AEROVIRONMENT INC (AVAV) Stock Fundamental Analysis
NASDAQ:AVAV - Nasdaq - US0080731088 - Common Stock - Currency: USD
We assign a fundamental rating of 4 out of 10 to AVAV. AVAV was compared to 64 industry peers in the Aerospace & Defense industry. AVAV scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. While showing a medium growth rate, AVAV is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year AVAV was profitable.
In the past year AVAV has reported a negative cash flow from operations.
In multiple years AVAV reported negative net income over the last 5 years.
AVAV had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
AVAV's Return On Assets of 3.15% is in line compared to the rest of the industry. AVAV outperforms 53.13% of its industry peers.
AVAV has a Return On Equity (3.83%) which is in line with its industry peers.
AVAV's Return On Invested Capital of 2.84% is in line compared to the rest of the industry. AVAV outperforms 42.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.15% | ||
| ROE | 3.83% | ||
| ROIC | 2.84% |
ROA(3y)-5.32%
ROA(5y)-1.28%
ROE(3y)-8.47%
ROE(5y)-2.71%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 4.44%, AVAV perfoms like the industry average, outperforming 48.44% of the companies in the same industry.
In the last couple of years the Profit Margin of AVAV has declined.
AVAV has a Operating Margin of 4.46%. This is comparable to the rest of the industry: AVAV outperforms 45.31% of its industry peers.
In the last couple of years the Operating Margin of AVAV has remained more or less at the same level.
The Gross Margin of AVAV (39.58%) is better than 79.69% of its industry peers.
AVAV's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.46% | ||
| PM (TTM) | 4.44% | ||
| GM | 39.58% |
OM growth 3Y-2.12%
OM growth 5Y-0.89%
PM growth 3Y12.16%
PM growth 5Y-11.2%
GM growth 3Y-1.68%
GM growth 5Y-0.61%
2. Health
2.1 Basic Checks
AVAV has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, AVAV has more shares outstanding
Compared to 5 years ago, AVAV has more shares outstanding
The debt/assets ratio for AVAV has been reduced compared to a year ago.
2.2 Solvency
AVAV has an Altman-Z score of 16.80. This indicates that AVAV is financially healthy and has little risk of bankruptcy at the moment.
AVAV has a better Altman-Z score (16.80) than 96.88% of its industry peers.
AVAV has a Debt/Equity ratio of 0.03. This is a healthy value indicating a solid balance between debt and equity.
AVAV has a better Debt to Equity ratio (0.03) than 87.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 16.8 |
ROIC/WACC0.28
WACC10.27%
2.3 Liquidity
AVAV has a Current Ratio of 4.22. This indicates that AVAV is financially healthy and has no problem in meeting its short term obligations.
AVAV has a Current ratio of 4.22. This is amongst the best in the industry. AVAV outperforms 89.06% of its industry peers.
A Quick Ratio of 3.07 indicates that AVAV has no problem at all paying its short term obligations.
AVAV's Quick ratio of 3.07 is amongst the best of the industry. AVAV outperforms 92.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.22 | ||
| Quick Ratio | 3.07 |
3. Growth
3.1 Past
The earnings per share for AVAV have decreased strongly by -41.78% in the last year.
AVAV shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.60% yearly.
AVAV shows a small growth in Revenue. In the last year, the Revenue has grown by 5.22%.
AVAV shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 17.92% yearly.
EPS 1Y (TTM)-41.78%
EPS 3Y13%
EPS 5Y11.6%
EPS Q2Q%-52.38%
Revenue 1Y (TTM)5.22%
Revenue growth 3Y21.98%
Revenue growth 5Y17.92%
Sales Q2Q%-10.15%
3.2 Future
AVAV is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.87% yearly.
AVAV is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.54% yearly.
EPS Next Y3.55%
EPS Next 2Y19.25%
EPS Next 3Y19.47%
EPS Next 5Y18.87%
Revenue Next Year11.12%
Revenue Next 2Y16.15%
Revenue Next 3Y15.15%
Revenue Next 5Y12.54%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 80.41, which means the current valuation is very expensive for AVAV.
AVAV's Price/Earnings is on the same level as the industry average.
AVAV is valuated expensively when we compare the Price/Earnings ratio to 25.91, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 39.01 indicates a quite expensive valuation of AVAV.
AVAV's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 21.85. AVAV is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 80.41 | ||
| Fwd PE | 39.01 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AVAV is valued a bit more expensive than the industry average as 64.06% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 66.31 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates AVAV does not grow enough to justify the current Price/Earnings ratio.
AVAV's earnings are expected to grow with 19.47% in the coming years. This may justify a more expensive valuation.
PEG (NY)22.66
PEG (5Y)6.93
EPS Next 2Y19.25%
EPS Next 3Y19.47%
5. Dividend
5.1 Amount
AVAV does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NASDAQ:AVAV (5/23/2025, 1:52:44 PM)
168.06
+0.42 (+0.25%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners99.36%
Inst Owner Change3.66%
Ins Owners1.08%
Ins Owner Change-96.08%
Market Cap4.74B
Analysts88.33
Price Target187.33 (11.47%)
Short Float %11.51%
Short Ratio6.33
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)0
Avg EPS beat(2)-44.51%
Min EPS beat(2)-53.02%
Max EPS beat(2)-36%
EPS beat(4)2
Avg EPS beat(4)9.93%
Min EPS beat(4)-53.02%
Max EPS beat(4)94.15%
EPS beat(8)5
Avg EPS beat(8)56.55%
EPS beat(12)5
Avg EPS beat(12)9.73%
EPS beat(16)9
Avg EPS beat(16)12.56%
Revenue beat(2)1
Avg Revenue beat(2)-7.65%
Min Revenue beat(2)-16.31%
Max Revenue beat(2)1%
Revenue beat(4)3
Avg Revenue beat(4)-3.19%
Min Revenue beat(4)-16.31%
Max Revenue beat(4)2.42%
Revenue beat(8)7
Avg Revenue beat(8)3.19%
Revenue beat(12)9
Avg Revenue beat(12)2.21%
Revenue beat(16)10
Avg Revenue beat(16)-0.38%
PT rev (1m)-0.74%
PT rev (3m)-11.37%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.01%
EPS NY rev (1m)0%
EPS NY rev (3m)-10.8%
Revenue NQ rev (1m)0.13%
Revenue NQ rev (3m)-2.29%
Revenue NY rev (1m)-0.13%
Revenue NY rev (3m)-4.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 80.41 | ||
| Fwd PE | 39.01 | ||
| P/S | 6.39 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 5.51 | ||
| P/tB | 8.98 | ||
| EV/EBITDA | 66.31 |
EPS(TTM)2.09
EY1.24%
EPS(NY)4.31
Fwd EY2.56%
FCF(TTM)-1.28
FCFYN/A
OCF(TTM)-0.45
OCFYN/A
SpS26.31
BVpS30.51
TBVpS18.71
PEG (NY)22.66
PEG (5Y)6.93
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.15% | ||
| ROE | 3.83% | ||
| ROCE | 3.6% | ||
| ROIC | 2.84% | ||
| ROICexc | 3% | ||
| ROICexgc | 4.85% | ||
| OM | 4.46% | ||
| PM (TTM) | 4.44% | ||
| GM | 39.58% | ||
| FCFM | N/A |
ROA(3y)-5.32%
ROA(5y)-1.28%
ROE(3y)-8.47%
ROE(5y)-2.71%
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 3Y-4.36%
ROICexcg growth 5Y-7.43%
ROICexc growth 3Y11.62%
ROICexc growth 5Y-17.4%
OM growth 3Y-2.12%
OM growth 5Y-0.89%
PM growth 3Y12.16%
PM growth 5Y-11.2%
GM growth 3Y-1.68%
GM growth 5Y-0.61%
F-Score4
Asset Turnover0.71
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.35 | ||
| Cap/Depr | 61.63% | ||
| Cap/Sales | 3.15% | ||
| Interest Coverage | 15.25 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 4.22 | ||
| Quick Ratio | 3.07 | ||
| Altman-Z | 16.8 |
F-Score4
WACC10.27%
ROIC/WACC0.28
Cap/Depr(3y)40%
Cap/Depr(5y)58.38%
Cap/Sales(3y)3.72%
Cap/Sales(5y)3.41%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-41.78%
EPS 3Y13%
EPS 5Y11.6%
EPS Q2Q%-52.38%
EPS Next Y3.55%
EPS Next 2Y19.25%
EPS Next 3Y19.47%
EPS Next 5Y18.87%
Revenue 1Y (TTM)5.22%
Revenue growth 3Y21.98%
Revenue growth 5Y17.92%
Sales Q2Q%-10.15%
Revenue Next Year11.12%
Revenue Next 2Y16.15%
Revenue Next 3Y15.15%
Revenue Next 5Y12.54%
EBIT growth 1Y-43.11%
EBIT growth 3Y19.4%
EBIT growth 5Y16.87%
EBIT Next Year56.64%
EBIT Next 3Y44.76%
EBIT Next 5Y28.14%
FCF growth 1Y-614.99%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-156.92%
OCF growth 3Y-43.88%
OCF growth 5Y-4.51%