Leonardo LDO.MI
Leonardo is an Italian industrial group in defense, aerospace, and security that designs and manufactures helicopters, combat aircraft, radar systems, and defense electronics, with strong exposure to European military spending and international programs such as the Eurofighter and GCAP. Leonardo shows exceptional growth (revenue +16.7%, earnings +93.9%) supported by rising European defense spending and contracts like the $4.2 billion destroyer deal, although its valuation (P/E 25.24) and margins (7.81%) temper the appeal.
Detailed metrics
Market and fundamental data as of the analysis date.
Full AI report
Generated automatically from the metrics, the macro context and the company's news.
Leonardo is an Italian industrial group in defense, aerospace, and security that designs and manufactures helicopters, combat aircraft, radar systems, and defense electronics, with strong exposure to European military spending and international programs such as the Eurofighter and GCAP. Leonardo shows exceptional growth (revenue +16.7%, earnings +93.9%) supported by rising European defense spending and contracts like the $4.2 billion destroyer deal, although its valuation (P/E 25.24) and margins (7.81%) temper the appeal.
Score by category
| Category | Score |
|---|---|
| Financial health | 6.1 |
| Quality / Moat | 5.6 |
| Valuation | 5.5 |
| Growth | 8.3 |
| Dividend | 5.6 |
| Momentum | 4.3 |
| Risk & Context | 6.0 |
OVERALL SCORE: 5.8/10
Context and risks
Elevated governance risk in Italy: exposure to political decisions in defense contracts and possible state interference. Additionally, the defense business is subject to export controls and geopolitical tensions that may affect the execution of international orders.
News considered in the analysis
- Leonardo, Fincantieri Get $4.2 Billion Destroyer Contract For Italy’s Navy — Contrato material de 4.200 millones de dólares que refuerza la cartera de pedidos naval, aunque su impacto en beneficios se extenderá varios años.
- How New Naval and Tactical Contracts Will Impact Leonardo DRS (DRS) Investors — Los nuevos contratos navales y tácticos de la filial DRS apuntan a un crecimiento sostenido en electrónica de defensa.
- Rheinmetall Stock And Europe Defense Shares Riding The EU Canada Reset — El repunte del sector defensa europeo por el aumento del gasto militar beneficia a Leonardo como actor clave.
- All You Need to Know About Leonardo S.P.A. - Unsponsored ADR (FINMY) Rating Upgrade to Buy — Upgrade de analista a Comprar; sin información nueva, ya descontado en el precio.
- Q2 Earnings Highs And Lows: Leonardo DRS (NASDAQ:DRS) Vs The Rest Of The Defense Contractors Stocks — Comparativa genérica de resultados trimestrales sin información específica nueva.
Verdict: Hold; strong growth and order backlog offset the demanding valuation and Italian governance risk.
Main risk: Governance risk in Italy and potential political interference in defense contract management, which could affect capital allocation and returns for minority shareholders.
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