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Mission Produce Inc

Consumer Defensive US AVO

14.505USD
0.12(0.80%)

Last update at 2024-12-26T18:53:00Z

Day Range

14.4114.88
LowHigh

52 Week Range

8.7614.17
LowHigh

Fundamentals

  • Previous Close 14.39
  • Market Cap912.62M
  • Volume359065
  • P/E Ratio39.00
  • Dividend Yield-%
  • EBITDA77.70M
  • Revenue TTM1138.20M
  • Revenue Per Share TTM16.07
  • Gross Profit TTM 89.80M
  • Diluted EPS TTM0.33

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-10-31 2021-10-31 2020-10-31 2019-10-31 2018-10-31
Type yearly yearly yearly yearly yearly
Date 2022-10-31 2021-10-31 2020-10-31 2019-10-31 2018-10-31
Income before tax -31.20000M 66.00M 43.80M 96.00M 88.60M
Minority interest -0.30000M - - - -
Net income -34.90000M 44.90M 28.80M 71.70M 72.40M
Selling general administrative 77.50M 63.60M 56.20M 48.17M 35.23M
Selling and marketing expenses - - - - 0.07M
Gross profit 89.80M 124.50M 124.60M 154.68M 54.00M
Reconciled depreciation 24.80M 20.40M 18.10M 16.47M 9.40M
Ebit 21.80M 60.90M 68.40M 106.51M 31.40M
Ebitda 46.60M 90.10M 89.80M 127.72M 40.80M
Depreciation and amortization 24.80M 29.20M 21.40M 21.22M 9.40M
Non operating income net other 11.50M 8.80M - - -
Operating income 21.80M 60.90M 68.40M 106.51M 18.70M
Other operating expenses 1033.60M 830.80M 793.90M 776.79M 841.20M
Interest expense 5.50M 3.70M 6.70M 10.32M 5.40M
Tax provision 3.70M 21.10M 15.00M 24.30M 16.25M
Interest income 1.70M 1.70M 2.40M 1.70M 0.70M
Net interest income -3.80000M -2.00000M -4.30000M -8.61900M -4.69500M
Extraordinary items - - - - -
Non recurring 49.50M - - - -
Other items - - - - -
Income tax expense 3.70M 21.10M 15.00M 24.30M 16.20M
Total revenue 1045.90M 891.70M 862.30M 883.30M 859.90M
Total operating expenses 77.50M 63.60M 56.20M 48.17M 35.30M
Cost of revenue 956.10M 767.20M 737.70M 728.63M 805.90M
Total other income expense net -53.00000M 5.10M -24.60000M -10.51000M 74.60M
Discontinued operations - - - - -
Net income from continuing ops -34.90000M 44.90M 28.80M 71.70M 72.44M
Net income applicable to common shares -34.60000M 44.90M 28.80M 71.70M 72.40M
Preferred stock and other adjustments - - - - -
Breakdown 2023-10-31 2022-10-31 2021-10-31 2020-10-31 2019-10-31
Type yearly yearly yearly yearly yearly
Date 2023-10-31 2022-10-31 2021-10-31 2020-10-31 2019-10-31
Total assets 914.80M 879.50M 873.50M 777.30M 689.45M
Intangible assets 0.50M 2.00M - - -
Earning assets - - - - -
Other current assets 9.10M 11.10M 11.60M 8.80M 8.42M
Total liab 386.50M 356.60M 339.30M 303.80M 310.42M
Total stockholder equity 503.60M 502.10M 534.20M 473.50M 379.03M
Deferred long term liab - 29.40M 26.80M - -
Other current liab 26.40M 31.10M 2.10M 2.20M 25.27M
Common stock 0.10M 0.10M 0.10M 0.10M 0.06M
Capital stock 0.10M 0.10M 0.10M 0.10M 0.06M
Retained earnings 271.00M 274.40M 309.00M 251.20M 239.31M
Other liab - 52.70M 50.30M 51.60M 48.60M
Good will 39.40M 39.40M 76.40M 76.40M 76.38M
Other assets - 27.80M 0.10M 27.00M 14.00M
Cash 42.90M 52.80M 84.50M 124.00M 64.01M
Cash and equivalents - - - - -
Total current liabilities 97.50M 101.70M 89.20M 77.90M 79.51M
Current deferred revenue 1.60M - 28.60M 27.80M -
Net debt 209.80M 161.30M 128.80M 54.60M 121.90M
Short term debt 15.90M 11.90M 13.50M 8.60M 7.32M
Short long term debt 6.70M 6.00M 8.80M 7.40M 6.29M
Short long term debt total 252.70M 214.10M 213.30M 178.60M 185.91M
Other stockholder equity 233.40M 229.30M 225.60M 222.70M 139.58M
Property plant equipment - 489.70M 468.10M 379.10M 330.30M
Total current assets 220.10M 228.10M 247.10M 248.10M 206.04M
Long term investments 31.00M 27.10M 54.50M 46.70M 62.70M
Net tangible assets - 460.70M 457.80M 397.10M 302.60M
Short term investments - - - - -
Net receivables 96.10M 88.20M 96.10M 75.30M 87.08M
Long term debt 151.10M 136.90M 155.10M 166.70M 174.03M
Inventory 70.80M 73.10M 48.20M 38.60M 44.90M
Accounts payable 53.60M 58.70M 45.00M 39.30M 46.93M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - 20.80M - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -0.90000M -1.70000M -0.50000M -0.50000M 0.08M
Additional paid in capital - - - - -
Common stock total equity - 0.10M 0.10M 0.10M 0.06M
Preferred stock total equity - - - - -
Retained earnings total equity - 274.40M 309.00M - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 19.70M 19.70M 21.60M 22.60M 11.01M
Deferred long term asset charges - - - - -
Non current assets total 694.70M 651.40M 626.40M 529.20M 483.41M
Capital lease obligations 94.90M 71.20M 49.40M 4.50M 5.59M
Long term debt total - 136.90M - - -
Breakdown 2022-10-31 2021-10-31 2020-10-31 2019-10-31 2018-10-31
Type yearly yearly yearly yearly yearly
Date 2022-10-31 2021-10-31 2020-10-31 2019-10-31 2018-10-31
Investments 2.60M -0.20000M -4.00000M -30.67100M -64.45900M
Change to liabilities 9.80M 8.90M 8.20M 5.20M -1.50000M
Total cashflows from investing activities -51.40000M -70.30000M -67.70000M -30.70000M -64.50000M
Net borrowings -21.60000M -11.70000M -13.00000M -20.60000M 55.10M
Total cash from financing activities -21.80000M -11.50000M 50.10M -26.79100M 48.40M
Change to operating activities -6.10000M -5.10000M -14.20000M 9.10M 3.60M
Net income -34.90000M 44.90M 28.80M 71.70M 72.40M
Change in cash -38.30000M -34.80000M 61.40M 35.14M 16.60M
Begin period cash flow 92.20M 127.00M 65.60M 30.50M 13.90M
End period cash flow 53.90M 92.20M 127.00M 65.64M 30.50M
Total cash from operating activities 35.20M 47.00M 78.90M 92.63M 32.70M
Issuance of capital stock 0.00000M 0.00000M 78.10M - 0.00000M
Depreciation 24.80M 20.40M 18.10M 16.47M 9.40M
Other cashflows from investing activities 7.20M 0.90M 0.60M 0.70M -5.90000M
Dividends paid 0.00000M 1.00M -13.00000M -5.60000M 4.50M
Change to inventory -15.30000M -11.20000M 5.90M -12.22900M 4.20M
Change to account receivables 10.60M -16.40000M 10.30M -2.66100M 6.00M
Sale purchase of stock 1.00M 0.20M -1.90000M -0.86600M 0.00000M
Other cashflows from financing activities 82.70M 0.20M -0.10000M 45.30M 278.20M
Change to netincome 43.50M 9.10M 23.80M 2.40M -62.60000M
Capital expenditures 61.20M 73.40M 67.30M 29.71M 27.20M
Change receivables -2.40000M 2.60M - - -
Cash flows other operating 9.40M -24.30000M - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes -38.00000M -34.80000M - - -
Change in working capital -3.80000M -27.70000M 7.90M 1.86M 13.40M
Stock based compensation 3.60M 2.60M 5.00M 1.79M 0.00900M
Other non cash items 46.10M -2.00000M 20.10M 0.22M -68.80900M
Free cash flow -26.00000M -26.40000M 11.60M 62.92M 5.50M

Peer Comparison

Sector: Consumer Defensive Industry: Food Distribution

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
AVO
Mission Produce Inc
0.12 0.80% 14.51 39.00 43.67 0.80 1.70 0.95 12.41
SYY
Sysco Corporation
-0.38 0.49% 77.15 20.66 16.72 0.48 17.38 0.63 12.66
JRONF
Jerónimo Martins SGPS S.A
- -% 19.23 18.10 22.22 0.53 5.17 0.62 8.78
JRONY
Jeronimo Martins SGPS SA ADR
0.17 0.45% 37.98 19.98 23.09 0.54 5.70 0.62 8.86
BZLFY
Bunzl plc
-0.25 1.18% 20.97 12.45 17.09 1.31 2.10 1.20 11.87

Reports Covered

Stock Research & News

Profile

Mission Produce, Inc. engages in the sourcing, farming, packaging, marketing, and distribution of avocados, mangoes, and blueberries to food retailers, distributors, and foodservice customers in the United States and internationally. The company operates through three segments, Marketing and Distribution; International Farming; and Blueberries. It also provides ripening, bagging, custom packing, logistical management, and quality assurance services. In addition, the company offers merchandising and promotional support, and insights on market trends, and training services. Mission Produce, Inc. was founded in 1983 and is headquartered in Oxnard, California.

Mission Produce Inc

2710 Camino Del Sol, Oxnard, CA, United States, 93030

Key Executives

Name Title Year Born
Mr. Stephen J. Barnard Founder, CEO & Director 1953
Mr. Bryan E. Giles Chief Financial Officer 1971
Ms. Joanne C. Wu Gen. Counsel & Sec. 1982
Mr. Timothy Bulow Pres & COO NA
Denise Junqueiro VP of Marketing & Communications NA
Mr. Ross W. Wileman Sr. VP of Sales & Marketing 1948
Ms. Anita Lemos VP of HR NA
Ms. Joanne C. Wu General Counsel & Secretary 1983
Mr. John Pawlowski President & COO 1976
Mr. Ross W. Wileman Senior Vice President of Sales & Marketing 1948

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