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Smart Capital SpAMIL:SMCAP 9 EV-to-EBITDA is 9.23 as of Jul. 29, 2026, which is 67% below its 10-year median of 27.88. GuruFocus rates MIL:SMCAP with a GF Score™ of 9/100. The stock has 4 warning signs investors should review. Among 509 Asset Management companies, Smart Capital SpA ranks worse than 53.44% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Smart Capital SpA's enterprise value is €88.13 Mil.
Smart Capital SpA's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €9.55 Mil. Therefore, Smart Capital SpA's EV-to-EBITDA for today is 9.23.
The historical rank and industry rank for Smart Capital SpA's EV-to-EBITDA or its related term are showing as below:
MIL:SMCAP'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 8.29 Med: 27.88 Max: 65.04
Current: 9.23
During the past 4 years, the highest EV-to-EBITDA of Smart Capital SpA was 65.04. The lowest was 8.29. And the median was 27.88.
MIL:SMCAP's EV-to-EBITDA is ranked worse than 53.44% of 509
companies
in the Asset Management industry
Industry Median: 8.58
vs MIL:SMCAP: 9.23
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).
Smart Capital SpA (MIL:SMCAP) 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.
Smart Capital SpA's PE Ratio (TTM) for today is calculated as:
Smart Capital SpA's share price for today is €1.55.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Smart Capital SpA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.290.
* 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 Smart 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.
MIL:SMCAP vs BLK, BX, KKR: EV-to-EBITDA Comparison
For the Asset Management subindustry, Smart 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.
Smart Capital SpA EV-to-EBITDA vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Smart Capital SpA's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Smart Capital SpA's EV-to-EBITDA falls into.
Smart Capital SpA's current Enterprise Value is €88.13 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Smart Capital SpA's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €9.55 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.
Smart Capital SpA (MIL:SMCAP) has a EV-to-EBITDA of 9.23 as of Jul. 29, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Smart Capital SpA. This is 67% below median its historical median of 27.88. Over the past decade, Smart Capital SpA's EV-to-EBITDA has ranged from 8.29 to 65.04. According to the industry distribution chart, Smart Capital SpA ranks #272 out of 509 companies in the Asset Management industry, placing it in the top 53.4%.
Is Smart Capital SpA's EV-to-EBITDA too high?
Smart Capital SpA's current EV-to-EBITDA of 9.23 is 67% below median its 10-year median of 27.88. Over the past 10 years, this metric has ranged from a low of 8.29 to a high of 65.04. The Asset Management industry median EV-to-EBITDA is 8.58. Smart Capital SpA's value of 9.23 is 7.6% above this industry median. Based on the distribution chart, Smart Capital SpA ranks #272 out of 509 companies in the Asset Management industry, which is below the industry midpoint. Overall, Smart Capital SpA has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Smart Capital SpA's EV-to-EBITDA compare to BLK and BX?
According to the Asset Management industry distribution chart, Smart Capital SpA ranks #272 out of 509 companies for EV-to-EBITDA. This places Smart Capital SpA in the lower half of its industry. The industry median EV-to-EBITDA is 8.58. Smart Capital SpA's value of 9.23 is 7.6% above this benchmark. Historically, Smart Capital SpA's own EV-to-EBITDA has ranged from 8.29 to 65.04 over the past decade. While the company's 10-year median is 27.88 vs. the industry median of 8.58, Smart Capital 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 an Asset Management company?
The median EV-to-EBITDA among Asset Management companies is 8.58, based on 509 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. Smart Capital SpA's current EV-to-EBITDA of 9.23 is 7.6% 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 Smart Capital SpA. For the Asset Management industry, the median EV-to-EBITDA is 8.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart Capital SpA's current EV-to-EBITDA is 9.23, which is 67% below median its own 10-year median of 27.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart Capital SpA stock overvalued right now?
Smart Capital SpA (MIL:SMCAP) has a current EV-to-EBITDA of 9.23. The current EV-to-EBITDA is 9.23, which is 67% below median its 10-year median of 27.88 and 7.6% above the Asset Management industry median of 8.58. Smart Capital SpA's overall GF Score™ is 9/100 with 4 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 Smart Capital SpA (MIL:SMCAP), the current EV-to-EBITDA is 9.23 as of Jul. 29, 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.
Smart Capital SpA is a permanent capital industrial holding company specializing in private investments in public equity (PIPE) and private equity, focusing on small and medium-sized Italian companies, listed, unlisted or in the pre-IPO phase, operating both in Italy and abroad. It is characterized, also in its investment approach, by an entrepreneurial and longterm DNA. The company's main activity consists of acquiring shares and other financial instruments that allow the purchase or subscription of shares, including in the context of capital increases, at the time of listing or subsequently (such as the PIPE), reserved placements, public subscription and sale offers.
9GF Score
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