Ghana Oil Co (XGHA:GOIL) EBIT: GHS202 Mil (TTM As of Jun. 2026)

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XGHA:GOIL Ghana Oil Co Ltd XGHA:GOIL
73 GF Score
Price GHS6.10
GF Value GHS1.57
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Ghana Oil Co EBIT?

Ghana Oil Co XGHA:GOIL 73 EBIT is GHS202 Mil as of Jun. 2026. GuruFocus rates XGHA:GOIL with a GF Score™ of 73/100 and a GF Value™ of GHS1.57 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Ghana Oil Co's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2026 was GHS55 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was GHS202 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ghana Oil Co's annualized ROC % for the quarter that ended in Jun. 2026 was 9.29%. Ghana Oil Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 11.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ghana Oil Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 6.94%.


Ghana Oil Co  (XGHA:GOIL) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Ghana Oil Co's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=306.78 * ( 1 - 27.814% )/( (2358.98 + 2407.622)/ 2 )
=221.4522108/2383.301
=9.29 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=5498.271 - 3855.871 - ( 743.95 - max(0, 4225.348 - 3508.768+743.95))
=2358.98

Invested Capital(Q: Jun. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=5320.278 - 3526.455 - ( 287.985 - max(0, 3891.11 - 3277.311+287.985))
=2407.622

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Ghana Oil Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=221.268/( ( (1887.697 + max(-1095.967, 0)) + (1941.234 + max(-538.666, 0)) )/ 2 )
=221.268/( ( 1887.697 + 1941.234 )/ 2 )
=221.268/1914.4655
=11.56 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2481.691 + 278.213 + ) - (3855.871 + 0 + 0.00000000000045474735088646)
=-1095.967

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2655.417 + 332.372 + ) - (3526.455 + 0 + 0)
=-538.666

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Ghana Oil Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=201.502/2901.975
=6.94 %

* 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 EBIT Related Terms


Ghana Oil Co EBIT Historical Data

* Premium members only.

The historical data trend for Ghana Oil Co's EBIT 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 EBIT Chart

Ghana Oil Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 168.37 213.35 179.00 243.67 231.72

Ghana Oil Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EBIT 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 88.74 48.66 7.06 90.47 55.32

XGHA:GOIL vs MPC, VLO, PSX: EBIT Comparison

For the Oil & Gas Refining & Marketing subindustry, Ghana Oil Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ghana Oil Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ghana Oil Co's EV-to-EBIT falls into.


XGHA:GOIL
73GF Score
Ghana Oil Co Ltd XGHA:GOIL
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ghana Oil Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was GHS202 Mil.

* 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 EBIT →
What does a EBIT of GHS202 Mil mean?
Ghana Oil Co (XGHA:GOIL) has a EBIT of GHS202 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Ghana Oil Co.
Is Ghana Oil Co's EBIT too high?
Ghana Oil Co's current EBIT is GHS202 Mil. 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 EBIT compare to MPC and VLO?
Ghana Oil Co's EBIT of GHS202 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Oil & Gas company?
A good EBIT depends on the Oil & Gas industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Ghana Oil Co. Ghana Oil Co's current EBIT is GHS202 Mil. 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 GHS6.10 — trading 288.5% above its estimated fair value. The current EBIT is GHS202 Mil. Ghana Oil Co's overall GF Score™ is 73/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Ghana Oil Co (XGHA:GOIL), the current EBIT is GHS202 Mil as of Jun. 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 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 GHS6.10 is trading 288.5% above its estimated GF Value™ of GHS1.57. GuruFocus considers Ghana Oil Co to be Significantly Overvalued.

Key valuation signals for XGHA:GOIL:

  • EBIT: GHS202 Mil
  • GF Value™: GHS1.57 vs. price of GHS6.10 (288.5% above fair value)
  • GF Score™: 73/100 with 5 warning signs

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

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

GHS6.10
Price
GHS1.57
GF Value