Avioane Craiova S.A.

AVIO

Avioane Craiova S.A. engages in the manufacture and sale of advanced trainer aircraft in Romania.It is also involved in maintenance, repair, and overhaul of military aircrafts; and manufacture of indu...

Website | Aircraft | Other

Automated Financial Analysis

🤵

Financial Advisor Insight

"Current valuation levels are elevated, suggesting the price may be ahead of fundamentals. Momentum is currently negative, indicating caution for short-term entries. Growth forecasts are robust, which could drive future appreciation."

Sentiment: Neutral Action: Watch

"Financial analysis reveals potential risks regarding growth or leverage that warrant caution."

Strong Revenue Growth (35.7% CAGR).
Overvalued based on PE (Current: 71.4 vs Fair: 15).
Bearish Trend (SMA50 < SMA200).
Overbought (RSI: 76.3).
Forecast: Continued Revenue Growth (~44.9% next year).

Technical Analysis

Trend Bearish (Long Term)
Last Cross
Death Cross (9 months ago)
RSI (14) 76.3
SMA 50 2.55
SMA 200 3.02

Price Valuation

Current Price 2.76
Fair Value (PE 15) 0.58
Overvalued 79%
Graham Number 1.21
Downside 56%

Forecast

Rev Forecast (Next Yr) 78M
Growth Forecast 44.9%

📊 Market & Peer Context

Benchmark: BET
Volatility (Beta)
-0.26
Less Volatile than Market
Correlation
-0.05
Moves with Market
Relative Strength (1Y)
-58.65%
vs Benchmark
Index Returns (1Y)
69.4%
BET

Historical Performance

Metric 5Y 3Y 1Y YTD 6M 3M 1M 1W
AVIO - - -17.9% 3.0% 0.7% 0.0% 0.0% 0.0%
BET - 132.5% 69.4% 18.5% 33.0% 6.9% 2.4% 1.8%
Alpha (Diff) - - -87.2% -15.6% -32.3% -6.9% -2.4% -1.8%

Financial Reports

Price Chart

Sector: Other

Based on Market Cap
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INFINITY
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PPLI
Professional Imo Partners S.A.
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ETAPA 1 • MUST HAVE

5/8
Healthy Leverage (Debt/Equity)
0.34
Target: < 1.5
Gross Margin vs Industry
0.0% vs 0.0%
Target: > 0.0%
Operating Cash Flow vs Profit
0%
Target: > 1.0
Free Cash Flow vs Profit
-1,352%
Target: > 0.8
ROIC (Return on Capital)
3.45%
Target: Positive
ROIC vs WACC
ROIC: 3.5% / WACC: -0.8%
Target: > WACC
ROE (Return on Equity)
2.6%
Target: > 10%
EBITDA Positive
5.25M
Target: > 0

ETAPA 2 • CRITERII

4/9
Interest Coverage
Target: > 3x • 0.0x
Miss
Net Margin vs Industry
Target: > 0.0% • 2.1%
Passed
ROA vs Industry
Target: > 3.6% • 0.8%
Miss
Current Ratio
Target: > 1.5 • 2.09
Passed
Assets Growth (5y)
Target: > 0% • 27.4% CAGR
Passed
FCF CAGR (5y)
Target: > 5% • 0.0%
Miss
EV/EBITDA vs Industry
Target: < Industry • 0.0 vs 0.0
Miss
Net Debt / EBITDA
Target: < 3 • 4.11
Miss
Revenue CAGR (5y)
Target: > 5% • 35.7%
Passed

SNAPSHOT COMPANIE

Capitalizare
0.10B RON
EBITDA
5.25M
P/E Ratio
71.42
PEG Ratio
2.00
Dividend Yield
0.00%
Beta
-0.26
Valoare Intrinsecă (Graham)
1.21 RON
Discount
-56.1%

Balance Sheet

Annual Data
Metric TTM 2024 2024 2023 2021
Fiscal Year 2,025 2,024 2,023 2,022 2,021
Fiscal Quarter H1 H2 H2 H2 H2
Cash & Equivalents -41,792,675 36,293,496 56,529,858 69,139,297 62,703,449
Totalcash -41,792,675 36,293,496 56,529,858 69,139,297 62,703,449
Cash Growth - -35.80% -18.24% 10.26% -13.20%
Accounts Receivable 16,526,853 521,380 21,400,337 10,734,915 3,980,199
Other Receivables - 10,950,955 5,161,639 131,564 636,748
Receivables 16,526,853 11,472,335 26,561,976 10,866,479 4,616,947
Inventory 275,367,750 243,249,802 145,820,458 66,866,745 46,762,609
Prepaid Expenses 19,968,976 - - 705,410 493,664
Other Current Assets - 21,568,427 26,950,229 - 80,917
Assetsc 270,070,904 312,584,060 255,862,521 147,577,931 114,657,586
Property, Plant & Equipment 52,417,766 49,027,721 49,166,789 51,553,564 55,858,852
Long-Term Investments 1,000 1,000 1,000 1,000 1,000
Other Intangible Assets - - 13,409 6,634 11,853
Other Long-Term Assets 3,896,497 3,856,607 1,336,607 - 76,607
Assets 326,386,167 365,469,388 306,333,471 199,120,524 170,605,898
Accounts Payable - 122,203,169 67,077,175 14,338,257 3,506,554
Accrued Expenses - - - - -
Short-Term Debt - - - 19,204,770 11,966,167
Current Income Taxes Payable - - - - -
Current Unearned Revenue 11,695 - 54,621,849 - 38,990,420
Other Current Liabilities 147,433,656 27,140,201 27,630,161 28,624,721 25,816,516
Total Current Liabilities 147,445,351 149,343,370 149,329,185 62,167,748 80,279,657
Long-Term Debt - 21,549,366 22,300,998 - -
Long-Term Unearned Revenue - 129,181,209 82,819,155 82,819,155 43,828,735
Other Long-Term Liabilities 131,508,686 2,337,635 3,142,786 4,123,634 3,315,060
Total Liabilities 278,954,037 302,411,580 257,592,124 149,110,537 127,423,452
Common Stock 93,428,378 93,428,378 80,283,470 80,283,470 80,283,470
Retained Earnings -76,917,178 -62,456,020 -65,950,333 -67,004,452 -76,524,059
Comprehensive Income & Other 30,920,930 32,085,450 34,408,210 36,730,969 39,423,035
Equity 47,432,130 63,057,808 48,741,347 50,009,987 43,182,446
Total Liabilities & Equity 326,386,167 365,469,388 306,333,471 199,120,524 170,605,898
Filing Date Shares Outstanding 37,371,351 37,371,351 32,113,388 - 32,113,388
Total Common Shares Outstanding 37,371,351 37,371,351 32,113,388 - 32,113,388
Book Value Per Share 1.27 1.69 1.52 - 1.34
Tangible Book Value 47,432,130 63,057,808 48,727,938 50,003,353 43,170,593
Tangible Book Value Per Share 1.27 1.69 1.52 - 1.34
Total Debt - 21,549,366 22,300,998 19,204,770 11,966,167
Net Cash (Debt) -41,792,675 14,744,130 34,228,860 49,934,527 50,737,282
Net Cash Growth - -56.93% -31.45% -1.58% -29.76%
Netcashpershare -1.12 0.39 1.07 - 1.58
Working Capital 122,625,553 163,240,690 106,533,336 85,410,183 34,377,929
Land - 18,405,669 18,405,669 18,405,669 18,405,669
Buildings - 28,347,314 28,048,620 27,644,573 27,645,212
Machinery - 30,159,788 28,490,561 27,049,152 26,995,485
Construction In Progress - 2,200,000 - 76,607 -

Cash Flow Statement

Annual Data
Metric TTM 2024 2024 2023 2021
Fiscal Year 2,025 2,024 2,023 2,022 2,021
Fiscal Quarter H1 H2 H2 H2 H2
Net Income -21,644,135 1,444,272 113,072 6,836,592 -12,436,243
Depreciation & Amortization 1,376,912 948,501 931,114 862,735 945,602
Change in Accounts Receivable -8,228,312 15,089,641 -15,695,497 -6,165,597 -3,413,387
Change in Inventory -76,339,398 -97,429,344 -78,953,713 -20,104,136 -42,169,691
Change in Accounts Payable 24,557,760 46,866,199 107,360,767 10,831,703 41,265,768
Change in Other Net Operating Assets 19,293,593 17,776,059 -27,539,333 7,049,536 -3,869,665
Other Operating Activities - - - - -
Ncfo -60,983,580 -15,304,672 -13,783,590 -689,167 -19,677,616
Ocf Growth - - - - -
Capex -11,544,882 -4,221,105 -1,940,083 -116,267 -1,820,483
Ncfi -11,544,882 -4,221,105 -1,940,083 -116,267 -1,820,483
Long-Term Debt Issued - - 3,096,228 7,238,603 11,966,167
Long-Term Debt Repaid - -751,632 - - -
Net Debt Issued (Repaid) -22,353,153 -751,632 3,096,228 7,238,603 11,966,167
Other Financing Activities - - - - -
Financing Cash Flow -22,353,153 -751,632 3,096,228 7,238,603 11,966,167
Net Cash Flow -94,881,615 -20,277,409 -12,627,445 6,433,169 -9,531,932
Free Cash Flow -72,528,462 -19,525,777 -15,723,673 -805,434 -21,498,099
Free Cash Flow Growth - - - - -
Fcf Margin -167.17% -27.83% -29.10% -1.61% -176.99%
Fcfps -1.94 -0.52 -0.49 - -0.67
Levered Free Cash Flow -74,477,707 -78,889,179 -15,442,165 -46,851,166 -168,234,985
Unlevered Free Cash Flow -73,074,924 -77,529,388 -14,031,461 -46,003,528 -168,088,272
Change Working Capital -40,716,357 -17,697,445 -14,827,776 -8,388,494 -8,186,975
Sale of Property, Plant & Equipment - - - - -

Income Statement

Annual Data
Metric TTM 2024 2024 2023 2021
Fiscal Year 2,025 2,024 2,023 2,022 2,021
Fiscal Quarter H1 H2 H2 H2 H2
Revenue 43,386,659 70,158,330 54,039,590 49,994,785 12,146,291
Revenue Growth -37.74% 29.83% 8.09% 311.61% -41.25%
Cost of Revenue -1,283,521 -2,069,292 -322,057 1,298,170 -37,579,108
Gp 44,670,180 72,227,622 54,361,647 48,696,615 49,725,399
Selling, General & Admin 68,925,488 64,794,161 51,650,118 23,236,783 19,934,519
Other Operating Expenses -9,152,644 -1,197,912 -3,940,475 12,820,431 35,691,360
Operating Expenses 64,309,873 67,928,531 51,953,119 40,560,595 61,986,010
Operating Income -19,639,693 4,299,091 2,408,528 8,136,020 -12,260,611
Interest Expense -2,244,453 -2,175,665 -2,257,126 -1,356,220 -234,741
Interest & Investment Income 15,990 34,536 55,318 40,616 23,190
Other Non Operating Income (Expenses) -661,851 -688,156 -166,568 16,176 35,919
EBT Excluding Unusual Items -21,618,601 1,469,806 40,152 6,836,592 -12,436,243
Gain (Loss) on Sale of Investments -25,534 -25,534 72,920 - -
Pretax Income -21,644,135 1,444,272 113,072 6,836,592 -12,436,243
Net Income -21,644,135 1,444,272 113,072 6,836,592 -12,436,243
Net Income to Common -21,644,135 1,444,272 113,072 6,836,592 -12,436,243
Net Income Growth - 1,177.30% -98.35% - -
Shares Basic 37,371,351 37,371,351 32,113,388 - 32,113,388
Shares Outstanding (Diluted) 37,371,351 37,371,351 32,113,388 - 32,113,388
Shares Yo Y 0.16 0.16 - - 1.33
Eps Basic -0.58 0.04 0.00 - -0.39
EPS (Diluted) -0.58 0.04 0.00 - -0.39
EPS Growth - 997.59% - - -
Free Cash Flow -72,528,462 -19,525,777 -15,723,673 -805,434 -21,498,099
Free Cash Flow Per Share -1.94 -0.52 -0.49 - -0.67
Gross Margin 102.96% 102.95% 100.60% 97.40% 409.39%
Operating Margin -45.27% 6.13% 4.46% 16.27% -100.94%
Profit Margin -49.89% 2.06% 0.21% 13.68% -102.39%
Free Cash Flow Margin -167.17% -27.83% -29.10% -1.61% -176.99%
EBITDA -18,262,781 5,247,592 3,339,642 8,998,755 -11,315,009
D&A For EBITDA 1,376,912 948,501 931,114 862,735 945,602
EBITDA Margin -42.09% 7.48% 6.18% 18.00% -93.16%
EBIT -19,639,693 4,299,091 2,408,528 8,136,020 -12,260,611
EBIT Margin -45.27% 6.13% 4.46% 16.27% -100.94%
Revenue as Reported 121,432,932 144,666,225 93,080,233 68,850,109 56,905,293

Ratios and Metrics

Annual Data
Metric TTM 2024 2024 2023 2021
Fiscal Year 2,025 2,024 2,023 2,022 2,021
Fiscal Quarter H1 H2 H2 H2 H2
Marketcap 93,428,378 92,486,557 109,185,519 109,185,519 46,857,797
Market Cap Growth 1.02% -15.29% - 133.02% 1,405.40%
Enterprise Value 135,221,057 39,439,017 14,528,439 54,845,379 11,274,667
Last Close Ratios 250.00% 288.00% 340.00% 340.00% 340.00%
Pe - 64.04 965.63 15.97 -
PS Ratio 2.15 1.32 2.02 2.18 3.86
PB Ratio 1.97 1.47 2.24 2.18 1.09
P/TBV Ratio 1.97 1.47 2.24 2.18 1.09
P/FCF Ratio - - - - -
P/OCF Ratio - - - - -
EV/Sales Ratio 3.12 0.56 0.27 1.10 0.93
EV/EBITDA Ratio - 7.52 4.35 6.10 -
EV/EBIT Ratio - 9.17 6.03 6.74 -
EV/FCF Ratio -1.86 - - - -
Debt / Equity Ratio - 0.34 0.46 0.38 0.28
Debt / EBITDA Ratio - 4.11 6.68 2.13 -
Asset Turnover 13.20% 20.90% 21.40% 27.00% 7.90%
Inventory Turnover - - - 2.30% -
Quick Ratio -0.17 0.32 0.56 1.29 0.84
Current Ratio 1.83 2.09 1.71 2.37 1.43
Roe -41.88% 2.58% 0.23% 14.67% -
Return on Assets (ROA) -3.73% 0.80% 0.60% 2.75% -4.96%
Return on Capital (ROIC) -23.75% 3.45% 2.15% 8.18% -188.37%
Return on Capital Employed (ROCE) -0.11 0.02 0.02 0.06 -0.14
Earningsyield -23.17% 1.56% 0.10% 6.26% -26.54%
FCF Yield -77.63% -21.11% -14.40% -0.74% -45.88%
Buyback Yield / Dilution -16.37% -16.37% - - -133.02%

Price History

Mar 12, 2024 — Jan 12, 2026 357 Records
Date Open High Low Close Volume
2026-01-12 2.78 2.78 2.64 2.76 805
2026-01-09 2.90 2.92 2.50 2.76 9,231
2026-01-08 2.74 2.86 2.70 2.86 4,826
2026-01-05 2.68 2.78 2.62 2.74 1,600
2025-12-30 2.62 2.68 2.62 2.68 725
2025-12-29 2.58 2.62 2.58 2.62 1,412
2025-12-23 2.56 2.60 2.50 2.50 4,385
2025-12-22 2.56 2.56 2.50 2.56 975
2025-12-19 2.46 2.56 2.46 2.56 1,144
2025-12-18 2.54 2.56 2.48 2.48 329
2025-12-17 2.52 2.52 2.50 2.50 510
2025-12-16 2.50 2.50 2.40 2.50 3,796
2025-12-15 2.42 2.50 2.40 2.50 7,310
2025-12-12 2.50 2.50 2.50 2.50 42
2025-12-11 2.42 2.42 2.36 2.36 7,577
2025-12-10 2.38 2.50 2.38 2.50 431
2025-12-09 2.50 2.50 2.40 2.40 4,225
2025-12-08 2.38 2.50 2.38 2.50 185
2025-12-05 2.46 2.50 2.36 2.50 1,005
2025-12-04 2.52 2.52 2.40 2.50 5,476
2025-12-03 2.48 2.48 2.48 2.48 1,040
2025-12-02 2.48 2.48 2.40 2.40 1,211
2025-11-27 2.48 2.48 2.48 2.48 102
2025-11-26 2.48 2.48 2.48 2.48 47
2025-11-25 2.40 2.48 2.40 2.48 107
2025-11-24 2.48 2.48 2.40 2.40 1,434
2025-11-21 2.56 2.56 2.50 2.50 2,237
2025-11-20 2.54 2.56 2.54 2.56 1,954
2025-11-19 2.44 2.54 2.44 2.54 4,298
2025-11-18 2.52 2.52 2.40 2.40 4,857
2025-11-17 2.54 2.54 2.40 2.52 2,215
2025-11-14 2.60 2.60 2.40 2.48 5,826
2025-11-13 2.60 2.60 2.60 2.60 2,153
2025-11-12 2.64 2.64 2.50 2.50 1,523
2025-11-11 2.64 2.66 2.64 2.66 183
2025-11-10 2.62 2.68 2.60 2.64 2,911
2025-11-07 2.54 2.60 2.44 2.60 1,881
2025-11-06 2.54 2.54 2.52 2.54 352
2025-11-05 2.50 2.56 2.44 2.54 1,203
2025-11-04 2.40 2.50 2.40 2.50 3,165
2025-11-03 2.50 2.50 2.40 2.40 7,389
2025-10-31 2.48 2.56 2.40 2.50 2,826
2025-10-30 2.58 2.58 2.38 2.48 10,028
2025-10-29 2.62 2.62 2.54 2.58 1,938
2025-10-28 2.60 2.64 2.54 2.64 1,475
2025-10-27 2.62 2.64 2.56 2.60 1,988
2025-10-24 2.68 2.68 2.62 2.64 1,355
2025-10-23 2.68 2.78 2.62 2.68 13,075
2025-10-21 2.72 2.84 2.70 2.84 362
2025-10-20 2.66 2.74 2.64 2.74 1,449