$29.91

-0.06 (-0.20%)

Weekly Expected Move ±2.8%

$27 $28 $29 $30 $31

NASDAQ · Financial Services · Banks - Regional · Alpha Radar Buy · Power 54 · $260.3M mcap · 6M float · 1.52% daily turnover · Short 48% of daily vol

Edge Score

Quantitative competitive moat analysis scoring five pillars of durable advantage — cost leadership, brand intangibles, switching costs, network effects, and efficient scale — using industry percentile rankings on a 0–100 scale.

WEAK EDGE

43.5 / 100

NoneWeakNarrowWide

Primary source: Switching Costs · ROIC: -8.2%

Cost Advantage

Intangibles

Switching Cost

Network Effect

Scale

The Edge Score quantifies a company's competitive moat using five pillars: Cost Advantage (20%, operating margin and SG&A efficiency vs industry peers), Intangible Assets (25%, gross margin premium, R&D intensity, brand pricing power), Switching Costs (25%, revenue stability, earnings consistency, customer retention proxied by operating leverage), Network Effects (15%, revenue growth with expanding margins, market share dominance), and Efficient Scale (15%, market concentration, ROIC sustainability). Each pillar is scored 0–100 using industry percentile rankings, then weighted into a composite. Wide ≥ 70, Narrow ≥ 55, Weak ≥ 40, None < 40. AVBH shows a Weak competitive edge (43.5/100) — limited structural advantages that may face competitive pressure. The primary source of advantage is Switching Costs. Negative ROIC of -8.2% indicates the company is currently destroying value, though this may reflect a growth investment phase.

Analyst Insights

Wall Street analyst consensus based on price targets and buy/sell/hold recommendations from institutional research coverage over the trailing 12 months.

Analyst Price Targets

Low

$35

Avg Target

$35

High

Based on 3 analyst ratings (12 mo)

Analyst Recommendations

Strong Buy: 0Buy: 4Hold: 0Sell: 0Strong Sell: 0

Rating Summary

ConsensusBuy

Avg Target$35.00

Analysts1

Price Target Change History

Date	Firm	Analyst	Old	New	Change	Upside @ Call	Stock@Call
2026-02-23	Stephens	Andrew Terrell	$23	$35	+12	+18.2%	$29.61
2025-09-02	D.A. Davidson	—	$27	$32	+4	+25.5%	$25.10
2025-09-02	Piper Sandler	Matthew Clark	$23	$31	+8	+23.5%	$25.10
2024-07-23	Stephens	Andrew Terrell	Initiated	$23	—	+22.3%	$18.80
2024-07-22	D.A. Davidson	Gary Tenner	Initiated	$27	—	+43.6%	$18.80
2024-04-19	Piper Sandler	Andrew Liesch	Initiated	$23	—	+20.0%	$19.17

Financial Rating

Composite financial health rating (A+ to F) based on discounted cash flow valuation, return on equity, return on assets, debt-to-equity leverage, and relative P/E and P/B multiples.

B+

May 22, 2026

DCF

ROE

ROA

D/E

P/E

P/B

The Financial Rating evaluates six fundamental factors — discounted cash flow (DCF) valuation, return on equity (ROE), return on assets (ROA), debt-to-equity leverage (D/E), and relative price-to-earnings (P/E) and price-to-book (P/B) multiples — each scored 1–5. AVBH receives an overall rating of B+. Strongest factors: DCF (4/5). Areas of concern: P/E (2/5).

Rating Change History

Date	From	To
2026-05-18	A-	B+
2026-05-13	B+	A-
2026-05-04	A-	B+
2026-04-30	B+	A-
2026-04-27	A	B+
2026-04-24	A-	A
2026-04-14	A	A-
2026-04-01	A-	A
2026-02-02	B+	A-
2026-01-03	B	B+

InsiderStreet Scorecard

Proprietary multi-factor scorecard rating companies across seven fundamental dimensions — profitability, balance sheet strength, earnings quality, growth, value, momentum, and safety — each scored 0–100.

★ ★ ★ ★ ★ 50 Grade A

Profitability

Balance Sheet

Earnings Quality

Growth

—

Value

Momentum

—

Safety

Cash Flow

The InsiderStreet Scorecard rates companies across eight dimensions: Profitability (margins, ROA, ROE), Balance Sheet (leverage, liquidity, coverage), Earnings Quality (accruals, cash conversion), Growth (revenue and earnings trajectory), Value (P/E, P/B, earnings yield, Graham criteria), Momentum (revenue and earnings acceleration), Safety (Altman Z-Score risk adjustment), and Cash Flow (operating cash flow quality, FCF conversion, cash coverage). The overall score blends 35% quality, 35% value, and 30% momentum, with a penalty for distress-zone Altman scores. AVBH scores highest in Earnings Quality (95/100) and lowest in Balance Sheet (39/100). An overall grade of A places AVBH among the highest-quality companies in its peer group.

Risk & Quality Signals

Academic financial models used by institutional investors to assess bankruptcy risk, earnings manipulation, financial strength, and credit quality.

Altman-B Score

1.85

Grey Zone

Piotroski F-Score

4/9

✓ ✓ ✗ ✓ ✗ ✗ ✓ ✗ ✗

Beneish M-Score

—

Ohlson O-Score

-5.33

Bankruptcy prob: 0.5%

Low Risk

Credit Rating

A-

Score: 66.0/100

Earnings Quality

100/100

OCF/NI: 1.09x

Accruals: -0.1%

The Altman-B Score replaces the traditional Z-Score for banks and financial institutions. It weights equity-to-assets, return on assets, retained earnings, market value coverage, and cash reserves — metrics that better capture bank solvency than manufacturing-oriented ratios. AVBH scores 1.85, placing it in the Grey Zone (safe > 3.0, distress < 1.5). Financial distress is possible and warrants monitoring. The Piotroski F-Score (2000) is a 9-point binary checklist — four profitability tests (positive ROA, positive cash flow, improving ROA, cash flow exceeding net income), three leverage tests (declining debt ratio, improving current ratio, no share dilution), and two efficiency tests (improving gross margin, improving asset turnover). Each pass scores 1 point. AVBH scores 4/9, indicating moderate financial health — some areas of strength offset by weaknesses in others. The Ohlson O-Score (1980) is a 9-variable logistic regression that estimates bankruptcy probability using firm size, leverage, working capital, current ratio, profitability (ROA), cash flow coverage, negative equity flag, consecutive losses flag, and earnings trajectory. The raw score is converted to a probability via logistic transformation. AVBH's implied 0.5% bankruptcy probability is well within safe territory. Our Credit Rating model scores companies on five weighted components — solvency (30%), earning power (25%), leverage (20%), liquidity (15%), and cash flow quality (10%) — then blends the absolute score with sector and industry peer rankings. For companies with large buyback programs, equity is adjusted by adding back cumulative 5-year repurchases (capped at 80% of FCF generated) to avoid penalizing shareholder-friendly capital allocation. AVBH receives an estimated rating of A- (score: 66.0/100). The Earnings Quality score measures how well reported earnings are backed by real cash. It evaluates the operating cash flow to net income ratio (OCF/NI ≥ 1.0 means every dollar of earnings is cash-backed) and the accruals ratio (the gap between earnings and cash flow relative to assets — lower is better). AVBH's score of 100/100 is high — cash flows strongly support reported earnings.

Valuation

Key valuation multiples comparing the stock's market price to its earnings, revenue, book value, and cash flows. Lower multiples may indicate relative undervaluation versus peers.

P/E

11.50x

PEG

1.73x

P/S

2.76x

P/B

1.10x

P/FCF

12.91x

P/OCF

12.93x

EV/EBITDA

-10.56x

EV/Revenue

5.58x

EV/EBIT

-10.43x

EV/FCF

13.37x

Earnings Yield

7.09%

FCF Yield

7.75%

Shareholder Yield

0.14%

Graham Number

$34.43

Equity-based multiples (P/E, P/B, P/FCF) compare the stock price to per-share fundamentals and are affected by capital structure. Enterprise value multiples (EV/EBITDA, EV/Revenue, EV/FCF) strip out debt and cash, making them more useful for cross-company comparisons regardless of how companies are financed. The Graham Number — √(22.5 × EPS × Book Value) — is Benjamin Graham's formula for the maximum price a defensive investor should pay. At 11.5x earnings, AVBH trades at a reasonable valuation. An earnings yield of 7.1% exceeds typical risk-free rates, suggesting equities are being compensated for risk. Graham's intrinsic value formula yields $34.43 per share, suggesting a potential 15% margin of safety at the current price.

DuPont Decomposition (5-Factor)

The 5-factor DuPont framework breaks Return on Equity into its component drivers — tax efficiency, interest burden, operating profitability, asset utilization, and financial leverage — to reveal what truly drives shareholder returns.

Tax Burden

-0.714

NI / EBT

Interest Burden

1.000

EBT / EBIT

EBIT Margin

-0.535

EBIT / Rev

Asset Turnover

0.022

Rev / Assets

Equity Multiplier

9.145

Assets / Equity

ROE

7.7%

The 5-factor DuPont identity decomposes ROE as: Tax Burden × Interest Burden × EBIT Margin × Asset Turnover × Equity Multiplier = ROE. This reveals whether returns are driven by operating performance, financial leverage, or tax efficiency — three very different sources of profitability. AVBH's ROE of 7.7% is driven by financial leverage (equity multiplier: 9.15x). Note: high leverage means ROE is amplified by debt rather than operational performance. A tax burden ratio of -0.71 suggests the company retains less than 60% of pre-tax earnings after taxes.

Graham-Dodd Adjusted Valuation

Our adaptation of Graham's growth formula (Fair P/E = 8.5 + 2g) from The Intelligent Investor. The classic version relies on analyst growth projections, which can be unreliable. This adjusted model substitutes the company's realized 3-year EPS CAGR — a backward-looking, verifiable measure of actual earnings power — grounding the valuation in demonstrated performance rather than forecasts.

Adj. Growth Rate

0.00%

Fair P/E

8.50x

Intrinsic Value

$17.17

Price/Value

1.66x

Margin of Safety

-65.96%

Premium

65.96%

Assessment

Overvalued

Graham's classic formula uses analyst-projected growth to estimate a fair P/E (8.5 + 2g). Our adjusted version replaces that projection with AVBH's realized 0.0% 3-year EPS CAGR — what the company actually delivered, not what analysts hope for. AVBH trades at a 66% premium to its adjusted intrinsic value of $17.17, suggesting the market is pricing in future growth beyond what historical earnings support. The adjusted fair P/E of 8.5x compares to the current market P/E of 11.5x.

Profitability Trends

Historical profitability ratios tracking how efficiently the company converts revenue into returns for shareholders over time.

Leverage & Solvency Trends

Debt and liquidity metrics showing the company's financial leverage and ability to meet short-term and long-term obligations.

Efficiency & Working Capital Trends

Operating efficiency metrics measuring how quickly the company converts inventory to sales, collects receivables, and manages its cash conversion cycle.

Growth Trends (YoY %)

Year-over-year growth rates for key financial metrics, showing the trajectory of revenue, earnings, and cash flow generation.

Earnings Stability

R-squared of linear regression measuring how predictably revenue, earnings, and margins follow a trend over the trailing 5 years. 1.0 = perfectly predictable; lower values indicate erratic or cyclical behavior.

Monte Carlo Price Simulation

Geometric Brownian Motion with 1,000 antithetic paths over 1 year, seeded from 202 days of historical volatility. Percentile bands show the range of statistically plausible outcomes — this is a statistical model, not a forecast.

Current Price

$29.91

Median 1Y

$43.94

5th Pctile

$31.39

95th Pctile

$61.42

Ann. Volatility

19.2%

Analyst Target

$35.00

25th–75th percentile 5th–95th percentile Median path Historical Analyst target

Executive Compensation

C-suite compensation breakdown including salary, stock awards, options, and incentive pay. The CEO-to-employee pay ratio and Gini coefficient measure pay distribution fairness.

C-Suite Compensation

Executive	Salary	Stock	Total
Mark D. Mordell Chairman and Chief Executive Officer	$525,000	$231,961	$1,419,865
Patrick T. Oakes Executive Vice President and Chief Financial Officer	$365,181	$140,124	$863,090
Gina Thoma-Peterson Executive Vice President and Chief Operating Officer	$335,070	$129,986	$784,311

CEO Pay Ratio

9:1

CEO-to-Employee Pay Ratio

CEO Total Comp: $1,419,865

Avg Employee Cost (SGA/emp): $166,636

Employees: 151

C-Suite Pay Equality (Gini)

CEO Compensation Mix

Workforce & Productivity

Workforce efficiency metrics measuring revenue, profit, and R&D spend per employee — key indicators of operational leverage and human capital productivity.

Employees

151

Revenue / Employee

$491,397

Rev: $74,201,000

Profit / Employee

$158,801

NI: $23,979,000

SGA / Employee

$166,636

Avg labor cost proxy

Scaling Efficiency

All Ratios & Metrics

Complete fundamental data with up to 20 periods of history, sparkline trends, and current values across 13 categories and 130+ financial metrics.

Profitability

Metric	Q3'25	Q4'25	Q1'26	Current
ROE	3.1%	4.5%	7.7%	7.75%
ROA	0.3%	0.5%	0.8%	0.85%
ROIC	-10.4%	-11.6%	-8.2%	-8.25%
ROCE	-2.3%	-1.7%	-1.2%	-1.19%
Gross Margin	1.7%	59.7%	65.5%	65.48%
Operating Margin	2.2%	25.2%	30.7%	30.71%
Net Margin	-24.6%	17.3%	22.3%	22.27%
EBITDA Margin	2.2%	25.4%	30.7%	30.71%
FCF Margin	-52.8%	1.1%	41.7%	41.74%
OCF Margin	-52.6%	1.1%	41.7%	41.68%
ROIC Economic	snapshot only			-7.98%
Cash ROA	snapshot only			0.92%
Cash ROIC	snapshot only			8.13%
CROIC	snapshot only			8.14%
NOPAT Margin	snapshot only			-42.28%
Pretax Margin	snapshot only			-53.52%
R&D / Revenue	snapshot only			0.00%
SGA / Revenue	snapshot only			37.07%
SBC / Revenue	snapshot only			4.24%

Valuation

Metric	Q3'25	Q4'25	Q1'26	Current
P/E Ratio	33.81	22.41	14.11	11.503
P/S Ratio	-8.31	17.32	5.39	2.764
P/B Ratio	1.05	1.02	1.09	1.099
P/FCF	15.72	15.76	12.91	12.906
P/OCF	15.79	15.80	12.93	12.925
EV/EBITDA	-7.79	-6.97	-10.56	-10.560
EV/Revenue	-17.40	17.99	5.58	5.582
EV/EBIT	-7.74	-6.91	-10.43	-10.431
EV/FCF	32.94	16.37	13.37	13.374
Earnings Yield	3.0%	4.5%	7.1%	7.09%
FCF Yield	6.4%	6.3%	7.7%	7.75%
PEG Ratio	snapshot only			1.732
Price/Tangible Book	snapshot only			1.093
EV/OCF	snapshot only			13.394
EV/Gross Profit	snapshot only			29.173
Shareholder Yield	snapshot only			0.14%
Graham Number	snapshot only			$34.43

Leverage & Solvency

Metric	Q3'25	Q4'25	Q1'26	Current
Current Ratio	—	—	—	—
Quick Ratio	—	—	—	—
Debt/Equity	1.15	0.08	0.08	0.078
Net Debt/Equity	1.15	0.04	0.04	0.040
Debt/Assets	0.09	0.01	0.01	0.009
Debt/EBITDA	-4.07	-0.52	-0.73	-0.730
Net Debt/EBITDA	-4.07	-0.26	-0.37	-0.370
Interest Coverage	-3.88	-1.59	-0.77	-0.772
Equity Multiplier	12.39	9.15	9.15	9.145
Debt Service Coverage	snapshot only			-0.762
Cash to Debt	snapshot only			0.494
FCF to Debt	snapshot only			1.081
Defensive Interval	snapshot only			95.8 days

Efficiency & Turnover

Metric	Q3'25	Q4'25	Q1'26	Current
Asset Turnover	-0.01	0.01	0.02	0.022
Inventory Turnover	—	—	—	—
Receivables Turnover	—	—	—	—
Payables Turnover	—	—	—	—
DSO	-0	0	0	0.0 days
DIO	0	0	0	0.0 days
DPO	0	0	0	—
Cash Conversion Cycle	—	0	0	—
Fixed Asset Turnover	snapshot only			37.353
Cash Velocity	snapshot only			5.246
Capital Intensity	snapshot only			45.081

Growth Quality

Metric	Q3'25	Q4'25	Q1'26	Current
Revenue Stability	—	—	—	—
Earnings Stability	—	—	—	—
Margin Stability	—	—	—	—
Rev. Growth Consistency	0.00	0.00	0.00	0.000
Earn. Growth Consistency	0.00	0.00	0.00	0.000
FCF Positive Streak	0	0	0	0
Earnings Persistence	—	—	—	—
Earnings Smoothness	—	—	—	—
ROE Trend	—	—	—	—
Gross Margin Trend	—	—	—	—
FCF Margin Trend	—	—	—	—
Sustainable Growth Rate	3.1%	4.5%	7.7%	7.75%
Internal Growth Rate	0.3%	0.5%	0.9%	0.85%

Cash Flow Quality

Metric	Q3'25	Q4'25	Q1'26	Current
OCF/Net Income	2.14	1.42	1.09	1.091
FCF/OCF	1.00	1.00	1.00	1.001
FCF/Net Income	snapshot only			1.093
CapEx/Revenue	-0.2%	0.3%	0.1%	0.06%
CapEx/Depreciation	snapshot only			0.092
Accruals Ratio	-0.00	-0.00	-0.00	-0.001
Sloan Accruals	snapshot only			-0.000
Cash Flow Adequacy	snapshot only			688.594
Earnings Quality Score	snapshot only			1.000

Dividends & Buybacks

Metric	Q3'25	Q4'25	Q1'26	Current
Dividend Yield	0.0%	0.0%	0.0%	0.00%
Dividend/Share	$0.00	$0.00	$0.00	$0.00
Payout Ratio	0.0%	0.0%	0.0%	0.00%
FCF Payout Ratio	0.0%	0.0%	0.0%	0.00%
Total Payout Ratio	7.3%	3.3%	1.9%	1.93%
Div. Increase Streak	—	—	—	—
Chowder Number	—	—	—	—
Buyback Yield	0.2%	0.1%	0.1%	0.14%
Net Buyback Yield	-31.1%	-21.3%	-19.8%	-19.84%
Total Shareholder Return	-31.1%	-21.3%	-19.8%	-19.84%

DuPont Factors

Metric	Q3'25	Q4'25	Q1'26	Current
Tax Burden (NI/EBT)	-0.11	-0.30	-0.71	-0.714
Interest Burden (EBT/EBIT)	1.00	1.00	1.00	1.000
EBIT Margin	2.25	-2.60	-0.54	-0.535
Asset Turnover	-0.01	0.01	0.02	0.022
Equity Multiplier	12.39	9.15	9.15	9.145

Per Share

Metric	Q3'25	Q4'25	Q1'26	Current
EPS (Diluted TTM)	$0.75	$1.19	$2.02	$2.02
Book Value/Share	$24.25	$26.13	$26.08	$27.21
Tangible Book/Share	$24.25	$26.13	$26.08	$26.08
Revenue/Share	$-3.07	$1.53	$5.29	$8.88
FCF/Share	$1.62	$1.69	$2.21	$1.78
OCF/Share	$1.61	$1.68	$2.21	$1.78
Cash/Share	$0.00	$1.01	$1.01	$1.00
EBITDA/Share	$-6.86	$-3.96	$-2.80	$-2.80
Debt/Share	$27.93	$2.05	$2.04	$2.04
Net Debt/Share	$27.93	$1.04	$1.03	$1.03

Academic Models

Metric	Q3'25	Q4'25	Q1'26	Current
Altman-B Score	—	—	—	1.849
Altman Z-Prime	snapshot only			0.230
Piotroski F-Score	4	4	4	4
Beneish M-Score	—	—	—	—
Ohlson O-Score	snapshot only			-5.334
ROIC (Greenblatt)	snapshot only			-2.46%
Net-Net WC	snapshot only			$-211.42
EVA	snapshot only			$-53310350.00

Credit

Metric	Q3'25	Q4'25	Q1'26	Current
Credit Rating	snapshot only			A-
Credit Score	35.49	53.12	66.01	66.009
Credit Grade	snapshot only			7
Implied Spread (bps)	snapshot only			175.000
Industry Credit Rank	snapshot only			55
Sector Credit Rank	snapshot only			55

AVBH NASDAQ

Edge Score

Analyst Insights

Financial Rating

InsiderStreet Scorecard

Risk & Quality Signals

Valuation

DuPont Decomposition (5-Factor)

Graham-Dodd Adjusted Valuation

Profitability Trends

Leverage & Solvency Trends

Efficiency & Working Capital Trends

Growth Trends (YoY %)

Earnings Stability

Monte Carlo Price Simulation

Executive Compensation

C-Suite Compensation

CEO Pay Ratio

C-Suite Pay Equality (Gini)

CEO Compensation Mix

Workforce & Productivity

Scaling Efficiency

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