AVVOF (Avio SpA) ROCE %: 8.93% (As of Dec. 2025)

What is Avio SpA ROCE %?

Avio SpA AVVOF -4.41% 53 ROCE % is 8.93% as of Dec. 2025. GuruFocus rates AVVOF with a GF Score™ of 53/100 and a GF Value™ of $15.96 (Significantly Overvalued). The stock has 6 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Avio SpA's annualized ROCE % for the quarter that ended in Dec. 2025 was 8.93%.

Avio SpA (OTCPK:AVVOF) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Avio SpA ROCE % Related Terms

Avio SpA ROCE % Historical Data

* Premium members only.

The historical data trend for Avio SpA's ROCE % 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 ROCE % Chart

Avio SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

Get a 7-Day Free Trial

1.75

0.48

1.72

2.07

2.45

Avio SpA Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25
ROCE %	Get a 7-Day Free Trial															9.97	0.00	0.00	0.12	8.93

53GF Score

Avio SpA AVVOF

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Avio SpA ROCE % Calculation

Avio SpA's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	15.703	/	( ( (1143.853 - 762.385)	+	(1948.55 - 1048.23) )	/ 2 )
	=	15.703	/	( (381.468	+	900.32)	/ 2 )
	=	15.703	/	640.894
	=	2.45 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2025 )		(Q: Sep. 2025 )		(Q: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2025 )		(Q: Sep. 2025 )		(Q: Dec. 2025 )
	=	59.608	/	( ( (1259.773 - 824.798)	+	(1948.55 - 1048.23) )	/ 2 )
	=	59.608	/	( ( 434.975	+	900.32 )	/ 2 )
	=	59.608	/	667.6475
	=	8.93 %

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

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 8.93% mean?

Avio SpA (AVVOF) has a ROCE % of 8.93% as of Dec. 2025.

Is Avio SpA's ROCE % too high?

Avio SpA's current ROCE % is 8.93%. The Aerospace & Defense industry median ROCE % is 6.29. Avio SpA's value of 8.93% is 42% above this industry median. 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 ROCE % compare to GE and RTX?

Avio SpA's ROCE % of 8.93% can be compared against companies in the Aerospace & Defense industry. The industry median ROCE % is 6.29. Avio SpA's value of 8.93% is 42% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for an Aerospace & Defense company?

The median ROCE % among Aerospace & Defense companies is 6.29, based on 350 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Avio SpA's current ROCE % of 8.93% is 42% 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 ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Aerospace & Defense industry, the median ROCE % is 6.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avio SpA's current ROCE % is 8.93%. 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 $15.96, compared to a current price of $34.87 — trading 118.5% above its estimated fair value. The current ROCE % is 8.93% and 42% above the Aerospace & Defense industry median of 6.29. 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 ROCE % calculated?

ROCE % is calculated from a company's financial statements. For Avio SpA (AVVOF), the current ROCE % is 8.93% 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 $34.87 is trading 118.5% above its estimated GF Value™ of $15.96. GuruFocus considers Avio SpA to be Significantly Overvalued.

Key valuation signals for AVVOF:

ROCE %: 8.93%
GF Value™: $15.96 vs. price of $34.87 (118.5% above fair value)
GF Score™: 53/100 with 6 warning signs
Industry Position: 42% above the Aerospace & Defense median

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 Business Description

Industry Industrials Aerospace & Defense

Comparable Companies MIL:OS MIL:PAG MIL:ELB MIL:FCT GE RTX BA XPAR:AIR LSE:RR.XPAR:SAF LMT HWM GD RKLB NOC LSE:BA.TDG XTER:RHM LHX XPAR:HO

Other Exchanges AVVSY:USA AVIO:Italy AVIOm:UK 0R9S:UK 2ZP:Germany

Address Via Latina, snc (SP 600 Ariana km 5,2, Colleferro, Rome, ITA, 00034

Website https://www.avio.com

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

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

$34.87

Price

$15.96

GF Value

View AVVOF Analysis

See ROCE % data for all stocks →