Frendy Energy SpAMIL:FRE 28 EV-to-EBITDA is 10.00 as of Jul. 06, 2026, which is 14% below its 10-year median of 11.66. GuruFocus rates MIL:FRE with a GF Score™ of 28/100 and a GF Value™ of €0.22 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 358 Utilities - Independent Power Producers companies, Frendy Energy SpA ranks better than 55.59% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Frendy Energy SpA's enterprise value is €7.68 Mil.
Frendy Energy SpA's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €0.77 Mil. Therefore, Frendy Energy SpA's EV-to-EBITDA for today is 10.00.
The historical rank and industry rank for Frendy Energy SpA's EV-to-EBITDA or its related term are showing as below:
MIL:FRE'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -5.03 Med: 11.66 Max: 70.56
Current: 10
During the past 13 years, the highest EV-to-EBITDA of Frendy Energy SpA was 70.56. The lowest was -5.03. And the median was 11.66.
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).
Frendy Energy SpA (MIL:FRE) 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.
Frendy Energy SpA's PE Ratio (TTM) for today is calculated as:
Frendy Energy SpA's share price for today is €0.181.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Frendy Energy SpA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.001.
* 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 Frendy Energy 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.
Frendy Energy SpA EV-to-EBITDA Competitor Comparison
For the Utilities - Renewable subindustry, Frendy Energy 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.
Frendy Energy SpA EV-to-EBITDA vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Frendy Energy SpA's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Frendy Energy SpA's EV-to-EBITDA falls into.
Frendy Energy SpA's current Enterprise Value is €7.68 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Frendy Energy SpA's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €0.77 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.
Frendy Energy SpA (MIL:FRE) has a EV-to-EBITDA of 10.00 as of Jul. 06, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Frendy Energy SpA. This is 14% below median its historical median of 11.66. According to the industry distribution chart, Frendy Energy SpA ranks #159 out of 358 companies in the Utilities - Independent Power Producers industry, placing it in the top 44.4%.
Is Frendy Energy SpA's EV-to-EBITDA too high?
Frendy Energy SpA's current EV-to-EBITDA of 10.00 is 14% below median its 10-year median of 11.66. The Utilities - Independent Power Producers industry median EV-to-EBITDA is 11.50. Frendy Energy SpA's value of 10.00 is 13% below this industry median. Based on the distribution chart, Frendy Energy SpA ranks #159 out of 358 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Frendy Energy SpA has a GF Score™ of 28/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Frendy Energy SpA's EV-to-EBITDA compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Frendy Energy SpA ranks #159 out of 358 companies for EV-to-EBITDA. This puts Frendy Energy SpA in the upper half of its industry. The industry median EV-to-EBITDA is 11.50. Frendy Energy SpA's value of 10.00 is 13% below this benchmark. While the company's 10-year median is 11.66 vs. the industry median of 11.50, Frendy Energy 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 an Utilities - Independent Power Producers company?
The median EV-to-EBITDA among Utilities - Independent Power Producers companies is 11.50, based on 358 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. Frendy Energy SpA's current EV-to-EBITDA of 10.00 is 13% 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 Frendy Energy SpA. For the Utilities - Independent Power Producers industry, the median EV-to-EBITDA is 11.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frendy Energy SpA's current EV-to-EBITDA is 10.00, which is 14% below median its own 10-year median of 11.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frendy Energy SpA stock overvalued right now?
Based on GuruFocus' analysis, Frendy Energy SpA (MIL:FRE) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.22, compared to a current price of €0.18 — trading 17.7% below its estimated fair value. The current EV-to-EBITDA is 10.00, which is 14% below median its 10-year median of 11.66 and 13% below the Utilities - Independent Power Producers industry median of 11.50. Frendy Energy SpA's overall GF Score™ is 28/100 with 2 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 Frendy Energy SpA (MIL:FRE), the current EV-to-EBITDA is 10.00 as of Jul. 06, 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 Frendy Energy SpA (MIL:FRE) Overvalued in 2026?
Based on GuruFocus' analysis, Frendy Energy SpA stock appears to be undervalued.
The current stock price of €0.18 is trading 17.7% below its estimated GF Value™ of €0.22.
GuruFocus considers Frendy Energy SpA to be Modestly Undervalued.
Key valuation signals for MIL:FRE:
EV-to-EBITDA: 10.00 (14% below median its 10-year median of 11.66)
GF Value™: €0.22 vs. price of €0.18 (17.7% below fair value)
Industry Position: 13% below the Utilities - Independent Power Producers median (#159 of 358)
No single metric tells the full story. See the MIL:FRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Frendy Energy SpA is an Italian company. It is engaged in building and operating mini hydropower plants towards the production and sale of electricity.
28GF Score
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