AVI Limited, together with its subsidiaries, manufactures, processes, markets, and distributes branded consumer products in the food, beverage, footwear, apparel, and cosmetics categories in South Africa and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||R79.34|
|52 Week High||R69.51|
|52 Week Low||R90.57|
|1 Month Change||-10.81%|
|3 Month Change||8.21%|
|1 Year Change||-0.69%|
|3 Year Change||-19.86%|
|5 Year Change||-14.23%|
|Change since IPO||244.96%|
Recent News & Updates
|AVI||ZA Food||ZA Market|
Return vs Industry: AVI underperformed the ZA Food industry which returned 2.8% over the past year.
Return vs Market: AVI underperformed the ZA Market which returned 19.9% over the past year.
Stable Share Price: AVI is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: AVI's weekly volatility (5%) has been stable over the past year.
About the Company
AVI Limited, together with its subsidiaries, manufactures, processes, markets, and distributes branded consumer products in the food, beverage, footwear, apparel, and cosmetics categories in South Africa and internationally. It operates through Entyce Beverages, Snackworks, I&J, Personal Care, and Footwear & Apparel segments. The company provides hot beverages, sweet and savoury biscuits and snacks, frozen convenience foods, out-of-home ranges, personal care products, footwears, accessories, and fashion apparels.
AVI Fundamentals Summary
|AVI fundamental statistics|
Is AVI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AVI income statement (TTM)|
|Cost of Revenue||R8.10b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||4.98|
|Net Profit Margin||12.40%|
How did AVI perform over the long term?See historical performance and comparison
5.5%Current Dividend Yield
Is AVI 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: AVI (ZAR79.34) is trading below our estimate of fair value (ZAR85.26)
Significantly Below Fair Value: AVI is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: AVI is poor value based on its PE Ratio (15.9x) compared to the ZA Food industry average (11.2x).
PE vs Market: AVI is poor value based on its PE Ratio (15.9x) compared to the ZA market (11.4x).
Price to Earnings Growth Ratio
PEG Ratio: AVI is poor value based on its PEG Ratio (2x)
Price to Book Ratio
PB vs Industry: AVI is overvalued based on its PB Ratio (6x) compared to the ZA Food industry average (1.2x).
How is AVI forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AVI's forecast earnings growth (8.1% per year) is below the savings rate (8.8%).
Earnings vs Market: AVI's earnings (8.1% per year) are forecast to grow slower than the ZA market (12.2% per year).
High Growth Earnings: AVI's earnings are forecast to grow, but not significantly.
Revenue vs Market: AVI's revenue (5.1% per year) is forecast to grow slower than the ZA market (6.3% per year).
High Growth Revenue: AVI's revenue (5.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AVI's Return on Equity is forecast to be very high in 3 years time (41.3%).
How has AVI performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AVI has high quality earnings.
Growing Profit Margin: AVI's current net profit margins (12.4%) are lower than last year (14.7%).
Past Earnings Growth Analysis
Earnings Trend: AVI's earnings have grown by 3% per year over the past 5 years.
Accelerating Growth: AVI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AVI had negative earnings growth (-15.5%) over the past year, making it difficult to compare to the Food industry average (0.6%).
Return on Equity
High ROE: AVI's Return on Equity (37.4%) is considered high.
How is AVI's financial position?
Financial Position Analysis
Short Term Liabilities: AVI's short term assets (ZAR4.5B) exceed its short term liabilities (ZAR3.5B).
Long Term Liabilities: AVI's short term assets (ZAR4.5B) exceed its long term liabilities (ZAR954.3M).
Debt to Equity History and Analysis
Debt Level: AVI's debt to equity ratio (36.6%) is considered satisfactory.
Reducing Debt: AVI's debt to equity ratio has reduced from 38.7% to 36.6% over the past 5 years.
Debt Coverage: AVI's debt is well covered by operating cash flow (140.4%).
Interest Coverage: AVI's interest payments on its debt are well covered by EBIT (24.3x coverage).
What is AVI current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AVI's dividend (5.48%) is higher than the bottom 25% of dividend payers in the ZA market (3.08%).
High Dividend: AVI's dividend (5.48%) is low compared to the top 25% of dividend payers in the ZA market (8.02%).
Stability and Growth of Payments
Stable Dividend: AVI's dividend payments have been volatile in the past 10 years.
Growing Dividend: AVI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (87.2%), AVI's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AVI's dividends in 3 years are forecast to be covered by earnings (87.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Simon Crutchley (58 yo)
Mr. Simon Leigh Crutchley, BBusSci (UCT), has been the Chief Executive Officer at Avi Ltd. since October 1, 2005. Mr. Crutchley serves as Acting Managing Director of A&D Spitz Proprietary Limited.He was a...
CEO Compensation Analysis
Compensation vs Market: Simon's total compensation ($USD2.03M) is above average for companies of similar size in the ZA market ($USD944.32K).
Compensation vs Earnings: Simon's compensation has been consistent with company performance over the past year.
Experienced Management: AVI's management team is seasoned and experienced (9.8 years average tenure).
Experienced Board: AVI's board of directors are seasoned and experienced ( 10.8 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 not been meaningfully diluted in the past year.
AVI Limited's employee growth, exchange listings and data sources
- Name: AVI Limited
- Ticker: AVI
- Exchange: JSE
- Founded: NaN
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: R26.224b
- Shares outstanding: 330.53m
- Website: https://www.avi.co.za
Number of Employees
- AVI Limited
- 2 Harries Road
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 20:54|
|End of Day Share Price||2021/10/21 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.