ENAV SpA (MIL:ENAV) FCF Margin %: 35.10% (As of Mar. 2026) — 146% Above Median


MIL:ENAV ENAV SpA MIL:ENAV
81 GF Score
Price €5.20
GF Value €4.12
Valuation Modestly Overvalued
! 5 Warning Signs
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What is ENAV SpA FCF Margin %?

ENAV SpA MIL:ENAV +1.07% 81 FCF Margin % is 35.10% as of Mar. 2026, which is 146% above its 10-year median of 14.27. GuruFocus rates MIL:ENAV with a GF Score™ of 81/100 and a GF Value™ of €4.12 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,006 Transportation companies, ENAV SpA ranks better than 95.03% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. ENAV SpA's Free Cash Flow for the three months ended in Mar. 2026 was €65.9 Mil. ENAV SpA's Revenue for the three months ended in Mar. 2026 was €187.7 Mil. Therefore, ENAV SpA's FCF Margin % for the quarter that ended in Mar. 2026 was 35.10%.

As of today, ENAV SpA's current FCF Yield % is 12.59%.

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

MIL:ENAV' s FCF Margin % Range Over the Past 10 Years
Min: -35.91   Med: 14.27   Max: 35.43
Current: 35.43


During the past 13 years, the highest FCF Margin % of ENAV SpA was 35.43%. The lowest was -35.91%. And the median was 14.27%.

MIL:ENAV's FCF Margin % is ranked better than
95.03% of 1006 companies
in the Transportation industry
Industry Median: 4.38 vs MIL:ENAV: 35.43


ENAV SpA FCF Margin % Related Terms


ENAV SpA FCF Margin % Historical Data

* Premium members only.

The historical data trend for ENAV 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.

ENAV SpA FCF Margin % Chart

ENAV SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -30.34 15.33 10.39 15.89 23.15

ENAV SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.73 16.82 52.99 34.20 35.10

MIL:ENAV vs JOBY: FCF Margin % Comparison

For the Airports & Air Services subindustry, ENAV 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.


ENAV SpA FCF Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, ENAV SpA's FCF Margin % distribution charts can be found below:

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


MIL:ENAV
81GF Score
ENAV SpA MIL:ENAV
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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ENAV SpA FCF Margin % Calculation

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

ENAV 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 )
=227.502/982.711
=23.15 %

ENAV SpA's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=65.897/187.737
=35.10 %

* 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 35.10% mean?
ENAV SpA (MIL:ENAV) has a FCF Margin % of 35.10% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on ENAV SpA and its competitors. This is 146% above median its historical median of 14.27. According to the industry distribution chart, ENAV SpA ranks #50 out of 1006 companies in the Transportation industry, placing it in the top 5%.
Is ENAV SpA's FCF Margin % too high?
ENAV SpA's current FCF Margin % of 35.10% is 146% above median its 10-year median of 14.27. The Transportation industry median FCF Margin % is 4.38. ENAV SpA's value of 35.10% is 701.4% above this industry median. Based on the distribution chart, ENAV SpA ranks #50 out of 1006 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, ENAV SpA has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ENAV SpA's FCF Margin % compare to JOBY?
According to the Transportation industry distribution chart, ENAV SpA ranks #50 out of 1006 companies for FCF Margin %. This places ENAV SpA in the top 5% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 4.38. ENAV SpA's value of 35.10% is 701.4% above this benchmark. While the company's 10-year median is 14.27 vs. the industry median of 4.38, ENAV 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 FCF Margin % for a Transportation company?
The median FCF Margin % among Transportation companies is 4.38, based on 1,006 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. ENAV SpA's current FCF Margin % of 35.10% is 701.4% 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 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 ENAV SpA and its competitors. For the Transportation industry, the median FCF Margin % is 4.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ENAV SpA's current FCF Margin % is 35.10%, which is 146% above median its own 10-year median of 14.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ENAV SpA stock overvalued right now?
Based on GuruFocus' analysis, ENAV SpA (MIL:ENAV) is currently considered Modestly Overvalued. The stock's GF Value™ is €4.12, compared to a current price of €5.20 — trading 26.1% above its estimated fair value. The current FCF Margin % is 35.10%, which is 146% above median its 10-year median of 14.27 and 701.4% above the Transportation industry median of 4.38. ENAV SpA's overall GF Score™ is 81/100 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 ENAV SpA (MIL:ENAV), the current FCF Margin % is 35.10% as of Mar. 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 ENAV SpA (MIL:ENAV) Overvalued in 2026?

Based on GuruFocus' analysis, ENAV SpA stock appears to be overvalued. The current stock price of €5.20 is trading 26.1% above its estimated GF Value™ of €4.12. GuruFocus considers ENAV SpA to be Modestly Overvalued.

Key valuation signals for MIL:ENAV:

  • FCF Margin %: 35.10% (146% above median its 10-year median of 14.27)
  • GF Value™: €4.12 vs. price of €5.20 (26.1% above fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 701.4% above the Transportation median (#50 of 1006)

No single metric tells the full story. See the MIL:ENAV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ENAV SpA Business Description

Other Exchanges ENAVm:UK0RIE:UKENV:Germany
Address Via Salaria 716, Rome, ITA, 00138
ENAV SpA is an Italy-based company engaged in providing air navigation and air traffic management services. The Group operates through three segments: Air Navigation Services, Maintenance Services, and AIM Software Solutions Services. The Air Navigation segment provides air traffic control and related services across Italian airspace and airports. The Maintenance segment focuses on the management and maintenance of air traffic control systems and infrastructure. The AIM Software Solutions segment develops software solutions for aeronautical information and air traffic management, along with related commercial and support services. It generates the majority of its revenue from the Flight assistance services segment.
81GF Score

Get the complete analysis for MIL:ENAV

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

€5.20
Price
€4.12
GF Value