American Vanguard Corporation (AVD) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-140.9%

-$0.45

vs $1.11 price

Levered DCF

-$4.02

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

1.48

Distress zone

Rating

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-2.18×	-1.03×	40.63×	23.1×	26.44×	29.85×	41.43×	18.3×
P/B	0.56×	0.56×	0.83×	1.72×	1.31×	1.27×	1.64×	1.35×
P/S	0.21×	0.24×	0.53×	1.04×	0.88×	1×	1.21×	0.98×
EV / EBITDA	-24.39×	-29.53×	10.27×	11.1×	9.66×	12.96×	16.02×	9.25×
Gross margin	28.6%	22.0%	30.9%	39.6%	30.6%	37.6%	37.9%	40.2%
Operating margin	2.7%	-18.6%	4.0%	6.7%	5.5%	5.0%	5.6%	8.6%
Net margin	-9.7%	-23.1%	1.3%	4.5%	3.3%	3.3%	2.9%	5.3%
Current ratio	1.77×	1.63×	1.87×	1.46×	1.53×	1.93×	2.43×	2.13×
Debt / equity	0.99×	0.72×	0.44×	0.21×	0.21×	0.33×	0.47×	0.29×
Interest coverage	0.83×	-6.05×	1.84×	9.86×	8.39×	4.35×	3.55×	9.3×
Dividend yield	0.0%	1.9%	1.1%	0.4%	0.5%	0.3%	0.4%	0.5%
Payout ratio	0.0%	-2.0%	45.0%	10.2%	12.8%	7.7%	17.1%	9.1%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-25.9%	-54.2%	2.0%	7.4%	5.0%	4.2%	4.0%	7.3%
Return on invested capital	3.5%	-24.7%	3.1%	6.7%	4.5%	3.7%	3.4%	6.3%
Return on assets	-8.4%	-19.8%	1.0%	3.8%	2.7%	2.2%	2.0%	4.1%
Free cash flow yield	-23.3%	-2.9%	-22.9%	6.7%	15.6%	16.4%	-1.3%	-3.7%
Earnings yield	-45.9%	-97.2%	2.4%	4.3%	3.8%	3.3%	2.4%	5.4%
Enterprise value	$287.5M	$285.2M	$459.2M	$690.6M	$550.4M	$560.9M	$718.8M	$536M
Net debt / EBITDA	-15.18×	-16.08×	3.37×	0.9×	1.08×	2.4×	3.42×	1.56×
Cash conversion cycle (days)	207	214	260	215	186	238	245	233