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Rai Way SpAFRA:4RW -0.11%82 EV-to-OCF is 7.97 as of Aug. 22, 2026, which is 34% below its 10-year median of 12.05. GuruFocus rates FRA:4RW with a GF Score™ of 82/100 and a GF Value™ of €5.51 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,791 Construction companies, Rai Way SpA ranks worse than 54.16% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Rai Way SpA's Enterprise Value is €1,271.8 Mil.
Rai Way SpA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €159.5 Mil. Therefore, Rai Way SpA's EV-to-OCF for today is 7.97.
The historical rank and industry rank for Rai Way SpA's EV-to-OCF or its related term are showing as below:
FRA:4RW'
s EV-to-OCF Range Over the Past 10 Years
Min: 7.73 Med: 12.05 Max: 23.01
Current: 7.97
During the past 13 years, the highest EV-to-OCF of Rai Way SpA was 23.01. The lowest was 7.73. And the median was 12.05.
FRA:4RW's EV-to-OCF is ranked worse than 54.16% of 1791
companies
in the Construction industry
Industry Median: 7.03
vs FRA:4RW: 7.97
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
Rai Way SpA's PE Ratio (TTM) for today is calculated as:
Rai Way SpA's share price for today is €4.605.
Rai Way 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 €0.307.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Rai Way SpA EV-to-OCF Related Terms
Rai Way SpA EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Rai Way SpA's EV-to-OCF 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 Engineering & Construction subindustry, Rai Way SpA's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.
Rai Way SpA EV-to-OCF vs Construction Industry
For the Construction industry and Industrials sector, Rai Way SpA's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Rai Way SpA's EV-to-OCF falls into.
Rai Way SpA's current Enterprise Value is €1,271.8 Mil.
Rai Way SpA's Cash Flow from Operations 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 €159.5 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.
Rai Way SpA (FRA:4RW) has a EV-to-OCF of 7.97 as of Aug. 22, 2026. This is 34% below median its historical median of 12.05. Over the past decade, Rai Way SpA's EV-to-OCF has ranged from 7.73 to 23.01. According to the industry distribution chart, Rai Way SpA ranks #970 out of 1791 companies in the Construction industry, placing it in the top 54.2%.
Is Rai Way SpA's EV-to-OCF too high?
Rai Way SpA's current EV-to-OCF of 7.97 is 34% below median its 10-year median of 12.05. Over the past 10 years, this metric has ranged from a low of 7.73 to a high of 23.01. The Construction industry median EV-to-OCF is 7.03. Rai Way SpA's value of 7.97 is 13.4% above this industry median. Based on the distribution chart, Rai Way SpA ranks #970 out of 1791 companies in the Construction industry, which is below the industry midpoint. Overall, Rai Way SpA has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rai Way SpA's EV-to-OCF compare to PWR and FIX?
According to the Construction industry distribution chart, Rai Way SpA ranks #970 out of 1791 companies for EV-to-OCF. This places Rai Way SpA in the lower half of its industry. The industry median EV-to-OCF is 7.03. Rai Way SpA's value of 7.97 is 13.4% above this benchmark. Historically, Rai Way SpA's own EV-to-OCF has ranged from 7.73 to 23.01 over the past decade. While the company's 10-year median is 12.05 vs. the industry median of 7.03, Rai Way 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-OCF for a Construction company?
The median EV-to-OCF among Construction companies is 7.03, based on 1,791 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Rai Way SpA's current EV-to-OCF of 7.97 is 13.4% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Construction industry, the median EV-to-OCF is 7.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rai Way SpA's current EV-to-OCF is 7.97, which is 34% below median its own 10-year median of 12.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rai Way SpA stock overvalued right now?
Based on GuruFocus' analysis, Rai Way SpA (FRA:4RW) is currently considered Modestly Undervalued. The stock's GF Value™ is €5.51, compared to a current price of €4.61 — trading 16.4% below its estimated fair value. The current EV-to-OCF is 7.97, which is 34% below median its 10-year median of 12.05 and 13.4% above the Construction industry median of 7.03. Rai Way SpA's overall GF Score™ is 82/100 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Rai Way SpA (FRA:4RW), the current EV-to-OCF is 7.97 as of Aug. 22, 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 Rai Way SpA (FRA:4RW) Overvalued in 2026?
Based on GuruFocus' analysis, Rai Way SpA stock appears to be undervalued.
The current stock price of €4.61 is trading 16.4% below its estimated GF Value™ of €5.51.
GuruFocus considers Rai Way SpA to be Modestly Undervalued.
Key valuation signals for FRA:4RW:
EV-to-OCF: 7.97 (34% below median its 10-year median of 12.05)
GF Value™: €5.51 vs. price of €4.61 (16.4% below fair value)
Industry Position: 13.4% above the Construction median (#970 of 1791)
No single metric tells the full story. See the FRA:4RW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rai Way SpA is an Italy-based company which operates activity of signal transmission and a broadcasting network of RAI group. The services provided by the company include broadcasting services, transmission services, tower Rental Services and network Services. The company serves its customer by providing implementation and management of the main broadcasting processes which include analog and digital, terrestrial and satellite, for audio, video and data signals, television signals through connecting network. The company allows its clients to have the availability of tower and civil infrastructures to install radio transmitters, planning, construction, installation, management of electronic and telecommunications networks. It provides services throughout Italy.
82GF Score
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