AVIO SPA (AVIO.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:AVIO - IT0005119810 - Common Stock
24.2 EUR
-0.3 (-1.22%)
Taking everything into account, AVIO scores 3 out of 10 in our fundamental rating. AVIO was compared to 48 industry peers in the Aerospace & Defense industry. The financial health of AVIO is average, but there are quite some concerns on its profitability. AVIO is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
AVIO had positive earnings in the past year.
AVIO had a positive operating cash flow in the past year.
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
Looking at the Return On Assets, with a value of 0.55%, AVIO is doing worse than 75.00% of the companies in the same industry.
The Return On Equity of AVIO (1.91%) is worse than 75.00% of its industry peers.
AVIO has a worse Return On Invested Capital (1.41%) than 83.33% of its industry peers.
AVIO had an Average Return On Invested Capital over the past 3 years of 0.66%. This is significantly below the industry average of 9.50%.
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 Profit Margin of 1.12%. This is in the lower half of the industry: AVIO underperforms 75.00% of its industry peers.
AVIO's Profit Margin has declined in the last couple of years.
AVIO's Operating Margin of 1.32% is on the low side compared to the rest of the industry. AVIO is outperformed by 85.42% of its industry peers.
In the last couple of years the Operating Margin of AVIO has declined.
With an excellent Gross Margin value of 70.43%, AVIO belongs to the best of the industry, outperforming 89.58% of the companies in the same industry.
AVIO's Gross Margin has been stable in the last couple of years.
| 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 increased 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 1.38. This is a bad value and indicates that AVIO is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.38, AVIO is not doing good in the industry: 83.33% of the companies in the same industry are doing better.
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 better Debt to FCF ratio (0.21) than 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.
AVIO has a Debt to Equity ratio of 0.03. This is amongst the best in the industry. AVIO outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.21 | ||
| Altman-Z | 1.38 |
ROIC/WACC0.18
WACC8%
2.3 Liquidity
AVIO has a Current 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.
AVIO has a Current ratio of 0.83. This is amonst the worse of the industry: AVIO underperforms 91.67% 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.
AVIO has a Quick ratio of 0.36. This is amonst the worse of the industry: AVIO underperforms 95.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.83 | ||
| Quick Ratio | 0.36 |
3. Growth
3.1 Past
AVIO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -50.78%.
The earnings per share for AVIO have been decreasing by -28.46% on average. This is quite bad
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
Based on estimates for the next years, AVIO will show a very negative growth in Earnings Per Share. The EPS will decrease by -17.41% on average per year.
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 Y-6.28%
EPS Next 2Y-24.23%
EPS Next 3Y-17.41%
EPS Next 5YN/A
Revenue Next Year33.38%
Revenue Next 2Y23.65%
Revenue Next 3Y19.57%
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
Based on the Price/Earnings ratio of 134.44, 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 75.00% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.11. AVIO is valued rather expensively when compared to this.
AVIO is valuated quite expensively with a Price/Forward Earnings ratio of 110.35.
85.42% 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 (36.21), we can say AVIO is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 134.44 | ||
| Fwd PE | 110.35 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AVIO is valued more expensive than 81.25% of the companies in the same industry.
AVIO's Price/Free Cash Flow ratio is rather cheap when compared to the industry. AVIO is cheaper than 81.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.1 | ||
| EV/EBITDA | 41.3 |
4.3 Compensation for Growth
AVIO's earnings are expected to decrease with -17.41% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-24.23%
EPS Next 3Y-17.41%
5. Dividend
5.1 Amount
With a yearly dividend of 0.59%, AVIO is not a good candidate for dividend investing.
The stock price of AVIO dropped by -32.88% 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.
AVIO's Dividend Yield is comparable with the industry average which is at 1.21.
Compared to an average S&P500 Dividend Yield of 2.32, AVIO's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.59% |
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.
The Dividend Rate of AVIO has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP63.08%
EPS Next 2Y-24.23%
EPS Next 3Y-17.41%
BIT:AVIO (12/2/2025, 5:27:45 PM)
24.2
-0.3 (-1.22%)
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 Cap1.13B
Revenue(TTM)530.18M
Net Income(TTM)5.95M
Analysts77.78
Price Target42.51 (75.66%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.59% |
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)33.9%
PT rev (3m)55.08%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-17.02%
EPS NY rev (3m)-10.46%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)1.88%
Revenue NY rev (3m)3.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 134.44 | ||
| Fwd PE | 110.35 | ||
| P/S | 2.14 | ||
| P/FCF | 21.1 | ||
| P/OCF | 12.28 | ||
| P/B | 3.65 | ||
| P/tB | 9.46 | ||
| EV/EBITDA | 41.3 |
EPS(TTM)0.18
EY0.74%
EPS(NY)0.22
Fwd EY0.91%
FCF(TTM)1.15
FCFY4.74%
OCF(TTM)1.97
OCFY8.14%
SpS11.33
BVpS6.64
TBVpS2.56
PEG (NY)N/A
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 | 1.38 |
F-Score4
WACC8%
ROIC/WACC0.18
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 Y-6.28%
EPS Next 2Y-24.23%
EPS Next 3Y-17.41%
EPS Next 5YN/A
Revenue 1Y (TTM)33.69%
Revenue growth 3Y14.49%
Revenue growth 5Y4.2%
Sales Q2Q%23.63%
Revenue Next Year33.38%
Revenue Next 2Y23.65%
Revenue Next 3Y19.57%
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%
AVIO SPA / AVIO.MI FAQ
Can you provide the ChartMill fundamental rating for AVIO SPA?
ChartMill assigns a fundamental rating of 3 / 10 to AVIO.MI.
Can you provide the valuation status for AVIO SPA?
ChartMill assigns a valuation rating of 2 / 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.
Can you provide the PE and PB ratios for AVIO stock?
The Price/Earnings (PE) ratio for AVIO SPA (AVIO.MI) is 134.44 and the Price/Book (PB) ratio is 3.65.
Can you provide the dividend sustainability for AVIO stock?
The dividend rating of AVIO SPA (AVIO.MI) is 1 / 10 and the dividend payout ratio is 63.08%.