FINMY (Leonardo SpA) ROCE %: 17.72% (As of Mar. 2026)


FINMY Leonardo SpA FINMY
77 GF Score
Price $26.90
GF Value $17.77
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Leonardo SpA ROCE %?

Leonardo SpA FINMY -6.79% 77 ROCE % is 17.72% as of Mar. 2026. GuruFocus rates FINMY with a GF Score™ of 77/100 and a GF Value™ of $17.77 (Significantly Overvalued). The stock has 1 warning sign 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. Leonardo SpA's annualized ROCE % for the quarter that ended in Mar. 2026 was 17.72%.

Leonardo SpA  (OTCPK:FINMY) 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.

Leonardo SpA ROCE % Related Terms

Leonardo SpA ROCE % Historical Data

* Premium members only.

The historical data trend for Leonardo 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.

Leonardo SpA ROCE % Chart

Leonardo SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.18 8.13 7.27 10.90 12.36

Leonardo SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 14.61 36.78 25.08 65.05 17.72
FINMY
77GF Score
Leonardo SpA FINMY
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Leonardo SpA ROCE % Calculation

Leonardo 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 )
=2043.326/( ( (35259.686 - 19690.052) + (40408.665 - 22927.4) )/ 2 )
=2043.326/( (15569.634+17481.265)/ 2 )
=2043.326/16525.4495
=12.36 %

Leonardo SpA's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1160.692/( ( (40408.665 - 22927.4) + (0 - 4382.659) )/ 2 )
=1160.692/( ( 17481.265 + -4382.659 )/ 2 )
=1160.692/6549.303
=17.72 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 17.72% mean?
Leonardo SpA (FINMY) has a ROCE % of 17.72% as of Mar. 2026.
Is Leonardo SpA's ROCE % too high?
Leonardo SpA's current ROCE % is 17.72%. The Aerospace & Defense industry median ROCE % is 6.29. Leonardo SpA's value of 17.72% is 181.7% above this industry median. Overall, Leonardo SpA has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Leonardo SpA's ROCE % compare to GE and RTX?
Leonardo SpA's ROCE % of 17.72% can be compared against companies in the Aerospace & Defense industry. The industry median ROCE % is 6.29. Leonardo SpA's value of 17.72% is 181.7% 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. Leonardo SpA's current ROCE % of 17.72% is 181.7% 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. Leonardo SpA's current ROCE % is 17.72%. 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 (FINMY) is currently considered Significantly Overvalued. The stock's GF Value™ is $17.77, compared to a current price of $26.90 — trading 51.4% above its estimated fair value. The current ROCE % is 17.72% and 181.7% above the Aerospace & Defense industry median of 6.29. Leonardo SpA's overall GF Score™ is 77/100 with 1 warning sign 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 Leonardo SpA (FINMY), the current ROCE % is 17.72% as of Mar. 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 (FINMY) Overvalued in 2026?

Based on GuruFocus' analysis, Leonardo SpA stock appears to be overvalued. The current stock price of $26.90 is trading 51.4% above its estimated GF Value™ of $17.77. GuruFocus considers Leonardo SpA to be Significantly Overvalued.

Key valuation signals for FINMY:

  • ROCE %: 17.72%
  • GF Value™: $17.77 vs. price of $26.90 (51.4% above fair value)
  • GF Score™: 77/100 with 1 warning sign
  • Industry Position: 181.7% above the Aerospace & Defense median

No single metric tells the full story. See the FINMY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Leonardo SpA Business Description

Address Piazza Monte Grappa 4, Rome, ITA, 00195
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.
77GF Score

Get the complete analysis for FINMY

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

$26.90
Price
$17.77
GF Value