Italgas SpAITGGF 75 EV-to-FCF is 31.34 as of Jul. 01, 2026, which is 11% above its 10-year median of 28.12. GuruFocus rates ITGGF with a GF Score™ of 75/100 and a GF Value™ of $9.11 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 296 Utilities - Regulated companies, Italgas SpA ranks worse than 69.26% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Italgas SpA's Enterprise Value is $23,931 Mil.
Italgas SpA's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $764 Mil. Therefore, Italgas SpA's EV-to-FCF for today is 31.34.
The historical rank and industry rank for Italgas SpA's EV-to-FCF or its related term are showing as below:
ITGGF'
s EV-to-FCF Range Over the Past 10 Years
Min: 14.59 Med: 28.12 Max: 73.46
Current: 32.31
During the past 10 years, the highest EV-to-FCF of Italgas SpA was 73.46. The lowest was 14.59. And the median was 28.12.
ITGGF's EV-to-FCF is ranked worse than 69.26% of 296
companies
in the Utilities - Regulated industry
Industry Median: 18.545
vs ITGGF: 32.31
EV-to-FCF 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-FCF 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.
Italgas SpA's PE Ratio (TTM) for today is calculated as:
Italgas SpA's share price for today is $11.535.
Italgas SpA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.902.
* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Italgas SpA EV-to-FCF Related Terms
Italgas SpA EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Italgas SpA's EV-to-FCF 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 Utilities - Regulated Gas subindustry, Italgas SpA's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.
Italgas SpA EV-to-FCF vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Italgas SpA's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Italgas SpA's EV-to-FCF falls into.
Italgas SpA's current Enterprise Value is $23,931 Mil.
Italgas SpA's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $764 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.
Italgas SpA (ITGGF) has a EV-to-FCF of 31.34 as of Jul. 01, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Italgas SpA and its competitors. This is 11% above median its historical median of 28.12. Over the past decade, Italgas SpA's EV-to-FCF has ranged from 14.59 to 73.46. According to the industry distribution chart, Italgas SpA ranks #205 out of 296 companies in the Utilities - Regulated industry, placing it in the top 69.3%.
Is Italgas SpA's EV-to-FCF too high?
Italgas SpA's current EV-to-FCF of 31.34 is 11% above median its 10-year median of 28.12. Over the past 10 years, this metric has ranged from a low of 14.59 to a high of 73.46. The Utilities - Regulated industry median EV-to-FCF is 18.55. Italgas SpA's value of 31.34 is 69% above this industry median. Based on the distribution chart, Italgas SpA ranks #205 out of 296 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Italgas SpA has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Italgas SpA's EV-to-FCF compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Italgas SpA ranks #205 out of 296 companies for EV-to-FCF. This places Italgas SpA in the lower half of its industry. The industry median EV-to-FCF is 18.55. Italgas SpA's value of 31.34 is 69% above this benchmark. Historically, Italgas SpA's own EV-to-FCF has ranged from 14.59 to 73.46 over the past decade. While the company's 10-year median is 28.12 vs. the industry median of 18.55, Italgas 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-FCF for an Utilities - Regulated company?
The median EV-to-FCF among Utilities - Regulated companies is 18.55, based on 296 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Italgas SpA's current EV-to-FCF of 31.34 is 69% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Italgas SpA and its competitors. For the Utilities - Regulated industry, the median EV-to-FCF is 18.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Italgas SpA's current EV-to-FCF is 31.34, which is 11% above median its own 10-year median of 28.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Italgas SpA stock overvalued right now?
Based on GuruFocus' analysis, Italgas SpA (ITGGF) is currently considered Modestly Overvalued. The stock's GF Value™ is $9.11, compared to a current price of $11.54 — trading 26.6% above its estimated fair value. The current EV-to-FCF is 31.34, which is 11% above median its 10-year median of 28.12 and 69% above the Utilities - Regulated industry median of 18.55. Italgas SpA's overall GF Score™ is 75/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Italgas SpA (ITGGF), the current EV-to-FCF is 31.34 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 Italgas SpA (ITGGF) Overvalued in 2026?
Based on GuruFocus' analysis, Italgas SpA stock appears to be overvalued.
The current stock price of $11.54 is trading 26.6% above its estimated GF Value™ of $9.11.
GuruFocus considers Italgas SpA to be Modestly Overvalued.
Key valuation signals for ITGGF:
EV-to-FCF: 31.34 (11% above median its 10-year median of 28.12)
GF Value™: $9.11 vs. price of $11.54 (26.6% above fair value)
Industry Position: 69% above the Utilities - Regulated median (#205 of 296)
No single metric tells the full story. See the ITGGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Italgas SpA is an Italy-based company engaged in the business of natural gas distribution. The distribution service consists of transporting gas through local pipeline networks, from points of delivery at the reduction and measurement stations interconnected with the transport networks up to the final delivery points to customers. In addition, the company is also engaged in metering activities, which consist of determining, gathering, making available, and archiving metering data on natural gas withdrawn over the distribution networks. It derives a majority of its revenue from natural gas distribution activity. The other activities of the company are the distribution and sale of water and providing technical, engineering, IT assistance, and other services.
75GF Score
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