AVJennings Limited engages in the development of residential properties in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.60|
|52 Week High||AU$0.48|
|52 Week Low||AU$0.66|
|1 Month Change||-1.63%|
|3 Month Change||-2.42%|
|1 Year Change||18.63%|
|3 Year Change||0%|
|5 Year Change||2.54%|
|Change since IPO||8.04%|
Recent News & Updates
Is AVJennings (ASX:AVJ) A Risky Investment?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
|AVJ||AU Real Estate||AU Market|
Return vs Industry: AVJ exceeded the Australian Real Estate industry which returned 4.8% over the past year.
Return vs Market: AVJ underperformed the Australian Market which returned 21.4% over the past year.
Stable Share Price: AVJ is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: AVJ's weekly volatility (4%) has been stable over the past year.
About the Company
AVJennings Limited engages in the development of residential properties in Australia. It is involved in the development and sale of land and apartment, and integrated housing activities. The company was founded in 1932 and is based in Hawthorn, Australia.
AVJennings Fundamentals Summary
|AVJ fundamental statistics|
Is AVJ overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AVJ income statement (TTM)|
|Cost of Revenue||AU$241.61m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.046|
|Net Profit Margin||6.02%|
How did AVJ perform over the long term?See historical performance and comparison
4.1%Current Dividend Yield
Is AVJennings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AVJ (A$0.61) is trading below our estimate of fair value (A$21.83)
Significantly Below Fair Value: AVJ is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AVJ is good value based on its PE Ratio (13.1x) compared to the Australian Real Estate industry average (17.6x).
PE vs Market: AVJ is good value based on its PE Ratio (13.1x) compared to the Australian market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AVJ's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AVJ is good value based on its PB Ratio (0.6x) compared to the AU Real Estate industry average (1.1x).
How is AVJennings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as AVJennings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has AVJennings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AVJ has high quality earnings.
Growing Profit Margin: AVJ's current net profit margins (6%) are higher than last year (3.4%).
Past Earnings Growth Analysis
Earnings Trend: AVJ's earnings have declined by 28% per year over the past 5 years.
Accelerating Growth: AVJ's earnings growth over the past year (107%) exceeds its 5-year average (-28% per year).
Earnings vs Industry: AVJ earnings growth over the past year (107%) exceeded the Real Estate industry 84%.
Return on Equity
High ROE: AVJ's Return on Equity (4.6%) is considered low.
How is AVJennings's financial position?
Financial Position Analysis
Short Term Liabilities: AVJ's short term assets (A$215.1M) exceed its short term liabilities (A$41.9M).
Long Term Liabilities: AVJ's short term assets (A$215.1M) exceed its long term liabilities (A$174.2M).
Debt to Equity History and Analysis
Debt Level: AVJ's debt to equity ratio (33.9%) is considered satisfactory.
Reducing Debt: AVJ's debt to equity ratio has reduced from 48.3% to 33.9% over the past 5 years.
Debt Coverage: AVJ's debt is well covered by operating cash flow (46.2%).
Interest Coverage: AVJ's interest payments on its debt are well covered by EBIT (174.3x coverage).
What is AVJennings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AVJ's dividend (4.13%) is higher than the bottom 25% of dividend payers in the Australian market (2.27%).
High Dividend: AVJ's dividend (4.13%) is low compared to the top 25% of dividend payers in the Australian market (5.31%).
Stability and Growth of Payments
Stable Dividend: AVJ's dividend payments have been volatile in the past 10 years.
Growing Dividend: AVJ's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (54.2%), AVJ's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Peter K. Summers, BEc., CA has been the Chief Executive Officer and Managing Director of AVJennings Limited, a subsidiary of SC Global Developments Ltd. (formerly AVJennings Homes Ltd.) since February...
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($USD961.16K) is above average for companies of similar size in the Australian market ($USD559.78K).
Compensation vs Earnings: Peter's compensation has increased by more than 20% in the past year.
Experienced Management: AVJ's management team is seasoned and experienced (12.3 years average tenure).
Experienced Board: AVJ's board of directors are seasoned and experienced ( 16 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
AVJennings Limited's employee growth, exchange listings and data sources
- Name: AVJennings Limited
- Ticker: AVJ
- Exchange: ASX
- Founded: 1932
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: AU$245.324m
- Shares outstanding: 405.49m
- Website: https://www.avjennings.com.au
- AVJennings Limited
- 108 Power Street
- Level 4
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 07:02|
|End of Day Share Price||2021/10/22 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.