Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
A2A SpACHIX:A2AM 81 EV-to-EBITDA is 6.05 as of Jul. 28, 2026, which is 56% below its 10-year median of 13.69. GuruFocus rates CHIX:A2AM with a GF Score™ of 81/100 and a GF Value™ of €2.38 (Fairly Valued). The stock has 3 warning signs investors should review. Among 468 Utilities - Regulated companies, A2A SpA ranks better than 77.78% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, A2A SpA's enterprise value is €13,237 Mil.
A2A SpA's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €2,187 Mil. Therefore, A2A SpA's EV-to-EBITDA for today is 6.05.
The historical rank and industry rank for A2A SpA's EV-to-EBITDA or its related term are showing as below:
CHIX:A2Am'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 1.98 Med: 13.69 Max: 17.12
Current: 6.05
During the past 13 years, the highest EV-to-EBITDA of A2A SpA was 17.12. The lowest was 1.98. And the median was 13.69.
CHIX:A2Am's EV-to-EBITDA is ranked better than 77.78% of 468
companies
in the Utilities - Regulated industry
Industry Median: 9.97
vs CHIX:A2Am: 6.05
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
A2A SpA (CHIX:A2Am) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
A2A SpA's share price for today is €2.353.
A2A SpA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.227.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for A2A SpA's EV-to-EBITDA 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 Utilities - Diversified subindustry, A2A SpA's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.
A2A SpA EV-to-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, A2A SpA's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where A2A SpA's EV-to-EBITDA falls into.
A2A SpA's current Enterprise Value is €13,237 Mil.
A2A SpA's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €2,187 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.
A2A SpA (CHIX:A2AM) has a EV-to-EBITDA of 6.05 as of Jul. 28, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on A2A SpA. This is 56% below median its historical median of 13.69. Over the past decade, A2A SpA's EV-to-EBITDA has ranged from 1.98 to 17.12. According to the industry distribution chart, A2A SpA ranks #104 out of 468 companies in the Utilities - Regulated industry, placing it in the top 22.2%.
Is A2A SpA's EV-to-EBITDA too high?
A2A SpA's current EV-to-EBITDA of 6.05 is 56% below median its 10-year median of 13.69. Over the past 10 years, this metric has ranged from a low of 1.98 to a high of 17.12. The Utilities - Regulated industry median EV-to-EBITDA is 9.97. A2A SpA's value of 6.05 is 39.3% below this industry median. Based on the distribution chart, A2A SpA ranks #104 out of 468 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, A2A SpA has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does A2A SpA's EV-to-EBITDA compare to SRE?
According to the Utilities - Regulated industry distribution chart, A2A SpA ranks #104 out of 468 companies for EV-to-EBITDA. This places A2A SpA in the top 22% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 9.97. A2A SpA's value of 6.05 is 39.3% below this benchmark. Historically, A2A SpA's own EV-to-EBITDA has ranged from 1.98 to 17.12 over the past decade. While the company's 10-year median is 13.69 vs. the industry median of 9.97, A2A 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-EBITDA for an Utilities - Regulated company?
The median EV-to-EBITDA among Utilities - Regulated companies is 9.97, based on 468 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. A2A SpA's current EV-to-EBITDA of 6.05 is 39.3% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on A2A SpA. For the Utilities - Regulated industry, the median EV-to-EBITDA is 9.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. A2A SpA's current EV-to-EBITDA is 6.05, which is 56% below median its own 10-year median of 13.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is A2A SpA stock overvalued right now?
Based on GuruFocus' analysis, A2A SpA (CHIX:A2AM) is currently considered Fairly Valued. The stock's GF Value™ is €2.38, compared to a current price of €2.35 — trading 1.1% below its estimated fair value. The current EV-to-EBITDA is 6.05, which is 56% below median its 10-year median of 13.69 and 39.3% below the Utilities - Regulated industry median of 9.97. A2A SpA's overall GF Score™ is 81/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For A2A SpA (CHIX:A2AM), the current EV-to-EBITDA is 6.05 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.
Is A2A SpA (CHIX:A2AM) Overvalued in 2026?
Based on GuruFocus' analysis, A2A SpA stock appears to be undervalued.
The current stock price of €2.35 is trading 1.1% below its estimated GF Value™ of €2.38.
GuruFocus considers A2A SpA to be Fairly Valued.
Key valuation signals for CHIX:A2AM:
EV-to-EBITDA: 6.05 (56% below median its 10-year median of 13.69)
GF Value™: €2.38 vs. price of €2.35 (1.1% below fair value)
Industry Position: 39.3% below the Utilities - Regulated median (#104 of 468)
No single metric tells the full story. See the CHIX:A2AM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
A2A SpA together with its subsidiaries is engaged in the production, sale, and distribution of electricity; sale and distribution of gas; production, distribution, and sale of heat through district heating networks, technical consultancy relating to energy efficiency certificates, waste management (from collection and sweeping to disposal) and the construction and management of integrated waste disposal plants and systems, also making these available for other operators, and integrated water cycle management.
81GF Score
Get the complete analysis for CHIX:A2AM
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:A2AM has been successfully added to your 
