12.59 USD
+0.33 (+2.69%)
12.34 USD
-0.25 (-1.99%)
We assign a fundamental rating of 4 out of 10 to AVO. AVO was compared to 86 industry peers in the Food Products industry. AVO has only an average score on both its financial health and profitability. AVO is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year AVO was profitable.
AVO had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: AVO reported negative net income in multiple years.
Each year in the past 5 years AVO had a positive operating cash flow.
1.2 Ratios
The Return On Assets of AVO (3.89%) is better than 63.95% of its industry peers.
Looking at the Return On Equity, with a value of 6.86%, AVO is in the better half of the industry, outperforming 62.79% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 5.28%, AVO is in the better half of the industry, outperforming 61.63% of the companies in the same industry.
AVO had an Average Return On Invested Capital over the past 3 years of 2.39%. This is significantly below the industry average of 28.69%.
The last Return On Invested Capital (5.28%) for AVO is above the 3 year average (2.39%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.89% | ||
| ROE | 6.86% | ||
| ROIC | 5.28% |
ROA(3y)-0.15%
ROA(5y)1.68%
ROE(3y)-0.25%
ROE(5y)2.75%
ROIC(3y)2.39%
ROIC(5y)3.88%
1.3 Margins
With a decent Profit Margin value of 2.73%, AVO is doing good in the industry, outperforming 61.63% of the companies in the same industry.
In the last couple of years the Profit Margin of AVO has declined.
Looking at the Operating Margin, with a value of 4.63%, AVO is in line with its industry, outperforming 59.30% of the companies in the same industry.
AVO's Operating Margin has declined in the last couple of years.
AVO has a Gross Margin of 11.29%. This is in the lower half of the industry: AVO underperforms 63.95% of its industry peers.
In the last couple of years the Gross Margin of AVO has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.63% | ||
| PM (TTM) | 2.73% | ||
| GM | 11.29% |
OM growth 3Y-8.38%
OM growth 5Y-15.09%
PM growth 3Y-16.11%
PM growth 5Y-18.2%
GM growth 3Y-4%
GM growth 5Y-6.75%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AVO is destroying value.
Compared to 1 year ago, AVO has more shares outstanding
AVO has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, AVO has an improved debt to assets ratio.
2.2 Solvency
AVO has an Altman-Z score of 3.50. This indicates that AVO is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of AVO (3.50) is better than 75.58% of its industry peers.
The Debt to FCF ratio of AVO is 12.57, which is on the high side as it means it would take AVO, 12.57 years of fcf income to pay off all of its debts.
AVO's Debt to FCF ratio of 12.57 is in line compared to the rest of the industry. AVO outperforms 59.30% of its industry peers.
A Debt/Equity ratio of 0.27 indicates that AVO is not too dependend on debt financing.
AVO has a Debt to Equity ratio of 0.27. This is in the better half of the industry: AVO outperforms 60.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 12.57 | ||
| Altman-Z | 3.5 |
ROIC/WACC0.64
WACC8.24%
2.3 Liquidity
A Current Ratio of 2.04 indicates that AVO has no problem at all paying its short term obligations.
AVO has a Current ratio of 2.04. This is in the better half of the industry: AVO outperforms 65.12% of its industry peers.
A Quick Ratio of 1.30 indicates that AVO should not have too much problems paying its short term obligations.
The Quick ratio of AVO (1.30) is better than 70.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.04 | ||
| Quick Ratio | 1.3 |
3. Growth
3.1 Past
AVO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 33.33%, which is quite impressive.
Measured over the past years, AVO shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -12.88% on average per year.
The Revenue has grown by 25.34% in the past year. This is a very strong growth!
The Revenue has been growing slightly by 6.93% on average over the past years.
EPS 1Y (TTM)33.33%
EPS 3Y0%
EPS 5Y-12.88%
EPS Q2Q%13.04%
Revenue 1Y (TTM)25.34%
Revenue growth 3Y11.46%
Revenue growth 5Y6.93%
Sales Q2Q%10.4%
3.2 Future
The Earnings Per Share is expected to grow by 0.16% on average over the next years.
The Revenue is expected to grow by 10.43% on average over the next years. This is quite good.
EPS Next Y-3.78%
EPS Next 2Y0.16%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year24.28%
Revenue Next 2Y10.43%
Revenue Next 3YN/A
Revenue Next 5YN/A
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 16.57, the valuation of AVO can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of AVO indicates a somewhat cheap valuation: AVO is cheaper than 62.79% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.76, AVO is valued a bit cheaper.
The Price/Forward Earnings ratio is 16.96, which indicates a correct valuation of AVO.
65.12% of the companies in the same industry are more expensive than AVO, based on the Price/Forward Earnings ratio.
AVO is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.96, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.57 | ||
| Fwd PE | 16.96 |
4.2 Price Multiples
AVO's Enterprise Value to EBITDA is on the same level as the industry average.
AVO's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 70.01 | ||
| EV/EBITDA | 9.99 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y0.16%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for AVO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
12.59
+0.33 (+2.69%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners33.32%
Inst Owner Change-2.72%
Ins Owners20.77%
Ins Owner Change1.44%
Market Cap889.11M
Revenue(TTM)1.43B
Net Income(TTM)39.00M
Analysts82.86
Price Target17.68 (40.43%)
Short Float %4.37%
Short Ratio5.81
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)96.78%
Min EPS beat(2)77.54%
Max EPS beat(2)116.02%
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)18.89%
Min Revenue beat(2)10.59%
Max Revenue beat(2)27.19%
Revenue beat(4)4
Avg Revenue beat(4)28.22%
Min Revenue beat(4)10.59%
Max Revenue beat(4)59.21%
Revenue beat(8)7
Avg Revenue beat(8)24.87%
Revenue beat(12)10
Avg Revenue beat(12)16.85%
Revenue beat(16)11
Avg Revenue beat(16)12.2%
PT rev (1m)0%
PT rev (3m)1.96%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)16.53%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.32%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.83%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.57 | ||
| Fwd PE | 16.96 | ||
| P/S | 0.62 | ||
| P/FCF | 70.01 | ||
| P/OCF | 14.97 | ||
| P/B | 1.56 | ||
| P/tB | 1.68 | ||
| EV/EBITDA | 9.99 |
EPS(TTM)0.76
EY6.04%
EPS(NY)0.74
Fwd EY5.9%
FCF(TTM)0.18
FCFY1.43%
OCF(TTM)0.84
OCFY6.68%
SpS20.2
BVpS8.05
TBVpS7.5
PEG (NY)N/A
PEG (5Y)N/A
Graham Number11.73
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.89% | ||
| ROE | 6.86% | ||
| ROCE | 7.65% | ||
| ROIC | 5.28% | ||
| ROICexc | 5.56% | ||
| ROICexgc | 5.84% | ||
| OM | 4.63% | ||
| PM (TTM) | 2.73% | ||
| GM | 11.29% | ||
| FCFM | 0.89% |
ROA(3y)-0.15%
ROA(5y)1.68%
ROE(3y)-0.25%
ROE(5y)2.75%
ROIC(3y)2.39%
ROIC(5y)3.88%
ROICexc(3y)2.57%
ROICexc(5y)4.41%
ROICexgc(3y)2.71%
ROICexgc(5y)4.89%
ROCE(3y)3.47%
ROCE(5y)5.61%
ROICexgc growth 3Y-3.05%
ROICexgc growth 5Y-16.85%
ROICexc growth 3Y-1%
ROICexc growth 5Y-15.2%
OM growth 3Y-8.38%
OM growth 5Y-15.09%
PM growth 3Y-16.11%
PM growth 5Y-18.2%
GM growth 3Y-4%
GM growth 5Y-6.75%
F-Score9
Asset Turnover1.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 12.57 | ||
| Debt/EBITDA | 1.54 | ||
| Cap/Depr | 136.15% | ||
| Cap/Sales | 3.27% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 59.22% | ||
| Profit Quality | 32.56% | ||
| Current Ratio | 2.04 | ||
| Quick Ratio | 1.3 | ||
| Altman-Z | 3.5 |
F-Score9
WACC8.24%
ROIC/WACC0.64
Cap/Depr(3y)161.34%
Cap/Depr(5y)243.13%
Cap/Sales(3y)4.56%
Cap/Sales(5y)5.94%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)33.33%
EPS 3Y0%
EPS 5Y-12.88%
EPS Q2Q%13.04%
EPS Next Y-3.78%
EPS Next 2Y0.16%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)25.34%
Revenue growth 3Y11.46%
Revenue growth 5Y6.93%
Sales Q2Q%10.4%
Revenue Next Year24.28%
Revenue Next 2Y10.43%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y48.98%
EBIT growth 3Y2.12%
EBIT growth 5Y-9.21%
EBIT Next Year197.98%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y135.98%
FCF growth 3YN/A
FCF growth 5Y-0.55%
OCF growth 1Y92.23%
OCF growth 3Y25.72%
OCF growth 5Y0.17%
MISSION PRODUCE INC / AVO FAQ
Can you provide the ChartMill fundamental rating for MISSION PRODUCE INC?
ChartMill assigns a fundamental rating of 4 / 10 to AVO.
What is the valuation status for AVO stock?
ChartMill assigns a valuation rating of 4 / 10 to MISSION PRODUCE INC (AVO). This can be considered as Fairly Valued.
Can you provide the profitability details for MISSION PRODUCE INC?
MISSION PRODUCE INC (AVO) has a profitability rating of 4 / 10.
Can you provide the PE and PB ratios for AVO stock?
The Price/Earnings (PE) ratio for MISSION PRODUCE INC (AVO) is 16.57 and the Price/Book (PB) ratio is 1.56.