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SOL SpAMIL:SOL -1.44%70 EV-to-OCF is 18.16 as of Aug. 10, 2026, which is 85% above its 10-year median of 9.81. GuruFocus rates MIL:SOL with a GF Score™ of 70/100 and a GF Value™ of €43.02 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,607 Chemicals companies, SOL SpA ranks worse than 67.27% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, SOL SpA's Enterprise Value is €5,379 Mil.
SOL SpA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €296 Mil. Therefore, SOL SpA's EV-to-OCF for today is 18.16.
The historical rank and industry rank for SOL SpA's EV-to-OCF or its related term are showing as below:
MIL:SOL'
s EV-to-OCF Range Over the Past 10 Years
Min: 5.47 Med: 9.81 Max: 20.64
Current: 18.4
During the past 13 years, the highest EV-to-OCF of SOL SpA was 20.64. The lowest was 5.47. And the median was 9.81.
MIL:SOL's EV-to-OCF is ranked worse than 67.27% of 1607
companies
in the Chemicals industry
Industry Median: 10.78
vs MIL:SOL: 18.40
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.
SOL SpA's share price for today is €54.80.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. SOL SpA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €1.841.
* 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.
SOL SpA EV-to-OCF Related Terms
SOL SpA EV-to-OCF Historical Data
* Premium members only.
The historical data trend for SOL 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 Specialty Chemicals subindustry, SOL 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.
SOL SpA EV-to-OCF vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, SOL SpA's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where SOL SpA's EV-to-OCF falls into.
SOL SpA's current Enterprise Value is €5,379 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. SOL SpA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €296 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.
SOL SpA (MIL:SOL) has a EV-to-OCF of 18.16 as of Aug. 10, 2026. This is 85% above median its historical median of 9.81. Over the past decade, SOL SpA's EV-to-OCF has ranged from 5.47 to 20.64. According to the industry distribution chart, SOL SpA ranks #1081 out of 1607 companies in the Chemicals industry, placing it in the top 67.3%.
Is SOL SpA's EV-to-OCF too high?
SOL SpA's current EV-to-OCF of 18.16 is 85% above median its 10-year median of 9.81. Over the past 10 years, this metric has ranged from a low of 5.47 to a high of 20.64. The Chemicals industry median EV-to-OCF is 10.78. SOL SpA's value of 18.16 is 68.5% above this industry median. Based on the distribution chart, SOL SpA ranks #1081 out of 1607 companies in the Chemicals industry, which is below the industry midpoint. Overall, SOL SpA has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SOL SpA's EV-to-OCF compare to LIN and SHW?
According to the Chemicals industry distribution chart, SOL SpA ranks #1081 out of 1607 companies for EV-to-OCF. This places SOL SpA in the lower half of its industry. The industry median EV-to-OCF is 10.78. SOL SpA's value of 18.16 is 68.5% above this benchmark. Historically, SOL SpA's own EV-to-OCF has ranged from 5.47 to 20.64 over the past decade. While the company's 10-year median is 9.81 vs. the industry median of 10.78, SOL 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 a Chemicals company?
The median EV-to-OCF among Chemicals companies is 10.78, based on 1,607 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. SOL SpA's current EV-to-OCF of 18.16 is 68.5% 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 Chemicals industry, the median EV-to-OCF is 10.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SOL SpA's current EV-to-OCF is 18.16, which is 85% above median its own 10-year median of 9.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SOL SpA stock overvalued right now?
Based on GuruFocus' analysis, SOL SpA (MIL:SOL) is currently considered Modestly Overvalued. The stock's GF Value™ is €43.02, compared to a current price of €54.80 — trading 27.4% above its estimated fair value. The current EV-to-OCF is 18.16, which is 85% above median its 10-year median of 9.81 and 68.5% above the Chemicals industry median of 10.78. SOL SpA's overall GF Score™ is 70/100 with 1 warning sign 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 SOL SpA (MIL:SOL), the current EV-to-OCF is 18.16 as of Aug. 10, 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 SOL SpA (MIL:SOL) Overvalued in 2026?
Based on GuruFocus' analysis, SOL SpA stock appears to be overvalued.
The current stock price of €54.80 is trading 27.4% above its estimated GF Value™ of €43.02.
GuruFocus considers SOL SpA to be Modestly Overvalued.
Key valuation signals for MIL:SOL:
EV-to-OCF: 18.16 (85% above median its 10-year median of 9.81)
GF Value™: €43.02 vs. price of €54.80 (27.4% above fair value)
Industry Position: 68.5% above the Chemicals median (#1081 of 1607)
No single metric tells the full story. See the MIL:SOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SOL SpA manufactures and sells industrial gases and medical equipment. The firm's two segments are based on product type. The home-care segment, which generates the majority of revenue, sells a variety of medicinal gases including oxygen, nitrogen, nitrous oxide, carbon dioxide, synthetic air, and medical air. The segment also provides medical air services for hospitals. The technical gases segment sells gas-based products to the energy, agricultural, food, metalworking, glass, and electronics industries. More of SOL's revenue comes from Italy than any other country.
70GF Score
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