AVEPOINT INC (AVPT) Stock Fundamental Analysis
NASDAQ:AVPT - US0536041041 - Common Stock
15.62 USD
+0.65 (+4.34%)
15.4 USD
-0.22 (-1.41%)
We assign a fundamental rating of 6 out of 10 to AVPT. AVPT was compared to 283 industry peers in the Software industry. AVPT is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. AVPT is not overvalued while it is showing excellent growth. This is an interesting combination.
1. Profitability
1.1 Basic Checks
In the past year AVPT was profitable.
AVPT had a positive operating cash flow in the past year.
In the past 5 years AVPT always reported negative net income.
Of the past 5 years AVPT 4 years had a positive operating cash flow.
1.2 Ratios
AVPT's Return On Assets of -4.00% is in line compared to the rest of the industry. AVPT outperforms 48.76% of its industry peers.
The Return On Equity of AVPT (-6.66%) is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 2.76%, AVPT is in the better half of the industry, outperforming 69.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4% | ||
| ROE | -6.66% | ||
| ROIC | 2.76% |
ROA(3y)-6.84%
ROA(5y)-13.69%
ROE(3y)-13.09%
ROE(5y)-73.41%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
AVPT has a Operating Margin of 3.91%. This is in the better half of the industry: AVPT outperforms 68.20% of its industry peers.
The Gross Margin of AVPT (75.36%) is better than 67.49% of its industry peers.
AVPT's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.91% | ||
| PM (TTM) | N/A | ||
| GM | 75.36% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.13%
GM growth 5Y1.79%
2. Health
2.1 Basic Checks
AVPT 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, AVPT has more shares outstanding
Compared to 5 years ago, AVPT has more shares outstanding
There is no outstanding debt for AVPT. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 7.88 indicates that AVPT is not in any danger for bankruptcy at the moment.
AVPT has a Altman-Z score of 7.88. This is amongst the best in the industry. AVPT outperforms 82.69% of its industry peers.
There is no outstanding debt for AVPT. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 7.88 |
ROIC/WACC0.24
WACC11.35%
2.3 Liquidity
AVPT has a Current Ratio of 2.15. This indicates that AVPT is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.15, AVPT is in the better half of the industry, outperforming 64.66% of the companies in the same industry.
AVPT has a Quick Ratio of 2.15. This indicates that AVPT is financially healthy and has no problem in meeting its short term obligations.
AVPT has a better Quick ratio (2.15) than 65.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.15 | ||
| Quick Ratio | 2.15 |
3. Growth
3.1 Past
AVPT shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -8.33%.
Looking at the last year, AVPT shows a very strong growth in Revenue. The Revenue has grown by 21.58%.
Measured over the past years, AVPT shows a very strong growth in Revenue. The Revenue has been growing by 23.27% on average per year.
EPS 1Y (TTM)-8.33%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%400%
Revenue 1Y (TTM)21.58%
Revenue growth 3Y19.86%
Revenue growth 5Y23.27%
Sales Q2Q%30.86%
3.2 Future
Based on estimates for the next years, AVPT will show a very strong growth in Earnings Per Share. The EPS will grow by 110.93% on average per year.
AVPT is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 23.13% yearly.
EPS Next Y440.6%
EPS Next 2Y162.72%
EPS Next 3Y110.93%
EPS Next 5YN/A
Revenue Next Year21.88%
Revenue Next 2Y19.89%
Revenue Next 3Y20.62%
Revenue Next 5Y23.13%
3.3 Evolution
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
With a Price/Earnings ratio of 142.00, AVPT can be considered very expensive at the moment.
AVPT's Price/Earnings ratio is in line with the industry average.
AVPT's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.24.
The Price/Forward Earnings ratio is 45.26, which means the current valuation is very expensive for AVPT.
AVPT's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of AVPT to the average of the S&P500 Index (35.82), we can say AVPT is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 142 | ||
| Fwd PE | 45.26 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AVPT is on the same level as its industry peers.
AVPT's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. AVPT is cheaper than 65.72% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 42.66 | ||
| EV/EBITDA | 146.46 |
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.
A more expensive valuation may be justified as AVPT's earnings are expected to grow with 110.93% in the coming years.
PEG (NY)0.32
PEG (5Y)N/A
EPS Next 2Y162.72%
EPS Next 3Y110.93%
5. Dividend
5.1 Amount
No dividends for AVPT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
15.62
+0.65 (+4.34%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners60.98%
Inst Owner Change5.27%
Ins Owners32.62%
Ins Owner Change-5.88%
Market Cap3.31B
Analysts81.33
Price Target21.61 (38.35%)
Short Float %3.56%
Short Ratio3.51
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)-85.69%
Min EPS beat(2)-180.31%
Max EPS beat(2)8.93%
EPS beat(4)2
Avg EPS beat(4)-73.12%
Min EPS beat(4)-180.31%
Max EPS beat(4)18.43%
EPS beat(8)5
Avg EPS beat(8)-31.36%
EPS beat(12)8
Avg EPS beat(12)-45.2%
EPS beat(16)9
Avg EPS beat(16)-588.81%
Revenue beat(2)1
Avg Revenue beat(2)1.11%
Min Revenue beat(2)-0.69%
Max Revenue beat(2)2.91%
Revenue beat(4)3
Avg Revenue beat(4)2.08%
Min Revenue beat(4)-0.69%
Max Revenue beat(4)4.41%
Revenue beat(8)7
Avg Revenue beat(8)2.22%
Revenue beat(12)8
Avg Revenue beat(12)1.06%
Revenue beat(16)11
Avg Revenue beat(16)0.58%
PT rev (1m)4.45%
PT rev (3m)12.5%
EPS NQ rev (1m)-4.41%
EPS NQ rev (3m)0.31%
EPS NY rev (1m)0%
EPS NY rev (3m)1.15%
Revenue NQ rev (1m)0.06%
Revenue NQ rev (3m)1.02%
Revenue NY rev (1m)-0.01%
Revenue NY rev (3m)1.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 142 | ||
| Fwd PE | 45.26 | ||
| P/S | 9.48 | ||
| P/FCF | 42.66 | ||
| P/OCF | 40.54 | ||
| P/B | 9.21 | ||
| P/tB | 10.63 | ||
| EV/EBITDA | 146.46 |
EPS(TTM)0.11
EY0.7%
EPS(NY)0.35
Fwd EY2.21%
FCF(TTM)0.37
FCFY2.34%
OCF(TTM)0.39
OCFY2.47%
SpS1.65
BVpS1.7
TBVpS1.47
PEG (NY)0.32
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4% | ||
| ROE | -6.66% | ||
| ROCE | 3.5% | ||
| ROIC | 2.76% | ||
| ROICexc | 27.77% | ||
| ROICexgc | N/A | ||
| OM | 3.91% | ||
| PM (TTM) | N/A | ||
| GM | 75.36% | ||
| FCFM | 22.23% |
ROA(3y)-6.84%
ROA(5y)-13.69%
ROE(3y)-13.09%
ROE(5y)-73.41%
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 3YN/A
ROICexcg 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 3Y1.13%
GM growth 5Y1.79%
F-Score5
Asset Turnover0.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 72.45% | ||
| Cap/Sales | 1.16% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 424.02% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.15 | ||
| Quick Ratio | 2.15 | ||
| Altman-Z | 7.88 |
F-Score5
WACC11.35%
ROIC/WACC0.24
Cap/Depr(3y)70.47%
Cap/Depr(5y)101.2%
Cap/Sales(3y)1.12%
Cap/Sales(5y)1.06%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-8.33%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%400%
EPS Next Y440.6%
EPS Next 2Y162.72%
EPS Next 3Y110.93%
EPS Next 5YN/A
Revenue 1Y (TTM)21.58%
Revenue growth 3Y19.86%
Revenue growth 5Y23.27%
Sales Q2Q%30.86%
Revenue Next Year21.88%
Revenue Next 2Y19.89%
Revenue Next 3Y20.62%
Revenue Next 5Y23.13%
EBIT growth 1Y240.57%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year45.69%
EBIT Next 3Y38.82%
EBIT Next 5YN/A
FCF growth 1Y2122.84%
FCF growth 3Y222.06%
FCF growth 5YN/A
OCF growth 1Y1136.86%
OCF growth 3Y160.48%
OCF growth 5YN/A