AVIO SPA (AVIO.MI) Stock Fundamental Analysis
Europe - BIT:AVIO - IT0005119810 - Common Stock
41.75 EUR
+0.15 (+0.36%)
Taking everything into account, AVIO scores 4 out of 10 in our fundamental rating. AVIO was compared to 46 industry peers in the Aerospace & Defense industry. While AVIO seems to be doing ok healthwise, there are quite some concerns on its profitability. AVIO is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
AVIO had positive earnings in the past year.
AVIO had a positive operating cash flow in the past year.
AVIO had positive earnings in 4 of the past 5 years.
In the past 5 years AVIO always reported a positive cash flow from operatings.
1.2 Ratios
AVIO has a Return On Assets of 0.56%. This is in the lower half of the industry: AVIO underperforms 71.74% of its industry peers.
The Return On Equity of AVIO (2.01%) is worse than 71.74% of its industry peers.
With a Return On Invested Capital value of 1.26%, AVIO is not doing good in the industry: 80.43% of the companies in the same industry are doing better.
AVIO had an Average Return On Invested Capital over the past 3 years of 0.66%. This is significantly below the industry average of 9.09%.
The last Return On Invested Capital (1.26%) for AVIO is above the 3 year average (0.66%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.56% | ||
| ROE | 2.01% | ||
| ROIC | 1.26% |
ROA(3y)0.38%
ROA(5y)0.62%
ROE(3y)1.34%
ROE(5y)2.3%
ROIC(3y)0.66%
ROIC(5y)0.97%
1.3 Margins
With a Profit Margin value of 1.27%, AVIO is not doing good in the industry: 63.04% of the companies in the same industry are doing better.
AVIO's Profit Margin has declined in the last couple of years.
AVIO's Operating Margin of 1.27% is on the low side compared to the rest of the industry. AVIO is outperformed by 82.61% of its industry peers.
AVIO's Operating Margin has declined in the last couple of years.
AVIO's Gross Margin of 71.34% is amongst the best of the industry. AVIO outperforms 95.65% of its industry peers.
AVIO's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.27% | ||
| PM (TTM) | 1.27% | ||
| GM | 71.34% |
OM growth 3Y-11.34%
OM growth 5Y-26.45%
PM growth 3Y-21.8%
PM growth 5Y-28.33%
GM growth 3Y-3.07%
GM growth 5Y-0.75%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AVIO is destroying value.
AVIO has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, AVIO has less shares outstanding
AVIO has a better debt/assets ratio than last year.
2.2 Solvency
AVIO has an Altman-Z score of 1.30. This is a bad value and indicates that AVIO is not financially healthy and even has some risk of bankruptcy.
AVIO's Altman-Z score of 1.30 is on the low side compared to the rest of the industry. AVIO is outperformed by 82.61% of its industry peers.
The Debt to FCF ratio of AVIO is 0.46, which is an excellent value as it means it would take AVIO, only 0.46 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of AVIO (0.46) is better than 97.83% of its industry peers.
AVIO has a Debt/Equity ratio of 0.02. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of AVIO (0.02) is better than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.46 | ||
| Altman-Z | 1.3 |
ROIC/WACC0.16
WACC8.06%
2.3 Liquidity
AVIO has a Current Ratio of 0.82. This is a bad value and indicates that AVIO is not financially healthy enough and could expect problems in meeting its short term obligations.
AVIO's Current ratio of 0.82 is on the low side compared to the rest of the industry. AVIO is outperformed by 93.48% of its industry peers.
A Quick Ratio of 0.18 indicates that AVIO may have some problems paying its short term obligations.
AVIO has a Quick ratio of 0.18. This is amonst the worse of the industry: AVIO underperforms 95.65% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.18 |
3. Growth
3.1 Past
The earnings per share for AVIO have decreased by -6.18% in the last year.
The earnings per share for AVIO have been decreasing by -25.27% on average. This is quite bad
The Revenue has grown by 39.78% in the past year. This is a very strong growth!
The Revenue has been growing slightly by 4.20% on average over the past years.
EPS 1Y (TTM)-6.18%
EPS 3Y-10.47%
EPS 5Y-25.27%
EPS Q2Q%-35.96%
Revenue 1Y (TTM)39.78%
Revenue growth 3Y14.49%
Revenue growth 5Y4.2%
Sales Q2Q%45.08%
3.2 Future
The Earnings Per Share is expected to grow by 33.13% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 13.95% on average over the next years. This is quite good.
EPS Next Y4.67%
EPS Next 2Y32.25%
EPS Next 3Y33.13%
EPS Next 5YN/A
Revenue Next Year29.2%
Revenue Next 2Y21.2%
Revenue Next 3Y17.91%
Revenue Next 5Y13.95%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 181.52, which means the current valuation is very expensive for AVIO.
AVIO's Price/Earnings ratio is a bit more expensive when compared to the industry. AVIO is more expensive than 76.09% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.41, AVIO is valued quite expensively.
A Price/Forward Earnings ratio of 104.42 indicates a quite expensive valuation of AVIO.
82.61% of the companies in the same industry are cheaper than AVIO, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of AVIO to the average of the S&P500 Index (22.88), we can say AVIO is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 181.52 | ||
| Fwd PE | 104.42 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AVIO indicates a slightly more expensive valuation: AVIO is more expensive than 73.91% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, AVIO is valued a bit cheaper than 60.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 45.17 | ||
| EV/EBITDA | 44.16 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates AVIO does not grow enough to justify the current Price/Earnings ratio.
AVIO's earnings are expected to grow with 33.13% in the coming years. This may justify a more expensive valuation.
PEG (NY)38.85
PEG (5Y)N/A
EPS Next 2Y32.25%
EPS Next 3Y33.13%
5. Dividend
5.1 Amount
AVIO has a yearly dividend return of 0.42%, which is pretty low.
AVIO's Dividend Yield is comparable with the industry average which is at 1.16.
Compared to an average S&P500 Dividend Yield of 2.38, AVIO's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.42% |
5.2 History
The dividend of AVIO decreases each year by -8.97%.
Dividend Growth(5Y)-8.97%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
98.57% of the earnings are spent on dividend by AVIO. This is not a sustainable payout ratio.
DP98.57%
EPS Next 2Y32.25%
EPS Next 3Y33.13%
BIT:AVIO (9/19/2025, 10:02:37 AM)
41.75
+0.15 (+0.36%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners22.32%
Inst Owner ChangeN/A
Ins Owners5.05%
Ins Owner ChangeN/A
Market Cap1.13B
Analysts80
Price Target28.69 (-31.28%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.42% |
Yearly Dividend0.24
Dividend Growth(5Y)-8.97%
DP98.57%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)21.62%
PT rev (3m)44.97%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)1.03%
EPS NY rev (3m)1.03%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)2.7%
Revenue NY rev (3m)4.8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 181.52 | ||
| Fwd PE | 104.42 | ||
| P/S | 2.36 | ||
| P/FCF | 45.17 | ||
| P/OCF | 18.82 | ||
| P/B | 3.74 | ||
| P/tB | 10.19 | ||
| EV/EBITDA | 44.16 |
EPS(TTM)0.23
EY0.55%
EPS(NY)0.4
Fwd EY0.96%
FCF(TTM)0.92
FCFY2.21%
OCF(TTM)2.22
OCFY5.31%
SpS17.69
BVpS11.15
TBVpS4.1
PEG (NY)38.85
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.56% | ||
| ROE | 2.01% | ||
| ROCE | 1.68% | ||
| ROIC | 1.26% | ||
| ROICexc | 1.74% | ||
| ROICexgc | 6.45% | ||
| OM | 1.27% | ||
| PM (TTM) | 1.27% | ||
| GM | 71.34% | ||
| FCFM | 5.23% |
ROA(3y)0.38%
ROA(5y)0.62%
ROE(3y)1.34%
ROE(5y)2.3%
ROIC(3y)0.66%
ROIC(5y)0.97%
ROICexc(3y)0.91%
ROICexc(5y)1.29%
ROICexgc(3y)2.89%
ROICexgc(5y)3.17%
ROCE(3y)0.89%
ROCE(5y)1.32%
ROICexcg growth 3Y42.71%
ROICexcg growth 5Y-4.13%
ROICexc growth 3Y15.59%
ROICexc growth 5Y-16.6%
OM growth 3Y-11.34%
OM growth 5Y-26.45%
PM growth 3Y-21.8%
PM growth 5Y-28.33%
GM growth 3Y-3.07%
GM growth 5Y-0.75%
F-Score5
Asset Turnover0.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.46 | ||
| Debt/EBITDA | 0.28 | ||
| Cap/Depr | 201.66% | ||
| Cap/Sales | 7.32% | ||
| Interest Coverage | 14.17 | ||
| Cash Conversion | 255.95% | ||
| Profit Quality | 412.38% | ||
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.18 | ||
| Altman-Z | 1.3 |
F-Score5
WACC8.06%
ROIC/WACC0.16
Cap/Depr(3y)202.98%
Cap/Depr(5y)189.55%
Cap/Sales(3y)8.88%
Cap/Sales(5y)9.4%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-6.18%
EPS 3Y-10.47%
EPS 5Y-25.27%
EPS Q2Q%-35.96%
EPS Next Y4.67%
EPS Next 2Y32.25%
EPS Next 3Y33.13%
EPS Next 5YN/A
Revenue 1Y (TTM)39.78%
Revenue growth 3Y14.49%
Revenue growth 5Y4.2%
Sales Q2Q%45.08%
Revenue Next Year29.2%
Revenue Next 2Y21.2%
Revenue Next 3Y17.91%
Revenue Next 5Y13.95%
EBIT growth 1Y121.58%
EBIT growth 3Y1.51%
EBIT growth 5Y-23.36%
EBIT Next Year236.51%
EBIT Next 3Y75%
EBIT Next 5Y49.89%
FCF growth 1Y309.03%
FCF growth 3Y49.31%
FCF growth 5Y-6.88%
OCF growth 1Y41.86%
OCF growth 3Y13.46%
OCF growth 5Y-1.69%