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Ascopiave SpAMIL:ASC -0.16%81 EV-to-OCF is 8.57 as of Jul. 18, 2026, which is 28% below its 10-year median of 11.94. GuruFocus rates MIL:ASC with a GF Score™ of 81/100 and a GF Value™ of €3.62 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 507 Utilities - Regulated companies, Ascopiave SpA ranks better than 60.36% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Ascopiave SpA's Enterprise Value is €1,256.4 Mil.
Ascopiave SpA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €146.6 Mil. Therefore, Ascopiave SpA's EV-to-OCF for today is 8.57.
The historical rank and industry rank for Ascopiave SpA's EV-to-OCF or its related term are showing as below:
MIL:ASC'
s EV-to-OCF Range Over the Past 10 Years
Min: -155.29 Med: 11.94 Max: 151.59
Current: 8.57
During the past 13 years, the highest EV-to-OCF of Ascopiave SpA was 151.59. The lowest was -155.29. And the median was 11.94.
MIL:ASC's EV-to-OCF is ranked better than 60.36% of 507
companies
in the Utilities - Regulated industry
Industry Median: 10.71
vs MIL:ASC: 8.57
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.
Ascopiave SpA's PE Ratio (TTM) for today is calculated as:
Ascopiave SpA's share price for today is €3.055.
Ascopiave 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 €0.392.
* 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.
Ascopiave SpA EV-to-OCF Related Terms
Ascopiave SpA EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Ascopiave 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 - Regulated Gas subindustry, Ascopiave 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.
Ascopiave SpA EV-to-OCF vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Ascopiave SpA's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Ascopiave SpA's EV-to-OCF falls into.
Ascopiave SpA's current Enterprise Value is €1,256.4 Mil.
Ascopiave 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 €146.6 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.
Ascopiave SpA (MIL:ASC) has a EV-to-OCF of 8.57 as of Jul. 18, 2026. This is 28% below median its historical median of 11.94. According to the industry distribution chart, Ascopiave SpA ranks #201 out of 507 companies in the Utilities - Regulated industry, placing it in the top 39.6%.
Is Ascopiave SpA's EV-to-OCF too high?
Ascopiave SpA's current EV-to-OCF of 8.57 is 28% below median its 10-year median of 11.94. The Utilities - Regulated industry median EV-to-OCF is 10.71. Ascopiave SpA's value of 8.57 is 20% below this industry median. Based on the distribution chart, Ascopiave SpA ranks #201 out of 507 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Ascopiave SpA has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ascopiave SpA's EV-to-OCF compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Ascopiave SpA ranks #201 out of 507 companies for EV-to-OCF. This puts Ascopiave SpA in the upper half of its industry. The industry median EV-to-OCF is 10.71. Ascopiave SpA's value of 8.57 is 20% below this benchmark. While the company's 10-year median is 11.94 vs. the industry median of 10.71, Ascopiave 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 10.71, based on 507 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. Ascopiave SpA's current EV-to-OCF of 8.57 is 20% 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 10.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ascopiave SpA's current EV-to-OCF is 8.57, which is 28% below median its own 10-year median of 11.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ascopiave SpA stock overvalued right now?
Based on GuruFocus' analysis, Ascopiave SpA (MIL:ASC) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.62, compared to a current price of €3.06 — trading 15.6% below its estimated fair value. The current EV-to-OCF is 8.57, which is 28% below median its 10-year median of 11.94 and 20% below the Utilities - Regulated industry median of 10.71. Ascopiave SpA's overall GF Score™ is 81/100 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 Ascopiave SpA (MIL:ASC), the current EV-to-OCF is 8.57 as of Jul. 18, 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 Ascopiave SpA (MIL:ASC) Overvalued in 2026?
Based on GuruFocus' analysis, Ascopiave SpA stock appears to be undervalued.
The current stock price of €3.06 is trading 15.6% below its estimated GF Value™ of €3.62.
GuruFocus considers Ascopiave SpA to be Modestly Undervalued.
Key valuation signals for MIL:ASC:
EV-to-OCF: 8.57 (28% below median its 10-year median of 11.94)
GF Value™: €3.62 vs. price of €3.06 (15.6% below fair value)
Industry Position: 20% below the Utilities - Regulated median (#201 of 507)
No single metric tells the full story. See the MIL:ASC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ascopiave SpA is an Italy-based company engaged in the utility sector. It operates mainly in the field of natural gas distribution through its natural gas and LPG distribution networks across several towns. The Group is also present in the renewable energy sector, owning hydroelectric and wind power plants. Additionally, it is present in the field of cogeneration and heat management, as well as in the water sector, through its strategic investments. Ascopiave's operating business segments are: Gas Distribution, Renewables energies, and Other. Maximum revenue is generated from its Gas Distribution business. Geographically, the Group operates only in Italy.
81GF Score
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