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.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Aedes SpA's enterprise value is €12.57 Mil.
Aedes SpA's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.38 Mil. Therefore, Aedes SpA's EV-to-EBITDA for today is -33.43.
The historical rank and industry rank for Aedes SpA's EV-to-EBITDA or its related term are showing as below:
MIL:AEDES'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -52.26 Med: -2.31 Max: 20.2
Current: -33.43
During the past 13 years, the highest EV-to-EBITDA of Aedes SpA was 20.20. The lowest was -52.26. And the median was -2.31.
MIL:AEDES's EV-to-EBITDA is ranked worse than 100% of 676
companies
in the REITs industry
Industry Median: 15.465
vs MIL:AEDES: -33.43
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.
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.
Aedes SpA's share price for today is €0.85.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Aedes 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 Aedes 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 REIT - Retail subindustry, Aedes 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.
Aedes SpA EV-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Aedes SpA's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Aedes SpA's EV-to-EBITDA falls into.
Aedes SpA's current Enterprise Value is €12.57 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Aedes SpA's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.38 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.
Aedes SpA (MIL:AEDES) has a EV-to-EBITDA of -33.43 as of Aug. 15, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Aedes SpA. According to the industry distribution chart, Aedes SpA ranks #999999 out of 676 companies in the REITs industry.
Is Aedes SpA's EV-to-EBITDA too high?
Aedes SpA's current EV-to-EBITDA is -33.43. Based on the distribution chart, Aedes SpA ranks #999999 out of 676 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Aedes SpA has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Aedes SpA's EV-to-EBITDA compare to SPG and O?
According to the REITs industry distribution chart, Aedes SpA ranks #999999 out of 676 companies for EV-to-EBITDA. This places Aedes SpA in the lower half of its industry. The industry median EV-to-EBITDA is 15.47. 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 REITs company?
The median EV-to-EBITDA among REITs companies is 15.47, based on 676 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 Aedes SpA. For the REITs industry, the median EV-to-EBITDA is 15.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aedes SpA's current EV-to-EBITDA is -33.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aedes SpA stock overvalued right now?
Based on GuruFocus' analysis, Aedes SpA (MIL:AEDES) is currently considered Possible Value Trap. The stock's GF Value™ is €4.24, compared to a current price of €0.85 — trading 80% below its estimated fair value. The current EV-to-EBITDA is -33.43. Aedes SpA's overall GF Score™ is 45/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Aedes SpA (MIL:AEDES), the current EV-to-EBITDA is -33.43 as of Aug. 15, 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 Aedes SpA (MIL:AEDES) Overvalued in 2026?
Based on GuruFocus' analysis, Aedes SpA stock appears to be undervalued.
The current stock price of €0.85 is trading 80% below its estimated GF Value™ of €4.24.
GuruFocus considers Aedes SpA to be Possible Value Trap.
Key valuation signals for MIL:AEDES:
EV-to-EBITDA: -33.43
GF Value™: €4.24 vs. price of €0.85 (80% below fair value)
No single metric tells the full story. See the MIL:AEDES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aedes SpA operates in the real estate sector in Italy and internationally. Its two business lines, acquiring income properties to compete with the performances of European REITs and, on the other, creating a new generation of shopping and leisure centers through its pipeline development.
45GF Score
Get the complete analysis for MIL:AEDES
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:AEDES has been successfully added to your 
