Aviat Networks, Inc.
AVNWTechnologyNASDAQCommunication Equipment
Scan Results
Daily timeframeAviat Networks, Inc. provides microwave networking and wireless access networking solutions in North America, Africa, the Middle East, Europe, Latin America, and the Asia Pacific. The $268.9M market capitalization puts AVNW squarely in micro-cap range for its industry. The company offers outdoor, indoor, and split-mount radios; microwave routers, and trunking; private LTE/5G, virtual fiber, and network management products; narrow band multi-point radios, designed, and optimised for SCADA and telemetry applications; and hosted software products, such as aviat design, frequency assurance, aviatcloud, and health assurance software.
Market Cap
$268.9M
Beta
0.70
P/E (TTM)
30.12
P/E (Fwd)
7.35
EPS (TTM)
$0.69
EPS (Fwd)
$2.83
ROE
3.4%
ROA
2.5%
Cash
$78.1M
Total Debt
$106.7M
Free CF
-$8.1M
52W Change
-12.1%
Annual Financials
Cash vs Debt
Aviat Networks, Inc. carries $106.7M in total debt against $78.1M in cash reserves — debt is modestly above the cash position. Managing this leverage effectively will be important for long-term financial stability. Free cash flow is running at -$8.1M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of 3.4% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 2.5% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $303.0M (2022) to $434.6M (2025), reflecting a 43% increase over the period.
Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Aviat Networks, Inc. and its sector.