Smart Capital SpA (MIL:SMCAP) EV-to-EBIT: 9.49 (As of Jul. 28, 2026) — 70% Below Median

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MIL:SMCAP Smart Capital SpA MIL:SMCAP
9 GF Score
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What is Smart Capital SpA EV-to-EBIT?

Smart Capital SpA MIL:SMCAP 9 EV-to-EBIT is 9.49 as of Jul. 28, 2026, which is 70% below its 10-year median of 31.37. GuruFocus rates MIL:SMCAP with a GF Score™ of 9/100. The stock has 4 warning signs investors should review. Among 496 Asset Management companies, Smart Capital SpA ranks worse than 50.2% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Smart Capital SpA's Enterprise Value is €88.13 Mil. Smart Capital SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €9.29 Mil. Therefore, Smart Capital SpA's EV-to-EBIT for today is 9.49.

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

MIL:SMCAP' s EV-to-EBIT Range Over the Past 10 Years
Min: 8.53   Med: 31.37   Max: 66.98
Current: 9.49

During the past 4 years, the highest EV-to-EBIT of Smart Capital SpA was 66.98. The lowest was 8.53. And the median was 31.37.

MIL:SMCAP's EV-to-EBIT is ranked worse than
50.2% of 496 companies
in the Asset Management industry
Industry Median: 9.47 vs MIL:SMCAP: 9.49

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Smart Capital SpA's Enterprise Value for the quarter that ended in Dec. 2025 was €83.20 Mil. Smart Capital SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €9.29 Mil. Smart Capital SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 11.16%.


Smart Capital SpA  (MIL:SMCAP) 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) %.

Smart Capital 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 )
=9.286/83.20457
=11.16 %

Smart Capital SpA's Enterprise Value for the quarter that ended in Dec. 2025 was €83.20 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Smart Capital SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €9.29 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.


Smart Capital SpA EV-to-EBIT Related Terms


Smart Capital SpA EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Smart Capital 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.

Smart Capital SpA EV-to-EBIT Chart

Smart Capital SpA Annual Data
Trend Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
0.00 0.00 31.37 8.96

Smart Capital SpA Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-EBIT Get a 7-Day Free Trial 0.00 0.00 31.37 0.00 8.96

MIL:SMCAP vs BLK, BX, KKR: EV-to-EBIT Comparison

For the Asset Management subindustry, Smart Capital 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.


Smart Capital SpA EV-to-EBIT vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Smart Capital SpA's EV-to-EBIT distribution charts can be found below:

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


MIL:SMCAP
9GF Score
Smart Capital SpA MIL:SMCAP
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Smart Capital SpA EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=88.133/9.286
=9.49

Smart Capital SpA's current Enterprise Value is €88.13 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Smart Capital SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €9.29 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 9.49 mean?
Smart Capital SpA (MIL:SMCAP) has a EV-to-EBIT of 9.49 as of Jul. 28, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Smart Capital SpA and its competitors. This is 70% below median its historical median of 31.37. Over the past decade, Smart Capital SpA's EV-to-EBIT has ranged from 8.53 to 66.98. According to the industry distribution chart, Smart Capital SpA ranks #249 out of 496 companies in the Asset Management industry, placing it in the top 50.2%.
Is Smart Capital SpA's EV-to-EBIT too high?
Smart Capital SpA's current EV-to-EBIT of 9.49 is 70% below median its 10-year median of 31.37. Over the past 10 years, this metric has ranged from a low of 8.53 to a high of 66.98. The Asset Management industry median EV-to-EBIT is 9.47. Smart Capital SpA's value of 9.49 is 0.2% above this industry median. Based on the distribution chart, Smart Capital SpA ranks #249 out of 496 companies in the Asset Management industry, which is below the industry midpoint. Overall, Smart Capital SpA has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Smart Capital SpA's EV-to-EBIT compare to BLK and BX?
According to the Asset Management industry distribution chart, Smart Capital SpA ranks #249 out of 496 companies for EV-to-EBIT. This places Smart Capital SpA in the lower half of its industry. The industry median EV-to-EBIT is 9.47. Smart Capital SpA's value of 9.49 is 0.2% above this benchmark. Historically, Smart Capital SpA's own EV-to-EBIT has ranged from 8.53 to 66.98 over the past decade. While the company's 10-year median is 31.37 vs. the industry median of 9.47, Smart Capital 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 Asset Management company?
The median EV-to-EBIT among Asset Management companies is 9.47, based on 496 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. Smart Capital SpA's current EV-to-EBIT of 9.49 is 0.2% 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 Smart Capital SpA and its competitors. For the Asset Management industry, the median EV-to-EBIT is 9.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart Capital SpA's current EV-to-EBIT is 9.49, which is 70% below median its own 10-year median of 31.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart Capital SpA stock overvalued right now?
Smart Capital SpA (MIL:SMCAP) has a current EV-to-EBIT of 9.49. The current EV-to-EBIT is 9.49, which is 70% below median its 10-year median of 31.37 and 0.2% above the Asset Management industry median of 9.47. Smart Capital SpA's overall GF Score™ is 9/100 with 4 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 Smart Capital SpA (MIL:SMCAP), the current EV-to-EBIT is 9.49 as of Jul. 28, 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.

Smart Capital SpA Business Description

Address Via Carlo Alberto, 11, Monza, ITA, 20900
Smart Capital SpA is a permanent capital industrial holding company specializing in private investments in public equity (PIPE) and private equity, focusing on small and medium-sized Italian companies, listed, unlisted or in the pre-IPO phase, operating both in Italy and abroad. It is characterized, also in its investment approach, by an entrepreneurial and longterm DNA. The company's main activity consists of acquiring shares and other financial instruments that allow the purchase or subscription of shares, including in the context of capital increases, at the time of listing or subsequently (such as the PIPE), reserved placements, public subscription and sale offers.
9GF Score

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