Avcorp Industries
Market Cap
CA$25.8m
Last Updated
2021/02/28 23:52 UTC
Data Sources
Company Financials
Executive Summary
Avcorp Industries Inc. designs and builds airframe structures for aircraft companies in the civil and defense markets in the United States, Canada, Asia, Europe, Australia, and internationally. More Details
Risk Analysis
Snowflake Analysis
Worrying balance sheet with weak fundamentals.
Similar Companies
Share Price & News
How has Avcorp Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AVP is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: AVP's weekly volatility has decreased from 66% to 15% over the past year.
Market Performance
7 Day Return
0%
AVP
1.0%
CA Aerospace & Defense
-1.5%
CA Market
1 Year Return
27.3%
AVP
-1.0%
CA Aerospace & Defense
12.7%
CA Market
Return vs Industry: AVP exceeded the Canadian Aerospace & Defense industry which returned -1% over the past year.
Return vs Market: AVP exceeded the Canadian Market which returned 12.7% over the past year.
Shareholder returns
| AVP | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 1.0% | -1.5% |
| 30 Day | -6.7% | 16.3% | 2.7% |
| 90 Day | -12.5% | 7.9% | 5.9% |
| 1 Year | 27.3%27.3% | -0.4%-1.0% | 16.9%12.7% |
| 3 Year | 55.6%55.6% | 28.4%24.0% | 23.3%11.5% |
| 5 Year | -41.7%-41.7% | 101.8%88.5% | 56.3%32.6% |
Long-Term Price Volatility Vs. Market
How volatile is Avcorp Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 months ago | Simply Wall St
Our View On Avcorp Industries' (TSE:AVP) CEO Pay1 year ago | Simply Wall St
Could Avcorp Industries Inc.'s (TSE:AVP) Investor Composition Influence The Stock Price?1 year ago | Simply Wall St
Update: Avcorp Industries (TSE:AVP) Stock Gained 33% In The Last YearValuation
Is Avcorp Industries undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether Avcorp Industries is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Avcorp Industries has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
Next Steps
- 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.
- When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through Avcorp Industries regulatory filings.
- Explore potentially undervalued companies in the Capital Goods industry.
Future Growth
How is Avcorp Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
25.0%
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.
Next Steps
- 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.
- Explore growth companies in the Capital Goods industry.
Past Performance
How has Avcorp Industries performed over the past 5 years?
10.2%
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 10.2% 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 (-9.6%).
Return on Equity
High ROE: AVP's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Next Steps
Financial Health
How is Avcorp Industries's financial position?
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: AVP has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AVP has less than a year of cash runway if free cash flow continues to grow at historical rates of 12.9% each year.
Next Steps
Dividend
What is Avcorp Industries's current dividend yield, its reliability and sustainability?
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.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AVP's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.8yrs
Average management tenure
CEO
Amandeep Kaler
2.83yrs
Tenure
CA$781,795
Compensation
Mr. Amandeep Kaler has been Group Chief Executive Officer of Avcorp Industries Inc. since April 19, 2018 and serves as its Director since June 15, 2020. Mr. Kaler served Chief Financial Officer of Avcorp I...
CEO Compensation Analysis
Compensation vs Market: Amandeep's total compensation ($USD615.57K) is above average for companies of similar size in the Canadian market ($USD150.54K).
Compensation vs Earnings: Amandeep's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Director | 2.83yrs | CA$781.80k | 0.27% CA$ 69.5k | |
| Director of Finance & Corporate Secretary | 1.5yrs | CA$437.79k | no data | |
| Group Vice President of Human Resources & IT | 3.08yrs | CA$330.14k | no data | |
| President of Comtek Advanced Structures Limited | 2.67yrs | CA$240.17k | no data |
2.8yrs
Average Tenure
Experienced Management: AVP's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Director | 2.83yrs | CA$781.80k | 0.27% CA$ 69.5k | |
| Independent Chairman of the Board | 11.67yrs | CA$45.00k | no data | |
| Non-Independent Director | 11.58yrs | no data | 71.17% CA$ 18.3m | |
| Independent Director | 14.75yrs | CA$38.25k | 0.21% CA$ 54.1k | |
| Independent Director | 3.67yrs | CA$37.25k | no data |
11.6yrs
Average Tenure
Experienced Board: AVP's board of directors are seasoned and experienced ( 11.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AVP insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Avcorp Industries Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Avcorp Industries Inc.
- Ticker: AVP
- Exchange: TSX
- Founded: NaN
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: CA$25.768m
- Shares outstanding: 368.12m
- Website: https://www.avcorp.com
Number of Employees
Location
- Avcorp Industries Inc.
- 10025 River Way
- Delta
- British Columbia
- V4G 1M7
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| AVP | TSX (The Toronto Stock Exchange) | Yes | Common Shares | CA | CAD | Feb 1988 |
| AVPF.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Feb 1988 |
| DO9A | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Feb 1988 |
Biography
Avcorp Industries Inc. designs and builds airframe structures for aircraft companies in the civil and defense markets in the United States, Canada, Asia, Europe, Australia, and internationally. The company...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/28 23:52 |
| End of Day Share Price | 2021/02/26 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.