Avingtrans
Market Cap
UK£75.7m
Last Updated
2021/04/18 18:03 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
PE ratio (32.1x) is below the Machinery industry average (33.2x)
Risk Analysis
Earnings are forecast to decline by an average of 15% per year for the next 3 years
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
0.8%
AVG
-0.9%
GB Machinery
1.6%
GB Market
1 Year Return
54.7%
AVG
43.9%
GB Machinery
23.4%
GB Market
Return vs Industry: AVG exceeded the UK Machinery industry which returned 43.9% over the past year.
Return vs Market: AVG exceeded the UK Market which returned 23.4% over the past year.
Shareholder returns
| AVG | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.8% | -0.9% | 1.6% |
| 30 Day | 5.6% | 4.1% | 4.5% |
| 90 Day | 24.1% | 6.8% | 4.0% |
| 1 Year | 54.7%54.7% | 47.2%43.9% | 30.4%23.4% |
| 3 Year | 64.7%59.5% | 47.9%37.9% | 17.3%2.6% |
| 5 Year | 116.8%103.4% | 131.7%104.4% | 48.5%19.8% |
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
1 week ago | Simply Wall St
At UK£3.30, Is It Time To Put Avingtrans plc (LON:AVG) On Your Watch List?1 month ago | Simply Wall St
Does Avingtrans (LON:AVG) Deserve A Spot On Your Watchlist?1 month ago | Simply Wall St
Avingtrans plc's (LON:AVG) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?Valuation
Is Avingtrans undervalued compared to its fair value and its price relative to the market?
32.12x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: AVG (£3.33) is trading above our estimate of fair value (£1.35)
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 (32.1x) compared to the GB Machinery industry average (33.2x).
PE vs Market: AVG is poor value based on its PE Ratio (32.1x) compared to the UK market (26.3x).
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?
1.26%
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 ($USD460.24K) is above average for companies of similar size in the UK market ($USD339.31K).
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£75.748m
- 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/18 18:03 |
| End of Day Share Price | 2021/04/16 00:00 |
| Earnings | 2020/11/30 |
| 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.