GM Leather SpA (MIL:GML) EV-to-EBIT: 14.38 (As of Jul. 22, 2026) — 54% Above Median

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MIL:GML GM Leather SpA MIL:GML
62 GF Score
Price €0.68
GF Value €1.21
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is GM Leather SpA EV-to-EBIT?

GM Leather SpA MIL:GML -2.86% 62 EV-to-EBIT is 14.38 as of Jul. 22, 2026, which is 54% above its 10-year median of 9.36. GuruFocus rates MIL:GML with a GF Score™ of 62/100 and a GF Value™ of €1.21 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 804 Manufacturing - Apparel & Accessories companies, GM Leather SpA ranks worse than 53.61% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, GM Leather SpA's Enterprise Value is €37.17 Mil. GM Leather SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €2.58 Mil. Therefore, GM Leather SpA's EV-to-EBIT for today is 14.38.

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

MIL:GML' s EV-to-EBIT Range Over the Past 10 Years
Min: 8.46   Med: 9.36   Max: 14.52
Current: 14.39

During the past 6 years, the highest EV-to-EBIT of GM Leather SpA was 14.52. The lowest was 8.46. And the median was 9.36.

MIL:GML's EV-to-EBIT is ranked worse than
53.61% of 804 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 13.44 vs MIL:GML: 14.39

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. GM Leather SpA's Enterprise Value for the quarter that ended in Dec. 2025 was €35.22 Mil. GM Leather SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €2.58 Mil. GM Leather SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 7.34%.


GM Leather SpA  (MIL:GML) 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) %.

GM Leather 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 )
=2.584/35.22491757
=7.34 %

GM Leather SpA's Enterprise Value for the quarter that ended in Dec. 2025 was €35.22 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. GM Leather SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €2.58 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.


GM Leather SpA EV-to-EBIT Related Terms


GM Leather SpA EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for GM Leather 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.

GM Leather SpA EV-to-EBIT Chart

GM Leather SpA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial 0.00 9.78 9.42 11.66 13.63

GM Leather SpA Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.42 0.00 11.66 0.00 13.63

MIL:GML vs AIN: EV-to-EBIT Comparison

For the Textile Manufacturing subindustry, GM Leather 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.


GM Leather SpA EV-to-EBIT vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, GM Leather SpA's EV-to-EBIT distribution charts can be found below:

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


MIL:GML
62GF Score
GM Leather SpA MIL:GML
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GM Leather SpA EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=37.168/2.584
=14.38

GM Leather SpA's current Enterprise Value is €37.17 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. GM Leather SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €2.58 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 14.38 mean?
GM Leather SpA (MIL:GML) has a EV-to-EBIT of 14.38 as of Jul. 22, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on GM Leather SpA and its competitors. This is 54% above median its historical median of 9.36. Over the past decade, GM Leather SpA's EV-to-EBIT has ranged from 8.46 to 14.52. According to the industry distribution chart, GM Leather SpA ranks #431 out of 804 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 53.6%.
Is GM Leather SpA's EV-to-EBIT too high?
GM Leather SpA's current EV-to-EBIT of 14.38 is 54% above median its 10-year median of 9.36. Over the past 10 years, this metric has ranged from a low of 8.46 to a high of 14.52. The Manufacturing - Apparel & Accessories industry median EV-to-EBIT is 13.44. GM Leather SpA's value of 14.38 is 7% above this industry median. Based on the distribution chart, GM Leather SpA ranks #431 out of 804 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, GM Leather SpA has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does GM Leather SpA's EV-to-EBIT compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, GM Leather SpA ranks #431 out of 804 companies for EV-to-EBIT. This places GM Leather SpA in the lower half of its industry. The industry median EV-to-EBIT is 13.44. GM Leather SpA's value of 14.38 is 7% above this benchmark. Historically, GM Leather SpA's own EV-to-EBIT has ranged from 8.46 to 14.52 over the past decade. While the company's 10-year median is 9.36 vs. the industry median of 13.44, GM Leather 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 Manufacturing - Apparel & Accessories company?
The median EV-to-EBIT among Manufacturing - Apparel & Accessories companies is 13.44, based on 804 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. GM Leather SpA's current EV-to-EBIT of 14.38 is 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 GM Leather SpA and its competitors. For the Manufacturing - Apparel & Accessories industry, the median EV-to-EBIT is 13.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GM Leather SpA's current EV-to-EBIT is 14.38, which is 54% above median its own 10-year median of 9.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GM Leather SpA stock overvalued right now?
Based on GuruFocus' analysis, GM Leather SpA (MIL:GML) is currently considered Possible Value Trap. The stock's GF Value™ is €1.21, compared to a current price of €0.68 — trading 43.8% below its estimated fair value. The current EV-to-EBIT is 14.38, which is 54% above median its 10-year median of 9.36 and 7% above the Manufacturing - Apparel & Accessories industry median of 13.44. GM Leather SpA's overall GF Score™ is 62/100 with 9 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 GM Leather SpA (MIL:GML), the current EV-to-EBIT is 14.38 as of Jul. 22, 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 GM Leather SpA (MIL:GML) Overvalued in 2026?

Based on GuruFocus' analysis, GM Leather SpA stock appears to be undervalued. The current stock price of €0.68 is trading 43.8% below its estimated GF Value™ of €1.21. GuruFocus considers GM Leather SpA to be Possible Value Trap.

Key valuation signals for MIL:GML:

  • EV-to-EBIT: 14.38 (54% above median its 10-year median of 9.36)
  • GF Value™: €1.21 vs. price of €0.68 (43.8% below fair value)
  • GF Score™: 62/100 with 9 warning signs
  • Industry Position: 7% above the Manufacturing - Apparel & Accessories median (#431 of 804)

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


GM Leather SpA Business Description

Address Via Olimpica 11, Arzignano, ITA, 36071
GM Leather SpA engages in the treatment, processing, and marketing of bovine leather. Its products are predominantly intended for the furniture, leather goods, and footwear industries. Geographically, the company derives its maximum revenue from non-EU countries followed by Italy and EU countries.
62GF Score

Get the complete analysis for MIL:GML

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

€0.68
Price
€1.21
GF Value