AVISTA CORP (AVA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AVA - US05379B1070 - Common Stock
41.38 USD
-0.07 (-0.17%)
41.38 USD
0 (0%)
Overall AVA gets a fundamental rating of 3 out of 10. We evaluated AVA against 26 industry peers in the Multi-Utilities industry. AVA has a bad profitability rating. Also its financial health evaluation is rather negative. AVA is valued expensive and it does not seem to be growing. AVA also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year AVA was profitable.
In the past year AVA had a positive cash flow from operations.
Each year in the past 5 years AVA has been profitable.
Each year in the past 5 years AVA had a positive operating cash flow.
1.2 Ratios
AVA's Return On Assets of 2.32% is on the low side compared to the rest of the industry. AVA is outperformed by 69.23% of its industry peers.
AVA's Return On Equity of 7.15% is on the low side compared to the rest of the industry. AVA is outperformed by 76.92% of its industry peers.
The Return On Invested Capital of AVA (3.52%) is worse than 80.77% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AVA is in line with the industry average of 3.96%.
The last Return On Invested Capital (3.52%) for AVA is above the 3 year average (2.73%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.32% | ||
| ROE | 7.15% | ||
| ROIC | 3.52% |
ROA(3y)2.19%
ROA(5y)2.15%
ROE(3y)6.83%
ROE(5y)6.74%
ROIC(3y)2.73%
ROIC(5y)2.82%
1.3 Margins
Looking at the Profit Margin, with a value of 9.63%, AVA is doing worse than 61.54% of the companies in the same industry.
AVA's Profit Margin has declined in the last couple of years.
AVA's Operating Margin of 17.51% is on the low side compared to the rest of the industry. AVA is outperformed by 76.92% of its industry peers.
AVA's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.51% | ||
| PM (TTM) | 9.63% | ||
| GM | N/A |
OM growth 3Y-0.15%
OM growth 5Y-1.58%
PM growth 3Y-3.19%
PM growth 5Y-8.7%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
AVA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for AVA has been increased compared to 1 year ago.
The number of shares outstanding for AVA has been increased compared to 5 years ago.
The debt/assets ratio for AVA has been reduced compared to a year ago.
2.2 Solvency
AVA has an Altman-Z score of 0.89. This is a bad value and indicates that AVA is not financially healthy and even has some risk of bankruptcy.
AVA has a Altman-Z score (0.89) which is in line with its industry peers.
AVA has a Debt/Equity ratio of 1.18. This is a high value indicating a heavy dependency on external financing.
AVA's Debt to Equity ratio of 1.18 is fine compared to the rest of the industry. AVA outperforms 76.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.89 |
ROIC/WACC0.56
WACC6.31%
2.3 Liquidity
AVA has a Current Ratio of 0.91. This is a bad value and indicates that AVA is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.91, AVA perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
A Quick Ratio of 0.60 indicates that AVA may have some problems paying its short term obligations.
AVA has a worse Quick ratio (0.60) than 80.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.6 |
3. Growth
3.1 Past
The earnings per share for AVA have decreased by -6.72% in the last year.
The Earnings Per Share has been growing slightly by 2.97% on average over the past years.
AVA shows a small growth in Revenue. In the last year, the Revenue has grown by 2.14%.
AVA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.57% yearly.
EPS 1Y (TTM)-6.72%
EPS 3Y2.94%
EPS 5Y2.97%
EPS Q2Q%56.52%
Revenue 1Y (TTM)2.14%
Revenue growth 3Y10.44%
Revenue growth 5Y7.57%
Sales Q2Q%2.35%
3.2 Future
Based on estimates for the next years, AVA will show a small growth in Earnings Per Share. The EPS will grow by 7.23% on average per year.
Based on estimates for the next years, AVA will show a small growth in Revenue. The Revenue will grow by 4.37% on average per year.
EPS Next Y10.3%
EPS Next 2Y10.19%
EPS Next 3Y8.42%
EPS Next 5Y7.23%
Revenue Next Year5.74%
Revenue Next 2Y3.43%
Revenue Next 3Y2.84%
Revenue Next 5Y4.37%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
AVA is valuated rather expensively with a Price/Earnings ratio of 17.53.
Compared to the rest of the industry, the Price/Earnings ratio of AVA is on the same level as its industry peers.
AVA's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.31.
The Price/Forward Earnings ratio is 14.95, which indicates a correct valuation of AVA.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AVA indicates a somewhat cheap valuation: AVA is cheaper than 65.38% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of AVA to the average of the S&P500 Index (36.59), we can say AVA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.53 | ||
| Fwd PE | 14.95 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AVA indicates a somewhat cheap valuation: AVA is cheaper than 61.54% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.77 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.7
PEG (5Y)5.91
EPS Next 2Y10.19%
EPS Next 3Y8.42%
5. Dividend
5.1 Amount
AVA has a Yearly Dividend Yield of 4.73%, which is a nice return.
AVA's Dividend Yield is rather good when compared to the industry average which is at 3.38. AVA pays more dividend than 96.15% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, AVA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.73% |
5.2 History
The dividend of AVA has a limited annual growth rate of 4.18%.
AVA has paid a dividend for at least 10 years, which is a reliable track record.
AVA has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.18%
Div Incr Years22
Div Non Decr Years25
5.3 Sustainability
AVA pays out 82.75% of its income as dividend. This is not a sustainable payout ratio.
AVA's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP82.75%
EPS Next 2Y10.19%
EPS Next 3Y8.42%
41.38
-0.07 (-0.17%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners89.89%
Inst Owner Change-0.68%
Ins Owners0.59%
Ins Owner Change0.08%
Market Cap3.37B
Revenue(TTM)1.96B
Net Income(TTM)189.16M
Analysts52.31
Price Target42.02 (1.55%)
Short Float %3.76%
Short Ratio5.06
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.73% |
Yearly Dividend1.9
Dividend Growth(5Y)4.18%
DP82.75%
Div Incr Years22
Div Non Decr Years25
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-9.78%
Min EPS beat(2)-44.54%
Max EPS beat(2)24.98%
EPS beat(4)1
Avg EPS beat(4)-6.82%
Min EPS beat(4)-44.54%
Max EPS beat(4)24.98%
EPS beat(8)3
Avg EPS beat(8)8.16%
EPS beat(12)6
Avg EPS beat(12)10.54%
EPS beat(16)8
Avg EPS beat(16)-1.7%
Revenue beat(2)0
Avg Revenue beat(2)-2.79%
Min Revenue beat(2)-4.5%
Max Revenue beat(2)-1.09%
Revenue beat(4)1
Avg Revenue beat(4)0.21%
Min Revenue beat(4)-4.5%
Max Revenue beat(4)9.75%
Revenue beat(8)4
Avg Revenue beat(8)3.29%
Revenue beat(12)7
Avg Revenue beat(12)5.57%
Revenue beat(16)10
Avg Revenue beat(16)6.75%
PT rev (1m)0.49%
PT rev (3m)0.49%
EPS NQ rev (1m)2.81%
EPS NQ rev (3m)8.01%
EPS NY rev (1m)-0.41%
EPS NY rev (3m)-1.39%
Revenue NQ rev (1m)-0.1%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-1.58%
Revenue NY rev (3m)-1.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.53 | ||
| Fwd PE | 14.95 | ||
| P/S | 1.71 | ||
| P/FCF | N/A | ||
| P/OCF | 6.94 | ||
| P/B | 1.27 | ||
| P/tB | 1.29 | ||
| EV/EBITDA | 9.77 |
EPS(TTM)2.36
EY5.7%
EPS(NY)2.77
Fwd EY6.69%
FCF(TTM)-0.28
FCFYN/A
OCF(TTM)5.96
OCFY14.41%
SpS24.21
BVpS32.61
TBVpS31.97
PEG (NY)1.7
PEG (5Y)5.91
Graham Number41.61
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.32% | ||
| ROE | 7.15% | ||
| ROCE | 4.63% | ||
| ROIC | 3.52% | ||
| ROICexc | 3.54% | ||
| ROICexgc | 3.56% | ||
| OM | 17.51% | ||
| PM (TTM) | 9.63% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)2.19%
ROA(5y)2.15%
ROE(3y)6.83%
ROE(5y)6.74%
ROIC(3y)2.73%
ROIC(5y)2.82%
ROICexc(3y)2.74%
ROICexc(5y)2.83%
ROICexgc(3y)2.76%
ROICexgc(5y)2.85%
ROCE(3y)3.65%
ROCE(5y)3.74%
ROICexgc growth 3Y3.49%
ROICexgc growth 5Y0.28%
ROICexc growth 3Y3.54%
ROICexc growth 5Y0.32%
OM growth 3Y-0.15%
OM growth 5Y-1.58%
PM growth 3Y-3.19%
PM growth 5Y-8.7%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.18 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.96 | ||
| Cap/Depr | 176.91% | ||
| Cap/Sales | 25.8% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 76.77% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.6 | ||
| Altman-Z | 0.89 |
F-Score4
WACC6.31%
ROIC/WACC0.56
Cap/Depr(3y)187%
Cap/Depr(5y)186.15%
Cap/Sales(3y)27.47%
Cap/Sales(5y)28.71%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-6.72%
EPS 3Y2.94%
EPS 5Y2.97%
EPS Q2Q%56.52%
EPS Next Y10.3%
EPS Next 2Y10.19%
EPS Next 3Y8.42%
EPS Next 5Y7.23%
Revenue 1Y (TTM)2.14%
Revenue growth 3Y10.44%
Revenue growth 5Y7.57%
Sales Q2Q%2.35%
Revenue Next Year5.74%
Revenue Next 2Y3.43%
Revenue Next 3Y2.84%
Revenue Next 5Y4.37%
EBIT growth 1Y13.36%
EBIT growth 3Y10.27%
EBIT growth 5Y5.87%
EBIT Next Year97.09%
EBIT Next 3Y31.85%
EBIT Next 5YN/A
FCF growth 1Y86.83%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y57.54%
OCF growth 3Y25.95%
OCF growth 5Y6.04%
AVISTA CORP / AVA FAQ
Can you provide the ChartMill fundamental rating for AVISTA CORP?
ChartMill assigns a fundamental rating of 3 / 10 to AVA.
What is the valuation status for AVA stock?
ChartMill assigns a valuation rating of 3 / 10 to AVISTA CORP (AVA). This can be considered as Overvalued.
How profitable is AVISTA CORP (AVA) stock?
AVISTA CORP (AVA) has a profitability rating of 3 / 10.
What are the PE and PB ratios of AVISTA CORP (AVA) stock?
The Price/Earnings (PE) ratio for AVISTA CORP (AVA) is 17.53 and the Price/Book (PB) ratio is 1.27.
What is the financial health of AVISTA CORP (AVA) stock?
The financial health rating of AVISTA CORP (AVA) is 1 / 10.