FINMF (Leonardo SpA) ROE % Adjusted to Book Value: 1.98% (As of Mar. 2026)


FINMF Leonardo SpA FINMF
84 GF Score
Price $52.92
GF Value $34.91
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Leonardo SpA ROE % Adjusted to Book Value?

Leonardo SpA FINMF -4.41% 84 ROE % Adjusted to Book Value is 1.98% as of Mar. 2026. GuruFocus rates FINMF with a GF Score™ of 84/100 and a GF Value™ of $34.91 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Leonardo SpA's ROE % for the quarter that ended in Mar. 2026 was 6.66%. Leonardo SpA's PB Ratio for the quarter that ended in Mar. 2026 was 3.37. Leonardo SpA's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 1.98%.


Leonardo SpA ROE % Adjusted to Book Value Related Terms


Leonardo SpA ROE % Adjusted to Book Value Historical Data

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The historical data trend for Leonardo SpA's ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value Chart

Leonardo SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.28 20.32 8.25 7.30 4.56

Leonardo SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 5.91 1.75 2.49 7.88 1.98

FINMF vs GE, RTX, BA: ROE % Adjusted to Book Value Comparison

For the Aerospace & Defense subindustry, Leonardo SpA's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Leonardo SpA's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Leonardo SpA's ROE % Adjusted to Book Value falls into.


FINMF
84GF Score
Leonardo SpA FINMF
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Leonardo SpA ROE % Adjusted to Book Value Calculation

Leonardo SpA's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=13.91% / 3.05
=4.56%

Leonardo SpA's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=6.66% / 3.37
=1.98%

* 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 ROE % Adjusted to Book Value of 1.98% mean?
Leonardo SpA (FINMF) has a ROE % Adjusted to Book Value of 1.98% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Leonardo SpA and its competitors.
Is Leonardo SpA's ROE % Adjusted to Book Value too high?
Leonardo SpA's current ROE % Adjusted to Book Value is 1.98%. Overall, Leonardo SpA has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Leonardo SpA's ROE % Adjusted to Book Value compare to GE and RTX?
Leonardo SpA's ROE % Adjusted to Book Value of 1.98% can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for an Aerospace & Defense company?
A good ROE % Adjusted to Book Value depends on the Aerospace & Defense industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Leonardo SpA and its competitors. Leonardo SpA's current ROE % Adjusted to Book Value is 1.98%. 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 $34.91, compared to a current price of $52.92 — trading 51.6% above its estimated fair value. The current ROE % Adjusted to Book Value is 1.98%. Leonardo SpA's overall GF Score™ is 84/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Leonardo SpA (FINMF), the current ROE % Adjusted to Book Value is 1.98% 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 (FINMF) Overvalued in 2026?

Based on GuruFocus' analysis, Leonardo SpA stock appears to be overvalued. The current stock price of $52.92 is trading 51.6% above its estimated GF Value™ of $34.91. GuruFocus considers Leonardo SpA to be Significantly Overvalued.

Key valuation signals for FINMF:

  • ROE % Adjusted to Book Value: 1.98%
  • GF Value™: $34.91 vs. price of $52.92 (51.6% above fair value)
  • GF Score™: 84/100 with 1 warning sign

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 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.
84GF Score

Get the complete analysis for FINMF

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

$52.92
Price
$34.91
GF Value