AMEX:AWX

Stock Analysis Report

Executive Summary

Avalon Holdings Corporation provides waste management services to industrial, commercial, municipal, and governmental customers in the United States.

Snowflake

Fundamentals

Adequate balance sheet and overvalued.

Share Price & News

How has Avalon Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-2.5%

AWX

2.4%

US Commercial Services

1.0%

US Market


1 Year Return

-31.4%

AWX

19.6%

US Commercial Services

8.0%

US Market

Return vs Industry: AWX underperformed the US Commercial Services industry which returned 19.6% over the past year.

Return vs Market: AWX underperformed the US Market which returned 8% over the past year.


Shareholder returns

AWXIndustryMarket
7 Day-2.5%2.4%1.0%
30 Day-5.2%2.9%-0.07%
90 Day-12.5%2.6%-1.0%
1 Year-31.4%-31.4%24.1%19.6%10.4%8.0%
3 Year-22.8%-22.8%74.6%62.7%46.2%36.7%
5 Year-37.4%-37.4%107.3%86.3%64.3%46.2%

Price Volatility Vs. Market

How volatile is Avalon Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Avalon Holdings undervalued compared to its fair value and its price relative to the market?

0.22x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate AWX's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate AWX's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: AWX is unprofitable, so we can't compare its PE Ratio to the Commercial Services industry average.

PE vs Market: AWX 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 AWX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AWX is good value based on its PB Ratio (0.2x) compared to the US Commercial Services industry average (1.9x).


Next Steps

Future Growth

How is Avalon Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.6%

Forecasted Commercial Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Avalon Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Avalon Holdings performed over the past 5 years?

18.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: AWX is unprofitable, but has reduced losses over the past 5 years at a rate of 18.5% per year.

Accelerating Growth: Unable to compare AWX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AWX is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (-2.4%).


Return on Equity

High ROE: AWX has a negative Return on Equity (-8.16%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: AWX is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: AWX is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Avalon Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: AWX's short term assets ($18.1M) do not cover its short term liabilities ($20.7M)

Long Term Liabilities: AWX's short term assets (18.1M) exceeds its long term liabilities (15.2M)


Debt to Equity History and Analysis

Debt Level: AWX's debt to equity ratio (37.6%) is considered satisfactory

Reducing Debt: AWX's debt to equity ratio has increased from 0.07% to 37.6% over the past 5 years.


Balance Sheet

Inventory Level: AWX has a high level of physical assets or inventory.

Debt Coverage by Assets: AWX's debt is covered by short term assets (assets are 1.291960x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: AWX has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: AWX has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 1.5% each year


Next Steps

Dividend

What is Avalon Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate AWX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate AWX's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if AWX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AWX'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 AWX's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Avalon Holdings's salary, the management and board of directors tenure and is there insider trading?

8.7yrs

Average management tenure


CEO

Ron Klingle (71yo)

8.7yrs

Tenure

US$242,447

Compensation

Mr. Ronald E. Klingle, also known as Ron, has been the Chief Executive Officer of Avalon Holdings Corp. since February 16, 2011. Mr. Klingle has over 30 years of environmental experience. He served the Chi ...


CEO Compensation Analysis

Compensation vs. Market: Ron's total compensation ($USD242.45K) is about average for companies of similar size in the US market ($USD509.77K).

Compensation vs Earnings: Ron's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

8.7yrs

Average Tenure

66yo

Average Age

Experienced Management: AWX's management team is seasoned and experienced (8.7 years average tenure).


Board Age and Tenure

12.5yrs

Average Tenure

61yo

Average Age

Experienced Board: AWX's board of directors are seasoned and experienced ( 12.5 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Ron Klingle (71yo)

    Chairman & CEO

    • Tenure: 8.7yrs
    • Compensation: US$242.45k
  • Kenneth McMahon (66yo)

    CEO & President of American Waste Management Services

    • Tenure: 21.3yrs
    • Compensation: US$528.49k
  • Frances Klingle (72yo)

    Chief Administrative Officer

    • Tenure: 21.3yrs
    • Compensation: US$105.00k
  • Richard Fees

    Controller

    • Tenure: 0yrs
  • Bryan Saksa (42yo)

    CFO, Treasurer

    • Tenure: 4.5yrs
    • Compensation: US$185.00k
  • Clifford Davis (56yo)

    Chief Technology Officer

    • Tenure: 3.2yrs

Board Members

  • Ron Klingle (71yo)

    Chairman & CEO

    • Tenure: 8.7yrs
    • Compensation: US$242.45k
  • Stephen Gordon (77yo)

    Independent Director

    • Tenure: 21.3yrs
    • Compensation: US$24.00k
  • Kurtis Gramley (56yo)

    Independent Director

    • Tenure: 12.5yrs
    • Compensation: US$24.00k
  • David A. Bozanich (61yo)

    Independent Director

    • Tenure: 12.5yrs
    • Compensation: US$24.00k
  • Bryan Saksa (42yo)

    CFO, Treasurer

    • Tenure: 4.5yrs
    • Compensation: US$185.00k

Company Information

Avalon Holdings Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Avalon Holdings Corporation
  • Ticker: AWX
  • Exchange: AMEX
  • Founded: 1998
  • Industry: Environmental and Facilities Services
  • Sector: Commercial Services
  • Market Cap: US$8.374m
  • Shares outstanding: 3.88m
  • Website: https://www.avalonholdings.com

Number of Employees


Location

  • Avalon Holdings Corporation
  • One American Way
  • Warren
  • Ohio
  • 44484
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AWXAMEX (NYSE MKT LLC)YesClass A Common StockUSUSDMay 1998

Biography

Avalon Holdings Corporation provides waste management services to industrial, commercial, municipal, and governmental customers in the United States. It operates through Waste Management Services, and Golf ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 23:32
End of Day Share Price2019/10/21 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.