Gas Plus SpA (MIL:GSP) Enterprise Value: €246.2 Mil (As of Jun. 27, 2026) ***


MIL:GSP Gas Plus SpA MIL:GSP
67 GF Score
Price €5.52
GF Value €3.23
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Gas Plus SpA Enterprise Value?

Gas Plus SpA MIL:GSP -0.18% 67 Enterprise Value is €246.2 Mil as of Jun. 27, 2026. GuruFocus rates MIL:GSP with a GF Score™ of 67/100 and a GF Value™ of €3.23 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Gas Plus SpA's Enterprise Value is €246.2 Mil. Gas Plus SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €36.5 Mil. Therefore, Gas Plus SpA's EV-to-EBIT ratio for today is 6.74.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Gas Plus SpA's Enterprise Value is €246.2 Mil. Gas Plus SpA's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €81.4 Mil. Therefore, Gas Plus SpA's EV-to-EBITDA ratio for today is 3.02.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Gas Plus SpA's Enterprise Value is €246.2 Mil. Gas Plus SpA's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €167.1 Mil. Therefore, Gas Plus SpA's EV-to-Revenue ratio for today is 1.47.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Gas Plus SpA's Enterprise Value is €246.2 Mil. Gas Plus SpA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €71.1 Mil. Therefore, Gas Plus SpA's EV-to-OCF ratio for today is 3.46.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Gas Plus SpA's Enterprise Value is €246.2 Mil. Gas Plus SpA's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €46.8 Mil. Therefore, Gas Plus SpA's EV-to-FCF ratio for today is 5.27.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Gas Plus SpA  (MIL:GSP) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Gas Plus SpA's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=246.163/36.496
=6.74

Gas Plus SpA's current Enterprise Value is €246.2 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Gas Plus SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €36.5 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Gas Plus SpA's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=246.163/81.421
=3.02

Gas Plus SpA's current Enterprise Value is €246.2 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Gas Plus SpA's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €81.4 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Gas Plus SpA's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=246.163/167.072
=1.47

Gas Plus SpA's current Enterprise Value is €246.2 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Gas Plus SpA's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €167.1 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Gas Plus SpA's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=246.163/71.112
=3.46

Gas Plus SpA's current Enterprise Value is €246.2 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Gas Plus SpA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €71.1 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Gas Plus SpA's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=246.163/46.751
=5.27

Gas Plus SpA's current Enterprise Value is €246.2 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Gas Plus SpA's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €46.8 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.


Gas Plus SpA Enterprise Value Related Terms


Gas Plus SpA Enterprise Value Historical Data

* Premium members only.

The historical data trend for Gas Plus SpA's Enterprise Value 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.

Gas Plus SpA Enterprise Value Chart

Gas Plus SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 228.72 154.98 160.51 164.27 299.32

Gas Plus SpA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 160.51 140.28 164.27 225.84 299.32

MIL:GSP vs COP, EOG, OXY: Enterprise Value Comparison

For the Oil & Gas E&P subindustry, Gas Plus SpA's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Gas Plus SpA Enterprise Value vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gas Plus SpA's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Gas Plus SpA's Enterprise Value falls into.


MIL:GSP
67GF Score
Gas Plus SpA MIL:GSP
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gas Plus SpA Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Gas Plus SpA's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Gas Plus SpA's Enterprise Value for the quarter that ended in Dec. 2025 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of €246.2 Mil mean?
Gas Plus SpA (MIL:GSP) has a Enterprise Value of €246.2 Mil as of Jun. 27, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Gas Plus SpA and its competitors.
Is Gas Plus SpA's Enterprise Value too high?
Gas Plus SpA's current Enterprise Value is €246.2 Mil. Overall, Gas Plus SpA has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gas Plus SpA's Enterprise Value compare to COP and EOG?
Gas Plus SpA's Enterprise Value of €246.2 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Oil & Gas company?
A good Enterprise Value depends on the Oil & Gas industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Gas Plus SpA and its competitors. Gas Plus SpA's current Enterprise Value is €246.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gas Plus SpA stock overvalued right now?
Based on GuruFocus' analysis, Gas Plus SpA (MIL:GSP) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.23, compared to a current price of €5.52 — trading 70.9% above its estimated fair value. The current Enterprise Value is €246.2 Mil. Gas Plus SpA's overall GF Score™ is 67/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Gas Plus SpA (MIL:GSP), the current Enterprise Value is €246.2 Mil as of Jun. 27, 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 Gas Plus SpA (MIL:GSP) Overvalued in 2026?

Based on GuruFocus' analysis, Gas Plus SpA stock appears to be overvalued. The current stock price of €5.52 is trading 70.9% above its estimated GF Value™ of €3.23. GuruFocus considers Gas Plus SpA to be Significantly Overvalued.

Key valuation signals for MIL:GSP:

  • Enterprise Value: €246.2 Mil
  • GF Value™: €3.23 vs. price of €5.52 (70.9% above fair value)
  • GF Score™: 67/100 with 2 warning signs

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


Gas Plus SpA Business Description

Industry EnergyOil & Gas
Other Exchanges 0EMK:UKT9O:Germany
Address Viale Enrico Forlanini, 17, Milan, ITA, 20134
Gas Plus SpA through its subsidiaries is engaged in the exploration and production of natural gas in Italy. The company is also involved in the production, purchase, distribution, and sale of natural gas. The company holds approximately 47 cultivation concessions distributed throughout Italy and manages a total of about 1,600 kilometers of regional distribution and transportation network located around 39 municipalities.
67GF Score

Get the complete analysis for MIL:GSP

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

€5.52
Price
€3.23
GF Value