AVIO SPA (AVIO.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:AVIO - IT0005119810 - Common Stock
36.7 EUR
+0.8 (+2.23%)
Overall AVIO gets a fundamental rating of 3 out of 10. We evaluated AVIO against 54 industry peers in the Aerospace & Defense industry. While AVIO seems to be doing ok healthwise, 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
In the past year AVIO was profitable.
In the past year AVIO had a positive cash flow from operations.
AVIO had positive earnings in 4 of the past 5 years.
AVIO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of AVIO (0.55%) is worse than 72.92% of its industry peers.
With a Return On Equity value of 1.91%, AVIO is not doing good in the industry: 68.75% of the companies in the same industry are doing better.
With a Return On Invested Capital value of 1.41%, AVIO is not doing good in the industry: 81.25% 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 9.28%.
The 3 year average ROIC (0.66%) for AVIO is below the current ROIC(1.41%), indicating increased profibility in the last year.
| 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 has a worse Profit Margin (1.12%) than 72.92% of its industry peers.
AVIO's Profit Margin has declined in the last couple of years.
AVIO has a Operating Margin of 1.32%. This is amonst the worse of the industry: AVIO underperforms 83.33% of its industry peers.
AVIO's Operating Margin has declined in the last couple of years.
The Gross Margin of AVIO (70.43%) is better than 91.67% of its industry peers.
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
AVIO has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, AVIO has about the same amount of shares outstanding.
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 1.83. This is not the best score and indicates that AVIO is in the grey zone with still only limited risk for bankruptcy at the moment.
AVIO's Altman-Z score of 1.83 is on the low side compared to the rest of the industry. AVIO is outperformed by 72.92% of its industry peers.
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.
AVIO has a Debt to FCF ratio of 0.21. This is amongst the best in the industry. AVIO outperforms 97.92% of its industry peers.
AVIO has a Debt/Equity ratio of 0.03. This is a healthy value indicating a solid balance between debt and equity.
With an excellent Debt to Equity ratio value of 0.03, AVIO belongs to the best of the industry, outperforming 97.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.21 | ||
| Altman-Z | 1.83 |
ROIC/WACC0.17
WACC8.55%
2.3 Liquidity
A Current Ratio of 0.83 indicates that AVIO may have some problems paying its short term obligations.
AVIO has a Current ratio of 0.83. This is amonst the worse of the industry: AVIO underperforms 89.58% 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.
Looking at the Quick ratio, with a value of 0.36, AVIO is doing worse than 93.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.83 | ||
| Quick Ratio | 0.36 |
3. Growth
3.1 Past
The earnings per share for AVIO have decreased strongly by -50.78% in the last year.
AVIO shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -28.46% yearly.
The Revenue has grown by 33.69% in the past year. This is a very strong growth!
Measured over the past years, AVIO shows a small growth in Revenue. The Revenue has been growing by 4.20% on average per year.
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
The Earnings Per Share is expected to decrease by -8.54% on average over the next years.
Based on estimates for the next years, AVIO will show a quite strong growth in Revenue. The Revenue will grow by 13.95% on average per year.
EPS Next Y11.93%
EPS Next 2Y-12.22%
EPS Next 3Y-8.54%
EPS Next 5YN/A
Revenue Next Year33.3%
Revenue Next 2Y22.97%
Revenue Next 3Y19.69%
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.
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 203.89, which means the current valuation is very expensive for AVIO.
Compared to the rest of the industry, the Price/Earnings ratio of AVIO indicates a slightly more expensive valuation: AVIO is more expensive than 70.83% of the companies listed in the same industry.
AVIO is valuated expensively when we compare the Price/Earnings ratio to 27.19, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 155.09, the valuation of AVIO can be described as expensive.
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.
AVIO is valuated expensively when we compare the Price/Forward Earnings ratio to 23.92, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 203.89 | ||
| Fwd PE | 155.09 |
4.2 Price Multiples
79.17% of the companies in the same industry are cheaper than AVIO, based on the Enterprise Value to EBITDA ratio.
79.17% of the companies in the same industry are more expensive than AVIO, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32 | ||
| EV/EBITDA | 63.32 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
AVIO's earnings are expected to decrease with -8.54% in the coming years. This may justify a cheaper valuation.
PEG (NY)17.08
PEG (5Y)N/A
EPS Next 2Y-12.22%
EPS Next 3Y-8.54%
5. Dividend
5.1 Amount
AVIO has a yearly dividend return of 0.41%, which is pretty low.
The stock price of AVIO dropped by -33.51% 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 0.77, AVIO has a dividend in line with its industry peers.
With a Dividend Yield of 0.41, AVIO pays less dividend than the S&P500 average, which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.41% |
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.
AVIO's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP63.08%
EPS Next 2Y-12.22%
EPS Next 3Y-8.54%
BIT:AVIO (1/9/2026, 7:00:00 PM)
36.7
+0.8 (+2.23%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners22.8%
Inst Owner ChangeN/A
Ins Owners1.64%
Ins Owner ChangeN/A
Market Cap1.72B
Revenue(TTM)530.18M
Net Income(TTM)5.95M
Analysts86
Price Target41.94 (14.28%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.41% |
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)0%
PT rev (3m)32.1%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)19.43%
EPS NY rev (3m)-20.33%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.28%
Revenue NY rev (3m)1.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 203.89 | ||
| Fwd PE | 155.09 | ||
| P/S | 3.24 | ||
| P/FCF | 32 | ||
| P/OCF | 18.63 | ||
| P/B | 5.53 | ||
| P/tB | 14.35 | ||
| EV/EBITDA | 63.32 |
EPS(TTM)0.18
EY0.49%
EPS(NY)0.24
Fwd EY0.64%
FCF(TTM)1.15
FCFY3.12%
OCF(TTM)1.97
OCFY5.37%
SpS11.33
BVpS6.64
TBVpS2.56
PEG (NY)17.08
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 | 1.83 |
F-Score4
WACC8.55%
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 Y11.93%
EPS Next 2Y-12.22%
EPS Next 3Y-8.54%
EPS Next 5YN/A
Revenue 1Y (TTM)33.69%
Revenue growth 3Y14.49%
Revenue growth 5Y4.2%
Sales Q2Q%23.63%
Revenue Next Year33.3%
Revenue Next 2Y22.97%
Revenue Next 3Y19.69%
Revenue Next 5Y13.95%
EBIT growth 1Y-9.29%
EBIT growth 3Y1.51%
EBIT growth 5Y-23.36%
EBIT Next Year276.77%
EBIT Next 3Y65.1%
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
What is the ChartMill fundamental rating of AVIO SPA (AVIO.MI) stock?
ChartMill assigns a fundamental rating of 3 / 10 to AVIO.MI.
What is the valuation status of AVIO SPA (AVIO.MI) stock?
ChartMill assigns a valuation rating of 1 / 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.
How financially healthy is AVIO SPA?
The financial health rating of AVIO SPA (AVIO.MI) is 4 / 10.
What is the expected EPS growth for AVIO SPA (AVIO.MI) stock?
The Earnings per Share (EPS) of AVIO SPA (AVIO.MI) is expected to grow by 11.93% in the next year.