Logo image of AVTA

AVANTAX INC (AVTA) Stock Fundamental Analysis

USA - NASDAQ:AVTA - US0952291005 - Common Stock

25.99 USD
-0.01 (-0.04%)
Last: 11/27/2023, 8:00:01 PM
25.995 USD
+0.01 (+0.02%)
After Hours: 11/27/2023, 8:00:01 PM
Fundamental Rating

3

Overall AVTA gets a fundamental rating of 3 out of 10. We evaluated AVTA against 238 industry peers in the Capital Markets industry. Both the profitability and the financial health of AVTA get a neutral evaluation. Nothing too spectacular is happening here. AVTA does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

In the past year AVTA was profitable.
In the past year AVTA has reported a negative cash flow from operations.
AVTA had positive earnings in 4 of the past 5 years.
Each year in the past 5 years AVTA had a positive operating cash flow.
AVTA Yearly Net Income VS EBIT VS OCF VS FCFAVTA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 0 200M -200M 400M

1.2 Ratios

With an excellent Return On Assets value of 45.03%, AVTA belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
Looking at the Return On Equity, with a value of 92.10%, AVTA belongs to the top of the industry, outperforming 99.51% of the companies in the same industry.
AVTA has a worse Return On Invested Capital (1.93%) than 77.56% of its industry peers.
Industry RankSector Rank
ROA 45.03%
ROE 92.1%
ROIC 1.93%
ROA(3y)4.04%
ROA(5y)4.29%
ROE(3y)-16.98%
ROE(5y)-7.03%
ROIC(3y)N/A
ROIC(5y)N/A
AVTA Yearly ROA, ROE, ROICAVTA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 0 50 -50 -100

1.3 Margins

Looking at the Profit Margin, with a value of 50.96%, AVTA belongs to the top of the industry, outperforming 88.78% of the companies in the same industry.
AVTA's Profit Margin has improved in the last couple of years.
AVTA has a Operating Margin of 2.47%. This is amonst the worse of the industry: AVTA underperforms 82.44% of its industry peers.
Looking at the Gross Margin, with a value of 39.67%, AVTA is doing worse than 68.78% of the companies in the same industry.
In the last couple of years the Gross Margin of AVTA has declined.
Industry RankSector Rank
OM 2.47%
PM (TTM) 50.96%
GM 39.67%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y111.12%
PM growth 5Y64.1%
GM growth 3Y-12.41%
GM growth 5Y-8.45%
AVTA Yearly Profit, Operating, Gross MarginsAVTA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 0 50 -50

5

2. Health

2.1 Basic Checks

Compared to 1 year ago, AVTA has less shares outstanding
AVTA has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
AVTA Yearly Shares OutstandingAVTA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 10M 20M 30M 40M
AVTA Yearly Total Debt VS Total AssetsAVTA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 200M 400M 600M 800M 1B

2.2 Solvency

Based on the Altman-Z score of 1.06, we must say that AVTA is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.06, AVTA perfoms like the industry average, outperforming 53.66% of the companies in the same industry.
AVTA has a Debt/Equity ratio of 0.62. This is a neutral value indicating AVTA is somewhat dependend on debt financing.
The Debt to Equity ratio of AVTA (0.62) is better than 65.85% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.62
Debt/FCF N/A
Altman-Z 1.06
ROIC/WACCN/A
WACCN/A
AVTA Yearly LT Debt VS Equity VS FCFAVTA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 0 200M 400M 600M

2.3 Liquidity

A Current Ratio of 2.07 indicates that AVTA has no problem at all paying its short term obligations.
With a decent Current ratio value of 2.07, AVTA is doing good in the industry, outperforming 68.78% of the companies in the same industry.
AVTA has a Quick Ratio of 2.07. This indicates that AVTA is financially healthy and has no problem in meeting its short term obligations.
With a decent Quick ratio value of 2.07, AVTA is doing good in the industry, outperforming 68.78% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.07
Quick Ratio 2.07
AVTA Yearly Current Assets VS Current LiabilitesAVTA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 100M 200M 300M

2

3. Growth

3.1 Past

The earnings per share for AVTA have decreased strongly by -99.36% in the last year.
The Earnings Per Share has been growing slightly by 3.94% on average over the past years.
Looking at the last year, AVTA shows a very strong growth in Revenue. The Revenue has grown by 63.81%.
Measured over the past years, AVTA shows a small growth in Revenue. The Revenue has been growing by 5.51% on average per year.
EPS 1Y (TTM)-99.36%
EPS 3Y-4.51%
EPS 5Y3.94%
EPS Q2Q%80%
Revenue 1Y (TTM)63.81%
Revenue growth 3Y-2.45%
Revenue growth 5Y5.51%
Sales Q2Q%16.55%

3.2 Future

The Earnings Per Share is expected to decrease by -30.17% on average over the next years. This is quite bad
Based on estimates for the next years, AVTA will show a decrease in Revenue. The Revenue will decrease by -5.38% on average per year.
EPS Next Y-76.46%
EPS Next 2Y-30.17%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-17.5%
Revenue Next 2Y-5.38%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
AVTA Yearly Revenue VS EstimatesAVTA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M
AVTA Yearly EPS VS EstimatesAVTA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0.5 1 1.5 2

1

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 2599.00, AVTA can be considered very expensive at the moment.
AVTA's Price/Earnings ratio is rather expensive when compared to the industry. AVTA is more expensive than 86.34% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.38, AVTA is valued quite expensively.
A Price/Forward Earnings ratio of 29.29 indicates a quite expensive valuation of AVTA.
Based on the Price/Forward Earnings ratio, AVTA is valued a bit more expensive than the industry average as 74.15% of the companies are valued more cheaply.
The average S&P500 Price/Forward Earnings ratio is at 22.86. AVTA is valued slightly more expensive when compared to this.
Industry RankSector Rank
PE 2599
Fwd PE 29.29
AVTA Price Earnings VS Forward Price EarningsAVTA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 500 1K 1.5K 2K 2.5K

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, AVTA is valued a bit cheaper than 61.46% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 19.11
AVTA Per share dataAVTA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15

4.3 Compensation for Growth

A cheap valuation may be justified as AVTA's earnings are expected to decrease with -30.17% in the coming years.
PEG (NY)N/A
PEG (5Y)659.11
EPS Next 2Y-30.17%
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

No dividends for AVTA!.
Industry RankSector Rank
Dividend Yield N/A

AVANTAX INC

NASDAQ:AVTA (11/27/2023, 8:00:01 PM)

After market: 25.995 +0.01 (+0.02%)

25.99

-0.01 (-0.04%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)11-06 2023-11-06/bmo
Earnings (Next)02-13 2024-02-13/amc
Inst OwnersN/A
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap956.69M
Analysts76
Price Target29.24 (12.5%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly Dividend0
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-83.58%
Min EPS beat(2)-128.01%
Max EPS beat(2)-39.15%
EPS beat(4)1
Avg EPS beat(4)-60.29%
Min EPS beat(4)-128.01%
Max EPS beat(4)32.12%
EPS beat(8)2
Avg EPS beat(8)-29.38%
EPS beat(12)6
Avg EPS beat(12)-12.59%
EPS beat(16)8
Avg EPS beat(16)-10.37%
Revenue beat(2)0
Avg Revenue beat(2)-2.28%
Min Revenue beat(2)-2.98%
Max Revenue beat(2)-1.58%
Revenue beat(4)0
Avg Revenue beat(4)-3.23%
Min Revenue beat(4)-4.69%
Max Revenue beat(4)-1.58%
Revenue beat(8)0
Avg Revenue beat(8)-29.02%
Revenue beat(12)1
Avg Revenue beat(12)-30.7%
Revenue beat(16)1
Avg Revenue beat(16)-24.58%
PT rev (1m)0%
PT rev (3m)-1.15%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)N/A
Revenue NQ rev (1m)0.19%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 2599
Fwd PE 29.29
P/S 1.31
P/FCF N/A
P/OCF N/A
P/B 2.37
P/tB N/A
EV/EBITDA 19.11
EPS(TTM)0.01
EY0.04%
EPS(NY)0.89
Fwd EY3.41%
FCF(TTM)-1.28
FCFYN/A
OCF(TTM)-0.99
OCFYN/A
SpS19.82
BVpS10.97
TBVpS-3.25
PEG (NY)N/A
PEG (5Y)659.11
Profitability
Industry RankSector Rank
ROA 45.03%
ROE 92.1%
ROCE 2.45%
ROIC 1.93%
ROICexc 2.26%
ROICexgc 13.38%
OM 2.47%
PM (TTM) 50.96%
GM 39.67%
FCFM N/A
ROA(3y)4.04%
ROA(5y)4.29%
ROE(3y)-16.98%
ROE(5y)-7.03%
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 3Y111.12%
PM growth 5Y64.1%
GM growth 3Y-12.41%
GM growth 5Y-8.45%
F-Score6
Asset Turnover0.88
Health
Industry RankSector Rank
Debt/Equity 0.62
Debt/FCF N/A
Debt/EBITDA 4.28
Cap/Depr 26.43%
Cap/Sales 1.45%
Interest Coverage 0.87
Cash Conversion N/A
Profit Quality N/A
Current Ratio 2.07
Quick Ratio 2.07
Altman-Z 1.06
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)50.52%
Cap/Depr(5y)39%
Cap/Sales(3y)3.05%
Cap/Sales(5y)2.4%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-99.36%
EPS 3Y-4.51%
EPS 5Y3.94%
EPS Q2Q%80%
EPS Next Y-76.46%
EPS Next 2Y-30.17%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)63.81%
Revenue growth 3Y-2.45%
Revenue growth 5Y5.51%
Sales Q2Q%16.55%
Revenue Next Year-17.5%
Revenue Next 2Y-5.38%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y113.9%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year63.42%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-176.92%
FCF growth 3Y3.67%
FCF growth 5Y6.23%
OCF growth 1Y-148.93%
OCF growth 3Y4.73%
OCF growth 5Y7.93%