Circle SpA (MIL:CIRC) Beginning Cash Position: €-3,392.58 Mil (As of Dec. 2025)


MIL:CIRC Circle SpA MIL:CIRC
83 GF Score
Price €13.65
GF Value €12.23
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Circle SpA Beginning Cash Position?

Circle SpA MIL:CIRC +0.37% 83 Beginning Cash Position is €-3,392.58 Mil as of Dec. 2025. GuruFocus rates MIL:CIRC with a GF Score™ of 83/100 and a GF Value™ of €12.23 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Circle SpA's Beginning Cash Position for the quarter that ended in Dec. 2025 was €-3,392.58 Mil.

Circle SpA's quarterly Beginning Cash Position increased from Dec. 2024 (€5.48 Mil) to Jun. 2025 (€3,395.98 Mil) but then declined from Jun. 2025 (€3,395.98 Mil) to Dec. 2025 (€-3,392.58 Mil).

Circle SpA's annual Beginning Cash Position declined from Dec. 2023 (€2.34 Mil) to Dec. 2024 (€2.08 Mil) but then increased from Dec. 2024 (€2.08 Mil) to Dec. 2025 (€3.40 Mil).

Circle SpA Beginning Cash Position Related Terms

Circle SpA Beginning Cash Position Historical Data

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The historical data trend for Circle SpA's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Circle SpA Beginning Cash Position Chart

Circle SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 1.91 2.34 2.08 3.40

Circle SpA Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.64 2.08 5.48 3,395.98 -3,392.58
MIL:CIRC
83GF Score
Circle SpA MIL:CIRC
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Circle SpA Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of €-3,392.58 Mil mean?
Circle SpA (MIL:CIRC) has a Beginning Cash Position of €-3,392.58 Mil as of Dec. 2025. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Circle SpA and its competitors.
Is Circle SpA's Beginning Cash Position too high?
Circle SpA's current Beginning Cash Position is €-3,392.58 Mil. Overall, Circle SpA has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Circle SpA's Beginning Cash Position compare to IBM and ACN?
Circle SpA's Beginning Cash Position of €-3,392.58 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Software company?
A good Beginning Cash Position depends on the Software industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Circle SpA and its competitors. Circle SpA's current Beginning Cash Position is €-3,392.58 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Circle SpA stock overvalued right now?
Based on GuruFocus' analysis, Circle SpA (MIL:CIRC) is currently considered Modestly Overvalued. The stock's GF Value™ is €12.23, compared to a current price of €13.65 — trading 11.6% above its estimated fair value. The current Beginning Cash Position is €-3,392.58 Mil. Circle SpA's overall GF Score™ is 83/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Circle SpA (MIL:CIRC), the current Beginning Cash Position is €-3,392.58 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Circle SpA (MIL:CIRC) Overvalued in 2026?

Based on GuruFocus' analysis, Circle SpA stock appears to be overvalued. The current stock price of €13.65 is trading 11.6% above its estimated GF Value™ of €12.23. GuruFocus considers Circle SpA to be Modestly Overvalued.

Key valuation signals for MIL:CIRC:

  • Beginning Cash Position: €-3,392.58 Mil
  • GF Value™: €12.23 vs. price of €13.65 (11.6% above fair value)
  • GF Score™: 83/100 with 7 warning signs

No single metric tells the full story. See the MIL:CIRC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Circle SpA Business Description

Address Via G. Battista Pergolesi 26, Milan, ITA, 20124
Circle SpA is engaged in providing consulting services, technological solutions, and digital marketing services to companies operating predominantly in the logistics and transportation sectors. It provides strategic consulting services in the fields of port management, logistics, and transport, and also develops software solutions to optimize flow management and improve logistics processes. The company's service offerings in the digital marketing sector include; services for the analysis, identification, and use of multi-channel communication tools for the implementation of digital marketing strategies.
83GF Score

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Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€13.65
Price
€12.23
GF Value