Australian Vintage (ASX:AVG) - Stock Price, News & Analysis

AVG Stock Overview

Australian Vintage Ltd, together with its subsidiaries, produces, packages, markets, and distributes wine in Australia, the United Kingdom, Europe, Asia, North America, and internationally.

AVG fundamental analysis
Snowflake Score
Valuation	6/6
Future Growth	0/6
Past Performance	4/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 38.7% below our estimate of its fair value

Earnings grew by 24% over the past year

Risk Analysis

Earnings are forecast to decline by an average of 1.6% per year for the next 3 years

Dividend of 6.42% is not well covered

Large one-off items impacting financial results

Does not have a meaningful market cap (A$137M)

My Notes

Capture your thoughts, links and company narrative

Australian Vintage Ltd Competitors

Treasury Wine Estates

ASX:TWE

AU$9.3b

Good Drinks Australia

ASX:GDA

AU$75.1m

Clean Seas Seafood

ASX:CSS

AU$89.0m

Lynch Group Holdings

ASX:LGL

AU$210.0m

Price History & Performance

Summary of all time highs, changes and price drops for Australian Vintage
Historical stock prices
Current Share Price	AU$0.53
52 Week High	AU$0.73
52 Week Low	AU$0.53
Beta	0.93
1 Month Change	-10.17%
3 Month Change	-13.11%
1 Year Change	-27.40%
3 Year Change	36.29%
5 Year Change	-19.15%
Change since IPO	-4.60%

Recent updates

Australian Vintage's (ASX:AVG) Shareholders Will Receive A Bigger Dividend Than Last Year

Nov 16

These 4 Measures Indicate That Australian Vintage (ASX:AVG) Is Using Debt Reasonably Well

Jun 08

Do Australian Vintage's (ASX:AVG) Earnings Warrant Your Attention?

May 10

Is It Time To Consider Buying Australian Vintage Ltd (ASX:AVG)?

Apr 28

Investors Will Want Australian Vintage's (ASX:AVG) Growth In ROCE To Persist

Apr 14

Does Australian Vintage's (ASX:AVG) Share Price Gain of 94% Match Its Business Performance?

Mar 21

These 4 Measures Indicate That Australian Vintage (ASX:AVG) Is Using Debt Reasonably Well

Mar 09

How Much Of Australian Vintage Ltd (ASX:AVG) Do Insiders Own?

Feb 25

Is Australian Vintage Ltd (ASX:AVG) An Attractive Dividend Stock?

Feb 12

Should You Be Adding Australian Vintage (ASX:AVG) To Your Watchlist Today?

Jan 29

Is It Too Late To Consider Buying Australian Vintage Ltd (ASX:AVG)?

Jan 16

What Do The Returns At Australian Vintage (ASX:AVG) Mean Going Forward?

Jan 03

Read This Before Selling Australian Vintage Ltd (ASX:AVG) Shares

Dec 21

Australian Vintage (ASX:AVG) Has Compensated Shareholders With A Respectable 92% Return On Their Investment

Dec 09

What You Need To Know About Australian Vintage Ltd's (ASX:AVG) Investor Composition

Nov 27

Introducing Australian Vintage (ASX:AVG), A Stock That Climbed 27% In The Last Five Years

Aug 23

Here's What You Should Know About Australian Vintage Ltd's (ASX:AVG) 4.5% Dividend Yield

Aug 05

Australian Vintage Ltd (ASX:AVG) Doing What It Can To Lift Shares

Jul 18

Australian Vintage (ASX:AVG) Has A Somewhat Strained Balance Sheet

Jun 30

Shareholder Returns

	AVG	AU Beverage	AU Market
7D	-3.6%	0.07%	-0.6%
1Y	-27.4%	7.0%	-9.2%

Return vs Industry: AVG underperformed the Australian Beverage industry which returned 7% over the past year.

Return vs Market: AVG underperformed the Australian Market which returned -9.2% over the past year.

Price Volatility

Is AVG's price volatile compared to industry and market?
AVG volatility
AVG Average Weekly Movement	2.6%
Beverage Industry Average Movement	6.0%
Market Average Movement	8.3%
10% most volatile stocks in AU Market	14.5%
10% least volatile stocks in AU Market	3.6%

Stable Share Price: AVG is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: AVG's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1991	n/a	Craig Garvin	https://www.australianvintage.com.au

Australian Vintage Ltd, together with its subsidiaries, produces, packages, markets, and distributes wine in Australia, the United Kingdom, Europe, Asia, North America, and internationally. The company operates through Australia/New Zealand; UK, Europe & Americas; and Asia segments. It offers wine under the Nepenthe, McGuigan Wines, Tempus Two, and Barossa Valley Wine Company brands.

Australian Vintage Ltd Fundamentals Summary

How do Australian Vintage's earnings and revenue compare to its market cap?
AVG fundamental statistics
Market Cap	AU$136.72m
Earnings (TTM)	AU$20.23m
Revenue (TTM)	AU$259.21m

6.6x

P/E Ratio

0.5x

P/S Ratio

Is AVG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
AVG income statement (TTM)
Revenue	AU$259.21m
Cost of Revenue	AU$180.47m
Gross Profit	AU$78.75m
Other Expenses	AU$58.51m
Earnings	AU$20.23m

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	0.08
Gross Margin	30.38%
Net Profit Margin	7.81%
Debt/Equity Ratio	19.6%

How did AVG perform over the long term?

See historical performance and comparison

Dividends

6.4%

Current Dividend Yield

43%

Payout Ratio

AVG Stock Overview

Rewards

Risk Analysis

Australian Vintage Ltd Competitors

ASX:TWE

AU$9.3b

ASX:GDA

AU$75.1m

ASX:CSS

AU$89.0m

ASX:LGL

AU$210.0m

Price History & Performance

Recent News & Updates

Price target decreased by 12% to AU$0.67

Now 20% undervalued after recent price drop

First half 2023 earnings released: EPS: AU$0.051 (vs AU$0.04 in 1H 2022)

Warakirri Farmland Fund, managed by Warakirri Asset Management Pty Ltd completed the acquisition of Two Large Scale Vineyards from Australian Vintage Ltd (ASX : AVG).

Insufficient new directors

Upcoming dividend of AU$0.034 per share

Recent updates

Price target decreased by 12% to AU$0.67

Now 20% undervalued after recent price drop

First half 2023 earnings released: EPS: AU$0.051 (vs AU$0.04 in 1H 2022)

Warakirri Farmland Fund, managed by Warakirri Asset Management Pty Ltd completed the acquisition of Two Large Scale Vineyards from Australian Vintage Ltd (ASX : AVG).

Insufficient new directors

Upcoming dividend of AU$0.034 per share

Australian Vintage's (ASX:AVG) Shareholders Will Receive A Bigger Dividend Than Last Year

Australian Vintage (ASX:AVG) Is Paying Out A Larger Dividend Than Last Year

Australian Vintage Ltd, Annual General Meeting, Nov 23, 2022

Consensus EPS estimates fall by 11%

Australian Vintage (ASX:AVG) Is Increasing Its Dividend To A$0.034

Full year 2022 earnings released: EPS: AU$0.069 (vs AU$0.078 in FY 2021)

Australian Vintage Ltd Announces Final Dividend for the Year Ended June 30, 2022, Payable on December 16, 2022

Australian Vintage Ltd Announces Resignation of Jiang Yuan (Dixon) as Director

Australian Vintage Ltd to Report Fiscal Year 2022 Results on Aug 24, 2022

Price target decreased to AU$0.82

Independent Non-Executive Chairman recently bought AU$88k worth of stock

First half 2022 earnings: EPS in line with expectations, revenues disappoint

Independent Non-Executive Director recently bought AU$91k worth of stock

Independent Non-Executive Director recently bought AU$51k worth of stock

Upcoming dividend of AU$0.027 per share

Price target increased to AU$1.06

Full year 2021 earnings released: EPS AU$0.07 (vs AU$0.043 in FY 2020)

Returns At Australian Vintage (ASX:AVG) Are On The Way Up

Upcoming dividend of AU$0.085 per share

These 4 Measures Indicate That Australian Vintage (ASX:AVG) Is Using Debt Reasonably Well

Do Australian Vintage's (ASX:AVG) Earnings Warrant Your Attention?

Australian Vintage Ltd Provides Earnings Guidance for the Year 2021

Is It Time To Consider Buying Australian Vintage Ltd (ASX:AVG)?

Investors Will Want Australian Vintage's (ASX:AVG) Growth In ROCE To Persist

Does Australian Vintage's (ASX:AVG) Share Price Gain of 94% Match Its Business Performance?

These 4 Measures Indicate That Australian Vintage (ASX:AVG) Is Using Debt Reasonably Well

First half 2021 earnings released: EPS AU$0.047 (vs AU$0.021 in 1H 2020)

How Much Of Australian Vintage Ltd (ASX:AVG) Do Insiders Own?

New 90-day high: AU$0.64

Australian Vintage Ltd to Report First Half, 2021 Results on Feb 24, 2021

Is Australian Vintage Ltd (ASX:AVG) An Attractive Dividend Stock?

Should You Be Adding Australian Vintage (ASX:AVG) To Your Watchlist Today?

Is It Too Late To Consider Buying Australian Vintage Ltd (ASX:AVG)?

What Do The Returns At Australian Vintage (ASX:AVG) Mean Going Forward?

Read This Before Selling Australian Vintage Ltd (ASX:AVG) Shares

Australian Vintage (ASX:AVG) Has Compensated Shareholders With A Respectable 92% Return On Their Investment

Non-Independent Non-Executive Director recently bought AU$307k worth of stock

What You Need To Know About Australian Vintage Ltd's (ASX:AVG) Investor Composition

New 90-day high: AU$0.53

New 90-day high: AU$0.50

Analysts update estimates

Price target raised to AU$0.62

New 90-day high - AU$0.47

Full year earnings released - EPS AU$0.039

Introducing Australian Vintage (ASX:AVG), A Stock That Climbed 27% In The Last Five Years

Here's What You Should Know About Australian Vintage Ltd's (ASX:AVG) 4.5% Dividend Yield

New 90-day high - AU$0.45

Australian Vintage Ltd (ASX:AVG) Doing What It Can To Lift Shares

Australian Vintage (ASX:AVG) Has A Somewhat Strained Balance Sheet

Australian Vintage Ltd(ASX:AVG) dropped from S&P/ASX All Ordinaries Index

Shareholder Returns

Price Volatility

About the Company