Frendy Energy SpA (MIL:FRE) EV-to-EBIT: 34.29 (As of Jul. 05, 2026) — Near Median


MIL:FRE Frendy Energy SpA MIL:FRE
28 GF Score
Price €0.18
GF Value €0.22
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Frendy Energy SpA EV-to-EBIT?

Frendy Energy SpA MIL:FRE 28 EV-to-EBIT is 34.29 as of Jul. 05, 2026, which is 3% above its 10-year median of 33.24. GuruFocus rates MIL:FRE with a GF Score™ of 28/100 and a GF Value™ of €0.22 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 339 Utilities - Independent Power Producers companies, Frendy Energy SpA ranks worse than 75.52% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Frendy Energy SpA's Enterprise Value is €7.68 Mil. Frendy Energy SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €0.22 Mil. Therefore, Frendy Energy SpA's EV-to-EBIT for today is 34.29.

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

MIL:FRE' s EV-to-EBIT Range Over the Past 10 Years
Min: -49.97   Med: 33.24   Max: 118.47
Current: 34.29

During the past 13 years, the highest EV-to-EBIT of Frendy Energy SpA was 118.47. The lowest was -49.97. And the median was 33.24.

MIL:FRE's EV-to-EBIT is ranked worse than
75.52% of 339 companies
in the Utilities - Independent Power Producers industry
Industry Median: 17.58 vs MIL:FRE: 34.29

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Frendy Energy SpA's Enterprise Value for the quarter that ended in Dec. 2025 was €9.28 Mil. Frendy Energy SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €0.22 Mil. Frendy Energy SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 2.41%.


Frendy Energy SpA  (MIL:FRE) 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) %.

Frendy Energy 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 )
=0.224/9.283936
=2.41 %

Frendy Energy SpA's Enterprise Value for the quarter that ended in Dec. 2025 was €9.28 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Frendy Energy SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €0.22 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.


Frendy Energy SpA EV-to-EBIT Related Terms


Frendy Energy SpA EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Frendy Energy 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.

Frendy Energy SpA EV-to-EBIT Chart

Frendy Energy 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 54.19 -2.89 33.95 11.82 41.45

Frendy Energy SpA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 33.95 0.00 11.82 0.00 41.45

Frendy Energy SpA EV-to-EBIT Competitor Comparison

For the Utilities - Renewable subindustry, Frendy Energy 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.


Frendy Energy SpA EV-to-EBIT vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Frendy Energy SpA's EV-to-EBIT distribution charts can be found below:

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


MIL:FRE
28GF Score
Frendy Energy SpA MIL:FRE
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Frendy Energy SpA EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=7.682/0.224
=34.29

Frendy Energy SpA's current Enterprise Value is €7.68 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Frendy Energy SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €0.22 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 34.29 mean?
Frendy Energy SpA (MIL:FRE) has a EV-to-EBIT of 34.29 as of Jul. 05, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Frendy Energy SpA and its competitors. This is near median its historical median of 33.24. According to the industry distribution chart, Frendy Energy SpA ranks #256 out of 339 companies in the Utilities - Independent Power Producers industry, placing it in the top 75.5%.
Is Frendy Energy SpA's EV-to-EBIT too high?
Frendy Energy SpA's current EV-to-EBIT of 34.29 is near median its 10-year median of 33.24. The Utilities - Independent Power Producers industry median EV-to-EBIT is 17.58. Frendy Energy SpA's value of 34.29 is 95.1% above this industry median. Based on the distribution chart, Frendy Energy SpA ranks #256 out of 339 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Frendy Energy SpA has a GF Score™ of 28/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Frendy Energy SpA's EV-to-EBIT compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Frendy Energy SpA ranks #256 out of 339 companies for EV-to-EBIT. This places Frendy Energy SpA in the lower half of its industry. The industry median EV-to-EBIT is 17.58. Frendy Energy SpA's value of 34.29 is 95.1% above this benchmark. While the company's 10-year median is 33.24 vs. the industry median of 17.58, Frendy Energy 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 an Utilities - Independent Power Producers company?
The median EV-to-EBIT among Utilities - Independent Power Producers companies is 17.58, based on 339 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. Frendy Energy SpA's current EV-to-EBIT of 34.29 is 95.1% 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 Frendy Energy SpA and its competitors. For the Utilities - Independent Power Producers industry, the median EV-to-EBIT is 17.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frendy Energy SpA's current EV-to-EBIT is 34.29, which is near median its own 10-year median of 33.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frendy Energy SpA stock overvalued right now?
Based on GuruFocus' analysis, Frendy Energy SpA (MIL:FRE) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.22, compared to a current price of €0.18 — trading 17.7% below its estimated fair value. The current EV-to-EBIT is 34.29, which is near median its 10-year median of 33.24 and 95.1% above the Utilities - Independent Power Producers industry median of 17.58. Frendy Energy SpA's overall GF Score™ is 28/100 with 2 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 Frendy Energy SpA (MIL:FRE), the current EV-to-EBIT is 34.29 as of Jul. 05, 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 Frendy Energy SpA (MIL:FRE) Overvalued in 2026?

Based on GuruFocus' analysis, Frendy Energy SpA stock appears to be undervalued. The current stock price of €0.18 is trading 17.7% below its estimated GF Value™ of €0.22. GuruFocus considers Frendy Energy SpA to be Modestly Undervalued.

Key valuation signals for MIL:FRE:

  • EV-to-EBIT: 34.29 (near median its 10-year median of 33.24)
  • GF Value™: €0.22 vs. price of €0.18 (17.7% below fair value)
  • GF Score™: 28/100 with 2 warning signs
  • Industry Position: 95.1% above the Utilities - Independent Power Producers median (#256 of 339)

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


Frendy Energy SpA Business Description

Address Foro Buonaparte, 31, Milano, ITA, 20121
Frendy Energy SpA is an Italian company. It is engaged in building and operating mini hydropower plants towards the production and sale of electricity.
28GF Score

Get the complete analysis for MIL:FRE

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

€0.18
Price
€0.22
GF Value