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Ermenegildo Zegna NVZGN +0.66%82 EV-to-EBIT is 21.79 as of Aug. 30, 2026, which is 27% above its 10-year median of 17.15. GuruFocus rates ZGN with a GF Score™ of 82/100 and a GF Value™ of $11.53 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 828 Manufacturing - Apparel & Accessories companies, Ermenegildo Zegna NV ranks worse than 72.95% on this metric.
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.
Ermenegildo Zegna NV's Enterprise Value for the quarter that ended in Dec. 2025 was $3,626 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ermenegildo Zegna NV's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $209 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.
Ermenegildo Zegna NV EV-to-EBIT Related Terms
Ermenegildo Zegna NV EV-to-EBIT Historical Data
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The historical data trend for Ermenegildo Zegna NV'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.
For the Apparel Manufacturing subindustry, Ermenegildo Zegna NV'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.
Ermenegildo Zegna NV EV-to-EBIT vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ermenegildo Zegna NV's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Ermenegildo Zegna NV's EV-to-EBIT falls into.
Ermenegildo Zegna NV's current Enterprise Value is $4,557 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ermenegildo Zegna NV's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $209 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.
Ermenegildo Zegna NV (ZGN) has a EV-to-EBIT of 21.79 as of Aug. 30, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Ermenegildo Zegna NV and its competitors. This is 27% above median its historical median of 17.15. According to the industry distribution chart, Ermenegildo Zegna NV ranks #604 out of 828 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 72.9%.
Is Ermenegildo Zegna NV's EV-to-EBIT too high?
Ermenegildo Zegna NV's current EV-to-EBIT of 21.79 is 27% above median its 10-year median of 17.15. The Manufacturing - Apparel & Accessories industry median EV-to-EBIT is 12.92. Ermenegildo Zegna NV's value of 21.79 is 68.7% above this industry median. Based on the distribution chart, Ermenegildo Zegna NV ranks #604 out of 828 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Ermenegildo Zegna NV has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ermenegildo Zegna NV's EV-to-EBIT compare to PVH and COLM?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ermenegildo Zegna NV ranks #604 out of 828 companies for EV-to-EBIT. This places Ermenegildo Zegna NV in the lower half of its industry. The industry median EV-to-EBIT is 12.92. Ermenegildo Zegna NV's value of 21.79 is 68.7% above this benchmark. While the company's 10-year median is 17.15 vs. the industry median of 12.92, Ermenegildo Zegna NV 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 12.92, based on 828 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. Ermenegildo Zegna NV's current EV-to-EBIT of 21.79 is 68.7% 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 Ermenegildo Zegna NV and its competitors. For the Manufacturing - Apparel & Accessories industry, the median EV-to-EBIT is 12.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ermenegildo Zegna NV's current EV-to-EBIT is 21.79, which is 27% above median its own 10-year median of 17.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ermenegildo Zegna NV stock overvalued right now?
Based on GuruFocus' analysis, Ermenegildo Zegna NV (ZGN) is currently considered Modestly Overvalued. The stock's GF Value™ is $11.53, compared to a current price of $13.73 — trading 19.1% above its estimated fair value. The current EV-to-EBIT is 21.79, which is 27% above median its 10-year median of 17.15 and 68.7% above the Manufacturing - Apparel & Accessories industry median of 12.92. Ermenegildo Zegna NV's overall GF Score™ is 82/100 with 7 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 Ermenegildo Zegna NV (ZGN), the current EV-to-EBIT is 21.79 as of Aug. 30, 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 Ermenegildo Zegna NV (ZGN) Overvalued in 2026?
Based on GuruFocus' analysis, Ermenegildo Zegna NV stock appears to be overvalued.
The current stock price of $13.73 is trading 19.1% above its estimated GF Value™ of $11.53.
GuruFocus considers Ermenegildo Zegna NV to be Modestly Overvalued.
Key valuation signals for ZGN:
EV-to-EBIT: 21.79 (27% above median its 10-year median of 17.15)
GF Value™: $11.53 vs. price of $13.73 (19.1% above fair value)
Industry Position: 68.7% above the Manufacturing - Apparel & Accessories median (#604 of 828)
No single metric tells the full story. See the ZGN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ermenegildo Zegna NV designs creates, and distributes luxury menswear and accessories under the Zegna brand, as well as womenswear, menswear, and accessories under the Thom Browne brand. The company operates in three segments: the Zegna segment (comprising three product lines: Zegna Branded Products, Textile, and Third Party Brands); the Thom Browne segment, and the Tom Ford Fashion segment. The company generates the majority of revenue from the Zegna segment.
82GF Score
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