MISSION PRODUCE INC (AVO) Stock Fundamental Analysis
USA - NASDAQ:AVO - US60510V1089 - Common Stock
12.53 USD
+0.01 (+0.08%)
12.53 USD
0 (0%)
Overall AVO gets a fundamental rating of 4 out of 10. We evaluated AVO against 89 industry peers in the Food Products industry. AVO has only an average score on both its financial health and profitability. AVO is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year AVO was profitable.
AVO had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: AVO reported negative net income in multiple years.
Each year in the past 5 years AVO had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.89%, AVO is in the better half of the industry, outperforming 64.04% of the companies in the same industry.
AVO has a Return On Equity (6.86%) which is comparable to the rest of the industry.
The Return On Invested Capital of AVO (5.28%) is comparable to the rest of the industry.
AVO had an Average Return On Invested Capital over the past 3 years of 2.39%. This is significantly below the industry average of 27.85%.
The last Return On Invested Capital (5.28%) for AVO is above the 3 year average (2.39%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.89% | ||
| ROE | 6.86% | ||
| ROIC | 5.28% |
ROA(3y)-0.15%
ROA(5y)1.68%
ROE(3y)-0.25%
ROE(5y)2.75%
ROIC(3y)2.39%
ROIC(5y)3.88%
1.3 Margins
AVO has a Profit Margin (2.73%) which is comparable to the rest of the industry.
AVO's Profit Margin has declined in the last couple of years.
The Operating Margin of AVO (4.63%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of AVO has declined.
The Gross Margin of AVO (11.29%) is worse than 65.17% of its industry peers.
AVO's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.63% | ||
| PM (TTM) | 2.73% | ||
| GM | 11.29% |
OM growth 3Y-8.38%
OM growth 5Y-15.09%
PM growth 3Y-16.11%
PM growth 5Y-18.2%
GM growth 3Y-4%
GM growth 5Y-6.75%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AVO is destroying value.
AVO has more shares outstanding than it did 1 year ago.
The number of shares outstanding for AVO has been increased compared to 5 years ago.
The debt/assets ratio for AVO has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.49 indicates that AVO is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.49, AVO is in the better half of the industry, outperforming 73.03% of the companies in the same industry.
AVO has a debt to FCF ratio of 12.57. This is a negative value and a sign of low solvency as AVO would need 12.57 years to pay back of all of its debts.
AVO has a Debt to FCF ratio of 12.57. This is comparable to the rest of the industry: AVO outperforms 57.30% of its industry peers.
AVO has a Debt/Equity ratio of 0.27. This is a healthy value indicating a solid balance between debt and equity.
AVO has a Debt to Equity ratio of 0.27. This is in the better half of the industry: AVO outperforms 67.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 12.57 | ||
| Altman-Z | 3.49 |
ROIC/WACC0.64
WACC8.25%
2.3 Liquidity
AVO has a Current Ratio of 2.04. This indicates that AVO is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of AVO (2.04) is better than 65.17% of its industry peers.
A Quick Ratio of 1.30 indicates that AVO should not have too much problems paying its short term obligations.
The Quick ratio of AVO (1.30) is better than 71.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.04 | ||
| Quick Ratio | 1.3 |
3. Growth
3.1 Past
AVO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 33.33%, which is quite impressive.
AVO shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -12.88% yearly.
The Revenue has grown by 25.34% in the past year. This is a very strong growth!
The Revenue has been growing slightly by 6.93% on average over the past years.
EPS 1Y (TTM)33.33%
EPS 3Y0%
EPS 5Y-12.88%
EPS Q2Q%13.04%
Revenue 1Y (TTM)25.34%
Revenue growth 3Y11.46%
Revenue growth 5Y6.93%
Sales Q2Q%10.4%
3.2 Future
AVO is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -12.57% yearly.
The Revenue is expected to grow by 8.79% on average over the next years. This is quite good.
EPS Next Y-17.43%
EPS Next 2Y-12.57%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year23.29%
Revenue Next 2Y8.79%
Revenue Next 3YN/A
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 stable.
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
Based on the Price/Earnings ratio of 16.49, the valuation of AVO can be described as correct.
AVO's Price/Earnings ratio is a bit cheaper when compared to the industry. AVO is cheaper than 66.29% of the companies in the same industry.
AVO is valuated rather cheaply when we compare the Price/Earnings ratio to 27.41, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 22.15 indicates a rather expensive valuation of AVO.
AVO's Price/Forward Earnings is on the same level as the industry average.
AVO's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.49 | ||
| Fwd PE | 22.15 |
4.2 Price Multiples
AVO's Enterprise Value to EBITDA ratio is in line with the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as AVO.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 69.67 | ||
| EV/EBITDA | 9.94 |
4.3 Compensation for Growth
AVO's earnings are expected to decrease with -12.57% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-12.57%
EPS Next 3YN/A
5. Dividend
5.1 Amount
AVO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
12.53
+0.01 (+0.08%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners34.54%
Inst Owner Change-1.42%
Ins Owners22.01%
Ins Owner Change2.62%
Market Cap884.87M
Analysts80
Price Target17.68 (41.1%)
Short Float %4.44%
Short Ratio5.68
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)2
Avg EPS beat(2)96.78%
Min EPS beat(2)77.54%
Max EPS beat(2)116.02%
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)18.89%
Min Revenue beat(2)10.59%
Max Revenue beat(2)27.19%
Revenue beat(4)4
Avg Revenue beat(4)28.22%
Min Revenue beat(4)10.59%
Max Revenue beat(4)59.21%
Revenue beat(8)7
Avg Revenue beat(8)24.87%
Revenue beat(12)10
Avg Revenue beat(12)16.85%
Revenue beat(16)11
Avg Revenue beat(16)12.2%
PT rev (1m)1.96%
PT rev (3m)1.96%
EPS NQ rev (1m)-0.71%
EPS NQ rev (3m)-0.71%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-0.2%
Revenue NQ rev (3m)4.28%
Revenue NY rev (1m)2.01%
Revenue NY rev (3m)2.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.49 | ||
| Fwd PE | 22.15 | ||
| P/S | 0.62 | ||
| P/FCF | 69.67 | ||
| P/OCF | 14.9 | ||
| P/B | 1.56 | ||
| P/tB | 1.67 | ||
| EV/EBITDA | 9.94 |
EPS(TTM)0.76
EY6.07%
EPS(NY)0.57
Fwd EY4.51%
FCF(TTM)0.18
FCFY1.44%
OCF(TTM)0.84
OCFY6.71%
SpS20.2
BVpS8.05
TBVpS7.5
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.89% | ||
| ROE | 6.86% | ||
| ROCE | 7.65% | ||
| ROIC | 5.28% | ||
| ROICexc | 5.56% | ||
| ROICexgc | 5.84% | ||
| OM | 4.63% | ||
| PM (TTM) | 2.73% | ||
| GM | 11.29% | ||
| FCFM | 0.89% |
ROA(3y)-0.15%
ROA(5y)1.68%
ROE(3y)-0.25%
ROE(5y)2.75%
ROIC(3y)2.39%
ROIC(5y)3.88%
ROICexc(3y)2.57%
ROICexc(5y)4.41%
ROICexgc(3y)2.71%
ROICexgc(5y)4.89%
ROCE(3y)3.47%
ROCE(5y)5.61%
ROICexcg growth 3Y-3.05%
ROICexcg growth 5Y-16.85%
ROICexc growth 3Y-1%
ROICexc growth 5Y-15.2%
OM growth 3Y-8.38%
OM growth 5Y-15.09%
PM growth 3Y-16.11%
PM growth 5Y-18.2%
GM growth 3Y-4%
GM growth 5Y-6.75%
F-Score9
Asset Turnover1.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 12.57 | ||
| Debt/EBITDA | 1.54 | ||
| Cap/Depr | 136.15% | ||
| Cap/Sales | 3.27% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 59.22% | ||
| Profit Quality | 32.56% | ||
| Current Ratio | 2.04 | ||
| Quick Ratio | 1.3 | ||
| Altman-Z | 3.49 |
F-Score9
WACC8.25%
ROIC/WACC0.64
Cap/Depr(3y)161.34%
Cap/Depr(5y)243.13%
Cap/Sales(3y)4.56%
Cap/Sales(5y)5.94%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)33.33%
EPS 3Y0%
EPS 5Y-12.88%
EPS Q2Q%13.04%
EPS Next Y-17.43%
EPS Next 2Y-12.57%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)25.34%
Revenue growth 3Y11.46%
Revenue growth 5Y6.93%
Sales Q2Q%10.4%
Revenue Next Year23.29%
Revenue Next 2Y8.79%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y48.98%
EBIT growth 3Y2.12%
EBIT growth 5Y-9.21%
EBIT Next Year180.81%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y135.98%
FCF growth 3YN/A
FCF growth 5Y-0.55%
OCF growth 1Y92.23%
OCF growth 3Y25.72%
OCF growth 5Y0.17%