AVISTA CORP (AVA) Stock Fundamental Analysis
NYSE:AVA - US05379B1070 - Common Stock
37.04 USD
+0.25 (+0.68%)
Overall AVA gets a fundamental rating of 3 out of 10. We evaluated AVA against 25 industry peers in the Multi-Utilities industry. AVA may be in some trouble as it scores bad on both profitability and health. 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
AVA had positive earnings in the past year.
In the past year AVA had a positive cash flow from operations.
In the past 5 years AVA has always been profitable.
In the past 5 years AVA always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 2.22%, AVA is not doing good in the industry: 76.00% of the companies in the same industry are doing better.
With a Return On Equity value of 6.75%, AVA is not doing good in the industry: 84.00% of the companies in the same industry are doing better.
The Return On Invested Capital of AVA (3.43%) is worse than 76.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AVA is in line with the industry average of 3.82%.
The 3 year average ROIC (2.73%) for AVA is below the current ROIC(3.43%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.22% | ||
| ROE | 6.75% | ||
| ROIC | 3.43% |
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 9.14%, AVA is doing worse than 84.00% of the companies in the same industry.
AVA's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 17.02%, AVA is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
AVA's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.02% | ||
| PM (TTM) | 9.14% | ||
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AVA is destroying value.
The number of shares outstanding for AVA has been increased compared to 1 year ago.
Compared to 5 years ago, AVA has more shares outstanding
The debt/assets ratio for AVA has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.86, we must say that AVA is in the distress zone and has some risk of bankruptcy.
AVA has a Altman-Z score (0.86) which is comparable to the rest of the industry.
AVA has a Debt/Equity ratio of 1.17. This is a high value indicating a heavy dependency on external financing.
AVA's Debt to Equity ratio of 1.17 is fine compared to the rest of the industry. AVA outperforms 76.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.17 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.86 |
ROIC/WACC0.54
WACC6.29%
2.3 Liquidity
AVA has a Current Ratio of 1.00. This is a bad value and indicates that AVA is not financially healthy enough and could expect problems in meeting its short term obligations.
AVA has a better Current ratio (1.00) than 64.00% of its industry peers.
A Quick Ratio of 0.68 indicates that AVA may have some problems paying its short term obligations.
AVA has a Quick ratio of 0.68. This is comparable to the rest of the industry: AVA outperforms 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1 | ||
| Quick Ratio | 0.68 |
3. Growth
3.1 Past
AVA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -10.44%.
AVA shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.97% yearly.
AVA shows a small growth in Revenue. In the last year, the Revenue has grown by 2.41%.
The Revenue has been growing slightly by 7.57% on average over the past years.
EPS 1Y (TTM)-10.44%
EPS 3Y2.94%
EPS 5Y2.97%
EPS Q2Q%-41.38%
Revenue 1Y (TTM)2.41%
Revenue growth 3Y10.44%
Revenue growth 5Y7.57%
Sales Q2Q%2.22%
3.2 Future
AVA is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.96% yearly.
AVA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.25% yearly.
EPS Next Y11.85%
EPS Next 2Y9.96%
EPS Next 3Y8.42%
EPS Next 5Y6.96%
Revenue Next Year7.29%
Revenue Next 2Y5.74%
Revenue Next 3Y4.49%
Revenue Next 5Y4.25%
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
Based on the Price/Earnings ratio of 16.61, the valuation of AVA can be described as correct.
The rest of the industry has a similar Price/Earnings ratio as AVA.
The average S&P500 Price/Earnings ratio is at 27.08. AVA is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 13.44, which indicates a correct valuation of AVA.
AVA's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. AVA is cheaper than 68.00% of the companies in the same industry.
AVA's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.67.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.61 | ||
| Fwd PE | 13.44 |
4.2 Price Multiples
AVA's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. AVA is cheaper than 64.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.46 |
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)1.4
PEG (5Y)5.6
EPS Next 2Y9.96%
EPS Next 3Y8.42%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.35%, AVA is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.64, AVA pays a better dividend. On top of this AVA pays more dividend than 96.00% of the companies listed 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 | 5.35% |
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)4.18%
Div Incr Years22
Div Non Decr Years25
5.3 Sustainability
86.15% of the earnings are spent on dividend by AVA. This is not a sustainable payout ratio.
The dividend of AVA is growing, but earnings are growing more, so the dividend growth is sustainable.
DP86.15%
EPS Next 2Y9.96%
EPS Next 3Y8.42%
NYSE:AVA (8/27/2025, 1:04:46 PM)
37.04
+0.25 (+0.68%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners88.39%
Inst Owner Change1.21%
Ins Owners0.6%
Ins Owner Change1.61%
Market Cap3.00B
Analysts51.67
Price Target41.82 (12.9%)
Short Float %4.72%
Short Ratio5.18
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.35% |
Yearly Dividend1.9
Dividend Growth(5Y)4.18%
DP86.15%
Div Incr Years22
Div Non Decr Years25
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-24.99%
Min EPS beat(2)-44.54%
Max EPS beat(2)-5.45%
EPS beat(4)1
Avg EPS beat(4)6.77%
Min EPS beat(4)-44.54%
Max EPS beat(4)79.31%
EPS beat(8)3
Avg EPS beat(8)9.12%
EPS beat(12)5
Avg EPS beat(12)-4.89%
EPS beat(16)8
Avg EPS beat(16)10.05%
Revenue beat(2)0
Avg Revenue beat(2)-2.2%
Min Revenue beat(2)-3.32%
Max Revenue beat(2)-1.09%
Revenue beat(4)2
Avg Revenue beat(4)1.37%
Min Revenue beat(4)-3.32%
Max Revenue beat(4)9.75%
Revenue beat(8)5
Avg Revenue beat(8)4.62%
Revenue beat(12)8
Avg Revenue beat(12)7.17%
Revenue beat(16)11
Avg Revenue beat(16)7.08%
PT rev (1m)-2.96%
PT rev (3m)-2.84%
EPS NQ rev (1m)6.72%
EPS NQ rev (3m)41.79%
EPS NY rev (1m)-0.2%
EPS NY rev (3m)-0.2%
Revenue NQ rev (1m)0.48%
Revenue NQ rev (3m)2.89%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)10.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.61 | ||
| Fwd PE | 13.44 | ||
| P/S | 1.54 | ||
| P/FCF | N/A | ||
| P/OCF | 6.81 | ||
| P/B | 1.14 | ||
| P/tB | 1.16 | ||
| EV/EBITDA | 9.46 |
EPS(TTM)2.23
EY6.02%
EPS(NY)2.76
Fwd EY7.44%
FCF(TTM)-1.07
FCFYN/A
OCF(TTM)5.44
OCFY14.68%
SpS24.1
BVpS32.61
TBVpS31.97
PEG (NY)1.4
PEG (5Y)5.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.22% | ||
| ROE | 6.75% | ||
| ROCE | 4.5% | ||
| ROIC | 3.43% | ||
| ROICexc | 3.43% | ||
| ROICexgc | 3.45% | ||
| OM | 17.02% | ||
| PM (TTM) | 9.14% | ||
| 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%
ROICexcg growth 3Y3.49%
ROICexcg 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 | 1.17 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.06 | ||
| Cap/Depr | 187.67% | ||
| Cap/Sales | 27% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 71.84% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1 | ||
| Quick Ratio | 0.68 | ||
| Altman-Z | 0.86 |
F-Score4
WACC6.29%
ROIC/WACC0.54
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)-10.44%
EPS 3Y2.94%
EPS 5Y2.97%
EPS Q2Q%-41.38%
EPS Next Y11.85%
EPS Next 2Y9.96%
EPS Next 3Y8.42%
EPS Next 5Y6.96%
Revenue 1Y (TTM)2.41%
Revenue growth 3Y10.44%
Revenue growth 5Y7.57%
Sales Q2Q%2.22%
Revenue Next Year7.29%
Revenue Next 2Y5.74%
Revenue Next 3Y4.49%
Revenue Next 5Y4.25%
EBIT growth 1Y13.65%
EBIT growth 3Y10.27%
EBIT growth 5Y5.87%
EBIT Next Year97.09%
EBIT Next 3Y31.85%
EBIT Next 5YN/A
FCF growth 1Y69.03%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y134.7%
OCF growth 3Y25.95%
OCF growth 5Y6.04%