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AA Tech SpAMIL:AAT 21 EV-to-FCF is -3.52 as of Jul. 30, 2026. GuruFocus rates MIL:AAT with a GF Score™ of 21/100 and a GF Value™ of €4.09 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,604 Software companies, AA Tech SpA ranks worse than 62344.08% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, AA Tech SpA's Enterprise Value is €15.40 Mil.
AA Tech SpA's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €-4.38 Mil. Therefore, AA Tech SpA's EV-to-FCF for today is -3.52.
The historical rank and industry rank for AA Tech SpA's EV-to-FCF or its related term are showing as below:
MIL:AAT'
s EV-to-FCF Range Over the Past 10 Years
Min: -17.72 Med: -6.08 Max: -2.99
Current: -3.56
During the past 5 years, the highest EV-to-FCF of AA Tech SpA was -2.99. The lowest was -17.72. And the median was -6.08.
MIL:AAT's EV-to-FCF is ranked worse than 100% of 1604
companies
in the Software industry
Industry Median: 14.785
vs MIL:AAT: -3.56
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.
AA Tech SpA's PE Ratio (TTM) for today is calculated as:
AA Tech SpA's share price for today is €1.07.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. AA Tech SpA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.262.
* 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.
AA Tech SpA EV-to-FCF Related Terms
AA Tech SpA EV-to-FCF Historical Data
* Premium members only.
The historical data trend for AA Tech 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 Software - Infrastructure subindustry, AA Tech 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.
AA Tech SpA EV-to-FCF vs Software Industry
For the Software industry and Technology sector, AA Tech SpA's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where AA Tech SpA's EV-to-FCF falls into.
AA Tech SpA's current Enterprise Value is €15.40 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. AA Tech SpA's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €-4.38 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.
AA Tech SpA (MIL:AAT) has a EV-to-FCF of -3.52 as of Jul. 30, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on AA Tech SpA and its competitors. According to the industry distribution chart, AA Tech SpA ranks #999999 out of 1604 companies in the Software industry.
Is AA Tech SpA's EV-to-FCF too high?
AA Tech SpA's current EV-to-FCF is -3.52. Based on the distribution chart, AA Tech SpA ranks #999999 out of 1604 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, AA Tech SpA has a GF Score™ of 21/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AA Tech SpA's EV-to-FCF compare to MSFT and ORCL?
According to the Software industry distribution chart, AA Tech SpA ranks #999999 out of 1604 companies for EV-to-FCF. This places AA Tech SpA in the lower half of its industry. The industry median EV-to-FCF is 14.79. 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 a Software company?
The median EV-to-FCF among Software companies is 14.79, based on 1,604 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. 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 AA Tech SpA and its competitors. For the Software industry, the median EV-to-FCF is 14.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AA Tech SpA's current EV-to-FCF is -3.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AA Tech SpA stock overvalued right now?
Based on GuruFocus' analysis, AA Tech SpA (MIL:AAT) is currently considered Possible Value Trap. The stock's GF Value™ is €4.09, compared to a current price of €1.07 — trading 73.8% below its estimated fair value. The current EV-to-FCF is -3.52. AA Tech SpA's overall GF Score™ is 21/100 with 6 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 AA Tech SpA (MIL:AAT), the current EV-to-FCF is -3.52 as of Jul. 30, 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 AA Tech SpA (MIL:AAT) Overvalued in 2026?
Based on GuruFocus' analysis, AA Tech SpA stock appears to be undervalued.
The current stock price of €1.07 is trading 73.8% below its estimated GF Value™ of €4.09.
GuruFocus considers AA Tech SpA to be Possible Value Trap.
Key valuation signals for MIL:AAT:
EV-to-FCF: -3.52
GF Value™: €4.09 vs. price of €1.07 (73.8% below fair value)
No single metric tells the full story. See the MIL:AAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AA Tech SpA is a venture tech builder in the digital sector, with the constant aiming of identifying new technologies in the aforementioned sectors in Italy. In particular, the Company, through a process of continuous innovation, intends to seek solutions that create new opportunities for generating value, with the intention, after their creation and validation, of making these companies autonomous. One of its subsidiaries, Previon a Fintech company that provides open banking services for compulsory and complementary pension funds.
21GF Score
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