279.19 USD
+0.72 (+0.26%)
282.2 USD
+3.01 (+1.08%)
Taking everything into account, AVAV scores 4 out of 10 in our fundamental rating. AVAV was compared to 71 industry peers in the Aerospace & Defense industry. While AVAV seems to be doing ok healthwise, there are quite some concerns on its profitability. AVAV shows excellent growth, but is valued quite expensive already.
1. Profitability
1.1 Basic Checks
In the past year AVAV was profitable.
AVAV had a negative operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: AVAV reported negative net income in multiple years.
The reported operating cash flow has been mixed in the past 5 years: AVAV reported negative operating cash flow in multiple years.
1.2 Ratios
AVAV has a Return On Assets (-0.80%) which is in line with its industry peers.
Looking at the Return On Equity, with a value of -1.01%, AVAV is in line with its industry, outperforming 45.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.8% | ||
| ROE | -1.01% | ||
| ROIC | N/A |
ROA(3y)-3.87%
ROA(5y)-1.91%
ROE(3y)-6.6%
ROE(5y)-3.34%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
In the last couple of years the Profit Margin of AVAV has declined.
AVAV's Operating Margin has declined in the last couple of years.
AVAV has a better Gross Margin (30.60%) than 69.01% of its industry peers.
AVAV's Gross Margin has been stable in the last couple of years.
AVAV does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 30.6% |
OM growth 3YN/A
OM growth 5Y-10.88%
PM growth 3YN/A
PM growth 5Y-13.83%
GM growth 3Y7.02%
GM growth 5Y-1.41%
2. Health
2.1 Basic Checks
AVAV does not have a ROIC to compare to the WACC, probably because it is not profitable.
AVAV has more shares outstanding than it did 1 year ago.
The number of shares outstanding for AVAV has been increased compared to 5 years ago.
Compared to 1 year ago, AVAV has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 7.52 indicates that AVAV is not in any danger for bankruptcy at the moment.
AVAV's Altman-Z score of 7.52 is fine compared to the rest of the industry. AVAV outperforms 77.46% of its industry peers.
A Debt/Equity ratio of 0.16 indicates that AVAV is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.16, AVAV is in the better half of the industry, outperforming 73.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 7.52 |
ROIC/WACCN/A
WACC10.13%
2.3 Liquidity
A Current Ratio of 5.96 indicates that AVAV has no problem at all paying its short term obligations.
The Current ratio of AVAV (5.96) is better than 95.77% of its industry peers.
A Quick Ratio of 5.12 indicates that AVAV has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 5.12, AVAV belongs to the top of the industry, outperforming 94.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.96 | ||
| Quick Ratio | 5.12 |
3. Growth
3.1 Past
AVAV shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -7.53%.
AVAV shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.43% yearly.
AVAV shows a strong growth in Revenue. In the last year, the Revenue has grown by 44.04%.
The Revenue has been growing by 17.44% on average over the past years. This is quite good.
EPS 1Y (TTM)-7.53%
EPS 3Y38.53%
EPS 5Y12.43%
EPS Q2Q%-64.04%
Revenue 1Y (TTM)44.04%
Revenue growth 3Y22.57%
Revenue growth 5Y17.44%
Sales Q2Q%139.96%
3.2 Future
Based on estimates for the next years, AVAV will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.15% on average per year.
AVAV is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 34.91% yearly.
EPS Next Y13.98%
EPS Next 2Y18.84%
EPS Next 3Y23.47%
EPS Next 5Y19.15%
Revenue Next Year154.08%
Revenue Next 2Y72.5%
Revenue Next 3Y50.27%
Revenue Next 5Y34.91%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
AVAV is valuated quite expensively with a Price/Earnings ratio of 103.40.
AVAV's Price/Earnings ratio is in line with the industry average.
AVAV is valuated expensively when we compare the Price/Earnings ratio to 26.15, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 60.45, the valuation of AVAV can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AVAV is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.12, AVAV is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 103.4 | ||
| Fwd PE | 60.45 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AVAV is valued a bit more expensive than the industry average as 63.38% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 123.76 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
AVAV's earnings are expected to grow with 23.47% in the coming years. This may justify a more expensive valuation.
PEG (NY)7.39
PEG (5Y)8.32
EPS Next 2Y18.84%
EPS Next 3Y23.47%
5. Dividend
5.1 Amount
No dividends for AVAV!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
279.19
+0.72 (+0.26%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners59.21%
Inst Owner Change9.04%
Ins Owners0.79%
Ins Owner Change-0.12%
Market Cap13.94B
Revenue(TTM)1.09B
Net Income(TTM)-44.92M
Analysts87
Price Target416.94 (49.34%)
Short Float %6.54%
Short Ratio2.12
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)1
Avg EPS beat(2)-0.85%
Min EPS beat(2)-15.12%
Max EPS beat(2)13.42%
EPS beat(4)1
Avg EPS beat(4)-22.68%
Min EPS beat(4)-53.02%
Max EPS beat(4)13.42%
EPS beat(8)5
Avg EPS beat(8)22.51%
EPS beat(12)6
Avg EPS beat(12)27.47%
EPS beat(16)8
Avg EPS beat(16)8.87%
Revenue beat(2)2
Avg Revenue beat(2)6.52%
Min Revenue beat(2)1.43%
Max Revenue beat(2)11.62%
Revenue beat(4)3
Avg Revenue beat(4)-0.56%
Min Revenue beat(4)-16.31%
Max Revenue beat(4)11.62%
Revenue beat(8)7
Avg Revenue beat(8)1.4%
Revenue beat(12)10
Avg Revenue beat(12)3.35%
Revenue beat(16)11
Avg Revenue beat(16)0.86%
PT rev (1m)36.88%
PT rev (3m)43.05%
EPS NQ rev (1m)0%
EPS NQ rev (3m)8.17%
EPS NY rev (1m)0%
EPS NY rev (3m)8.59%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.99%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 103.4 | ||
| Fwd PE | 60.45 | ||
| P/S | 12.84 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 3.15 | ||
| P/tB | 18.14 | ||
| EV/EBITDA | 123.76 |
EPS(TTM)2.7
EY0.97%
EPS(NY)4.62
Fwd EY1.65%
FCF(TTM)-4.06
FCFYN/A
OCF(TTM)-3.07
OCFYN/A
SpS21.75
BVpS88.67
TBVpS15.4
PEG (NY)7.39
PEG (5Y)8.32
Graham Number73.39
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.8% | ||
| ROE | -1.01% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 30.6% | ||
| FCFM | N/A |
ROA(3y)-3.87%
ROA(5y)-1.91%
ROE(3y)-6.6%
ROE(5y)-3.34%
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
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5Y-10.88%
PM growth 3YN/A
PM growth 5Y-13.83%
GM growth 3Y7.02%
GM growth 5Y-1.41%
F-Score1
Asset Turnover0.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.42 | ||
| Cap/Depr | 40.4% | ||
| Cap/Sales | 4.55% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 5.96 | ||
| Quick Ratio | 5.12 | ||
| Altman-Z | 7.52 |
F-Score1
WACC10.13%
ROIC/WACCN/A
Cap/Depr(3y)46.34%
Cap/Depr(5y)46.82%
Cap/Sales(3y)2.98%
Cap/Sales(5y)3.36%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-7.53%
EPS 3Y38.53%
EPS 5Y12.43%
EPS Q2Q%-64.04%
EPS Next Y13.98%
EPS Next 2Y18.84%
EPS Next 3Y23.47%
EPS Next 5Y19.15%
Revenue 1Y (TTM)44.04%
Revenue growth 3Y22.57%
Revenue growth 5Y17.44%
Sales Q2Q%139.96%
Revenue Next Year154.08%
Revenue Next 2Y72.5%
Revenue Next 3Y50.27%
Revenue Next 5Y34.91%
EBIT growth 1Y-113.56%
EBIT growth 3YN/A
EBIT growth 5Y4.66%
EBIT Next Year313.77%
EBIT Next 3Y83.87%
EBIT Next 5Y56.41%
FCF growth 1Y-484.24%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-610.18%
OCF growth 3YN/A
OCF growth 5YN/A
AEROVIRONMENT INC / AVAV FAQ
What is the ChartMill fundamental rating of AEROVIRONMENT INC (AVAV) stock?
ChartMill assigns a fundamental rating of 4 / 10 to AVAV.
What is the valuation status of AEROVIRONMENT INC (AVAV) stock?
ChartMill assigns a valuation rating of 1 / 10 to AEROVIRONMENT INC (AVAV). This can be considered as Overvalued.
Can you provide the profitability details for AEROVIRONMENT INC?
AEROVIRONMENT INC (AVAV) has a profitability rating of 2 / 10.
How financially healthy is AEROVIRONMENT INC?
The financial health rating of AEROVIRONMENT INC (AVAV) is 5 / 10.