Employees: 982
Size Avon Technologies (AVON.L) is a United Kingdom Industrials company (Aerospace & Defense) with a market value of $933M, the 220th largest of 363 United Kingdom companies the cockpit tracks. Shares closed at £2,335 on 6 Nov 2026.
Performance Over six months the shares gained 45.4%, against -25.8% for the median peer and +3.6% for the United Kingdom market (cap-weighted) — highest of 20 in its peer set.
Growth Revenue grew 4.6% over the last twelve months (peer median +13.2%); the operating margin is 11.6% (peer median 5.0%).
Valuation It trades at 22.8× forward earnings against a peer median of 43.9× (3rd cheapest of 12).
Price implies For today's price to make sense, revenue must grow about 16% a year for seven years (Req g). Recent delivered growth is +7%, so the hurdle is +9 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 2.9 points above its cost of capital (8.1% WACC).
Next results Next results expected around 10 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | £243M | £240M | £217M | £199M | £207M |
| Revenue growth | — | +11% | +9% | -4% | — |
| Gross profit | £94.6M | £88.9M | £73.8M | £60.7M | £59.7M |
| EBITDA | £41.6M | £39.4M | £33.5M | £28.3M | £30.8M |
| Net income | £13.6M | £7.89M | £2.37M | -£11.8M | -£5.96M |
| Free cash flow | £11.8M | £11.6M | £29.6M | -£5.39M | £18.1M |
| Capital expenditure | £7.16M | £7.35M | £8.84M | £9.31M | £6.98M |
| Total debt | n/a | £60.5M | £59.2M | £80.8M | £69.4M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | AVON.L | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +3.5% | -2.7% | 5th highest of 20 |
| 6-month return | +45.4% | -25.8% | highest of 20 |
| Distance from 52-week high | -10.0% | -47.7% | 2nd highest of 20 |
| Revenue growth (TTM) | +4.6% | +13.2% | 9th lowest of 21 |
| Operating margin | 11.6% | 5.0% | 6th highest of 21 |
| Forward P/E | 22.8× | 43.9× | 3rd cheapest of 12 |
| Growth the price implies (Req g, 7 yrs) | 16.3% | 37.4% | 2nd least demanding of 7 |
| Growth delivered (Del g) | +7.4% | +15.3% | 3rd lowest of 7 |
| Hurdle (Req g minus delivered) | +8.8 pp | +13.5 pp | 4th least demanding of 7 |
| ROIC minus cost of capital | +2.9 pp | -5.9 pp | 4th highest of 20 |
| EV / EBITDA | 18.0× | 27.6× | 3rd cheapest of 8 |
| Net debt / EBITDA | 1.4× | 0.0× | 2nd most indebted of 9 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Avon Technologies AVON.L | United Kingdom | $933M | +45% | +5% | 12% | 22.8× | 16.3% | +7.4% |
| Streamax Technology 002970.SZ | China | $951M | -51% | +3% | 11% | 12.3× | n/a | n/a |
| Xi'an ChenXi Aviation Technology 300581.SZ | China | $906M | -13% | 0% | -78% | n/a | n/a | n/a |
| Kraken Robotics PNG.V | Canada | $896M | -53% | +21% | -2% | 27.6× | n/a | n/a |
| Tonbo Imaging India TONBO.NS | India | $895M | n/a | -23% | 21% | n/a | n/a | n/a |
| Vincorion V1NC.DE | Germany | $982M | -5% | +18% | 12% | 24.6× | 38.0% | +47.5% |
| Jiangxi Xinyu Guoke Technology 300722.SZ | China | $870M | -26% | +14% | 14% | n/a | 38.8% | +12.9% |
| Nanjing LES Information Technology 688631.SS | China | $863M | -38% | -31% | -5% | 90.2× | 36.9% | -1.1% |
| York Space Systems YSS | United States | $860M | -82% | +52% | -15% | n/a | n/a | n/a |
| National Presto Industries NPK | United States | $1.02B | 0% | +21% | 9% | n/a | 8.3% | +7.4% |
| Paras Defence & Space Technologies PARAS.NS | India | $1.06B | +43% | +42% | 23% | 85.7× | n/a | n/a |
| DroneShield DRO.AX | Australia | $818M | -60% | +153% | -14% | n/a | n/a | n/a |
| Guanglian Aviation Industry 300900.SZ | China | $1.07B | -51% | +1% | -10% | 57.5× | n/a | n/a |
| Electro Optic Systems EOS.AX | Australia | $1.08B | -18% | +225% | -7% | 43.9× | n/a | n/a |
| Shaanxi Zhongtian Rocket Technology 003009.SZ | China | $1.10B | -26% | +42% | -6% | n/a | n/a | n/a |
| Cohort CHRT.L | United Kingdom | $774M | +9% | +13% | 11% | 18.5× | n/a | n/a |
| Wuxi Hyatech 688510.SS | China | $768M | -41% | -4% | 12% | 38.6× | 41.9% | +18.2% |
| CIMC Safeway Technologies 301559.SZ | China | $1.14B | -24% | +13% | 4% | 54.6× | n/a | n/a |
| Shandong Senter Electronic 001388.SZ | China | $742M | -16% | +5% | 6% | n/a | 21.1% | +17.7% |
| Sichuan 6912 Communication Technology 301592.SZ | China | $1.18B | -14% | -3% | 9% | n/a | n/a | n/a |
| Chengdu ALD Aviation Manufacturing 300696.SZ | China | $733M | -58% | -18% | -12% | 79.0× | n/a | n/a |