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, Ermenegildo Zegna NV's Enterprise Value is €3,917 Mil.
Ermenegildo Zegna NV's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €180 Mil. Therefore, Ermenegildo Zegna NV's EV-to-EBIT ratio for today is 21.76.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Ermenegildo Zegna NV's Enterprise Value is €3,917 Mil.
Ermenegildo Zegna NV's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €440 Mil. Therefore, Ermenegildo Zegna NV's EV-to-EBITDA ratio for today is 8.90.
*** 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.
Ermenegildo Zegna NV (STU:JN0) 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.
Ermenegildo Zegna NV's current Enterprise Value is €3,917 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Ermenegildo Zegna NV's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €180 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Ermenegildo Zegna NV's current Enterprise Value is €3,917 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Ermenegildo Zegna NV's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €440 Mil.
Ermenegildo Zegna NV's current Enterprise Value is €3,917 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Ermenegildo Zegna NV's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €1,917 Mil.
Ermenegildo Zegna NV's current Enterprise Value is €3,917 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Ermenegildo Zegna NV's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €336 Mil.
Ermenegildo Zegna NV's current Enterprise Value is €3,917 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Ermenegildo Zegna NV's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €233 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.
Ermenegildo Zegna NV Enterprise Value Related Terms
Ermenegildo Zegna NV Enterprise Value Historical Data
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The historical data trend for Ermenegildo Zegna NV'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.
STU:JN0 vs PVH, COLM, UAA: Enterprise Value Comparison
For the Apparel Manufacturing subindustry, Ermenegildo Zegna NV'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.
Ermenegildo Zegna NV Enterprise Value vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ermenegildo Zegna NV's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Ermenegildo Zegna NV'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.
Ermenegildo Zegna NV'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.
Ermenegildo Zegna NV (STU:JN0) has a Enterprise Value of €3,917 Mil as of Jul. 12, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Ermenegildo Zegna NV and its competitors.
Is Ermenegildo Zegna NV's Enterprise Value too high?
Ermenegildo Zegna NV's current Enterprise Value is €3,917 Mil. Overall, Ermenegildo Zegna NV has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ermenegildo Zegna NV's Enterprise Value compare to PVH and COLM?
Ermenegildo Zegna NV's Enterprise Value of €3,917 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Enterprise Value depends on the Manufacturing - Apparel & Accessories 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 Ermenegildo Zegna NV and its competitors. Ermenegildo Zegna NV's current Enterprise Value is €3,917 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ermenegildo Zegna NV stock overvalued right now?
Based on GuruFocus' analysis, Ermenegildo Zegna NV (STU:JN0) is currently considered Modestly Overvalued. The stock's GF Value™ is €9.67, compared to a current price of €11.74 — trading 21.4% above its estimated fair value. The current Enterprise Value is €3,917 Mil. Ermenegildo Zegna NV's overall GF Score™ is 83/100 with 7 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 Ermenegildo Zegna NV (STU:JN0), the current Enterprise Value is €3,917 Mil as of Jul. 12, 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 Ermenegildo Zegna NV (STU:JN0) Overvalued in 2026?
Based on GuruFocus' analysis, Ermenegildo Zegna NV stock appears to be overvalued.
The current stock price of €11.74 is trading 21.4% above its estimated GF Value™ of €9.67.
GuruFocus considers Ermenegildo Zegna NV to be Modestly Overvalued.
Key valuation signals for STU:JN0:
Enterprise Value: €3,917 Mil
GF Value™: €9.67 vs. price of €11.74 (21.4% above fair value)
No single metric tells the full story. See the STU:JN0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ermenegildo Zegna NV designs creates, and distributes luxury menswear and accessories under the Zegna brand, as well as womenswear, menswear, and accessories under the Thom Browne brand. The company operates in three segments: the Zegna segment (comprising three product lines: Zegna Branded Products, Textile, and Third Party Brands); the Thom Browne segment, and the Tom Ford Fashion segment. The company generates the majority of revenue from the Zegna segment.
83GF Score
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