Valuation Leonardo S.p.A.

Stocks

Real-time Borsa Italiana Other stock markets 16:37:01 20/07/2026 +03			5-day change	1st Jan Change
50.54 ^EUR	-0.41%		-1.17%	+2.83%

03:53pm	GCAP timeline will not change even if new country joins, Edgewing CEO says	RE
09:36am	Futures point to lower open for European markets	AN

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	3,624	4,637	8,592	14,918	28,338	29,280	-	-
Change	-	27.97%	85.3%	73.62%	89.96%	3.33%	-	-
Enterprise Value (EV) ¹	6,746	4,637	10,915	16,713	29,339	31,349	30,486	29,467
Change	-	-31.26%	135.4%	53.11%	75.55%	6.85%	-2.75%	-3.34%
P/E	6.18x	5x	13.1x	13.9x	23.2x	21.6x	18.2x	15.5x
PBR	0.56x	-	1.1x	1.66x	2.97x	2.82x	2.54x	2.27x
PEG	-	0.1x	-0.5x	0.2x	1.7x	2x	1x	0.9x
Capitalization / Revenue	0.26x	0.32x	0.56x	0.84x	1.45x	1.31x	1.18x	1.09x
EV / Revenue	0.48x	0.32x	0.71x	0.94x	1.5x	1.41x	1.23x	1.09x
EV / EBITDA	4.15x	2.63x	5.8x	7.53x	12.1x	10.9x	9.24x	7.98x
EV / EBIT	6.01x	3.81x	8.47x	11x	16.7x	14.4x	11.9x	9.95x
EV / FCF	32.3x	-	17.2x	20.2x	29x	25.8x	22.1x	18.2x
FCF Yield	3.1%	-	5.82%	4.94%	3.45%	3.87%	4.52%	5.5%
Dividend per Share ²	0.14	-	0.28	0.28	0.52	0.7011	0.8171	0.9377
Rate of return	2.22%	-	1.87%	1.08%	1.06%	1.38%	1.61%	1.85%
EPS ²	1.019	1.611	1.144	1.862	2.122	2.349	2.79	3.268
Distribution rate	13.7%	-	24.5%	15%	24.5%	29.8%	29.3%	28.7%
Net sales ¹	14,135	14,713	15,291	17,763	19,503	22,306	24,720	26,914
EBITDA ¹	1,626	1,763	1,883	2,219	2,429	2,864	3,300	3,694
EBIT ¹	1,123	1,218	1,289	1,525	1,752	2,179	2,571	2,963
Net income ¹	585	927	658	1,074	1,224	1,337	1,587	1,864
Net Debt ¹	3,122	-	2,323	1,795	1,001	2,069	1,206	187.4
Reference price ²	6.30	8.06	14.94	25.93	49.16	50.75	50.75	50.75
Nbr of stocks (in thousands)	575,174	575,307	575,307	575,307	576,437	576,944	-	-
Announcement Date	3/10/22 A	3/10/23 A	2/29/24 A	3/11/25 A	3/12/26 A	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
LEONARDO S.P.A.	21.6x	1.41x	10.94x	1.38%	33.5B
GE AEROSPACE	41.04x	7.47x	31.08x	0.53%	362B
RTX CORPORATION	33.72x	3.06x	18.17x	1.48%	261B
ROLLS-ROYCE HOLDINGS PLC	36.04x	4.85x	22.04x	0.9%	151B
LOCKHEED MARTIN CORPORATION	17.02x	1.66x	11.71x	2.76%	117B
GENERAL DYNAMICS CORPORATION	22.08x	1.86x	15.2x	1.73%	99.53B
NORTHROP GRUMMAN CORPORATION	18.64x	1.88x	13.3x	1.86%	74.08B
BAE SYSTEMS PLC	23.96x	1.76x	12.53x	2.1%	71.65B
L3HARRIS TECHNOLOGIES, INC.	24.29x	2.58x	14.33x	1.76%	52.54B
Average	26.49x	2.95x	16.59x	1.61%	135.83B
Weighted average by Cap.	31.40x	4.14x	20.62x	1.34%