| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
AVP Stock Overview
Avcorp Industries Inc. engages in the production and supply of airframe structures and aircraft parts to aircraft manufacturers in Canada, the United States, Europe, Asia, Australia, and internationally.
Avcorp Industries Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$0.10 |
| 52 Week High | CA$0.12 |
| 52 Week Low | CA$0.06 |
| Beta | 2.01 |
| 1 Month Change | -4.55% |
| 3 Month Change | 5.00% |
| 1 Year Change | -4.55% |
| 3 Year Change | 90.91% |
| 5 Year Change | 90.91% |
| Change since IPO | -98.86% |
Recent News & Updates
Shareholder Returns
| AVP | CA Aerospace & Defense | CA Market | |
|---|---|---|---|
| 7D | 0% | -0.3% | -2.3% |
| 1Y | -4.5% | -24.8% | -5.3% |
Return vs Industry: AVP exceeded the Canadian Aerospace & Defense industry which returned -25.7% over the past year.
Return vs Market: AVP matched the Canadian Market which returned -4.5% over the past year.
Price Volatility
| AVP volatility | |
|---|---|
| AVP Average Weekly Movement | 9.0% |
| Aerospace & Defense Industry Average Movement | 9.1% |
| Market Average Movement | 10.0% |
| 10% most volatile stocks in CA Market | 17.4% |
| 10% least volatile stocks in CA Market | 4.4% |
Stable Share Price: AVP is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: AVP's weekly volatility has decreased from 15% to 9% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1991 | 492 | Amandeep Kaler | https://www.avcorp.com |
Avcorp Industries Inc. engages in the production and supply of airframe structures and aircraft parts to aircraft manufacturers in Canada, the United States, Europe, Asia, Australia, and internationally. It is also involved in the provision of metallic and composite aerostructures assembly and integration services; and aircraft structural component repair services, as well as designs, manufactures, and fabricates composite aerostructures, as well as aircraft product design and production tooling. It also offers horizontal and vertical stabilizers, fuel tanks, rotorcraft nose enclosures, wing assemblies, wheel well fairings, overwing exit doors, rocket nozzles, and fairings; composite wing skins, flap track fairings, floor beams, floor panels, access panels, engine components, nacelle straps, and stringers; and repair services for engine cowls, inlets, nozzles, leading edges, control surfaces, access panels, radomes, air stairs, and ducts.
Avcorp Industries Fundamentals Summary
| AVP fundamental statistics | |
|---|---|
| Market Cap | CA$38.95m |
| Earnings (TTM) | -CA$19.12m |
| Revenue (TTM) | CA$103.40m |
0.4x
P/S Ratio-2.0x
P/E RatioIs AVP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AVP income statement (TTM) | |
|---|---|
| Revenue | CA$103.40m |
| Cost of Revenue | CA$99.33m |
| Gross Profit | CA$4.07m |
| Other Expenses | CA$23.19m |
| Earnings | -CA$19.12m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.052 |
| Gross Margin | 3.93% |
| Net Profit Margin | -18.49% |
| Debt/Equity Ratio | -187.0% |
How did AVP perform over the long term?
See historical performance and comparisonValuation
Is AVP undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for AVP?
Other financial metrics that can be useful for relative valuation.
| What is AVP's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | CA$38.95m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1.3x |
| Enterprise Value/EBITDA | -22.9x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does AVP's PS Ratio compare to its peers?
| AVP PS Ratio vs Peers |
|---|
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 317.3x | ||
DPRO Draganfly | 5.2x | n/a | CA$39.2m |
FLY FLYHT Aerospace Solutions | 1.8x | 44.8% | CA$25.0m |
KWE KWESST Micro Systems | 12.4x | 162.5% | CA$10.7m |
SNA Star Navigation Systems Group | 1000x | n/a | CA$16.2m |
AVP Avcorp Industries | 0.4x | n/a | CA$38.9m |
Price-To-Sales vs Peers: AVP is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (317.3x).
Price to Earnings Ratio vs Industry
How does AVP's PE Ratio compare vs other companies in the North American Aerospace & Defense Industry?
Price-To-Sales vs Industry: AVP is good value based on its Price-To-Sales Ratio (0.4x) compared to the Canadian Aerospace & Defense industry average (3x)
Price to Sales Ratio vs Fair Ratio
What is AVP's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 0.4x |
| Fair PS Ratio | n/a |
Price-To-Sales vs Fair Ratio: Insufficient data to calculate AVP's Price-To-Sales Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of AVP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: AVP (CA$0.11) is trading above our estimate of fair value (CA$0.02)
Significantly Below Fair Value: AVP is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AVP's PEG Ratio to determine if it is good value.
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Future Growth
How is Avcorp Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
43.3%
Forecasted Capital Goods 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 Avcorp Industries 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.
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- Take a look at our analysis of AVP’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Avcorp Industries competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Avcorp Industries performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
28.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AVP is currently unprofitable.
Growing Profit Margin: AVP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AVP is unprofitable, but has reduced losses over the past 5 years at a rate of 28.4% per year.
Accelerating Growth: Unable to compare AVP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AVP is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (28.8%).
Return on Equity
High ROE: AVP's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
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Financial Health
How is Avcorp Industries's financial position?
Financial Health Score
2/6Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: AVP has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AVP has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: AVP has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: AVP's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable AVP has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AVP is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 48.2% per year.
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Dividend
What is Avcorp Industries's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AVP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AVP'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 AVP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AVP's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as AVP has not reported any payouts.
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Management
How experienced are the management team and are they aligned to shareholders interests?
4.2yrs
Average management tenure
CEO
Amandeep Kaler
4.25yrs
Tenure
CA$1,762,747
Compensation
Mr. Amandeep Kaler has been Group Chief Executive Officer of Avcorp Industries Inc. since April 19, 2018 and serves as its Director since June 15, 2020. Mr. Kaler served Chief Financial Officer of Avcorp I...
CEO Compensation Analysis
Compensation vs Market: Amandeep's total compensation ($USD1.35M) is above average for companies of similar size in the Canadian market ($USD191.58K).
Compensation vs Earnings: Amandeep's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: AVP's management team is considered experienced (4.2 years average tenure).
Board Members
Experienced Board: AVP's board of directors are seasoned and experienced ( 13 years average tenure).
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Avcorp Industries Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Avcorp Industries Inc.
- Ticker: AVP
- Exchange: TSX
- Founded: 1991
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Implied Market Cap: CA$38.948m
- Shares outstanding: 370.93m
- Website: https://www.avcorp.com
Number of Employees
Location
- Avcorp Industries Inc.
- 10025 River Way
- Delta
- British Columbia
- V4G 1M7
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/07/05 00:00 |
| End of Day Share Price | 2022/06/29 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.