Mission Produce Inc
NASDAQ:AVO

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Mission Produce Inc
NASDAQ:AVO
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Price: 14.39 USD -0.35% Market Closed
Market Cap: 1B USD
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Gross Margin
Mission Produce Inc

10.9%
Current
10%
Average
23.1%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
10.9%
=
Gross Profit
124.5m
/
Revenue
1.1B

Gross Margin Across Competitors

Country US
Market Cap 1B USD
Gross Margin
11%
Country JP
Market Cap 53.2T JPY
Gross Margin
34%
Country CH
Market Cap 190.5B CHF
Gross Margin
47%
Country US
Market Cap 80.2B USD
Gross Margin
39%
Country ZA
Market Cap 45.5B Zac
Gross Margin
28%
Country FR
Market Cap 41.2B EUR
Gross Margin
48%
Country MY
Market Cap 167.6B MYR
Gross Margin
22%
Country US
Market Cap 37B USD
Gross Margin
35%
Country ZA
Market Cap 35.8B Zac
Gross Margin
42%
Country CN
Market Cap 259.2B CNY
Gross Margin
35%
Country US
Market Cap 35.2B USD
Gross Margin
35%
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Mission Produce Inc
Glance View

Market Cap
1B USD
Industry
Food Products

Mission Produce, Inc. engages in sourcing, producing and distributing avocados. The company is headquartered in Oxnard, California and currently employs 2,800 full-time employees. The company went IPO on 2020-09-30. The firm procures avocados principally from California, Mexico and Peru. The company operates through two operating segments: Marketing and Distribution and International Farming. The Marketing and Distribution segment sources fruit from growers and then distributes the fruit through its global distribution network. Its International Farming segment owns and operates orchards from which all fruit produced is sold to its Marketing and Distribution segment. The International Farming segment's farming activities range from cultivating early-stage plantings to harvesting from mature trees, and it also earns service revenues for packing and processing for producers of other crops during the avocado off-harvest season. Its International Farming segment is principally located in Peru, with smaller operations in other areas of Latin America.

AVO Intrinsic Value
9.94 USD
Overvaluation 31%
Intrinsic Value
Price

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
10.9%
=
Gross Profit
124.5m
/
Revenue
1.1B
What is the Gross Margin of Mission Produce Inc?

Based on Mission Produce Inc's most recent financial statements, the company has Gross Margin of 10.9%.