AVJennings Limited engages in the development of residential properties in Australia. More Details
Reasonable growth potential and slightly overvalued.
Share Price & News
How has AVJennings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AVJ has not had significant price volatility in the past 3 months.
7 Day Return
AU Real Estate
1 Year Return
AU Real Estate
Return vs Industry: AVJ exceeded the Australian Real Estate industry which returned -23.5% over the past year.
Return vs Market: AVJ underperformed the Australian Market which returned -5.7% over the past year.
Price Volatility Vs. Market
How volatile is AVJennings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall StShould You Use AVJennings's (ASX:AVJ) Statutory Earnings To Analyse It?
3 weeks ago | Simply Wall StHere's Why AVJennings (ASX:AVJ) Is Weighed Down By Its Debt Load
1 month ago | Simply Wall StWhat We Learned About AVJennings' (ASX:AVJ) CEO Compensation
Is AVJennings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: AVJ (A$0.52) is trading above our estimate of fair value (A$0.32)
Significantly Below Fair Value: AVJ is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AVJ's PE Ratio (23.4x) is in line with the AU Real Estate industry average.
PE vs Market: AVJ is poor value based on its PE Ratio (23.4x) compared to the Australian market (21.5x).
Price to Earnings Growth Ratio
PEG Ratio: AVJ is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: AVJ is good value based on its PB Ratio (0.5x) compared to the AU Real Estate industry average (0.9x).
How is AVJennings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AVJ's forecast earnings growth (45.8% per year) is above the savings rate (2.3%).
Earnings vs Market: AVJ's earnings (45.8% per year) are forecast to grow faster than the Australian market (17.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AVJ's revenue (16.6% per year) is forecast to grow faster than the Australian market (4.7% per year).
High Growth Revenue: AVJ's revenue (16.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AVJ's Return on Equity is forecast to be low in 3 years time (5.8%).
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 (3.4%) are lower than last year (5.6%).
Past Earnings Growth Analysis
Earnings Trend: AVJ's earnings have declined by 19% per year over the past 5 years.
Accelerating Growth: AVJ's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AVJ had negative earnings growth (-45.1%) over the past year, making it difficult to compare to the Real Estate industry average (-39.6%).
Return on Equity
High ROE: AVJ's Return on Equity (2.3%) is considered low.
How is AVJennings's financial position?
Financial Position Analysis
Short Term Liabilities: AVJ's short term assets (A$219.5M) exceed its short term liabilities (A$24.3M).
Long Term Liabilities: AVJ's short term assets (A$219.5M) do not cover its long term liabilities (A$237.7M).
Debt to Equity History and Analysis
Debt Level: AVJ's debt to equity ratio (48.4%) is considered high.
Reducing Debt: AVJ's debt to equity ratio has increased from 37.9% to 48.4% over the past 5 years.
Debt Coverage: AVJ's debt is not well covered by operating cash flow (5.2%).
Interest Coverage: AVJ earns more interest than it pays, so coverage of interest payments is not a concern.
What is AVJennings's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AVJ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AVJ's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AVJ's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AVJ's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: AVJ is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AVJ's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Peter K. Summers, BEc., CA has been the Chief Executive Officer and Managing Director of AVJennings Limited, a subsidiary of SC Global Developments Ltd. (formerly AVJennings Homes Ltd.) since February ...
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($USD675.02K) is above average for companies of similar size in the Australian market ($USD509.79K).
Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.
|MD, CEO & Director||11.67yrs||AU$957.18k||1.22% |
|Chief Financial Officer||7.92yrs||AU$447.46k||0.072% |
|Chief Operating Officer||2.17yrs||AU$515.24k||0.14% |
|General Counsel & Company Secretary||11.75yrs||AU$490.28k||0.46% |
|General Manager of Human Resources||11.33yrs||AU$301.39k||0.095% |
|Head of Corporate Communications||no data||no data||no data|
|Assistant Company Secretary||no data||no data||no data|
Experienced Management: AVJ's management team is seasoned and experienced (11.3 years average tenure).
|MD, CEO & Director||11.67yrs||AU$957.18k||1.22% |
|Non-Executive Director||8.92yrs||AU$104.20k||no data|
|Non-Executive Chairman||15yrs||no data||no data|
|Non-Executive Director||3.33yrs||no data||no data|
|Non-Executive Director||15yrs||AU$116.80k||no data|
|Independent Non-Executive Director||15yrs||AU$88.93k||0.058% |
|Independent Non-Executive Deputy Chairman||no data||AU$121.80k||0.091% |
|Independent Non-Executive Director||1.58yrs||AU$77.33k||0.0062% |
Experienced Board: AVJ's board of directors are seasoned and experienced ( 15 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
AVJennings Limited's company bio, 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$215.302m
- Shares outstanding: 406.23m
- Website: https://www.avjennings.com.au
- AVJennings Limited
- 108 Power Street
- Level 4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|A05||SGX (Singapore Exchange)||Yes||Ordinary Shares||SG||AUD||Feb 1994|
|AVJ||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Feb 1994|
|AVJ||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Feb 1994|
AVJennings Limited engages in the development of residential properties in Australia. It is involved in the land and apartment development, and integrated housing activities. The company was founded in 193 ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/21 10:42|
|End of Day Share Price||2020/10/21 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.