Snowflake Score | |
---|---|
Valuation | 1/6 |
Future Growth | 3/6 |
Past Performance | 1/6 |
Financial Health | 4/6 |
Dividends | 0/6 |
AVO Stock Overview
Mission Produce, Inc. engages in sourcing, producing, packaging, and distributing avocados in the United States and internationally.
Mission Produce Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$14.25 |
52 Week High | US$21.50 |
52 Week Low | US$11.04 |
Beta | 0 |
1 Month Change | 6.58% |
3 Month Change | 10.21% |
1 Year Change | -31.82% |
3 Year Change | n/a |
5 Year Change | n/a |
Change since IPO | 3.26% |
Recent News & Updates
Is Mission Produce, Inc. (NASDAQ:AVO) Trading At A 22% Discount?
Today we will run through one way of estimating the intrinsic value of Mission Produce, Inc. ( NASDAQ:AVO ) by taking...
Capital Allocation Trends At Mission Produce (NASDAQ:AVO) Aren't Ideal
What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Shareholder Returns
AVO | US Food | US Market | |
---|---|---|---|
7D | -1.5% | 3.4% | 1.6% |
1Y | -31.8% | -0.9% | -20.8% |
Return vs Industry: AVO underperformed the US Food industry which returned -0.9% over the past year.
Return vs Market: AVO underperformed the US Market which returned -20.8% over the past year.
Price Volatility
AVO volatility | |
---|---|
AVO Average Weekly Movement | 5.0% |
Food Industry Average Movement | 6.5% |
Market Average Movement | 8.1% |
10% most volatile stocks in US Market | 16.8% |
10% least volatile stocks in US Market | 3.2% |
Stable Share Price: AVO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: AVO's weekly volatility (5%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1983 | 2,800 | Steve Barnard | https://missionproduce.com |
Mission Produce, Inc. engages in sourcing, producing, packaging, and distributing avocados in the United States and internationally. The company operates through two segments, Marketing and Distribution, and International Farming. It also provides value-added services, including ripening, bagging, custom packing, and logistical management.
Mission Produce Fundamentals Summary
AVO fundamental statistics | |
---|---|
Market Cap | US$1.01b |
Earnings (TTM) | US$24.30m |
Revenue (TTM) | US$978.50m |
41.4x
P/E Ratio1.0x
P/S RatioIs AVO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
AVO income statement (TTM) | |
---|---|
Revenue | US$978.50m |
Cost of Revenue | US$883.50m |
Gross Profit | US$95.00m |
Other Expenses | US$70.70m |
Earnings | US$24.30m |
Last Reported Earnings
Apr 30, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | 0.34 |
Gross Margin | 9.71% |
Net Profit Margin | 2.48% |
Debt/Equity Ratio | 30.4% |
How did AVO perform over the long term?
See historical performance and comparisonValuation
Is AVO undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for AVO?
Other financial metrics that can be useful for relative valuation.
What is AVO's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | US$1.01b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 1.2x |
Enterprise Value/EBITDA | 25.1x |
PEG Ratio | 0.9x |
Price to Earnings Ratio vs Peers
How does AVO's PE Ratio compare to its peers?
AVO PE Ratio vs Peers |
---|
Company | PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 22.5x | ||
AGRO Adecoagro | 5.3x | -5.3% | US$928.4m |
JBSS John B. Sanfilippo & Son | 14.7x | n/a | US$835.5m |
BGS B&G Foods | 25.5x | 12.7% | US$1.6b |
UTZ Utz Brands | 44.4x | -7.1% | US$1.9b |
AVO Mission Produce | 41.4x | 44.1% | US$1.0b |
Price-To-Earnings vs Peers: AVO is expensive based on its Price-To-Earnings Ratio (41.4x) compared to the peer average (22.5x).
Price to Earnings Ratio vs Industry
How does AVO's PE Ratio compare vs other companies in the US Food Industry?
Price-To-Earnings vs Industry: AVO is expensive based on its Price-To-Earnings Ratio (41.4x) compared to the US Food industry average (17.3x)
Price to Earnings Ratio vs Fair Ratio
What is AVO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PE Ratio | 41.4x |
Fair PE Ratio | 33.9x |
Price-To-Earnings vs Fair Ratio: AVO is expensive based on its Price-To-Earnings Ratio (41.4x) compared to the estimated Fair Price-To-Earnings Ratio (33.9x).
Share Price vs Fair Value
What is the Fair Price of AVO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: AVO ($14.25) is trading above our estimate of fair value ($11.82)
Significantly Below Fair Value: AVO is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: AVO is good value based on its PEG Ratio (0.9x)
Discover undervalued companies
Future Growth
How is Mission Produce forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score
3/6Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
44.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AVO's forecast earnings growth (44.1% per year) is above the savings rate (1.9%).
Earnings vs Market: AVO's earnings (44.1% per year) are forecast to grow faster than the US market (13.7% per year).
High Growth Earnings: AVO's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AVO's revenue (6.9% per year) is forecast to grow slower than the US market (8.3% per year).
High Growth Revenue: AVO's revenue (6.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AVO's Return on Equity is forecast to be low in 3 years time (10.4%).
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Past Performance
How has Mission Produce performed over the past 5 years?
Past Performance Score
1/6Past Performance Score 1/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-26.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AVO has high quality earnings.
Growing Profit Margin: AVO's current net profit margins (2.5%) are lower than last year (6.1%).
Past Earnings Growth Analysis
Earnings Trend: AVO's earnings have declined by 26.4% per year over the past 5 years.
Accelerating Growth: AVO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AVO had negative earnings growth (-53.1%) over the past year, making it difficult to compare to the Food industry average (13.1%).
Return on Equity
High ROE: AVO's Return on Equity (4.6%) is considered low.
Discover strong past performing companies
Financial Health
How is Mission Produce's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: AVO's short term assets ($255.1M) exceed its short term liabilities ($128.8M).
Long Term Liabilities: AVO's short term assets ($255.1M) exceed its long term liabilities ($247.2M).
Debt to Equity History and Analysis
Debt Level: AVO's net debt to equity ratio (26.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if AVO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AVO's debt is not well covered by operating cash flow (18.9%).
Interest Coverage: AVO earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Dividend
What is Mission Produce current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
0.39%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AVO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AVO'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 AVO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AVO's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: AVO is not paying a notable dividend for the US market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as AVO has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
11.4yrs
Average board tenure
CEO
Steve Barnard (68 yo)
no data
Tenure
US$1,266,091
Compensation
Mr. Stephen J. Barnard, also known as Steve, founded Mission Produce, Inc. in 1983 and serves as its President and Chief Executive Officer. He is a Director at Mission Produce, Inc. since 1983. Mr. Barnard...
CEO Compensation Analysis
Compensation vs Market: Steve's total compensation ($USD1.27M) is below average for companies of similar size in the US market ($USD4.00M).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
Board Members
Experienced Board: AVO's board of directors are seasoned and experienced ( 11.4 years average tenure).
Ownership
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
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Mission Produce, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Mission Produce, Inc.
- Ticker: AVO
- Exchange: NasdaqGS
- Founded: 1983
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Implied Market Cap: US$1.007b
- Shares outstanding: 70.66m
- Website: https://missionproduce.com
Number of Employees
Location
- Mission Produce, Inc.
- 2710 Camino Del Sol
- Oxnard
- California
- 93030
- United States
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/06/30 00:00 |
End of Day Share Price | 2022/06/30 00:00 |
Earnings | 2022/04/30 |
Annual Earnings | 2021/10/31 |
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.