AVVOF (Avio SpA) Cyclically Adjusted Price-to-FCF: 39.37 (As of Sep. 01, 2026) — Near Median

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AVVOF Avio SpA AVVOF
53 GF Score
Price $34.25
GF Value $14.54
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Avio SpA Cyclically Adjusted Price-to-FCF?

Avio SpA AVVOF -2.14% 53 Cyclically Adjusted Price-to-FCF is 39.37 as of Sep. 01, 2026, which is 4% below its 10-year median of 41.01. GuruFocus rates AVVOF with a GF Score™ of 53/100 and a GF Value™ of $14.54 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 111 Aerospace & Defense companies, Avio SpA ranks better than 63.06% on this metric.

As of today (2026-09-01), Avio SpA's current share price is $34.25. Avio SpA's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec25 was $0.87. Avio SpA's Cyclically Adjusted Price-to-FCF for today is 39.37.

The historical rank and industry rank for Avio SpA's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

AVVOF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 30.94   Med: 41.01   Max: 54.52
Current: 38.15

During the past 12 years, Avio SpA's highest Cyclically Adjusted Price-to-FCF was 54.52. The lowest was 30.94. And the median was 41.01.

AVVOF's Cyclically Adjusted Price-to-FCF is ranked better than
63.06% of 111 companies
in the Aerospace & Defense industry
Industry Median: 53 vs AVVOF: 38.15

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Avio SpA's adjusted free cash flow per share data of for the fiscal year that ended in Dec25 was $4.898. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.87 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Avio SpA  (OTCPK:AVVOF) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Avio SpA Cyclically Adjusted Price-to-FCF Related Terms


Avio SpA Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for Avio SpA's Cyclically Adjusted Price-to-FCF 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 Cyclically Adjusted Price-to-FCF Chart

Avio SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 25.00 29.88 36.95

Avio SpA Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Cyclically Adjusted Price-to-FCF 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 29.88 0.00 0.00 0.00 36.95

AVVOF vs SPCX, GE, RTX: Cyclically Adjusted Price-to-FCF Comparison

For the Aerospace & Defense subindustry, Avio SpA's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Cyclically Adjusted Price-to-FCF vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Avio SpA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Avio SpA's Cyclically Adjusted Price-to-FCF falls into.


AVVOF
53GF Score
Avio SpA AVVOF
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avio SpA Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Avio SpA's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=34.25/0.87
=39.37

* 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's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Avio SpA's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec25 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=4.898/122.6000*122.6000
=4.898

Current CPI (Dec25) = 122.6000.

Avio SpA Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201612 -0.653 100.300 -0.798
201712 -0.450 101.200 -0.545
201812 0.649 102.300 0.778
201912 1.225 102.800 1.461
202012 0.470 102.600 0.562
202112 0.267 106.600 0.307
202212 1.120 119.000 1.154
202312 0.207 119.700 0.212
202412 0.996 121.200 1.008
202512 4.898 122.600 4.898

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted Price-to-FCF of 39.37 mean?
Avio SpA (AVVOF) has a Cyclically Adjusted Price-to-FCF of 39.37 as of Sep. 01, 2026. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on Avio SpA and its competitors. This is near median its historical median of 41.01. Over the past decade, Avio SpA's Cyclically Adjusted Price-to-FCF has ranged from 30.94 to 54.52. According to the industry distribution chart, Avio SpA ranks #41 out of 111 companies in the Aerospace & Defense industry, placing it in the top 36.9%.
Is Avio SpA's Cyclically Adjusted Price-to-FCF too high?
Avio SpA's current Cyclically Adjusted Price-to-FCF of 39.37 is near median its 10-year median of 41.01. Over the past 10 years, this metric has ranged from a low of 30.94 to a high of 54.52. The Aerospace & Defense industry median Cyclically Adjusted Price-to-FCF is 53.00. Avio SpA's value of 39.37 is 25.7% below this industry median. Based on the distribution chart, Avio SpA ranks #41 out of 111 companies in the Aerospace & Defense industry, which is above the industry midpoint. 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 Cyclically Adjusted Price-to-FCF compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Avio SpA ranks #41 out of 111 companies for Cyclically Adjusted Price-to-FCF. This puts Avio SpA in the upper half of its industry. The industry median Cyclically Adjusted Price-to-FCF is 53.00. Avio SpA's value of 39.37 is 25.7% below this benchmark. Historically, Avio SpA's own Cyclically Adjusted Price-to-FCF has ranged from 30.94 to 54.52 over the past decade. While the company's 10-year median is 41.01 vs. the industry median of 53.00, Avio SpA has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Price-to-FCF for an Aerospace & Defense company?
The median Cyclically Adjusted Price-to-FCF among Aerospace & Defense companies is 53.00, based on 111 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted Price-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted Price-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Avio SpA's current Cyclically Adjusted Price-to-FCF of 39.37 is 25.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Price-to-FCF mean?
A high Cyclically Adjusted Price-to-FCF can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on Avio SpA and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted Price-to-FCF is 53.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avio SpA's current Cyclically Adjusted Price-to-FCF is 39.37, which is near median its own 10-year median of 41.01. 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 $14.54, compared to a current price of $34.25 — trading 135.6% above its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 39.37, which is near median its 10-year median of 41.01 and 25.7% below the Aerospace & Defense industry median of 53.00. 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 Cyclically Adjusted Price-to-FCF calculated?
Cyclically Adjusted Price-to-FCF is calculated from a company's financial statements. For Avio SpA (AVVOF), the current Cyclically Adjusted Price-to-FCF is 39.37 as of Sep. 01, 2026. 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 $34.25 is trading 135.6% above its estimated GF Value™ of $14.54. GuruFocus considers Avio SpA to be Significantly Overvalued.

Key valuation signals for AVVOF:

  • Cyclically Adjusted Price-to-FCF: 39.37 (near median its 10-year median of 41.01)
  • GF Value™: $14.54 vs. price of $34.25 (135.6% above fair value)
  • GF Score™: 53/100 with 6 warning signs
  • Industry Position: 25.7% below the Aerospace & Defense median (#41 of 111)

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

Cyclically Adjusted Price-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$34.25
Price
$14.54
GF Value