Is CALAVO GROWERS INC (CVGW) Halal?

NASDAQ Consumer Defensive United States $472M
✓ HALAL
Confidence: 95/100
CALAVO GROWERS INC (CVGW) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 5.1% against the AAOIFI threshold of 30%, CALAVO GROWERS INC comfortably passes the key financial ratio tests. The company operates in the Consumer Defensive sector (Food Distribution), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from October 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 5.1%
/ 30%
13.2%
/ 30%
7.3%
/ 30%
0.5%
/ 5%
✓ HALAL
DJIM 5.1%
/ 33%
13.2%
/ 33%
7.3%
/ 33%
0.5%
/ 5%
✓ HALAL
MSCI 8.0%
/ 33%
20.9%
/ 33%
11.6%
/ 33%
0.5%
/ 5%
✓ HALAL
S&P 5.1%
/ 33%
13.2%
/ 33%
7.3%
/ 33%
0.5%
/ 5%
✓ HALAL
FTSE 8.0%
/ 33%
20.9%
/ 33%
11.6%
/ 50%
0.5%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
29.3
Forward: 17.4
EPS
$0.90
Dividend Yield
303.0%
Payout: 88.9%
P/B Ratio
2.3
EV/EBITDA
17.0
EV: $448M
Revenue
$648M
Growth: -20.8%
Beta
0.4
Low volatility
Current Ratio
2.2

Profitability

Gross Margin 10.2%
Operating Margin 3.7%
Net Margin 2.6%
Return on Equity (ROE) 8.0%
Return on Assets (ROA) 4.0%

Cash Flow & Balance Sheet

Operating Cash Flow$22M
Free Cash Flow$19M
Total Debt$23M
Debt-to-Equity10.8
Current Ratio2.2
Total Assets$292M

Price & Trading

Last Close$26.27
50-Day MA$25.57
200-Day MA$24.86
Avg Volume402K
Beta0.4
52-Week Range
$18.40
$28.72

About CALAVO GROWERS INC (CVGW)

CEO
Mr. John Pawlowski
Employees
1,969
Sector
Consumer Defensive
Industry
Food Distribution
Country
United States
Exchange
NASDAQ
Market Cap
$472M
Currency
USD

Calavo Growers, Inc. engages in the sourcing, packing, and distribution of fresh avocados, tomatoes, and papayas, as well as the processing of guacamole and other avocado products for retail grocers, club and mass-merchandise stores, foodservice operators, and wholesalers worldwide. It operates through Fresh and Prepared segments. The company provides avocados, tomatoes, and papayas, along with guacamole and avocado pulp. It offers its products under the Calavo brand, as well as the Avo Fresco, Bueno, Calavo Gold, Celebrate the Taste, El Dorado, Taste of Paradise, The First Name in Avocados, The Family of Fresh, ProRipeVIP, and RIPE NOW! trademarks. Calavo Growers, Inc. was founded in 1924 and is headquartered in Santa Paula, California.

Purification Calculator

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Frequently Asked Questions

Is CALAVO GROWERS INC (CVGW) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), CALAVO GROWERS INC is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is CALAVO GROWERS INC's debt ratio?

CALAVO GROWERS INC's debt ratio is 5.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 8.0%.

Does CALAVO GROWERS INC require dividend purification?

Yes, CALAVO GROWERS INC has an impermissible income ratio of 0.50%, which means 0.50% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are CALAVO GROWERS INC's key financial metrics?

CALAVO GROWERS INC has a market capitalization of $472M, trailing P/E ratio of 29.3, and revenue of $648M. The company maintains a gross margin of 10.2% and a net margin of 2.6%. Return on equity stands at 8.0%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.