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.
Avon Protection Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£9.73|
|52 Week High||UK£29.50|
|52 Week Low||UK£8.60|
|1 Month Change||3.84%|
|3 Month Change||-19.69%|
|1 Year Change||-66.37%|
|3 Year Change||-38.21%|
|5 Year Change||-3.81%|
|Change since IPO||219.90%|
Recent News & Updates
Avon Protection plc (LON:AVON) Shares Could Be 46% Below Their Intrinsic Value Estimate
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Avon Protection plc...
|AVON||GB Aerospace & Defense||GB Market|
Return vs Industry: AVON underperformed the UK Aerospace & Defense industry which returned 24.4% over the past year.
Return vs Market: AVON underperformed the UK Market which returned -6.4% over the past year.
|AVON Average Weekly Movement||7.4%|
|Aerospace & Defense Industry Average Movement||4.0%|
|Market Average Movement||5.4%|
|10% most volatile stocks in GB Market||10.8%|
|10% least volatile stocks in GB Market||2.7%|
Stable Share Price: AVON is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: AVON's weekly volatility (7%) has been stable 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$167.00m|
Last Reported Earnings
Apr 02, 2022
Next Earnings Date
Nov 22, 2022
|Earnings per share (EPS)||-1.21|
|Net Profit Margin||-14.38%|
How did AVON perform over the long term?See historical performance and comparison
3.3%Current Dividend Yield
Is AVON undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for AVON?
Other financial metrics that can be useful for relative valuation.
|What is AVON's n/a Ratio?|
Price to Sales Ratio vs Peers
How does AVON's PS Ratio compare to its peers?
|AVON PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
CHG Chemring Group
QQ. QinetiQ Group
AVON Avon Protection
Price-To-Sales vs Peers: AVON is good value based on its Price-To-Sales Ratio (1.4x) compared to the peer average (1.6x).
Price to Earnings Ratio vs Industry
How does AVON's PE Ratio compare vs other companies in the European Aerospace & Defense Industry?
Price-To-Sales vs Industry: AVON is good value based on its Price-To-Sales Ratio (1.4x) compared to the UK Aerospace & Defense industry average (1.4x)
Price to Sales Ratio vs Fair Ratio
What is AVON's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PS Ratio||1.4x|
|Fair PS Ratio||1.1x|
Price-To-Sales vs Fair Ratio: AVON is expensive based on its Price-To-Sales Ratio (1.4x) compared to the estimated Fair Price-To-Sales Ratio (1.1x).
Share Price vs Fair Value
What is the Fair Price of AVON when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: AVON (£9.73) is trading below our estimate of fair value (£26.92)
Significantly Below Fair Value: AVON is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
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How is Avon Protection forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score5/6
Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AVON is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).
Earnings vs Market: AVON is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: AVON is expected to become profitable in the next 3 years.
Revenue vs Market: AVON's revenue (4.7% per year) is forecast to grow faster than the UK market (4% per year).
High Growth Revenue: AVON's revenue (4.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AVON's Return on Equity is forecast to be high in 3 years time (28%)
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How has Avon Protection performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AVON is currently unprofitable.
Growing Profit Margin: AVON is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AVON is unprofitable, and losses have increased over the past 5 years at a rate of 62.5% per year.
Accelerating Growth: Unable to compare AVON's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AVON is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (-20.2%).
Return on Equity
High ROE: AVON has a negative Return on Equity (-17.7%), as it is currently unprofitable.
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How is Avon Protection's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: AVON's short term assets ($130.1M) exceed its short term liabilities ($48.7M).
Long Term Liabilities: AVON's short term assets ($130.1M) exceed its long term liabilities ($129.5M).
Debt to Equity History and Analysis
Debt Level: AVON's net debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: AVON's debt to equity ratio has increased from 2.8% to 34.3% over the past 5 years.
Debt Coverage: AVON's debt is not well covered by operating cash flow (18.9%).
Interest Coverage: Insufficient data to determine if AVON's interest payments on its debt are well covered by EBIT.
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What is Avon Protection current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AVON's dividend (3.3%) is higher than the bottom 25% of dividend payers in the UK market (1.86%).
High Dividend: AVON's dividend (3.3%) is low compared to the top 25% of dividend payers in the UK market (5.13%).
Stability and Growth of Payments
Stable Dividend: AVON's dividend payments have been volatile in the past 10 years.
Growing Dividend: AVON's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: AVON is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: AVON is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Paul McDonald (48 yo)
Mr. Paul McDonald has been Chief Executive at Avon Protection plc (formerly known as Avon Rubber p.l.c.) since February 15, 2017 and serves as its Director. Mr. McDonald served as the Managing Director of...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD1.39M) is above average for companies of similar size in the UK market ($USD1.06M).
Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.
Experienced Management: AVON's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Experienced Board: AVON's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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
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
- Implied Market Cap: UK£287.860m
- Shares outstanding: 29.60m
- 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||2022/08/09 00:00|
|End of Day Share Price||2022/08/09 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.