Mission Produce Financials
AVO Stock | USD 13.30 0.30 2.31% |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Debt Equity Ratio | 0.44 | 0.36 |
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Operating Income | 5.9 M | 6.2 M |
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Current Ratio | 2.82 | 2.6 |
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Investors should never underestimate Mission Produce's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Mission Produce's cash flow, debt, and profitability to make informed and accurate decisions about investing in Mission Produce.
Net Income |
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Mission | Select Account or Indicator |
Understanding current and past Mission Produce Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Mission Produce's financial statements are interrelated, with each one affecting the others. For example, an increase in Mission Produce's assets may result in an increase in income on the income statement.
Mission Produce Earnings Geography
Mission Produce Stock Summary
Mission Produce competes with Chefs Warehouse, Andersons, AMCON Distributing, Performance Food, and United Natural. Mission Produce, Inc. engages in sourcing, producing, packaging, and distributing avocados in the United States and internationally. The company was founded in 1983 and is headquartered in Oxnard, California. Mission Produce operates under Food Distribution classification in the United States and is traded on NASDAQ Exchange. It employs 2800 people.Specialization | Consumer Defensive, Consumer Staples Distribution & Retail |
Instrument | USA Stock View All |
Exchange | NASDAQ Exchange |
ISIN | US60510V1089 |
CUSIP | 60510V108 |
Location | California; U.S.A |
Business Address | 2710 Camino Del |
Sector | Consumer Staples Distribution & Retail |
Industry | Consumer Staples |
Benchmark | Dow Jones Industrial |
Website | missionproduce.com |
Phone | 805 981 3650 |
Currency | USD - US Dollar |
Mission Produce Key Financial Ratios
Return On Equity | 0.0505 | ||||
Profit Margin | 0.02 % | ||||
Operating Margin | 0.05 % | ||||
Price To Sales | 0.83 X | ||||
Revenue | 953.9 M |
Mission Produce Key Balance Sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 777.3M | 873.5M | 879.5M | 914.8M | 1.1B | 872.0M | |
Other Current Liab | 44.9M | 48.9M | 54.4M | 51.2M | 58.9M | 45.0M | |
Other Liab | 48.6M | 51.6M | 50.3M | 52.7M | 60.6M | 54.6M | |
Net Tangible Assets | 302.6M | 397.1M | 457.8M | 460.7M | 529.8M | 408.2M | |
Net Debt | 54.6M | 128.8M | 161.3M | 209.8M | 241.3M | 156.5M | |
Retained Earnings | 251.2M | 309M | 274.4M | 271M | 311.7M | 278.5M | |
Accounts Payable | 20.5M | 22.8M | 34.4M | 27.2M | 24.5M | 25.5M | |
Cash | 124M | 84.5M | 52.8M | 42.9M | 49.3M | 72.3M | |
Other Assets | 14M | 27M | 100K | 27.8M | 32.0M | 18.5M | |
Long Term Debt | 166.7M | 155.1M | 136.9M | 151.1M | 136.0M | 130.2M | |
Inventory | 38.6M | 48.2M | 73.1M | 70.8M | 81.4M | 56.5M | |
Other Current Assets | 28M | 40.6M | 39.3M | 32.3M | 37.1M | 28.6M | |
Total Liab | 303.8M | 339.3M | 356.6M | 386.5M | 444.5M | 367.6M | |
Net Invested Capital | 647.6M | 698.1M | 645M | 661.4M | 760.6M | 683.0M | |
Short Long Term Debt | 7.4M | 8.8M | 6M | 6.7M | 6.0M | 5.8M | |
Total Current Assets | 248.1M | 247.1M | 228.1M | 220.1M | 253.1M | 239.5M | |
Net Working Capital | 170.2M | 157.9M | 126.4M | 122.6M | 141.0M | 145.2M | |
Short Term Debt | 10.8M | 15.6M | 11.9M | 15.9M | 18.3M | 12.8M |
Mission Produce Key Income Statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Tax Provision | 15M | 21.1M | 3.7M | 2.2M | 2.0M | 1.9M | |
Net Interest Income | (4.3M) | (2M) | (3.8M) | (11.6M) | (10.4M) | (9.9M) | |
Interest Income | 1.7M | 2.4M | 1.7M | 1.5M | 1.7M | 1.8M | |
Interest Expense | 6.7M | 3.7M | 5.5M | 11.6M | 13.3M | 7.9M | |
Total Revenue | 862.3M | 891.7M | 1.0B | 953.9M | 1.1B | 1.0B | |
Gross Profit | 124.6M | 124.5M | 89.8M | 83.3M | 75.0M | 84.1M | |
Operating Income | 68.4M | 60.9M | 21.8M | 6.9M | 6.2M | 5.9M | |
Ebit | 68.4M | 69.7M | (25.7M) | 10.7M | 9.6M | 9.1M | |
Ebitda | 86.5M | 94.4M | 4.4M | 43.5M | 39.2M | 53.0M | |
Cost Of Revenue | 737.7M | 767.2M | 956.1M | 870.6M | 1.0B | 892.1M | |
Income Before Tax | 43.8M | 66M | (31.2M) | (900K) | (810K) | (769.5K) | |
Net Income | 28.8M | 44.9M | (34.9M) | (2.8M) | (2.5M) | (2.4M) | |
Income Tax Expense | 15M | 21.1M | 3.7M | 2.2M | 2.0M | 1.9M |
Mission Produce Key Cash Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change To Inventory | 5.9M | (11.2M) | (15.3M) | 3M | 2.7M | 2.8M | |
Investments | (4M) | (200K) | 2.6M | (54.1M) | (62.2M) | (59.1M) | |
Change In Cash | 61.4M | (34.8M) | (38.3M) | (10.7M) | (9.6M) | (9.1M) | |
Net Borrowings | (20.6M) | (13M) | (11.7M) | (21.6M) | (19.4M) | (18.5M) | |
Free Cash Flow | 11.6M | (26.4M) | (26M) | (20.6M) | (18.5M) | (17.6M) | |
Depreciation | 18.1M | 20.4M | 24.8M | 32.8M | 37.7M | 22.4M | |
Other Non Cash Items | 20.1M | (2M) | 46.1M | 7.6M | 8.7M | 9.2M | |
Dividends Paid | 13M | 1M | 0.0 | 100K | 90K | 85.5K | |
Capital Expenditures | 67.3M | 73.4M | 61.2M | 49.8M | 57.3M | 56.6M | |
Net Income | 28.8M | 44.9M | (34.9M) | (3.1M) | (2.8M) | (2.7M) | |
End Period Cash Flow | 127M | 92.2M | 53.9M | 43.2M | 38.9M | 55.0M | |
Change To Netincome | 2.4M | 23.8M | 9.1M | 43.5M | 50.0M | 52.5M |
Mission Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mission Produce's current stock value. Our valuation model uses many indicators to compare Mission Produce value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mission Produce competition to find correlations between indicators driving Mission Produce's intrinsic value. More Info.Mission Produce is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.58 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Mission Produce is roughly 1.74 . At this time, Mission Produce's Return On Equity is very stable compared to the past year. 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 Mission Produce's earnings, one of the primary drivers of an investment's value.Mission Produce's Earnings Breakdown by Geography
Mission Produce Systematic Risk
Mission Produce's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mission Produce volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Mission Produce correlated with the market. If Beta is less than 0 Mission Produce generally moves in the opposite direction as compared to the market. If Mission Produce Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mission Produce is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mission Produce is generally in the same direction as the market. If Beta > 1 Mission Produce moves generally in the same direction as, but more than the movement of the benchmark.
Mission Produce Thematic Clasifications
Mission Produce is part of Agriculture investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Agriculture industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
This theme covers USA Equities from Agriculture industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Agriculture | View |
Today, most investors in Mission Produce Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Mission Produce's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Mission Produce growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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Mission Produce November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Mission Produce help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mission Produce. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mission Produce based on widely used predictive technical indicators. In general, we focus on analyzing Mission Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mission Produce's daily price indicators and compare them against related drivers.
Downside Deviation | 1.31 | |||
Information Ratio | 0.075 | |||
Maximum Drawdown | 24.92 | |||
Value At Risk | (2.01) | |||
Potential Upside | 2.31 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Mission Produce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. To learn how to invest in Mission Stock, please use our How to Invest in Mission Produce guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Consumer Staples Distribution & Retail space 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 Mission Produce. If investors know Mission 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 Mission Produce 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 0.889 | Earnings Share 0.33 | Revenue Per Share 16.07 | Quarterly Revenue Growth 0.239 | Return On Assets 0.0291 |
The market value of Mission Produce is measured differently than its book value, which is the value of Mission that is recorded on the company's balance sheet. Investors also form their own opinion of Mission Produce's value that differs from its market value or its book value, called intrinsic value, which is Mission Produce'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 Mission Produce's market value can be influenced by many factors that don't directly affect Mission Produce'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 Mission Produce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mission Produce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mission Produce'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.