AVIO SPA (AVIO.MI) Stock Fundamental Analysis
Europe - BIT:AVIO - IT0005119810 - Common Stock
54.6 EUR
+0.9 (+1.68%)
We assign a fundamental rating of 4 out of 10 to AVIO. AVIO was compared to 43 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 valied quite expensively at the moment, while 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.
Each year in the past 5 years AVIO had a positive operating cash flow.
1.2 Ratios
The Return On Assets of AVIO (0.55%) is worse than 69.77% of its industry peers.
With a Return On Equity value of 1.91%, AVIO is not doing good in the industry: 69.77% of the companies in the same industry are doing better.
The Return On Invested Capital of AVIO (1.41%) is worse than 81.40% 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 9.61%.
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
The Profit Margin of AVIO (1.12%) is worse than 69.77% of its industry peers.
In the last couple of years the Profit Margin of AVIO has declined.
Looking at the Operating Margin, with a value of 1.32%, AVIO is doing worse than 83.72% of the companies in the same industry.
AVIO's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 70.43%, AVIO belongs to the top of the industry, outperforming 93.02% of the companies in the same industry.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AVIO is destroying value.
AVIO has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for AVIO has been reduced compared to 5 years ago.
AVIO has a better debt/assets ratio than last year.
2.2 Solvency
AVIO has an Altman-Z score of 1.63. 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 (1.63) than 79.07% of its industry peers.
The Debt to FCF ratio of AVIO is 0.21, which is an excellent value as it means it would take AVIO, only 0.21 years of fcf income to pay off all of its debts.
AVIO's Debt to FCF ratio of 0.21 is amongst the best of the industry. AVIO outperforms 97.67% 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.
AVIO's Debt to Equity ratio of 0.03 is amongst the best of the industry. AVIO outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.21 | ||
| Altman-Z | 1.63 |
ROIC/WACC0.17
WACC8.12%
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 88.37% of its industry peers.
A Quick Ratio of 0.36 indicates that AVIO may have some problems paying its short term obligations.
The Quick ratio of AVIO (0.36) is worse than 93.02% of its industry peers.
| 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 -38.80% 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 -25.27% 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)-38.8%
EPS 3Y-10.47%
EPS 5Y-25.27%
EPS Q2Q%-29.19%
Revenue 1Y (TTM)33.69%
Revenue growth 3Y14.49%
Revenue growth 5Y4.2%
Sales Q2Q%23.63%
3.2 Future
AVIO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 36.41% yearly.
The Revenue is expected to grow by 13.95% on average over the next years. This is quite good.
EPS Next Y12.95%
EPS Next 2Y34%
EPS Next 3Y36.41%
EPS Next 5YN/A
Revenue Next Year29.2%
Revenue Next 2Y21.2%
Revenue Next 3Y17.91%
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.
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 237.39.
Compared to the rest of the industry, the Price/Earnings ratio of AVIO indicates a slightly more expensive valuation: AVIO is more expensive than 76.74% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of AVIO to the average of the S&P500 Index (27.86), we can say AVIO is valued expensively.
AVIO is valuated quite expensively with a Price/Forward Earnings ratio of 79.60.
81.40% of the companies in the same industry are cheaper than AVIO, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of AVIO to the average of the S&P500 Index (23.32), we can say AVIO is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 237.39 | ||
| Fwd PE | 79.6 |
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 79.07% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, AVIO is valued a bit cheaper than 74.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.64 | ||
| EV/EBITDA | 53.34 |
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 grow with 36.41% in the coming years. This may justify a more expensive valuation.
PEG (NY)18.33
PEG (5Y)N/A
EPS Next 2Y34%
EPS Next 3Y36.41%
5. Dividend
5.1 Amount
With a yearly dividend of 0.32%, AVIO is not a good candidate for dividend investing.
AVIO's Dividend Yield is slightly below the industry average, which is at 1.27.
With a Dividend Yield of 0.32, AVIO pays less dividend than the S&P500 average, which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.32% |
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 63.08% of its income as dividend. This is not a sustainable payout ratio.
DP63.08%
EPS Next 2Y34%
EPS Next 3Y36.41%
BIT:AVIO (10/3/2025, 7:00:00 PM)
54.6
+0.9 (+1.68%)
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 Cap1.48B
Analysts80
Price Target28.69 (-47.45%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.32% |
Yearly Dividend0.24
Dividend Growth(5Y)-8.97%
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)4.65%
PT rev (3m)39.75%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)7.91%
EPS NY rev (3m)9.02%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)4.8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 237.39 | ||
| Fwd PE | 79.6 | ||
| P/S | 2.8 | ||
| P/FCF | 27.64 | ||
| P/OCF | 16.09 | ||
| P/B | 4.77 | ||
| P/tB | 12.4 | ||
| EV/EBITDA | 53.34 |
EPS(TTM)0.23
EY0.42%
EPS(NY)0.69
Fwd EY1.26%
FCF(TTM)1.98
FCFY3.62%
OCF(TTM)3.39
OCFY6.22%
SpS19.52
BVpS11.44
TBVpS4.4
PEG (NY)18.33
PEG (5Y)N/A
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%
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-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 | 1.63 |
F-Score4
WACC8.12%
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)-38.8%
EPS 3Y-10.47%
EPS 5Y-25.27%
EPS Q2Q%-29.19%
EPS Next Y12.95%
EPS Next 2Y34%
EPS Next 3Y36.41%
EPS Next 5YN/A
Revenue 1Y (TTM)33.69%
Revenue growth 3Y14.49%
Revenue growth 5Y4.2%
Sales Q2Q%23.63%
Revenue Next Year29.2%
Revenue Next 2Y21.2%
Revenue Next 3Y17.91%
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%