11 Aerospace and Defense Companies at 52-Week Low

Author's Avatar
Apr 24, 2013
Article's Main Image
The GuruFocus 52-week low screener reveals that 11 aerospace and defense companies are at a 52-week low, 39 companies are at a 52-week high and the low/high ratio is 0.28. Here’s a look at four stocks at a 52-week low in this sector.

AVAV

California-based technology company AeroVironment Inc. (AVAV, Financial) is at a 52-week low of $18.47 (high was $27.82). According to the GuruFocus 52-week low screener, AVAV is 33.6% off its high, but several billionaire investor Gurus are holding this military products company. Chuck Royce's holding history shows an average cost of 220,300 shares is $29 per share with a 37% loss.



Gurus Paul Tudor Jones, Jim Simons and Steven Cohen also hold AVAV.

AeroVironment’s diverse technological products include small, unmanned aerial vehicles, or UAVs, and remote-control military aircraft and rapid battery-charging stations, although the company’s product development pipeline features many other products including a building-mounted wind turbine.

Down 24% over 12 months, the company’s has a market cap of $405.03 million, and its ratios are: a P/E of 13.9, a P/B of 1.4 and a P/S of 1.4.

The company’s revenue growth (annual rates per share) is 8% over five years, but a negative 8.3% for the last 12 months.

1366824168463.png

AVAV data by GuruFocus.com

CMGMF

The GuruFocus 52-week low screener reveals that the British Chemring Group PLC (CMGMF, Financial) is at a 52-week low of $3.67 (high was $6.58). According to the GuruFocus Value Screen for 52-week lows, CMGMF is 44.2% off high.

Down 33% over 12 months, the company has a market cap of $708.48 million, and its ratios are: a P/E of 32.6, a P/B of 1.2 and a P/S of 0.6338.

The company’s revenue growth (annual rates per share) is 5.1% over 10 years, but a loss of 4% for the last 12 months.

1366823494849.png

CMGMF data by GuruFocus.com

Chemring Group recently announced two major win contracts for its U.S. subsidiaries. Chemring’s Non-Intrusive Inspection Technology Inc. has been awarded a $24 million order to provide spares for the U.S. Army’s Husky Mounted Detection System. Other Chemring subsidiaries, Alloy Surfaces Company Inc. and Kilgore Flares Company LLC received a contract worth $26 million to manufacture decoy devices to protect aircraft for the U.S. Army and the U.S. Air Force.

Mark Papworth, Chief Executive of Chemring, commented: “We are very pleased to receive these contracts from the U.S. Army and the U.S. Air Force, which demonstrates their continued confidence and trust in our countermeasures. We are very proud to deliver the highest quality infra-red decoys to the U.S. Department of Defense and our international customers.”

SMBMF

The GuruFocus 52-week low screener also reveals that the global marine and engineering company SembCorp Marine Ltd. (SMBMF, Financial) is at a 52-week low of $3.37 (high was $4.21). According to the GuruFocus Value Screen for 52-week lows, SMBMF is 20% off its high.

Down 18% over 12 months, the company’s has a market cap of $7.03 billion, and its ratios are: a P/E of 14.6, a P/B of 3.5 and a P/S of 2.0.

From its Singapore hub, company operations span Indonesia, China, Brazil, India, the UK and the U.S. offering ship repair, shipbuilding, ship conversion, rig building and offshore engineering and construction.

The company’s revenue growth (annual rates per share) is 15% over 10 years, a negative 3.8% over five years, but a positive 2.6% for the last 12 months.

1366824458955.png

SMBMF data by GuruFocus.com

HERXK

The GuruFocus 52-week low screener also reveals that Canadian aerospace company HĂ©roux-Devtek Inc. (HERXF, Financial) is at a 52-week low of $7.62 (high was $13.73). According to the GuruFocus Value Screen for 52-week lows, HERXF is 44.5% off high.

Down 26% over 12 months, the company’s has a market cap of $240 million, and its ratios are: P/E of 1.9, P/B of 1.1 and a P/S of 0.6.

The company’s revenue growth (annual rates per share) is 6.3% over five years, and 3% over 10 years, but the last 12 months have shown a loss of 13.9%.

1366822029342.png

HERXF data by GuruFocus.com

In August 2012 Precision Castparts Corp. bought most of HĂ©roux-Devtek for around $233.4 million, but HĂ©roux-Devtek retained its landing gear product line and its Magtron operations in Toronto. In February HĂ©roux-Devtek reported its third quarter fiscal 2013 with sales from continuing operations at $61.7 million, compared with $62.0 million last year, and net income from continuing operations of $3.3 million, or $0.11 per diluted share, versus $4.5 million or $0.15 per diluted share last year. The company has cash and cash equivalents of $91.4 million and a funded backlog of $376 million.

In summary, the GuruFocus 52-week low screener shows that there are 11 aerospace and defense stocks currently at a 52-week low.

SymbolCompanyPrice52-Week HighPercent Off High (%)Yield (%) P/E
HERXF Heroux-Devtek, Inc. $7.62 $13.73 44.5 0 1.8
CMGMF Chemring Group PLC $3.67 $6.58 44.2 0 35.7
AVAV AeroVironment, Inc. $18.47 $27.82 33.6 0 14.3
SMBMF SembCorp Marine Ltd. $3.37 $4.21 20.0 1.4 16.2
CUB Cubic Corporation $42.24 $52.53 19.6 0.6 13.4
BDRAF Bombardier Inc. $3.83 $4.75 19.4 2.6 12
SMBMY SembCorp Marine Ltd. $34.87 $42.27 17.5 0 16.8
CSCMY Cosco Corporation (Singapore) Ltd $3.55 $4.29 17.2 0 18.7




Check out the GuruFocus special feature 52-week low screener. This special feature helps you find the stocks hitting new lows but are still held by top investor Gurus and Insiders.

If billionaire Gurus own these stocks and are still increasing their positions, it likely means that they believe the stocks are undervalued. Researching these stocks may help you find deep valued stocks.