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First Capital SpAMIL:FIC -1.17%29 EV-to-EBITDA is 4.25 as of Jul. 27, 2026, which is 18% below its 10-year median of 5.21. GuruFocus rates MIL:FIC with a GF Score™ of 29/100. The stock has 3 warning signs investors should review. Among 515 Capital Markets companies, First Capital SpA ranks better than 74.56% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, First Capital SpA's enterprise value is €85.27 Mil.
First Capital SpA's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €20.05 Mil. Therefore, First Capital SpA's EV-to-EBITDA for today is 4.25.
The historical rank and industry rank for First Capital SpA's EV-to-EBITDA or its related term are showing as below:
MIL:FIC'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -19.35 Med: 5.21 Max: 35.77
Current: 4.25
During the past 13 years, the highest EV-to-EBITDA of First Capital SpA was 35.77. The lowest was -19.35. And the median was 5.21.
MIL:FIC's EV-to-EBITDA is ranked better than 74.56% of 515
companies
in the Capital Markets industry
Industry Median: 9.48
vs MIL:FIC: 4.25
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).
First Capital SpA (MIL:FIC) 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.
First Capital SpA's PE Ratio (TTM) for today is calculated as:
First Capital SpA's share price for today is €16.95.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. First Capital SpA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €4.524.
* 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 First Capital 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 Capital Markets subindustry, First Capital 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.
First Capital SpA EV-to-EBITDA vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, First Capital SpA's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where First Capital SpA's EV-to-EBITDA falls into.
First Capital SpA's current Enterprise Value is €85.27 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. First Capital SpA's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €20.05 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.
First Capital SpA (MIL:FIC) has a EV-to-EBITDA of 4.25 as of Jul. 27, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on First Capital SpA. This is 18% below median its historical median of 5.21. According to the industry distribution chart, First Capital SpA ranks #131 out of 515 companies in the Capital Markets industry, placing it in the top 25.4%.
Is First Capital SpA's EV-to-EBITDA too high?
First Capital SpA's current EV-to-EBITDA of 4.25 is 18% below median its 10-year median of 5.21. The Capital Markets industry median EV-to-EBITDA is 9.48. First Capital SpA's value of 4.25 is 55.2% below this industry median. Based on the distribution chart, First Capital SpA ranks #131 out of 515 companies in the Capital Markets industry, which is above the industry midpoint. Overall, First Capital SpA has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does First Capital SpA's EV-to-EBITDA compare to MS and GS?
According to the Capital Markets industry distribution chart, First Capital SpA ranks #131 out of 515 companies for EV-to-EBITDA. This puts First Capital SpA in the upper half of its industry. The industry median EV-to-EBITDA is 9.48. First Capital SpA's value of 4.25 is 55.2% below this benchmark. While the company's 10-year median is 5.21 vs. the industry median of 9.48, First Capital 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 a Capital Markets company?
The median EV-to-EBITDA among Capital Markets companies is 9.48, based on 515 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. First Capital SpA's current EV-to-EBITDA of 4.25 is 55.2% 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 First Capital SpA. For the Capital Markets industry, the median EV-to-EBITDA is 9.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Capital SpA's current EV-to-EBITDA is 4.25, which is 18% below median its own 10-year median of 5.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Capital SpA stock overvalued right now?
First Capital SpA (MIL:FIC) has a current EV-to-EBITDA of 4.25. The current EV-to-EBITDA is 4.25, which is 18% below median its 10-year median of 5.21 and 55.2% below the Capital Markets industry median of 9.48. First Capital SpA's overall GF Score™ is 29/100 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 First Capital SpA (MIL:FIC), the current EV-to-EBITDA is 4.25 as of Jul. 27, 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.
First Capital SpA is an investment holding company specialising in Public Equity and Private Equity Investments, focused on Small-Medium Enterprises, with an active approach to managing investee companies. It seeks investment opportunities among companies in niche markets with skilled management teams and with sustainable development plans. The company is a long-term investor which contributes to an increase of its target companies' value over time, supporting entrepreneurs for the creation of successful strategies, also through the appointment of its candidates in the administrative and supervisory bodies.
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