MISSION PRODUCE INC (AVO) Stock Fundamental Analysis
NASDAQ:AVO - Nasdaq - US60510V1089 - Common Stock - Currency: USD
Overall AVO gets a fundamental rating of 4 out of 10. We evaluated AVO against 91 industry peers in the Food Products industry. AVO has only an average score on both its financial health and profitability. While showing a medium growth rate, AVO is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
AVO had positive earnings in the past year.
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
The Return On Assets of AVO (3.63%) is better than 64.13% of its industry peers.
Looking at the Return On Equity, with a value of 6.64%, AVO is in line with its industry, outperforming 58.70% of the companies in the same industry.
AVO has a Return On Invested Capital of 5.01%. This is comparable to the rest of the industry: AVO outperforms 55.43% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AVO is significantly below the industry average of 28.11%.
The last Return On Invested Capital (5.01%) for AVO is above the 3 year average (2.39%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.63% | ||
| ROE | 6.64% | ||
| ROIC | 5.01% |
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
With a Profit Margin value of 2.63%, AVO perfoms like the industry average, outperforming 58.70% of the companies in the same industry.
In the last couple of years the Profit Margin of AVO has declined.
Looking at the Operating Margin, with a value of 4.47%, AVO is in line with its industry, outperforming 55.43% of the companies in the same industry.
In the last couple of years the Operating Margin of AVO has declined.
AVO has a worse Gross Margin (11.01%) than 68.48% of its industry peers.
In the last couple of years the Gross Margin of AVO has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.47% | ||
| PM (TTM) | 2.63% | ||
| GM | 11.01% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AVO is destroying value.
Compared to 1 year ago, AVO has more shares outstanding
The number of shares outstanding for AVO has been increased compared to 5 years ago.
Compared to 1 year ago, AVO has an improved debt to assets ratio.
2.2 Solvency
AVO has an Altman-Z score of 3.31. This indicates that AVO is financially healthy and has little risk of bankruptcy at the moment.
AVO's Altman-Z score of 3.31 is fine compared to the rest of the industry. AVO outperforms 70.65% of its industry peers.
AVO has a debt to FCF ratio of 6.87. This is a slightly negative value and a sign of low solvency as AVO would need 6.87 years to pay back of all of its debts.
AVO's Debt to FCF ratio of 6.87 is fine compared to the rest of the industry. AVO outperforms 71.74% of its industry peers.
AVO has a Debt/Equity ratio of 0.30. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of AVO (0.30) is better than 64.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 6.87 | ||
| Altman-Z | 3.31 |
ROIC/WACC0.59
WACC8.48%
2.3 Liquidity
AVO has a Current Ratio of 1.98. This is a normal value and indicates that AVO is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Current ratio value of 1.98, AVO is doing good in the industry, outperforming 61.96% of the companies in the same industry.
A Quick Ratio of 1.23 indicates that AVO should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.23, AVO is doing good in the industry, outperforming 69.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.98 | ||
| Quick Ratio | 1.23 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 48.98% over the past year.
Measured over the past years, AVO shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -12.88% on average per year.
The Revenue has grown by 29.50% in the past year. This is a very strong growth!
Measured over the past years, AVO shows a small growth in Revenue. The Revenue has been growing by 6.93% on average per year.
EPS 1Y (TTM)48.98%
EPS 3Y0%
EPS 5Y-12.88%
EPS Q2Q%-14.29%
Revenue 1Y (TTM)29.5%
Revenue growth 3Y11.46%
Revenue growth 5Y6.93%
Sales Q2Q%27.79%
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.
AVO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.57% yearly.
EPS Next Y-17.43%
EPS Next 2Y-12.57%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year20.86%
Revenue Next 2Y6.57%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 16.63, which indicates a correct valuation of AVO.
AVO's Price/Earnings ratio is a bit cheaper when compared to the industry. AVO is cheaper than 66.30% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.41, AVO is valued a bit cheaper.
AVO is valuated rather expensively with a Price/Forward Earnings ratio of 21.46.
63.04% of the companies in the same industry are more expensive than AVO, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of AVO to the average of the S&P500 Index (35.19), we can say AVO is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.63 | ||
| Fwd PE | 21.46 |
4.2 Price Multiples
AVO's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AVO is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.29 | ||
| EV/EBITDA | 10.22 |
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
No dividends for AVO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
12.14
-0.33 (-2.65%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners34.77%
Inst Owner Change0%
Ins Owners22%
Ins Owner Change2.12%
Market Cap857.33M
Analysts80
Price Target17.34 (42.83%)
Short Float %3.22%
Short Ratio4.39
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)206.03%
Min EPS beat(2)116.02%
Max EPS beat(2)296.04%
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)21.54%
Min Revenue beat(2)15.9%
Max Revenue beat(2)27.19%
Revenue beat(4)4
Avg Revenue beat(4)35.3%
Min Revenue beat(4)15.9%
Max Revenue beat(4)59.21%
Revenue beat(8)7
Avg Revenue beat(8)24.36%
Revenue beat(12)10
Avg Revenue beat(12)16.75%
Revenue beat(16)10
Avg Revenue beat(16)11.48%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-6.45%
EPS NY rev (1m)11.01%
EPS NY rev (3m)11.01%
Revenue NQ rev (1m)9.82%
Revenue NQ rev (3m)13.93%
Revenue NY rev (1m)11.54%
Revenue NY rev (3m)11.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.63 | ||
| Fwd PE | 21.46 | ||
| P/S | 0.62 | ||
| P/FCF | 34.29 | ||
| P/OCF | 12.7 | ||
| P/B | 1.55 | ||
| P/tB | 1.67 | ||
| EV/EBITDA | 10.22 |
EPS(TTM)0.73
EY6.01%
EPS(NY)0.57
Fwd EY4.66%
FCF(TTM)0.35
FCFY2.92%
OCF(TTM)0.96
OCFY7.87%
SpS19.72
BVpS7.82
TBVpS7.26
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.63% | ||
| ROE | 6.64% | ||
| ROCE | 7.24% | ||
| ROIC | 5.01% | ||
| ROICexc | 5.23% | ||
| ROICexgc | 5.5% | ||
| OM | 4.47% | ||
| PM (TTM) | 2.63% | ||
| GM | 11.01% | ||
| FCFM | 1.79% |
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-Score7
Asset Turnover1.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 6.87 | ||
| Debt/EBITDA | 1.72 | ||
| Cap/Depr | 122.13% | ||
| Cap/Sales | 3.05% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 69.52% | ||
| Profit Quality | 68.12% | ||
| Current Ratio | 1.98 | ||
| Quick Ratio | 1.23 | ||
| Altman-Z | 3.31 |
F-Score7
WACC8.48%
ROIC/WACC0.59
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)48.98%
EPS 3Y0%
EPS 5Y-12.88%
EPS Q2Q%-14.29%
EPS Next Y-17.43%
EPS Next 2Y-12.57%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)29.5%
Revenue growth 3Y11.46%
Revenue growth 5Y6.93%
Sales Q2Q%27.79%
Revenue Next Year20.86%
Revenue Next 2Y6.57%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y61.82%
EBIT growth 3Y2.12%
EBIT growth 5Y-9.21%
EBIT Next Year176.31%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y219.62%
FCF growth 3YN/A
FCF growth 5Y-0.55%
OCF growth 1Y46.42%
OCF growth 3Y25.72%
OCF growth 5Y0.17%