Leonardo SpA
OTC:FINMF
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EV/S
Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.
Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.
Valuation Scenarios
If EV/S returns to its 3-Year Average (0.6), the stock would be worth $26.4 (58% downside from current price).
| Scenario | EV/S Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 1.5 | $62.36 |
0%
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| 3-Year Average | 0.6 | $26.4 |
-58%
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| 5-Year Average | 0.5 | $20.99 |
-66%
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| Industry Average | 1.2 | $52.41 |
-16%
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| Country Average | 1.5 | $64.54 |
+3%
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Forward EV/S
Today’s price vs future revenue
| Today's Enterprise Value | Revenue | Forward EV/S | ||
|---|---|---|---|---|
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$35.6B
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/ |
Jan 2026
€19.5B
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= |
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$35.6B
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/ |
Dec 2026
€21.5B
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= |
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$35.6B
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/ |
Dec 2027
€23.4B
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= |
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$35.6B
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/ |
Dec 2028
€25.5B
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= |
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$35.6B
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/ |
Dec 2029
€28.6B
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= |
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$35.6B
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/ |
Dec 2030
€30.9B
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= |
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$35.6B
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/ |
Dec 2031
€32.9B
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= |
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$35.6B
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/ |
Dec 2032
€34.2B
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= |
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$35.6B
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/ |
Dec 2033
€34.4B
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= |
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Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.
Peer Comparison
| Market Cap | EV/S | P/E | ||||
|---|---|---|---|---|---|---|
| IT |
|
Leonardo SpA
OTC:FINMF
|
30.4B USD | 1.5 | 24.8 | |
| US |
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Raytheon Technologies Corp
NYSE:RTX
|
233.5B USD | 2.9 | 32.2 | |
| US |
|
RTX Corp
LSE:0R2N
|
236.3B USD | 2.9 | 32.6 | |
| US |
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Boeing Co
NYSE:BA
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182.3B USD | 2.2 | 94.8 | |
| NL |
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Airbus SE
PAR:AIR
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130.3B EUR | 1.7 | 25 | |
| FR |
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Safran SA
PAR:SAF
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114.2B EUR | 3.6 | 15.9 | |
| UK |
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Rolls-Royce Holdings PLC
LSE:RR
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95.4B GBP | 4.3 | 16.3 | |
| US |
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Lockheed Martin Corp
NYSE:LMT
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117.6B USD | 1.8 | 24.5 | |
| US |
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Howmet Aerospace Inc
NYSE:HWM
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97.1B USD | 12 | 64.5 | |
| US |
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General Dynamics Corp
NYSE:GD
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84.5B USD | 1.7 | 20.1 | |
| UK |
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BAE Systems PLC
LSE:BA
|
61.1B GBP | 2.3 | 29.6 |
Market Distribution
| Min | 0.1 |
| 30th Percentile | 0.8 |
| Median | 1.5 |
| 70th Percentile | 2.9 |
| Max | 54 933.7 |
Other Multiples
Leonardo SpA
Glance View
In the arena of global aerospace, defense, and security, Leonardo SpA stands as a nuanced behemoth, weaving technology and innovation into its core operations. Born from the rich Italian legacy of engineering and craftsmanship, Leonardo has evolved significantly from its origins in defense manufacturing to a multi-faceted corporation with interests spanning from helicopters and aircraft to space systems and cyber security. At its heart, the company is a mastermind of complex systems integration, delivering cutting-edge solutions to military forces and civil authorities around the world. With a strategic focus on high technology and emphasis on R&D, Leonardo not only develops but also maintains and enhances sophisticated platforms such as the Eurofighter Typhoon, a multirole fighter aircraft, and works on international collaborations that place it at the forefront of defense capabilities and aerospace advancements. Leonardo’s revenue streams are as diversified as its product offerings, benefiting from a balanced mix of government and commercial contracts. The company capitalizes on its prime contractor status in numerous defense and aerospace projects, deriving substantial income from the sale of military helicopters, aerostructures, and land and naval defense electronics. Additionally, Leonardo taps into the rising demand for cybersecurity and digitalized battlefield spaces, offering integrated solutions that protect critical information and systems against evolving threats. Its significant investments in research and collaborations allow Leonardo to stay ahead of technological trends, ensuring steady growth and leadership in an industry where innovation is both a necessity and a competitive advantage. As it navigates the future, Leonardo remains a testament to the power of diversification built on a foundation of technological excellence and strategic foresight.