Avio SpA (MIL:AVIO) Asset Turnover: 0.15 (As of Dec. 2025)


MIL:AVIO Avio SpA MIL:AVIO
72 GF Score
Price €31.67
GF Value €14.43
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Avio SpA Asset Turnover?

Avio SpA MIL:AVIO -3.47% 72 Asset Turnover is 0.15 as of Dec. 2025. 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.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Avio SpA's Revenue for the three months ended in Dec. 2025 was €207.2 Mil. Avio SpA's Total Assets for the quarter that ended in Dec. 2025 was €1,368.7 Mil. Therefore, Avio SpA's Asset Turnover for the quarter that ended in Dec. 2025 was 0.15.

Asset Turnover is linked to ROE % through Du Pont Formula. Avio SpA's annualized ROE % for the quarter that ended in Dec. 2025 was 8.11%. It is also linked to ROA % through Du Pont Formula. Avio SpA's annualized ROA % for the quarter that ended in Dec. 2025 was 2.99%.

Avio SpA  (MIL:AVIO) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Avio SpA's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=40.94/504.711
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(40.94 / 828.808)*(828.808 / 1368.6945)*(1368.6945/ 504.711)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.94 %*0.6055*2.7118
=ROA %*Equity Multiplier
=2.99 %*2.7118
=8.11 %

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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Avio SpA's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=40.94/1368.6945
=(Net Income / Revenue)*(Revenue / Total Assets)
=(40.94 / 828.808)*(828.808 / 1368.6945)
=Net Margin %*Asset Turnover
=4.94 %*0.6055
=2.99 %

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

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.

Avio SpA Asset Turnover Related Terms

Avio SpA Asset Turnover Historical Data

* Premium members only.

The historical data trend for Avio SpA's Asset Turnover 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 Asset Turnover Chart

Avio SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.30 0.29 0.45 0.42

Avio SpA Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Asset Turnover 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 0.16 0.10 0.14 0.11 0.15

MIL:AVIO vs GE, RTX, BA: Asset Turnover Comparison

For the Aerospace & Defense subindustry, Avio SpA's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Avio SpA's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Avio SpA's Asset Turnover falls into.


MIL:AVIO
72GF Score
Avio SpA MIL:AVIO
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Avio SpA Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Avio SpA's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=583.69/( (1092.38+1664.062)/ 2 )
=583.69/1378.221
=0.42

Avio SpA's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=207.202/( (1073.327+1664.062)/ 2 )
=207.202/1368.6945
=0.15

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.15 mean?
Avio SpA (MIL:AVIO) has a Asset Turnover of 0.15 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Avio SpA and its competitors.
Is Avio SpA's Asset Turnover too high?
Avio SpA's current Asset Turnover is 0.15. 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 Asset Turnover compare to GE and RTX?
Avio SpA's Asset Turnover of 0.15 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 Asset Turnover for an Aerospace & Defense company?
A good Asset Turnover depends on the Aerospace & Defense industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Avio SpA and its competitors. Avio SpA's current Asset Turnover is 0.15. 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 Asset Turnover is 0.15. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Avio SpA (MIL:AVIO), the current Asset Turnover is 0.15 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:

  • Asset Turnover: 0.15
  • GF Value™: €14.43 vs. price of €31.67 (119.5% above fair value)
  • GF Score™: 72/100 with 6 warning signs

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 Business Description

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

Get the complete analysis for MIL:AVIO

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

€31.67
Price
€14.43
GF Value