Shareholder Returns 95 #5 of 78 53 #37 of 78 48 #41 of 78
Overall 64 59 55
  • DOX ranked among 121 companies in Computer Hardware
  • DGII ranked among 121 companies in Computer Hardware
  • AVNW ranked among 121 companies in Computer Hardware

Price Performance

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

Returns

PeriodDOXDGIIAVNWSPY
1 month +8.0%+1.5%+5.6% +0.7%
3 months +12.6%+13.8%-1.1% +3.7%
6 months -3.8%+38.5%-9.7% +7.1%
Year to date -22.7%+79.3%-3.1% +12.8%
1 year -26.1%+103.5%-16.0% +11.9%
3 years -21.2%+206.2%-20.9% +85.2%
3 years, per year -7.7%+45.3%-7.5% +22.8%
5 years -20.1%+260.2%-27.6% +67.6%
5 years, per year -4.4%+29.2%-6.3% +10.9%
10 years +6.3%+700.3%+387.3% +262.0%
10 years, per year +0.6%+23.1%+17.2% +13.7%

Risk

MeasureDOXDGIIAVNWSPY
Volatility, 1Y 29.8%40.8%62.6% 12.7%
Downside volatility, 1Y 32.6%38.6%78.1% 12.6%
Beta vs S&P 500, 1Y 0.251.431.65 1.00
Return / volatility, 1Y -0.872.54-0.26 0.94
Max drawdown, 5Y -49.5%-48.6%-65.1% -25.4%
From 52-week high -27.2%-8.9%-22.6% -1.2%
52-week high $85.49$85.24$26.74 $779.14
52-week low $49.87$35.40$15.09 $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.

MultipleDOXDGIIAVNW
P/E now vs peer median 15.1xmedian 32.9x 60.2xmedian 32.9x 104.8xmedian 32.9x
P/S now vs peer median 1.5xmedian 2.9x 5.8xmedian 2.9x 0.6xmedian 2.9x
EV/EBITDA now vs peer median 9.0xmedian 20.0x 26.8xmedian 20.0x 11.4xmedian 20.0x
P/FCF now vs peer median 7.9xmedian 30.2x 21.7xmedian 30.2x 43.5xmedian 30.2x
P/B now vs peer median 2.0xmedian 2.9x 4.3xmedian 2.9x 1.0xmedian 2.9x
PEG now vs peer median -4.14median 1.08 3.79median 1.08 -2.69median 1.08

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 monthsDOXDGIIAVNW
Revenue $4.65B $506.21M $439.68M
Gross profit $1.78B $323.07M $138.29M
Operating income $626.70M $70.58M $19.24M
Net income $457.53M $48.74M $2.54M
Free cash flow $858.80M $135.98M $6.09M
R&D $343.21M $73.84M $28.40M
EPS (diluted) $4.17 $1.25 $0.19
Cash & equivalents $206.45M $27.97M $72.84M
Total debt $3.25B $108.13M $97.00M
Shares (diluted) 109.66M 38.92M 13.03M
Enterprise value $5.79B $2.83B -$37.18M

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
MetricDOXDGIIAVNW
P/E 15.1x 60.2x 104.8x
P/FCF 7.9x 21.7x 43.5x
P/Operating cash flow 9.0x 21.3x 19.6x
P/S 1.5x 5.8x 0.6x
P/B 2.0x 4.3x 1.0x
P/Tangible book 2.2x 9.2x 1.1x
EV/EBITDA 9.0x 26.8x 11.4x
EV/EBIT 11.9x 42.9x 15.0x
EV/Revenue 1.6x 6.0x 0.7x
EV/FCF 8.7x 22.3x 47.5x
EV/Operating cash flow 10.0x 21.9x 21.3x
PEG (3Y EPS CAGR) -4.14 3.79 -2.69

Growth

14 metrics
MetricDOXDGIIAVNW
Revenue growth (1Y) 0.1% 20.3% 1.2%
Revenue CAGR (3Y) -1.1% 4.9% 8.5%
Gross profit growth (1Y) 2.9% 23.4% -0.8%
Gross profit CAGR (3Y) 1.5% 9.3% 4.2%
Operating income growth (1Y) -11.9% 24.0% 81.9%
Operating income CAGR (3Y) -3.0% 9.7% -7.9%
Net income growth (1Y) -18.0% 14.2% 89.3%
Net income CAGR (3Y) -7.0% 18.0% -37.0%
EPS growth (1Y) -14.5% 10.5% 86.4%
EPS CAGR (3Y) -3.7% 15.9% -39.0%
Operating cash flow growth (1Y) 1.6% 30.1% 137.0%
Operating cash flow CAGR (3Y) -0.8% 59.2% 117.2%
Free cash flow growth (1Y) 2.8% 31.6% 184.0%
Free cash flow CAGR (3Y) -3.2% 60.8% 42.2%

Profitability

14 metrics
MetricDOXDGIIAVNW
Gross margin 38.3% 63.8% 31.5%
EBITDA margin 17.9% 22.3% 5.8%
Operating margin 13.5% 13.9% 4.4%
Pretax margin 12.5% 12.4% 3.0%
Net margin 9.8% 9.6% 0.6%
FCF margin 18.5% 26.9% 1.4%
Operating cash flow margin 16.1% 27.3% 3.1%
Return on equity – 7.2% 0.9%
Return on assets 7.2% 5.0% 0.4%
Return on invested capital – 6.9% 1.0%
Return on capital employed 13.4% 8.4% 5.0%
Asset turnover 0.7x 0.5x 0.7x
Cash conversion (OCF / net income) 1.6x 2.8x 5.3x
Stock comp / revenue 2.4% 3.4% 1.4%

Financial Health

11 metrics
MetricDOXDGIIAVNW
Debt / assets 14.5% 11.2% 16.2%
Debt / equity 0.3x 0.2x 0.4x
Net debt / EBITDA 0.9x 0.7x 1.0x
Debt / FCF 1.1x 0.8x 15.9x
Liabilities / assets 48.1% 29.0% 55.4%
Equity / assets 51.9% 71.0% 44.6%
Interest coverage – 8.9x –
Current ratio 0.9x 1.1x 2.0x
Quick ratio 1.0x 0.7x 1.6x
Cash ratio 0.1x 0.2x 0.3x
Altman Z-score 3.94 7.59 0.41

Shareholder Returns

7 metrics
MetricDOXDGIIAVNW
Dividend yield 3.6% – –
Net buyback yield 7.8% 0.0% 0.0%
Shareholder yield 11.4% 0.0% 0.0%
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.

ConsensusDOXDGIIAVNW
Forward P/E 7.9xFY2026 27.9xFY2026 8.0xFY2027
EPS, next fiscal year $7.92FY2026 $2.78FY2026 $2.60FY2027
EPS growth, next FY +13.3%FY2026 +32.4%FY2026 +56.6%FY2027
EPS growth, the year after +4.0% +9.4% +21.9%
Revenue, next fiscal year $4.46BFY2026 $519.66MFY2026 $436.13MFY2027
Revenue growth, next FY -1.6%FY2026 +20.8%FY2026 -0.8%FY2027
Revenue growth, the year after +5.0% +3.8% +8.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDOXDGIIAVNW
Held by institutions 93.0% 100.0% 81.1%
Institutions holding 447 284 123
Change in shares held, QoQ +0.5% +1.6% +2.4%
Institutions buying 250 143 68
Institutions selling 152 105 35
Buyers to sellers 1.64 1.36 1.94

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.

DOXDGIIAVNW
DOX 1.00 -0.03 -0.04
DGII -0.03 1.00 0.27
AVNW -0.04 0.27 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, DOX, DGII and AVNW?

Amdocs (DOX) is the largest by market capitalisation: Amdocs (DOX) $6.75B, Digi International (DGII) $2.95B, Aviat Networks (AVNW) $265.09M.

Which stock is cheaper, DOX, DGII and AVNW?

Amdocs (DOX) trades on the lowest price-to-earnings ratio (Amdocs (DOX) 15.1x, Digi International (DGII) 60.2x, Aviat Networks (AVNW) 104.8x). On next year's consensus earnings, Amdocs (DOX) is cheapest (Amdocs (DOX) 7.9x, Digi International (DGII) 27.9x, Aviat Networks (AVNW) 8.0x). 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: Amdocs (DOX) +0.1%, Digi International (DGII) +20.3%, Aviat Networks (AVNW) +1.2%.

Which company is more profitable?

Amdocs (DOX) has the highest net margin (Amdocs (DOX) 9.8%, Digi International (DGII) 9.6%, Aviat Networks (AVNW) 0.6%). On return on invested capital, Digi International (DGII) leads (Digi International (DGII) 6.9%, Aviat Networks (AVNW) 1.0%).

Which stock has performed better?

Over the past year Digi International (DGII) returned the most: Amdocs (DOX) -26.1%, Digi International (DGII) +103.5%, Aviat Networks (AVNW) -16.0%. Over five years, Digi International (DGII) compounded fastest (Amdocs (DOX) -4.4%/yr, Digi International (DGII) +29.2%/yr, Aviat Networks (AVNW) -6.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Amdocs (DOX) 3.60%. Digi International (DGII) and Aviat Networks (AVNW) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Amdocs (DOX) has been the steadiest (Amdocs (DOX) 29.8%, Digi International (DGII) 40.8%, Aviat Networks (AVNW) 62.6%). Volatility measures how widely the price swings, not the risk of the business.

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

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Amdocs (DOX) leads on 6. 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.