Avingtrans plc

AIM:AVG Stock Report

Market Cap: UK£130.7m

Avingtrans Valuation

Is AVG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of AVG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AVG (£4) is trading above our estimate of fair value (£3.01)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AVG?

Key metric: As AVG is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for AVG. This is calculated by dividing AVG's market cap by their current earnings.
What is AVG's PE Ratio?
PE Ratio35.7x
EarningsUK£3.66m
Market CapUK£130.67m

Price to Earnings Ratio vs Peers

How does AVG's PE Ratio compare to its peers?

The above table shows the PE ratio for AVG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average27.4x
MPAC Mpac Group
23.9x20.0%UK£148.1m
RNO Renold
6.6x19.8%UK£95.5m
MCON Mincon Group
59.6x75.4%UK£78.6m
PRV Porvair
19.6x6.1%UK£301.8m
AVG Avingtrans
35.7x38.0%UK£130.7m

Price-To-Earnings vs Peers: AVG is expensive based on its Price-To-Earnings Ratio (35.7x) compared to the peer average (27.4x).

Price to Earnings Ratio vs Industry

How does AVG's PE Ratio compare vs other companies in the European Machinery Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AVG 35.7xIndustry Avg. 17.6xNo. of Companies30PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: AVG is expensive based on its Price-To-Earnings Ratio (35.7x) compared to the European Machinery industry average (17.6x).

Price to Earnings Ratio vs Fair Ratio

What is AVG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AVG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio35.7x
Fair PE Ratio22.5x

Price-To-Earnings vs Fair Ratio: AVG is expensive based on its Price-To-Earnings Ratio (35.7x) compared to the estimated Fair Price-To-Earnings Ratio (22.5x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst AVG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£4.00
UK£5.10
+27.5%
2.9%UK£5.25UK£4.95n/a2
Nov ’25UK£4.08
UK£5.10
+25.2%
2.9%UK£5.25UK£4.95n/a2
Oct ’25UK£4.25
UK£5.10
+20.0%
2.9%UK£5.25UK£4.95n/a2
Sep ’25UK£4.00
UK£5.03
+25.6%
1.5%UK£5.10UK£4.95n/a2
Aug ’25UK£3.95
UK£5.03
+27.2%
1.5%UK£5.10UK£4.95n/a2
Jul ’25UK£3.73
UK£5.03
+34.9%
1.5%UK£5.10UK£4.95n/a2
Jun ’25UK£3.85
UK£5.03
+30.5%
1.5%UK£5.10UK£4.95n/a2
May ’25UK£4.08
UK£5.03
+23.3%
1.5%UK£5.10UK£4.95n/a2
Apr ’25UK£3.90
UK£5.03
+28.8%
1.5%UK£5.10UK£4.95n/a2
Mar ’25UK£3.85
UK£5.03
+30.5%
1.5%UK£5.10UK£4.95n/a2
Feb ’25UK£3.65
UK£5.03
+37.7%
1.5%UK£5.10UK£4.95n/a2
Jan ’25UK£3.90
UK£5.03
+28.8%
1.5%UK£5.10UK£4.95n/a2
Dec ’24UK£3.80
UK£5.03
+32.2%
1.5%UK£5.10UK£4.95n/a2
Nov ’24UK£3.62
UK£5.03
+38.8%
1.5%UK£5.10UK£4.95UK£4.082
Oct ’24UK£4.20
UK£5.03
+19.6%
1.5%UK£5.10UK£4.95UK£4.252
Sep ’24UK£3.85
UK£5.03
+30.5%
1.5%UK£5.10UK£4.95UK£4.002
Aug ’24UK£4.10
UK£5.03
+22.6%
1.5%UK£5.10UK£4.95UK£3.952
Jul ’24UK£4.10
UK£5.03
+22.6%
1.5%UK£5.10UK£4.95UK£3.732
Jun ’24UK£4.10
UK£5.03
+22.6%
1.5%UK£5.10UK£4.95UK£3.852
May ’24UK£4.20
UK£5.03
+19.6%
1.5%UK£5.10UK£4.95UK£4.082
Apr ’24UK£4.20
UK£5.03
+19.6%
1.5%UK£5.10UK£4.95UK£3.902
Mar ’24UK£4.13
UK£5.03
+21.8%
1.5%UK£5.10UK£4.95UK£3.852
Feb ’24UK£4.15
UK£5.03
+21.1%
1.5%UK£5.10UK£4.95UK£3.652
Jan ’24UK£4.30
UK£5.03
+16.9%
1.5%UK£5.10UK£4.95UK£3.902
Dec ’23UK£3.90
UK£5.03
+28.8%
1.5%UK£5.10UK£4.95UK£3.802
Nov ’23UK£3.73
UK£5.03
+34.9%
1.5%UK£5.10UK£4.95UK£3.622

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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