AeroVironment, Inc. (AVAV) vs Hexcel Corporation (HXL)

AeroVironment, Inc. and Hexcel Corporation are both Aerospace & Defense companies. AeroVironment, Inc. is the larger, with a market value of $8.1B against $6.4B — 1.3× the size. AeroVironment, Inc. has negative trailing earnings, so its P/E is not meaningful; Hexcel Corporation trades at 42.9×. AeroVironment, Inc. grew revenue faster over the last twelve months: 84.4% against 5.41%. Hexcel Corporation has the higher net margin (7.76% vs −10.1%) and the higher return on invested capital (6.47% vs −3.47%). Both pay a dividend; AeroVironment, Inc. yields more (5.70% vs 0.82%). Across the 21 metrics below, Hexcel Corporation leads on 13 and AeroVironment, Inc. on 8.

Valuation

Metric AVAV HXL Aerospace & Defense median
P/E n/m 42.88 33.00
P/S 3.78 3.28 3.63
P/B 1.72 5.00 3.24
Price to free cash flow n/m 25.40 34.01
EV/EBITDA 34.74 21.09 18.69
EV/Sales 3.86 3.74 3.94
Earnings yield (2.68%) 2.33% 1.31%
Free cash flow yield (0.61%) 3.94% 0.00%

Profitability

Metric AVAV HXL Aerospace & Defense median
Gross margin 26.47% 24.96% 25.48%
Operating margin (12.61%) 11.50% 4.54%
Net margin (10.13%) 7.76% 2.22%
Free cash flow margin (2.24%) 12.92% 0.00%
Return on equity (4.60%) 10.76% 6.43%
Return on assets (3.57%) 5.51% 2.70%
Return on invested capital (3.47%) 6.47% 1.56%

Growth

Metric AVAV HXL Aerospace & Defense median
Revenue growth (TTM) 84.44% 5.41% 18.43%
EPS growth (last fiscal year) (448.39%) (13.84%) —
Revenue growth, 5-year CAGR 38.00% 4.74% 9.62%
Net income growth, 5-year CAGR 0.00% 28.11% 0.00%

Health

Metric AVAV HXL Aerospace & Defense median
Debt to equity 0.17 0.74 0.24
Current ratio 4.26 2.43 2.72
Net debt to EBITDA 0.47 3.15 1.12

Dividend

Metric AVAV HXL Aerospace & Defense median
Dividend yield 5.70% 0.82% 1.04%
Payout ratio 0.00 0.26 0.00

Size

Metric AVAV HXL Aerospace & Defense median
Market cap 8.08b 6.40b 2.52b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack