MISSION PRODUCE INC (AVO) Stock Fundamental Analysis
NASDAQ:AVO - Nasdaq - US60510V1089 - Common Stock - Currency: USD
Overall AVO gets a fundamental rating of 4 out of 10. We evaluated AVO against 89 industry peers in the Food Products industry. Both the profitability and the financial health of AVO get a neutral evaluation. Nothing too spectacular is happening here. AVO has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
AVO had positive earnings in the past year.
AVO had a positive operating cash flow in the past year.
In multiple years AVO reported negative net income over the last 5 years.
Each year in the past 5 years AVO had a positive operating cash flow.
1.2 Ratios
AVO's Return On Assets of 4.07% is fine compared to the rest of the industry. AVO outperforms 61.80% of its industry peers.
AVO has a Return On Equity (7.37%) which is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 5.64%, AVO is in line with its industry, outperforming 56.18% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for AVO is significantly below the industry average of 8.94%.
The 3 year average ROIC (2.39%) for AVO is below the current ROIC(5.64%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.07% | ||
| ROE | 7.37% | ||
| ROIC | 5.64% |
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 Profit Margin value of 3.10%, AVO perfoms like the industry average, outperforming 56.18% of the companies in the same industry.
In the last couple of years the Profit Margin of AVO has declined.
With a decent Operating Margin value of 5.15%, AVO is doing good in the industry, outperforming 60.67% of the companies in the same industry.
AVO's Operating Margin has declined in the last couple of years.
AVO's Gross Margin of 11.89% is on the low side compared to the rest of the industry. AVO is outperformed by 65.17% of its industry peers.
AVO's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.15% | ||
| PM (TTM) | 3.1% | ||
| GM | 11.89% |
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.
The number of shares outstanding for AVO has been increased compared to 1 year ago.
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
An Altman-Z score of 3.10 indicates that AVO is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 3.10, AVO is doing good in the industry, outperforming 73.03% of the companies in the same industry.
The Debt to FCF ratio of AVO is 3.12, which is a good value as it means it would take AVO, 3.12 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 3.12, AVO is doing good in the industry, outperforming 77.53% of the companies in the same industry.
A Debt/Equity ratio of 0.25 indicates that AVO is not too dependend on debt financing.
AVO has a Debt to Equity ratio of 0.25. This is in the better half of the industry: AVO outperforms 62.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 3.12 | ||
| Altman-Z | 3.1 |
ROIC/WACC0.68
WACC8.32%
2.3 Liquidity
A Current Ratio of 1.75 indicates that AVO should not have too much problems paying its short term obligations.
AVO has a Current ratio of 1.75. This is comparable to the rest of the industry: AVO outperforms 58.43% of its industry peers.
A Quick Ratio of 1.03 indicates that AVO should not have too much problems paying its short term obligations.
AVO has a better Quick ratio (1.03) than 64.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.75 | ||
| Quick Ratio | 1.03 |
3. Growth
3.1 Past
AVO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 108.33%, which is quite impressive.
AVO shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -12.88% yearly.
Looking at the last year, AVO shows a very strong growth in Revenue. The Revenue has grown by 31.14%.
Measured over the past years, AVO shows a small growth in Revenue. The Revenue has been growing by 6.93% on average per year.
EPS 1Y (TTM)108.33%
EPS 3Y0%
EPS 5Y-12.88%
EPS Q2Q%11.11%
Revenue 1Y (TTM)31.14%
Revenue growth 3Y11.46%
Revenue growth 5Y6.93%
Sales Q2Q%29.18%
3.2 Future
AVO is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -12.57% yearly.
AVO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.32% yearly.
EPS Next Y-25.61%
EPS Next 2Y-12.57%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year8.36%
Revenue Next 2Y3.32%
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 stable.
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 13.72, which indicates a correct valuation of AVO.
Based on the Price/Earnings ratio, AVO is valued a bit cheaper than the industry average as 70.79% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 28.29. AVO is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 18.19, the valuation of AVO can be described as rather expensive.
68.54% of the companies in the same industry are more expensive than AVO, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.32, AVO is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.72 | ||
| Fwd PE | 18.19 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AVO is valued a bit cheaper than the industry average as 76.40% of the companies are valued more expensively.
67.42% of the companies in the same industry are more expensive than AVO, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.04 | ||
| EV/EBITDA | 8.19 |
4.3 Compensation for Growth
A cheap valuation may be justified as AVO's earnings are expected to decrease with -12.57% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-12.57%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for AVO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
10.29
+0.09 (+0.88%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners32.65%
Inst Owner Change0.41%
Ins Owners22.64%
Ins Owner Change3.52%
Market Cap731.31M
Analysts80
Price Target17.34 (68.51%)
Short Float %3.28%
Short Ratio4.45
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)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
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)37.55%
Min Revenue beat(2)15.9%
Max Revenue beat(2)59.21%
Revenue beat(4)4
Avg Revenue beat(4)37.79%
Min Revenue beat(4)15.9%
Max Revenue beat(4)59.21%
Revenue beat(8)7
Avg Revenue beat(8)21.01%
Revenue beat(12)9
Avg Revenue beat(12)14.38%
Revenue beat(16)10
Avg Revenue beat(16)10.15%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)283.33%
EPS NY rev (1m)10.1%
EPS NY rev (3m)131.92%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)21.33%
Revenue NY rev (1m)7.69%
Revenue NY rev (3m)7.69%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.72 | ||
| Fwd PE | 18.19 | ||
| P/S | 0.56 | ||
| P/FCF | 16.04 | ||
| P/OCF | 8.84 | ||
| P/B | 1.33 | ||
| P/tB | 1.43 | ||
| EV/EBITDA | 8.19 |
EPS(TTM)0.75
EY7.29%
EPS(NY)0.57
Fwd EY5.5%
FCF(TTM)0.64
FCFY6.24%
OCF(TTM)1.16
OCFY11.31%
SpS18.44
BVpS7.75
TBVpS7.2
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.07% | ||
| ROE | 7.37% | ||
| ROCE | 8.15% | ||
| ROIC | 5.64% | ||
| ROICexc | 5.93% | ||
| ROICexgc | 6.24% | ||
| OM | 5.15% | ||
| PM (TTM) | 3.1% | ||
| GM | 11.89% | ||
| FCFM | 3.48% |
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%
ROICexcg growth 3Y-3.05%
ROICexcg 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-Score7
Asset Turnover1.31
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 3.12 | ||
| Debt/EBITDA | 1.36 | ||
| Cap/Depr | 110.75% | ||
| Cap/Sales | 2.83% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 81.88% | ||
| Profit Quality | 112.32% | ||
| Current Ratio | 1.75 | ||
| Quick Ratio | 1.03 | ||
| Altman-Z | 3.1 |
F-Score7
WACC8.32%
ROIC/WACC0.68
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)108.33%
EPS 3Y0%
EPS 5Y-12.88%
EPS Q2Q%11.11%
EPS Next Y-25.61%
EPS Next 2Y-12.57%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)31.14%
Revenue growth 3Y11.46%
Revenue growth 5Y6.93%
Sales Q2Q%29.18%
Revenue Next Year8.36%
Revenue Next 2Y3.32%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y170%
EBIT growth 3Y2.12%
EBIT growth 5Y-9.21%
EBIT Next Year176.31%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y162.07%
FCF growth 3YN/A
FCF growth 5Y-0.55%
OCF growth 1Y9.83%
OCF growth 3Y25.72%
OCF growth 5Y0.17%