AVIO SPA (AVIO.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:AVIO - IT0005119810 - Common Stock
26.2 EUR
-2 (-7.09%)
Overall AVIO gets a fundamental rating of 3 out of 10. We evaluated AVIO against 48 industry peers in the Aerospace & Defense industry. The financial health of AVIO is average, but there are quite some concerns on its profitability. While showing a medium growth rate, AVIO is valued expensive at the moment.
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 0.55%. This is in the lower half of the industry: AVIO underperforms 73.33% of its industry peers.
AVIO has a Return On Equity of 1.91%. This is in the lower half of the industry: AVIO underperforms 73.33% of its industry peers.
AVIO's Return On Invested Capital of 1.41% is on the low side compared to the rest of the industry. AVIO is outperformed by 82.22% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AVIO is significantly below the industry average of 9.32%.
The last Return On Invested Capital (1.41%) for AVIO is above the 3 year average (0.66%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.55% | ||
| ROE | 1.91% | ||
| ROIC | 1.41% |
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
Looking at the Profit Margin, with a value of 1.12%, AVIO is doing worse than 73.33% of the companies in the same industry.
AVIO's Profit Margin has declined in the last couple of years.
AVIO has a worse Operating Margin (1.32%) than 84.44% of its industry peers.
In the last couple of years the Operating Margin of AVIO has declined.
Looking at the Gross Margin, with a value of 70.43%, AVIO belongs to the top of the industry, outperforming 88.89% of the companies in the same industry.
In the last couple of years the Gross Margin of AVIO has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.32% | ||
| PM (TTM) | 1.12% | ||
| GM | 70.43% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AVIO is destroying value.
AVIO has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for AVIO has been increased compared to 5 years ago.
Compared to 1 year ago, AVIO has an improved debt to assets ratio.
2.2 Solvency
AVIO has an Altman-Z score of 1.45. 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 1.45 is on the low side compared to the rest of the industry. AVIO is outperformed by 80.00% of its industry peers.
The Debt to FCF ratio of AVIO is 0.21, which is an excellent value as it means it would take AVIO, only 0.21 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.21, AVIO belongs to the top of the industry, outperforming 97.78% of the companies in the same industry.
A Debt/Equity ratio of 0.03 indicates that AVIO is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.03, AVIO belongs to the top of the industry, outperforming 97.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.21 | ||
| Altman-Z | 1.45 |
ROIC/WACC0.17
WACC8.07%
2.3 Liquidity
A Current Ratio of 0.83 indicates that AVIO may have some problems paying its short term obligations.
The Current ratio of AVIO (0.83) is worse than 91.11% of its industry peers.
AVIO has a Quick Ratio of 0.83. 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 has a Quick ratio of 0.36. This is amonst the worse of the industry: AVIO underperforms 95.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.83 | ||
| Quick Ratio | 0.36 |
3. Growth
3.1 Past
AVIO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -50.78%.
Measured over the past years, AVIO shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -28.46% on average per year.
The Revenue has grown by 33.69% 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)-50.78%
EPS 3Y-16.74%
EPS 5Y-28.46%
EPS Q2Q%-3.73%
Revenue 1Y (TTM)33.69%
Revenue growth 3Y14.49%
Revenue growth 5Y4.2%
Sales Q2Q%23.63%
3.2 Future
Based on estimates for the next years, AVIO will show a very negative growth in Earnings Per Share. The EPS will decrease by -17.41% on average per year.
The Revenue is expected to grow by 13.95% on average over the next years. This is quite good.
EPS Next Y-6.28%
EPS Next 2Y-24.23%
EPS Next 3Y-17.41%
EPS Next 5YN/A
Revenue Next Year33.38%
Revenue Next 2Y23.65%
Revenue Next 3Y19.57%
Revenue Next 5Y13.95%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 145.56, AVIO can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of AVIO indicates a slightly more expensive valuation: AVIO is more expensive than 73.33% of the companies listed in the same industry.
AVIO's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 25.47.
AVIO is valuated quite expensively with a Price/Forward Earnings ratio of 119.47.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AVIO indicates a rather expensive valuation: AVIO more expensive than 84.44% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of AVIO to the average of the S&P500 Index (34.42), we can say AVIO is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 145.56 | ||
| Fwd PE | 119.47 |
4.2 Price Multiples
80.00% of the companies in the same industry are cheaper than AVIO, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, AVIO is valued a bit cheaper than the industry average as 77.78% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.85 | ||
| EV/EBITDA | 44.37 |
4.3 Compensation for Growth
A cheap valuation may be justified as AVIO's earnings are expected to decrease with -17.41% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-24.23%
EPS Next 3Y-17.41%
5. Dividend
5.1 Amount
With a yearly dividend of 0.53%, AVIO is not a good candidate for dividend investing.
The stock price of AVIO dropped by -20.73% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 1.19, AVIO has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.41, AVIO's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.53% |
5.2 History
The dividend of AVIO decreases each year by -12.86%.
Dividend Growth(5Y)-12.86%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
63.08% of the earnings are spent on dividend by AVIO. This is not a sustainable payout ratio.
The Dividend Rate of AVIO has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP63.08%
EPS Next 2Y-24.23%
EPS Next 3Y-17.41%
BIT:AVIO (11/21/2025, 7:00:00 PM)
26.2
-2 (-7.09%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners23.69%
Inst Owner ChangeN/A
Ins Owners2.82%
Ins Owner ChangeN/A
Market Cap1.23B
Revenue(TTM)530.18M
Net Income(TTM)5.95M
Analysts77.78
Price Target42.51 (62.25%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.53% |
Yearly Dividend0.19
Dividend Growth(5Y)-12.86%
DP63.08%
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)33.9%
PT rev (3m)80.22%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-17.02%
EPS NY rev (3m)-9.54%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)1.88%
Revenue NY rev (3m)6.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 145.56 | ||
| Fwd PE | 119.47 | ||
| P/S | 2.31 | ||
| P/FCF | 22.85 | ||
| P/OCF | 13.3 | ||
| P/B | 3.95 | ||
| P/tB | 10.25 | ||
| EV/EBITDA | 44.37 |
EPS(TTM)0.18
EY0.69%
EPS(NY)0.22
Fwd EY0.84%
FCF(TTM)1.15
FCFY4.38%
OCF(TTM)1.97
OCFY7.52%
SpS11.33
BVpS6.64
TBVpS2.56
PEG (NY)N/A
PEG (5Y)N/A
Graham Number5.18
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.55% | ||
| ROE | 1.91% | ||
| ROCE | 1.88% | ||
| ROIC | 1.41% | ||
| ROICexc | 1.84% | ||
| ROICexgc | 5.58% | ||
| OM | 1.32% | ||
| PM (TTM) | 1.12% | ||
| GM | 70.43% | ||
| FCFM | 10.12% |
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%
ROICexgc growth 3Y42.71%
ROICexgc 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-Score4
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.21 | ||
| Debt/EBITDA | 0.32 | ||
| Cap/Depr | 203.37% | ||
| Cap/Sales | 7.27% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 355.48% | ||
| Profit Quality | 902.51% | ||
| Current Ratio | 0.83 | ||
| Quick Ratio | 0.36 | ||
| Altman-Z | 1.45 |
F-Score4
WACC8.07%
ROIC/WACC0.17
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)-50.78%
EPS 3Y-16.74%
EPS 5Y-28.46%
EPS Q2Q%-3.73%
EPS Next Y-6.28%
EPS Next 2Y-24.23%
EPS Next 3Y-17.41%
EPS Next 5YN/A
Revenue 1Y (TTM)33.69%
Revenue growth 3Y14.49%
Revenue growth 5Y4.2%
Sales Q2Q%23.63%
Revenue Next Year33.38%
Revenue Next 2Y23.65%
Revenue Next 3Y19.57%
Revenue Next 5Y13.95%
EBIT growth 1Y-9.29%
EBIT growth 3Y1.51%
EBIT growth 5Y-23.36%
EBIT Next Year280.32%
EBIT Next 3Y82.8%
EBIT Next 5Y49.89%
FCF growth 1Y-22.18%
FCF growth 3Y49.31%
FCF growth 5Y-6.88%
OCF growth 1Y-10.84%
OCF growth 3Y13.46%
OCF growth 5Y-1.69%
AVIO SPA / AVIO.MI FAQ
Can you provide the ChartMill fundamental rating for AVIO SPA?
ChartMill assigns a fundamental rating of 3 / 10 to AVIO.MI.
Can you provide the valuation status for AVIO SPA?
ChartMill assigns a valuation rating of 2 / 10 to AVIO SPA (AVIO.MI). This can be considered as Overvalued.
How profitable is AVIO SPA (AVIO.MI) stock?
AVIO SPA (AVIO.MI) has a profitability rating of 3 / 10.
Can you provide the PE and PB ratios for AVIO stock?
The Price/Earnings (PE) ratio for AVIO SPA (AVIO.MI) is 145.56 and the Price/Book (PB) ratio is 3.95.
Can you provide the dividend sustainability for AVIO stock?
The dividend rating of AVIO SPA (AVIO.MI) is 1 / 10 and the dividend payout ratio is 63.08%.