Avingtrans
Market Cap
UK£87.9m
Last Updated
2020/10/20 22:08 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. More Details
Rewards
Risk Analysis
No risks detected for AVG from our risk checks.
Snowflake Analysis
Excellent balance sheet with moderate 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
Stable Share Price: AVG has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-3.4%
AVG
-0.1%
GB Machinery
-1.9%
GB Market
1 Year Return
7.9%
AVG
19.9%
GB Machinery
-14.5%
GB Market
Return vs Industry: AVG underperformed the UK Machinery industry which returned 19.9% over the past year.
Return vs Market: AVG exceeded the UK Market which returned -14.5% over the past year.
Shareholder returns
| AVG | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.4% | -0.1% | -1.9% |
| 30 Day | 15.7% | 8.5% | -1.7% |
| 90 Day | 4.5% | 12.0% | -4.4% |
| 1 Year | 8.9%7.9% | 21.6%19.9% | -11.3%-14.5% |
| 3 Year | 30.4%25.0% | 18.2%10.2% | -9.0%-20.3% |
| 5 Year | 155.0%135.3% | 98.6%74.4% | 15.3%-10.6% |
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
We Think Avingtrans (LON:AVG) Can Stay On Top Of Its Debt3 weeks ago | Simply Wall St
Is It Time To Consider Buying Avingtrans plc (LON:AVG)?2 months ago | Simply Wall St
Estimating The Fair Value Of Avingtrans plc (LON:AVG)Valuation
Is Avingtrans undervalued compared to its fair value and its price relative to the market?
36.73x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: AVG (£2.8) is trading above our estimate of fair value (£2.66)
Significantly Below Fair Value: AVG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AVG is poor value based on its PE Ratio (36.7x) compared to the GB Machinery industry average (21.4x).
PE vs Market: AVG is poor value based on its PE Ratio (36.7x) compared to the UK market (18.3x).
Price to Earnings Growth Ratio
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 (1.3x) compared to the GB Machinery industry average (1.6x).
Next Steps
Future Growth
How is Avingtrans forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
41.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AVG's forecast earnings growth (41.1% per year) is above the savings rate (1.2%).
Earnings vs Market: AVG's earnings (41.1% per year) are forecast to grow faster than the UK market (24.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AVG's revenue (5.1% per year) is forecast to grow slower than the UK market (6% per year).
High Growth Revenue: AVG's revenue (5.1% 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 (9%).
Next Steps
Past Performance
How has Avingtrans performed over the past 5 years?
30.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AVG has high quality earnings.
Growing Profit Margin: AVG's current net profit margins (2.1%) are lower than last year (2.3%).
Past Earnings Growth Analysis
Earnings Trend: AVG has become profitable over the past 5 years, growing earnings by 30.9% per year.
Accelerating Growth: AVG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AVG had negative earnings growth (-1.3%) over the past year, making it difficult to compare to the Machinery industry average (-13%).
Return on Equity
High ROE: AVG's Return on Equity (3.4%) is considered low.
Next Steps
Financial Health
How is Avingtrans's financial position?
Financial Position Analysis
Short Term Liabilities: AVG's short term assets (£56.6M) exceed its short term liabilities (£44.1M).
Long Term Liabilities: AVG's short term assets (£56.6M) exceed its long term liabilities (£17.3M).
Debt to Equity History and Analysis
Debt Level: AVG's debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: AVG's debt to equity ratio has reduced from 31.5% to 14.3% over the past 5 years.
Debt Coverage: AVG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AVG's interest payments on its debt are well covered by EBIT (4.2x coverage).
Balance Sheet
Next Steps
Dividend
What is Avingtrans's current dividend yield, its reliability and sustainability?
1.52%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AVG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AVG'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 AVG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AVG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: AVG is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AVG's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.9yrs
Average management tenure
CEO
Steve McQuillan (59 yo)
12yrs
Tenure
UK£333,000
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 ($USD431.55K) is about average for companies of similar size in the UK market ($USD356.88K).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 12yrs | UK£333.00k | 0.94% £ 829.5k | |
| CFO, Company Secretary & Director | no data | UK£273.00k | 0.83% £ 726.7k | |
| Managing Director of Process Solutions & Rotating Equipment | 6.92yrs | no data | 0.016% £ 14.0k | |
| Managing Director of Engineered Pumps & Motors Division | 2.75yrs | no data | no data |
6.9yrs
Average Tenure
Experienced Management: AVG's management team is seasoned and experienced (6.9 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.
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 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£87.894m
- Shares outstanding: 31.39m
- 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 through three segments: Energy-EPM, Energy-PS ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/20 22:08 |
| End of Day Share Price | 2020/10/20 00:00 |
| Earnings | 2020/05/31 |
| Annual Earnings | 2020/05/31 |
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.