Leonardo SpA
MIL:LDO

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Leonardo SpA
MIL:LDO
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Price: 50.52 EUR 1.79% Market Closed
Market Cap: 29.2B EUR
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Relative Value

The Relative Value of one LDO stock under the Base Case scenario is 60.96 EUR. Compared to the current market price of 50.52 EUR, Leonardo SpA is Undervalued by 17%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

LDO Relative Value
Base Case
60.96 EUR
Undervaluation 17%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.1
P/S
P/S
Price to Sales
1.1
vs History
7
vs Industry
80
Median 3Y
0.6
Median 5Y
0.3
Industry
4.5
Forward
1.5
More Details
18.4
P/E
P/E
Price to Earnings
18.4
vs History
7
vs Industry
52
Median 3Y
8.8
Median 5Y
8.6
Industry
35.1
Forward
27.8
More Details
18.9
P/OCF
P/OCF
Price to OCF
18.9
vs History
6
vs Industry
35
Median 3Y
9.7
Median 5Y
5.3
Industry
20.3
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
17
Median 3Y
-6.6
Median 5Y
-1.2
Industry
31.1
More Details
3.2
P/B
P/B
Price to Book Value
3.2
vs History
6
vs Industry
44
Median 3Y
1.5
Median 5Y
0.9
Industry
4.2
More Details
1.1
EV/S
EV/S
Enterprise Value to Sales
1.1
vs History
7
vs Industry
80
Median 3Y
0.6
Median 5Y
0.4
Industry
4.6
Forward
1.5
More Details
3.6
EV/GP
EV/GP
Enterprise Value to Gross Profit
3.6
vs History
6
vs Industry
75
Median 3Y
2
Median 5Y
1.4
Industry
14.2
More Details
10.4
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
10.4
vs History
12
vs Industry
38
Median 3Y
8
Median 5Y
5.9
Industry
20.2
Forward
12.7
More Details
14.4
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
14.4
vs History
11
vs Industry
46
Median 3Y
9.4
Median 5Y
6.8
Industry
27.3
Forward
18.6
More Details
19
EV/OCF
EV/OCF
Enterprise Value to OCF
19
vs History
7
vs Industry
36
Median 3Y
10.2
Median 5Y
7.1
Industry
21.6
More Details
45.3
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
45.3
vs History
11
vs Industry
14
Median 3Y
27.8
Median 5Y
22
Industry
26.2
More Details
1.4
EV/IC
EV/IC
Enterprise Value to IC
1.4
vs History
4
vs Industry
71
Median 3Y
0.5
Median 5Y
0.5
Industry
2.9
More Details

Multiples Across Competitors

LDO Competitors Multiples
Leonardo SpA Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
IT
Leonardo SpA
MIL:LDO
29.1B EUR 1.1 18.4 10.4 14.4
US
Raytheon Technologies Corp
NYSE:RTX
237.3B USD 2.8 36 20.8 31.3
US
RTX Corp
LSE:0R2N
233.4B USD 2.7 35.4 20.5 30.9
NL
Airbus SE
PAR:AIR
164.2B EUR 2.3 32.4 19.2 29.1
US
Boeing Co
NYSE:BA
147.8B USD 1.8 -14.5 -26.1 -20.1
FR
Safran SA
PAR:SAF
126.2B EUR 4.3 29.2 21.2 27.6
UK
Rolls-Royce Holdings PLC
LSE:RR
96.3B GBP 4.9 16.6 22.7 28.9
US
Lockheed Martin Corp
NYSE:LMT
105.4B USD 1.4 25.1 15.6 19.9
US
General Dynamics Corp
NYSE:GD
93.5B USD 1.8 22.2 16.1 18.9
DE
Rheinmetall AG
XETRA:RHM
80.1B EUR 7.5 97.4 42.5 56.2
US
Howmet Aerospace Inc
NYSE:HWM
83.3B USD 10.4 57.5 37.6 42.9
P/E Multiple
Earnings Growth PEG
IT
Leonardo SpA
MIL:LDO
Average P/E: 37
18.4
11%
1.7
US
Raytheon Technologies Corp
NYSE:RTX
36
29%
1.2
US
RTX Corp
LSE:0R2N
35.4
29%
1.2
NL
Airbus SE
PAR:AIR
32.4
22%
1.5
US
Boeing Co
NYSE:BA
Negative Multiple: -14.5 N/A N/A
FR
Safran SA
PAR:SAF
29.2
N/A N/A
UK
Rolls-Royce Holdings PLC
LSE:RR
16.6
8%
2.1
US
Lockheed Martin Corp
NYSE:LMT
25.1
11%
2.3
US
General Dynamics Corp
NYSE:GD
22.2
11%
2
DE
Rheinmetall AG
XETRA:RHM
97.4
61%
1.6
US
Howmet Aerospace Inc
NYSE:HWM
57.5
22%
2.6
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
IT
Leonardo SpA
MIL:LDO
Average EV/EBITDA: 22.7
10.4
11%
0.9
US
Raytheon Technologies Corp
NYSE:RTX
20.8
17%
1.2
US
RTX Corp
LSE:0R2N
20.5
17%
1.2
NL
Airbus SE
PAR:AIR
19.2
19%
1
US
Boeing Co
NYSE:BA
Negative Multiple: -26.1 N/A N/A
FR
Safran SA
PAR:SAF
21.2
15%
1.4
UK
Rolls-Royce Holdings PLC
LSE:RR
22.7
15%
1.5
US
Lockheed Martin Corp
NYSE:LMT
15.6
10%
1.6
US
General Dynamics Corp
NYSE:GD
16.1
8%
2
DE
Rheinmetall AG
XETRA:RHM
42.5
41%
1
US
Howmet Aerospace Inc
NYSE:HWM
37.6
17%
2.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
IT
Leonardo SpA
MIL:LDO
Average EV/EBIT: 30
14.4
18%
0.8
US
Raytheon Technologies Corp
NYSE:RTX
31.3
30%
1
US
RTX Corp
LSE:0R2N
30.9
30%
1
NL
Airbus SE
PAR:AIR
29.1
26%
1.1
US
Boeing Co
NYSE:BA
Negative Multiple: -20.1 N/A N/A
FR
Safran SA
PAR:SAF
27.6
18%
1.5
UK
Rolls-Royce Holdings PLC
LSE:RR
28.9
21%
1.4
US
Lockheed Martin Corp
NYSE:LMT
19.9
11%
1.8
US
General Dynamics Corp
NYSE:GD
18.9
10%
1.9
DE
Rheinmetall AG
XETRA:RHM
56.2
45%
1.2
US
Howmet Aerospace Inc
NYSE:HWM
42.9
18%
2.4

See Also

Summary
LDO intrinsic value, competitors valuation, and company profile.
DCF Valuation
LDO stock valuation using Discount Cash Flow valuation method.
Relative Valuation
LDO stock valuation using valuation multiples.
Wall Street Estimates
LDO price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
LDO stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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