Avalon Holdings Corporation (AWX) Stock

Avalon Holdings Corporation (AWX) is a Utilities stock trading at $2.66 (as of 2026-09-02), with a market capitalization of $10.37M and a trailing P/E of 8.7. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Avalon Holdings Corporation provides waste management services and operates golf-related businesses in the United States. Its waste management segment delivers hazardous and nonhazardous waste disposal brokerage and management, captive landfill management, and related operational and facility management services, serving industrial, commercial, municipal, and governmental customers.

Understand Avalon Holdings Corporation: how it makes money

Avalon Holdings brokers hazardous and non-hazardous waste disposal and operates captive landfills and salt-water injection wells for industrial, municipal, and commercial clients across the US. Revenue comes from service fees and disposal charges, with a smaller golf operations unit rounding out the mix.

The company earns a thin spread between what it collects from waste generators and what it pays for final disposal or landfill maintenance, making it a low-margin toll business on essential but commoditized services.

Business quality (Weak): Weak: 6% operating margin, 3% ROE, and a 23% gross margin indicate very limited pricing power and capital efficiency for a waste service provider.

Valuation: At 9× earnings, AWX trades 67% below the Other average (27×). Note: the low multiple may reflect one-time earnings items.

Bull case

  • Steep valuation discount: At a P/E of 8.9×, AWX trades 67% below the 27× Other-industry average, meaning the stock prices in significant pessimism that may be difficult to sustain if the business stabilizes.

Bear case

  • Margins leave no cushion: A 23% gross margin funneling down to just 6% operating margin means there is minimal room to absorb rising landfill costs, regulatory charges, or labor expenses without profits eroding quickly.
Valuation — source: SEC EDGAR (first-party)
Price$2.66
Market Cap$10.37M
P/E Ratio8.7
EV / EBITDA5.0
Price / Book0.28
Price / Sales0.12
FCF Yield19.8%
DCF Value (model)$3.91
DCF Upside vs Price47.0%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$83.55M
Net Margin0.4%
Revenue Growth (YoY)3.2%
EPS Growth (YoY)228.6%
FCF Growth (YoY)-13.5%
Financial Health — source: SEC EDGAR
Altman Z-Score0.82 (distress)
Piotroski F-Score6/9 (moderate)
Valuation vs Sector & Industry
Stock P/E8.7
Sector P/E (Utilities)21.0
Industry P/E (Other)20.6
vs Sector-58.7%
vs Industry-57.9%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderRENAISSANCE TECHNOLOGIES LLC ($196793.00)
Institutional Holders Tracked10
Company
SectorUtilities
IndustryOther
CEORonald E. Klingle
Employees882
CountryUS
IPO Date1998-06-23

Related Companies (Other; 8 comparable companies)

  • Vivakor, Inc. (VIVK)
  • Quest Resource Holding Corporation (QRHC)
  • RenX Enterprises Corp. (RENX)
  • OIO Group (OIO)
  • Casella Waste Systems, Inc. (CWST)
  • CDT Environmental Technology Investment Holdings Limited ordinary shares (CDTG)
  • Enviri Corporation (NVRI)
  • Republic Services, Inc. (RSG)
AWX earnings history · AWX institutional & insider holders · AWX KPIs & operating metrics · AWX financials · AWX investor presentations & press releases · AWX SEC filings · AWX peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-09-02.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.