Mission Produce, Inc. (AVO) 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

-205.2%

-$12.06

vs $11.47 price

Levered DCF

-$1.86

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

2.05

Grey zone

Rating

C+

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	21.74×	22.69×	-237.63×	-33.96×	30.38×	32.17×	13.53×	13.27×
P/B	1.4×	1.54×	1.32×	2.34×	2.57×	1.97×	2.57×	3.05×
P/S	0.59×	0.68×	0.7×	1.12×	1.54×	1.08×	1.1×	1.11×
EV / EBITDA	9.02×	9.03×	20.13×	-1,485.42×	16.66×	11.39×	8.92×	10.96×
Gross margin	11.6%	12.4%	8.7%	8.6%	14.0%	14.4%	17.5%	6.3%
Operating margin	4.7%	5.3%	0.7%	-3.6%	6.8%	7.9%	12.1%	2.2%
Net margin	2.7%	3.0%	-0.3%	-3.3%	5.0%	3.3%	8.1%	8.4%
Current ratio	1.95×	1.87×	2.26×	2.24×	2.77×	3.18×	2.59×	2.3×
Debt / equity	0.34×	0.4×	0.5×	0.43×	0.4×	0.38×	0.49×	0.65×
Interest coverage	6.94×	5.21×	0.59×	-6.76×	16.46×	10.21×	10.32×	3.46×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	1.4%	0.6%	0.5%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	45.1%	7.8%	6.2%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	6.4%	6.7%	-0.6%	-6.9%	8.4%	6.1%	18.9%	23.1%
Return on invested capital	4.9%	5.4%	0.8%	-4.7%	5.2%	6.3%	12.9%	2.7%
Return on assets	3.8%	3.8%	-0.3%	-3.9%	5.1%	3.7%	10.4%	11.6%
Free cash flow yield	4.5%	7.3%	-3.1%	-2.2%	-1.9%	1.2%	6.5%	0.6%
Earnings yield	4.6%	4.4%	-0.4%	-2.9%	3.3%	3.1%	7.4%	7.6%
Enterprise value	$955.5M	$999.4M	$875.6M	$1.3B	$1.5B	$985.2M	$1.1B	$1.1B
Net debt / EBITDA	1.29×	1.44×	4.82×	-179.22×	1.43×	0.63×	0.99×	1.71×
Cash conversion cycle (days)	30	54	51	38	47	40	51	45