AVIO SPA (AVIO.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:AVIO - IT0005119810 - Common Stock
25.8 EUR
+1.7 (+7.05%)
Taking everything into account, AVIO scores 3 out of 10 in our fundamental rating. AVIO was compared to 48 industry peers in the Aerospace & Defense industry. The financial health of AVIO is average, but there are quite some concerns on its profitability. AVIO is valied quite expensively at the moment, while 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.
Each year in the past 5 years AVIO had a positive operating cash flow.
1.2 Ratios
AVIO has a Return On Assets of 0.55%. This is in the lower half of the industry: AVIO underperforms 75.00% of its industry peers.
AVIO has a Return On Equity of 1.91%. This is in the lower half of the industry: AVIO underperforms 75.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 1.41%, AVIO is doing worse than 83.33% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for AVIO is significantly below the industry average of 9.50%.
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
AVIO's Profit Margin of 1.12% is on the low side compared to the rest of the industry. AVIO is outperformed by 75.00% of its industry peers.
AVIO's Profit Margin has declined in the last couple of years.
The Operating Margin of AVIO (1.32%) is worse than 85.42% of its industry peers.
AVIO's Operating Margin has declined in the last couple of years.
AVIO has a Gross Margin of 70.43%. This is amongst the best in the industry. AVIO outperforms 89.58% of its industry peers.
AVIO's Gross Margin has been stable in the last couple of years.
| 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
AVIO has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for AVIO remains at a similar level compared to 1 year ago.
The number of shares outstanding for AVIO has been increased compared to 5 years ago.
The debt/assets ratio for AVIO has been reduced compared to a year ago.
2.2 Solvency
AVIO has an Altman-Z score of 1.37. This is a bad value and indicates that AVIO is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.37, AVIO is not doing good in the industry: 83.33% of the companies in the same industry are doing better.
AVIO has a debt to FCF ratio of 0.21. This is a very positive value and a sign of high solvency as it would only need 0.21 years to pay back of 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 97.92% of the companies in the same industry.
AVIO has a Debt/Equity ratio of 0.03. This is a healthy value indicating a solid balance between debt and equity.
AVIO has a Debt to Equity ratio of 0.03. This is amongst the best in the industry. AVIO outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.21 | ||
| Altman-Z | 1.37 |
ROIC/WACC0.18
WACC8%
2.3 Liquidity
AVIO has a Current 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's Current ratio of 0.83 is on the low side compared to the rest of the industry. AVIO is outperformed by 91.67% 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.
The Quick ratio of AVIO (0.36) is worse than 95.83% 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%.
The earnings per share for AVIO have been decreasing by -28.46% on average. This is quite bad
AVIO shows a strong growth in Revenue. In the last year, the Revenue has grown by 33.69%.
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.
AVIO is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.95% yearly.
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
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
AVIO is valuated quite expensively with a Price/Earnings ratio of 143.33.
Based on the Price/Earnings ratio, AVIO is valued a bit more expensive than the industry average as 75.00% of the companies are valued more cheaply.
AVIO's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.37.
With a Price/Forward Earnings ratio of 117.65, AVIO can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AVIO indicates a rather expensive valuation: AVIO more expensive than 85.42% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.20, AVIO is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 143.33 | ||
| Fwd PE | 117.65 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AVIO is valued more expensive than 81.25% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, AVIO is valued cheaply inside the industry as 81.25% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.5 | ||
| EV/EBITDA | 40.58 |
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 0.59%, AVIO is not a good candidate for dividend investing.
The stock price of AVIO dropped by -33.97% 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.
AVIO's Dividend Yield is comparable with the industry average which is at 1.21.
Compared to an average S&P500 Dividend Yield of 2.32, AVIO's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.59% |
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
AVIO pays out 63.08% of its income as dividend. This is not a sustainable payout ratio.
AVIO's earnings and Dividend Rate are 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 (12/4/2025, 5:35:15 PM)
25.8
+1.7 (+7.05%)
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 Cap1.21B
Revenue(TTM)530.18M
Net Income(TTM)5.95M
Analysts77.78
Price Target42.51 (64.77%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.59% |
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)55.08%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-17.02%
EPS NY rev (3m)-10.46%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)1.88%
Revenue NY rev (3m)3.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 143.33 | ||
| Fwd PE | 117.65 | ||
| P/S | 2.28 | ||
| P/FCF | 22.5 | ||
| P/OCF | 13.1 | ||
| P/B | 3.89 | ||
| P/tB | 10.09 | ||
| EV/EBITDA | 40.58 |
EPS(TTM)0.18
EY0.7%
EPS(NY)0.22
Fwd EY0.85%
FCF(TTM)1.15
FCFY4.44%
OCF(TTM)1.97
OCFY7.64%
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 | 1.37 |
F-Score4
WACC8%
ROIC/WACC0.18
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 143.33 and the Price/Book (PB) ratio is 3.89.
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%.