AVIO SPA (AVIO.MI) Stock Fundamental Analysis
BIT:AVIO - Euronext Milan - IT0005119810 - Common Stock - Currency: EUR
Taking everything into account, AVIO scores 4 out of 10 in our fundamental rating. AVIO was compared to 45 industry peers in the Aerospace & Defense industry. AVIO scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. AVIO is quite expensive at the moment. It does show a decent growth rate.
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.
Of the past 5 years AVIO 4 years were profitable.
In the past 5 years AVIO always reported a positive cash flow from operatings.
1.2 Ratios
AVIO's Return On Assets of 0.56% is on the low side compared to the rest of the industry. AVIO is outperformed by 71.11% of its industry peers.
AVIO has a Return On Equity of 2.01%. This is in the lower half of the industry: AVIO underperforms 66.67% of its industry peers.
Looking at the Return On Invested Capital, with a value of 1.26%, AVIO is doing worse than 82.22% 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 8.98%.
The 3 year average ROIC (0.66%) for AVIO is below the current ROIC(1.26%), indicating increased profibility in the last year.
| 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's Profit Margin of 1.27% is on the low side compared to the rest of the industry. AVIO is outperformed by 71.11% of its industry peers.
AVIO's Profit Margin has declined in the last couple of years.
AVIO has a Operating Margin of 1.27%. This is amonst the worse of the industry: AVIO underperforms 82.22% of its industry peers.
In the last couple of years the Operating Margin of AVIO has declined.
AVIO's Gross Margin of 71.34% is amongst the best of the industry. AVIO outperforms 95.56% 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.
Compared to 1 year ago, AVIO has about the same amount of shares outstanding.
Compared to 5 years ago, AVIO has less shares outstanding
AVIO has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.94, we must say that AVIO is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.94, AVIO is not doing good in the industry: 86.67% of the companies in the same industry are doing better.
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's Debt to FCF ratio of 0.46 is amongst the best of the industry. AVIO outperforms 97.78% 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.
Looking at the Debt to Equity ratio, with a value of 0.02, AVIO belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.46 | ||
| Altman-Z | 0.94 |
ROIC/WACC0.15
WACC8.19%
2.3 Liquidity
AVIO has a Current 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 worse Current ratio (0.82) than 93.33% of its industry peers.
A Quick Ratio of 0.18 indicates that AVIO may have some problems paying its short term obligations.
The Quick ratio of AVIO (0.18) is worse than 95.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.18 |
3. Growth
3.1 Past
The earnings per share for AVIO have decreased by -6.18% in the last year.
The earnings per share for AVIO have been decreasing by -25.27% on average. This is quite bad
Looking at the last year, AVIO shows a very strong growth in Revenue. The Revenue has grown by 39.78%.
AVIO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.20% yearly.
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 28.01% yearly.
The Revenue is expected to grow by 13.73% on average over the next years. This is quite good.
EPS Next Y3.6%
EPS Next 2Y26.84%
EPS Next 3Y28.01%
EPS Next 5YN/A
Revenue Next Year23.29%
Revenue Next 2Y18.32%
Revenue Next 3Y13.58%
Revenue Next 5Y13.73%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
Based on the Price/Earnings ratio of 106.52, the valuation of AVIO can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of AVIO indicates a slightly more expensive valuation: AVIO is more expensive than 66.67% 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 27.48.
AVIO is valuated quite expensively with a Price/Forward Earnings ratio of 61.91.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AVIO indicates a slightly more expensive valuation: AVIO is more expensive than 77.78% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 36.52. AVIO is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 106.52 | ||
| Fwd PE | 61.91 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as AVIO.
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 | 26.51 | ||
| EV/EBITDA | 24.09 |
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.
A more expensive valuation may be justified as AVIO's earnings are expected to grow with 28.01% in the coming years.
PEG (NY)29.55
PEG (5Y)N/A
EPS Next 2Y26.84%
EPS Next 3Y28.01%
5. Dividend
5.1 Amount
With a yearly dividend of 0.63%, AVIO is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.09, AVIO has a dividend in line with its industry peers.
With a Dividend Yield of 0.63, AVIO pays less dividend than the S&P500 average, which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.63% |
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
98.57% of the earnings are spent on dividend by AVIO. This is not a sustainable payout ratio.
DP98.57%
EPS Next 2Y26.84%
EPS Next 3Y28.01%
BIT:AVIO (7/18/2025, 2:15:33 PM)
24.5
+0.3 (+1.24%)
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 Cap665.42M
Analysts80
Price Target20.53 (-16.2%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.63% |
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)3.74%
PT rev (3m)3.74%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-13.97%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)10.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 106.52 | ||
| Fwd PE | 61.91 | ||
| P/S | 1.39 | ||
| P/FCF | 26.51 | ||
| P/OCF | 11.04 | ||
| P/B | 2.2 | ||
| P/tB | 5.98 | ||
| EV/EBITDA | 24.09 |
EPS(TTM)0.23
EY0.94%
EPS(NY)0.4
Fwd EY1.62%
FCF(TTM)0.92
FCFY3.77%
OCF(TTM)2.22
OCFY9.06%
SpS17.69
BVpS11.15
TBVpS4.1
PEG (NY)29.55
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 | 0.94 |
F-Score5
WACC8.19%
ROIC/WACC0.15
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 Y3.6%
EPS Next 2Y26.84%
EPS Next 3Y28.01%
EPS Next 5YN/A
Revenue 1Y (TTM)39.78%
Revenue growth 3Y14.49%
Revenue growth 5Y4.2%
Sales Q2Q%45.08%
Revenue Next Year23.29%
Revenue Next 2Y18.32%
Revenue Next 3Y13.58%
Revenue Next 5Y13.73%
EBIT growth 1Y121.58%
EBIT growth 3Y1.51%
EBIT growth 5Y-23.36%
EBIT Next Year236.51%
EBIT Next 3Y75%
EBIT Next 5Y51.01%
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%