AVON Stock Overview
Avon Protection plc designs, manufactures, and sells chemical, biological, radiological, and nuclear respiratory protection systems for military, law enforcement, and fire markets worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£10.64|
|52 Week High||UK£43.85|
|52 Week Low||UK£9.14|
|1 Month Change||-45.71%|
|3 Month Change||-42.05%|
|1 Year Change||-74.79%|
|3 Year Change||-18.47%|
|5 Year Change||2.31%|
|Change since IPO||250.00%|
Recent News & Updates
Calculating The Intrinsic Value Of Avon Protection plc (LON:AVON)
In this article we are going to estimate the intrinsic value of Avon Protection plc ( LON:AVON ) by estimating the...
Avon Protection (LON:AVON) Has A Pretty Healthy Balance Sheet
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
|AVON||GB Aerospace & Defense||GB Market|
Return vs Industry: AVON underperformed the UK Aerospace & Defense industry which returned 11.8% over the past year.
Return vs Market: AVON underperformed the UK Market which returned 11.6% over the past year.
|AVON Average Weekly Movement||16.4%|
|Aerospace & Defense Industry Average Movement||4.4%|
|Market Average Movement||4.9%|
|10% most volatile stocks in GB Market||9.8%|
|10% least volatile stocks in GB Market||2.6%|
Stable Share Price: AVON is more volatile than 90% of UK stocks over the past 3 months, typically moving +/- 16% a week.
Volatility Over Time: AVON's weekly volatility has increased from 10% to 16% over the past year.
About the Company
Avon Protection plc designs, manufactures, and sells chemical, biological, radiological, and nuclear respiratory protection systems for military, law enforcement, and fire markets worldwide. It offers masks and filters with portfolio of respirators, filters, powered air, and supplied air and long term pedigree for military contracting and supplying chain; escape hoods; underwater rebreathers; and thermal image camera technology and self-contained breathing apparatus, as well as accessories. The company also provides ballistic protection, such as helmets, helmet liner, impact protection, retention system, and body and flat armor.
Avon Protection Fundamentals Summary
|AVON fundamental statistics|
Is AVON overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AVON income statement (TTM)|
|Cost of Revenue||US$164.74m|
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
Dec 15, 2021
|Earnings per share (EPS)||0.28|
|Net Profit Margin||3.19%|
How did AVON perform over the long term?See historical performance and comparison
2.7%Current Dividend Yield
Is Avon Protection undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AVON (£10.64) is trading below our estimate of fair value (£22.67)
Significantly Below Fair Value: AVON is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AVON is poor value based on its PE Ratio (51.1x) compared to the UK Aerospace & Defense industry average (26.7x).
PE vs Market: AVON is poor value based on its PE Ratio (51.1x) compared to the UK market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: AVON is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: AVON's PB Ratio (2x) is in line with the GB Aerospace & Defense industry average.
How is Avon Protection forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AVON's forecast earnings growth (78% per year) is above the savings rate (0.9%).
Earnings vs Market: AVON's earnings (78% per year) are forecast to grow faster than the UK market (12.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AVON's revenue (12.4% per year) is forecast to grow faster than the UK market (4.9% per year).
High Growth Revenue: AVON's revenue (12.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if AVON's Return on Equity is forecast to be high in 3 years time
How has Avon Protection performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AVON has a high level of non-cash earnings.
Growing Profit Margin: AVON's current net profit margins (3.2%) are lower than last year (4.7%).
Past Earnings Growth Analysis
Earnings Trend: AVON's earnings have declined by 25% per year over the past 5 years.
Accelerating Growth: AVON's earnings growth over the past year (16.3%) exceeds its 5-year average (-25% per year).
Earnings vs Industry: AVON earnings growth over the past year (16.3%) exceeded the Aerospace & Defense industry 13.6%.
Return on Equity
High ROE: AVON's Return on Equity (4%) is considered low.
How is Avon Protection's financial position?
Financial Position Analysis
Short Term Liabilities: AVON's short term assets ($109.4M) exceed its short term liabilities ($69.7M).
Long Term Liabilities: AVON's short term assets ($109.4M) do not cover its long term liabilities ($140.8M).
Debt to Equity History and Analysis
Debt Level: AVON has more cash than its total debt.
Reducing Debt: AVON's debt to equity ratio has reduced from 18% to 6% over the past 5 years.
Debt Coverage: AVON's debt is well covered by operating cash flow (129.8%).
Interest Coverage: AVON's interest payments on its debt are well covered by EBIT (6.4x coverage).
What is Avon Protection current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AVON's dividend (2.66%) is higher than the bottom 25% of dividend payers in the UK market (1.36%).
High Dividend: AVON's dividend (2.66%) is low compared to the top 25% of dividend payers in the UK market (4.14%).
Stability and Growth of Payments
Stable Dividend: AVON's dividends per share have been stable in the past 10 years.
Growing Dividend: AVON's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (146.3%), AVON's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AVON's dividends in 3 years are forecast to be well covered by earnings (46.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Paul McDonald (47 yo)
Mr. Paul McDonald has been Chief Executive at Avon Protection plc (formerly known as Avon Rubber p.l.c.) since February 15, 2017 and serves as its Director. Mr. McDonald served as the Managing Director of...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD2.23M) is above average for companies of similar size in the UK market ($USD780.74K).
Compensation vs Earnings: Paul's compensation has increased by more than 20% in the past year.
Experienced Management: AVON's management team is considered experienced (4.8 years average tenure).
Experienced Board: AVON's board of directors are considered experienced (3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AVON insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Avon Protection plc's employee growth, exchange listings and data sources
- Name: Avon Protection plc
- Ticker: AVON
- Exchange: LSE
- Founded: 1885
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: UK£332.355m
- Shares outstanding: 30.69m
- Website: https://www.avon-protection-plc.com
Number of Employees
- Avon Protection plc
- Hampton Park West
- Semington Road
- SN12 6NB
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/02 21:40|
|End of Day Share Price||2021/12/02 00:00|
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.