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Reply SpAMIL:REY +0.95%89 EV-to-EBITDA is 8.26 as of Aug. 06, 2026, which is 36% below its 10-year median of 12.96. GuruFocus rates MIL:REY with a GF Score™ of 89/100 and a GF Value™ of €148.87 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,959 Software companies, Reply SpA ranks better than 61.56% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Reply SpA's enterprise value is €3,893 Mil.
Reply SpA's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €471 Mil. Therefore, Reply SpA's EV-to-EBITDA for today is 8.26.
The historical rank and industry rank for Reply SpA's EV-to-EBITDA or its related term are showing as below:
MIL:REY'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.21 Med: 12.96 Max: 27.42
Current: 8.26
During the past 13 years, the highest EV-to-EBITDA of Reply SpA was 27.42. The lowest was 5.21. And the median was 12.96.
MIL:REY's EV-to-EBITDA is ranked better than 61.56% of 1959
companies
in the Software industry
Industry Median: 10.6
vs MIL:REY: 8.26
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.
Reply SpA's share price for today is €117.50.
Reply SpA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €5.472.
* 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 Reply 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:REY vs IBM, ACN, FISV: EV-to-EBITDA Comparison
For the Information Technology Services subindustry, Reply 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.
Reply SpA EV-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Reply SpA's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Reply SpA's EV-to-EBITDA falls into.
Reply SpA's current Enterprise Value is €3,893 Mil.
Reply SpA's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €471 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.
Reply SpA (MIL:REY) has a EV-to-EBITDA of 8.26 as of Aug. 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 Reply SpA. This is 36% below median its historical median of 12.96. Over the past decade, Reply SpA's EV-to-EBITDA has ranged from 5.21 to 27.42. According to the industry distribution chart, Reply SpA ranks #753 out of 1959 companies in the Software industry, placing it in the top 38.4%.
Is Reply SpA's EV-to-EBITDA too high?
Reply SpA's current EV-to-EBITDA of 8.26 is 36% below median its 10-year median of 12.96. Over the past 10 years, this metric has ranged from a low of 5.21 to a high of 27.42. The Software industry median EV-to-EBITDA is 10.60. Reply SpA's value of 8.26 is 22.1% below this industry median. Based on the distribution chart, Reply SpA ranks #753 out of 1959 companies in the Software industry, which is above the industry midpoint. Overall, Reply SpA has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Reply SpA's EV-to-EBITDA compare to IBM and ACN?
According to the Software industry distribution chart, Reply SpA ranks #753 out of 1959 companies for EV-to-EBITDA. This puts Reply SpA in the upper half of its industry. The industry median EV-to-EBITDA is 10.60. Reply SpA's value of 8.26 is 22.1% below this benchmark. Historically, Reply SpA's own EV-to-EBITDA has ranged from 5.21 to 27.42 over the past decade. While the company's 10-year median is 12.96 vs. the industry median of 10.60, Reply 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 Software company?
The median EV-to-EBITDA among Software companies is 10.60, 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. Reply SpA's current EV-to-EBITDA of 8.26 is 22.1% 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 Reply SpA. For the Software industry, the median EV-to-EBITDA is 10.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reply SpA's current EV-to-EBITDA is 8.26, which is 36% below median its own 10-year median of 12.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reply SpA stock overvalued right now?
Based on GuruFocus' analysis, Reply SpA (MIL:REY) is currently considered Modestly Undervalued. The stock's GF Value™ is €148.87, compared to a current price of €117.50 — trading 21.1% below its estimated fair value. The current EV-to-EBITDA is 8.26, which is 36% below median its 10-year median of 12.96 and 22.1% below the Software industry median of 10.60. Reply SpA's overall GF Score™ is 89/100 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 Reply SpA (MIL:REY), the current EV-to-EBITDA is 8.26 as of Aug. 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 Reply SpA (MIL:REY) Overvalued in 2026?
Based on GuruFocus' analysis, Reply SpA stock appears to be undervalued.
The current stock price of €117.50 is trading 21.1% below its estimated GF Value™ of €148.87.
GuruFocus considers Reply SpA to be Modestly Undervalued.
Key valuation signals for MIL:REY:
EV-to-EBITDA: 8.26 (36% below median its 10-year median of 12.96)
GF Value™: €148.87 vs. price of €117.50 (21.1% below fair value)
Industry Position: 22.1% below the Software median (#753 of 1959)
No single metric tells the full story. See the MIL:REY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reply SpA specialises in consulting, digital services, and the integration of processes, applications, and devices. Reply serves clients in the telecommunication and media, banking, insurance, financial, industry and services, energy and utilities, and public administration industries. The company provides its services mainly through platforms such as X-Rais Reply, Discovery Reply, Brick Reply, TamTamy, and SideUp Reply. Reply researches, selects, and markets solutions through channels such as data analysis, digital communication, e-commerce, mobile, and social media. Its business segments are defined based on geographical areas of operation and include Region 1 (including Italy, USA, Brazil, Poland, Romania, and Nanjing), which derives key revenue, Region 2, Region 3, and IoT Incubator.
89GF Score
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