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Smart Capital SpAMIL:SMCAP 9 EV-to-FCF is 7.83 as of Jul. 15, 2026, which is 51% below its 10-year median of 15.82. GuruFocus rates MIL:SMCAP with a GF Score™ of 9/100. The stock has 4 warning signs investors should review. Among 935 Asset Management companies, Smart Capital SpA ranks better than 73.16% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Smart Capital SpA's Enterprise Value is €88.13 Mil.
Smart Capital SpA's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €11.25 Mil. Therefore, Smart Capital SpA's EV-to-FCF for today is 7.83.
The historical rank and industry rank for Smart Capital SpA's EV-to-FCF or its related term are showing as below:
MIL:SMCAP'
s EV-to-FCF Range Over the Past 10 Years
Min: -400.9 Med: 15.82 Max: 16.21
Current: 7.83
During the past 4 years, the highest EV-to-FCF of Smart Capital SpA was 16.21. The lowest was -400.90. And the median was 15.82.
MIL:SMCAP's EV-to-FCF is ranked better than 73.16% of 935
companies
in the Asset Management industry
Industry Median: 14.5
vs MIL:SMCAP: 7.83
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.
Smart Capital SpA (MIL:SMCAP) EV-to-FCF Explanation
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.
Smart Capital SpA's PE Ratio (TTM) for today is calculated as:
Smart Capital SpA's share price for today is €1.55.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Smart Capital SpA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.290.
* 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.
Smart Capital SpA EV-to-FCF Related Terms
Smart Capital SpA EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Smart Capital 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 Asset Management subindustry, Smart Capital 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.
Smart Capital SpA EV-to-FCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Smart Capital SpA's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Smart Capital SpA's EV-to-FCF falls into.
Smart Capital SpA's current Enterprise Value is €88.13 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Smart Capital SpA's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €11.25 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.
Smart Capital SpA (MIL:SMCAP) has a EV-to-FCF of 7.83 as of Jul. 15, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Smart Capital SpA and its competitors. This is 51% below median its historical median of 15.82. According to the industry distribution chart, Smart Capital SpA ranks #251 out of 935 companies in the Asset Management industry, placing it in the top 26.8%.
Is Smart Capital SpA's EV-to-FCF too high?
Smart Capital SpA's current EV-to-FCF of 7.83 is 51% below median its 10-year median of 15.82. The Asset Management industry median EV-to-FCF is 14.50. Smart Capital SpA's value of 7.83 is 46% below this industry median. Based on the distribution chart, Smart Capital SpA ranks #251 out of 935 companies in the Asset Management industry, which is above the industry midpoint. Overall, Smart Capital SpA has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Smart Capital SpA's EV-to-FCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Smart Capital SpA ranks #251 out of 935 companies for EV-to-FCF. This puts Smart Capital SpA in the upper half of its industry. The industry median EV-to-FCF is 14.50. Smart Capital SpA's value of 7.83 is 46% below this benchmark. While the company's 10-year median is 15.82 vs. the industry median of 14.50, Smart Capital SpA has consistently been below 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 Asset Management company?
The median EV-to-FCF among Asset Management companies is 14.50, based on 935 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. Smart Capital SpA's current EV-to-FCF of 7.83 is 46% below 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 Smart Capital SpA and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart Capital SpA's current EV-to-FCF is 7.83, which is 51% below median its own 10-year median of 15.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart Capital SpA stock overvalued right now?
Smart Capital SpA (MIL:SMCAP) has a current EV-to-FCF of 7.83. The current EV-to-FCF is 7.83, which is 51% below median its 10-year median of 15.82 and 46% below the Asset Management industry median of 14.50. Smart Capital SpA's overall GF Score™ is 9/100 with 4 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 Smart Capital SpA (MIL:SMCAP), the current EV-to-FCF is 7.83 as of Jul. 15, 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.
Smart Capital SpA is a permanent capital industrial holding company specializing in private investments in public equity (PIPE) and private equity, focusing on small and medium-sized Italian companies, listed, unlisted or in the pre-IPO phase, operating both in Italy and abroad. It is characterized, also in its investment approach, by an entrepreneurial and longterm DNA. The company's main activity consists of acquiring shares and other financial instruments that allow the purchase or subscription of shares, including in the context of capital increases, at the time of listing or subsequently (such as the PIPE), reserved placements, public subscription and sale offers.
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