LEONARDO SPA (LDO.MI) Stock Fundamental Analysis
Europe - BIT:LDO - IT0003856405 - Common Stock
50.52 EUR
+0.89 (+1.79%)
Overall LDO gets a fundamental rating of 5 out of 10. We evaluated LDO against 46 industry peers in the Aerospace & Defense industry. LDO has a medium profitability rating, but doesn't score so well on its financial health evaluation. LDO has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
LDO had positive earnings in the past year.
In the past 5 years LDO has always been profitable.
LDO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 4.83%, LDO is doing good in the industry, outperforming 65.22% of the companies in the same industry.
With a decent Return On Equity value of 17.55%, LDO is doing good in the industry, outperforming 60.87% of the companies in the same industry.
The Return On Invested Capital of LDO (11.56%) is better than 73.91% of its industry peers.
LDO had an Average Return On Invested Capital over the past 3 years of 6.61%. This is below the industry average of 9.55%.
The last Return On Invested Capital (11.56%) for LDO is above the 3 year average (6.61%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.83% | ||
| ROE | 17.55% | ||
| ROIC | 11.56% |
ROA(3y)2.86%
ROA(5y)2.31%
ROE(3y)11.1%
ROE(5y)9.4%
ROIC(3y)6.61%
ROIC(5y)6.35%
1.3 Margins
With a Profit Margin value of 5.86%, LDO perfoms like the industry average, outperforming 52.17% of the companies in the same industry.
LDO's Profit Margin has been stable in the last couple of years.
The Operating Margin of LDO (7.54%) is worse than 60.87% of its industry peers.
In the last couple of years the Operating Margin of LDO has remained more or less at the same level.
Looking at the Gross Margin, with a value of 30.33%, LDO is in line with its industry, outperforming 47.83% of the companies in the same industry.
In the last couple of years the Gross Margin of LDO has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.54% | ||
| PM (TTM) | 5.86% | ||
| GM | 30.33% |
OM growth 3Y4.63%
OM growth 5Y-1.19%
PM growth 3Y13.4%
PM growth 5Y0.3%
GM growth 3Y1.05%
GM growth 5Y-0.43%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so LDO is still creating some value.
Compared to 1 year ago, LDO has about the same amount of shares outstanding.
Compared to 5 years ago, LDO has more shares outstanding
The debt/assets ratio for LDO has been reduced compared to a year ago.
2.2 Solvency
LDO has an Altman-Z score of 2.03. This is not the best score and indicates that LDO is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of LDO (2.03) is worse than 65.22% of its industry peers.
A Debt/Equity ratio of 0.22 indicates that LDO is not too dependend on debt financing.
LDO has a better Debt to Equity ratio (0.22) than 86.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.03 |
ROIC/WACC1.44
WACC8.02%
2.3 Liquidity
A Current Ratio of 0.97 indicates that LDO may have some problems paying its short term obligations.
LDO's Current ratio of 0.97 is on the low side compared to the rest of the industry. LDO is outperformed by 82.61% of its industry peers.
A Quick Ratio of 0.59 indicates that LDO may have some problems paying its short term obligations.
LDO has a Quick ratio of 0.59. This is in the lower half of the industry: LDO underperforms 71.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.59 |
3. Growth
3.1 Past
LDO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 32.76%, which is quite impressive.
LDO shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -4.48% yearly.
Looking at the last year, LDO shows a quite strong growth in Revenue. The Revenue has grown by 15.05% in the last year.
Measured over the past years, LDO shows a small growth in Revenue. The Revenue has been growing by 5.20% on average per year.
EPS 1Y (TTM)32.76%
EPS 3Y9.76%
EPS 5Y-4.48%
EPS Q2Q%97.08%
Revenue 1Y (TTM)15.05%
Revenue growth 3Y7.91%
Revenue growth 5Y5.2%
Sales Q2Q%10.16%
3.2 Future
LDO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.32% yearly.
LDO is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.16% yearly.
EPS Next Y41.07%
EPS Next 2Y28.91%
EPS Next 3Y25.06%
EPS Next 5Y23.32%
Revenue Next Year8.8%
Revenue Next 2Y8.55%
Revenue Next 3Y8.06%
Revenue Next 5Y9.16%
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 34.60, which means the current valuation is very expensive for LDO.
Based on the Price/Earnings ratio, LDO is valued a bit cheaper than the industry average as 78.26% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 25.83, LDO is valued a bit more expensive.
LDO is valuated rather expensively with a Price/Forward Earnings ratio of 23.46.
Based on the Price/Forward Earnings ratio, LDO is valued a bit cheaper than the industry average as 73.91% of the companies are valued more expensively.
LDO is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 32.68, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.6 | ||
| Fwd PE | 23.46 |
4.2 Price Multiples
91.30% of the companies in the same industry are more expensive than LDO, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 11.08 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
LDO's earnings are expected to grow with 25.06% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.84
PEG (5Y)N/A
EPS Next 2Y28.91%
EPS Next 3Y25.06%
5. Dividend
5.1 Amount
LDO has a Yearly Dividend Yield of 1.03%.
LDO's Dividend Yield is a higher than the industry average which is at 1.07.
Compared to an average S&P500 Dividend Yield of 2.39, LDO's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.03% |
5.2 History
On average, the dividend of LDO grows each year by 16.88%, which is quite nice.
Dividend Growth(5Y)16.88%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
0.13% of the earnings are spent on dividend by LDO. This is a low number and sustainable payout ratio.
The dividend of LDO is growing, but earnings are growing more, so the dividend growth is sustainable.
DP0.13%
EPS Next 2Y28.91%
EPS Next 3Y25.06%
BIT:LDO (11/7/2025, 7:00:00 PM)
50.52
+0.89 (+1.79%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners24.11%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap29.21B
Revenue(TTM)26.95B
Net Income(TTM)1.58B
Analysts79.09
Price Target56.39 (11.62%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.03% |
Yearly Dividend0.31
Dividend Growth(5Y)16.88%
DP0.13%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)21.96%
Min EPS beat(2)17.25%
Max EPS beat(2)26.68%
EPS beat(4)4
Avg EPS beat(4)134.51%
Min EPS beat(4)1.01%
Max EPS beat(4)493.08%
EPS beat(8)5
Avg EPS beat(8)66.23%
EPS beat(12)7
Avg EPS beat(12)89.02%
EPS beat(16)10
Avg EPS beat(16)75.47%
Revenue beat(2)1
Avg Revenue beat(2)-6.11%
Min Revenue beat(2)-15.16%
Max Revenue beat(2)2.94%
Revenue beat(4)3
Avg Revenue beat(4)-1.19%
Min Revenue beat(4)-15.16%
Max Revenue beat(4)7.38%
Revenue beat(8)5
Avg Revenue beat(8)0.77%
Revenue beat(12)8
Avg Revenue beat(12)22.47%
Revenue beat(16)11
Avg Revenue beat(16)25.93%
PT rev (1m)1.21%
PT rev (3m)3.01%
EPS NQ rev (1m)369.42%
EPS NQ rev (3m)-2.29%
EPS NY rev (1m)0%
EPS NY rev (3m)3.31%
Revenue NQ rev (1m)12.71%
Revenue NQ rev (3m)0.02%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.6 | ||
| Fwd PE | 23.46 | ||
| P/S | 1.08 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 3.25 | ||
| P/tB | 59.13 | ||
| EV/EBITDA | 11.08 |
EPS(TTM)1.46
EY2.89%
EPS(NY)2.15
Fwd EY4.26%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS46.61
BVpS15.57
TBVpS0.85
PEG (NY)0.84
PEG (5Y)N/A
Graham Number22.61
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.83% | ||
| ROE | 17.55% | ||
| ROCE | 14.06% | ||
| ROIC | 11.56% | ||
| ROICexc | 13.21% | ||
| ROICexgc | 40.38% | ||
| OM | 7.54% | ||
| PM (TTM) | 5.86% | ||
| GM | 30.33% | ||
| FCFM | N/A |
ROA(3y)2.86%
ROA(5y)2.31%
ROE(3y)11.1%
ROE(5y)9.4%
ROIC(3y)6.61%
ROIC(5y)6.35%
ROICexc(3y)7.82%
ROICexc(5y)7.66%
ROICexgc(3y)23.66%
ROICexgc(5y)24.69%
ROCE(3y)8.05%
ROCE(5y)7.73%
ROICexgc growth 3Y7.63%
ROICexgc growth 5Y-1.46%
ROICexc growth 3Y6%
ROICexc growth 5Y-1.29%
OM growth 3Y4.63%
OM growth 5Y-1.19%
PM growth 3Y13.4%
PM growth 5Y0.3%
GM growth 3Y1.05%
GM growth 5Y-0.43%
F-ScoreN/A
Asset Turnover0.82
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.7 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.59 | ||
| Altman-Z | 2.03 |
F-ScoreN/A
WACC8.02%
ROIC/WACC1.44
Cap/Depr(3y)119.32%
Cap/Depr(5y)102.84%
Cap/Sales(3y)5.11%
Cap/Sales(5y)4.4%
Profit Quality(3y)54.54%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)32.76%
EPS 3Y9.76%
EPS 5Y-4.48%
EPS Q2Q%97.08%
EPS Next Y41.07%
EPS Next 2Y28.91%
EPS Next 3Y25.06%
EPS Next 5Y23.32%
Revenue 1Y (TTM)15.05%
Revenue growth 3Y7.91%
Revenue growth 5Y5.2%
Sales Q2Q%10.16%
Revenue Next Year8.8%
Revenue Next 2Y8.55%
Revenue Next 3Y8.06%
Revenue Next 5Y9.16%
EBIT growth 1Y42.8%
EBIT growth 3Y12.91%
EBIT growth 5Y3.95%
EBIT Next Year72.46%
EBIT Next 3Y29.29%
EBIT Next 5Y25.39%
FCF growth 1Y59.9%
FCF growth 3Y71.98%
FCF growth 5Y70.37%
OCF growth 1Y29.93%
OCF growth 3Y27.59%
OCF growth 5Y19.25%
LEONARDO SPA / LDO.MI FAQ
What is the fundamental rating for LDO stock?
ChartMill assigns a fundamental rating of 5 / 10 to LDO.MI.
What is the valuation status of LEONARDO SPA (LDO.MI) stock?
ChartMill assigns a valuation rating of 4 / 10 to LEONARDO SPA (LDO.MI). This can be considered as Fairly Valued.
What is the profitability of LDO stock?
LEONARDO SPA (LDO.MI) has a profitability rating of 5 / 10.
What is the financial health of LEONARDO SPA (LDO.MI) stock?
The financial health rating of LEONARDO SPA (LDO.MI) is 3 / 10.
Can you provide the dividend sustainability for LDO stock?
The dividend rating of LEONARDO SPA (LDO.MI) is 6 / 10 and the dividend payout ratio is 0.13%.