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Smart Capital SpAMIL:SMCAP 9 EV-to-OCF is 7.72 as of Aug. 29, 2026, which is 37% below its 10-year median of 12.29. GuruFocus rates MIL:SMCAP with a GF Score™ of 9/100. The stock has 4 warning signs investors should review. Among 1,504 Asset Management companies, Smart Capital SpA ranks worse than 54.85% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Smart Capital SpA's Enterprise Value is €88.13 Mil.
Smart Capital SpA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €11.42 Mil. Therefore, Smart Capital SpA's EV-to-OCF for today is 7.72.
The historical rank and industry rank for Smart Capital SpA's EV-to-OCF or its related term are showing as below:
MIL:SMCAP'
s EV-to-OCF Range Over the Past 10 Years
Min: -926.22 Med: 12.29 Max: 12.59
Current: 7.72
During the past 4 years, the highest EV-to-OCF of Smart Capital SpA was 12.59. The lowest was -926.22. And the median was 12.29.
MIL:SMCAP's EV-to-OCF is ranked worse than 54.85% of 1504
companies
in the Asset Management industry
Industry Median: 5.76
vs MIL:SMCAP: 7.72
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.
Smart Capital SpA (MIL:SMCAP) 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.
Smart Capital SpA's PE Ratio (TTM) for today is calculated as:
Smart Capital SpA's share price for today is €1.55.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Smart Capital SpA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.290.
* 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.
Smart Capital SpA EV-to-OCF Related Terms
Smart Capital SpA EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Smart Capital 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 Asset Management subindustry, Smart Capital 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.
Smart Capital SpA EV-to-OCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Smart Capital SpA's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Smart Capital SpA's EV-to-OCF falls into.
Smart Capital SpA's current Enterprise Value is €88.13 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Smart Capital SpA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €11.42 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.
Smart Capital SpA (MIL:SMCAP) has a EV-to-OCF of 7.72 as of Aug. 29, 2026. This is 37% below median its historical median of 12.29. According to the industry distribution chart, Smart Capital SpA ranks #825 out of 1504 companies in the Asset Management industry, placing it in the top 54.9%.
Is Smart Capital SpA's EV-to-OCF too high?
Smart Capital SpA's current EV-to-OCF of 7.72 is 37% below median its 10-year median of 12.29. The Asset Management industry median EV-to-OCF is 5.76. Smart Capital SpA's value of 7.72 is 34% above this industry median. Based on the distribution chart, Smart Capital SpA ranks #825 out of 1504 companies in the Asset Management industry, which is below the industry midpoint. Overall, Smart Capital SpA has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Smart Capital SpA's EV-to-OCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Smart Capital SpA ranks #825 out of 1504 companies for EV-to-OCF. This places Smart Capital SpA in the lower half of its industry. The industry median EV-to-OCF is 5.76. Smart Capital SpA's value of 7.72 is 34% above this benchmark. While the company's 10-year median is 12.29 vs. the industry median of 5.76, Smart Capital 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 Asset Management company?
The median EV-to-OCF among Asset Management companies is 5.76, based on 1,504 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. Smart Capital SpA's current EV-to-OCF of 7.72 is 34% 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 Asset Management industry, the median EV-to-OCF is 5.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart Capital SpA's current EV-to-OCF is 7.72, which is 37% below median its own 10-year median of 12.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart Capital SpA stock overvalued right now?
Smart Capital SpA (MIL:SMCAP) has a current EV-to-OCF of 7.72. The current EV-to-OCF is 7.72, which is 37% below median its 10-year median of 12.29 and 34% above the Asset Management industry median of 5.76. Smart Capital SpA's overall GF Score™ is 9/100 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 Smart Capital SpA (MIL:SMCAP), the current EV-to-OCF is 7.72 as of Aug. 29, 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.
Smart Capital SpA is a permanent capital industrial holding company specializing in private investments in public equity (PIPE) and private equity, focusing on small and medium-sized Italian companies, listed, unlisted or in the pre-IPO phase, operating both in Italy and abroad. It is characterized, also in its investment approach, by an entrepreneurial and longterm DNA. The company's main activity consists of acquiring shares and other financial instruments that allow the purchase or subscription of shares, including in the context of capital increases, at the time of listing or subsequently (such as the PIPE), reserved placements, public subscription and sale offers.
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