Adventure SpA (MIL:ADV) EV-to-EBIT: 319.44 (As of Jul. 28, 2026) — 16% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

MIL:ADV Adventure SpA MIL:ADV
16 GF Score
Price €13.70
! 6 Warning Signs
View Full Analysis

What is Adventure SpA EV-to-EBIT?

Adventure SpA MIL:ADV -2.14% 16 EV-to-EBIT is 319.44 as of Jul. 28, 2026, which is 16% below its 10-year median of 379.07. GuruFocus rates MIL:ADV with a GF Score™ of 16/100. The stock has 6 warning signs investors should review. Among 1,770 Software companies, Adventure SpA ranks worse than 97.4% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Adventure SpA's Enterprise Value is €107.01 Mil. Adventure SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €0.34 Mil. Therefore, Adventure SpA's EV-to-EBIT for today is 319.44.

The historical rank and industry rank for Adventure SpA's EV-to-EBIT or its related term are showing as below:

MIL:ADV' s EV-to-EBIT Range Over the Past 10 Years
Min: 25.62   Med: 379.07   Max: 558.87
Current: 319.44

During the past 4 years, the highest EV-to-EBIT of Adventure SpA was 558.87. The lowest was 25.62. And the median was 379.07.

MIL:ADV's EV-to-EBIT is ranked worse than
97.4% of 1770 companies
in the Software industry
Industry Median: 14.25 vs MIL:ADV: 319.44

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Adventure SpA's Enterprise Value for the quarter that ended in Dec. 2025 was €157.43 Mil. Adventure SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €0.34 Mil. Adventure SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 0.21%.


Adventure SpA  (MIL:ADV) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Adventure SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2025 ) =EBIT / Enterprise Value (Q: Dec. 2025 )
=0.335/157.4283
=0.21 %

Adventure SpA's Enterprise Value for the quarter that ended in Dec. 2025 was €157.43 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Adventure SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €0.34 Mil.

* 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.


Adventure SpA EV-to-EBIT Related Terms


Adventure SpA EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Adventure SpA's EV-to-EBIT 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.

Adventure SpA EV-to-EBIT Chart

Adventure SpA Annual Data
Trend Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
0.00 0.00 425.07 469.94

Adventure SpA Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-EBIT Get a 7-Day Free Trial 0.00 0.00 425.07 0.00 469.94

MIL:ADV vs QH, SHOP, UBER: EV-to-EBIT Comparison

For the Software - Application subindustry, Adventure SpA's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Adventure SpA EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, Adventure SpA's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Adventure SpA's EV-to-EBIT falls into.


MIL:ADV
16GF Score
Adventure SpA MIL:ADV
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adventure SpA EV-to-EBIT Calculation

Adventure SpA's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=107.011/0.335
=319.44

Adventure SpA's current Enterprise Value is €107.01 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Adventure SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €0.34 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 319.44 mean?
Adventure SpA (MIL:ADV) has a EV-to-EBIT of 319.44 as of Jul. 28, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Adventure SpA and its competitors. This is 16% below median its historical median of 379.07. Over the past decade, Adventure SpA's EV-to-EBIT has ranged from 25.62 to 558.87. According to the industry distribution chart, Adventure SpA ranks #1724 out of 1770 companies in the Software industry, placing it in the top 97.4%.
Is Adventure SpA's EV-to-EBIT too high?
Adventure SpA's current EV-to-EBIT of 319.44 is 16% below median its 10-year median of 379.07. Over the past 10 years, this metric has ranged from a low of 25.62 to a high of 558.87. The Software industry median EV-to-EBIT is 14.25. Adventure SpA's value of 319.44 is 2141.7% above this industry median. Based on the distribution chart, Adventure SpA ranks #1724 out of 1770 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Adventure SpA has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Adventure SpA's EV-to-EBIT compare to QH and SHOP?
According to the Software industry distribution chart, Adventure SpA ranks #1724 out of 1770 companies for EV-to-EBIT. This places Adventure SpA in the lower half of its industry. The industry median EV-to-EBIT is 14.25. Adventure SpA's value of 319.44 is 2141.7% above this benchmark. Historically, Adventure SpA's own EV-to-EBIT has ranged from 25.62 to 558.87 over the past decade. While the company's 10-year median is 379.07 vs. the industry median of 14.25, Adventure 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 EV-to-EBIT for a Software company?
The median EV-to-EBIT among Software companies is 14.25, based on 1,770 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Adventure SpA's current EV-to-EBIT of 319.44 is 2141.7% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Adventure SpA and its competitors. For the Software industry, the median EV-to-EBIT is 14.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adventure SpA's current EV-to-EBIT is 319.44, which is 16% below median its own 10-year median of 379.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adventure SpA stock overvalued right now?
Adventure SpA (MIL:ADV) has a current EV-to-EBIT of 319.44. The current EV-to-EBIT is 319.44, which is 16% below median its 10-year median of 379.07 and 2141.7% above the Software industry median of 14.25. Adventure SpA's overall GF Score™ is 16/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Adventure SpA (MIL:ADV), the current EV-to-EBIT is 319.44 as of Jul. 28, 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.

Adventure SpA Business Description

Address Via Bertola 2, Torino, ITA, IT-10121
Adventure SpA operates as an online rate comparison platform. The company is engaged in providing carious services that includes lead generation solutions, Advertising solutions, Web development solutions, operational efficiency improvement, and others. The core business of the company is through the portal ameconviene.it a website dedicated to providing consumers with in-depth and up-to-date services and information on tracking the value for its finances, with a focus on home savings, investments, and smart financial choices.
16GF Score

Get the complete analysis for MIL:ADV

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€13.70
Price