Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Fiera Milano SpACHIX:FMM 72 Debt-to-EBITDA is 1.60 as of Mar. 2026, which is 62% below its 10-year median of 4.17. GuruFocus rates CHIX:FMM with a GF Score™ of 72/100 and a GF Value™ of €2.14. The stock has 3 warning signs investors should review. Among 838 Business Services companies, Fiera Milano SpA ranks worse than 52.98% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Fiera Milano SpA's Debt-to-EBITDA or its related term are showing as below:
CHIX:FMm'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.33 Med: 4.17 Max: 47.01
Current: 1.79
During the past 13 years, the highest Debt-to-EBITDA Ratio of Fiera Milano SpA was 47.01. The lowest was -4.33. And the median was 4.17.
CHIX:FMm's Debt-to-EBITDA is ranked worse than 52.98% of 838
companies
in the Business Services industry
Industry Median: 1.62
vs CHIX:FMm: 1.79
Fiera Milano SpA (CHIX:FMm) Debt-to-EBITDA Explanation
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Fiera Milano SpA Debt-to-EBITDA Related Terms
Fiera Milano SpA Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Fiera Milano SpA's Debt-to-EBITDA 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.
CHIX:FMM vs CTAS, CPRT, ULS: Debt-to-EBITDA Comparison
For the Specialty Business Services subindustry, Fiera Milano SpA's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Fiera Milano SpA Debt-to-EBITDA vs Business Services Industry
For the Business Services industry and Industrials sector, Fiera Milano SpA's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Fiera Milano SpA's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Fiera Milano SpA (CHIX:FMM) has a Debt-to-EBITDA of 1.60 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Fiera Milano SpA. This is 62% below median its historical median of 4.17. According to the industry distribution chart, Fiera Milano SpA ranks #444 out of 838 companies in the Business Services industry, placing it in the top 53%.
Is Fiera Milano SpA's Debt-to-EBITDA too high?
Fiera Milano SpA's current Debt-to-EBITDA of 1.60 is 62% below median its 10-year median of 4.17. The Business Services industry median Debt-to-EBITDA is 1.62. Fiera Milano SpA's value of 1.60 is 1.2% below this industry median. Based on the distribution chart, Fiera Milano SpA ranks #444 out of 838 companies in the Business Services industry, which is below the industry midpoint. Overall, Fiera Milano SpA has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Fiera Milano SpA's Debt-to-EBITDA compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Fiera Milano SpA ranks #444 out of 838 companies for Debt-to-EBITDA. This places Fiera Milano SpA in the lower half of its industry. The industry median Debt-to-EBITDA is 1.62. Fiera Milano SpA's value of 1.60 is 1.2% below this benchmark. While the company's 10-year median is 4.17 vs. the industry median of 1.62, Fiera Milano SpA has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Business Services company?
The median Debt-to-EBITDA among Business Services companies is 1.62, based on 838 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fiera Milano SpA's current Debt-to-EBITDA of 1.60 is 1.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Fiera Milano SpA. For the Business Services industry, the median Debt-to-EBITDA is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fiera Milano SpA's current Debt-to-EBITDA is 1.60, which is 62% below median its own 10-year median of 4.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiera Milano SpA stock overvalued right now?
Fiera Milano SpA (CHIX:FMM) has a current Debt-to-EBITDA of 1.60. The stock's GF Value™ is €2.14, compared to a current price of €3.13 — trading 46.3% above its estimated fair value. The current Debt-to-EBITDA is 1.60, which is 62% below median its 10-year median of 4.17 and 1.2% below the Business Services industry median of 1.62. Fiera Milano SpA's overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Fiera Milano SpA (CHIX:FMM), the current Debt-to-EBITDA is 1.60 as of Mar. 2026. 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 Fiera Milano SpA (CHIX:FMM) Overvalued in 2026?
Based on GuruFocus' analysis, Fiera Milano SpA stock appears to be overvalued.
The current stock price of €3.13 is trading 46.3% above its estimated GF Value™ of €2.14.
Key valuation signals for CHIX:FMM:
Debt-to-EBITDA: 1.60 (62% below median its 10-year median of 4.17)
GF Value™: €2.14 vs. price of €3.13 (46.3% above fair value)
Industry Position: 1.2% below the Business Services median (#444 of 838)
No single metric tells the full story. See the CHIX:FMM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fiera Milano SpA is a trade fair company. Its operating segments include Italian Exhibitions Business, Foreign Exhibitions Business, Congresses, and Other Sectors. The Italian Exhibitions and Foreign Exhibitions segment covers all activities for organizing and hosting exhibitions and other events in Italy and abroad through the use, promotion, and offer of furnished exhibition spaces, project support, and ancillary services. It also engages in stand-fitting, technical, and exhibition site services. The Congresses segment covers the management of conferences and events. It generates the majority of the revenue from Italian exhibitions segment. Geographically, it operates in Italy and Abroad, where it derives maximum revenue from Italy.
72GF Score
Get the complete analysis for CHIX:FMM
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:FMM has been successfully added to your 
