How to Buy Avanti Feeds Ltd Shares?
You can easily buy the stocks/shares of Avanti Feeds Ltd (AVANTIFEED) on Tickertape or through broker platform by opening a Demat & Trading account onlineWhat is the Share Price of Avanti Feeds Ltd?
The stock prices are volatile and keep changing through the day depending upon various factors and market conditions. The Share price of AVANTIFEED as on 15th May 2025 is ₹866.35What is the return on Avanti Feeds Ltd share?
The past returns of Avanti Feeds Ltd (AVANTIFEED) share are- Past 1 week: N/A
- Past 1 month: N/A
- Past 3 months: -22.42
- Past 6 months: 10.23
- Past 1 year: 14.11
- Past 3 years: 75.90
- Past 5 years: 53.02
What is the Dividend yield % on Avanti Feeds Ltd share?
The current dividend yield of Avanti Feeds Ltd (AVANTIFEED) is 1.20What is the Market Cap of Avanti Feeds Ltd?
Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Avanti Feeds Ltd (AVANTIFEED) is ₹10251.80Cr as of 15th May 2025What is the 52 Week High and Low of Avanti Feeds Ltd?
The 52-week high and low of Avanti Feeds Ltd (AVANTIFEED) is ₹964.20 and ₹541.50.What is the PE and PB ratio of Avanti Feeds Ltd?
The P/E (price-to-earnings) and P/B (price-to-book) ratios of Avanti Feeds Ltd are 19.39 and 3.81 respectively.Which sector does Avanti Feeds Ltd belong to?
Avanti Feeds Ltd (AVANTIFEED) belongs to the Consumer Staples sector & Packaged Foods & Meats sub-sector.What are the peers or stocks similar to Avanti Feeds Ltd?
The peers or stocks similar to Avanti Feeds Ltd are: and many others.Can't decide whether or not to buy Avanti Feeds Ltd?
Worry no more! Login to Tickertape and check out Avanti Feeds Ltd (AVANTIFEED) scorecard & all the relevant insights today5. Test Stocks FAQ What is the 52 Week High and Low of Avanti Feeds Ltd?
The 52-week high and low of Avanti Feeds Ltd (AVANTIFEED) is ₹964.20 and ₹541.50.1. Test Stocks FAQ for Avanti Feeds Ltd Shares?
You can easily buy the stocks/shares of Avanti Feeds Ltd (AVANTIFEED) on Tickertape or through broker platform by opening a Google & Trading account online3. Test Stocks FAQ What is the Share Price of Avanti Feeds Ltd?
The stock prices are volatile and keep changing through the day depending upon various factors and market conditions. The Share price of AVANTIFEED as on 15th May 2025 is ₹866.35
Avanti Feeds Ltd
AVANTIFEED Share Price
AVANTIFEED Stock Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
How to use scorecard? Learn more
AVANTIFEED Performance & Key Metrics
AVANTIFEED Performance & Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
19.39 | 3.81 | 1.20% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
36.15 | 9.21 | 1.72% |
AVANTIFEED Analyst Ratings & Forecast
Price Upside
Earnings Growth
Rev. Growth
AVANTIFEED Company Profile
Avanti Feeds Limited is a manufacturer of prawn and fish feeds, and shrimp processor and exporter. The Company's principal products/services are shrimp feed and processed shrimp.
AVANTIFEED Sentiment Analysis
AVANTIFEED Sentiment Analysis
AVANTIFEED Stock Summary · January 2025
Company is navigating a complex landscape characterized by declining market share in deposits, challenges in meeting Priority Sector Lending (PSL) obligations, and fluctuations in current account flows. Despite these hurdles, the bank is focusing on enhancing customer engagement and service delivery to drive deposit growth, with recent monthly inflows showing a positive trend. The management emphasizes a strategic approach to maintaining profitability over aggressive expansion, particularly in light of competitive pressures and a tight liquidity environment. Efforts to improve operational efficiencies through digitization and a commitment to stable cost management are underway, alongside a proactive strategy to reduce borrowings and strengthen the balance sheet. Overall, while facing short-term challenges, the bank remains optimistic about future performance and is committed to achieving sustainable growth through strategic investments and improved customer outreach.
AVANTIFEED Stock Growth Drivers
AVANTIFEED Stock Growth Drivers
1Focus on Sustainable Growth
Company is prioritizing profitable growth over mere expansion, emphasizing a strategy that encourages ground-level teams
AVANTIFEED Stock Challenges
AVANTIFEED Stock Challenges
5Deposit Growth Shortfalls
The company has experienced deposit growth that has not met expectations, attributed to seasonal trends
Loan Growth Concerns
There is uncertainty regarding the company's loan deposit ratio (LDR) and its implications for loan
AVANTIFEED Forecast
What are forecasts?
What are forecasts?
Forecasting uses historical data as inputs to make informed predictive estimates determining the direction of future trends. Price, revenue & earnings forecasts represent where the stock level, business prospects and profits are potentially expected to be at the end of the forecast period
AVANTIFEED Forecasts
Price
Revenue
Earnings
AVANTIFEED Share Price Forecast
AVANTIFEED Share Price Forecast
All values in ₹
All values in ₹
AVANTIFEED Company Revenue Forecast
AVANTIFEED Company Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
AVANTIFEED Stock EPS (Earnings Per Share) Forecast
AVANTIFEED Stock EPS (Earnings Per Share) Forecast
All values in ₹
All values in ₹
AVANTIFEED
AVANTIFEED
Income
Balance Sheet
Cash Flow
AVANTIFEED Income Statement
AVANTIFEED Income Statement
Financial Year | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 2,639.09 | 3,442.27 | 3,547.05 | 4,185.94 | 4,193.14 | 5,117.63 | 5,179.01 | 5,505.37 | 5,777.99 | 5,778.24 | ||||||||||
Raw Materials | 2,100.54 | 2,485.18 | 2,740.18 | 3,299.37 | 3,264.02 | 4,247.83 | 4,118.01 | 4,344.70 | 4,979.22 | 4,979.47 | ||||||||||
Power & Fuel Cost | 33.65 | 49.35 | 53.61 | 59.31 | 61.58 | 72.24 | 90.36 | 94.21 | ||||||||||||
Employee Cost | 73.06 | 110.87 | 100.32 | 113.51 | 126.24 | 126.26 | 166.84 | 199.55 | ||||||||||||
Selling & Administrative Expenses | 51.20 | 43.78 | 54.50 | 65.68 | 87.65 | 71.28 | 84.89 | 84.20 | ||||||||||||
Operating & Other expenses | 25.07 | 20.03 | 129.63 | 121.12 | 100.01 | 231.65 | 245.64 | 186.67 | ||||||||||||
EBITDA | 355.57 | 733.06 | 468.81 | 526.95 | 553.64 | 368.37 | 473.27 | 596.04 | 798.77 | 798.77 | ||||||||||
Depreciation/Amortization | 13.69 | 23.76 | 35.84 | 37.71 | 40.93 | 40.79 | 42.59 | 56.40 | 59.02 | 59.03 | ||||||||||
PBIT | 341.88 | 709.30 | 432.97 | 489.24 | 512.71 | 327.58 | 430.68 | 539.64 | 739.75 | 739.74 | ||||||||||
Interest & Other Items | 5.14 | 4.79 | 4.91 | 4.38 | 3.05 | 3.69 | 3.89 | 2.79 | 2.25 | 2.25 | ||||||||||
PBT | 336.74 | 704.51 | 428.06 | 484.86 | 509.66 | 323.89 | 426.79 | 536.85 | 737.50 | 737.49 | ||||||||||
Taxes & Other Items | 121.07 | 258.03 | 154.43 | 138.37 | 149.59 | 102.31 | 148.11 | 179.72 | 208.67 | 208.67 | ||||||||||
Net Income | 215.67 | 446.48 | 273.63 | 346.49 | 360.07 | 221.58 | 278.68 | 357.13 | 528.83 | 528.82 | ||||||||||
EPS | 15.83 | 32.77 | 20.08 | 25.43 | 26.43 | 16.26 | 20.45 | 26.21 | 38.81 | 38.81 | ||||||||||
DPS | 3.00 | 2.00 | 4.00 | 5.10 | 6.25 | 6.25 | 6.25 | 6.25 | 9.00 | 13.50 | ||||||||||
Payout ratio | 0.19 | 0.06 | 0.20 | 0.20 | 0.24 | 0.38 | 0.31 | 0.24 | 0.23 | 0.35 |
AVANTIFEED Company Updates
Investor Presentation
AVANTIFEED Stock Peers
What are peers and why compare against them?
What are peers and why compare against them?
A stock's peers are companies which have similar business interests, operations and belong to the same industry sector. Comparing various metrics against peers can give valuable insights on whether the company's stock is over/under-valued and the company's growth outlook vs the industry as a whole
AVANTIFEED Past Performance & Peer Comparison
AVANTIFEED Past Performance & Peer Comparison
Consumer StaplesPackaged Foods & Meats
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Avanti Feeds Ltd | 19.39 | 3.81 | 1.20% |
Patanjali Foods Ltd | 46.31 | 5.90 | 0.60% |
LT Foods Ltd | 25.12 | 4.44 | 0.69% |
Manorama Industries Ltd | 76.91 | 25.06 | 0.04% |
AVANTIFEED Stock Price Comparison
Compare AVANTIFEED with any stock or ETFAVANTIFEED Holdings
AVANTIFEED Shareholdings
What are shareholdings?
What are shareholdings?
Apart from retail investors, a company’s shares are held by promoters, foreign & domestic institutions (large investors) and mutual funds. Promoters are the ship captains and control the company’s direction. Along with institutional and mutual fund holdings, a change in their holdings can indicate performance outlook for the stock
AVANTIFEED Promoter Holdings Trend
AVANTIFEED Promoter Holdings Trend
In last 6 months, promoter holding in the company has almost stayed constant
Pledged promoter holdings is insignificant
AVANTIFEED Institutional Holdings Trend
AVANTIFEED Institutional Holdings Trend
In last 3 months, retail holding in the company has almost stayed constant
In last 3 months, foreign institutional holding of the company has decreased by 8.05%
AVANTIFEED Shareholding Pattern
AVANTIFEED Shareholding Pattern
AVANTIFEED Shareholding History
AVANTIFEED Shareholding History
Mutual Funds Invested in AVANTIFEED
Mutual Funds Invested in AVANTIFEED
No mutual funds holding trends are available
Top 5 Mutual Funds holding Avanti Feeds Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
The rupee value of the stock held by the fund divided by the stock’s market cap 1.7045% | Percentage of the fund’s portfolio invested in the stock 1.79% | Change in the portfolio weight of the stock over the last 3 months -0.14% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 10/73 (-1) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.9500% | Percentage of the fund’s portfolio invested in the stock 2.15% | Change in the portfolio weight of the stock over the last 3 months 2.15% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 4/89 (+25) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.7282% | Percentage of the fund’s portfolio invested in the stock 1.07% | Change in the portfolio weight of the stock over the last 3 months 1.07% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 34/65 (+14) |
Compare 3-month MF holding change on Screener
smallcases containing AVANTIFEED stock
smallcases containing AVANTIFEED stock
Looks like this stock is not in any smallcase yet.
AVANTIFEED Events
AVANTIFEED Events
AVANTIFEED Dividend Trend
AVANTIFEED has increased or maintained dividend levels over the last 5 years
Current dividend yield is 1.20%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹11.96 every year
Dividends
Corp. Actions
Announcements
Legal Orders
What are dividends?
What are dividends?
Dividends are a portion of earnings that a company distributes to all its shareholders every year. Dividend return is one of the most important things to be considered while investing for long term. It’s the additional return on top of what investors earn through price appreciation
AVANTIFEED Dividend Trend
AVANTIFEED has increased or maintained dividend levels over the last 5 years
Current dividend yield is 1.20%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹11.96 every year
AVANTIFEED Upcoming Dividends
AVANTIFEED Upcoming Dividends
No upcoming dividends are available
AVANTIFEED Past Dividends
AVANTIFEED Past Dividends
Cash Dividend
Ex DateEx DateJul 30, 2024
Dividend/Share
₹6.75
Ex DateEx Date
Jul 30, 2024
Cash Dividend
Ex DateEx DateJul 29, 2024
Dividend/Share
₹6.75
Ex DateEx Date
Jul 29, 2024
Cash Dividend
Ex DateEx DateAug 4, 2022
Dividend/Share
₹6.25
Ex DateEx Date
Aug 4, 2022
Cash Dividend
Ex DateEx DateAug 5, 2021
Dividend/Share
₹6.25
Ex DateEx Date
Aug 5, 2021
Cash Dividend
Ex DateEx DateAug 20, 2020
Dividend/Share
₹0.10
Ex DateEx Date
Aug 20, 2020
AVANTIFEED Stock News & Opinions
AVANTIFEED Stock News & Opinions
Avanti Feeds announced that the 32nd Annual General Meeting(AGM) of the company will be held on 14 August 2025.Powered by Capital Market - Live
Profit before tax (PBT) increased 40.3% YoY to Rs 211.45 crore in Q4 FY25. Total expenses jumped 4.64% to Rs 1,223.46 crore in Q4 FY25, compared with Rs 1,169.19 crore in Q4 FY24. Cost of raw material consumed stood at Rs 1,064.61 (up 3.08% YoY), employee benefit expenses was at Rs 67.22 crore (up 27.82% YoY), while finance cost stood at Rs 0.60 crore (down 16.67% YoY) during the period under review. For full year, the company's consolidated net profit jumped 48.1% to Rs 528.82 crore, while revenue from operations increased 4.54% to Rs 5,612.26 crore in the year ended March 2025 over the year ended March 2024. Meanwhile, the company's board recommended a dividend of Rs 9 per equity share with face value of Rs 1 each or FY25, subject to approval of shareholders at the the forthcoming Annual General Meeting (AGM). Avanti Feeds is a manufacturer of prawn and fish feeds and shrimp processors and exporters. The company's principal products/services are shrimp feed and processed shrimp.Powered by Capital Market - Live
Net profit of Avanti Feeds rose 45.83% to Rs 151.77 crore in the quarter ended March 2025 as against Rs 104.07 crore during the previous quarter ended March 2024. Sales rose 7.92% to Rs 1385.14 crore in the quarter ended March 2025 as against Rs 1283.51 crore during the previous quarter ended March 2024. For the full year,net profit rose 48.07% to Rs 528.82 crore in the year ended March 2025 as against Rs 357.14 crore during the previous year ended March 2024. Sales rose 4.53% to Rs 5612.26 crore in the year ended March 2025 as against Rs 5368.89 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales1385.141283.51 8 5612.265368.89 5 OPM %12.7610.09 -11.288.53 - PBDT226.02165.25 37 796.52593.26 34 PBT211.45150.76 40 737.49536.86 37 NP151.77104.07 46 528.82357.14 48 Powered by Capital Market - Live
Avanti Feeds announced that the Board of Directors of the Company at its meeting held on 28 May 2025, inter alia, have recommended the final dividend of Rs 9 per equity Share (i.e. 900%) , subject to the approval of the shareholders.Powered by Capital Market - Live
Avanti Feeds will hold a meeting of the Board of Directors of the Company on 28 May 2025.Powered by Capital Market - Live
Glaxosmithkline Pharmaceuticals Ltd, Marico Ltd, Caplin Point Laboratories Ltd and Aarti Pharmalabs Ltd are among the other losers in the BSE's 'A' group today, 21 April 2025.Avanti Feeds Ltd lost 4.14% to Rs 853.85 at 14:47 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 58380 shares were traded on the counter so far as against the average daily volumes of 89768 shares in the past one month.Glaxosmithkline Pharmaceuticals Ltd crashed 2.93% to Rs 2823.9. The stock was the second biggest loser in 'A' group.On the BSE, 6773 shares were traded on the counter so far as against the average daily volumes of 4437 shares in the past one month.Marico Ltd tumbled 2.62% to Rs 695.75. The stock was the third biggest loser in 'A' group.On the BSE, 1.53 lakh shares were traded on the counter so far as against the average daily volumes of 55513 shares in the past one month.Caplin Point Laboratories Ltd dropped 2.48% to Rs 1916.3. The stock was the fourth biggest loser in 'A' group.On the BSE, 3069 shares were traded on the counter so far as against the average daily volumes of 10474 shares in the past one month.Aarti Pharmalabs Ltd fell 2.47% to Rs 715.85. The stock was the fifth biggest loser in 'A' group.On the BSE, 26814 shares were traded on the counter so far as against the average daily volumes of 47983 shares in the past one month.Powered by Capital Market - Live
Garware Hi Tech Films Ltd, Persistent Systems Ltd, Coforge Ltd and KPIT Technologies Ltd are among the other losers in the BSE's 'A' group today, 03 April 2025.Avanti Feeds Ltd crashed 16.42% to Rs 743.45 at 14:47 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 1.79 lakh shares were traded on the counter so far as against the average daily volumes of 94780 shares in the past one month.Garware Hi Tech Films Ltd tumbled 13.63% to Rs 3260. The stock was the second biggest loser in 'A' group.On the BSE, 46544 shares were traded on the counter so far as against the average daily volumes of 6037 shares in the past one month.Persistent Systems Ltd lost 9.77% to Rs 4796. The stock was the third biggest loser in 'A' group.On the BSE, 88590 shares were traded on the counter so far as against the average daily volumes of 18632 shares in the past one month.Coforge Ltd plummeted 7.49% to Rs 7179. The stock was the fourth biggest loser in 'A' group.On the BSE, 30430 shares were traded on the counter so far as against the average daily volumes of 18917 shares in the past one month.KPIT Technologies Ltd dropped 6.55% to Rs 1226.55. The stock was the fifth biggest loser in 'A' group.On the BSE, 1.59 lakh shares were traded on the counter so far as against the average daily volumes of 48000 shares in the past one month.Powered by Capital Market - Live
Shares of Avanti Feeds plunged 16.82% to Rs 753.20, while Apex Frozen Foods fell 5.83% to Rs 207.15 on the BSE. Avanti Feeds hit an intraday low of Rs 720, and Apex Frozen Foods reached an intraday low of Rs 199.25 during the session. The two companies rely heavily on exports to North America for their revenue. In FY24, Avanti Feeds derived 83% of its revenue from North America, while the figure for Apex Frozen Food was 64%. The total value of India's shrimp exports is reportedly Rs 50,000 crore, with the US accounting for nearly 44% of the total shrimp exports. As per media reports, the total tariff on Indian shrimp exports, post the imposition of the new tariffs, could be 45%. These new tariffs are expected to make Indian shrimp more expensive in the US, potentially halting supplies to the key market. The reports also stated that India could maintain or even expand its agricultural exports to the United States despite newly announced tariffs, as competing nations face even steeper duties. While India faces 26% tariffs, China faces 34%, creating an 8 percent differential advantage for Indian exporters. Other competitors face even steeper barriers, with Vietnam at 46%, Bangladesh at 37%, Thailand at 36%, and Indonesia at 32%, reports added. India's relative tariff advantage combined with shrimp's small share in overall US food expenditure means demand is unlikely to shrink significantly, a media report said. Avanti Feeds is a manufacturer of prawn and fish feeds and shrimp processors and exporters. The company's principal products/services are shrimp feed and processed shrimp. Apex Frozen Foods is an integrated producer and exporter of shelf-stable, quality aquaculture products.Powered by Capital Market - Live
Shares of Avanti Feeds jumped 14.54% in three trading sessions from its recent closing low of Rs 768.60 on 28 February 2025. The stock hit a 52 Week High of Rs 815 today. The counter has soared 68.02% from its 52-week low of Rs 472 hit on 14 March 2024. On the BSE, 4.55 lakh shares were traded so far, compared with average daily volumes of 0.47 lakh shares in the past two weeks. The stock had outperformed the market over the past one month, rising 9.94% as against Sensex's 5.84% drop. The scrip had outperformed the market in past three months, jumping 31.13% as against 9.86% decrease in Sensex. The counter had also outperformed the market in past one year, soaring 51.22% as against Sensex's 0.04% rise. On the technical front, the stock's daily RSI (relative strength index) stood at 65.044. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30. On the daily chart, the stock was trading above its 50 day, 100-day and 200-day simple moving average (SMA) placed at 682.82, 642.55 and 638.36, respectively. These levels will act as crucial support zones in near term. Avanti Feeds is a manufacturer of prawn and fish feeds and shrimp processor and exporter. The company's principal products/services are shrimp feed and processed shrimp. The company reported 86.59% jump in consolidated net profit to Rs 135.21 crore on 8.98% increase in revenue from operations to Rs 1,365.8 crore in Q3 FY25 over Q3 FY24.Powered by Capital Market - Live
Coforge Ltd, J K Cements Ltd, IIFL Finance Ltd, Timken India Ltd are among the other stocks to see a surge in volumes on NSE today, 05 March 2025.Avanti Feeds Ltd recorded volume of 81.75 lakh shares by 14:14 IST on NSE, a 8.38 times surge over two-week average daily volume of 9.76 lakh shares. The stock gained 5.94% to Rs.784.00. Volumes stood at 9.03 lakh shares in the last session.Coforge Ltd clocked volume of 29.04 lakh shares by 14:14 IST on NSE, a 5.03 times surge over two-week average daily volume of 5.77 lakh shares. The stock gained 7.37% to Rs.7,743.65. Volumes stood at 4.27 lakh shares in the last session.J K Cements Ltd saw volume of 4.01 lakh shares by 14:14 IST on NSE, a 3.93 fold spurt over two-week average daily volume of 1.02 lakh shares. The stock increased 0.88% to Rs.4,444.50. Volumes stood at 57166 shares in the last session.IIFL Finance Ltd notched up volume of 83.78 lakh shares by 14:14 IST on NSE, a 3.92 fold spurt over two-week average daily volume of 21.39 lakh shares. The stock rose 10.90% to Rs.314.50. Volumes stood at 24.26 lakh shares in the last session.Timken India Ltd notched up volume of 3.72 lakh shares by 14:14 IST on NSE, a 3.62 fold spurt over two-week average daily volume of 1.03 lakh shares. The stock rose 3.72% to Rs.2,604.50. Volumes stood at 1 lakh shares in the last session.Powered by Capital Market - Live
Over the last 5 years, revenue has grown at a yearly rate of 9.19%, vs industry avg of 13.42%
Over the last 5 years, market share decreased from 5.75% to 5.33%
Over the last 5 years, net income has grown at a yearly rate of 5.47%, vs industry avg of 22.87%