Avioane Craiova (BSE:AVIO) Intrinsic Value: DCF (Earnings Based): lei (As of Sep. 09, 2026)

Author: Vera Yuan Vera Yuan
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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.
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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.

BSE:AVIO Avioane Craiova SA BSE:AVIO
22 GF Score
Price lei2.45
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What is Avioane Craiova Intrinsic Value: DCF (Earnings Based)?

Avioane Craiova BSE:AVIO -3.92% 22 Intrinsic Value: DCF (Earnings Based) is lei as of Sep. 09, 2026. GuruFocus rates BSE:AVIO with a GF Score™ of 22/100. Among 35 Aerospace & Defense companies, Avioane Craiova ranks worse than 2857140% on this metric.

As of today (2026-09-09), Avioane Craiova's intrinsic value calculated from the Discounted Earnings model is lei.

Note: Discounted Earnings model is only suitable for predictable companies (Business Predictability Rank higher than 1-Star). If the company's predictability rank is 1-Star or Not Rated, result may not be accurate due to the low predictability of business and the data will not be stored into our database.

Avioane Craiova's Predictability Rank is Not Rated. Thus, this page is only used for demonstration purposes and the DCF related results in the screener and portfolio will appear as zero.

Margin of Safety (Earnings Based) using Discounted Earnings model for Avioane Craiova is

The historical rank and industry rank for Avioane Craiova's Intrinsic Value: DCF (Earnings Based) or its related term are showing as below:

BSE:AVIO's Price-to-DCF (Earnings Based) is not ranked *
in the Aerospace & Defense industry.
Industry Median: 1.89
* Ranked among companies with meaningful Price-to-DCF (Earnings Based) only.

Avioane Craiova  (BSE:AVIO) Intrinsic Value: DCF (Earnings Based) Explanation

Unlike valuation methods such as Net Current Asset Value, Tangible Book Value per Share, Graham Number, Median Ratio etc, discounted Cash Flow model evaluates the companies based on their future earnings power instead of their assets.


Be Aware

What you need to know about Discounted Earnings model:

1. The Discounted Earnings model evaluates a company based on its future earnings power
2. Growth is taken into account; therefore a faster growth company is worth more if everything else is the same.
3. Since we are projecting future growth, it is assumed that the company will grow at the same rate as it did during the past 10 years. Therefore this model works better for the companies that are relatively consistent performers.
4. The Discounted Earnings model works poorly for inconsistent performers like cyclicals.
5. Your expected return from the investment is a reasonable discount rate assumption.
6. A larger margin of safety should be required for companies with less predictable businesses.

You can screen for stocks that trade below their Intrinsic Value: DCF (FCF Based) and Intrinsic Value: DCF (Earnings Based) with the GuruFocus All-in-One Screener. Companies with a high Predictability Rank that trade at a discount to their Intrinsic Value: DCF (FCF Based) and Intrinsic Value: DCF (Earnings Based) can be found in the screen of Undervalued Predictable Companies.


Avioane Craiova Intrinsic Value: DCF (Earnings Based) Related Terms


Avioane Craiova Intrinsic Value: DCF (Earnings Based) Historical Data

* Premium members only.

The historical data trend for Avioane Craiova's Intrinsic Value: DCF (Earnings Based) 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.

Avioane Craiova Intrinsic Value: DCF (Earnings Based) Chart

Avioane Craiova Annual Data
Trend
Intrinsic Value: DCF (Earnings Based)

Avioane Craiova Semi-Annual Data
Intrinsic Value: DCF (Earnings Based)

BSE:AVIO vs : Intrinsic Value: DCF (Earnings Based) Comparison

For the Aerospace & Defense subindustry, Avioane Craiova's Price-to-DCF (Earnings Based), along with its competitors' market caps and Price-to-DCF (Earnings Based) 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.


Avioane Craiova Price-to-DCF (Earnings Based) vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Avioane Craiova's Price-to-DCF (Earnings Based) distribution charts can be found below:

* The bar in red indicates where Avioane Craiova's Price-to-DCF (Earnings Based) falls into.


BSE:AVIO
22GF Score
Avioane Craiova SA BSE:AVIO
Intrinsic Value: DCF (Earnings Based) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avioane Craiova Intrinsic Value: DCF (Earnings Based) Calculation

This is the intrinsic value calculated from the Discounted Earnings model with default parameters. The calculation method is the same as Discounted Cash Flow model except earnings are used in the calculation instead of free cash flow. This is the default method of calculation with GuruFocus DCF calculator.

Usually a two-stage model is used in calculating the intrinsic value with discounted cash flow model. The first stage is called growth stage; the second is called the terminal stage. In the growth stage the company grows at a faster rate. Because it cannot grow at that rate forever, a lower rate is used for the terminal stage.

GuruFocus DCF calculator is a two-stage model. The default values are defined as:

1. Discount Rate: d = 11%
A reasonable discount rate assumption should be at least the long term average return of the stock market, which can be estimated from risk free rate plus risk premium of stock market. GuruFocus uses 10-Year Treasury Constant Maturity Rate as the risk-free rate and rounded up to the nearest integer. It is updated daily. The current risk-free rate is 4.85%. Please go to Economic Indicators page for more information. Please note that we use the 10-Year Treasury Constant Maturity Rate of the country/region where the company is headquartered. If the data for that country/region is not available, then we will use the 10-Year Treasury Constant Maturity Rate of the United States as default. Then we added a risk premium of 6% to get the estimated discount rate. Some investors use their expected rate of return, which is also reasonable. A typical discount rate can be anywhere between 6% - 20%.

2. Growth Rate in the growth stage: g1 = %
The Growth Rate in the growth stage is initially set as the default 10-Year EPS without NRI Growth Rate. In cases where the 10-year growth rate is unavailable, it defaults to using the 5-Year EPS without NRI Growth Rate. If both the 10-year and 5-year growth rates are unavailable, the system defaults to the 3-Year EPS without NRI Growth Rate.
However, it's important to note that there is a growth rate range. If the calculated growth rate exceeds 20%, it will be capped at 20%. Conversely, if the calculated growth rate falls below 5%, it will be adjusted to 5% to maintain a reasonable range.
=>

3. Years of Growth Stage: y1 = 10

4. Terminal Growth Rate: g2 = 4%

5. Years of Terminal Growth: y2 = 10

6. EPS without NRI: eps without nri = lei.
GuruFocus DCF calculator is actually a Discounted Earnings calculator, EPS without NRI is used as the default. The reason we are doing this is we found that historically stock prices are more correlated with earnings than free cash flow.

All of the default settings can be changed and the results are calculated automatically.

Avioane Craiova's Intrinsic Value: DCF (Earnings Based) for today is calculated as:

Intrinsic Value: DCF (Earnings Based)=EPS without NRI*{[(1+g1)/(1+d)+(1+g1)^2/(1+d)^2+...+(1+g1)^10/(1+d)^10]
+(1+g1)^10/(1+d)^10*[(1+g2)/(1+d)+(1+g2)^2/(1+d)^2+...+(1+g2)^10/(1+d)^10]}

set x = (1+g1)/(1+d) = (1+)/(1+0.11) =
and y = (1+g2)/(1+d) = (1+)/(1+0.11) =

Intrinsic Value: DCF (Earnings Based)=EPS without NRI*{[x+x^2+...+x^10]+x^10*[y+y^2+...+y^10]}
=EPS without NRI*[x*(1-x^10)/(1-x)+x^10*y*(1-y^10)/(1-y)]
=*
=

Margin of Safety % (DCF Earnings Based)=(Intrinsic Value: DCF (Earnings Based)-Current Price)/Intrinsic Value: DCF (Earnings Based)
=(-2.45)/

* 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 Intrinsic Value: DCF (Earnings Based) of lei mean?
Avioane Craiova (BSE:AVIO) has a Intrinsic Value: DCF (Earnings Based) of lei as of Sep. 09, 2026. Intrinsic Value: DCF (Earnings Based) is the stock value based on a two-stage discounted earnings model. View historical data on Avioane Craiova and its competitors. According to the industry distribution chart, Avioane Craiova ranks #999999 out of 35 companies in the Aerospace & Defense industry.
Is Avioane Craiova's Intrinsic Value: DCF (Earnings Based) too high?
Avioane Craiova's current Intrinsic Value: DCF (Earnings Based) is lei. Based on the distribution chart, Avioane Craiova ranks #999999 out of 35 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Avioane Craiova has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Avioane Craiova's Intrinsic Value: DCF (Earnings Based) compare to ?
According to the Aerospace & Defense industry distribution chart, Avioane Craiova ranks #999999 out of 35 companies for Intrinsic Value: DCF (Earnings Based). This places Avioane Craiova in the lower half of its industry. The industry median Intrinsic Value: DCF (Earnings Based) is 1.89. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: DCF (Earnings Based) for an Aerospace & Defense company?
The median Intrinsic Value: DCF (Earnings Based) among Aerospace & Defense companies is 1.89, based on 35 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: DCF (Earnings Based) significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: DCF (Earnings Based) 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 Intrinsic Value: DCF (Earnings Based) mean?
A high Intrinsic Value: DCF (Earnings Based) can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: DCF (Earnings Based) is the stock value based on a two-stage discounted earnings model. View historical data on Avioane Craiova and its competitors. For the Aerospace & Defense industry, the median Intrinsic Value: DCF (Earnings Based) is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avioane Craiova's current Intrinsic Value: DCF (Earnings Based) is lei. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avioane Craiova stock overvalued right now?
Avioane Craiova (BSE:AVIO) has a current Intrinsic Value: DCF (Earnings Based) of lei. The current Intrinsic Value: DCF (Earnings Based) is lei. Avioane Craiova's overall GF Score™ is 22/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: DCF (Earnings Based) calculated?
Intrinsic Value: DCF (Earnings Based) is calculated from a company's financial statements. For Avioane Craiova (BSE:AVIO), the current Intrinsic Value: DCF (Earnings Based) is lei as of Sep. 09, 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.

Avioane Craiova Business Description

Comparable Companies
Address 10, Aviatorilor Street, Ghercesti, Dolj County, Craiova, ROU, 207280
Avioane Craiova SA is engaged in developing, manufacturing, and providing product support of military aircraft to the Romanian Air Force. Its business activities are divided into three divisions including Trainer Aircraft manufacturer, Maintenance, Repair, and Overhaul of Military aircraft, and Industrial products manufacturer. The company offers products and services to military aviation and civil aviation. Its service offerings include structural repairs, manufacturing and replacement of the optical transparencies; re-manufacturing and replacement of tubing, Re-manufacturing and replacement of electrical and electronic wiring, and re-painting services.
22GF Score

Get the complete analysis for BSE:AVIO

Intrinsic Value: DCF (Earnings Based) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

lei2.45
Price