Avio SpA (MIL:AVIO) EBIT: €12.8 Mil (TTM As of Dec. 2025)


MIL:AVIO Avio SpA MIL:AVIO
72 GF Score
Price €31.67
GF Value €14.43
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Avio SpA EBIT?

Avio SpA MIL:AVIO -3.47% 72 EBIT is €12.8 Mil as of Dec. 2025. GuruFocus rates MIL:AVIO with a GF Score™ of 72/100 and a GF Value™ of €14.43 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Avio SpA's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was €12.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €12.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Avio SpA's annualized ROC % for the quarter that ended in Dec. 2025 was 3.15%. Avio SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 25.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Avio SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 1.09%.

Avio SpA  (MIL:AVIO) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Avio SpA's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=41.44 * ( 1 - 11.06% )/( (1078.008 + 1265.211)/ 2 )
=36.856736/1171.6095
=3.15 %

where

Invested Capital(Q: Sep. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1073.327 - 122.559 - ( 58.379 - max(0, 702.728 - 575.488+58.379))
=1078.008

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1664.062 - 150.862 - ( 291.846 - max(0, 895.188 - 1143.177+291.846))
=1265.211

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Avio SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=50.904/( ( (191.583 + max(-368.681, 0)) + (205.911 + max(-242.967, 0)) )/ 2 )
=50.904/( ( 191.583 + 205.911 )/ 2 )
=50.904/198.747
=25.61 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.184 + 154.465 + 171.654) - (122.559 + 0 + 576.425)
=-368.681

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.613 + 148.55 + 494.78) - (150.862 + 0 + 741.048)
=-242.967

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Avio SpA's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=12.837/1180.021
=1.09 %

* 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 EBIT Related Terms

Avio SpA EBIT Historical Data

* Premium members only.

The historical data trend for Avio SpA's EBIT 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 EBIT Chart

Avio SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.00 2.27 7.33 8.39 13.41

Avio SpA Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
EBIT 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 9.08 0.00 0.00 0.11 12.73

MIL:AVIO vs GE, RTX, BA: EBIT Comparison

For the Aerospace & Defense subindustry, Avio SpA's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Aerospace & Defense Industry

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

* The bar in red indicates where Avio SpA's EV-to-EBIT falls into.


MIL:AVIO
72GF Score
Avio SpA MIL:AVIO
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Avio SpA EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

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 €12.8 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €12.8 Mil mean?
Avio SpA (MIL:AVIO) has a EBIT of €12.8 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Avio SpA.
Is Avio SpA's EBIT too high?
Avio SpA's current EBIT is €12.8 Mil. Overall, Avio SpA has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Avio SpA's EBIT compare to GE and RTX?
Avio SpA's EBIT of €12.8 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Aerospace & Defense company?
A good EBIT depends on the Aerospace & Defense industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Avio SpA. Avio SpA's current EBIT is €12.8 Mil. 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 (MIL:AVIO) is currently considered Significantly Overvalued. The stock's GF Value™ is €14.43, compared to a current price of €31.67 — trading 119.5% above its estimated fair value. The current EBIT is €12.8 Mil. Avio SpA's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Avio SpA (MIL:AVIO), the current EBIT is €12.8 Mil 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 (MIL:AVIO) Overvalued in 2026?

Based on GuruFocus' analysis, Avio SpA stock appears to be overvalued. The current stock price of €31.67 is trading 119.5% above its estimated GF Value™ of €14.43. GuruFocus considers Avio SpA to be Significantly Overvalued.

Key valuation signals for MIL:AVIO:

  • EBIT: €12.8 Mil
  • GF Value™: €14.43 vs. price of €31.67 (119.5% above fair value)
  • GF Score™: 72/100 with 6 warning signs

No single metric tells the full story. See the MIL:AVIO 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.
72GF Score

Get the complete analysis for MIL:AVIO

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

€31.67
Price
€14.43
GF Value