One-glance verdict
Not enough data
Fair value unavailable
Not enough cash-flow history to value this one with our method.
Fundamentals snapshot
Calavo Growers Inc
CVGW · NMS · Consumer Defensive · Food Distribution
Current price
$26.09
52-week range
$18.40 - $28.98
Market cap
$466.33M
Balance sheet
Healthy
— Coverage unavailable
Net cash $25.27M. Interest coverage shows how many times profit covers the interest bill.
What stands out
1 Reward
1 Risk
1 rewards · 1 risks
- Reward Returns 8.0% on equity, ahead of 50% of its peers.
- Risk Insider ownership is only 7.0% (peer median: 18.2%).
What this company does
Calavo Growers Inc
Calavo Growers is an agricultural company that mainly sells fresh avocados, along with other produce like tomatoes, to grocery stores and food service businesses. The company makes money from two main areas: selling fresh fruit and selling prepared foods like guacamole. This matters because having both fresh and packaged product lines gives Calavo two different ways to profit from avocados, helping to steady its business even when the prices or availability of fresh fruit change due to their supply chain (the entire process of getting food from the farm to the store).
How the company got here
Calavo Growers began in 1924 as a group of California avocado farmers who joined forces to sell their fruit together, a setup known as an agricultural cooperative. For decades, they helped build the avocado industry, eventually becoming a public company in 2002 that anyone could invest in. A major recent event was its acquisition by Mission Produce, another large avocado company, which was finalized in 2026. This combination created a more powerful player in the global avocado market.
What it actually does
Calavo's main business is getting avocados from the farm to your grocery store. The company sources (finds and buys) avocados from growers in places like California, Mexico, and Peru to ensure a year-round supply. It then packs and distributes these fresh avocados, along with some other produce like tomatoes and papayas, to retailers and restaurants. Additionally, Calavo takes avocados and turns them into ready-to-eat products like guacamole, which you'd find in the refrigerated section of the supermarket.
Fresh
This is Calavo's largest business segment, making up the vast majority of its sales. It involves sourcing, packing, and selling fresh, whole produce, with avocados being the star product. Grocery stores, wholesalers, and foodservice operators (businesses that serve meals, like restaurants) pay Calavo for a consistent supply of quality avocados, tomatoes, and papayas. This part of the business is all about managing the supply chain (the entire process of getting a product from the farm to the customer) for perishable items.
Prepared
This is a smaller but growing part of Calavo's business that focuses on convenience. The company takes fresh avocados and processes them into value-added products (items that have been changed to be worth more), primarily guacamole and avocado pulp. Retailers and restaurants buy these products to offer ready-to-eat options to their customers without the hassle of preparing them from scratch. This segment often has higher profit margins (the percentage of revenue left after costs) than selling fresh fruit alone.
What management is betting on now
The company's future is now tied to its combination with Mission Produce. The main bet is that by joining two of the biggest names in avocados, the new, larger company can be more efficient and have more control over its global supply. This strategy aims to create a more diversified business by combining Mission's strength in growing and distribution with Calavo's expertise in prepared foods like guacamole. The goal is to better serve large customers and expand their offerings of fresh and convenient food products worldwide.
Price history
How the share price has moved
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Is it cheap or expensive?
Fair value — vs current price $26.09
We couldn't calculate a fair value right now.
Is it drowning in debt?
Healthy
Net cash $25.3M - more cash than debt. Interest coverage unavailable.
Net debt
$-25.27M
Interest coverage
—
Healthy
Worse cushion
Baseline
Better cushion
CVGW
BASELINE
Calavo Growers Inc
Total debt $22.40M Interest coverage — This is the baseline the peer rows are being compared against.
Total debt $217.70M Interest coverage 6.94x This peer's profit covers its interest bill about 6.9 times over.
Total debt $628.90M Interest coverage 16.64x This peer's profit covers its interest bill about 16.6 times over.
Total debt $99.83M Interest coverage -15.48x This peer's profit covers its interest bill about 0.0 times over.
Total debt $54.24M Interest coverage 101.11x This peer's profit covers its interest bill about 101.1 times over.
Total debt $1.31B Interest coverage 2.72x This peer's profit covers its interest bill about 2.7 times over.
What you should know
The case for and against CVGW
1 Reward
1 Risk
Rewards
-
Returns 8.0% on equity, ahead of 50% of its peers.
Risks
-
Insider ownership is only 7.0% (peer median: 18.2%).
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
28.99x
Forward P/E
18.64x
P/B
2.27x
P/S
0.76x
EV/EBITDA
16.76x
PEG ratio
3.44x
Profitability
How much profit each dollar creates
Gross margin
10.2%
Operating margin
3.7%
Net margin
2.6%
ROE
8.0%
ROA
4.0%
Health
Liquidity and balance-sheet strength
Debt / equity
0.11x
Current ratio
2.21x
Quick ratio
1.31x
Total debt
$22.40M
Total cash
$47.67M
Growth
How the business has been compounding
Revenue TTM
$616.25M
Revenue 5Y CAGR
—
EPS TTM
0.90
EPS 5Y CAGR
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Cash flow
How much cash the business throws off
Operating CF TTM
—
Free CF TTM
—
FCF margin
—
Dividend
Shareholder payout
Yield
0.0%
Payout ratio
88.9%
Last ex-div date
2026-04-24