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ENAV SpAMIL:ENAV +1.35%84 EV-to-EBITDA is 17.59 as of Jul. 25, 2026, which is 10% above its 10-year median of 16.00. GuruFocus rates MIL:ENAV with a GF Score™ of 84/100 and a GF Value™ of €4.15 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 903 Transportation companies, ENAV SpA ranks worse than 81.51% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, ENAV SpA's enterprise value is €2,815.7 Mil.
ENAV SpA's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €160.1 Mil. Therefore, ENAV SpA's EV-to-EBITDA for today is 17.59.
The historical rank and industry rank for ENAV SpA's EV-to-EBITDA or its related term are showing as below:
MIL:ENAV'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 10.06 Med: 16 Max: 35.47
Current: 17.58
During the past 13 years, the highest EV-to-EBITDA of ENAV SpA was 35.47. The lowest was 10.06. And the median was 16.00.
MIL:ENAV's EV-to-EBITDA is ranked worse than 81.51% of 903
companies
in the Transportation industry
Industry Median: 8.69
vs MIL:ENAV: 17.58
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).
ENAV SpA (MIL:ENAV) 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.
ENAV SpA's share price for today is €4.966.
ENAV 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 €0.184.
* 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 ENAV 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 Airports & Air Services subindustry, ENAV 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.
ENAV SpA EV-to-EBITDA vs Transportation Industry
For the Transportation industry and Industrials sector, ENAV SpA's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where ENAV SpA's EV-to-EBITDA falls into.
ENAV SpA's current Enterprise Value is €2,815.7 Mil.
ENAV 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 €160.1 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.
ENAV SpA (MIL:ENAV) has a EV-to-EBITDA of 17.59 as of Jul. 25, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on ENAV SpA. This is 10% above median its historical median of 16.00. Over the past decade, ENAV SpA's EV-to-EBITDA has ranged from 10.06 to 35.47. According to the industry distribution chart, ENAV SpA ranks #736 out of 903 companies in the Transportation industry, placing it in the top 81.5%.
Is ENAV SpA's EV-to-EBITDA too high?
ENAV SpA's current EV-to-EBITDA of 17.59 is 10% above median its 10-year median of 16.00. Over the past 10 years, this metric has ranged from a low of 10.06 to a high of 35.47. The Transportation industry median EV-to-EBITDA is 8.69. ENAV SpA's value of 17.59 is 102.4% above this industry median. Based on the distribution chart, ENAV SpA ranks #736 out of 903 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, ENAV SpA has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ENAV SpA's EV-to-EBITDA compare to JOBY?
According to the Transportation industry distribution chart, ENAV SpA ranks #736 out of 903 companies for EV-to-EBITDA. This places ENAV SpA in the lower half of its industry. The industry median EV-to-EBITDA is 8.69. ENAV SpA's value of 17.59 is 102.4% above this benchmark. Historically, ENAV SpA's own EV-to-EBITDA has ranged from 10.06 to 35.47 over the past decade. While the company's 10-year median is 16.00 vs. the industry median of 8.69, ENAV 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 Transportation company?
The median EV-to-EBITDA among Transportation companies is 8.69, based on 903 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. ENAV SpA's current EV-to-EBITDA of 17.59 is 102.4% 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 ENAV SpA. For the Transportation industry, the median EV-to-EBITDA is 8.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ENAV SpA's current EV-to-EBITDA is 17.59, which is 10% above median its own 10-year median of 16.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ENAV SpA stock overvalued right now?
Based on GuruFocus' analysis, ENAV SpA (MIL:ENAV) is currently considered Modestly Overvalued. The stock's GF Value™ is €4.15, compared to a current price of €4.97 — trading 19.7% above its estimated fair value. The current EV-to-EBITDA is 17.59, which is 10% above median its 10-year median of 16.00 and 102.4% above the Transportation industry median of 8.69. ENAV SpA's overall GF Score™ is 84/100 with 5 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 ENAV SpA (MIL:ENAV), the current EV-to-EBITDA is 17.59 as of Jul. 25, 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 ENAV SpA (MIL:ENAV) Overvalued in 2026?
Based on GuruFocus' analysis, ENAV SpA stock appears to be overvalued.
The current stock price of €4.97 is trading 19.7% above its estimated GF Value™ of €4.15.
GuruFocus considers ENAV SpA to be Modestly Overvalued.
Key valuation signals for MIL:ENAV:
EV-to-EBITDA: 17.59 (10% above median its 10-year median of 16.00)
GF Value™: €4.15 vs. price of €4.97 (19.7% above fair value)
Industry Position: 102.4% above the Transportation median (#736 of 903)
No single metric tells the full story. See the MIL:ENAV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ENAV SpA is an Italy-based company engaged in providing air navigation and air traffic management services. The Group operates through three segments: Air Navigation Services, Maintenance Services, and AIM Software Solutions Services. The Air Navigation segment provides air traffic control and related services across Italian airspace and airports. The Maintenance segment focuses on the management and maintenance of air traffic control systems and infrastructure. The AIM Software Solutions segment develops software solutions for aeronautical information and air traffic management, along with related commercial and support services. It generates the majority of its revenue from the Flight assistance services segment.
84GF Score
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