AVO
Mission Produce, Inc.
AVO's fundamentals are weak and it looks expensive: trading at 289x earnings, about nine times its usual 31x. Its downside scenario is more than ten times its upside.
AVO Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Under pressure | |
| Weak |
AVO's revenue and profitability are currently stable, but its cash flow and balance sheet are under pressure.
AVO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 15x | $11.54 | — |
| Cheap | 23x | $0.92 | -92% |
| Fair | 31x | $1.22 | -89% |
| Expensive | 45x | $1.81 | -84% |
| Current | 289x | $11.54 | — |
Historical ranges are pointers, not guarantees.
AVO's PE is in its expensive range at 289x. If earnings grow as analysts expect, today's price would be 15x next year's earnings, in its cheap range.
AVO Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Stable | |
| Limited | |
| Low |
Analysts expect strong earnings and revenue growth for AVO, with profitability holding steady. However, they disagree widely on these estimates.
AVO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.75 | +1767% |
| Q3 2026 | $0.04 | -93% |
| Q2 2026 | $0.33 | -35% |
| Q1 2026 | $0.47 | -18% |
| Q4 2025 | $0.53 | +1.9% |
| Q3 2025 | $0.55 | +67% |
| Q2 2025 | $0.51 | +104% |
| Q1 2025 | $0.57 | +612% |
| Q4 2024 | $0.52 | +$0.56 |
AVO's earnings per share have fallen from their peak: $0.04 over the past year, against $1.06 in late 2019.
AVO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $450M | +26% |
| Q2 2026 | $290.9M | -24% |
| Q1 2026 | $278.6M | -17% |
| Q4 2025 | $319M | -10% |
| Q3 2025 | $357.7M | +10% |
| Q2 2025 | $380.3M | +28% |
| Q1 2025 | $334.2M | +29% |
| Q4 2024 | $354.4M | +37% |
AVO's revenue is down over the past year, though its latest quarter was up: $450M last quarter, up 26% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 0.1% | -5.8 points |
| Q2 2026 | -2.4% | -4.2 points |
| Q1 2026 | 0.9% | -1.9 points |
| Q4 2025 | 8.8% | +0.7 points |
| Q3 2025 | 5.9% | +0.7 points |
| Q2 2025 | 1.8% | -2.3 points |
| Q1 2025 | 2.8% | -0.3 points |
| Q4 2024 | 8.1% | +5.3 points |
AVO's operating margin was 0.1% last quarter, down 5.8 points from the same quarter a year ago.
AVO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$14M | -162% |
| Q2 2026 | -$29M | -$4M |
| Q1 2026 | -$14.9M | +$1.1M |
| Q4 2025 | $55.6M | +79% |
| Q3 2025 | $22.6M | -35% |
| Q2 2025 | -$25M | -$20.6M |
| Q1 2025 | -$16M | -$15.6M |
| Q4 2024 | $31.1M | -7.7% |
AVO's free cash flow was −$2M over the past year, against $13M the year before.
AVO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +17% | +12.1M shares |
| 1 year | +17% | +11.8M shares |
| 3 years | +17% | +11.9M shares |
| 5 years | +16% | +11.6M shares |
| Available history | +19% | +13.5M shares |
AVO has 83M diluted shares, up 17% from a year ago, despite $10M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $7.2M |
| Q2 2026 | $2.2M |
| Q1 2026 | — |
| Q4 2025 | $600,000 |
| Q3 2025 | — |
| Q2 2025 | $5.2M |
| Q1 2025 | $300,000 |
| Q4 2021 | — |
AVO spent $10M buying back its own shares over the past year.
AVO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 5.4x | High |
| Q2 2026 | 1.1x | Healthy |
| Q1 2026 | 0.6x | Very low |
| Q4 2025 | 0.4x | Very low |
| Q3 2025 | 0.9x | Very low |
| Q2 2025 | 1.2x | Healthy |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 0.6x | Very low |
AVO's net debt is about 5.4 years of its operating earnings (EBITDA), up from less than a year a year ago.
AVO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.9 | Neutral |
| Stochastic | 20.1 | Neutral |
AVO's weekly RSI is 42 (neutral) and its Stochastic is 20 (neutral).
AVO PE vs Consumer Defensive Sector
| Metric | AVO | Sector median | Relative |
|---|---|---|---|
| PE | 289x | 19x | 1,380% above |
| PE % | 97 | 19 | 78 pts above |
AVO is trading at 289x earnings, a 1380% premium to the Consumer Defensive sector's median of 19x.
AVO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $12.0 | 4.1% below |
| 20 week MA | $12.6 | 8.3% below |
| 50 week MA | $12.8 | 9.6% below |
| 100 week MA | $12.3 | 6.1% below |
| 200 week MA | $11.7 | 1.5% below |
AVO is in a downtrend: it's below all five of its weekly moving averages, and 1.5% below its 200-week average.
AVO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $12.5 | $14.7 | +18% |
| 2021 | $14.7 | $15.8 | +8% |
| 2022 | $15.8 | $12.4 | -22% |
| 2023 | $12.4 | $10.1 | -19% |
| 2024 | $10.1 | $14.3 | +41% |
| 2025 | $14.3 | $11.7 | -18% |
| 2026 YTD | $11.7 | $11.5 | -1.1% |
AVO has finished lower in three of the last six years. It's down 1.1% so far in 2026.