AUSTRALIAN VINTAGE LIMITED (AVG)
Share Price Analysis and Chart

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AVG - AUSTRALIAN VINTAGE LIMITED

FNArena Sector : Food, Beverages & Tobacco
Year End: June
GICS Industry Group : Food, Beverage & Tobacco
Debt/EBITDA: 5.38
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.42

19 Apr
2024

-0.010

OPEN

$0.43

-2.33%

HIGH

$0.43

144,206

LOW

$0.41

TARGET
$0.48 14.3% upside
Franking for last dividend paid out: 60%
OTHER COMPANIES IN THE SAME SECTOR
AMC . BFC . CKF . COL . DMP . E33 . EDV . GDA . ING . LRK . MBH . MCL . MMM . MTS . RFG . SGLLV . TSI . TWE . WOA . WOW . YOW .
FNARENA'S MARKET CONSENSUS FORECASTS
AVG: 1
Title FY22
Actual
FY23
Actual
FY24
Forecast
FY25
Forecast
EPS (cps) xxx N/A 3.4 xxx
DPS (cps) xxx N/A 0.5 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 12.5 xxx
Dividend Yield xxx N/A 1.2% xxx
Div Pay Ratio(%) xxx N/A 14.9% xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

0.00

Estimated Dividend Growth
(Average Of Past Three Years)

 %

Amount Invested

Tell Me The Dividend After This Many Years

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 24/11 - ex-div 3.4c (franking 60%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx1.6
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx258.6 M
Book Value Per Share xxxxxxxxxxxxxxx115.2
Net Operating Cash Flow xxxxxxxxxxxxxxx-12.7 M
Net Profit Margin xxxxxxxxxxxxxxx1.55 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx1.36 %
Return on Invested Capital xxxxxxxxxxxxxxx0.96 %
Return on Assets xxxxxxxxxxxxxxx0.79 %
Return on Equity xxxxxxxxxxxxxxx1.36 %
Return on Total Capital xxxxxxxxxxxxxxx2.00 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-32.1 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx7 M
Long Term Debt xxxxxxxxxxxxxxx122 M
Total Debt xxxxxxxxxxxxxxx129 M
Goodwill - Gross xxxxxxxxxxxxxxx44 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx7 M
Price To Book Value xxxxxxxxxxxxxxx0.35

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx10.8 M
Capex % of Sales xxxxxxxxxxxxxxx4.16 %
Cost of Goods Sold xxxxxxxxxxxxxxx183 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx67 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx3 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.5

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Bell Potter

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Morgans

13/03/2024

1

Add

$0.55

30.95%

If management continues to execute, as it did in the 1H, Morgans sees material upside for shares of Australian Vintage. Underlying earnings (EBITS) in the half came in 41% ahead of the broker's forecast and FY24 guidance was reiterated.

The broker highlights innovation, price rises, an improved product mix, efficiencies and cost-out more than offset lower volumes, inflation and an unfavourable currency.

The Add rating is maintained. The target slips to 55c from 58c due to higher forecast shipping costs in FY24 and lower applied multiples, partly offset by a valuation roll-forward.

FORECAST
Morgans forecasts a full year FY24 dividend of 1.00 cents and EPS of 3.00 cents.
Morgans forecasts a full year FY25 dividend of 2.00 cents and EPS of 5.00 cents.

AVG STOCK CHART