AVEVA Group
Market Cap
UK£10.9b
Last Updated
2021/01/17 19:08 UTC
Data Sources
Company Financials +
Executive Summary
AVEVA Group plc, through its subsidiaries, provides engineering and industrial software solutions in the Asia Pacific, Europe, the Middle East, Africa, and the Americas. More Details
Snowflake Analysis
Excellent balance sheet with reasonable growth potential.
Similar Companies
Share Price & News
How has AVEVA Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AVV is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: AVV's weekly volatility (8%) has been stable over the past year.
Market Performance
7 Day Return
7.8%
AVV
0.8%
GB Software
-1.7%
GB Market
1 Year Return
-24.7%
AVV
-14.7%
GB Software
-8.7%
GB Market
Return vs Industry: AVV underperformed the UK Software industry which returned -14.7% over the past year.
Return vs Market: AVV underperformed the UK Market which returned -8.7% over the past year.
Shareholder returns
| AVV | Industry | Market | |
|---|---|---|---|
| 7 Day | 7.8% | 0.8% | -1.7% |
| 30 Day | 18.6% | 6.4% | 3.7% |
| 90 Day | -15.6% | -3.9% | 14.8% |
| 1 Year | -5.1%-24.7% | -6.5%-14.7% | -4.9%-8.7% |
| 3 Year | n/a | -27.7%-36.7% | 3.7%-9.0% |
| 5 Year | n/a | 23.9%0.5% | 47.0%13.7% |
Long-Term Price Volatility Vs. Market
How volatile is AVEVA Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Don't Race Out To Buy AVEVA Group plc (LON:AVV) Just Because It's Going Ex-Dividend2 weeks ago | Simply Wall St
Do Institutions Own AVEVA Group plc (LON:AVV) Shares?1 month ago | Simply Wall St
AVEVA Group's (LON:AVV) Stock Price Has Reduced 26% In The Past YearValuation
Is AVEVA Group undervalued compared to its fair value and its price relative to the market?
194.6x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: AVV (£38.05) is trading above our estimate of fair value (£15.79)
Significantly Below Fair Value: AVV is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AVV is poor value based on its PE Ratio (194.6x) compared to the GB Software industry average (49.2x).
PE vs Market: AVV is poor value based on its PE Ratio (194.6x) compared to the UK market (22.6x).
Price to Earnings Growth Ratio
PEG Ratio: AVV is poor value based on its PEG Ratio (3.7x)
Price to Book Ratio
PB vs Industry: AVV is good value based on its PB Ratio (3.3x) compared to the GB Software industry average (3.9x).
Next Steps
Future Growth
How is AVEVA Group forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
52.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AVV's forecast earnings growth (52.2% per year) is above the savings rate (1%).
Earnings vs Market: AVV's earnings (52.2% per year) are forecast to grow faster than the UK market (26% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AVV's revenue (11.8% per year) is forecast to grow faster than the UK market (6.5% per year).
High Growth Revenue: AVV's revenue (11.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AVV's Return on Equity is forecast to be low in 3 years time (13.2%).
Next Steps
Past Performance
How has AVEVA Group performed over the past 5 years?
10.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AVV has a large one-off loss of £54.6M impacting its September 30 2020 financial results.
Growing Profit Margin: AVV's current net profit margins (4.1%) are lower than last year (7%).
Past Earnings Growth Analysis
Earnings Trend: AVV's earnings have grown by 10.1% per year over the past 5 years.
Accelerating Growth: AVV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AVV had negative earnings growth (-45.4%) over the past year, making it difficult to compare to the Software industry average (-3.2%).
Return on Equity
High ROE: AVV's Return on Equity (1.7%) is considered low.
Next Steps
Financial Health
How is AVEVA Group's financial position?
Financial Position Analysis
Short Term Liabilities: AVV's short term assets (£452.0M) exceed its short term liabilities (£304.3M).
Long Term Liabilities: AVV's short term assets (£452.0M) exceed its long term liabilities (£186.2M).
Debt to Equity History and Analysis
Debt Level: AVV's debt to equity ratio (1.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if AVV's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AVV's debt is well covered by operating cash flow (593%).
Interest Coverage: AVV's interest payments on its debt are well covered by EBIT (43.8x coverage).
Balance Sheet
Next Steps
Dividend
What is AVEVA Group current dividend yield, its reliability and sustainability?
1.17%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AVV's dividend (1.17%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.55%).
High Dividend: AVV's dividend (1.17%) is low compared to the top 25% of dividend payers in the UK market (4.55%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, AVV has been paying a dividend for less than 10 years.
Growing Dividend: AVV's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (227.6%), AVV's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AVV's dividends in 3 years are forecast to be well covered by earnings (45.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.9yrs
Average management tenure
CEO
Craig Hayman (57 yo)
2.92yrs
Tenure
UK£5,427,000
Compensation
Mr. Craig Hayman was the Chief Executive Officer and Executive Director of AVEVA Group plc since February 19, 2018. He had served as Chief Operating Officer and Executive Vice President at PTC Inc. from No...
CEO Compensation Analysis
Compensation vs Market: Craig's total compensation ($USD7.38M) is above average for companies of similar size in the UK market ($USD4.02M).
Compensation vs Earnings: Craig's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 2.92yrs | UK£5.43m | 0.024% £ 2.7m | |
| Deputy CEO | 10yrs | UK£3.59m | 0.018% £ 2.0m | |
| Chief Operating Officer | 2.83yrs | no data | 0.0023% £ 249.0k | |
| CTO and Executive VP of R&D | 1.25yrs | no data | 0.00021% £ 22.9k | |
| Head of Investor Relations | no data | no data | no data | |
| Group General Counsel & Deputy Company Secretary | no data | no data | no data | |
| Chief Marketing Officer | 2.17yrs | no data | 0.00010% £ 10.9k | |
| Chief Human Resources Officer | 2.83yrs | no data | no data | |
| Chief Revenue Officer | 3.58yrs | no data | 0.0013% £ 137.6k | |
| Head of Global Talent & HR Services | no data | no data | no data | |
| Finance Director & Company Secretary | 2.92yrs | UK£677.05k | 0.0038% £ 412.8k |
2.9yrs
Average Tenure
54yo
Average Age
Experienced Management: AVV's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 2.92yrs | UK£5.43m | 0.024% £ 2.7m | |
| Deputy CEO | 10yrs | UK£3.59m | 0.018% £ 2.0m | |
| Independent Non-Executive Chairman | 8.67yrs | UK£277.00k | 0.0014% £ 158.3k | |
| Senior Independent Non-Executive Director | 3.5yrs | UK£85.55k | 0.0025% £ 270.8k | |
| Independent Non-Executive Director | 3.83yrs | UK£61.50k | 0.0019% £ 203.1k | |
| Non-Executive Vice Chairman | 0.75yr | no data | 0.0025% £ 270.8k | |
| Independent Non-Executive Director | 7.5yrs | UK£73.75k | 0.0062% £ 675.9k | |
| Non-Executive Director | 0.75yr | no data | no data | |
| Independent Non-Executive Director | 1.92yrs | UK£61.50k | no data |
3.5yrs
Average Tenure
60yo
Average Age
Experienced Board: AVV's board of directors are considered experienced (3.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AVV insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 78.1%.
Top Shareholders
Company Information
AVEVA Group plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: AVEVA Group plc
- Ticker: AVV
- Exchange: LSE
- Founded: 1967
- Industry: Application Software
- Sector: Software
- Market Cap: UK£10.920b
- Shares outstanding: 286.98m
- Website: https://www.aveva.com
Number of Employees
Location
- AVEVA Group plc
- High Cross
- Madingley Road
- Cambridge
- Cambridgeshire
- CB3 0HB
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| AVV | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Mar 2018 |
| 4A91 | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Mar 2018 |
| AVEV.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Mar 2018 |
| AVVL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | Mar 2018 |
| AVVY.Y | OTCPK (Pink Sheets LLC) | UNSPONSORD ADR | US | USD | Mar 2018 | |
| AVV N | BMV (Bolsa Mexicana de Valores) | Yes | Ordinary Shares | MX | MXN | Mar 2018 |
| AVVF | LSE (London Stock Exchange) | ORD GBP0.03555 FPD 09/12/2020 | GB | GBP | Dec 2020 |
Biography
AVEVA Group plc, through its subsidiaries, provides engineering and industrial software solutions in the Asia Pacific, Europe, the Middle East, Africa, and the Americas. The company offers engineering, pro...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/17 19:08 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
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.