← Back to Stock Screener← Stock Screener

ZYBERNO

Stock Report

Updated Aug 29, 2026

AEROVIRONMENT, INC. (AVAV)

Industrial • NASDAQ

$147.94

AeroVironment Inc. is an American unmanned aircraft systems and tactical missile systems company headquartered in Arlington, Virginia. The company designs and manufactures small unmanned aircraft systems (UAS) including Raven, Puma, and Wasp used by the U.S. military, and lethal miniature aerial missile systems (LMAMS) including Switchblade loitering munitions, providing defense technology to the U.S. and allied military forces.

Professional Investment Analysis

ZYBERNO SCORE →

Is it a great business? Is it getting better?

39.0/100

WEAK BUSINESS

AEROVIRONMENT, INC. (AVAV) scores 39/100 — weak fundamentals with mixed indicators requiring careful analysis before acting.

📊 How is the Zyberno Score calculated? +

The Zyberno Score answers one question: "Is this a quality business worth owning?" It's a 0-100 investment grade that evaluates business fundamentals across four critical dimensions, based on principles from Warren Buffett, Benjamin Graham, Peter Lynch, and Charlie Munger.

The 4 Core Categories (25 points each):

1. PROFITABILITY (25 pts)

Metrics: ROE, ROIC, Net Margin, Operating Margin
Thresholds: ROE >20% excellent • ROIC >20% excellent • Net Margin >20% excellent • Operating Margin >25% excellent

2. FINANCIAL STRENGTH (25 pts)

Metrics: Debt-to-Equity, Current Ratio, Interest Coverage, Altman Z-Score
Thresholds: D/E <0.3 excellent • Current Ratio >2.5 excellent • Interest Coverage >10x excellent • Altman Z >3.0 safe

3. CASH FLOW QUALITY (25 pts)

Metrics: Free Cash Flow, OCF vs Net Income, FCF Margin
Thresholds: Positive & growing FCF excellent • OCF/NI >1.2x excellent (cash earnings exceed accounting)

4. GROWTH & CONSISTENCY (25 pts)

Metrics: Revenue Growth, Net Income Growth, FCF Growth, Piotroski F-Score
Thresholds: Growth via log-linear regression • Piotroski 8-9 excellent, 6-7 good

Score Interpretation:

75-100

GREAT BUSINESS

65-74

GOOD BUSINESS

50-64

AVERAGE BUSINESS

30-49

WEAK BUSINESS

0-29

POOR BUSINESS

→ View full AVAV quality analysis & detailed breakdown

VALUATION SIGNAL

N/A (Requires more data)

Requires fair value calculation and current price data

💰 How is Margin of Safety calculated? +

Margin of Safety measures how much discount or premium you're paying relative to a stock's intrinsic value. It's Benjamin Graham's core principle: the larger the margin, the lower your downside risk.

Formula: (Intrinsic Value − Current Price) ÷ Intrinsic Value × 100%

How We Calculate Intrinsic Value (DCF Method):

Step 1: Calculate current Owner Earnings (OCF − Maintenance CapEx)

Step 2: Calculate company-specific growth rate using log-linear regression on 16 quarters of Owner Earnings

Step 3: Project 10 years forward using the calculated growth rate

Step 4: Discount each year's cash flow to present value using 10% discount rate

Step 5: Calculate terminal value using 3% perpetual growth rate

Step 6: Sum all discounted cash flows = Intrinsic Value

What The Percentages Mean:

+50% or more

EXCELLENT — Very undervalued

+25% to +50%

GOOD — Attractive discount

0% to +25%

FAIR — Reasonable value

0% to -25%

CAUTION — Slight premium

-25% or worse

POOR — Overvalued

"Price is what you pay, value is what you get." — Warren Buffett

→ View full AVAV valuation analysis · → View full AVAV Brina Gap analysis

📈 How is Brina Gap calculated? +

Brina Gap measures the difference between the growth a business can fundamentally sustain and the growth the market is already pricing in.

Formula: Fundamental Growth Rate − Market-Implied Growth Rate

The Two Components:

Fundamental Growth Rate = ROIC × Reinvestment Rate

What the business can sustainably grow at based on how much it reinvests and what return it earns on that capital. Grounded in historical financials.

Market-Implied Growth Rate = Reverse DCF

The growth rate the current Enterprise Value implicitly assumes. Calculated by back-solving a 10-year DCF model (10% WACC, 3% terminal growth) until the present value of projected cash flows equals EV.

What The Gap Means:

Gap > +5% Market Underestimates — potential upside

+2% to +5% Slight Underestimate

-2% to +2% Fairly Priced — market consensus matches fundamentals

-5% to -2% Slight Overestimate

Gap < -5% Market Overestimates — price embeds optimism fundamentals don't support

A positive gap (market underestimates) combined with a positive Margin of Safety is the strongest combined signal — the business is both cheap historically and forward economics are stronger than the price suggests.

Critical Financial Health Indicators

Return on Equity (Profitability):CRITICAL (-8.0%)

Debt-to-Equity (Solvency Risk):EXCELLENT (0.19x)

Operating Margin (Operational Efficiency):CRITICAL (-15.7%)

Return on Capital (Capital Efficiency):CRITICAL (-4.8%)

📊 Valuation Trilogy

Three interconnected metrics for complete valuation analysis

Click any metric for full methodology and detailed analysis

Zyberno's Verdict

AEROVIRONMENT, INC. (AVAV) stock report — Zyberno Score 39/100 (WEAK BUSINESS). Full financial analysis on Zyberno.

Over the trailing twelve months, AVAV generated -$140.95M in Owner Earnings. Capital was deployed as follows: $62.54M invested in capital expenditures. Reinvestment rate: 86.8%.

DIVISION I: EXECUTIVE SUMMARY

A. Market Valuation

Market Price & Capitalization (2)

Current Price:147.94

Market Cap:$7.26B

Valuation Multiples (3)

P/B Ratio:1.65x

P/S Ratio:3.67x

Peg Ratio:-999.00x

Enterprise Metrics (2)

Enterprise Value:$7.70B

Ev Ebitda Ratio:94.66x

Price Action & Momentum (3)

12-1 Momentum:

-44.1% (11th pctile)

📈 Click to view full AVAV Momentum analysis →

Momentum Percentile:11 / 100

% of 52-Week High:35.4%

B. Profitability Assessment

Return Metrics (5)

ROE:

-8.0%

📊 Click to view full AVAV ROE analysis →

ROA:-6.2%

Roic:

-4.8%

📊 Click to view full AVAV ROIC analysis →

Reinvestment Rate:86.8%

Fundamental Growth Rate (g):-4.2%

Margin Analysis (3)

Operating Margin Ttm:-15.7%

Net Margin Ttm:-17.7%

Ebitda Margin:4.1%

TTM Performance (3)

Gross Margin Ttm:25.3%

Operating Margin Ttm:-15.7%

Net Margin Ttm:-17.7%

Yield Metrics (2)

Earnings Yield:-$3.65

Dividend Yield:0.0%

C. Log-Linear Regression Growth Trends

Earnings Surprise (SUE) (3)

Earnings Surprise (SUE):

+0.13

📊 Click to view full AVAV Earnings Surprise analysis →

EPS Surprise vs Expected:38.9%

Latest Earnings Filed:2026-06-29

Revenue Growth (Linear) (1)

Revenue Growth Rate (Linear):45.8%

Earnings Growth (Linear) (1)

Net Income Growth Rate (Linear):55.8%

Cash Flow Growth (Linear) (2)

Free Cash Flow Growth Rate (Linear):86.5%

Operating Cash Flow Growth Rate (Linear):58.3%

Operating Growth (Linear) (1)

Operating Income Growth Rate (Linear):54.6%

D. Financial Stability

Liquidity Ratios (3)

Current Ratio:4.30x

Quick Ratio:3.59x

Cash Ratio:0.86x

Leverage Analysis (3)

Debt To Equity Ttm:0.19x

Debt-to-Equity Ratio:0.19x

Debt To Ebitda:9.99x

Coverage Ratios (2)

Interest Coverage Ratio:-12.85x

Times Interest Earned:-12.85

Capital Structure (4)

Working Capital:1,451,186,000.00

Cash And Cash Equivalents:377,325,000.00

Long Term Debt:$728.97M

Net Debt:$434.59M

DIVISION II: FINANCIAL STATEMENTS ANALYSIS

A. Income Statement Analysis

Revenue Components (2)

Revenue TTM: $1.98B

Linear Growth: 45.8%

📊 Click to view full AVAV Revenue analysis & methodology →

Cost Of Revenue Ttm:$1.48B

Profitability Breakdown (2)

Gross profit TTM: $500.64M

Linear Growth: 34.2%

📊 Click to view full AVAV Gross Profit analysis & methodology →

Operating income TTM: -$311.00M

Linear Growth: 54.6%

📊 Click to view full AVAV Operating Income analysis & methodology →

Bottom Line Performance (3)

Net income TTM: -$349.60M

Linear Growth: 55.8%

📊 Click to view full AVAV Net Income analysis & methodology →

Income Before Tax:-$393.11M

Ebitda Ttm:81,306,000.00

Operating Expenses (5)

Operating Expenses:0.00

R And D Expense:127,678,000.00

Sga Expense:443,251,000.00

Income Tax Expense:-$40.53M

Interest Expense:24,197,000.00

Expense Ratios (3)

R And D To Revenue Percentage:19.9%

Sga To Revenue Percentage:69.1%

Ebitda Margin:4.1%

B. Balance Sheet Analysis

Asset Composition (5)

Total Assets:$5.72B

Current Assets:$1.89B

Ppe Net:166,719,000.00

Goodwill:2,493,678,000.00

Intangible Assets:$929.83M

Liability Structure (4)

Total Liabilities:1,316,342,000.00

Current Liabilities:439,237,000.00

Long Term Debt:$728.97M

Short Term Debt:$82.95M

Equity & Capital (3)

Equity:$4.40B

Retained Earnings:$9.18M

Common Stock:100,000,000.00

Working Capital Items (3)

Accounts Receivable:316,167,000.00

Inventory:312,856,000.00

Accounts Payable:160,507,000.00

Special Items (2)

Contract Liabilities:79,607,000.00

Stock Based Compensation:10,269,000.00

C. Cash Flow Analysis

Operating Activities (2)

Operating cash flow TTM: -$78.40M

Linear Growth: 58.3%

Free cash flow TTM: -$140.95M

Linear Growth: 86.5%

📊 Click to view full AVAV Free Cash Flow analysis & methodology →

Investment Activities (2)

Investing Cash Flow:-$7.75M

Capital Expenditures Ttm:62,544,000.00

Financing Activities (3)

Financing Cash Flow:-$32.00K

Dividends Paid Ttm:0.00

Stock Repurchase:0.00

Capital Transactions (3)

Common Stock Issuance:1,006,250,000.00

Long Term Debt Issuance:$200.00M

Long Term Debt Repayments:$700.00M

Non-Cash Items (1)

Depreciation Amortization Ttm:392,301,000.00

DIVISION III: OPERATIONAL METRICS

A. Per Share Analysis

Earnings Per Share (3)

EPS (Basic TTM):-5.40

Eps diluted TTM: -$5.40

Linear Growth: 45.0%

📊 Click to view full AVAV EPS analysis & methodology →

Earnings Per Share Ttm:-$7.12

Revenue & Cash Per Share (2)

Sales Per Share Ttm:40.27

Operating Cash Flow Per Share:-$1.60

Book Value & Capital (2)

Book Value Per Share:$89.64

Cash Per Share:7.69

Dividend Policy (1)

Dividend Payout Ratio:-999.00x

B. Operational Efficiency

Asset Utilization (2)

Asset Turnover Ttm:0.35x

Working Capital Turnover Ttm:1.36x

Receivables Management (2)

Receivables Turnover Ttm:6.25x

Days Sales Outstanding Ttm:58.38

Inventory Management (2)

Inventory Turnover Ttm:4.72x

Days Inventory Outstanding Ttm:77.36

Payables & Cash Cycle (2)

Days Payable Outstanding:39.69

Cash Conversion Cycle:96.05

C. Quality & Risk Metrics

Financial Quality Scores (2)

Financial Strength Score:100.00

Quality Score:40.00

Market Metrics (2)

Beta:0.00x

Volatility Category:unknown

DIVISION IV: INVESTMENT ANALYSIS

A. Value Investment Framework

Owner Earnings Analysis (1)

-$140.95M

Damodaran Growth Analysis (2)

Reinvestment Rate:86.8%

Fundamental Growth Rate (g):-4.2%

B. Log-Linear Regression Growth Analysis

Growth Rates (Log-Linear Regression) (3)

Revenue Growth Rate (Linear):45.8%

Net Income Growth Rate (Linear):55.8%

Operating Income Growth Rate (Linear):54.6%

Cash Flow Growth Rates (2)

Free Cash Flow Growth Rate (Linear):86.5%

Operating Cash Flow Growth Rate (Linear):58.3%

Other Growth Rates (2)

Gross Profit Growth Rate (Linear):34.2%

Book Value Growth Rate (Linear):40.1%

C. Company Profile & Context

Corporate Information (6)

Symbol:AVAV

Company Name:AEROVIRONMENT, INC.

Sector:Industrial

Industry:Aerospace & Defense

Exchange:NASDAQ

Country:United States

Market Classification (3)

Market Cap Category:N/A

Price Category:high

Volume Category:N/A

Share Structure (3)

Shares Outstanding:49.09M

Shares Outstanding Basic:49.09M

Shares Outstanding Diluted:49.09M

Data Processing Info (3)

Processing Version:v3.0

Last Updated:2026-08-29 16:31:00 UTC

Data Timestamp:2026-08-29T16:31:00.804573