Financials AeroVironment, Inc.

Equities

AVAV

US0080731088

Aerospace & Defense

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
158.1 USD +1.57% Intraday chart for AeroVironment, Inc. +5.38% +25.43%

Valuation

Fiscal Period: April 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,618 1,432 2,701 1,987 2,526 4,420 - -
Enterprise Value (EV) 1 1,295 1,130 2,718 2,073 2,526 4,388 4,324 4,420
P/E ratio 34.8 x 35.2 x 115 x -472 x -14.3 x 79.2 x 57.9 x 43.2 x
Yield - - - - - - - -
Capitalization / Revenue 5.15 x 3.9 x 6.84 x 4.46 x 4.67 x 6.24 x 5.46 x 4.87 x
EV / Revenue 4.12 x 3.08 x 6.88 x 4.65 x 4.67 x 6.19 x 5.34 x 4.87 x
EV / EBITDA 31.2 x 19.8 x 37.8 x 33.4 x 28.1 x 34.7 x 27.5 x 24.3 x
EV / FCF 71.7 x 81.4 x 36.1 x -65 x -728 x 361 x 139 x 75.5 x
FCF Yield 1.39% 1.23% 2.77% -1.54% -0.14% 0.28% 0.72% 1.32%
Price to Book 3.55 x 2.84 x 4.47 x 3.3 x - - - -
Nbr of stocks (in thousands) 23,600 23,769 24,475 24,734 25,084 27,956 - -
Reference price 2 68.56 60.26 110.4 80.32 100.7 158.1 158.1 158.1
Announcement Date 6/25/19 6/23/20 6/29/21 6/28/22 6/27/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Aprile 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 314.3 367.3 394.9 445.7 540.5 708.8 809 907.8
EBITDA 1 41.5 57.02 72 62 90 126.4 157 181.6
EBIT 1 33.83 47.14 43.31 -9.887 -178.7 70.07 96.08 125.1
Operating Margin 10.76% 12.83% 10.97% -2.22% -33.05% 9.89% 11.88% 13.78%
Earnings before Tax (EBT) 1 50.48 52.67 34.36 -19.14 -188.4 61.09 89.64 117.7
Net income 1 47.44 41.07 23.33 -4.188 -176.2 54.05 76.8 101.4
Net margin 15.09% 11.18% 5.91% -0.94% -32.6% 7.63% 9.49% 11.17%
EPS 2 1.970 1.710 0.9600 -0.1700 -7.040 1.997 2.730 3.660
Free Cash Flow 1 18.05 13.88 75.27 -31.91 -3.468 12.17 31.17 58.5
FCF margin 5.74% 3.78% 19.06% -7.16% -0.64% 1.72% 3.85% 6.44%
FCF Conversion (EBITDA) 43.5% 24.34% 104.54% - - 9.63% 19.86% 32.2%
FCF Conversion (Net income) 38.05% 33.79% 322.61% - - 22.51% 40.58% 57.69%
Dividend per Share - - - - - - - -
Announcement Date 6/25/19 6/23/20 6/29/21 6/28/22 6/27/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: April 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4
Net sales 1 122 90.09 132.6 108.5 111.6 134.4 186 152.3 180.8 186.6 189.2 184.6 195.3 210.2 226.8
EBITDA 1 19.7 3.292 32 13 6.8 23 46 37 39.5 28.8 20.86 32.39 35.37 41.87 49.01
EBIT 1 3.339 -14.13 13.01 -3.274 -14.31 4.607 -165.7 26.37 25.18 14.33 4.191 15.27 18.77 25.59 32.1
Operating Margin 2.74% -15.68% 9.81% -3.02% -12.83% 3.43% -89.06% 17.31% 13.92% 7.68% 2.22% 8.27% 9.61% 12.17% 14.16%
Earnings before Tax (EBT) 1 -8.088 -15.6 18.28 -5.283 -15.81 -0.79 -166.5 23.23 20.37 15.22 2.286 13.35 16.82 24.92 31.02
Net income 1 2.525 0.01 7.258 -8.395 -6.668 -0.676 -160.5 21.9 17.84 13.88 0.406 11.28 14.25 21.18 26.53
Net margin 2.07% 0.01% 5.47% -7.74% -5.98% -0.5% -86.26% 14.37% 9.87% 7.44% 0.21% 6.11% 7.3% 10.08% 11.7%
EPS 2 0.1000 0.000400 0.2900 -0.3400 -0.2700 -0.0300 -6.310 0.8400 0.6600 0.5000 0.0167 0.4000 0.5050 0.7400 0.9200
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 12/7/21 3/3/22 6/28/22 9/7/22 12/6/22 3/6/23 6/27/23 9/5/23 12/5/23 3/4/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: April 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - 16.8 85.9 0.55 - - -
Net Cash position 1 323 303 - - - 32 95.5 -
Leverage (Debt/EBITDA) - - 0.2333 x 1.385 x 0.006056 x - - -
Free Cash Flow 1 18.1 13.9 75.3 -31.9 -3.47 12.2 31.2 58.5
ROE (net income / shareholders' equity) 10.9% 8.45% 4.16% -0.69% - - - -
ROA (Net income/ Total Assets) 9.66% 7.51% 3.08% -0.45% - - - -
Assets 1 491.1 546.9 756.8 921.4 - - - -
Book Value Per Share 19.30 21.20 24.70 24.40 - - - -
Cash Flow per Share - - - - - - - -
Capex 1 8.9 11.2 11.3 22.3 14.9 22.5 22.5 22
Capex / Sales 2.83% 3.05% 2.85% 5% 2.75% 3.17% 2.78% 2.42%
Announcement Date 6/25/19 6/23/20 6/29/21 6/28/22 6/27/23 - - -
1USD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
158.1 USD
Average target price
180.2 USD
Spread / Average Target
+14.02%
Consensus
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  4. Financials AeroVironment, Inc.