By Helgi Library - August 17, 2020
Avast made a net profit of USD 43.3 mil with revenues of USD 217 mil in 2Q2020, down by 23.6% and up by 1.25%, respec...
By Helgi Library - August 17, 2020
Avast made a net profit of USD 43.3 mil in 2Q2020, down 23.6% compared to the previous year. Total sales reached USD 217 mil, wh...
By Helgi Library - August 17, 2020
Avast's operating cash flow stood at USD 105 mil in 2Q2020, up 37.7% when compared to the previous year. Historically, b...
| Profit Statement | Dec 2019 | Mar 2020 | Jun 2020 | |
| Sales | USD mil | 223 | 217 | 217 |
| Gross Profit | USD mil | 171 | 164 | 164 |
| EBITDA | USD mil | 117 | 92.5 | 92.5 |
| EBIT | USD mil | 91.4 | 67.3 | 67.3 |
| Financing Cost | USD mil | 11.0 | 9.25 | 9.25 |
| Pre-Tax Profit | USD mil | 85.4 | 57.7 | 57.7 |
| Net Profit | USD mil | 68.1 | 43.3 | 43.3 |
| Dividends | USD mil | 0 | 24.6 | 24.6 |
| Balance Sheet | Dec 2019 | Mar 2020 | Jun 2020 | |
| Total Assets | USD mil | 2,866 | 2,796 | 2,727 |
| Non-Current Assets | USD mil | 2,500 | 2,476 | 2,451 |
| Current Assets | USD mil | 366 | 321 | 276 |
| Working Capital | USD mil | 76.7 | -26.6 | -67.4 |
| Shareholders' Equity | USD mil | 1,124 | 1,132 | 1,141 |
| Liabilities | USD mil | 1,742 | 1,664 | 1,586 |
| Total Debt | USD mil | 1,093 | 1,027 | 962 |
| Net Debt | USD mil | 875 | 843 | 811 |
| Ratios | Dec 2019 | Mar 2020 | Jun 2020 | |
| ROE | % | 25.1 | 15.3 | 15.2 |
| ROCE | % | 10.6 | 6.88 | 7.16 |
| Gross Margin | % | 76.8 | 75.8 | 75.8 |
| EBITDA Margin | % | 52.3 | 42.7 | 42.7 |
| EBIT Margin | % | 41.0 | 31.1 | 31.1 |
| Net Margin | % | 30.5 | 20.0 | 20.0 |
| Net Debt/EBITDA | 1.92 | 1.93 | 1.94 | |
| Net Debt/Equity | % | 77.8 | 74.4 | 71.1 |
| Cost of Financing | % | 3.90 | 3.49 | 3.72 |
| Valuation | Dec 2019 | Mar 2020 | Jun 2020 | |
| Market Capitalisation | USD mil | 6,049 | 5,255 | 7,060 |
| Enterprise Value (EV) | USD mil | 6,924 | 6,098 | 7,871 |
| Number Of Shares | mil | 1,018 | 1,018 | 1,018 |
| Share Price | GBP | 453 | 393 | 529 |
| EV/EBITDA | 15.2 | 14.0 | 18.8 | |
| EV/Sales | 7.95 | 6.96 | 8.96 | |
| Price/Earnings (P/E) | 23.3 | 21.5 | 30.8 | |
| Price/Book Value (P/BV) | 5.38 | 4.64 | 6.19 | |
| Dividend Yield | % | 0 | 0.005 | 0.004 |
Get all company financials in excel:
| overview | Unit | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 |
| income statement | |||||||||||||||||||||||
| Sales | USD mil | 210 | 212 | 214 | 223 | 223 | |||||||||||||||||
| Gross Profit | USD mil | 149 | 158 | 160 | 171 | 171 | |||||||||||||||||
| EBIT | USD mil | 69.3 | 80.5 | 81.4 | 91.4 | 91.4 | |||||||||||||||||
| Net Profit | USD mil | 40.5 | 56.0 | 56.6 | 68.1 | 68.1 | |||||||||||||||||
| ROE | % | ... | ... | ... | ... | 18.5 | 24.4 | 23.8 | 27.1 | 25.1 | |||||||||||||
| EBIT Margin | % | 33.0 | 38.1 | 38.1 | 41.0 | 41.0 | |||||||||||||||||
| Net Margin | % | 19.3 | 26.5 | 26.5 | 30.5 | 30.5 | |||||||||||||||||
| Employees | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1,581 | 1,633 | 1,686 | 1,739 | 1,792 | ... | ... | |||||
| balance sheet | |||||||||||||||||||||||
| Total Assets | USD mil | ... | ... | ... | 2,905 | 2,846 | 2,787 | 2,826 | 2,866 | ||||||||||||||
| Non-Current Assets | USD mil | ... | ... | ... | 2,502 | 2,504 | 2,507 | 2,504 | 2,500 | ||||||||||||||
| Current Assets | USD mil | ... | ... | ... | 403 | 342 | 280 | 323 | 366 | ||||||||||||||
| Shareholders' Equity | USD mil | ... | ... | ... | 900 | 933 | 967 | 1,045 | 1,124 | ||||||||||||||
| Liabilities | USD mil | ... | ... | ... | 2,004 | 1,913 | 1,821 | 1,781 | 1,742 | ||||||||||||||
| Non-Current Liabilities | USD mil | ... | ... | ... | 1,433 | 1,350 | 1,266 | 1,222 | 1,179 | ||||||||||||||
| Current Liabilities | USD mil | ... | ... | ... | 572 | 563 | 554 | 559 | 563 | ||||||||||||||
| Net Debt/EBITDA | ... | ... | ... | 2.86 | 2.69 | 2.53 | 2.22 | 1.92 | |||||||||||||||
| Net Debt/Equity | % | ... | ... | ... | 125 | 119 | 113 | 94.1 | 77.8 | ||||||||||||||
| Cost of Financing | % | ... | ... | ... | ... | 5.14 | 5.05 | 5.43 | 3.67 | 3.90 | |||||||||||||
| cash flow | |||||||||||||||||||||||
| Total Cash From Operations | USD mil | 89.6 | 75.3 | 76.1 | 102 | 102 | |||||||||||||||||
| Total Cash From Investing | USD mil | -12.1 | 6.12 | 6.18 | -15.3 | -15.3 | |||||||||||||||||
| Total Cash From Financing | USD mil | -18.0 | -149 | -150 | -48.3 | -48.3 | |||||||||||||||||
| Net Change In Cash | USD mil | 60.4 | -66.1 | -66.8 | 38.6 | 38.6 | |||||||||||||||||
| valuation | |||||||||||||||||||||||
| Market Capitalisation | USD mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 3,521 | 3,681 | 3,999 | 4,589 | 6,049 | |||||
| Enterprise Value (EV) | USD mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 4,643 | 4,789 | 5,092 | 5,573 | 6,924 | |||||
| Number Of Shares | mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 977 | 987 | 997 | 1,008 | 1,018 | ||||||
| Share Price | GBP | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 284 | 285 | 316 | 370 | 453 | |||||
| Price/Earnings (P/E) | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 14.4 | 16.3 | 20.6 | 21.2 | 23.3 | ||||||
| Price/Cash Earnings (P/CE) | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 13.7 | 15.3 | 19.0 | 19.7 | 21.6 | ||||
| EV/EBITDA | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 11.8 | 11.6 | 11.8 | 12.6 | 15.2 | ||||||
| Price/Book Value (P/BV) | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 3.91 | 3.94 | 4.14 | 4.39 | 5.38 | ||||||
| Dividend Yield | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0 | 0 | 0 | 0 | 0 |
| income statement | Unit | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 |
| income statement | |||||||||||||||||||||||
| Sales | USD mil | 210 | 212 | 214 | 223 | 223 | |||||||||||||||||
| Cost of Goods & Services | USD mil | 60.4 | 53.5 | 54.0 | 51.6 | 51.6 | |||||||||||||||||
| Gross Profit | USD mil | 149 | 158 | 160 | 171 | 171 | |||||||||||||||||
| Selling, General & Admin | USD mil | 60.8 | 55.3 | 56.0 | 54.9 | 54.9 | |||||||||||||||||
| Research & Development | USD mil | 17.9 | 19.2 | 19.4 | 22.0 | 22.0 | |||||||||||||||||
| Other Operating Expense | USD mil | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
| Other Operating Cost (Income) | USD mil | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
| EBITDA | USD mil | 105 | 110 | 111 | 117 | 117 | |||||||||||||||||
| Depreciation | USD mil | 3.50 | 4.72 | 4.78 | 4.70 | 4.70 | |||||||||||||||||
| EBIT | USD mil | 69.3 | 80.5 | 81.4 | 91.4 | 91.4 | |||||||||||||||||
| Net Financing Cost | USD mil | 21.6 | 16.6 | 16.8 | 10.8 | 10.8 | |||||||||||||||||
| Financing Cost | USD mil | 18.1 | 17.1 | 17.3 | 11.0 | 11.0 | |||||||||||||||||
| Financing Income | USD mil | 0.076 | 0.497 | 0.503 | 0.250 | 0.250 | |||||||||||||||||
| FX (Gain) Loss | USD mil | 10.7 | -0.597 | -0.603 | -4.70 | -4.70 | |||||||||||||||||
| (Income) / Loss from Affiliates | USD mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||||||||||
| Extraordinary Cost | USD mil | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
| Pre-Tax Profit | USD mil | 53.6 | 71.6 | 72.3 | 85.4 | 85.4 | |||||||||||||||||
| Tax | USD mil | 13.1 | 15.6 | 15.7 | 17.2 | 17.2 | |||||||||||||||||
| Minorities | USD mil | 0 | 0 | 0 | 0.100 | 0.100 | |||||||||||||||||
| Net Profit | USD mil | 40.5 | 56.0 | 56.6 | 68.1 | 68.1 | |||||||||||||||||
| Net Profit Avail. to Common | USD mil | 40.5 | 56.0 | 56.6 | 68.1 | 68.1 | |||||||||||||||||
| Dividends | USD mil | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
| growth rates | |||||||||||||||||||||||
| Total Revenue Growth | % | ... | ... | ... | ... | 27.5 | 9.47 | 9.47 | 6.19 | 6.19 | |||||||||||||
| Operating Cost Growth | % | ... | ... | ... | ... | 6.60 | -1.45 | -1.45 | -0.312 | -0.312 | |||||||||||||
| EBITDA Growth | % | ... | ... | ... | ... | 50.4 | 21.4 | 21.4 | 11.2 | 11.2 | |||||||||||||
| EBIT Growth | % | ... | ... | ... | ... | 121 | 47.6 | 47.6 | 31.8 | 31.8 | |||||||||||||
| Pre-Tax Profit Growth | % | ... | ... | ... | ... | -835 | 90.8 | 90.8 | 59.4 | 59.4 | |||||||||||||
| Net Profit Growth | % | ... | ... | ... | ... | -575 | -29.7 | -29.7 | 68.0 | 68.0 | |||||||||||||
| ratios | |||||||||||||||||||||||
| ROE | % | ... | ... | ... | ... | 18.5 | 24.4 | 23.8 | 27.1 | 25.1 | |||||||||||||
| ROA | % | ... | ... | ... | ... | 5.60 | 7.79 | 8.04 | 9.70 | 9.56 | |||||||||||||
| ROCE | % | ... | ... | ... | ... | 6.25 | 8.69 | 8.77 | 10.5 | 10.6 | |||||||||||||
| Gross Margin | % | 71.2 | 74.7 | 74.7 | 76.8 | 76.8 | |||||||||||||||||
| EBITDA Margin | % | 49.9 | 52.1 | 52.1 | 52.3 | 52.3 | |||||||||||||||||
| EBIT Margin | % | 33.0 | 38.1 | 38.1 | 41.0 | 41.0 | |||||||||||||||||
| Net Margin | % | 19.3 | 26.5 | 26.5 | 30.5 | 30.5 | |||||||||||||||||
| Payout Ratio | % | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
| Cost of Financing | % | ... | ... | ... | ... | 5.14 | 5.05 | 5.43 | 3.67 | 3.90 | |||||||||||||
| Net Debt/EBITDA | ... | ... | ... | 2.86 | 2.69 | 2.53 | 2.22 | 1.92 |
| balance sheet | Unit | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 |
| balance sheet | |||||||||||||||||||||||
| Cash & Cash Equivalents | USD mil | ... | ... | ... | 273 | 207 | 141 | 179 | 218 | ||||||||||||||
| Receivables | USD mil | ... | ... | ... | 82.9 | 81.9 | 80.9 | 79.9 | 78.9 | ||||||||||||||
| Unbilled Revenues | USD mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 31.2 | 32.0 | 32.8 | 33.1 | 33.3 | ||||||
| Inventories | USD mil | ... | ... | ... | 0.500 | 0.401 | 0.300 | 0.350 | 0.400 | ||||||||||||||
| Other ST Assets | USD mil | ... | ... | ... | 15.8 | 60.5 | 106 | 70.7 | 35.6 | ||||||||||||||
| Current Assets | USD mil | ... | ... | ... | 403 | 342 | 280 | 323 | 366 | ||||||||||||||
| Property, Plant & Equipment | USD mil | ... | ... | ... | 29.3 | 59.7 | 90.5 | 98.0 | 106 | ||||||||||||||
| LT Investments & Receivables | USD mil | ... | ... | ... | 0.700 | 0.750 | 0.800 | 0.800 | 0.800 | ||||||||||||||
| Intangible Assets | USD mil | ... | ... | ... | 2,261 | 2,238 | 2,214 | 2,199 | 2,185 | ||||||||||||||
| Goodwill | USD mil | ... | ... | ... | 1,994 | 1,988 | 1,983 | 1,987 | 1,991 | ||||||||||||||
| Non-Current Assets | USD mil | ... | ... | ... | 2,502 | 2,504 | 2,507 | 2,504 | 2,500 | ||||||||||||||
| Total Assets | USD mil | ... | ... | ... | 2,905 | 2,846 | 2,787 | 2,826 | 2,866 | ||||||||||||||
| Trade Payables | USD mil | ... | ... | ... | 8.50 | 7.05 | 5.57 | 4.09 | 2.60 | ||||||||||||||
| Short-Term Debt | USD mil | ... | ... | ... | 73.8 | 71.1 | 68.4 | 67.0 | 65.5 | ||||||||||||||
| Other ST Liabilities | USD mil | ... | ... | ... | 393 | 409 | 424 | 428 | 432 | ||||||||||||||
| Current Liabilities | USD mil | ... | ... | ... | 572 | 563 | 554 | 559 | 563 | ||||||||||||||
| Long-Term Debt | USD mil | ... | ... | ... | 1,321 | 1,243 | 1,165 | 1,096 | 1,027 | ||||||||||||||
| Other LT Liabilities | USD mil | ... | ... | ... | 112 | 107 | 101 | 126 | 152 | ||||||||||||||
| Non-Current Liabilities | USD mil | ... | ... | ... | 1,433 | 1,350 | 1,266 | 1,222 | 1,179 | ||||||||||||||
| Liabilities | USD mil | ... | ... | ... | 2,004 | 1,913 | 1,821 | 1,781 | 1,742 | ||||||||||||||
| Preferred Equity and Hybrid Capital | USD mil | ... | ... | ... | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
| Share Capital | USD mil | ... | ... | ... | 405 | 285 | 164 | 291 | 417 | ||||||||||||||
| Treasury Stock | USD mil | ... | ... | ... | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
| Equity Before Minority Interest | USD mil | ... | ... | ... | 899 | 932 | 965 | 1,041 | 1,117 | ||||||||||||||
| Minority Interest | USD mil | ... | ... | ... | 1.00 | 1.05 | 1.10 | 4.30 | 7.50 | ||||||||||||||
| Equity | USD mil | ... | ... | ... | 900 | 933 | 967 | 1,045 | 1,124 | ||||||||||||||
| growth rates | |||||||||||||||||||||||
| Total Asset Growth | % | ... | ... | ... | ... | 0.870 | -2.02 | -2.08 | 1.42 | 1.40 | |||||||||||||
| Shareholders' Equity Growth | % | ... | ... | ... | ... | 5.27 | 3.65 | 3.56 | 8.17 | 7.55 | |||||||||||||
| Net Debt Growth | % | ... | ... | ... | ... | -6.79 | -1.29 | -1.32 | -9.98 | -11.1 | |||||||||||||
| Total Debt Growth | % | ... | ... | ... | ... | -1.52 | -5.73 | -6.15 | -5.72 | -6.07 | |||||||||||||
| ratios | |||||||||||||||||||||||
| Total Debt | USD mil | ... | ... | ... | 1,395 | 1,315 | 1,234 | 1,163 | 1,093 | ||||||||||||||
| Net Debt | USD mil | ... | ... | ... | 1,122 | 1,107 | 1,093 | 984 | 875 | ||||||||||||||
| Working Capital | USD mil | ... | ... | ... | 74.9 | 75.3 | 75.6 | 76.2 | 76.7 | ||||||||||||||
| Capital Employed | USD mil | ... | ... | ... | 2,577 | 2,580 | 2,583 | 2,580 | 2,577 | ||||||||||||||
| Net Debt/Equity | % | ... | ... | ... | 125 | 119 | 113 | 94.1 | 77.8 | ||||||||||||||
| Current Ratio | ... | ... | ... | 0.705 | 0.607 | 0.505 | 0.578 | 0.650 | |||||||||||||||
| Quick Ratio | ... | ... | ... | 0.622 | 0.514 | 0.400 | 0.464 | 0.527 |
| cash flow | Unit | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 |
| cash flow | |||||||||||||||||||||||
| Net Profit | USD mil | 40.5 | 56.0 | 56.6 | 68.1 | 68.1 | |||||||||||||||||
| Depreciation | USD mil | 3.50 | 4.72 | 4.78 | 4.70 | 4.70 | |||||||||||||||||
| Non-Cash Items | USD mil | 1.05 | -21.4 | -21.6 | 5.75 | 5.75 | |||||||||||||||||
| Change in Working Capital | USD mil | 12.6 | 11.0 | 11.1 | 3.10 | 3.10 | |||||||||||||||||
| Total Cash From Operations | USD mil | 89.6 | 75.3 | 76.1 | 102 | 102 | |||||||||||||||||
| Capital Expenditures | USD mil | -5.95 | -1.59 | -1.61 | -13.4 | -13.4 | |||||||||||||||||
| Net Change in LT Investment | USD mil | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
| Net Cash From Acquisitions | USD mil | -2.10 | 7.71 | 7.79 | -1.80 | -1.80 | |||||||||||||||||
| Other Investing Activities | USD mil | -4.00 | 0 | 0 | -0.100 | -0.100 | |||||||||||||||||
| Total Cash From Investing | USD mil | -12.1 | 6.12 | 6.18 | -15.3 | -15.3 | |||||||||||||||||
| Dividends Paid | USD mil | 0 | -41.6 | -42.1 | -21.7 | -21.7 | |||||||||||||||||
| Issuance Of Shares | USD mil | 0.450 | 9.90 | 10.0 | 40.8 | 40.8 | |||||||||||||||||
| Issuance Of Debt | USD mil | -18.4 | -117 | -118 | -67.4 | -67.4 | |||||||||||||||||
| Other Financing Activities | USD mil | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
| Total Cash From Financing | USD mil | -18.0 | -149 | -150 | -48.3 | -48.3 | |||||||||||||||||
| Effect of FX Rates | USD mil | 0.800 | 1.34 | 1.36 | 0.050 | 0.050 | |||||||||||||||||
| Net Change In Cash | USD mil | 60.4 | -66.1 | -66.8 | 38.6 | 38.6 | |||||||||||||||||
| ratios | |||||||||||||||||||||||
| Days Sales Outstanding | days | ... | ... | ... | 37.4 | 36.2 | 34.9 | 34.0 | 33.1 | ||||||||||||||
| Days Sales Of Inventory | days | ... | ... | ... | 0.756 | 0.622 | 0.480 | 0.582 | 0.693 | ||||||||||||||
| Days Payable Outstanding | days | ... | ... | ... | 12.9 | 10.9 | 8.91 | 6.80 | 4.50 | ||||||||||||||
| Cash Conversion Cycle | days | ... | ... | ... | 25.3 | 25.8 | 26.5 | 27.8 | 29.2 | ||||||||||||||
| Cash Earnings | USD mil | 44.0 | 60.7 | 61.4 | 72.8 | 72.8 | |||||||||||||||||
| Free Cash Flow | USD mil | 77.5 | 81.4 | 82.3 | 86.8 | 86.8 | |||||||||||||||||
| Capital Expenditures (As % of Sales) | % | 2.84 | 0.752 | 0.752 | 5.99 | 5.99 |
| other ratios | Unit | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 |
| Employees | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1,581 | 1,633 | 1,686 | 1,739 | 1,792 | ... | ... | |||||
| Operating Cost (As % of Sales) | % | 38.2 | 36.7 | 36.7 | 35.9 | 35.9 | |||||||||||||||||
| Research & Development (As % of Sales) | % | 8.53 | 9.07 | 9.07 | 9.85 | 9.85 | |||||||||||||||||
| Effective Tax Rate | % | 24.4 | 21.8 | 21.8 | 20.2 | 20.2 | |||||||||||||||||
| Total Revenue Growth (5-year average) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| valuation | Unit | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 |
| Market Capitalisation | USD mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 3,521 | 3,681 | 3,999 | 4,589 | 6,049 | |||||
| Enterprise Value (EV) | USD mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 4,643 | 4,789 | 5,092 | 5,573 | 6,924 | |||||
| Number Of Shares | mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 977 | 987 | 997 | 1,008 | 1,018 | ||||||
| Share Price | GBP | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 284 | 285 | 316 | 370 | 453 | |||||
| EV/EBITDA | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 11.8 | 11.6 | 11.8 | 12.6 | 15.2 | ||||||
| Price/Earnings (P/E) | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 14.4 | 16.3 | 20.6 | 21.2 | 23.3 | ||||||
| Price/Cash Earnings (P/CE) | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 13.7 | 15.3 | 19.0 | 19.7 | 21.6 | ||||
| P/FCF | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 12.5 | 11.9 | 12.5 | 14.3 | 17.1 | ||||
| Price/Book Value (P/BV) | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 3.91 | 3.94 | 4.14 | 4.39 | 5.38 | ||||||
| Dividend Yield | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0 | 0 | 0 | 0 | 0 | |||||
| Free Cash Flow Yield | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 7.94 | 8.12 | 7.97 | 7.15 | 5.58 | |||||
| Earnings Per Share (EPS) | USD | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.032 | 0.044 | 0.044 | 0.054 | 0.053 | ||||||
| Cash Earnings Per Share | USD | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.035 | 0.048 | 0.048 | 0.058 | 0.056 | ||||||
| Free Cash Flow Per Share | USD | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.062 | 0.064 | 0.064 | 0.069 | 0.067 | ||||||
| Book Value Per Share | USD | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.726 | 0.721 | 0.764 | 0.843 | 0.842 | ||||||
| Dividend Per Share | USD | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0 | 0 | 0 | 0 | 0 | ||||||
| EV/Sales | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 5.74 | 5.79 | 6.02 | 6.49 | 7.95 | ||||||
| EV/EBIT | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 18.7 | 17.5 | 16.9 | 17.3 | 20.1 | ||||||
| EV/Free Cash Flow | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 16.6 | 16.0 | 16.0 | 17.0 | 20.5 | ||||||
| EV/Capital Employed | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1.80 | 1.86 | 1.97 | 2.16 | 2.69 | ||||||
| Earnings Per Share Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | -1.91 | 36.5 | 0.094 | 22.8 | -2.63 | |||||
| Cash Earnings Per Share Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | -1.91 | 36.2 | 0.094 | 21.1 | -2.63 | |||||
| Book Value Per Share Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 4.25 | -0.646 | 5.86 | 10.4 | -0.199 |
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By Helgi Library - October 12, 2020
Avast's total assets reached USD 2,727 mil at the end of 2Q2020, down 2.16% compared to the previous year. Current assets amounted to USD 276 mil, or 10.1% of total assets while cash stood at USD 152 mil at the end of 2Q2020. ...
By Helgi Library - August 17, 2020
Avast made a net profit of USD 43.3 mil in 2Q2020, down 23.6% compared to the previous year. Historically, between 1Q2015 and 2Q2020, the company's net profit reached a high of USD 80.5 mil in 2Q2018 and a low of USD -8.52 mil in 4Q2017. The result implie...
By Helgi Library - May 11, 2020
Avast made a net profit of USD 249 mil with revenues of USD 871 mil in 2019, up by 3.11% and up by 7.77%, respectively, compared to the previous year. This translates into a net margin of 28.6%. On the operating level, EBITDA reached USD 455 mil, up 16....
By Helgi Library - April 3, 2020
Avast's total assets reached USD 2,866 mil at the end of 2019, down 1.34% compared to the previous year. Current assets amounted to USD 366 mil, or 12.8% of total assets while cash stood at USD 218 mil at the end of 2019. ...
Avast plc is a UK-registered and originally Czech Republic-based based company that provides security software. The Company offers security software products for desktop security, server protection, and mobile device protection. Its desktop security products include avast! Free Antivirus, a security software product that offers protection against malicious software, such as viruses, worms, and spyware; and Pro Antivirus and Internet Security, which are consumer security software products. AVAST’s roots go back to 1988, when Czech researchers Eduard Kučera and Pavel Baudiš encountered the Vienna Virus and began their quest to save the world’s computers from it and others like it. In 2019, Avast had more than 435 mil monthly active users and the largest market share among anti-malware application vendors worldwide. The company has approximately 1,700 employees across its 25 offices worldwide.
Avast has been growing its sales by 32.5% a year on average in the last 5 years. EBITDA has grown on average by 27.4% a year during that time to total of USD 455 mil in 2019, or 52.2% of sales. That’s compared to 48.6% average margin seen in last five years.
The company netted USD 249 mil in 2019 implying ROE of 24.6% and ROCE of 9.65%. Again, the average figures were 14.8% and 5.06%, respectively when looking at the previous 5 years.
Avast’s net debt amounted to USD 875 mil at the end of 2019, or 77.8% of equity. When compared to EBITDA, net debt was 1.92x, down when compared to average of 4.48x seen in the last 5 years.
Avast stock traded at GBP 453 per share at the end of 2019 resulting in a market capitalization of USD 6,047 mil. Over the previous five years, stock price grew by 0% or % a year on average. The closing price put stock at a 12-month trailing EV/EBITDA of 15.2x and price to earnings (PE) of 18.9x as of 2019.
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