Rai Way SpA
F:4RW
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EV/EBITDA
Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Valuation Scenarios
If EV/EBITDA returns to its 3-Year Average (8.6), the stock would be worth €5.77 (3% downside from current price).
| Scenario | EV/EBITDA Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 8.9 | €5.95 |
0%
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| 3-Year Average | 8.6 | €5.77 |
-3%
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| 5-Year Average | 9.1 | €6.13 |
+3%
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| Industry Average | 3.7 | €2.51 |
-58%
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| Country Average | 7.6 | €5.09 |
-14%
|
Forward EV/EBITDA
Today’s price vs future ebitda
| Today's Enterprise Value | EBITDA | Forward EV/EBITDA | ||
|---|---|---|---|---|
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€1.6B
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/ |
Jan 2026
€186.6m
|
= |
|
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€1.6B
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/ |
Dec 2026
€196.7m
|
= |
|
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€1.6B
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/ |
Dec 2027
€208m
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= |
|
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€1.6B
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/ |
Dec 2028
€216.7m
|
= |
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Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.
Peer Comparison
| Market Cap | EV/EBITDA | P/E | ||||
|---|---|---|---|---|---|---|
| IT |
|
Rai Way SpA
F:4RW
|
1.6B EUR | 8.9 | 18.6 | |
| US |
|
Fox Corp
NASDAQ:FOXA
|
27.7B USD | 9.1 | 14.6 | |
| US |
V
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ViacomCBS Inc
LSE:0A65
|
24.3B USD | 11.3 | -39.2 | |
| US |
|
Paramount Global
NASDAQ:PARA
|
7.4B USD | 6.2 | -1.4 | |
| LU |
|
RTL Group SA
XETRA:RRTL
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5.8B EUR | 12.5 | 6 | |
| US |
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Nexstar Media Group Inc
NASDAQ:NXST
|
6.1B USD | 7.4 | 67.4 | |
| JP |
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TBS Holdings Inc
TSE:9401
|
911.3B JPY | 21.5 | 16.3 | |
| JP |
N
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Nippon Television Holdings Inc
TSE:9404
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781.8B JPY | 7.1 | 12.4 | |
| UK |
|
ITV PLC
LSE:ITV
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3.1B GBP | 6 | 13.9 | |
| JP |
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Fuji Media Holdings Inc
TSE:4676
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601B JPY | 157.4 | -48.2 | |
| SA |
M
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MBC Group CJSC
SAU:4072
|
12.8B SAR | 19.4 | 25.5 |
Market Distribution
| Min | 0.7 |
| 30th Percentile | 5.2 |
| Median | 7.6 |
| 70th Percentile | 10.8 |
| Max | 3 328.6 |
Other Multiples
Rai Way SpA
Glance View
Rai Way SpA exemplifies an intriguing chapter in Italy's rich broadcasting history, playing a crucial role in the country's communications infrastructure. Emerging from its parent, RAI, Italy's national public broadcasting company, Rai Way was carved out to manage and optimize the extensive network of towers and transmission equipment required to broadcast television and radio content. This spinoff focused on leveraging the strengths of RAI's assets by creating a specialized entity capable of independently operating, maintaining, and expanding its broadcast transmission capabilities. The strategic foresight aimed at adapting to a rapidly evolving media landscape underscores Rai Way's inception, as it adeptly balances traditional broadcasting methods while gradually embracing digital transformation. Rai Way generates revenue by leasing its broadcast infrastructure to multiple clients, including its parent company, RAI, along with other broadcasters and telecommunications operators. This business model not only stabilizes cash flow through contractual agreements but also opens opportunities for growth through increasing demand for bandwidth and digital services. The company also capitalizes on its technical expertise by offering services encompassing site management, maintenance, and decryption facilities, thus maintaining high service quality and reliability. With its strategic approach, Rai Way serves as a critical hub in Italy's broadcasting ecosystem, supporting the dissemination of content across a myriad of channels and fostering a robust digital future for communication networks.