Rai Way SpA (MIL:RWAY) EV-to-EBIT: 10.04 (As of Aug. 01, 2026) — 32% Below Median

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MIL:RWAY Rai Way SpA MIL:RWAY
77 GF Score
Price €4.64
GF Value €5.62
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Rai Way SpA EV-to-EBIT?

Rai Way SpA MIL:RWAY +2.43% 77 EV-to-EBIT is 10.04 as of Aug. 01, 2026, which is 32% below its 10-year median of 14.82. GuruFocus rates MIL:RWAY with a GF Score™ of 77/100 and a GF Value™ of €5.62 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,425 Construction companies, Rai Way SpA ranks better than 57.75% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Rai Way SpA's Enterprise Value is €1,257.1 Mil. Rai Way SpA's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €125.3 Mil. Therefore, Rai Way SpA's EV-to-EBIT for today is 10.04.

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

MIL:RWAY' s EV-to-EBIT Range Over the Past 10 Years
Min: 9.52   Med: 14.82   Max: 19.97
Current: 9.78

During the past 13 years, the highest EV-to-EBIT of Rai Way SpA was 19.97. The lowest was 9.52. And the median was 14.82.

MIL:RWAY's EV-to-EBIT is ranked better than
57.75% of 1425 companies
in the Construction industry
Industry Median: 11.02 vs MIL:RWAY: 9.78

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Rai Way SpA's Enterprise Value for the quarter that ended in Jun. 2026 was €1,369.8 Mil. Rai Way SpA's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €125.3 Mil. Rai Way SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 9.14%.


Rai Way SpA  (MIL:RWAY) 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) %.

Rai Way SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=125.255/1369.83024
=9.14 %

Rai Way SpA's Enterprise Value for the quarter that ended in Jun. 2026 was €1,369.8 Mil.
Rai Way SpA's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €125.3 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.


Rai Way SpA EV-to-EBIT Related Terms


Rai Way SpA EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Rai Way 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.

Rai Way SpA EV-to-EBIT Chart

Rai Way 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 16.37 15.07 11.63 12.12 12.58

Rai Way SpA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 12.57 12.47 12.58 12.32 0.00

MIL:RWAY vs PWR, FIX, EME: EV-to-EBIT Comparison

For the Engineering & Construction subindustry, Rai Way 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.


Rai Way SpA EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, Rai Way SpA's EV-to-EBIT distribution charts can be found below:

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


MIL:RWAY
77GF Score
Rai Way SpA MIL:RWAY
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rai Way SpA EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1257.061/125.255
=10.04

Rai Way SpA's current Enterprise Value is €1,257.1 Mil.
Rai Way SpA's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €125.3 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 10.04 mean?
Rai Way SpA (MIL:RWAY) has a EV-to-EBIT of 10.04 as of Aug. 01, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Rai Way SpA and its competitors. This is 32% below median its historical median of 14.82. Over the past decade, Rai Way SpA's EV-to-EBIT has ranged from 9.52 to 19.97. According to the industry distribution chart, Rai Way SpA ranks #602 out of 1425 companies in the Construction industry, placing it in the top 42.2%.
Is Rai Way SpA's EV-to-EBIT too high?
Rai Way SpA's current EV-to-EBIT of 10.04 is 32% below median its 10-year median of 14.82. Over the past 10 years, this metric has ranged from a low of 9.52 to a high of 19.97. The Construction industry median EV-to-EBIT is 11.02. Rai Way SpA's value of 10.04 is 8.9% below this industry median. Based on the distribution chart, Rai Way SpA ranks #602 out of 1425 companies in the Construction industry, which is above the industry midpoint. Overall, Rai Way SpA has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rai Way SpA's EV-to-EBIT compare to PWR and FIX?
According to the Construction industry distribution chart, Rai Way SpA ranks #602 out of 1425 companies for EV-to-EBIT. This puts Rai Way SpA in the upper half of its industry. The industry median EV-to-EBIT is 11.02. Rai Way SpA's value of 10.04 is 8.9% below this benchmark. Historically, Rai Way SpA's own EV-to-EBIT has ranged from 9.52 to 19.97 over the past decade. While the company's 10-year median is 14.82 vs. the industry median of 11.02, Rai Way SpA has consistently been below 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 Construction company?
The median EV-to-EBIT among Construction companies is 11.02, based on 1,425 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. Rai Way SpA's current EV-to-EBIT of 10.04 is 8.9% below 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 Rai Way SpA and its competitors. For the Construction industry, the median EV-to-EBIT is 11.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rai Way SpA's current EV-to-EBIT is 10.04, which is 32% below median its own 10-year median of 14.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rai Way SpA stock overvalued right now?
Based on GuruFocus' analysis, Rai Way SpA (MIL:RWAY) is currently considered Modestly Undervalued. The stock's GF Value™ is €5.62, compared to a current price of €4.64 — trading 17.4% below its estimated fair value. The current EV-to-EBIT is 10.04, which is 32% below median its 10-year median of 14.82 and 8.9% below the Construction industry median of 11.02. Rai Way SpA's overall GF Score™ is 77/100 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 Rai Way SpA (MIL:RWAY), the current EV-to-EBIT is 10.04 as of Aug. 01, 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 Rai Way SpA (MIL:RWAY) Overvalued in 2026?

Based on GuruFocus' analysis, Rai Way SpA stock appears to be undervalued. The current stock price of €4.64 is trading 17.4% below its estimated GF Value™ of €5.62. GuruFocus considers Rai Way SpA to be Modestly Undervalued.

Key valuation signals for MIL:RWAY:

  • EV-to-EBIT: 10.04 (32% below median its 10-year median of 14.82)
  • GF Value™: €5.62 vs. price of €4.64 (17.4% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 8.9% below the Construction median (#602 of 1425)

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


Rai Way SpA Business Description

Other Exchanges RWAYm:UK0R40:UK4RW:Germany
Address Via Teulada 66, Rome, ITA, 00195
Rai Way SpA is an Italy-based company which operates activity of signal transmission and a broadcasting network of RAI group. The services provided by the company include broadcasting services, transmission services, tower Rental Services and network Services. The company serves its customer by providing implementation and management of the main broadcasting processes which include analog and digital, terrestrial and satellite, for audio, video and data signals, television signals through connecting network. The company allows its clients to have the availability of tower and civil infrastructures to install radio transmitters, planning, construction, installation, management of electronic and telecommunications networks. It provides services throughout Italy.
77GF Score

Get the complete analysis for MIL:RWAY

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

€4.64
Price
€5.62
GF Value