GM Leather SpA (MIL:GML) EV-to-OCF: 10.57 (As of Aug. 11, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

MIL:GML GM Leather SpA MIL:GML
56 GF Score
Price €0.71
GF Value €1.14
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is GM Leather SpA EV-to-OCF?

GM Leather SpA MIL:GML 56 EV-to-OCF is 10.57 as of Aug. 11, 2026. GuruFocus rates MIL:GML with a GF Score™ of 56/100 and a GF Value™ of €1.14 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,067 Manufacturing - Apparel & Accessories companies, GM Leather SpA ranks worse than 62.04% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, GM Leather SpA's Enterprise Value is €37.68 Mil. GM Leather SpA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €3.56 Mil. Therefore, GM Leather SpA's EV-to-OCF for today is 10.57.

The historical rank and industry rank for GM Leather SpA's EV-to-OCF or its related term are showing as below:

MIL:GML' s EV-to-OCF Range Over the Past 10 Years
Min: -25.91   Med: -16.6   Max: 10.57
Current: 10.57

During the past 6 years, the highest EV-to-OCF of GM Leather SpA was 10.57. The lowest was -25.91. And the median was -16.60.

MIL:GML's EV-to-OCF is ranked worse than
62.04% of 1067 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 7.1 vs MIL:GML: 10.57

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.

As of today (2026-08-11), GM Leather SpA's stock price is €0.71. GM Leather SpA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.001. Therefore, GM Leather SpA's PE Ratio (TTM) for today is 710.00.


GM Leather SpA  (MIL:GML) EV-to-OCF Explanation

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.

GM Leather SpA's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.71/0.001
=710.00

GM Leather SpA's share price for today is €0.71.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. GM Leather SpA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.001.

* 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.


GM Leather SpA EV-to-OCF Related Terms


GM Leather SpA EV-to-OCF Historical Data

* Premium members only.

The historical data trend for GM Leather 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.

GM Leather SpA EV-to-OCF Chart

GM Leather SpA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial 0.00 -25.39 -21.78 9.62 9.88

GM Leather SpA Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.78 0.00 9.62 0.00 9.88

MIL:GML vs AIN: EV-to-OCF Comparison

For the Textile Manufacturing subindustry, GM Leather 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.


GM Leather SpA EV-to-OCF vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, GM Leather SpA's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where GM Leather SpA's EV-to-OCF falls into.


MIL:GML
56GF Score
GM Leather SpA MIL:GML
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GM Leather SpA EV-to-OCF Calculation

GM Leather SpA's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=37.682/3.564
=10.57

GM Leather SpA's current Enterprise Value is €37.68 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. GM Leather SpA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €3.56 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 10.57 mean?
GM Leather SpA (MIL:GML) has a EV-to-OCF of 10.57 as of Aug. 11, 2026. According to the industry distribution chart, GM Leather SpA ranks #662 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 62%.
Is GM Leather SpA's EV-to-OCF too high?
GM Leather SpA's current EV-to-OCF is 10.57. The Manufacturing - Apparel & Accessories industry median EV-to-OCF is 7.10. GM Leather SpA's value of 10.57 is 48.9% above this industry median. Based on the distribution chart, GM Leather SpA ranks #662 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, GM Leather SpA has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does GM Leather SpA's EV-to-OCF compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, GM Leather SpA ranks #662 out of 1067 companies for EV-to-OCF. This places GM Leather SpA in the lower half of its industry. The industry median EV-to-OCF is 7.10. GM Leather SpA's value of 10.57 is 48.9% 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 Manufacturing - Apparel & Accessories company?
The median EV-to-OCF among Manufacturing - Apparel & Accessories companies is 7.10, based on 1,067 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. GM Leather SpA's current EV-to-OCF of 10.57 is 48.9% 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 Manufacturing - Apparel & Accessories industry, the median EV-to-OCF is 7.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GM Leather SpA's current EV-to-OCF is 10.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GM Leather SpA stock overvalued right now?
Based on GuruFocus' analysis, GM Leather SpA (MIL:GML) is currently considered Possible Value Trap. The stock's GF Value™ is €1.14, compared to a current price of €0.71 — trading 37.7% below its estimated fair value. The current EV-to-OCF is 10.57 and 48.9% above the Manufacturing - Apparel & Accessories industry median of 7.10. GM Leather SpA's overall GF Score™ is 56/100 with 9 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 GM Leather SpA (MIL:GML), the current EV-to-OCF is 10.57 as of Aug. 11, 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 GM Leather SpA (MIL:GML) Overvalued in 2026?

Based on GuruFocus' analysis, GM Leather SpA stock appears to be undervalued. The current stock price of €0.71 is trading 37.7% below its estimated GF Value™ of €1.14. GuruFocus considers GM Leather SpA to be Possible Value Trap.

Key valuation signals for MIL:GML:

  • EV-to-OCF: 10.57
  • GF Value™: €1.14 vs. price of €0.71 (37.7% below fair value)
  • GF Score™: 56/100 with 9 warning signs
  • Industry Position: 48.9% above the Manufacturing - Apparel & Accessories median (#662 of 1067)

No single metric tells the full story. See the MIL:GML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GM Leather SpA Business Description

Address Via Olimpica 11, Arzignano, ITA, 36071
GM Leather SpA engages in the treatment, processing, and marketing of bovine leather. Its products are predominantly intended for the furniture, leather goods, and footwear industries. Geographically, the company derives its maximum revenue from non-EU countries followed by Italy and EU countries.
56GF Score

Get the complete analysis for MIL:GML

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.71
Price
€1.14
GF Value