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Siav SpAMIL:SIAV -2.17%74 Debt-to-EBITDA is 2.00 as of Dec. 2025, which is 54% below its 10-year median of 4.34. GuruFocus rates MIL:SIAV with a GF Score™ of 74/100 and a GF Value™ of €2.70 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,725 Software companies, Siav SpA ranks worse than 66.38% 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 Siav SpA's Debt-to-EBITDA or its related term are showing as below:
MIL:SIAV'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.2 Med: 4.34 Max: 6.69
Current: 2.2
During the past 6 years, the highest Debt-to-EBITDA Ratio of Siav SpA was 6.69. The lowest was 2.20. And the median was 4.34.
MIL:SIAV's Debt-to-EBITDA is ranked worse than 66.38% of 1725
companies
in the Software industry
Industry Median: 1.1
vs MIL:SIAV: 2.20
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.
Siav SpA Debt-to-EBITDA Related Terms
Siav SpA Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Siav 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.
MIL:SIAV vs QH, SHOP, UBER: Debt-to-EBITDA Comparison
For the Software - Application subindustry, Siav 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.
Siav SpA Debt-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Siav SpA's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Siav 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 two times the quarterly (Dec. 2025) EBITDA data.
Siav SpA (MIL:SIAV) has a Debt-to-EBITDA of 2.00 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Siav SpA. This is 54% below median its historical median of 4.34. Over the past decade, Siav SpA's Debt-to-EBITDA has ranged from 2.20 to 6.69. According to the industry distribution chart, Siav SpA ranks #1145 out of 1725 companies in the Software industry, placing it in the top 66.4%.
Is Siav SpA's Debt-to-EBITDA too high?
Siav SpA's current Debt-to-EBITDA of 2.00 is 54% below median its 10-year median of 4.34. Over the past 10 years, this metric has ranged from a low of 2.20 to a high of 6.69. The Software industry median Debt-to-EBITDA is 1.10. Siav SpA's value of 2.00 is 81.8% above this industry median. Based on the distribution chart, Siav SpA ranks #1145 out of 1725 companies in the Software industry, which is below the industry midpoint. Overall, Siav SpA has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Siav SpA's Debt-to-EBITDA compare to QH and SHOP?
According to the Software industry distribution chart, Siav SpA ranks #1145 out of 1725 companies for Debt-to-EBITDA. This places Siav SpA in the lower half of its industry. The industry median Debt-to-EBITDA is 1.10. Siav SpA's value of 2.00 is 81.8% above this benchmark. Historically, Siav SpA's own Debt-to-EBITDA has ranged from 2.20 to 6.69 over the past decade. While the company's 10-year median is 4.34 vs. the industry median of 1.10, Siav SpA has consistently been above 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 Software company?
The median Debt-to-EBITDA among Software companies is 1.10, based on 1,725 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. Siav SpA's current Debt-to-EBITDA of 2.00 is 81.8% above 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 Siav SpA. For the Software industry, the median Debt-to-EBITDA is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siav SpA's current Debt-to-EBITDA is 2.00, which is 54% below median its own 10-year median of 4.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siav SpA stock overvalued right now?
Based on GuruFocus' analysis, Siav SpA (MIL:SIAV) is currently considered Fairly Valued. The stock's GF Value™ is €2.70, compared to a current price of €2.70 — trading right at its estimated fair value. The current Debt-to-EBITDA is 2.00, which is 54% below median its 10-year median of 4.34 and 81.8% above the Software industry median of 1.10. Siav SpA's overall GF Score™ is 74/100 with 2 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 Siav SpA (MIL:SIAV), the current Debt-to-EBITDA is 2.00 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 Siav SpA (MIL:SIAV) Overvalued in 2026?
Based on GuruFocus' analysis, Siav SpA stock appears to be undervalued.
The current stock price of €2.70 is trading 0% below its estimated GF Value™ of €2.70.
GuruFocus considers Siav SpA to be Fairly Valued.
Key valuation signals for MIL:SIAV:
Debt-to-EBITDA: 2.00 (54% below median its 10-year median of 4.34)
GF Value™: €2.70 vs. price of €2.70 (0% below fair value)
Industry Position: 81.8% above the Software median (#1145 of 1725)
No single metric tells the full story. See the MIL:SIAV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Siav SpA is a software and IT service company specializing in dematerialization, document management, and digital processes. It offers software platforms such as Archiflow Nova, Siav Connect, and Siav Frame for information and process management; Vertical software and solutions that deal with specific topics such as Silloge, Checker, MyCreditService, etc., and outsourcing services such as dematerialization and replacement storage of documents, managed through a proprietary solution (Virgilio), and B2B electronic invoicing. The company's operating segments are based on the market it operates in and include the Private Market, Central Public Administration Market (CPA), Local Public Administration Market (PAL), and Channel Market.
74GF Score
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