CALAVO GROWERS INC (CVGW) Stock Fundamental Analysis
USA - NASDAQ:CVGW - US1282461052 - Common Stock
18.96 USD
+0.17 (+0.9%)
18.96 USD
0 (0%)
Overall CVGW gets a fundamental rating of 6 out of 10. We evaluated CVGW against 87 industry peers in the Food Products industry. CVGW has an excellent financial health rating, but there are some minor concerns on its profitability. CVGW is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
CVGW had positive earnings in the past year.
In the past year CVGW had a positive cash flow from operations.
In the past 5 years CVGW always reported negative net income.
CVGW had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.26%, CVGW is in the better half of the industry, outperforming 77.01% of the companies in the same industry.
CVGW has a better Return On Equity (7.69%) than 63.22% of its industry peers.
CVGW has a Return On Invested Capital of 8.32%. This is amongst the best in the industry. CVGW outperforms 81.61% of its industry peers.
CVGW had an Average Return On Invested Capital over the past 3 years of 4.02%. This is significantly below the industry average of 28.38%.
The last Return On Invested Capital (8.32%) for CVGW is above the 3 year average (4.02%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.26% | ||
| ROE | 7.69% | ||
| ROIC | 8.32% |
ROA(3y)-1.38%
ROA(5y)-1.99%
ROE(3y)-2.45%
ROE(5y)-3.59%
ROIC(3y)4.02%
ROIC(5y)3.94%
1.3 Margins
Looking at the Profit Margin, with a value of 2.28%, CVGW is in line with its industry, outperforming 57.47% of the companies in the same industry.
CVGW's Operating Margin of 3.67% is in line compared to the rest of the industry. CVGW outperforms 55.17% of its industry peers.
CVGW's Operating Margin has declined in the last couple of years.
CVGW has a Gross Margin of 9.85%. This is in the lower half of the industry: CVGW underperforms 68.97% of its industry peers.
In the last couple of years the Gross Margin of CVGW has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.67% | ||
| PM (TTM) | 2.28% | ||
| GM | 9.85% |
OM growth 3Y138.29%
OM growth 5Y-12.98%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y23.52%
GM growth 5Y-0.88%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CVGW is destroying value.
The number of shares outstanding for CVGW has been increased compared to 1 year ago.
Compared to 5 years ago, CVGW has more shares outstanding
Compared to 1 year ago, CVGW has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 5.19 indicates that CVGW is not in any danger for bankruptcy at the moment.
CVGW has a Altman-Z score of 5.19. This is amongst the best in the industry. CVGW outperforms 90.80% of its industry peers.
CVGW has a debt to FCF ratio of 0.19. This is a very positive value and a sign of high solvency as it would only need 0.19 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.19, CVGW belongs to the top of the industry, outperforming 94.25% of the companies in the same industry.
A Debt/Equity ratio of 0.02 indicates that CVGW is not too dependend on debt financing.
The Debt to Equity ratio of CVGW (0.02) is better than 83.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.19 | ||
| Altman-Z | 5.19 |
ROIC/WACC0.96
WACC8.69%
2.3 Liquidity
CVGW has a Current Ratio of 2.30. This indicates that CVGW is financially healthy and has no problem in meeting its short term obligations.
CVGW has a Current ratio of 2.30. This is in the better half of the industry: CVGW outperforms 68.97% of its industry peers.
A Quick Ratio of 1.87 indicates that CVGW should not have too much problems paying its short term obligations.
CVGW's Quick ratio of 1.87 is amongst the best of the industry. CVGW outperforms 86.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.3 | ||
| Quick Ratio | 1.87 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 84.93% over the past year.
CVGW shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -18.14% yearly.
The Revenue has decreased by -5.33% in the past year.
The Revenue for CVGW have been decreasing by -11.17% on average. This is quite bad
EPS 1Y (TTM)84.93%
EPS 3Y46.92%
EPS 5Y-18.14%
EPS Q2Q%0%
Revenue 1Y (TTM)-5.33%
Revenue growth 3Y-14.43%
Revenue growth 5Y-11.17%
Sales Q2Q%-0.43%
3.2 Future
The Earnings Per Share is expected to grow by 30.13% on average over the next years. This is a very strong growth
CVGW is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.34% yearly.
EPS Next Y53.77%
EPS Next 2Y31.44%
EPS Next 3Y30.13%
EPS Next 5YN/A
Revenue Next Year3.63%
Revenue Next 2Y5.23%
Revenue Next 3Y7.34%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
CVGW is valuated correctly with a Price/Earnings ratio of 14.04.
CVGW's Price/Earnings ratio is a bit cheaper when compared to the industry. CVGW is cheaper than 70.11% of the companies in the same industry.
CVGW is valuated rather cheaply when we compare the Price/Earnings ratio to 25.47, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 9.89 indicates a reasonable valuation of CVGW.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CVGW indicates a rather cheap valuation: CVGW is cheaper than 88.51% of the companies listed in the same industry.
CVGW's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 35.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.04 | ||
| Fwd PE | 9.89 |
4.2 Price Multiples
68.97% of the companies in the same industry are more expensive than CVGW, based on the Enterprise Value to EBITDA ratio.
78.16% of the companies in the same industry are more expensive than CVGW, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.28 | ||
| EV/EBITDA | 8.28 |
4.3 Compensation for Growth
CVGW'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 CVGW's earnings are expected to grow with 30.13% in the coming years.
PEG (NY)0.26
PEG (5Y)N/A
EPS Next 2Y31.44%
EPS Next 3Y30.13%
5. Dividend
5.1 Amount
CVGW has a Yearly Dividend Yield of 3.65%. Purely for dividend investing, there may be better candidates out there.
In the last 3 months the price of CVGW has falen by -32.39%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
CVGW's Dividend Yield is a higher than the industry average which is at 5.15.
Compared to an average S&P500 Dividend Yield of 2.44, CVGW pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.65% |
5.2 History
The dividend of CVGW decreases each year by -12.97%.
CVGW has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of CVGW decreased in the last 3 years.
Dividend Growth(5Y)-12.97%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
CVGW pays out 92.05% of its income as dividend. This is not a sustainable payout ratio.
DP92.05%
EPS Next 2Y31.44%
EPS Next 3Y30.13%
18.96
+0.17 (+0.9%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners75.38%
Inst Owner Change0.58%
Ins Owners2.74%
Ins Owner Change0%
Market Cap338.44M
Revenue(TTM)693.71M
Net Income(TTM)15.84M
Analysts80
Price Target35.7 (88.29%)
Short Float %2.35%
Short Ratio1.83
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.65% |
Yearly Dividend0.5
Dividend Growth(5Y)-12.97%
DP92.05%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-16.16%
Min EPS beat(2)-26.61%
Max EPS beat(2)-5.71%
EPS beat(4)1
Avg EPS beat(4)-25.96%
Min EPS beat(4)-83.48%
Max EPS beat(4)11.95%
EPS beat(8)3
Avg EPS beat(8)-51.14%
EPS beat(12)4
Avg EPS beat(12)-59.06%
EPS beat(16)6
Avg EPS beat(16)-52.15%
Revenue beat(2)0
Avg Revenue beat(2)-8.8%
Min Revenue beat(2)-10.32%
Max Revenue beat(2)-7.28%
Revenue beat(4)1
Avg Revenue beat(4)-5.05%
Min Revenue beat(4)-10.32%
Max Revenue beat(4)2.9%
Revenue beat(8)2
Avg Revenue beat(8)-8.74%
Revenue beat(12)2
Avg Revenue beat(12)-13.38%
Revenue beat(16)6
Avg Revenue beat(16)-9.45%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.6%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.39%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-10.9%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.04 | ||
| Fwd PE | 9.89 | ||
| P/S | 0.49 | ||
| P/FCF | 12.28 | ||
| P/OCF | 11.67 | ||
| P/B | 1.64 | ||
| P/tB | 1.73 | ||
| EV/EBITDA | 8.28 |
EPS(TTM)1.35
EY7.12%
EPS(NY)1.92
Fwd EY10.11%
FCF(TTM)1.54
FCFY8.14%
OCF(TTM)1.62
OCFY8.57%
SpS38.86
BVpS11.54
TBVpS10.98
PEG (NY)0.26
PEG (5Y)N/A
Graham Number18.72
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.26% | ||
| ROE | 7.69% | ||
| ROCE | 10.97% | ||
| ROIC | 8.32% | ||
| ROICexc | 11.47% | ||
| ROICexgc | 12.2% | ||
| OM | 3.67% | ||
| PM (TTM) | 2.28% | ||
| GM | 9.85% | ||
| FCFM | 3.97% |
ROA(3y)-1.38%
ROA(5y)-1.99%
ROE(3y)-2.45%
ROE(5y)-3.59%
ROIC(3y)4.02%
ROIC(5y)3.94%
ROICexc(3y)4.73%
ROICexc(5y)4.38%
ROICexgc(3y)5.17%
ROICexgc(5y)4.85%
ROCE(3y)5.29%
ROCE(5y)5.31%
ROICexgc growth 3Y148.53%
ROICexgc growth 5Y-14.08%
ROICexc growth 3Y153.59%
ROICexc growth 5Y-13.98%
OM growth 3Y138.29%
OM growth 5Y-12.98%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y23.52%
GM growth 5Y-0.88%
F-Score8
Asset Turnover2.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.19 | ||
| Debt/EBITDA | 0.13 | ||
| Cap/Depr | 18.05% | ||
| Cap/Sales | 0.21% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 86.75% | ||
| Profit Quality | 173.99% | ||
| Current Ratio | 2.3 | ||
| Quick Ratio | 1.87 | ||
| Altman-Z | 5.19 |
F-Score8
WACC8.69%
ROIC/WACC0.96
Cap/Depr(3y)49.01%
Cap/Depr(5y)56.52%
Cap/Sales(3y)0.79%
Cap/Sales(5y)0.9%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)84.93%
EPS 3Y46.92%
EPS 5Y-18.14%
EPS Q2Q%0%
EPS Next Y53.77%
EPS Next 2Y31.44%
EPS Next 3Y30.13%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.33%
Revenue growth 3Y-14.43%
Revenue growth 5Y-11.17%
Sales Q2Q%-0.43%
Revenue Next Year3.63%
Revenue Next 2Y5.23%
Revenue Next 3Y7.34%
Revenue Next 5YN/A
EBIT growth 1Y47.41%
EBIT growth 3Y103.9%
EBIT growth 5Y-22.7%
EBIT Next Year61.11%
EBIT Next 3Y26.52%
EBIT Next 5YN/A
FCF growth 1Y218.43%
FCF growth 3Y114.67%
FCF growth 5Y-17.54%
OCF growth 1Y360.11%
OCF growth 3Y20.93%
OCF growth 5Y-19.75%
CALAVO GROWERS INC / CVGW FAQ
What is the fundamental rating for CVGW stock?
ChartMill assigns a fundamental rating of 6 / 10 to CVGW.
What is the valuation status for CVGW stock?
ChartMill assigns a valuation rating of 7 / 10 to CALAVO GROWERS INC (CVGW). This can be considered as Undervalued.
What is the profitability of CVGW stock?
CALAVO GROWERS INC (CVGW) has a profitability rating of 4 / 10.
What are the PE and PB ratios of CALAVO GROWERS INC (CVGW) stock?
The Price/Earnings (PE) ratio for CALAVO GROWERS INC (CVGW) is 14.04 and the Price/Book (PB) ratio is 1.64.
Can you provide the financial health for CVGW stock?
The financial health rating of CALAVO GROWERS INC (CVGW) is 8 / 10.