Leonardo SpA
OTC:FINMF

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Leonardo SpA
OTC:FINMF
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Price: 62.36 USD -3.69% Market Closed
Market Cap: $35.9B

EV/S

1.5
Current
136%
More Expensive
vs 3-y average of 0.6

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.

EV/S
1.5
=
Enterprise Value
$35.6B
/
Revenue
€19.5B

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.

EV/S
1.5
=
Enterprise Value
$35.6B
/
Revenue
€19.5B

Valuation Scenarios

Leonardo SpA is trading above its 3-year average

If EV/S returns to its 3-Year Average (0.6), the stock would be worth $26.4 (58% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-66%
Maximum Upside
+3%
Average Downside
34%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 1.5 $62.36
0%
3-Year Average 0.6 $26.4
-58%
5-Year Average 0.5 $20.99
-66%
Industry Average 1.2 $52.41
-16%
Country Average 1.5 $64.54
+3%

Forward EV/S
Today’s price vs future revenue

Today's Enterprise Value Revenue Forward EV/S
$35.6B
/
Jan 2026
€19.5B
=
1.5
Current
$35.6B
/
Dec 2026
€21.5B
=
1.7
Forward
$35.6B
/
Dec 2027
€23.4B
=
1.5
Forward
$35.6B
/
Dec 2028
€25.5B
=
1.4
Forward
$35.6B
/
Dec 2029
€28.6B
=
1.2
Forward
$35.6B
/
Dec 2030
€30.9B
=
1.2
Forward
$35.6B
/
Dec 2031
€32.9B
=
1.1
Forward
$35.6B
/
Dec 2032
€34.2B
=
1
Forward
$35.6B
/
Dec 2033
€34.4B
=
1
Forward

Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
EV/S
P/E
All Countries
Close

Market Distribution

In line with most companies in Italy
Percentile
60th
Based on 906 companies
60th percentile
1.8
Low
0.1 — 0.8
Typical Range
0.8 — 2.9
High
2.9 —
Distribution Statistics
Italy
Min 0.1
30th Percentile 0.8
Median 1.5
70th Percentile 2.9
Max 54 933.7

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.

FINMF Intrinsic Value
60.46 USD
Overvaluation 3%
Intrinsic Value
Price $62.36
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