LEONARDO SPA (LDO.MI) Stock Fundamental Analysis
Europe - BIT:LDO - IT0003856405 - Common Stock
55.36 EUR
-0.44 (-0.79%)
Overall LDO gets a fundamental rating of 5 out of 10. We evaluated LDO against 46 industry peers in the Aerospace & Defense industry. There are concerns on the financial health of LDO while its profitability can be described as average. LDO has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
LDO had positive earnings in the past year.
Each year in the past 5 years LDO has been profitable.
LDO 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 4.83%, LDO is in the better half of the industry, outperforming 65.22% of the companies in the same industry.
LDO has a Return On Equity of 17.55%. This is in the better half of the industry: LDO outperforms 63.04% of its industry peers.
Looking at the Return On Invested Capital, with a value of 11.56%, LDO is in the better half of the industry, outperforming 76.09% of the companies in the same industry.
LDO had an Average Return On Invested Capital over the past 3 years of 6.61%. This is below the industry average of 9.27%.
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.
LDO has a Operating Margin (7.54%) which is in line with its industry peers.
In the last couple of years the Operating Margin of LDO has remained more or less at the same level.
LDO's Gross Margin of 30.33% is in line compared to the rest of the industry. LDO outperforms 50.00% of its industry peers.
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
LDO has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is 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
LDO has a better debt/assets ratio than last year.
2.2 Solvency
LDO has an Altman-Z score of 2.12. 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 (2.12) is worse than 69.57% of its industry peers.
A Debt/Equity ratio of 0.22 indicates that LDO is not too dependend on debt financing.
LDO has a Debt to Equity ratio of 0.22. This is amongst the best in the industry. LDO outperforms 84.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.12 |
ROIC/WACC1.51
WACC7.64%
2.3 Liquidity
LDO has a Current Ratio of 0.97. This is a bad value and indicates that LDO is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.97, LDO is not doing good in the industry: 82.61% of the companies in the same industry are doing better.
LDO has a Quick Ratio of 0.97. This is a bad value and indicates that LDO is not financially healthy enough and could expect problems in meeting its short term obligations.
LDO has a Quick ratio of 0.59. This is in the lower half of the industry: LDO underperforms 73.91% 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.
Measured over the past years, LDO shows a decrease in Earnings Per Share. The EPS has been decreasing by -4.48% on average per year.
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
The Earnings Per Share is expected to grow by 23.32% on average over the next years. This is a very strong growth
Based on estimates for the next years, LDO will show a quite strong growth in Revenue. The Revenue will grow by 9.16% on average per year.
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
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.
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
LDO is valuated quite expensively with a Price/Earnings ratio of 37.92.
Compared to the rest of the industry, the Price/Earnings ratio of LDO indicates a somewhat cheap valuation: LDO is cheaper than 67.39% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.86, LDO is valued a bit more expensive.
LDO is valuated quite expensively with a Price/Forward Earnings ratio of 25.71.
LDO's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. LDO is cheaper than 63.04% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.32, LDO is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.92 | ||
| Fwd PE | 25.71 |
4.2 Price Multiples
89.13% 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 | 12.35 |
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.
The decent profitability rating of LDO may justify a higher PE ratio.
A more expensive valuation may be justified as LDO's earnings are expected to grow with 25.06% in the coming years.
PEG (NY)0.92
PEG (5Y)N/A
EPS Next 2Y28.91%
EPS Next 3Y25.06%
5. Dividend
5.1 Amount
With a yearly dividend of 0.93%, LDO is not a good candidate for dividend investing.
LDO's Dividend Yield is a higher than the industry average which is at 1.06.
With a Dividend Yield of 0.93, LDO pays less dividend than the S&P500 average, which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.93% |
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.
LDO's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP0.13%
EPS Next 2Y28.91%
EPS Next 3Y25.06%
BIT:LDO (10/6/2025, 5:36:15 PM)
55.36
-0.44 (-0.79%)
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 Cap32.01B
Analysts79.09
Price Target55.62 (0.47%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.93% |
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)-0.79%
PT rev (3m)2.74%
EPS NQ rev (1m)-136.27%
EPS NQ rev (3m)-144.78%
EPS NY rev (1m)-2.61%
EPS NY rev (3m)3.31%
Revenue NQ rev (1m)-11.26%
Revenue NQ rev (3m)-8.95%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)0.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.92 | ||
| Fwd PE | 25.71 | ||
| P/S | 1.19 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 3.56 | ||
| P/tB | 64.79 | ||
| EV/EBITDA | 12.35 |
EPS(TTM)1.46
EY2.64%
EPS(NY)2.15
Fwd EY3.89%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS46.61
BVpS15.57
TBVpS0.85
PEG (NY)0.92
PEG (5Y)N/A
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%
ROICexcg growth 3Y7.63%
ROICexcg 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 | 2.12 |
F-ScoreN/A
WACC7.64%
ROIC/WACC1.51
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%