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GuruFocus Financial Strength Rank measures how strong a companyÂ’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength

vs
industry
vs
history
Cash to Debt 0.534
AVG's Cash to Debt is ranked lower than
85% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 10000.00 vs. AVG: 0.534 )
AVG' s 10-Year Cash to Debt Range
Min: 0.27   Max: 60.14
Current: 0.53

0.27
60.14
Equity to Asset -0.448
AVG's Equity to Asset is ranked lower than
95% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 0.49 vs. AVG: -0.448 )
AVG' s 10-Year Equity to Asset Range
Min: -1.73   Max: -0.45
Current: -0.45

-1.73
-0.45
Interest Coverage 3.8
AVG's Interest Coverage is ranked lower than
76% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 10000.00 vs. AVG: 3.8 )
AVG' s 10-Year Interest Coverage Range
Min: 4   Max: No Debt
Current: 3.8

Z-Score: 3.74
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyÂ’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth

vs
industry
vs
history
Operating margin (%) 22.60
AVG's Operating margin (%) is ranked higher than
96% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 5.40 vs. AVG: 22.60 )
AVG' s 10-Year Operating margin (%) Range
Min: 22.6   Max: 33.3
Current: 22.6

22.6
33.3
Net-margin (%) 12.9
AVG's Net-margin (%) is ranked higher than
92% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 3.50 vs. AVG: 12.9 )
AVG' s 10-Year Net-margin (%) Range
Min: 12.9   Max: 36.9
Current: 12.9

12.9
36.9
ROA (%) 14.2
AVG's ROA (%) is ranked higher than
97% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 4.00 vs. AVG: 14.2 )
AVG' s 10-Year ROA (%) Range
Min: 14.2   Max: 36.5
Current: 14.2

14.2
36.5
» AVG's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2012

AVG Guru Trades in Q2 2012

Paul Tudor Jones Sold Out
» More
Q3 2012

AVG Guru Trades in Q3 2012

Steven Cohen 51,624 sh (New)
» More
Q4 2012

AVG Guru Trades in Q4 2012

Steven Cohen Sold Out
» More
Q1 2013

AVG Guru Trades in Q1 2013

Jim Simons 214,800 sh (New)
Joel Greenblatt 14,458 sh (New)
» More
» Details

Insider Trades

Latest Guru Trades with AVG

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2013-03-31 New Buy0.01%$12.19 - $16.13 $ 17.9324%14458
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry
vs
history
P/E(ttm) 16.20
AVG's P/E(ttm) is ranked lower than
63% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 25.05 vs. AVG: 16.20 )
AVG' s 10-Year P/E(ttm) Range
Min: 11.47   Max: 83.11
Current: 16.2

11.47
83.11
P/S 2.50
AVG's P/S is ranked lower than
57% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 1.40 vs. AVG: 2.50 )
AVG' s 10-Year P/S Range
Min: 1.41   Max: 4.26
Current: 2.5

1.41
4.26
PFCF 8.00
AVG's PFCF is ranked higher than
84% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 18.41 vs. AVG: 8.00 )
AVG' s 10-Year PFCF Range
Min: 5.68   Max: 19.18
Current: 8

5.68
19.18
EV-to-EBIT 10.9
AVG's EV-to-EBIT is ranked higher than
77% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 18.35 vs. AVG: 10.9 )
AVG' s 10-Year EV-to-EBIT Range
Min: 7.5   Max: 15.4
Current: 10.9

7.5
15.4

Valuation & Return

vs
industry
vs
history
Price/Net Current Asset Value 49.6
AVG's Price/Net Current Asset Value is ranked lower than
66% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 13.80 vs. AVG: 49.6 )
AVG' s 10-Year Price/Net Current Asset Value Range
Min: 44   Max: 44
Current: 49.6

Price/Median PS Value 1.2
AVG's Price/Median PS Value is ranked lower than
62% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 0.80 vs. AVG: 1.2 )
AVG' s 10-Year Price/Median PS Value Range
Min: 1.1   Max: 1.1
Current: 1.2

Earnings Yield (Greenblatt) 9.20
AVG's Earnings Yield (Greenblatt) is ranked lower than
54% of the 835 Companies
in the Global Software - Application industry.

( Industry Median: 4.80 vs. AVG: 9.20 )
AVG' s 10-Year Earnings Yield (Greenblatt) Range
Min: 6.5   Max: 13.3
Current: 9.2

6.5
13.3

Business Description

AVG Technologies NV was incorporated under the laws of the Netherlands. It provides software and online services. Its solutions ranges from desktop, laptop and mobile security software to dynamic secure Internet search solutions. The Company's product portfolio targets the consumer and small business markets and includes Internet security, PC performance optimization, online backup, mobile security, identity protection and family safety software. It distributes its products primarily online, which allows it to generate high-margin revenue from direct distribution of its premium products and search agreements with third-party search providers. It also has a global network of resellers and distributors, including CNET, Ingram Micro and Wal-Mart. Its solutions, including software and online services, include security, PC management, online backup and other products. While its AVG AntiVirus Free Edition is provided free of charge to its users, the majority of its products are provided for a fee on a subscription basis. The Company's software products are currently available in various languages, used in over 185 countries around the world and sold under software license agreements.
Company Website
Industry: Software - Application
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