Avio SpAMIL:AVIO -3.47%72 ROA % is 2.99% as of Dec. 2025, which is 304% above its 10-year median of 0.74. 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. Among 356 Aerospace & Defense companies, Avio SpA ranks worse than 60.96% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Avio SpA's annualizedNet Income for the quarter that ended in Dec. 2025 was €40.9 Mil.
Avio SpA's average Total Assets over the quarter that ended in Dec. 2025 was €1,368.7 Mil. Therefore, Avio SpA's annualized ROA % for the quarter that ended in Dec. 2025 was 2.99%.
The historical rank and industry rank for Avio SpA's ROA % or its related term are showing as below:
MIL:AVIO'
s ROA % Range Over the Past 10 Years
Min: -0.06 Med: 0.74 Max: 3.2
Current: 0.9
During the past 12 years, Avio SpA's highest ROA % was 3.20%. The lowest was -0.06%. And the median was 0.74%.
MIL:AVIO's ROA % is ranked worse than 60.96% of 356
companies
in the Aerospace & Defense industry
Industry Median: 2.5
vs MIL:AVIO: 0.90
Avio SpA (MIL:AVIO) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Avio SpA ROA % Related Terms
Avio SpA ROA % Historical Data
* Premium members only.
The historical data trend for Avio SpA's ROA % 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 ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Avio SpA's ROA % distribution charts can be found below:
* The bar in red indicates where Avio SpA's ROA % falls into.
* 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Dec. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Avio SpA (MIL:AVIO) has a ROA % of 2.99% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Avio SpA and its competitors. This is 304% above median its historical median of 0.74. According to the industry distribution chart, Avio SpA ranks #217 out of 356 companies in the Aerospace & Defense industry, placing it in the top 61%.
Is Avio SpA's ROA % too high?
Avio SpA's current ROA % of 2.99% is 304% above median its 10-year median of 0.74. The Aerospace & Defense industry median ROA % is 2.50. Avio SpA's value of 2.99% is 19.6% above this industry median. Based on the distribution chart, Avio SpA ranks #217 out of 356 companies in the Aerospace & Defense industry, which is below the industry midpoint. 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 ROA % compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, Avio SpA ranks #217 out of 356 companies for ROA %. This places Avio SpA in the lower half of its industry. The industry median ROA % is 2.50. Avio SpA's value of 2.99% is 19.6% above this benchmark. While the company's 10-year median is 0.74 vs. the industry median of 2.50, Avio SpA has consistently been above 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 ROA % for an Aerospace & Defense company?
The median ROA % among Aerospace & Defense companies is 2.50, based on 356 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Avio SpA's current ROA % of 2.99% is 19.6% above 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Avio SpA and its competitors. For the Aerospace & Defense industry, the median ROA % is 2.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avio SpA's current ROA % is 2.99%, which is 304% above median its own 10-year median of 0.74. 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 ROA % is 2.99%, which is 304% above median its 10-year median of 0.74 and 19.6% above the Aerospace & Defense industry median of 2.50. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Avio SpA (MIL:AVIO), the current ROA % is 2.99% 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:
ROA %: 2.99% (304% above median its 10-year median of 0.74)
GF Value™: €14.43 vs. price of €31.67 (119.5% above fair value)
Industry Position: 19.6% above the Aerospace & Defense median (#217 of 356)
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 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
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