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Innovatec SpAMIL:INC +0.99%27 EV-to-OCF is 14.00 as of Aug. 09, 2026, which is 367% above its 10-year median of 3.00. GuruFocus rates MIL:INC with a GF Score™ of 27/100 and a GF Value™ of €0.04 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 507 Utilities - Regulated companies, Innovatec SpA ranks worse than 64.1% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Innovatec SpA's Enterprise Value is €37.11 Mil.
Innovatec SpA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €2.65 Mil. Therefore, Innovatec SpA's EV-to-OCF for today is 14.00.
The historical rank and industry rank for Innovatec SpA's EV-to-OCF or its related term are showing as below:
MIL:INC'
s EV-to-OCF Range Over the Past 10 Years
Min: -23.03 Med: 3 Max: 22.74
Current: 14
During the past 13 years, the highest EV-to-OCF of Innovatec SpA was 22.74. The lowest was -23.03. And the median was 3.00.
MIL:INC's EV-to-OCF is ranked worse than 64.1% of 507
companies
in the Utilities - Regulated industry
Industry Median: 10.82
vs MIL:INC: 14.00
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.
Innovatec SpA's PE Ratio (TTM) for today is calculated as:
Innovatec SpA's share price for today is €0.204.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Innovatec SpA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.049.
* 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.
Innovatec SpA EV-to-OCF Related Terms
Innovatec SpA EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Innovatec 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 Electric subindustry, Innovatec 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.
Innovatec SpA EV-to-OCF vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Innovatec SpA's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Innovatec SpA's EV-to-OCF falls into.
Innovatec SpA's current Enterprise Value is €37.11 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Innovatec SpA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €2.65 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.
Innovatec SpA (MIL:INC) has a EV-to-OCF of 14.00 as of Aug. 09, 2026. This is 367% above median its historical median of 3.00. According to the industry distribution chart, Innovatec SpA ranks #325 out of 507 companies in the Utilities - Regulated industry, placing it in the top 64.1%.
Is Innovatec SpA's EV-to-OCF too high?
Innovatec SpA's current EV-to-OCF of 14.00 is 367% above median its 10-year median of 3.00. The Utilities - Regulated industry median EV-to-OCF is 10.82. Innovatec SpA's value of 14.00 is 29.4% above this industry median. Based on the distribution chart, Innovatec SpA ranks #325 out of 507 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Innovatec SpA has a GF Score™ of 27/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Innovatec SpA's EV-to-OCF compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Innovatec SpA ranks #325 out of 507 companies for EV-to-OCF. This places Innovatec SpA in the lower half of its industry. The industry median EV-to-OCF is 10.82. Innovatec SpA's value of 14.00 is 29.4% above this benchmark. While the company's 10-year median is 3.00 vs. the industry median of 10.82, Innovatec 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 an Utilities - Regulated company?
The median EV-to-OCF among Utilities - Regulated companies is 10.82, 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. Innovatec SpA's current EV-to-OCF of 14.00 is 29.4% 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 Utilities - Regulated industry, the median EV-to-OCF is 10.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovatec SpA's current EV-to-OCF is 14.00, which is 367% above median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovatec SpA stock overvalued right now?
Based on GuruFocus' analysis, Innovatec SpA (MIL:INC) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.04, compared to a current price of €0.20 — trading 410% above its estimated fair value. The current EV-to-OCF is 14.00, which is 367% above median its 10-year median of 3.00 and 29.4% above the Utilities - Regulated industry median of 10.82. Innovatec SpA's overall GF Score™ is 27/100 with 8 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 Innovatec SpA (MIL:INC), the current EV-to-OCF is 14.00 as of Aug. 09, 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 Innovatec SpA (MIL:INC) Overvalued in 2026?
Based on GuruFocus' analysis, Innovatec SpA stock appears to be overvalued.
The current stock price of €0.20 is trading 410% above its estimated GF Value™ of €0.04.
GuruFocus considers Innovatec SpA to be Significantly Overvalued.
Key valuation signals for MIL:INC:
EV-to-OCF: 14.00 (367% above median its 10-year median of 3.00)
GF Value™: €0.04 vs. price of €0.20 (410% above fair value)
Industry Position: 29.4% above the Utilities - Regulated median (#325 of 507)
No single metric tells the full story. See the MIL:INC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Innovatec SpA is engaged in the field of energy efficiency and renewable energies. The group is an integrated energy service provider which develops and operates technology, products and services.
27GF Score
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