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, Racing Force SpA's Enterprise Value is €144.87 Mil.
Racing Force SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €6.97 Mil. Therefore, Racing Force SpA's EV-to-EBIT ratio for today is 20.78.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Racing Force SpA's Enterprise Value is €144.87 Mil.
Racing Force SpA's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €11.29 Mil. Therefore, Racing Force SpA's EV-to-EBITDA ratio for today is 12.83.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Racing Force SpA's Enterprise Value is €144.87 Mil.
Racing Force SpA's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €73.11 Mil. Therefore, Racing Force SpA's EV-to-Revenue ratio for today is 1.98.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Racing Force SpA's Enterprise Value is €144.87 Mil.
Racing Force SpA's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €-2.95 Mil. Therefore, Racing Force SpA's EV-to-FCF ratio for today is -49.13.
*** 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.
Racing Force SpA (MIL:RFG) 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.
Racing Force SpA's current Enterprise Value is €144.87 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Racing Force SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €6.97 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Racing Force SpA's current Enterprise Value is €144.87 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Racing Force SpA's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €11.29 Mil.
Racing Force SpA's current Enterprise Value is €144.87 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Racing Force SpA's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €73.11 Mil.
Racing Force SpA's current Enterprise Value is €144.87 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Racing Force SpA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €10.64 Mil.
Racing Force SpA's current Enterprise Value is €144.87 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Racing Force SpA's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €-2.95 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.
Racing Force SpA Enterprise Value Related Terms
Racing Force SpA Enterprise Value Historical Data
* Premium members only.
The historical data trend for Racing Force 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.
MIL:RFG vs AS, HAS, LTH: Enterprise Value Comparison
For the Leisure subindustry, Racing Force 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.
Racing Force SpA Enterprise Value vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Racing Force SpA's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Racing Force SpA's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Racing Force SpA's Enterprise Value for the fiscal year 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.
Racing Force SpA (MIL:RFG) has a Enterprise Value of €144.87 Mil as of Jul. 01, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Racing Force SpA and its competitors.
Is Racing Force SpA's Enterprise Value too high?
Racing Force SpA's current Enterprise Value is €144.87 Mil. Overall, Racing Force SpA has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Racing Force SpA's Enterprise Value compare to AS and HAS?
Racing Force SpA's Enterprise Value of €144.87 Mil can be compared against companies in the Travel & Leisure 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 a Travel & Leisure company?
A good Enterprise Value depends on the Travel & Leisure 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 Racing Force SpA and its competitors. Racing Force SpA's current Enterprise Value is €144.87 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Racing Force SpA stock overvalued right now?
Based on GuruFocus' analysis, Racing Force SpA (MIL:RFG) is currently considered Modestly Undervalued. The stock's GF Value™ is €5.43, compared to a current price of €4.66 — trading 14.2% below its estimated fair value. The current Enterprise Value is €144.87 Mil. Racing Force SpA's overall GF Score™ is 83/100 with 1 warning sign 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 Racing Force SpA (MIL:RFG), the current Enterprise Value is €144.87 Mil as of Jul. 01, 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 Racing Force SpA (MIL:RFG) Overvalued in 2026?
Based on GuruFocus' analysis, Racing Force SpA stock appears to be undervalued.
The current stock price of €4.66 is trading 14.2% below its estimated GF Value™ of €5.43.
GuruFocus considers Racing Force SpA to be Modestly Undervalued.
Key valuation signals for MIL:RFG:
Enterprise Value: €144.87 Mil
GF Value™: €5.43 vs. price of €4.66 (14.2% below fair value)
No single metric tells the full story. See the MIL:RFG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Racing Force SpA operates in the production of safety equipment for the racing and motorsports industry and conducts essentially complementary business activities. Its product range spans suits, gloves, shoes, seats, harnesses, helmets, rollbars, racing nets, steering wheels, fire-extinguisher systems, and intercoms, as well as other accessories strictly related to the motorsport industry. The products are sold under the OMP, Bell, Zeronoise, B2, and Racing Spirit brands. Geographically, the company generates maximum revenue from Europe, Middle East and Africa (EMEA), followed by the Americas (AMER), and Asia and Oceania (APAC).
83GF Score
Get the complete analysis for MIL:RFG
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