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AA Tech SpAMIL:AAT 21 EV-to-OCF is 22.60 as of Aug. 16, 2026. GuruFocus rates MIL:AAT with a GF Score™ of 21/100 and a GF Value™ of €4.12 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,875 Software companies, AA Tech SpA ranks worse than 79.51% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, AA Tech SpA's Enterprise Value is €16.83 Mil.
AA Tech SpA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €0.75 Mil. Therefore, AA Tech SpA's EV-to-OCF for today is 22.60.
The historical rank and industry rank for AA Tech SpA's EV-to-OCF or its related term are showing as below:
MIL:AAT'
s EV-to-OCF Range Over the Past 10 Years
Min: -39.29 Med: -15.26 Max: 49.86
Current: 22.6
During the past 5 years, the highest EV-to-OCF of AA Tech SpA was 49.86. The lowest was -39.29. And the median was -15.26.
MIL:AAT's EV-to-OCF is ranked worse than 79.51% of 2875
companies
in the Software industry
Industry Median: 7.02
vs MIL:AAT: 22.60
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.
AA Tech SpA's PE Ratio (TTM) for today is calculated as:
AA Tech SpA's share price for today is €1.03.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. AA Tech SpA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.262.
* 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.
AA Tech SpA EV-to-OCF Related Terms
AA Tech SpA EV-to-OCF Historical Data
* Premium members only.
The historical data trend for AA Tech 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 Software - Infrastructure subindustry, AA Tech 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.
AA Tech SpA EV-to-OCF vs Software Industry
For the Software industry and Technology sector, AA Tech SpA's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where AA Tech SpA's EV-to-OCF falls into.
AA Tech SpA's current Enterprise Value is €16.83 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. AA Tech SpA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €0.75 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.
AA Tech SpA (MIL:AAT) has a EV-to-OCF of 22.60 as of Aug. 16, 2026. According to the industry distribution chart, AA Tech SpA ranks #2286 out of 2875 companies in the Software industry, placing it in the top 79.5%.
Is AA Tech SpA's EV-to-OCF too high?
AA Tech SpA's current EV-to-OCF is 22.60. The Software industry median EV-to-OCF is 7.02. AA Tech SpA's value of 22.60 is 221.9% above this industry median. Based on the distribution chart, AA Tech SpA ranks #2286 out of 2875 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, AA Tech SpA has a GF Score™ of 21/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AA Tech SpA's EV-to-OCF compare to MSFT and ORCL?
According to the Software industry distribution chart, AA Tech SpA ranks #2286 out of 2875 companies for EV-to-OCF. This places AA Tech SpA in the lower half of its industry. The industry median EV-to-OCF is 7.02. AA Tech SpA's value of 22.60 is 221.9% above this benchmark. 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 Software company?
The median EV-to-OCF among Software companies is 7.02, based on 2,875 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. AA Tech SpA's current EV-to-OCF of 22.60 is 221.9% 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 Software industry, the median EV-to-OCF is 7.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AA Tech SpA's current EV-to-OCF is 22.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AA Tech SpA stock overvalued right now?
Based on GuruFocus' analysis, AA Tech SpA (MIL:AAT) is currently considered Possible Value Trap. The stock's GF Value™ is €4.12, compared to a current price of €1.03 — trading 75% below its estimated fair value. The current EV-to-OCF is 22.60 and 221.9% above the Software industry median of 7.02. AA Tech SpA's overall GF Score™ is 21/100 with 6 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 AA Tech SpA (MIL:AAT), the current EV-to-OCF is 22.60 as of Aug. 16, 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 AA Tech SpA (MIL:AAT) Overvalued in 2026?
Based on GuruFocus' analysis, AA Tech SpA stock appears to be undervalued.
The current stock price of €1.03 is trading 75% below its estimated GF Value™ of €4.12.
GuruFocus considers AA Tech SpA to be Possible Value Trap.
Key valuation signals for MIL:AAT:
EV-to-OCF: 22.60
GF Value™: €4.12 vs. price of €1.03 (75% below fair value)
Industry Position: 221.9% above the Software median (#2286 of 2875)
No single metric tells the full story. See the MIL:AAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AA Tech SpA is a venture tech builder in the digital sector, with the constant aiming of identifying new technologies in the aforementioned sectors in Italy. In particular, the Company, through a process of continuous innovation, intends to seek solutions that create new opportunities for generating value, with the intention, after their creation and validation, of making these companies autonomous. One of its subsidiaries, Previon a Fintech company that provides open banking services for compulsory and complementary pension funds.
21GF Score
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