Aedes SpA (MIL:AEDES) EV-to-EBIT: -28.86 (As of Aug. 14, 2026)

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MIL:AEDES Aedes SpA MIL:AEDES
45 GF Score
Price €0.86
GF Value €4.24
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Aedes SpA EV-to-EBIT?

Aedes SpA MIL:AEDES -0.69% 45 EV-to-EBIT is -28.86 as of Aug. 14, 2026. GuruFocus rates MIL:AEDES with a GF Score™ of 45/100 and a GF Value™ of €4.24 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 657 REITs companies, Aedes SpA ranks worse than 152206.85% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Aedes SpA's Enterprise Value is €12.70 Mil. Aedes SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.44 Mil. Therefore, Aedes SpA's EV-to-EBIT for today is -28.86.

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

MIL:AEDES' s EV-to-EBIT Range Over the Past 10 Years
Min: -48.28   Med: -2.03   Max: 20.86
Current: -28.86

During the past 13 years, the highest EV-to-EBIT of Aedes SpA was 20.86. The lowest was -48.28. And the median was -2.03.

MIL:AEDES's EV-to-EBIT is ranked worse than
100% of 657 companies
in the REITs industry
Industry Median: 17.92 vs MIL:AEDES: -28.86

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Aedes SpA's Enterprise Value for the quarter that ended in Dec. 2025 was €12.66 Mil. Aedes SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.44 Mil. Aedes SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -3.48%.


Aedes SpA  (MIL:AEDES) 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) %.

Aedes 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 )
=-0.44/12.661735
=-3.48 %

Aedes SpA's Enterprise Value for the quarter that ended in Dec. 2025 was €12.66 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Aedes SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.44 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.


Aedes SpA EV-to-EBIT Related Terms


Aedes SpA EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Aedes 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.

Aedes SpA EV-to-EBIT Chart

Aedes SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.45 -3.38 -1.58 -1.74 13.04

Aedes SpA Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
EV-to-EBIT 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 Premium Member Only Premium Member Only Premium Member Only 0.00 -1.74 0.00 13.04 0.00

MIL:AEDES vs SPG, O, KIM: EV-to-EBIT Comparison

For the REIT - Retail subindustry, Aedes 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.


Aedes SpA EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, Aedes SpA's EV-to-EBIT distribution charts can be found below:

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


MIL:AEDES
45GF Score
Aedes SpA MIL:AEDES
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aedes SpA EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=12.698/-0.44
=-28.86

Aedes SpA's current Enterprise Value is €12.70 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Aedes SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.44 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 -28.86 mean?
Aedes SpA (MIL:AEDES) has a EV-to-EBIT of -28.86 as of Aug. 14, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Aedes SpA and its competitors. According to the industry distribution chart, Aedes SpA ranks #999999 out of 657 companies in the REITs industry.
Is Aedes SpA's EV-to-EBIT too high?
Aedes SpA's current EV-to-EBIT is -28.86. Based on the distribution chart, Aedes SpA ranks #999999 out of 657 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Aedes SpA has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Aedes SpA's EV-to-EBIT compare to SPG and O?
According to the REITs industry distribution chart, Aedes SpA ranks #999999 out of 657 companies for EV-to-EBIT. This places Aedes SpA in the lower half of its industry. The industry median EV-to-EBIT is 17.92. 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 REITs company?
The median EV-to-EBIT among REITs companies is 17.92, based on 657 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. 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 Aedes SpA and its competitors. For the REITs industry, the median EV-to-EBIT is 17.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aedes SpA's current EV-to-EBIT is -28.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aedes SpA stock overvalued right now?
Based on GuruFocus' analysis, Aedes SpA (MIL:AEDES) is currently considered Possible Value Trap. The stock's GF Value™ is €4.24, compared to a current price of €0.86 — trading 79.7% below its estimated fair value. The current EV-to-EBIT is -28.86. Aedes SpA's overall GF Score™ is 45/100 with 7 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 Aedes SpA (MIL:AEDES), the current EV-to-EBIT is -28.86 as of Aug. 14, 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 Aedes SpA (MIL:AEDES) Overvalued in 2026?

Based on GuruFocus' analysis, Aedes SpA stock appears to be undervalued. The current stock price of €0.86 is trading 79.7% below its estimated GF Value™ of €4.24. GuruFocus considers Aedes SpA to be Possible Value Trap.

Key valuation signals for MIL:AEDES:

  • EV-to-EBIT: -28.86
  • GF Value™: €4.24 vs. price of €0.86 (79.7% below fair value)
  • GF Score™: 45/100 with 7 warning signs

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


Aedes SpA Business Description

Industry Real EstateREITs
Address Via Tortona, 37, Milan, ITA, 20144
Aedes SpA operates in the real estate sector in Italy and internationally. Its two business lines, acquiring income properties to compete with the performances of European REITs and, on the other, creating a new generation of shopping and leisure centers through its pipeline development.
45GF Score

Get the complete analysis for MIL:AEDES

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

€0.86
Price
€4.24
GF Value