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AVG

AvingtransAIM:AVG Stock Report

Last Price

UK£4.18

Market Cap

UK£134.1m

7D

-5.7%

1Y

47.5%

Updated

21 Jan, 2022

Data

Company Financials +
AVG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance3/6
Financial Health6/6
Dividends3/6

AVG Stock Overview

Avingtrans plc manufactures and sells engineered components, systems, and services to the energy, medical, and infrastructure industries worldwide.

Price History & Performance

Summary of all time highs, changes and price drops for Avingtrans
Historical stock prices
Current Share PriceUK£4.18
52 Week HighUK£4.62
52 Week LowUK£2.70
Beta0.92
1 Month Change-3.47%
3 Month Change-1.88%
1 Year Change47.53%
3 Year Change104.66%
5 Year Change120.90%
Change since IPO619.83%

Recent News & Updates

Nov 11
We Think Avingtrans plc's (LON:AVG) CEO Compensation Looks Fair

We Think Avingtrans plc's (LON:AVG) CEO Compensation Looks Fair

We have been pretty impressed with the performance at Avingtrans plc ( LON:AVG ) recently and CEO Steve McQuillan...

Shareholder Returns

AVGGB MachineryGB Market
7D-5.7%-1.6%-0.5%
1Y47.5%9.1%8.7%

Return vs Industry: AVG exceeded the UK Machinery industry which returned 9.1% over the past year.

Return vs Market: AVG exceeded the UK Market which returned 8.7% over the past year.

Price Volatility

Is AVG's price volatile compared to industry and market?
AVG volatility
AVG Average Weekly Movement3.3%
Machinery Industry Average Movement4.3%
Market Average Movement5.0%
10% most volatile stocks in GB Market10.7%
10% least volatile stocks in GB Market2.5%

Stable Share Price: AVG is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: AVG's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1985704Steve McQuillanhttps://www.avingtrans.plc.uk

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, and Medical-MII. The company designs, manufactures, integrates, and services electric motors and pumps, steam turbines, gas compressors, pressure vessels, blast doors, containers, and skidded systems.

Avingtrans Fundamentals Summary

How do Avingtrans's earnings and revenue compare to its market cap?
AVG fundamental statistics
Market CapUK£134.13m
Earnings (TTM)UK£5.23m
Revenue (TTM)UK£98.52m

25.6x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AVG income statement (TTM)
RevenueUK£98.52m
Cost of RevenueUK£68.59m
Gross ProfitUK£29.93m
ExpensesUK£24.70m
EarningsUK£5.23m

Last Reported Earnings

May 31, 2021

Next Earnings Date

Feb 23, 2022

Earnings per share (EPS)0.16
Gross Margin30.38%
Net Profit Margin5.31%
Debt/Equity Ratio5.6%

How did AVG perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

24%

Payout Ratio

Valuation

Is Avingtrans undervalued compared to its fair value and its price relative to the market?

25.65x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: AVG (£4.18) is trading above our estimate of fair value (£1.5)

Significantly Below Fair Value: AVG is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: AVG is good value based on its PE Ratio (25.6x) compared to the UK Machinery industry average (26.1x).

PE vs Market: AVG is poor value based on its PE Ratio (25.6x) compared to the UK market (19.1x).


Price to Earnings Growth Ratio

PEG Ratio: AVG is poor value based on its PEG Ratio (1.7x)


Price to Book Ratio

PB vs Industry: AVG is good value based on its PB Ratio (1.4x) compared to the GB Machinery industry average (2.5x).


Future Growth

How is Avingtrans forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

15.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AVG's forecast earnings growth (15% per year) is above the savings rate (0.9%).

Earnings vs Market: AVG's earnings (15% per year) are forecast to grow faster than the UK market (12.1% per year).

High Growth Earnings: AVG's earnings are forecast to grow, but not significantly.

Revenue vs Market: AVG's revenue (5.5% per year) is forecast to grow faster than the UK market (4.9% per year).

High Growth Revenue: AVG's revenue (5.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AVG's Return on Equity is forecast to be low in 3 years time (7.2%).


Past Performance

How has Avingtrans performed over the past 5 years?

47.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AVG has high quality earnings.

Growing Profit Margin: AVG became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: AVG's earnings have grown significantly by 47.2% 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 (19.6%).


Return on Equity

High ROE: AVG's Return on Equity (5.1%) is considered low.


Financial Health

How is Avingtrans's financial position?


Financial Position Analysis

Short Term Liabilities: AVG's short term assets (£78.6M) exceed its short term liabilities (£32.6M).

Long Term Liabilities: AVG's short term assets (£78.6M) exceed its long term liabilities (£11.0M).


Debt to Equity History and Analysis

Debt Level: AVG has more cash than its total debt.

Reducing Debt: AVG's debt to equity ratio has reduced from 7.8% to 5.6% over the past 5 years.

Debt Coverage: AVG's debt is well covered by operating cash flow (115.3%).

Interest Coverage: AVG's interest payments on its debt are well covered by EBIT (11x coverage).


Balance Sheet


Dividend

What is Avingtrans's current dividend yield, its reliability and sustainability?

0.96%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: AVG's dividend (0.96%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.37%).

High Dividend: AVG's dividend (0.96%) is low compared to the top 25% of dividend payers in the UK market (4.04%).


Stability and Growth of Payments

Stable Dividend: AVG's dividend payments have been volatile in the past 10 years.

Growing Dividend: AVG's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (24.4%), 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 (17.9% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.2yrs

Average management tenure


CEO

Steve McQuillan (60 yo)

13.25yrs

Tenure

UK£434,000

Compensation

Mr. Stephen McQuillan, also known as Steve, serves as a Non-Executive Director at Magnetica Limited. He has been the Chief Executive Officer at Avingtrans PLC since October 1, 2008 and serves as its Managi...


CEO Compensation Analysis

Compensation vs Market: Steve's total compensation ($USD588.47K) is about average for companies of similar size in the UK market ($USD573.76K).

Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: AVG's management team is seasoned and experienced (8.2 years average tenure).


Board Members

Experienced Board: AVG's board of directors are considered experienced (7.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: AVG insiders have sold more shares than they have bought 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

Avingtrans plc's employee growth, exchange listings and data sources


Key Information

  • Name: Avingtrans plc
  • Ticker: AVG
  • Exchange: AIM
  • Founded: 1985
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Implied Market Cap: UK£134.127m
  • Shares outstanding: 32.13m
  • Website: https://www.avingtrans.plc.uk

Number of Employees


Location

  • Avingtrans plc
  • Chatteris Business Park
  • Chatteris
  • Cambridgeshire
  • PE16 6SA
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 21:21
End of Day Share Price2022/01/21 00:00
Earnings2021/05/31
Annual Earnings2021/05/31


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.