AVIO SPA (AVIO.MI) Stock Fundamental Analysis
BIT:AVIO - IT0005119810 - Common Stock
35.45 EUR
-1 (-2.74%)
AVIO gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 41 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
In the past year AVIO was profitable.
AVIO had a positive operating cash flow in the past year.
Of the past 5 years AVIO 4 years were profitable.
Each year in the past 5 years AVIO had a positive operating cash flow.
1.2 Ratios
AVIO has a Return On Assets of 0.56%. This is in the lower half of the industry: AVIO underperforms 70.73% of its industry peers.
Looking at the Return On Equity, with a value of 2.01%, AVIO is doing worse than 73.17% of the companies in the same industry.
AVIO's Return On Invested Capital of 1.26% is on the low side compared to the rest of the industry. AVIO is outperformed by 82.93% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AVIO is significantly below the industry average of 9.46%.
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
AVIO has a worse Profit Margin (1.27%) than 63.41% of its industry peers.
In the last couple of years the Profit Margin of AVIO has declined.
The Operating Margin of AVIO (1.27%) is worse than 82.93% of its industry peers.
AVIO's Operating Margin has declined in the last couple of years.
AVIO has a better Gross Margin (71.34%) than 95.12% 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AVIO is destroying value.
The number of shares outstanding for AVIO remains at a similar level compared to 1 year ago.
AVIO has less shares outstanding than it did 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 1.19. This is a bad value and indicates that AVIO is not financially healthy and even has some risk of bankruptcy.
AVIO has a worse Altman-Z score (1.19) than 85.37% of its industry peers.
AVIO has a debt to FCF ratio of 0.46. This is a very positive value and a sign of high solvency as it would only need 0.46 years to pay back of all of its debts.
AVIO has a better Debt to FCF ratio (0.46) than 97.56% 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 | 1.19 |
ROIC/WACC0.16
WACC8.05%
2.3 Liquidity
A Current Ratio of 0.82 indicates that AVIO may have some problems paying 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 92.68% of its industry peers.
AVIO has a Quick 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 has a Quick ratio of 0.18. This is amonst the worse of the industry: AVIO underperforms 95.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.18 |
3. Growth
3.1 Past
AVIO shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -6.18%.
Measured over the past years, AVIO shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -25.27% on average per year.
AVIO shows a strong growth in Revenue. In the last year, the Revenue has grown by 39.78%.
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
AVIO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 33.13% yearly.
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 Y4.67%
EPS Next 2Y32.25%
EPS Next 3Y33.13%
EPS Next 5YN/A
Revenue Next Year29.2%
Revenue Next 2Y21.2%
Revenue Next 3Y16.3%
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
AVIO is valuated quite expensively with a Price/Earnings ratio of 154.13.
75.61% of the companies in the same industry are cheaper than AVIO, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.07, AVIO is valued quite expensively.
AVIO is valuated quite expensively with a Price/Forward Earnings ratio of 88.66.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AVIO indicates a rather expensive valuation: AVIO more expensive than 80.49% of the companies listed in the same industry.
AVIO is valuated expensively when we compare the Price/Forward Earnings ratio to 22.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 154.13 | ||
| Fwd PE | 88.66 |
4.2 Price Multiples
AVIO's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. AVIO is more expensive than 78.05% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as AVIO.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.36 | ||
| EV/EBITDA | 38.22 |
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)32.98
PEG (5Y)N/A
EPS Next 2Y32.25%
EPS Next 3Y33.13%
5. Dividend
5.1 Amount
AVIO has a yearly dividend return of 0.41%, which is pretty low.
AVIO's Dividend Yield is slightly below the industry average, which is at 1.19.
With a Dividend Yield of 0.41, AVIO pays less dividend than the S&P500 average, which is at 2.46.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.41% |
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
AVIO pays out 98.57% of its income as dividend. This is not a sustainable payout ratio.
DP98.57%
EPS Next 2Y32.25%
EPS Next 3Y33.13%
BIT:AVIO (9/10/2025, 5:35:30 PM)
35.45
-1 (-2.74%)
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 Cap962.82M
Analysts80
Price Target28.69 (-19.07%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.41% |
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)39.75%
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 | 154.13 | ||
| Fwd PE | 88.66 | ||
| P/S | 2 | ||
| P/FCF | 38.36 | ||
| P/OCF | 15.98 | ||
| P/B | 3.18 | ||
| P/tB | 8.66 | ||
| EV/EBITDA | 38.22 |
EPS(TTM)0.23
EY0.65%
EPS(NY)0.4
Fwd EY1.13%
FCF(TTM)0.92
FCFY2.61%
OCF(TTM)2.22
OCFY6.26%
SpS17.69
BVpS11.15
TBVpS4.1
PEG (NY)32.98
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 | 1.19 |
F-Score5
WACC8.05%
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 3Y16.3%
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%