AeroVironment, Inc. designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$84.40|
|52 Week High||US$59.13|
|52 Week Low||US$143.72|
|1 Month Change||-15.62%|
|3 Month Change||-24.38%|
|1 Year Change||39.90%|
|3 Year Change||-23.61%|
|5 Year Change||248.62%|
|Change since IPO||252.70%|
Recent News & Updates
Here's Why AeroVironment, Inc.'s (NASDAQ:AVAV) CEO May Not Expect A Pay Rise This Year
Performance at AeroVironment, Inc. ( NASDAQ:AVAV ) has not been particularly rosy recently and shareholders will likely...
AeroVironment: A Drone Bet Beyond Defense
AeroVironment is well-positioned to benefit from the increasing adoption of drones in both defense and agriculture. The company is already in a stage where it can generate significant free cash flow used to fund future acquisitions. The biggest risk is competition, which will likely force the company to pick a niche market in defense and to explore opportunities in i.e., agriculture.
Estimating The Fair Value Of AeroVironment, Inc. (NASDAQ:AVAV)
In this article we are going to estimate the intrinsic value of AeroVironment, Inc. ( NASDAQ:AVAV ) by estimating the...
|AVAV||US Aerospace & Defense||US Market|
Return vs Industry: AVAV exceeded the US Aerospace & Defense industry which returned 23.2% over the past year.
Return vs Market: AVAV exceeded the US Market which returned 36.2% over the past year.
Stable Share Price: AVAV is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: AVAV's weekly volatility (5%) has been stable over the past year.
About the Company
AeroVironment, Inc. designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses. It operates in two segments, Unmanned Aircraft Systems (UAS) and Medium Unmanned Aircraft Systems (MUAS). The company supplies UAS, tactical missile systems, and related services primarily to organizations within the U.S.
AeroVironment Fundamentals Summary
|AVAV fundamental statistics|
Is AVAV overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AVAV income statement (TTM)|
|Cost of Revenue||US$250.60m|
Last Reported Earnings
Jul 31, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.03|
|Net Profit Margin||-0.18%|
How did AVAV perform over the long term?See historical performance and comparison
Is AeroVironment 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: AVAV ($84.4) is trading below our estimate of fair value ($115.07)
Significantly Below Fair Value: AVAV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AVAV is unprofitable, so we can't compare its PE Ratio to the US Aerospace & Defense industry average.
PE vs Market: AVAV is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AVAV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AVAV is overvalued based on its PB Ratio (3.5x) compared to the US Aerospace & Defense industry average (3.1x).
How is AeroVironment forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AVAV is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: AVAV is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: AVAV's is expected to become profitable in the next 3 years.
Revenue vs Market: AVAV's revenue (14.6% per year) is forecast to grow faster than the US market (9.8% per year).
High Growth Revenue: AVAV's revenue (14.6% 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 AVAV's Return on Equity is forecast to be high in 3 years time
How has AeroVironment performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AVAV is currently unprofitable.
Growing Profit Margin: AVAV is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AVAV is unprofitable, but has reduced losses over the past 5 years at a rate of 12.6% per year.
Accelerating Growth: Unable to compare AVAV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AVAV is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (2.5%).
Return on Equity
High ROE: AVAV has a negative Return on Equity (-0.1%), as it is currently unprofitable.
How is AeroVironment's financial position?
Financial Position Analysis
Short Term Liabilities: AVAV's short term assets ($344.9M) exceed its short term liabilities ($82.7M).
Long Term Liabilities: AVAV's short term assets ($344.9M) exceed its long term liabilities ($227.6M).
Debt to Equity History and Analysis
Debt Level: AVAV's debt to equity ratio (32.6%) is considered satisfactory.
Reducing Debt: AVAV had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: AVAV's debt is well covered by operating cash flow (22.7%).
Interest Coverage: AVAV's interest payments on its debt are well covered by EBIT (13.5x coverage).
What is AeroVironment current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AVAV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AVAV's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AVAV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AVAV's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AVAV's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Wahid Nawabi (52 yo)
Mr. Wahid Nawabi has been the Chief Executive Officer and President of AeroVironment, Inc. since May 2, 2016 and January 16, 2016 respectively. Mr. Nawabi served as Chief Operating Officer of AeroVironment...
CEO Compensation Analysis
Compensation vs Market: Wahid's total compensation ($USD2.52M) is below average for companies of similar size in the US market ($USD3.68M).
Compensation vs Earnings: Wahid's compensation has been consistent with company performance over the past year.
Experienced Management: AVAV's management team is considered experienced (2.4 years average tenure).
Experienced Board: AVAV's board of directors are considered experienced (8.4 years average tenure).
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 been diluted in the past year, with total shares outstanding growing by 3%.
AeroVironment, Inc.'s employee growth, exchange listings and data sources
- Name: AeroVironment, Inc.
- Ticker: AVAV
- Exchange: NasdaqGS
- Founded: 1971
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: US$2.066b
- Shares outstanding: 24.63m
- Website: https://www.avinc.com
Number of Employees
- AeroVironment, Inc.
- 241 18th Street South
- Suite 415
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/23 23:01|
|End of Day Share Price||2021/09/23 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.