AeroVironment Fundamentals

AVAV
 Stock
  

USD 92.68  1.27  1.39%   

AeroVironment fundamentals help investors to digest information that contributes to AeroVironment's financial success or failures. It also enables traders to predict the movement of AeroVironment Stock. The fundamental analysis module provides a way to measure AeroVironment's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to AeroVironment stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
AeroVironment Direct Expenses is fairly stable at the moment as compared to the past year. AeroVironment reported Direct Expenses of 304.5 Million in 2021. Gross Profit is likely to climb to about 143.7 M in 2022, whereas Cost of Revenue is likely to drop slightly above 266.4 M in 2022.

AeroVironment Cash and Equivalents Analysis

AeroVironment's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

AeroVironment Cash and Equivalents

89.3 Million

Cash 
 = 
Bank Deposits 
+  
Liquidities 
More About Cash and Equivalents | All Equity Analysis

Current AeroVironment Cash and Equivalents

    
  105.84 M  
Most of AeroVironment's fundamental indicators, such as Cash and Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, AeroVironment is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

AeroVironment Cash and Equivalents Historical Pattern

Today, most investors in AeroVironment Stock are looking for potential investment opportunities by analyzing not only static indicators but also various AeroVironment's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash and equivalents growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of AeroVironment cash and equivalents as a starting point in their analysis.
   AeroVironment Cash and Equivalents   
Share
       Timeline  
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
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AeroVironment Cash and Equivalents

Cash and Equivalents

89.3 Million

AeroVironment Cash and Equivalents is fairly stable at the moment as compared to the past year. AeroVironment reported Cash and Equivalents of 77.23 Million in 2021
In accordance with the recently published financial statements, AeroVironment has 105.84 M in Cash and Equivalents. This is 73.07% lower than that of the Aerospace & Defense sector and 88.23% lower than that of the Industrials industry. The cash and equivalents for all United States stocks is 96.08% higher than that of the company.

AeroVironment Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining AeroVironment's current stock value. Our valuation model uses many indicators to compare AeroVironment value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across AeroVironment competition to find correlations between indicators driving AeroVironment's intrinsic value. More Info.
AeroVironment is rated second in cash per share category among related companies. It is rated second in gross profit category among related companies fabricating about  33,076,347  of Gross Profit per Cash per Share. AeroVironment Gross Profit is fairly stable at the moment as compared to the past year. AeroVironment reported Gross Profit of 141.24 Million in 2021. Comparative valuation analysis is a catch-all model that can be used if you cannot value AeroVironment by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for AeroVironment's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the AeroVironment's earnings, one of the primary drivers of an investment's value.

AeroVironment Current Valuation Drivers

We derive many important indicators used in calculating different scores of AeroVironment from analyzing AeroVironment's financial statements. These drivers represent accounts that assess AeroVironment's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of AeroVironment's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee28.79 K67.87 K49.47 K19.82 K(3.42 K)(3.51 K)
Revenue Per Employee388.88 K449.61 K442.38 K335.52 K364.46 K353.68 K
Average Assets439.07 M493.68 M555.78 M671.35 M913.33 M759.57 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA37.26 M53.12 M54.91 M47.78 M16.79 M22.96 M
Earnings Before Interest Taxes and Depreciation Amortization USD33.65 M55.08 M56.56 M48.9 M58.52 M51.85 M
Earnings before Tax27.66 M52.08 M46.92 M23.87 M(14.56 M)(14.94 M)
Average Equity392.39 M449.84 M493.13 M545.28 M602.13 M550.87 M
Enterprise Value1.19 B1.49 B1.32 B2.41 B2.14 B1.74 B
Free Cash Flow59.65 M18.05 M13.96 M75.27 M(31.91 M)(32.75 M)
Invested Capital267.81 M290.81 M253.09 M485.94 M520.58 M446.46 M
Invested Capital Average271.96 M290.82 M325.79 M305.18 M507.89 M430.52 M
Market Capitalization1.3 B1.64 B1.45 B2.72 B2 B1.73 B
Tangible Asset Value473.42 M508.38 M564.98 M508.09 M482.63 M511.59 M
Working Capital336.96 M424.72 M436.97 M305.45 M267.52 M317.93 M

AeroVironment Fundamentals

About AeroVironment Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze AeroVironment's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AeroVironment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AeroVironment based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2022
Cost of Revenue304.5 M266.4 M
Revenues445.7 M362.2 M
Revenue to Assets 0.49  0.64 
Revenue Per Employee364.5 K353.7 K

AeroVironment Investors Sentiment

The influence of AeroVironment's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in AeroVironment. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to AeroVironment's public news can be used to forecast risks associated with investment in AeroVironment. The trend in average sentiment can be used to explain how an investor holding AeroVironment can time the market purely based on public headlines and social activities around AeroVironment. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
AeroVironment's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for AeroVironment's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average AeroVironment's news discussions. The higher the estimated score, the more favorable is the investor's outlook on AeroVironment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AeroVironment in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AeroVironment's short interest history, or implied volatility extrapolated from AeroVironment options trading.

Pair Trading with AeroVironment

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AeroVironment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AeroVironment will appreciate offsetting losses from the drop in the long position's value.

Moving together with AeroVironment

+0.68FBHSFortune Brands Home Downward RallyPairCorr
The ability to find closely correlated positions to AeroVironment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AeroVironment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AeroVironment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AeroVironment to buy it.
The correlation of AeroVironment is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AeroVironment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AeroVironment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AeroVironment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to AeroVironment Piotroski F Score and AeroVironment Altman Z Score analysis. Note that the AeroVironment information on this page should be used as a complementary analysis to other AeroVironment's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

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When running AeroVironment price analysis, check to measure AeroVironment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AeroVironment is operating at the current time. Most of AeroVironment's value examination focuses on studying past and present price action to predict the probability of AeroVironment's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move AeroVironment's price. Additionally, you may evaluate how the addition of AeroVironment to your portfolios can decrease your overall portfolio volatility.
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Is AeroVironment's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AeroVironment. If investors know AeroVironment will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AeroVironment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.36) 
Market Capitalization
2.3 B
Quarterly Revenue Growth YOY
0.074
Return On Assets
(0.002) 
Return On Equity
0.0022
The market value of AeroVironment is measured differently than its book value, which is the value of AeroVironment that is recorded on the company's balance sheet. Investors also form their own opinion of AeroVironment's value that differs from its market value or its book value, called intrinsic value, which is AeroVironment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AeroVironment's market value can be influenced by many factors that don't directly affect AeroVironment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AeroVironment's value and its price as these two are different measures arrived at by different means. Investors typically determine AeroVironment value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AeroVironment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.