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Horizon OilFRA:HOJ -12.10%51 EV-to-EBIT is 17.70 as of Aug. 04, 2026, which is 305% above its 10-year median of 4.37. GuruFocus rates FRA:HOJ with a GF Score™ of 51/100 and a GF Value™ of €0.09 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 693 Oil & Gas companies, Horizon Oil ranks worse than 68.83% on this metric.
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Horizon Oil's Enterprise Value for the quarter that ended in Dec. 2025 was €196.07 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Horizon Oil's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €13.87 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.
Horizon Oil EV-to-EBIT Related Terms
Horizon Oil EV-to-EBIT Historical Data
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The historical data trend for Horizon Oil's EV-to-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.
For the Oil & Gas E&P subindustry, Horizon Oil'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.
Horizon Oil EV-to-EBIT vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Horizon Oil's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Horizon Oil's EV-to-EBIT falls into.
Horizon Oil's current Enterprise Value is €245.64 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Horizon Oil's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €13.87 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.
Horizon Oil (FRA:HOJ) has a EV-to-EBIT of 17.70 as of Aug. 04, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Horizon Oil and its competitors. This is 305% above median its historical median of 4.37. According to the industry distribution chart, Horizon Oil ranks #477 out of 693 companies in the Oil & Gas industry, placing it in the top 68.8%.
Is Horizon Oil's EV-to-EBIT too high?
Horizon Oil's current EV-to-EBIT of 17.70 is 305% above median its 10-year median of 4.37. The Oil & Gas industry median EV-to-EBIT is 11.83. Horizon Oil's value of 17.70 is 49.6% above this industry median. Based on the distribution chart, Horizon Oil ranks #477 out of 693 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Horizon Oil has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Horizon Oil's EV-to-EBIT compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Horizon Oil ranks #477 out of 693 companies for EV-to-EBIT. This places Horizon Oil in the lower half of its industry. The industry median EV-to-EBIT is 11.83. Horizon Oil's value of 17.70 is 49.6% above this benchmark. While the company's 10-year median is 4.37 vs. the industry median of 11.83, Horizon Oil 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 EV-to-EBIT for an Oil & Gas company?
The median EV-to-EBIT among Oil & Gas companies is 11.83, based on 693 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Horizon Oil's current EV-to-EBIT of 17.70 is 49.6% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Horizon Oil and its competitors. For the Oil & Gas industry, the median EV-to-EBIT is 11.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Horizon Oil's current EV-to-EBIT is 17.70, which is 305% above median its own 10-year median of 4.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Oil stock overvalued right now?
Based on GuruFocus' analysis, Horizon Oil (FRA:HOJ) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.09, compared to a current price of €0.11 — trading 21.1% above its estimated fair value. The current EV-to-EBIT is 17.70, which is 305% above median its 10-year median of 4.37 and 49.6% above the Oil & Gas industry median of 11.83. Horizon Oil's overall GF Score™ is 51/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Horizon Oil (FRA:HOJ), the current EV-to-EBIT is 17.70 as of Aug. 04, 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 Horizon Oil (FRA:HOJ) Overvalued in 2026?
Based on GuruFocus' analysis, Horizon Oil stock appears to be overvalued.
The current stock price of €0.11 is trading 21.1% above its estimated GF Value™ of €0.09.
GuruFocus considers Horizon Oil to be Modestly Overvalued.
Key valuation signals for FRA:HOJ:
EV-to-EBIT: 17.70 (305% above median its 10-year median of 4.37)
GF Value™: €0.09 vs. price of €0.11 (21.1% above fair value)
Industry Position: 49.6% above the Oil & Gas median (#477 of 693)
No single metric tells the full story. See the FRA:HOJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Horizon Oil Ltd is engaged in petroleum exploration, development, and production. The company operates in three segments: China development, New Zealand development, and Australia development. It generates maximum revenue from the China development segment, which is involved in developing and producing crude oil from the Block 22/12-WZ6-12, WZ12-8W and WZ12-8E oil field developments and in the exploration and evaluation of hydrocarbons within Block 22/12. The New Zealand development segment is currently involved in developing and producing crude oil from the Maari/Manaia oil field development, and the Australia development segment is engaged in developing and producing oil and gas from the Mereenie OL4 and OL5 oil and gas fields.
51GF Score
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