LDO Relative Valuation - Leonardo SpA

Watchlist Manager

Watchlist

Price: 63.88 EUR 5.69% Market Closed

Market Cap: €36.9B

Relative Value

The Relative Value of one LDO stock under the Base Case scenario is 43.61 EUR. Compared to the current market price of 63.88 EUR, Leonardo SpA is Overvalued by 32%.

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.

What is Relative Valuation?

How is Relative Value calculated?

LDO Relative Value

Base Case

Overvaluation 32%

Relative Value

Price

Worst Case

Base Case

Best Case

Valuation Multiples

View Details

Multiples Across Competitors

All Multiples

P/S

P/E

EV/EBITDA

EV/EBIT

Forward Multiples

		Market Cap	P/S	P/E	EV/EBITDA	EV/EBIT
IT	Leonardo SpA MIL:LDO	36.8B EUR	1.3	23.2	18.7	18.7
US	RTX Corp LSE:0R2N	277.9B USD	3.1	41.3	22.3	32.8
US	Raytheon Technologies Corp NYSE:RTX	272.2B USD	3.1	40.4	21.8	32.1
US	Boeing Co NYSE:BA	160.9B USD	1.8	85.3	-51.3	-32.8
NL	Airbus SE PAR:AIR	135.4B EUR	1.8	25.9	14.6	22.5
US	Lockheed Martin Corp NYSE:LMT	149.7B USD	2	29.9	17.5	21.3
FR	Safran SA PAR:SAF	128.6B EUR	4.1	17.9	20.7	27.4
UK	Rolls-Royce Holdings PLC LSE:RR	110.2B GBP	5.2	18.9	20.7	24.2
US	Northrop Grumman Corp NYSE:NOC	104.9B USD	2.5	25.1	20	26.9
US	Howmet Aerospace Inc NYSE:HWM	97.7B USD	11.9	65	41.5	47
US	General Dynamics Corp NYSE:GD	95.8B USD	1.8	22.8	16.1	18.9

			Revenue Growth	P/S to Growth
IT	Leonardo SpA MIL:LDO	Average P/S: 3.5 1.3	9%	0.1
US	RTX Corp LSE:0R2N	3.1	6%	0.5
US	Raytheon Technologies Corp NYSE:RTX	3.1	6%	0.5
US	Boeing Co NYSE:BA	1.8	12%	0.2
NL	Airbus SE PAR:AIR	1.8	12%	0.2
US	Lockheed Martin Corp NYSE:LMT	2	5%	0.4
FR	Safran SA PAR:SAF	4.1	11%	0.4
UK	Rolls-Royce Holdings PLC LSE:RR	5.2	7%	0.7
US	Northrop Grumman Corp NYSE:NOC	2.5	6%	0.4
US	Howmet Aerospace Inc NYSE:HWM	11.9	12%	1
US	General Dynamics Corp NYSE:GD	1.8	5%	0.4

			Earnings Growth	PEG
IT	Leonardo SpA MIL:LDO	Average P/E: 36 23.2	13%	1.8
US	RTX Corp LSE:0R2N	41.3	18%	2.3
US	Raytheon Technologies Corp NYSE:RTX	40.4	18%	2.2
US	Boeing Co NYSE:BA	85.3	53%	1.6
NL	Airbus SE PAR:AIR	25.9	19%	1.4
US	Lockheed Martin Corp NYSE:LMT	29.9	16%	1.9
FR	Safran SA PAR:SAF	17.9	-7%	N/A
UK	Rolls-Royce Holdings PLC LSE:RR	18.9	-14%	N/A
US	Northrop Grumman Corp NYSE:NOC	25.1	3%	8.4
US	Howmet Aerospace Inc NYSE:HWM	65	20%	3.3
US	General Dynamics Corp NYSE:GD	22.8	9%	2.5

			EBITDA Growth	EV/EBITDA to Growth
IT	Leonardo SpA MIL:LDO	Average EV/EBITDA: 21.4 18.7	13%	1.4
US	RTX Corp LSE:0R2N	22.3	11%	2
US	Raytheon Technologies Corp NYSE:RTX	21.8	11%	2
US	Boeing Co NYSE:BA	Negative Multiple: -51.3	N/A	N/A
NL	Airbus SE PAR:AIR	14.6	18%	0.8
US	Lockheed Martin Corp NYSE:LMT	17.5	9%	1.9
FR	Safran SA PAR:SAF	20.7	16%	1.3
UK	Rolls-Royce Holdings PLC LSE:RR	20.7	3%	6.9
US	Northrop Grumman Corp NYSE:NOC	20	7%	2.9
US	Howmet Aerospace Inc NYSE:HWM	41.5	16%	2.6
US	General Dynamics Corp NYSE:GD	16.1	8%	2

			EBIT Growth	EV/EBIT to Growth
IT	Leonardo SpA MIL:LDO	Average EV/EBIT: 27.2 18.7	19%	1
US	RTX Corp LSE:0R2N	32.8	17%	1.9
US	Raytheon Technologies Corp NYSE:RTX	32.1	17%	1.9
US	Boeing Co NYSE:BA	Negative Multiple: -32.8	N/A	N/A
NL	Airbus SE PAR:AIR	22.5	25%	0.9
US	Lockheed Martin Corp NYSE:LMT	21.3	11%	1.9
FR	Safran SA PAR:SAF	27.4	19%	1.4
UK	Rolls-Royce Holdings PLC LSE:RR	24.2	1%	24.2
US	Northrop Grumman Corp NYSE:NOC	26.9	8%	3.4
US	Howmet Aerospace Inc NYSE:HWM	47	17%	2.8
US	General Dynamics Corp NYSE:GD	18.9	8%	2.4

Leonardo SpA
MIL:LDO

Relative Value

Valuation Multiples

Multiples Across Competitors

LDO Competitors Multiples
Leonardo SpA Competitors

See Also

Company

Help

Tools

Stocks

Leonardo SpA MIL:LDO

Relative Value

Valuation Multiples

Multiples Across Competitors

LDO Competitors Multiples Leonardo SpA Competitors

See Also

Company

Help

Tools

Stocks

Leonardo SpA
MIL:LDO

LDO Competitors Multiples
Leonardo SpA Competitors