AA Tech SpA (MIL:AAT) FCF Margin %: -20.02% (As of Dec. 2025)


MIL:AAT AA Tech SpA MIL:AAT
21 GF Score
Price €1.02
GF Value €4.02
Valuation Possible Value Trap
! 5 Warning Signs
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What is AA Tech SpA FCF Margin %?

AA Tech SpA MIL:AAT +0.99% 21 FCF Margin % is -20.02% as of Dec. 2025. GuruFocus rates MIL:AAT with a GF Score™ of 21/100 and a GF Value™ of €4.02 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,815 Software companies, AA Tech SpA ranks worse than 82.45% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. AA Tech SpA's Free Cash Flow for the six months ended in Dec. 2025 was €-2.49 Mil. AA Tech SpA's Revenue for the six months ended in Dec. 2025 was €12.44 Mil. Therefore, AA Tech SpA's FCF Margin % for the quarter that ended in Dec. 2025 was -20.02%.

As of today, AA Tech SpA's current FCF Yield % is -42.81%.

The historical rank and industry rank for AA Tech SpA's FCF Margin % or its related term are showing as below:

MIL:AAT' s FCF Margin % Range Over the Past 10 Years
Min: -170.39   Med: -48.11   Max: -26.84
Current: -33.38


During the past 5 years, the highest FCF Margin % of AA Tech SpA was -26.84%. The lowest was -170.39%. And the median was -48.11%.

MIL:AAT's FCF Margin % is ranked worse than
82.45% of 2815 companies
in the Software industry
Industry Median: 2.41 vs MIL:AAT: -33.38


AA Tech SpA FCF Margin % Related Terms


AA Tech SpA FCF Margin % Historical Data

* Premium members only.

The historical data trend for AA Tech SpA's FCF Margin % 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.

AA Tech SpA FCF Margin % Chart

AA Tech SpA Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
-170.09 -48.11 -170.39 -26.84 -33.37

AA Tech SpA Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
FCF Margin % Get a 7-Day Free Trial 0.00 -15.73 -34.25 -275.91 -20.02

MIL:AAT vs MSFT, ORCL, PLTR: FCF Margin % Comparison

For the Software - Infrastructure subindustry, AA Tech SpA's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Software Industry

For the Software industry and Technology sector, AA Tech SpA's FCF Margin % distribution charts can be found below:

* The bar in red indicates where AA Tech SpA's FCF Margin % falls into.


MIL:AAT
21GF Score
AA Tech SpA MIL:AAT
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AA Tech SpA FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

AA Tech SpA's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-4.379/13.122
=-33.37 %

AA Tech SpA's FCF Margin for the quarter that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=-2.49/12.438
=-20.02 %

* 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.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of -20.02% mean?
AA Tech SpA (MIL:AAT) has a FCF Margin % of -20.02% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on AA Tech SpA and its competitors. According to the industry distribution chart, AA Tech SpA ranks #2321 out of 2815 companies in the Software industry, placing it in the top 82.5%.
Is AA Tech SpA's FCF Margin % too high?
AA Tech SpA's current FCF Margin % is -20.02%. Based on the distribution chart, AA Tech SpA ranks #2321 out of 2815 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 FCF Margin % compare to MSFT and ORCL?
According to the Software industry distribution chart, AA Tech SpA ranks #2321 out of 2815 companies for FCF Margin %. This places AA Tech SpA in the lower half of its industry. The industry median FCF Margin % is 2.41. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Software company?
The median FCF Margin % among Software companies is 2.41, based on 2,815 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on AA Tech SpA and its competitors. For the Software industry, the median FCF Margin % is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AA Tech SpA's current FCF Margin % is -20.02%. 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 €4.02, compared to a current price of €1.02 — trading 74.6% below its estimated fair value. The current FCF Margin % is -20.02%. AA Tech SpA's overall GF Score™ is 21/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For AA Tech SpA (MIL:AAT), the current FCF Margin % is -20.02% as of Dec. 2025. 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 €1.02 is trading 74.6% below its estimated GF Value™ of €4.02. GuruFocus considers AA Tech SpA to be Possible Value Trap.

Key valuation signals for MIL:AAT:

  • FCF Margin %: -20.02%
  • GF Value™: €4.02 vs. price of €1.02 (74.6% below fair value)
  • GF Score™: 21/100 with 5 warning signs

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 Business Description

Address Viale Carlo Espinasse 163, Milan, ITA, 20144
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

Get the complete analysis for MIL:AAT

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.02
Price
€4.02
GF Value