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.
Adventure SpAMIL:ADV +1.54%15 EV-to-EBITDA is 33.96 as of Jul. 30, 2026, which is 50% below its 10-year median of 68.28. GuruFocus rates MIL:ADV with a GF Score™ of 15/100. The stock has 6 warning signs investors should review. Among 1,959 Software companies, Adventure SpA ranks worse than 82.39% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Adventure SpA's enterprise value is €103.38 Mil.
Adventure SpA's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €3.04 Mil. Therefore, Adventure SpA's EV-to-EBITDA for today is 33.96.
The historical rank and industry rank for Adventure SpA's EV-to-EBITDA or its related term are showing as below:
MIL:ADV'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 18.08 Med: 68.28 Max: 98.29
Current: 33.96
During the past 4 years, the highest EV-to-EBITDA of Adventure SpA was 98.29. The lowest was 18.08. And the median was 68.28.
MIL:ADV's EV-to-EBITDA is ranked worse than 82.39% of 1959
companies
in the Software industry
Industry Median: 10.4
vs MIL:ADV: 33.96
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).
Adventure SpA (MIL:ADV) 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.
Adventure SpA's PE Ratio (TTM) for today is calculated as:
Adventure SpA's share price for today is €13.20.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Adventure SpA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.023.
* 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 Adventure 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.
MIL:ADV vs QH, SHOP, UBER: EV-to-EBITDA Comparison
For the Software - Application subindustry, Adventure 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.
Adventure SpA EV-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Adventure SpA's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Adventure SpA's EV-to-EBITDA falls into.
Adventure SpA's current Enterprise Value is €103.38 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Adventure SpA's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €3.04 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.
Adventure SpA (MIL:ADV) has a EV-to-EBITDA of 33.96 as of Jul. 30, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Adventure SpA. This is 50% below median its historical median of 68.28. Over the past decade, Adventure SpA's EV-to-EBITDA has ranged from 18.08 to 98.29. According to the industry distribution chart, Adventure SpA ranks #1614 out of 1959 companies in the Software industry, placing it in the top 82.4%.
Is Adventure SpA's EV-to-EBITDA too high?
Adventure SpA's current EV-to-EBITDA of 33.96 is 50% below median its 10-year median of 68.28. Over the past 10 years, this metric has ranged from a low of 18.08 to a high of 98.29. The Software industry median EV-to-EBITDA is 10.40. Adventure SpA's value of 33.96 is 226.5% above this industry median. Based on the distribution chart, Adventure SpA ranks #1614 out of 1959 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Adventure SpA has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Adventure SpA's EV-to-EBITDA compare to QH and SHOP?
According to the Software industry distribution chart, Adventure SpA ranks #1614 out of 1959 companies for EV-to-EBITDA. This places Adventure SpA in the lower half of its industry. The industry median EV-to-EBITDA is 10.40. Adventure SpA's value of 33.96 is 226.5% above this benchmark. Historically, Adventure SpA's own EV-to-EBITDA has ranged from 18.08 to 98.29 over the past decade. While the company's 10-year median is 68.28 vs. the industry median of 10.40, Adventure 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-EBITDA for a Software company?
The median EV-to-EBITDA among Software companies is 10.40, based on 1,959 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. Adventure SpA's current EV-to-EBITDA of 33.96 is 226.5% 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-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 Adventure SpA. For the Software industry, the median EV-to-EBITDA is 10.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adventure SpA's current EV-to-EBITDA is 33.96, which is 50% below median its own 10-year median of 68.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adventure SpA stock overvalued right now?
Adventure SpA (MIL:ADV) has a current EV-to-EBITDA of 33.96. The current EV-to-EBITDA is 33.96, which is 50% below median its 10-year median of 68.28 and 226.5% above the Software industry median of 10.40. Adventure SpA's overall GF Score™ is 15/100 with 6 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 Adventure SpA (MIL:ADV), the current EV-to-EBITDA is 33.96 as of Jul. 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.
Adventure SpA operates as an online rate comparison platform. The company is engaged in providing carious services that includes lead generation solutions, Advertising solutions, Web development solutions, operational efficiency improvement, and others. The core business of the company is through the portal ameconviene.it a website dedicated to providing consumers with in-depth and up-to-date services and information on tracking the value for its finances, with a focus on home savings, investments, and smart financial choices.
15GF Score
Get the complete analysis for MIL:ADV
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
MIL:ADV has been successfully added to your 
