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Ermenegildo Zegna NVZGN +0.66%82 EV-to-EBITDA is 8.91 as of Aug. 30, 2026, which is 1% below its 10-year median of 9.03. GuruFocus rates ZGN with a GF Score™ of 82/100 and a GF Value™ of $11.53 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 884 Manufacturing - Apparel & Accessories companies, Ermenegildo Zegna NV ranks better than 52.15% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Ermenegildo Zegna NV's enterprise value is $4,557 Mil.
Ermenegildo Zegna NV's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $511 Mil. Therefore, Ermenegildo Zegna NV's EV-to-EBITDA for today is 8.91.
The historical rank and industry rank for Ermenegildo Zegna NV's EV-to-EBITDA or its related term are showing as below:
ZGN'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.93 Med: 9.03 Max: 33.78
Current: 8.91
During the past 8 years, the highest EV-to-EBITDA of Ermenegildo Zegna NV was 33.78. The lowest was 5.93. And the median was 9.03.
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.
Ermenegildo Zegna NV's PE Ratio (TTM) for today is calculated as:
Ermenegildo Zegna NV's share price for today is $13.73.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ermenegildo Zegna NV's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $0.442.
* 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 Ermenegildo Zegna NV'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 Apparel Manufacturing subindustry, Ermenegildo Zegna NV'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.
Ermenegildo Zegna NV EV-to-EBITDA vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ermenegildo Zegna NV's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Ermenegildo Zegna NV's EV-to-EBITDA falls into.
Ermenegildo Zegna NV's current Enterprise Value is $4,557 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ermenegildo Zegna NV's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $511 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.
Ermenegildo Zegna NV (ZGN) has a EV-to-EBITDA of 8.91 as of Aug. 30, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ermenegildo Zegna NV. This is near median its historical median of 9.03. Over the past decade, Ermenegildo Zegna NV's EV-to-EBITDA has ranged from 5.93 to 33.78. According to the industry distribution chart, Ermenegildo Zegna NV ranks #423 out of 884 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 47.9%.
Is Ermenegildo Zegna NV's EV-to-EBITDA too high?
Ermenegildo Zegna NV's current EV-to-EBITDA of 8.91 is near median its 10-year median of 9.03. Over the past 10 years, this metric has ranged from a low of 5.93 to a high of 33.78. The Manufacturing - Apparel & Accessories industry median EV-to-EBITDA is 9.24. Ermenegildo Zegna NV's value of 8.91 is 3.6% below this industry median. Based on the distribution chart, Ermenegildo Zegna NV ranks #423 out of 884 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Ermenegildo Zegna NV has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ermenegildo Zegna NV's EV-to-EBITDA compare to PVH and COLM?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ermenegildo Zegna NV ranks #423 out of 884 companies for EV-to-EBITDA. This puts Ermenegildo Zegna NV in the upper half of its industry. The industry median EV-to-EBITDA is 9.24. Ermenegildo Zegna NV's value of 8.91 is 3.6% below this benchmark. Historically, Ermenegildo Zegna NV's own EV-to-EBITDA has ranged from 5.93 to 33.78 over the past decade. While the company's 10-year median is 9.03 vs. the industry median of 9.24, Ermenegildo Zegna NV 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 Manufacturing - Apparel & Accessories company?
The median EV-to-EBITDA among Manufacturing - Apparel & Accessories companies is 9.24, based on 884 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. Ermenegildo Zegna NV's current EV-to-EBITDA of 8.91 is 3.6% 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 Ermenegildo Zegna NV. For the Manufacturing - Apparel & Accessories industry, the median EV-to-EBITDA is 9.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ermenegildo Zegna NV's current EV-to-EBITDA is 8.91, which is near median its own 10-year median of 9.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ermenegildo Zegna NV stock overvalued right now?
Based on GuruFocus' analysis, Ermenegildo Zegna NV (ZGN) is currently considered Modestly Overvalued. The stock's GF Value™ is $11.53, compared to a current price of $13.73 — trading 19.1% above its estimated fair value. The current EV-to-EBITDA is 8.91, which is near median its 10-year median of 9.03 and 3.6% below the Manufacturing - Apparel & Accessories industry median of 9.24. Ermenegildo Zegna NV's overall GF Score™ is 82/100 with 7 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 Ermenegildo Zegna NV (ZGN), the current EV-to-EBITDA is 8.91 as of Aug. 30, 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 Ermenegildo Zegna NV (ZGN) Overvalued in 2026?
Based on GuruFocus' analysis, Ermenegildo Zegna NV stock appears to be overvalued.
The current stock price of $13.73 is trading 19.1% above its estimated GF Value™ of $11.53.
GuruFocus considers Ermenegildo Zegna NV to be Modestly Overvalued.
Key valuation signals for ZGN:
EV-to-EBITDA: 8.91 (near median its 10-year median of 9.03)
GF Value™: $11.53 vs. price of $13.73 (19.1% above fair value)
Industry Position: 3.6% below the Manufacturing - Apparel & Accessories median (#423 of 884)
No single metric tells the full story. See the ZGN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ermenegildo Zegna NV designs creates, and distributes luxury menswear and accessories under the Zegna brand, as well as womenswear, menswear, and accessories under the Thom Browne brand. The company operates in three segments: the Zegna segment (comprising three product lines: Zegna Branded Products, Textile, and Third Party Brands); the Thom Browne segment, and the Tom Ford Fashion segment. The company generates the majority of revenue from the Zegna segment.
82GF Score
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