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Fiera Milano SpACHIX:FMM 79 Intrinsic Value: Projected FCF is €6.11 as of Aug. 31, 2026. GuruFocus rates CHIX:FMM with a GF Score™ of 79/100 and a GF Value™ of €2.90. The stock has 2 warning signs investors should review. Among 685 Business Services companies, Fiera Milano SpA ranks better than 76.93% on this metric.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
As of today (2026-08-31), Fiera Milano SpA's Intrinsic Value: Projected FCF is €6.11. The stock price of Fiera Milano SpA is €3.13. Therefore, Fiera Milano SpA's Price-to-Intrinsic-Value-Projected-FCF of today is 0.5.
The historical rank and industry rank for Fiera Milano SpA's Intrinsic Value: Projected FCF or its related term are showing as below:
CHIX:FMm'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.31 Med: 1.45 Max: 3.66
Current: 0.51
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Fiera Milano SpA was 3.66. The lowest was 0.31. And the median was 1.45.
CHIX:FMm's Price-to-Projected-FCF is ranked better than 76.93% of 685
companies
in the Business Services industry
Industry Median: 0.88
vs CHIX:FMm: 0.51
Fiera Milano SpA (CHIX:FMm) Intrinsic Value: Projected FCF Explanation
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
Fiera Milano SpA's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
3.13
/
15.560965955437
=
0.20
* 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.
Fiera Milano SpA Intrinsic Value: Projected FCF Related Terms
Fiera Milano SpA Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for Fiera Milano SpA's Intrinsic Value: Projected 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.
Fiera Milano SpA Intrinsic Value: Projected FCF Chart
CHIX:FMM vs CTAS, CPRT, GPN: Intrinsic Value: Projected FCF Comparison
For the Specialty Business Services subindustry, Fiera Milano SpA's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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.
Fiera Milano SpA Price-to-Projected-FCF vs Business Services Industry
For the Business Services industry and Industrials sector, Fiera Milano SpA's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Fiera Milano SpA's Price-to-Projected-FCF falls into.
Fiera Milano SpA Intrinsic Value: Projected FCF Calculation
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* 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.
What does a Intrinsic Value: Projected FCF of €6.11 mean?
Fiera Milano SpA (CHIX:FMM) has a Intrinsic Value: Projected FCF of €6.11 as of Aug. 31, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Fiera Milano SpA and its competitors. According to the industry distribution chart, Fiera Milano SpA ranks #158 out of 685 companies in the Business Services industry, placing it in the top 23.1%.
Is Fiera Milano SpA's Intrinsic Value: Projected FCF too high?
Fiera Milano SpA's current Intrinsic Value: Projected FCF is €6.11. Based on the distribution chart, Fiera Milano SpA ranks #158 out of 685 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Fiera Milano SpA has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Fiera Milano SpA's Intrinsic Value: Projected FCF compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Fiera Milano SpA ranks #158 out of 685 companies for Intrinsic Value: Projected FCF. This places Fiera Milano SpA in the top 23% of its industry — outperforming the majority of peers. The industry median Intrinsic Value: Projected FCF is 0.88. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Business Services company?
The median Intrinsic Value: Projected FCF among Business Services companies is 0.88, based on 685 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Fiera Milano SpA and its competitors. For the Business Services industry, the median Intrinsic Value: Projected FCF is 0.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fiera Milano SpA's current Intrinsic Value: Projected FCF is €6.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiera Milano SpA stock overvalued right now?
Fiera Milano SpA (CHIX:FMM) has a current Intrinsic Value: Projected FCF of €6.11. The stock's GF Value™ is €2.90, compared to a current price of €3.13 — trading 7.9% above its estimated fair value. The current Intrinsic Value: Projected FCF is €6.11. Fiera Milano SpA's overall GF Score™ is 79/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Fiera Milano SpA (CHIX:FMM), the current Intrinsic Value: Projected FCF is €6.11 as of Aug. 31, 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 Fiera Milano SpA (CHIX:FMM) Overvalued in 2026?
Based on GuruFocus' analysis, Fiera Milano SpA stock appears to be overvalued.
The current stock price of €3.13 is trading 7.9% above its estimated GF Value™ of €2.90.
Key valuation signals for CHIX:FMM:
Intrinsic Value: Projected FCF: €6.11
GF Value™: €2.90 vs. price of €3.13 (7.9% above fair value)
No single metric tells the full story. See the CHIX:FMM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fiera Milano SpA is a trade fair company. Its operating segments include Italian Exhibitions Business, Foreign Exhibitions Business, Congresses, and Other Sectors. The Italian Exhibitions and Foreign Exhibitions segment covers all activities for organizing and hosting exhibitions and other events in Italy and abroad through the use, promotion, and offer of furnished exhibition spaces, project support, and ancillary services. It also engages in stand-fitting, technical, and exhibition site services. The Congresses segment covers the management of conferences and events. It generates the majority of the revenue from Italian exhibitions segment. Geographically, it operates in Italy and Abroad, where it derives maximum revenue from Italy.
79GF Score
Get the complete analysis for CHIX:FMM
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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