Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
ACEA SpAMIL:ACE -0.72%69 EV-to-OCF is 5.34 as of Jul. 21, 2026, which is 21% below its 10-year median of 6.72. GuruFocus rates MIL:ACE with a GF Score™ of 69/100 and a GF Value™ of €15.47 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 508 Utilities - Regulated companies, ACEA SpA ranks better than 75.2% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, ACEA SpA's Enterprise Value is €10,154 Mil.
ACEA SpA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €1,902 Mil. Therefore, ACEA SpA's EV-to-OCF for today is 5.34.
The historical rank and industry rank for ACEA SpA's EV-to-OCF or its related term are showing as below:
MIL:ACE'
s EV-to-OCF Range Over the Past 10 Years
Min: 1.6 Med: 6.72 Max: 19.68
Current: 5.36
During the past 13 years, the highest EV-to-OCF of ACEA SpA was 19.68. The lowest was 1.60. And the median was 6.72.
MIL:ACE's EV-to-OCF is ranked better than 75.2% of 508
companies
in the Utilities - Regulated industry
Industry Median: 10.76
vs MIL:ACE: 5.36
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.
ACEA SpA's share price for today is €22.00.
ACEA SpA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €2.319.
* 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.
ACEA SpA EV-to-OCF Related Terms
ACEA SpA EV-to-OCF Historical Data
* Premium members only.
The historical data trend for ACEA 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 Utilities - Diversified subindustry, ACEA 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.
ACEA SpA EV-to-OCF vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, ACEA SpA's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where ACEA SpA's EV-to-OCF falls into.
ACEA SpA's current Enterprise Value is €10,154 Mil.
ACEA SpA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,902 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.
ACEA SpA (MIL:ACE) has a EV-to-OCF of 5.34 as of Jul. 21, 2026. This is 21% below median its historical median of 6.72. Over the past decade, ACEA SpA's EV-to-OCF has ranged from 1.60 to 19.68. According to the industry distribution chart, ACEA SpA ranks #126 out of 508 companies in the Utilities - Regulated industry, placing it in the top 24.8%.
Is ACEA SpA's EV-to-OCF too high?
ACEA SpA's current EV-to-OCF of 5.34 is 21% below median its 10-year median of 6.72. Over the past 10 years, this metric has ranged from a low of 1.60 to a high of 19.68. The Utilities - Regulated industry median EV-to-OCF is 10.76. ACEA SpA's value of 5.34 is 50.4% below this industry median. Based on the distribution chart, ACEA SpA ranks #126 out of 508 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, ACEA SpA has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ACEA SpA's EV-to-OCF compare to SRE?
According to the Utilities - Regulated industry distribution chart, ACEA SpA ranks #126 out of 508 companies for EV-to-OCF. This places ACEA SpA in the top 25% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 10.76. ACEA SpA's value of 5.34 is 50.4% below this benchmark. Historically, ACEA SpA's own EV-to-OCF has ranged from 1.60 to 19.68 over the past decade. While the company's 10-year median is 6.72 vs. the industry median of 10.76, ACEA 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-OCF for an Utilities - Regulated company?
The median EV-to-OCF among Utilities - Regulated companies is 10.76, based on 508 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. ACEA SpA's current EV-to-OCF of 5.34 is 50.4% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Utilities - Regulated industry, the median EV-to-OCF is 10.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ACEA SpA's current EV-to-OCF is 5.34, which is 21% below median its own 10-year median of 6.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ACEA SpA stock overvalued right now?
Based on GuruFocus' analysis, ACEA SpA (MIL:ACE) is currently considered Significantly Overvalued. The stock's GF Value™ is €15.47, compared to a current price of €22.00 — trading 42.2% above its estimated fair value. The current EV-to-OCF is 5.34, which is 21% below median its 10-year median of 6.72 and 50.4% below the Utilities - Regulated industry median of 10.76. ACEA SpA's overall GF Score™ is 69/100 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For ACEA SpA (MIL:ACE), the current EV-to-OCF is 5.34 as of Jul. 21, 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 ACEA SpA (MIL:ACE) Overvalued in 2026?
Based on GuruFocus' analysis, ACEA SpA stock appears to be overvalued.
The current stock price of €22.00 is trading 42.2% above its estimated GF Value™ of €15.47.
GuruFocus considers ACEA SpA to be Significantly Overvalued.
Key valuation signals for MIL:ACE:
EV-to-OCF: 5.34 (21% below median its 10-year median of 6.72)
GF Value™: €15.47 vs. price of €22.00 (42.2% above fair value)
Industry Position: 50.4% below the Utilities - Regulated median (#126 of 508)
No single metric tells the full story. See the MIL:ACE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ACEA SpA is an Italian-based electricity and water utility company. It operates chiefly in Rome and other cities in Lazio, a central Italian region. With the help of its various subsidiaries and numerous ventures, Acea produces and sells energy, utilities, and environmental products and services. The operating segments of the firm include: Water, Networks and Public Lighting, Environment, Production, Commercial, and Engineering & Infrastructure Projects.
69GF Score
Get the complete analysis for MIL:ACE
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIL:ACE has been successfully added to your 
