TERRF (Terna SpA) EV-to-EBIT: 16.92 (As of Aug. 02, 2026) — Near Median

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TERRF Terna SpA TERRF
89 GF Score
Price $10.95
GF Value $11.02
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Terna SpA EV-to-EBIT?

Terna SpA TERRF 89 EV-to-EBIT is 16.92 as of Aug. 02, 2026, which is 1% above its 10-year median of 16.83. GuruFocus rates TERRF with a GF Score™ of 89/100 and a GF Value™ of $11.02 (Fairly Valued). The stock has 3 warning signs investors should review. Among 463 Utilities - Regulated companies, Terna SpA ranks worse than 65.01% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Terna SpA's Enterprise Value is $38,004 Mil. Terna SpA's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $2,246 Mil. Therefore, Terna SpA's EV-to-EBIT for today is 16.92.

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

TERRF' s EV-to-EBIT Range Over the Past 10 Years
Min: 8.7   Med: 16.83   Max: 20.46
Current: 17.08

During the past 13 years, the highest EV-to-EBIT of Terna SpA was 20.46. The lowest was 8.70. And the median was 16.83.

TERRF's EV-to-EBIT is ranked worse than
65.01% of 463 companies
in the Utilities - Regulated industry
Industry Median: 13.74 vs TERRF: 17.08

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Terna SpA's Enterprise Value for the quarter that ended in Jun. 2026 was $38,050 Mil. Terna SpA's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $2,246 Mil. Terna SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 5.90%.


Terna SpA  (OTCPK:TERRF) 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) %.

Terna 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 )
=2245.84/38049.8056
=5.90 %

Terna SpA's Enterprise Value for the quarter that ended in Jun. 2026 was $38,050 Mil.
Terna 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 $2,246 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.


Terna SpA EV-to-EBIT Related Terms


Terna SpA EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Terna 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.

Terna SpA EV-to-EBIT Chart

Terna 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 19.96 16.53 17.80 14.83 16.54

Terna 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 15.41 15.07 16.54 16.37 17.19

TERRF vs NEE, SO, DUK: EV-to-EBIT Comparison

For the Utilities - Regulated Electric subindustry, Terna 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.


Terna SpA EV-to-EBIT vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Terna SpA's EV-to-EBIT distribution charts can be found below:

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


TERRF
89GF Score
Terna SpA TERRF
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Terna SpA EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=38004.296/2245.84
=16.92

Terna SpA's current Enterprise Value is $38,004 Mil.
Terna 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 $2,246 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 16.92 mean?
Terna SpA (TERRF) has a EV-to-EBIT of 16.92 as of Aug. 02, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Terna SpA and its competitors. This is near median its historical median of 16.83. Over the past decade, Terna SpA's EV-to-EBIT has ranged from 8.70 to 20.46. According to the industry distribution chart, Terna SpA ranks #301 out of 463 companies in the Utilities - Regulated industry, placing it in the top 65%.
Is Terna SpA's EV-to-EBIT too high?
Terna SpA's current EV-to-EBIT of 16.92 is near median its 10-year median of 16.83. Over the past 10 years, this metric has ranged from a low of 8.70 to a high of 20.46. The Utilities - Regulated industry median EV-to-EBIT is 13.74. Terna SpA's value of 16.92 is 23.1% above this industry median. Based on the distribution chart, Terna SpA ranks #301 out of 463 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Terna SpA has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Terna SpA's EV-to-EBIT compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Terna SpA ranks #301 out of 463 companies for EV-to-EBIT. This places Terna SpA in the lower half of its industry. The industry median EV-to-EBIT is 13.74. Terna SpA's value of 16.92 is 23.1% above this benchmark. Historically, Terna SpA's own EV-to-EBIT has ranged from 8.70 to 20.46 over the past decade. While the company's 10-year median is 16.83 vs. the industry median of 13.74, Terna 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 - Regulated company?
The median EV-to-EBIT among Utilities - Regulated companies is 13.74, based on 463 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. Terna SpA's current EV-to-EBIT of 16.92 is 23.1% 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 Terna SpA and its competitors. For the Utilities - Regulated industry, the median EV-to-EBIT is 13.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Terna SpA's current EV-to-EBIT is 16.92, which is near median its own 10-year median of 16.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Terna SpA stock overvalued right now?
Based on GuruFocus' analysis, Terna SpA (TERRF) is currently considered Fairly Valued. The stock's GF Value™ is $11.02, compared to a current price of $10.95 — trading 0.6% below its estimated fair value. The current EV-to-EBIT is 16.92, which is near median its 10-year median of 16.83 and 23.1% above the Utilities - Regulated industry median of 13.74. Terna SpA's overall GF Score™ is 89/100 with 3 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 Terna SpA (TERRF), the current EV-to-EBIT is 16.92 as of Aug. 02, 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 Terna SpA (TERRF) Overvalued in 2026?

Based on GuruFocus' analysis, Terna SpA stock appears to be undervalued. The current stock price of $10.95 is trading 0.6% below its estimated GF Value™ of $11.02. GuruFocus considers Terna SpA to be Fairly Valued.

Key valuation signals for TERRF:

  • EV-to-EBIT: 16.92 (near median its 10-year median of 16.83)
  • GF Value™: $11.02 vs. price of $10.95 (0.6% below fair value)
  • GF Score™: 89/100 with 3 warning signs
  • Industry Position: 23.1% above the Utilities - Regulated median (#301 of 463)

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


Terna SpA Business Description

Address Viale Egidio Galbani 70, Rome, ITA, 00156
Terna SpA is an electricity transmission system operator that owns virtually all of the Italian National Transmission Grid. With a monopoly under an Italian government license, Terna transmits and dispatches electricity throughout the country. It is also responsible for the planning, construction, and maintenance of the nation's electrical grid. Terna segments its operations into its Regulated Activities, Non-Regulated Activities, and International Activities. The company generates the vast majority of its revenue from charging transmission fees as a part of its Regulated Activities. Under its Non-Regulated Activities, Terna mainly produces and sells electricity transformers. The company has also made efforts to expand its operations into Italy's neighboring countries and North Africa.
89GF Score

Get the complete analysis for TERRF

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

$10.95
Price
$11.02
GF Value