Ermenegildo Zegna NV (FRA:JN0) EV-to-EBITDA: -403.05 (As of Sep. 21, 2026)

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FRA:JN0 Ermenegildo Zegna NV FRA:JN0
84 GF Score
Price €10.64
GF Value €10.02
Valuation Fairly Valued
! 4 Warning Signs
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What is Ermenegildo Zegna NV EV-to-EBITDA?

Ermenegildo Zegna NV FRA:JN0 +4.72% 84 EV-to-EBITDA is -403.05 as of Sep. 21, 2026. GuruFocus rates FRA:JN0 with a GF Score™ of 84/100 and a GF Value™ of €10.02 (Fairly Valued). The stock has 4 warning signs investors should review. Among 900 Manufacturing - Apparel & Accessories companies, Ermenegildo Zegna NV ranks worse than 66.89% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Ermenegildo Zegna NV's enterprise value is €3,806 Mil. Ermenegildo Zegna NV's EBITDA for the trailing twelve months (TTM) ended in Sep. 2021 was €-9 Mil. Therefore, Ermenegildo Zegna NV's EV-to-EBITDA for today is -403.05.

The historical rank and industry rank for Ermenegildo Zegna NV's EV-to-EBITDA or its related term are showing as below:

FRA:JN0' s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.93   Med: 8.97   Max: 33.78
Current: 9.09

During the past 6 years, the highest EV-to-EBITDA of Ermenegildo Zegna NV was 33.78. The lowest was 5.93. And the median was 8.97.

FRA:JN0's EV-to-EBITDA is ranked worse than
66.89% of 900 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 8.97 vs FRA:JN0: 9.09

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.

As of today (2026-09-21), Ermenegildo Zegna NV's stock price is €10.64. Ermenegildo Zegna NV's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2021 was €-0.188. Therefore, Ermenegildo Zegna NV's PE Ratio (TTM) for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Ermenegildo Zegna NV  (FRA:JN0) 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.

Ermenegildo Zegna NV's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=10.64/-0.188
=At Loss

Ermenegildo Zegna NV's share price for today is €10.64.
Ermenegildo Zegna NV's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.188.

* 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).

Please read Which price ratio outperforms the enterprise multiple?


Ermenegildo Zegna NV EV-to-EBITDA Related Terms


Ermenegildo Zegna NV EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Ermenegildo Zegna NV'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.

Ermenegildo Zegna NV EV-to-EBITDA Chart

Ermenegildo Zegna NV Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial 29.57 8.78 8.22 7.13 7.07

Ermenegildo Zegna NV Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21
EV-to-EBITDA - - -1,780.90 -87.02 -45.63

FRA:JN0 vs PVH, KTB, COLM: EV-to-EBITDA Comparison

For the Apparel Manufacturing subindustry, Ermenegildo Zegna NV'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.


Ermenegildo Zegna NV EV-to-EBITDA vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ermenegildo Zegna NV's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ermenegildo Zegna NV's EV-to-EBITDA falls into.


FRA:JN0
84GF Score
Ermenegildo Zegna NV FRA:JN0
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ermenegildo Zegna NV EV-to-EBITDA Calculation

Ermenegildo Zegna NV's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=3806.439/-9.444091261298
=-403.05

Ermenegildo Zegna NV's current Enterprise Value is €3,806 Mil.
Ermenegildo Zegna NV's EBITDA for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was €-9 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-EBITDA →
What does a EV-to-EBITDA of -403.05 mean?
Ermenegildo Zegna NV (FRA:JN0) has a EV-to-EBITDA of -403.05 as of Sep. 21, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ermenegildo Zegna NV. Over the past decade, Ermenegildo Zegna NV's EV-to-EBITDA has ranged from 5.93 to 33.78. According to the industry distribution chart, Ermenegildo Zegna NV ranks #602 out of 900 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 66.9%.
Is Ermenegildo Zegna NV's EV-to-EBITDA too high?
Ermenegildo Zegna NV's current EV-to-EBITDA is -403.05. Over the past 10 years, this metric has ranged from a low of 5.93 to a high of 33.78. Based on the distribution chart, Ermenegildo Zegna NV ranks #602 out of 900 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Ermenegildo Zegna NV has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ermenegildo Zegna NV's EV-to-EBITDA compare to PVH and KTB?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ermenegildo Zegna NV ranks #602 out of 900 companies for EV-to-EBITDA. This places Ermenegildo Zegna NV in the lower half of its industry. The industry median EV-to-EBITDA is 8.97. Historically, Ermenegildo Zegna NV's own EV-to-EBITDA has ranged from 5.93 to 33.78 over the past decade. 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 a Manufacturing - Apparel & Accessories company?
The median EV-to-EBITDA among Manufacturing - Apparel & Accessories companies is 8.97, based on 900 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. 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 Ermenegildo Zegna NV. For the Manufacturing - Apparel & Accessories industry, the median EV-to-EBITDA is 8.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ermenegildo Zegna NV's current EV-to-EBITDA is -403.05. 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 (FRA:JN0) is currently considered Fairly Valued. The stock's GF Value™ is €10.02, compared to a current price of €10.64 — trading 6.2% above its estimated fair value. The current EV-to-EBITDA is -403.05. Ermenegildo Zegna NV's overall GF Score™ is 84/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Ermenegildo Zegna NV (FRA:JN0), the current EV-to-EBITDA is -403.05 as of Sep. 21, 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 (FRA:JN0) Overvalued in 2026?

Based on GuruFocus' analysis, Ermenegildo Zegna NV stock appears to be overvalued. The current stock price of €10.64 is trading 6.2% above its estimated GF Value™ of €10.02. GuruFocus considers Ermenegildo Zegna NV to be Fairly Valued.

Key valuation signals for FRA:JN0:

  • EV-to-EBITDA: -403.05
  • GF Value™: €10.02 vs. price of €10.64 (6.2% above fair value)
  • GF Score™: 84/100 with 4 warning signs

No single metric tells the full story. See the FRA:JN0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ermenegildo Zegna NV Business Description

Other Exchanges ZGN:USAJN0:Germany
Address Viale Roma 99/100, Valdilana location, Trivero, ITA, 13835
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.
84GF Score

Get the complete analysis for FRA:JN0

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

€10.64
Price
€10.02
GF Value