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Leonardo SpAFINMF +3.79%79 EV-to-EBIT is 14.65 as of Jul. 19, 2026, which is 42% above its 10-year median of 10.32. GuruFocus rates FINMF with a GF Score™ of 79/100 and a GF Value™ of $35.04 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 253 Aerospace & Defense companies, Leonardo SpA ranks better than 77.08% on this metric.
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Leonardo SpA's Enterprise Value for the quarter that ended in Mar. 2026 was $38,306 Mil.
Leonardo SpA's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,290 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.
Leonardo SpA EV-to-EBIT Related Terms
Leonardo SpA EV-to-EBIT Historical Data
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The historical data trend for Leonardo SpA's EV-to-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.
For the Aerospace & Defense subindustry, Leonardo 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.
Leonardo SpA EV-to-EBIT vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Leonardo SpA's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Leonardo SpA's EV-to-EBIT falls into.
Leonardo SpA's current Enterprise Value is $33,565 Mil.
Leonardo SpA's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,290 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.
Leonardo SpA (FINMF) has a EV-to-EBIT of 14.65 as of Jul. 19, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Leonardo SpA and its competitors. This is 42% above median its historical median of 10.32. Over the past decade, Leonardo SpA's EV-to-EBIT has ranged from 3.00 to 20.65. According to the industry distribution chart, Leonardo SpA ranks #58 out of 253 companies in the Aerospace & Defense industry, placing it in the top 22.9%.
Is Leonardo SpA's EV-to-EBIT too high?
Leonardo SpA's current EV-to-EBIT of 14.65 is 42% above median its 10-year median of 10.32. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 20.65. The Aerospace & Defense industry median EV-to-EBIT is 27.38. Leonardo SpA's value of 14.65 is 46.5% below this industry median. Based on the distribution chart, Leonardo SpA ranks #58 out of 253 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Leonardo SpA has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Leonardo SpA's EV-to-EBIT compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Leonardo SpA ranks #58 out of 253 companies for EV-to-EBIT. This places Leonardo SpA in the top 23% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 27.38. Leonardo SpA's value of 14.65 is 46.5% below this benchmark. Historically, Leonardo SpA's own EV-to-EBIT has ranged from 3.00 to 20.65 over the past decade. While the company's 10-year median is 10.32 vs. the industry median of 27.38, Leonardo 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 EV-to-EBIT for an Aerospace & Defense company?
The median EV-to-EBIT among Aerospace & Defense companies is 27.38, based on 253 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Leonardo SpA's current EV-to-EBIT of 14.65 is 46.5% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Leonardo SpA and its competitors. For the Aerospace & Defense industry, the median EV-to-EBIT is 27.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leonardo SpA's current EV-to-EBIT is 14.65, which is 42% above median its own 10-year median of 10.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leonardo SpA stock overvalued right now?
Based on GuruFocus' analysis, Leonardo SpA (FINMF) is currently considered Significantly Overvalued. The stock's GF Value™ is $35.04, compared to a current price of $58.80 — trading 67.8% above its estimated fair value. The current EV-to-EBIT is 14.65, which is 42% above median its 10-year median of 10.32 and 46.5% below the Aerospace & Defense industry median of 27.38. Leonardo SpA's overall GF Score™ is 79/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Leonardo SpA (FINMF), the current EV-to-EBIT is 14.65 as of Jul. 19, 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 Leonardo SpA (FINMF) Overvalued in 2026?
Based on GuruFocus' analysis, Leonardo SpA stock appears to be overvalued.
The current stock price of $58.80 is trading 67.8% above its estimated GF Value™ of $35.04.
GuruFocus considers Leonardo SpA to be Significantly Overvalued.
Key valuation signals for FINMF:
EV-to-EBIT: 14.65 (42% above median its 10-year median of 10.32)
GF Value™: $35.04 vs. price of $58.80 (67.8% above fair value)
Industry Position: 46.5% below the Aerospace & Defense median (#58 of 253)
No single metric tells the full story. See the FINMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leonardo is a leading European security firm, with 30.2% of shares owned by the Italian government. Divisions include helicopters, defence electronics & security, aeronautics, cyber & security solutions, and space.The helicopter division serves both military and civil markets. Defence electronics & security accesses the US market through the Leonardo DRS subsidiary. Aeronautics integrates aircraft and aerostructures, participating in major programs like Eurofighter, F-35, and the Global Combat Air Programme, or GCAP. It also supplies large structural components to major commercial aircraft programs. Leonardo is currently evolving from a defense firm into a data-driven global security company.
79GF Score
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