AMERICAN VANGUARD CORP (AVD) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AVD - US0303711081 - Common Stock
3.91 USD
+0.1 (+2.62%)
3.89 USD
-0.02 (-0.51%)
We assign a fundamental rating of 3 out of 10 to AVD. AVD was compared to 83 industry peers in the Chemicals industry. Both the profitability and financial health of AVD have multiple concerns. AVD has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
AVD had negative earnings in the past year.
In the past year AVD had a positive cash flow from operations.
AVD had positive earnings in 4 of the past 5 years.
AVD 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 -17.11%, AVD is doing worse than 83.13% of the companies in the same industry.
AVD has a worse Return On Equity (-50.73%) than 81.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -17.11% | ||
| ROE | -50.73% | ||
| ROIC | N/A |
ROA(3y)-5.03%
ROA(5y)-2.04%
ROE(3y)-14.92%
ROE(5y)-7.11%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Gross Margin of AVD (24.11%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of AVD has declined.
AVD 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 | 24.11% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-16.88%
GM growth 5Y-10.32%
2. Health
2.1 Basic Checks
AVD does not have a ROIC to compare to the WACC, probably because it is not profitable.
AVD has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, AVD has less shares outstanding
Compared to 1 year ago, AVD has a worse debt to assets ratio.
2.2 Solvency
AVD has an Altman-Z score of 1.62. This is a bad value and indicates that AVD is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.62, AVD perfoms like the industry average, outperforming 42.17% of the companies in the same industry.
AVD has a debt to FCF ratio of 63.88. This is a negative value and a sign of low solvency as AVD would need 63.88 years to pay back of all of its debts.
With a Debt to FCF ratio value of 63.88, AVD perfoms like the industry average, outperforming 44.58% of the companies in the same industry.
A Debt/Equity ratio of 0.82 indicates that AVD is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.82, AVD is in line with its industry, outperforming 44.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.82 | ||
| Debt/FCF | 63.88 | ||
| Altman-Z | 1.62 |
ROIC/WACCN/A
WACC11.37%
2.3 Liquidity
A Current Ratio of 1.77 indicates that AVD should not have too much problems paying its short term obligations.
AVD has a Current ratio of 1.77. This is comparable to the rest of the industry: AVD outperforms 42.17% of its industry peers.
A Quick Ratio of 0.90 indicates that AVD may have some problems paying its short term obligations.
The Quick ratio of AVD (0.90) is worse than 66.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.77 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
AVD shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -112.50%.
Looking at the last year, AVD shows a decrease in Revenue. The Revenue has decreased by -4.29% in the last year.
AVD shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.17% yearly.
EPS 1Y (TTM)-112.5%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%53.26%
Revenue 1Y (TTM)-4.29%
Revenue growth 3Y-0.58%
Revenue growth 5Y3.17%
Sales Q2Q%0.85%
3.2 Future
AVD is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 46.31% yearly.
Based on estimates for the next years, AVD will show a small growth in Revenue. The Revenue will grow by 0.27% on average per year.
EPS Next Y95.19%
EPS Next 2Y46.31%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-2.9%
Revenue Next 2Y0.27%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
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
AVD reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 10.19, the valuation of AVD can be described as reasonable.
85.54% of the companies in the same industry are more expensive than AVD, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of AVD to the average of the S&P500 Index (23.79), we can say AVD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 10.19 |
4.2 Price Multiples
AVD's Enterprise Value to EBITDA ratio is rather expensive when compared to the industry. AVD is more expensive than 81.93% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AVD is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 39.02 | ||
| EV/EBITDA | 32.39 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
AVD's earnings are expected to grow with 46.31% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y46.31%
EPS Next 3YN/A
5. Dividend
5.1 Amount
AVD has a Yearly Dividend Yield of 1.27%. Purely for dividend investing, there may be better candidates out there.
In the last 3 months the price of AVD has falen by -22.42%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 2.47, AVD has a dividend in line with its industry peers.
AVD's Dividend Yield is slightly below the S&P500 average, which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.27% |
5.2 History
The dividend of AVD has a limited annual growth rate of 2.42%.
AVD has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)2.42%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
AVD's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP0%
EPS Next 2Y46.31%
EPS Next 3YN/A
3.91
+0.1 (+2.62%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners69.57%
Inst Owner Change0%
Ins Owners9%
Ins Owner Change6.21%
Market Cap111.32M
Revenue(TTM)530.07M
Net Income(TTM)-112.10M
Analysts80
Price Target12.24 (213.04%)
Short Float %2.76%
Short Ratio3.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.27% |
Yearly Dividend0.09
Dividend Growth(5Y)2.42%
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-179.59%
Min EPS beat(2)-432.18%
Max EPS beat(2)73%
EPS beat(4)1
Avg EPS beat(4)-375.33%
Min EPS beat(4)-817.82%
Max EPS beat(4)73%
EPS beat(8)1
Avg EPS beat(8)-406.09%
EPS beat(12)2
Avg EPS beat(12)-288.91%
EPS beat(16)4
Avg EPS beat(16)-215.19%
Revenue beat(2)1
Avg Revenue beat(2)-2.64%
Min Revenue beat(2)-7.71%
Max Revenue beat(2)2.43%
Revenue beat(4)1
Avg Revenue beat(4)-4.63%
Min Revenue beat(4)-9.72%
Max Revenue beat(4)2.43%
Revenue beat(8)1
Avg Revenue beat(8)-5.81%
Revenue beat(12)1
Avg Revenue beat(12)-7.69%
Revenue beat(16)3
Avg Revenue beat(16)-5.06%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 10.19 | ||
| P/S | 0.21 | ||
| P/FCF | 39.02 | ||
| P/OCF | 16.8 | ||
| P/B | 0.5 | ||
| P/tB | 1.97 | ||
| EV/EBITDA | 32.39 |
EPS(TTM)-2.21
EYN/A
EPS(NY)0.38
Fwd EY9.82%
FCF(TTM)0.1
FCFY2.56%
OCF(TTM)0.23
OCFY5.95%
SpS18.62
BVpS7.76
TBVpS1.99
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -17.11% | ||
| ROE | -50.73% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 24.11% | ||
| FCFM | 0.54% |
ROA(3y)-5.03%
ROA(5y)-2.04%
ROE(3y)-14.92%
ROE(5y)-7.11%
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 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-16.88%
GM growth 5Y-10.32%
F-Score3
Asset Turnover0.81
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.82 | ||
| Debt/FCF | 63.88 | ||
| Debt/EBITDA | 21.55 | ||
| Cap/Depr | 19.14% | ||
| Cap/Sales | 0.71% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 78.38% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.77 | ||
| Quick Ratio | 0.9 | ||
| Altman-Z | 1.62 |
F-Score3
WACC11.37%
ROIC/WACCN/A
Cap/Depr(3y)51.85%
Cap/Depr(5y)55.48%
Cap/Sales(3y)1.96%
Cap/Sales(5y)2.2%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-112.5%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%53.26%
EPS Next Y95.19%
EPS Next 2Y46.31%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-4.29%
Revenue growth 3Y-0.58%
Revenue growth 5Y3.17%
Sales Q2Q%0.85%
Revenue Next Year-2.9%
Revenue Next 2Y0.27%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-508.26%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year300.29%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y105.01%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y115.39%
OCF growth 3Y-64.32%
OCF growth 5Y-16.03%
AMERICAN VANGUARD CORP / AVD FAQ
What is the ChartMill fundamental rating of AMERICAN VANGUARD CORP (AVD) stock?
ChartMill assigns a fundamental rating of 3 / 10 to AVD.
Can you provide the valuation status for AMERICAN VANGUARD CORP?
ChartMill assigns a valuation rating of 5 / 10 to AMERICAN VANGUARD CORP (AVD). This can be considered as Fairly Valued.
Can you provide the profitability details for AMERICAN VANGUARD CORP?
AMERICAN VANGUARD CORP (AVD) has a profitability rating of 2 / 10.
Can you provide the expected EPS growth for AVD stock?
The Earnings per Share (EPS) of AMERICAN VANGUARD CORP (AVD) is expected to grow by 95.19% in the next year.