Ghana Oil Co (XGHA:GOIL) Earnings Yield (Joel Greenblatt) %: 14.20% (As of Dec. 2025) — 16% Below Median

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XGHA:GOIL Ghana Oil Co Ltd XGHA:GOIL
73 GF Score
Price GHS7.45
GF Value GHS1.57
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Ghana Oil Co Earnings Yield (Joel Greenblatt) %?

Ghana Oil Co XGHA:GOIL -0.67% 73 Earnings Yield (Joel Greenblatt) % is 14.20% as of Dec. 2025, which is 16% below its 10-year median of 16.95. GuruFocus rates XGHA:GOIL with a GF Score™ of 73/100 and a GF Value™ of GHS1.57 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,039 Oil & Gas companies, Ghana Oil Co ranks better than 57.17% on this metric.

Ghana Oil Co's Enterprise Value for the quarter that ended in Dec. 2025 was GHS1,672 Mil. Ghana Oil Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was GHS237 Mil. Ghana Oil Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 14.20%.

The historical rank and industry rank for Ghana Oil Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

XGHA:GOIL' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.57   Med: 16.95   Max: 49.42
Current: 6.92

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Ghana Oil Co was 49.42%. The lowest was 4.57%. And the median was 16.95%.

XGHA:GOIL's Earnings Yield (Joel Greenblatt) % is ranked better than
57.17% of 1039 companies
in the Oil & Gas industry
Industry Median: 5.31 vs XGHA:GOIL: 6.92

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Ghana Oil Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 was 12.03%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


Ghana Oil Co  (XGHA:GOIL) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Ghana Oil Co Earnings Yield (Joel Greenblatt) % Related Terms


Ghana Oil Co Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Ghana Oil Co's Earnings Yield (Joel Greenblatt) % 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.

Ghana Oil Co Earnings Yield (Joel Greenblatt) % Chart

Ghana Oil Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.69 40.00 23.09 15.34 14.20

Ghana Oil Co Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) % 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 18.69 40.00 23.09 15.34 14.20

XGHA:GOIL vs MPC, VLO, PSX: Earnings Yield (Joel Greenblatt) % Comparison

For the Oil & Gas Refining & Marketing subindustry, Ghana Oil Co's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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.


Ghana Oil Co Earnings Yield (Joel Greenblatt) % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ghana Oil Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Ghana Oil Co's Earnings Yield (Joel Greenblatt) % falls into.


XGHA:GOIL
73GF Score
Ghana Oil Co Ltd XGHA:GOIL
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ghana Oil Co Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

Ghana Oil Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=237.304/1671.52448
=14.20 %

For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.


What does a Earnings Yield (Joel Greenblatt) % of 14.20% mean?
Ghana Oil Co (XGHA:GOIL) has a Earnings Yield (Joel Greenblatt) % of 14.20% as of Dec. 2025. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Ghana Oil Co and its competitors. This is 16% below median its historical median of 16.95. Over the past decade, Ghana Oil Co's Earnings Yield (Joel Greenblatt) % has ranged from 4.57 to 49.42. According to the industry distribution chart, Ghana Oil Co ranks #445 out of 1039 companies in the Oil & Gas industry, placing it in the top 42.8%.
Is Ghana Oil Co's Earnings Yield (Joel Greenblatt) % too high?
Ghana Oil Co's current Earnings Yield (Joel Greenblatt) % of 14.20% is 16% below median its 10-year median of 16.95. Over the past 10 years, this metric has ranged from a low of 4.57 to a high of 49.42. The Oil & Gas industry median Earnings Yield (Joel Greenblatt) % is 5.31. Ghana Oil Co's value of 14.20% is 167.4% above this industry median. Based on the distribution chart, Ghana Oil Co ranks #445 out of 1039 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Ghana Oil Co has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ghana Oil Co's Earnings Yield (Joel Greenblatt) % compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Ghana Oil Co ranks #445 out of 1039 companies for Earnings Yield (Joel Greenblatt) %. This puts Ghana Oil Co in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.31. Ghana Oil Co's value of 14.20% is 167.4% above this benchmark. Historically, Ghana Oil Co's own Earnings Yield (Joel Greenblatt) % has ranged from 4.57 to 49.42 over the past decade. While the company's 10-year median is 16.95 vs. the industry median of 5.31, Ghana Oil Co 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 Earnings Yield (Joel Greenblatt) % for an Oil & Gas company?
The median Earnings Yield (Joel Greenblatt) % among Oil & Gas companies is 5.31, based on 1,039 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ghana Oil Co's current Earnings Yield (Joel Greenblatt) % of 14.20% is 167.4% 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 Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Ghana Oil Co and its competitors. For the Oil & Gas industry, the median Earnings Yield (Joel Greenblatt) % is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ghana Oil Co's current Earnings Yield (Joel Greenblatt) % is 14.20%, which is 16% below median its own 10-year median of 16.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ghana Oil Co stock overvalued right now?
Based on GuruFocus' analysis, Ghana Oil Co (XGHA:GOIL) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS1.57, compared to a current price of GHS7.45 — trading 374.5% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 14.20%, which is 16% below median its 10-year median of 16.95 and 167.4% above the Oil & Gas industry median of 5.31. Ghana Oil Co's overall GF Score™ is 73/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Ghana Oil Co (XGHA:GOIL), the current Earnings Yield (Joel Greenblatt) % is 14.20% 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 Ghana Oil Co (XGHA:GOIL) Overvalued in 2026?

Based on GuruFocus' analysis, Ghana Oil Co stock appears to be overvalued. The current stock price of GHS7.45 is trading 374.5% above its estimated GF Value™ of GHS1.57. GuruFocus considers Ghana Oil Co to be Significantly Overvalued.

Key valuation signals for XGHA:GOIL:

  • Earnings Yield (Joel Greenblatt) %: 14.20% (16% below median its 10-year median of 16.95)
  • GF Value™: GHS1.57 vs. price of GHS7.45 (374.5% above fair value)
  • GF Score™: 73/100 with 9 warning signs
  • Industry Position: 167.4% above the Oil & Gas median (#445 of 1039)

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


Ghana Oil Co Business Description

Industry EnergyOil & Gas
Address Junction of Kojo Thompson and Adjabeng Roads, House Number D659/4, P. O. Box GP 3183, Adabraka, Accra, GHA
Ghana Oil Co Ltd (GOIL) is engaged in the marketing and distribution of petroleum products. Its objective is to market petroleum and related products, particularly fuels, liquefied petroleum gas (LPG), lubricants, bitumen, and specialty products in Ghana. The company is engaged in the business of marketing quality petroleum and other energy products and services in all its branches in a healthy, safe, environmentally friendly, and socially responsible manner.
73GF Score

Get the complete analysis for XGHA:GOIL

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

GHS7.45
Price
GHS1.57
GF Value