Avio SpAAVVOF 53 Earnings Yield (Joel Greenblatt) % is 1.25% as of Dec. 2025, which is 23% above its 10-year median of 1.02. GuruFocus rates AVVOF with a GF Score™ of 53/100 and a GF Value™ of $15.70 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 360 Aerospace & Defense companies, Avio SpA ranks worse than 60.28% on this metric.
Avio SpA's Enterprise Value for the quarter that ended in Dec. 2025 was $1,171.8 Mil.
Avio SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $15.0 Mil. Avio SpA's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 1.25%.
The historical rank and industry rank for Avio SpA's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
AVVOF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.11 Med: 1.02 Max: 3.11
Current: 1.22
During the past 12 years, the highest Earnings Yield (Joel Greenblatt) of Avio SpA was 3.11%. The lowest was -0.11%. And the median was 1.02%.
AVVOF's Earnings Yield (Joel Greenblatt) % is ranked worse than 60.28% of 360
companies
in the Aerospace & Defense industry
Industry Median: 1.975
vs AVVOF: 1.22
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Avio SpA's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 was 5.25%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Avio SpA Earnings Yield (Joel Greenblatt) % Related Terms
Avio SpA Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Avio SpA's Earnings Yield (Joel Greenblatt) % 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.
For the Aerospace & Defense subindustry, Avio SpA's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Avio SpA's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Avio SpA's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Avio SpAs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Avio SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $15.0 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 1.25% mean?
Avio SpA (AVVOF) has a Earnings Yield (Joel Greenblatt) % of 1.25% as of Dec. 2025. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Avio SpA and its competitors. This is 23% above median its historical median of 1.02. According to the industry distribution chart, Avio SpA ranks #217 out of 360 companies in the Aerospace & Defense industry, placing it in the top 60.3%.
Is Avio SpA's Earnings Yield (Joel Greenblatt) % too high?
Avio SpA's current Earnings Yield (Joel Greenblatt) % of 1.25% is 23% above median its 10-year median of 1.02. The Aerospace & Defense industry median Earnings Yield (Joel Greenblatt) % is 1.98. Avio SpA's value of 1.25% is 36.7% below this industry median. Based on the distribution chart, Avio SpA ranks #217 out of 360 companies in the Aerospace & Defense industry, which is below 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 Earnings Yield (Joel Greenblatt) % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Avio SpA ranks #217 out of 360 companies for Earnings Yield (Joel Greenblatt) %. This places Avio SpA in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 1.98. Avio SpA's value of 1.25% is 36.7% below this benchmark. While the company's 10-year median is 1.02 vs. the industry median of 1.98, 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 Earnings Yield (Joel Greenblatt) % for an Aerospace & Defense company?
The median Earnings Yield (Joel Greenblatt) % among Aerospace & Defense companies is 1.98, based on 360 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Avio SpA's current Earnings Yield (Joel Greenblatt) % of 1.25% is 36.7% 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 Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Avio SpA and its competitors. For the Aerospace & Defense industry, the median Earnings Yield (Joel Greenblatt) % is 1.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avio SpA's current Earnings Yield (Joel Greenblatt) % is 1.25%, which is 23% above median its own 10-year median of 1.02. 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 $15.70, compared to a current price of $34.42 — trading 119.3% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 1.25%, which is 23% above median its 10-year median of 1.02 and 36.7% below the Aerospace & Defense industry median of 1.98. 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 Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Avio SpA (AVVOF), the current Earnings Yield (Joel Greenblatt) % is 1.25% 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 $34.42 is trading 119.3% above its estimated GF Value™ of $15.70.
GuruFocus considers Avio SpA to be Significantly Overvalued.
Key valuation signals for AVVOF:
Earnings Yield (Joel Greenblatt) %: 1.25% (23% above median its 10-year median of 1.02)
GF Value™: $15.70 vs. price of $34.42 (119.3% above fair value)
Industry Position: 36.7% below the Aerospace & Defense median (#217 of 360)
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 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
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
AVVOF has been successfully added to your 
