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Market Cap

UK£108.7m

Last Updated

2021/04/21 17:49 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


Snowflake Analysis

Flawless balance sheet with proven track record.

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 is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: AVG's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

4.5%

AVG

0.8%

GB Machinery

-0.8%

GB Market


1 Year Return

64.3%

AVG

57.1%

GB Machinery

26.5%

GB Market

Return vs Industry: AVG exceeded the UK Machinery industry which returned 57.4% over the past year.

Return vs Market: AVG exceeded the UK Market which returned 26.4% over the past year.


Shareholder returns

AVGIndustryMarket
7 Day4.5%0.8%-0.8%
30 Day11.3%5.2%3.2%
90 Day21.9%3.0%3.8%
1 Year64.3%64.3%60.2%57.1%32.2%26.5%
3 Year64.2%59.0%31.8%23.5%13.6%0.2%
5 Year137.3%122.6%123.5%97.7%42.9%15.7%

Long-Term 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

Valuation

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

33.33x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: AVG (£3.45) is trading above our estimate of fair value (£1.42)

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 (33.3x) compared to the GB Machinery industry average (33x).

PE vs Market: AVG is poor value based on its PE Ratio (33.3x) compared to the UK market (26.2x).


Price to Earnings Growth Ratio

PEG Ratio: AVG's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: AVG is good value based on its PB Ratio (1.5x) compared to the GB Machinery industry average (2.2x).


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 earnings are forecast to decline over the next 3 years (-15% per year).

Earnings vs Market: AVG's earnings are forecast to decline over the next 3 years (-15% per year).

High Growth Earnings: AVG's earnings are forecast to decline over the next 3 years.

Revenue vs Market: AVG's revenue is expected to decline over the next 3 years (-4.7% per year).

High Growth Revenue: AVG's revenue is forecast to decline over the next 3 years (-4.7% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if AVG's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Avingtrans performed over the past 5 years?

43.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AVG has high quality earnings.

Growing Profit Margin: AVG's current net profit margins (2.9%) are higher than last year (2.1%).


Past Earnings Growth Analysis

Earnings Trend: AVG has become profitable over the past 5 years, growing earnings by 43.8% per year.

Accelerating Growth: AVG's earnings growth over the past year (39.2%) is below its 5-year average (43.8% per year).

Earnings vs Industry: AVG earnings growth over the past year (39.2%) exceeded the Machinery industry -12%.


Return on Equity

High ROE: AVG's Return on Equity (4.6%) is considered low.


Financial Health

How is Avingtrans's financial position?


Financial Position Analysis

Short Term Liabilities: AVG's short term assets (£64.3M) exceed its short term liabilities (£49.8M).

Long Term Liabilities: AVG's short term assets (£64.3M) exceed its long term liabilities (£15.8M).


Debt to Equity History and Analysis

Debt Level: AVG's debt to equity ratio (18.3%) is considered satisfactory.

Reducing Debt: AVG's debt to equity ratio has reduced from 28.2% to 18.3% over the past 5 years.

Debt Coverage: AVG's debt is well covered by operating cash flow (24.2%).

Interest Coverage: AVG's interest payments on its debt are well covered by EBIT (5.2x coverage).


Balance Sheet


Dividend

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

1.21%

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?

5.3yrs

Average management tenure


CEO

Steve McQuillan (59 yo)

12.5yrs

Tenure

UK£333,000

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 ($USD464.25K) is about average for companies of similar size in the UK market ($USD560.90K).

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 (5.3 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.


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£108.702m
  • Shares outstanding: 31.97m
  • Website: https://www.avingtrans.plc.uk

Number of Employees


Location

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

Listings


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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/21 17:49
End of Day Share Price2021/04/21 00:00
Earnings2020/11/30
Annual Earnings2020/05/31


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.