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Circle SpAMIL:CIRC +0.38%86 EV-to-EBIT is 21.34 as of Jul. 20, 2026, which is 18% above its 10-year median of 18.01. GuruFocus rates MIL:CIRC with a GF Score™ of 86/100 and a GF Value™ of €12.21 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,768 Software companies, Circle SpA ranks worse than 64.59% on this metric.
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.
Circle SpA's Enterprise Value for the quarter that ended in Dec. 2025 was €36.07 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Circle SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €2.86 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.
Circle SpA EV-to-EBIT Related Terms
Circle SpA EV-to-EBIT Historical Data
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The historical data trend for Circle 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.
For the Information Technology Services subindustry, Circle 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.
Circle SpA EV-to-EBIT vs Software Industry
For the Software industry and Technology sector, Circle SpA's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Circle SpA's EV-to-EBIT falls into.
Circle SpA's current Enterprise Value is €61.13 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Circle SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €2.86 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.
Circle SpA (MIL:CIRC) has a EV-to-EBIT of 21.34 as of Jul. 20, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Circle SpA and its competitors. This is 18% above median its historical median of 18.01. Over the past decade, Circle SpA's EV-to-EBIT has ranged from 8.25 to 350.70. According to the industry distribution chart, Circle SpA ranks #1142 out of 1768 companies in the Software industry, placing it in the top 64.6%.
Is Circle SpA's EV-to-EBIT too high?
Circle SpA's current EV-to-EBIT of 21.34 is 18% above median its 10-year median of 18.01. Over the past 10 years, this metric has ranged from a low of 8.25 to a high of 350.70. The Software industry median EV-to-EBIT is 14.27. Circle SpA's value of 21.34 is 49.5% above this industry median. Based on the distribution chart, Circle SpA ranks #1142 out of 1768 companies in the Software industry, which is below the industry midpoint. Overall, Circle SpA has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Circle SpA's EV-to-EBIT compare to IBM and ACN?
According to the Software industry distribution chart, Circle SpA ranks #1142 out of 1768 companies for EV-to-EBIT. This places Circle SpA in the lower half of its industry. The industry median EV-to-EBIT is 14.27. Circle SpA's value of 21.34 is 49.5% above this benchmark. Historically, Circle SpA's own EV-to-EBIT has ranged from 8.25 to 350.70 over the past decade. While the company's 10-year median is 18.01 vs. the industry median of 14.27, Circle 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 14.27, based on 1,768 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. Circle SpA's current EV-to-EBIT of 21.34 is 49.5% 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 Circle SpA and its competitors. For the Software industry, the median EV-to-EBIT is 14.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Circle SpA's current EV-to-EBIT is 21.34, which is 18% above median its own 10-year median of 18.01. 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 Fairly Valued. The stock's GF Value™ is €12.21, compared to a current price of €13.35 — trading 9.3% above its estimated fair value. The current EV-to-EBIT is 21.34, which is 18% above median its 10-year median of 18.01 and 49.5% above the Software industry median of 14.27. Circle SpA's overall GF Score™ is 86/100 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 Circle SpA (MIL:CIRC), the current EV-to-EBIT is 21.34 as of Jul. 20, 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 Circle SpA (MIL:CIRC) Overvalued in 2026?
Based on GuruFocus' analysis, Circle SpA stock appears to be overvalued.
The current stock price of €13.35 is trading 9.3% above its estimated GF Value™ of €12.21.
GuruFocus considers Circle SpA to be Fairly Valued.
Key valuation signals for MIL:CIRC:
EV-to-EBIT: 21.34 (18% above median its 10-year median of 18.01)
GF Value™: €12.21 vs. price of €13.35 (9.3% above fair value)
Industry Position: 49.5% above the Software median (#1142 of 1768)
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 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.
86GF Score
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