AVVOF (Avio SpA) Capex-to-Operating-Income: 0.00 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

AVVOF Avio SpA AVVOF
53 GF Score
Price $33.68
GF Value $14.45
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Avio SpA Capex-to-Operating-Income?

Avio SpA AVVOF +1.45% 53 Capex-to-Operating-Income is 0.00 as of Dec. 2025. GuruFocus rates AVVOF with a GF Score™ of 53/100 and a GF Value™ of $14.45 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 217 Aerospace & Defense companies, Avio SpA ranks worse than 460829.03% on this metric.

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

Avio SpA's Capital Expenditure for the three months ended in Dec. 2025 was $0.00 Mil. Its Operating Income for the three months ended in Dec. 2025 was $12.13 Mil.

Hence, Avio SpA's Capex-to-Operating-Income for the three months ended in Dec. 2025 was 0.00.


Avio SpA  (OTCPK:AVVOF) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


Avio SpA Capex-to-Operating-Income Related Terms


Avio SpA Capex-to-Operating-Income Historical Data

* Premium members only.

The historical data trend for Avio SpA's Capex-to-Operating-Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Avio SpA Capex-to-Operating-Income Chart

Avio SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.19 7.06 15.65 6.99 4.95

Avio SpA Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Capex-to-Operating-Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

AVVOF vs SPCX, GE, RTX: Capex-to-Operating-Income Comparison

For the Aerospace & Defense subindustry, Avio SpA's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Avio SpA Capex-to-Operating-Income vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Avio SpA's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Avio SpA's Capex-to-Operating-Income falls into.


AVVOF
53GF Score
Avio SpA AVVOF
Capex-to-Operating-Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avio SpA Capex-to-Operating-Income Calculation

Avio SpA's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2025 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-51.466) / 10.393
=4.95

Avio SpA's Capex-to-Operating-Income for the quarter that ended in Dec. 2025 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (0) / 12.131
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Capex-to-Operating-Income of 0.00 mean?
Avio SpA (AVVOF) has a Capex-to-Operating-Income of 0.00 as of Dec. 2025. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on Avio SpA and its competitors. Over the past decade, Avio SpA's Capex-to-Operating-Income has ranged from 0.98 to 15.65. According to the industry distribution chart, Avio SpA ranks #999999 out of 217 companies in the Aerospace & Defense industry.
Is Avio SpA's Capex-to-Operating-Income too high?
Avio SpA's current Capex-to-Operating-Income is 0.00. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 15.65. Based on the distribution chart, Avio SpA ranks #999999 out of 217 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Avio SpA has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Avio SpA's Capex-to-Operating-Income compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Avio SpA ranks #999999 out of 217 companies for Capex-to-Operating-Income. This places Avio SpA in the lower half of its industry. The industry median Capex-to-Operating-Income is 0.45. Historically, Avio SpA's own Capex-to-Operating-Income has ranged from 0.98 to 15.65 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Capex-to-Operating-Income for an Aerospace & Defense company?
The median Capex-to-Operating-Income among Aerospace & Defense companies is 0.45, based on 217 companies in the industry. Companies in the top quartile (top 25%) have a Capex-to-Operating-Income significantly above this median, while those in the bottom quartile fall well below. However, Capex-to-Operating-Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Capex-to-Operating-Income mean?
A high Capex-to-Operating-Income can signal that a stock is expensive relative to its fundamentals. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on Avio SpA and its competitors. For the Aerospace & Defense industry, the median Capex-to-Operating-Income is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avio SpA's current Capex-to-Operating-Income is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avio SpA stock overvalued right now?
Based on GuruFocus' analysis, Avio SpA (AVVOF) is currently considered Significantly Overvalued. The stock's GF Value™ is $14.45, compared to a current price of $33.68 — trading 133.1% above its estimated fair value. The current Capex-to-Operating-Income is 0.00. Avio SpA's overall GF Score™ is 53/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Capex-to-Operating-Income calculated?
Capex-to-Operating-Income is calculated from a company's financial statements. For Avio SpA (AVVOF), the current Capex-to-Operating-Income is 0.00 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Avio SpA (AVVOF) Overvalued in 2026?

Based on GuruFocus' analysis, Avio SpA stock appears to be overvalued. The current stock price of $33.68 is trading 133.1% above its estimated GF Value™ of $14.45. GuruFocus considers Avio SpA to be Significantly Overvalued.

Key valuation signals for AVVOF:

  • Capex-to-Operating-Income: 0.00
  • GF Value™: $14.45 vs. price of $33.68 (133.1% above fair value)
  • GF Score™: 53/100 with 6 warning signs

No single metric tells the full story. See the AVVOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Avio SpA Business Description

Address Via Latina, snc (SP 600 Ariana km 5,2, Colleferro, Rome, ITA, 00034
Avio SpA is an international group engaged in the construction and development of space launchers. The company's core operations are design, development and production of solid and liquid propellant propulsion systems for space launchers; design, development and production of solid propellant propulsion systems for tactical missiles; development, integration and supply of complete light space launchers (VEGA); research and development of new low environmental impact propulsion systems and of satellite tracking control engines. The Group mainly operates in EU countries (Italy, France), the USA, and French Guiana.
53GF Score

Get the complete analysis for AVVOF

Capex-to-Operating-Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$33.68
Price
$14.45
GF Value