AMERICAN VANGUARD CORP (AVD) Stock Fundamental Analysis
USA - NYSE:AVD - US0303711081 - Common Stock
5.62 USD
+0.02 (+0.36%)
5.77 USD
+0.15 (+2.67%)
Overall AVD gets a fundamental rating of 3 out of 10. We evaluated AVD against 83 industry peers in the Chemicals industry. AVD may be in some trouble as it scores bad on both profitability and health. AVD has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
AVD had negative earnings in the past year.
AVD had a positive operating cash flow in the past year.
AVD had positive earnings in 4 of the past 5 years.
Of the past 5 years AVD 4 years had a positive operating cash flow.
1.2 Ratios
AVD has a Return On Assets of -19.25%. This is amonst the worse of the industry: AVD underperforms 84.34% of its industry peers.
AVD has a Return On Equity of -54.36%. This is amonst the worse of the industry: AVD underperforms 83.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -19.25% | ||
| ROE | -54.36% | ||
| ROIC | N/A |
ROA(3y)-5.03%
ROA(5y)-2.04%
ROE(3y)-14.92%
ROE(5y)-7.11%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
AVD's Gross Margin of 20.96% is on the low side compared to the rest of the industry. AVD is outperformed by 63.86% of its industry peers.
AVD's Gross Margin has declined in the last couple of years.
The Profit Margin and Operating Margin are not available for AVD so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 20.96% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-16.88%
GM growth 5Y-10.32%
2. Health
2.1 Basic Checks
AVD does not have a ROIC to compare to the WACC, probably because it is not profitable.
AVD has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, AVD has less shares outstanding
AVD has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.64, we must say that AVD is in the distress zone and has some risk of bankruptcy.
AVD has a worse Altman-Z score (1.64) than 61.45% of its industry peers.
AVD has a debt to FCF ratio of 10.40. This is a negative value and a sign of low solvency as AVD would need 10.40 years to pay back of all of its debts.
AVD has a Debt to FCF ratio of 10.40. This is in the better half of the industry: AVD outperforms 65.06% of its industry peers.
A Debt/Equity ratio of 0.82 indicates that AVD is somewhat dependend on debt financing.
The Debt to Equity ratio of AVD (0.82) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.82 | ||
| Debt/FCF | 10.4 | ||
| Altman-Z | 1.64 |
ROIC/WACCN/A
WACC10.16%
2.3 Liquidity
AVD has a Current Ratio of 1.91. This is a normal value and indicates that AVD is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of AVD (1.91) is comparable to the rest of the industry.
AVD has a Quick Ratio of 1.91. This is a bad value and indicates that AVD is not financially healthy enough and could expect problems in meeting its short term obligations.
AVD has a worse Quick ratio (1.00) than 68.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.91 | ||
| Quick Ratio | 1 |
3. Growth
3.1 Past
AVD shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -1976.92%.
AVD shows a decrease in Revenue. In the last year, the revenue decreased by -9.57%.
Measured over the past years, AVD shows a small growth in Revenue. The Revenue has been growing by 3.17% on average per year.
EPS 1Y (TTM)-1976.92%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%92.86%
Revenue 1Y (TTM)-9.57%
Revenue growth 3Y-0.58%
Revenue growth 5Y3.17%
Sales Q2Q%0.86%
3.2 Future
The Earnings Per Share is expected to grow by 46.31% on average over the next years. This is a very strong growth
Based on estimates for the next years, AVD will show a small growth in Revenue. The Revenue will grow by 0.27% on average per year.
EPS Next Y95.19%
EPS Next 2Y46.31%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-2.9%
Revenue Next 2Y0.27%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for AVD. In the last year negative earnings were reported.
Based on the Price/Forward Earnings ratio of 14.64, the valuation of AVD can be described as correct.
The rest of the industry has a similar Price/Forward Earnings ratio as AVD.
The average S&P500 Price/Forward Earnings ratio is at 22.73. AVD is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 14.64 |
4.2 Price Multiples
AVD's Price/Free Cash Flow ratio is rather cheap when compared to the industry. AVD is cheaper than 89.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.77 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
AVD's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as AVD's earnings are expected to grow with 46.31% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y46.31%
EPS Next 3YN/A
5. Dividend
5.1 Amount
AVD has a Yearly Dividend Yield of 1.27%.
Compared to an average industry Dividend Yield of 3.43, AVD has a dividend in line with its industry peers.
With a Dividend Yield of 1.27, AVD pays less dividend than the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.27% |
5.2 History
The dividend of AVD has a limited annual growth rate of 2.42%.
AVD has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)2.42%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
The earnings of AVD are negative and hence is the payout ratio. AVD will probably not be able to sustain this dividend level.
AVD's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-0.67%
EPS Next 2Y46.31%
EPS Next 3YN/A
5.62
+0.02 (+0.36%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners72.35%
Inst Owner Change-3.38%
Ins Owners8.41%
Ins Owner Change3.8%
Market Cap159.78M
Analysts80
Price Target12.24 (117.79%)
Short Float %2.87%
Short Ratio2.91
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.27% |
Yearly Dividend0.09
Dividend Growth(5Y)2.42%
DP-0.67%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-125.66%
Min EPS beat(2)-324.33%
Max EPS beat(2)73%
EPS beat(4)1
Avg EPS beat(4)-482%
Min EPS beat(4)-858.83%
Max EPS beat(4)73%
EPS beat(8)1
Avg EPS beat(8)-365.6%
EPS beat(12)2
Avg EPS beat(12)-253.93%
EPS beat(16)5
Avg EPS beat(16)-186.05%
Revenue beat(2)1
Avg Revenue beat(2)-3.65%
Min Revenue beat(2)-9.72%
Max Revenue beat(2)2.43%
Revenue beat(4)1
Avg Revenue beat(4)-6.67%
Min Revenue beat(4)-15.85%
Max Revenue beat(4)2.43%
Revenue beat(8)1
Avg Revenue beat(8)-5.1%
Revenue beat(12)1
Avg Revenue beat(12)-7.47%
Revenue beat(16)4
Avg Revenue beat(16)-3.93%
PT rev (1m)0%
PT rev (3m)-14.29%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-60%
EPS NY rev (1m)-85.71%
EPS NY rev (3m)-161.9%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.54%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-6.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 14.64 | ||
| P/S | 0.3 | ||
| P/FCF | 8.77 | ||
| P/OCF | 7.78 | ||
| P/B | 0.69 | ||
| P/tB | 2.5 | ||
| EV/EBITDA | N/A |
EPS(TTM)-2.7
EYN/A
EPS(NY)0.38
Fwd EY6.83%
FCF(TTM)0.64
FCFY11.4%
OCF(TTM)0.72
OCFY12.85%
SpS18.61
BVpS8.12
TBVpS2.25
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -19.25% | ||
| ROE | -54.36% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 20.96% | ||
| FCFM | 3.44% |
ROA(3y)-5.03%
ROA(5y)-2.04%
ROE(3y)-14.92%
ROE(5y)-7.11%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-16.88%
GM growth 5Y-10.32%
F-Score3
Asset Turnover0.81
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.82 | ||
| Debt/FCF | 10.4 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 11.13% | ||
| Cap/Sales | 0.44% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.91 | ||
| Quick Ratio | 1 | ||
| Altman-Z | 1.64 |
F-Score3
WACC10.16%
ROIC/WACCN/A
Cap/Depr(3y)51.85%
Cap/Depr(5y)55.48%
Cap/Sales(3y)1.96%
Cap/Sales(5y)2.2%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-1976.92%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%92.86%
EPS Next Y95.19%
EPS Next 2Y46.31%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-9.57%
Revenue growth 3Y-0.58%
Revenue growth 5Y3.17%
Sales Q2Q%0.86%
Revenue Next Year-2.9%
Revenue Next 2Y0.27%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-247.52%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year300.29%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y166.65%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y267.53%
OCF growth 3Y-64.32%
OCF growth 5Y-16.03%