AVIO S.P.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 10.92 EUR | +0.92% |
|
+0.92% | +29.08% |
| Apr. 22 | Lists in green except Mib; banks good | AN |
| Apr. 22 | Iveco down on Mib; European stock exchanges in green | AN |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 365.3 | 291.3 | 300.6 | 241.2 | 213.8 | 275.9 | - | - |
| Enterprise Value (EV) 1 | 307.4 | 228.7 | 243.4 | 166.8 | 213.8 | 231.6 | 218.4 | 217.4 |
| P/E ratio | 14.4 x | 21.8 x | 36.6 x | -479 x | 33.8 x | 39.5 x | 19.1 x | 13.1 x |
| Yield | 3.17% | 2.51% | 1.52% | - | - | 1.65% | 2.59% | 3.63% |
| Capitalization / Revenue | 0.99 x | 0.9 x | 0.96 x | 0.68 x | 0.62 x | 0.72 x | 0.64 x | 0.58 x |
| EV / Revenue | 0.83 x | 0.71 x | 0.78 x | 0.47 x | 0.62 x | 0.61 x | 0.5 x | 0.46 x |
| EV / EBITDA | 7.22 x | 5.28 x | 6.41 x | 6 x | 7.63 x | 7.41 x | 5.75 x | 4.79 x |
| EV / FCF | 8.58 x | 17.9 x | 32.3 x | 5.02 x | - | -8.01 x | 14.5 x | 17.2 x |
| FCF Yield | 11.7% | 5.6% | 3.1% | 19.9% | - | -12.5% | 6.88% | 5.81% |
| Price to Book | 1.23 x | 0.96 x | 0.99 x | - | - | 0.95 x | 0.93 x | 0.9 x |
| Nbr of stocks (in thousands) | 26,359 | 25,688 | 25,688 | 25,206 | 25,268 | 25,268 | - | - |
| Reference price 2 | 13.86 | 11.34 | 11.70 | 9.570 | 8.460 | 10.92 | 10.92 | 10.92 |
| Announcement Date | 3/25/20 | 3/19/21 | 3/14/22 | 3/13/23 | 3/13/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 368.7 | 322 | 311.6 | 357.3 | 343.7 | 381.7 | 434 | 475.3 |
| EBITDA 1 | 42.59 | 43.3 | 38 | 27.8 | 28 | 31.24 | 37.97 | 45.4 |
| EBIT 1 | 27.97 | 24 | 16.85 | 8.613 | 12.72 | 11.54 | 16.8 | 22.85 |
| Operating Margin | 7.59% | 7.45% | 5.41% | 2.41% | 3.7% | 3.02% | 3.87% | 4.81% |
| Earnings before Tax (EBT) 1 | 26.98 | 15.41 | 8.622 | 1.386 | 6.641 | 7.712 | 15.23 | 21.3 |
| Net income 1 | 26.2 | 14.12 | 8.48 | -0.4348 | 6.487 | 7.427 | 14.4 | 20.3 |
| Net margin | 7.11% | 4.38% | 2.72% | -0.12% | 1.89% | 1.95% | 3.32% | 4.27% |
| EPS 2 | 0.9600 | 0.5200 | 0.3200 | -0.0200 | 0.2500 | 0.2763 | 0.5730 | 0.8355 |
| Free Cash Flow 1 | 35.85 | 12.8 | 7.541 | 33.22 | - | -28.9 | 15.03 | 12.63 |
| FCF margin | 9.72% | 3.97% | 2.42% | 9.3% | - | -7.57% | 3.46% | 2.66% |
| FCF Conversion (EBITDA) | 84.17% | 29.56% | 19.84% | 119.51% | - | - | 39.6% | 27.83% |
| FCF Conversion (Net income) | 136.83% | 90.66% | 88.93% | - | - | - | 104.4% | 62.22% |
| Dividend per Share 2 | 0.4400 | 0.2850 | 0.1780 | - | - | 0.1798 | 0.2830 | 0.3967 |
| Announcement Date | 3/25/20 | 3/19/21 | 3/14/22 | 3/13/23 | 3/13/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2021 S1 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 S1 | 2023 S1 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 167.9 | - | 70.06 | 113.8 | 65.9 | 68.09 | 134 | - |
| EBITDA 1 | 19.88 | - | 1.316 | 26.2 | 1.2 | 4.431 | 5.631 | - |
| EBIT 1 | 11.49 | - | -3.807 | 20.65 | -4.1 | 0.355 | -3.745 | 1.4 |
| Operating Margin | 6.84% | - | -5.43% | 18.15% | -6.22% | 0.52% | -2.8% | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - |
| Net income | - | -2.441 | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - |
| EPS | - | -0.1000 | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 9/15/20 | 9/10/21 | 11/8/21 | 3/14/22 | 5/10/22 | 9/9/22 | 9/9/22 | 9/8/23 |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 57.9 | 62.6 | 57.2 | 74.5 | - | 44.3 | 57.5 | 58.5 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 35.8 | 12.8 | 7.54 | 33.2 | - | -28.9 | 15 | 12.6 |
| ROE (net income / shareholders' equity) | 9.41% | 4.71% | 2.8% | 1.89% | - | 3.1% | 4.65% | 6.2% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 11.20 | 11.80 | 11.80 | - | - | 11.50 | 11.70 | 12.10 |
| Cash Flow per Share 2 | 2.490 | 1.790 | 1.560 | 3.020 | - | 1.060 | - | - |
| Capex 1 | 29.8 | 34.6 | 33.7 | 32.5 | - | 34.4 | 32.6 | 31.5 |
| Capex / Sales | 8.07% | 10.74% | 10.82% | 9.1% | - | 9.02% | 7.52% | 6.63% |
| Announcement Date | 3/25/20 | 3/19/21 | 3/14/22 | 3/13/23 | 3/13/24 | - | - | - |
1EUR in Million2EUR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
10.92
EUR
Average target price
12.42
EUR
Spread / Average Target
+13.78%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +29.08% | 295M | |
| +3.57% | 3.7B | |
| -3.43% | 955M | |
| -63.78% | 365M | |
| -.--% | 114M | |
| -5.26% | 106M |
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- AVIO Stock
- Financials Avio S.p.A.
