Avingtrans
Market Cap
UK£84.7m
Last Updated
2019/10/16 20:40 UTC
Data Sources
Company Financials +
Executive Summary
Avingtrans plc manufactures and sells engineered components, systems, and services to the energy, medical, and infrastructure industries worldwide.
Snowflake
Fundamentals
Flawless balance sheet with reasonable growth potential.
Share Price & News
How has Avingtrans's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
3.8%
AVG
-0.4%
GB Machinery
1.9%
GB Market
1 Year Return
25.0%
AVG
-7.6%
GB Machinery
2.4%
GB Market
Return vs Industry: AVG exceeded the UK Machinery industry which returned -7.6% over the past year.
Return vs Market: AVG exceeded the UK Market which returned 2.4% over the past year.
Shareholder returns
| AVG | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.8% | -0.4% | 1.9% |
| 30 Day | 12.5% | -9.2% | -1.1% |
| 90 Day | 13.0% | -8.9% | -1.8% |
| 1 Year | 27.1%25.0% | -4.9%-7.6% | 7.4%2.4% |
| 3 Year | 43.9%37.1% | 15.8%7.2% | 18.2%3.7% |
| 5 Year | 117.1%97.8% | 21.2%4.7% | 35.7%6.1% |
Price Volatility Vs. Market
How volatile is Avingtrans's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Avingtrans (LON:AVG) Shareholders Have Enjoyed A 80% Share Price Gain1 month ago | Simply Wall St
Should You Worry About Avingtrans plc's (LON:AVG) CEO Salary Level?2 months ago | Simply Wall St
Avingtrans (LON:AVG) Has A Pretty Healthy Balance SheetValuation
Is Avingtrans undervalued compared to its fair value and its price relative to the market?
1.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: AVG (£2.7) is trading below our estimate of fair value (£2.74)
Significantly Undervalued: AVG is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: AVG is poor value based on its PE Ratio (33.6x) compared to the Machinery industry average (17.7x).
PE vs Market: AVG is poor value based on its PE Ratio (33.6x) compared to the UK market (16.5x).
Price to Earnings Growth Ratio
Low PEG Ratio: AVG is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: AVG is good value based on its PB Ratio (1.2x) compared to the GB Machinery industry average (1.8x).
Next Steps
Future Growth
How is Avingtrans forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
36.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AVG's forecast earnings growth (36.6% per year) is above the savings rate (1.2%).
Earnings vs Market: AVG's earnings (36.6% per year) are forecast to grow faster than the UK market (12.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AVG's revenue (12.1% per year) is forecast to grow faster than the UK market (3.9% per year).
High Growth Revenue: AVG's revenue (12.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: AVG's Return on Equity is forecast to be low in 3 years time (8.4%).
Next Steps
Past Performance
How has Avingtrans performed over the past 5 years?
-25.6%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: AVG's earnings have declined by -25.6% per year over the past 5 years.
Accelerating Growth: AVG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: AVG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (8%).
Return on Equity
High ROE: AVG's Return on Equity (3.6%) is considered low.
Return on Assets
ROA vs Industry: AVG's Return on Assets is below or equal to the Machinery industry average last year.
Return on Capital Employed
ROCE Improving: AVG's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Avingtrans's financial position?
Financial Position Analysis
Short Term Liabilities: AVG's short term assets (£55.1M) exceeds its short term liabilities (£42.6M)
Long Term Liabilities: AVG's short term assets (55.1M) exceeds its long term liabilities (10.4M)
Debt to Equity History and Analysis
Debt Level: AVG's debt to equity ratio (12.6%) is considered satisfactory
Reducing Debt: AVG's debt to equity ratio has reduced from 26.7% to 12.6% over the past 5 years.
Debt Coverage: AVG's debt is well covered by operating cash flow (103%).
Interest Coverage: AVG's interest payments on its debt are well covered by EBIT (8.2x coverage).
Balance Sheet
Inventory Level: AVG has a high level of physical assets or inventory.
Debt Coverage by Assets: AVG's debt is covered by short term assets (assets are 6.292280x debt).
Next Steps
Dividend
What is Avingtrans's current dividend yield, its reliability and sustainability?
1.41%
Current Dividend Yield
Upcoming Dividend Payment
Purchase Avingtrans before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: AVG's dividend (1.41%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2%).
High Dividend: AVG's dividend (1.41%) is low compared to the top 25% of dividend payers in the UK market (5.42%).
Stable Dividend: Whilst dividend payments have been stable, AVG has been paying a dividend for less than 10 years.
Growing Dividend: AVG's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (47.3%), AVG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AVG's dividends in 3 years are forecast to be well covered by earnings (20.7% payout ratio).
Next Steps
Management
What is the CEO of Avingtrans's salary, the management and board of directors tenure and is there insider trading?
5.9yrs
Average management tenure
CEO
Steve McQuillan (58yo)
11yrs
Tenure
UK£357,000
Compensation
Mr. Stephen McQuillan, also known as Steve, has been the Chief Executive Officer at Avingtrans PLC since October 1, 2008 and serves as its Managing Director. Mr. McQuillan has an extensive expertise to Avi ...
CEO Compensation Analysis
Compensation vs. Market: Steve's total compensation ($USD458.16K) is about average for companies of similar size in the UK market ($USD320.04K).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
Management Age and Tenure
5.9yrs
Average Tenure
Experienced Management: AVG's management team is seasoned and experienced (5.9 years average tenure).
Board Age and Tenure
5.1yrs
Average Tenure
61yo
Average Age
Experienced Board: AVG's board of directors are considered experienced (5.1 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Stephen King
CFO, Company Secretary & Director
- Tenure: 0yrs
- Compensation: UK£288.00k
Steve McQuillan (58yo)
CEO, MD & Director
- Tenure: 11yrs
- Compensation: UK£357.00k
Austen Adams
Managing Director of Process Solutions & Rotating Equipment
- Tenure: 5.9yrs
Mike Turmelle
Managing Director of Engineered Pumps & Motors Division
- Tenure: 1.8yrs
Board Members
Roger McDowell (64yo)
Independent Non-Executive Chairman
- Tenure: 11.6yrs
- Compensation: UK£71.00k
Les Thomas (61yo)
Independent Non-Executive Director
- Tenure: 5.1yrs
- Compensation: UK£34.00k
Stephen King
CFO, Company Secretary & Director
- Tenure: 0yrs
- Compensation: UK£288.00k
Graham Thornton (71yo)
Senior Independent Non-Executive Director
- Tenure: 0yrs
- Compensation: UK£34.00k
Steve McQuillan (58yo)
CEO, MD & Director
- Tenure: 11yrs
- Compensation: UK£357.00k
John Clarke (60yo)
Independent Non-Executive Director
- Tenure: 1.7yrs
- Compensation: UK£11.00k
Company Information
Avingtrans plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Avingtrans plc
- Ticker: AVG
- Exchange: AIM
- Founded: 1985
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: UK£84.678m
- Shares outstanding: 31.36m
- Website: https://www.avingtrans.plc.uk
Number of Employees
Location
- Avingtrans plc
- Chatteris Business Park
- Chatteris
- Cambridgeshire
- PE16 6SA
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| AVG | AIM (London Stock Exchange AIM Market) | Yes | Ordinary Shares | GB | GBP | Jan 1992 |
Biography
Avingtrans plc manufactures and sells engineered components, systems, and services to the energy, medical, and infrastructure industries worldwide. It operates in three segments: Energy-EPM, Energy-PSRE, a ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/16 20:40 |
| End of Day Share Price | 2019/10/16 00:00 |
| Earnings | 2019/05/31 |
| Annual Earnings | 2019/05/31 |
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.