Mission Produce Inc. Common Stock (AVO)

FairStock Score: 27/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach Mission Produce as a commodity distributor, not a wide-moat franchise. It sources, packs, and distributes avocados, mangoes, and blueberries, and scale gives some logistical advantage, but pricing power is limited. Filed results show why. In FY2025, revenue was $1.4B and net income $37.7M, or $0.53 per diluted share; FY2024 was $1.2B and $36.7M, or $0.52. FY2023 was a loss of $2.8M. The latest fiscal Q3 2026, ended 2026-07-31, revenue rose to $450.0M, but net income was negative $6.5M and diluted EPS negative $0.08, versus fiscal Q3 2025 net income of $14.7M and EPS $0.21. Fiscal Q2 2026 was also a loss of $7.2M, and Q1 2026 lost $0.7M. So the turnaround is unproven. At the 2026-10-13 close of $11.81, FairStock shows a P/E of 393.67, P/B of 1.36, ROE of 0.50%, ROCE of 2.14%, and negative TTM free cash flow of $2.3M. The Graham Number is $2.42, leaving a negative margin of safety of 388.02%. Debt/equity is 0.65, Altman Z is 1.50, and Piotroski is 4/9. Revenue growth is 25.80%, but profit growth is -144.22%. The Lynch category is TURNAROUND, because it returned to profit after a loss within three years. I see a fair or full price relative to weak current earnings unless margins recover. Not a bargain on Graham terms.

In plain English: Mission Produce sells avocados, mangoes, and blueberries to grocery stores and restaurants, and also offers ripening and packing services. Sales are growing, but the company has slipped back to losses in recent quarters and is not generating positive cash flow over the last year. At the recent price, the stock looks expensive compared with those weak profits, even though it is not priced at a huge premium to its assets.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q3 2026 10-Q (period ended 2026-07-31) · fiscal Q2 2026 10-Q (period ended 2026-04-30) · fiscal Q1 2026 10-Q (period ended 2026-01-31) · fiscal Q3 2025 10-Q (period ended 2025-07-31) · FY2025 10-K (period ended 2025-10-31) · FY2024 10-K (period ended 2024-10-31) · FY2023 10-K (period ended 2023-10-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer