NATURELGAZNAYI VE TICARET AS (IST:NTGAZ) EV-to-EBIT: 4.19 (As of Aug. 25, 2026) — 26% Below Median

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IST:NTGAZ NATURELGAZ SANAYI VE TICARET AS IST:NTGAZ
81 GF Score
Price ₺11.24
GF Value ₺9.47
Valuation Modestly Overvalued
! 3 Warning Signs
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What is NATURELGAZNAYI VE TICARET AS EV-to-EBIT?

NATURELGAZNAYI VE TICARET AS IST:NTGAZ -1.83% 81 EV-to-EBIT is 4.19 as of Aug. 25, 2026, which is 26% below its 10-year median of 5.63. GuruFocus rates IST:NTGAZ with a GF Score™ of 81/100 and a GF Value™ of ₺9.47 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 715 Oil & Gas companies, NATURELGAZNAYI VE TICARET AS ranks better than 86.29% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, NATURELGAZNAYI VE TICARET AS's Enterprise Value is ₺7,436 Mil. NATURELGAZNAYI VE TICARET AS's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₺1,775 Mil. Therefore, NATURELGAZNAYI VE TICARET AS's EV-to-EBIT for today is 4.19.

The historical rank and industry rank for NATURELGAZNAYI VE TICARET AS's EV-to-EBIT or its related term are showing as below:

IST:NTGAZ' s EV-to-EBIT Range Over the Past 10 Years
Min: 1.38   Med: 5.63   Max: 21.88
Current: 4.19

During the past 8 years, the highest EV-to-EBIT of NATURELGAZNAYI VE TICARET AS was 21.88. The lowest was 1.38. And the median was 5.63.

IST:NTGAZ's EV-to-EBIT is ranked better than
86.29% of 715 companies
in the Oil & Gas industry
Industry Median: 11.47 vs IST:NTGAZ: 4.19

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. NATURELGAZNAYI VE TICARET AS's Enterprise Value for the quarter that ended in Jun. 2026 was ₺7,539 Mil. NATURELGAZNAYI VE TICARET AS's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₺1,775 Mil. NATURELGAZNAYI VE TICARET AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 23.54%.


NATURELGAZNAYI VE TICARET AS  (IST:NTGAZ) EV-to-EBIT Explanation

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.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

NATURELGAZNAYI VE TICARET AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=1774.614/7539.292
=23.54 %

NATURELGAZNAYI VE TICARET AS's Enterprise Value for the quarter that ended in Jun. 2026 was ₺7,539 Mil.
NATURELGAZNAYI VE TICARET AS's 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 ₺1,775 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.


NATURELGAZNAYI VE TICARET AS EV-to-EBIT Related Terms


NATURELGAZNAYI VE TICARET AS EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for NATURELGAZNAYI VE TICARET AS'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.

NATURELGAZNAYI VE TICARET AS EV-to-EBIT Chart

NATURELGAZNAYI VE TICARET AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial 17.73 3.63 24.81 5.24 4.75

NATURELGAZNAYI VE TICARET AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-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 3.81 3.94 4.75 4.20 4.25

IST:NTGAZ vs WMB, EPD, KMI: EV-to-EBIT Comparison

For the Oil & Gas Midstream subindustry, NATURELGAZNAYI VE TICARET AS'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.


NATURELGAZNAYI VE TICARET AS EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NATURELGAZNAYI VE TICARET AS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where NATURELGAZNAYI VE TICARET AS's EV-to-EBIT falls into.


IST:NTGAZ
81GF Score
NATURELGAZ SANAYI VE TICARET AS IST:NTGAZ
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NATURELGAZNAYI VE TICARET AS EV-to-EBIT Calculation

NATURELGAZNAYI VE TICARET AS's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=7435.792/1774.614
=4.19

NATURELGAZNAYI VE TICARET AS's current Enterprise Value is ₺7,436 Mil.
NATURELGAZNAYI VE TICARET AS's 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 ₺1,775 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 EV-to-EBIT →
What does a EV-to-EBIT of 4.19 mean?
NATURELGAZNAYI VE TICARET AS (IST:NTGAZ) has a EV-to-EBIT of 4.19 as of Aug. 25, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on NATURELGAZNAYI VE TICARET AS and its competitors. This is 26% below median its historical median of 5.63. Over the past decade, NATURELGAZNAYI VE TICARET AS's EV-to-EBIT has ranged from 1.38 to 21.88. According to the industry distribution chart, NATURELGAZNAYI VE TICARET AS ranks #98 out of 715 companies in the Oil & Gas industry, placing it in the top 13.7%.
Is NATURELGAZNAYI VE TICARET AS's EV-to-EBIT too high?
NATURELGAZNAYI VE TICARET AS's current EV-to-EBIT of 4.19 is 26% below median its 10-year median of 5.63. Over the past 10 years, this metric has ranged from a low of 1.38 to a high of 21.88. The Oil & Gas industry median EV-to-EBIT is 11.47. NATURELGAZNAYI VE TICARET AS's value of 4.19 is 63.5% below this industry median. Based on the distribution chart, NATURELGAZNAYI VE TICARET AS ranks #98 out of 715 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, NATURELGAZNAYI VE TICARET AS has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NATURELGAZNAYI VE TICARET AS's EV-to-EBIT compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, NATURELGAZNAYI VE TICARET AS ranks #98 out of 715 companies for EV-to-EBIT. This places NATURELGAZNAYI VE TICARET AS in the top 14% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 11.47. NATURELGAZNAYI VE TICARET AS's value of 4.19 is 63.5% below this benchmark. Historically, NATURELGAZNAYI VE TICARET AS's own EV-to-EBIT has ranged from 1.38 to 21.88 over the past decade. While the company's 10-year median is 5.63 vs. the industry median of 11.47, NATURELGAZNAYI VE TICARET AS has consistently been below 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 11.47, based on 715 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. NATURELGAZNAYI VE TICARET AS's current EV-to-EBIT of 4.19 is 63.5% below 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 NATURELGAZNAYI VE TICARET AS and its competitors. For the Oil & Gas industry, the median EV-to-EBIT is 11.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NATURELGAZNAYI VE TICARET AS's current EV-to-EBIT is 4.19, which is 26% below median its own 10-year median of 5.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NATURELGAZNAYI VE TICARET AS stock overvalued right now?
Based on GuruFocus' analysis, NATURELGAZNAYI VE TICARET AS (IST:NTGAZ) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺9.47, compared to a current price of ₺11.24 — trading 18.7% above its estimated fair value. The current EV-to-EBIT is 4.19, which is 26% below median its 10-year median of 5.63 and 63.5% below the Oil & Gas industry median of 11.47. NATURELGAZNAYI VE TICARET AS's overall GF Score™ is 81/100 with 3 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 NATURELGAZNAYI VE TICARET AS (IST:NTGAZ), the current EV-to-EBIT is 4.19 as of Aug. 25, 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 NATURELGAZNAYI VE TICARET AS (IST:NTGAZ) Overvalued in 2026?

Based on GuruFocus' analysis, NATURELGAZNAYI VE TICARET AS stock appears to be overvalued. The current stock price of ₺11.24 is trading 18.7% above its estimated GF Value™ of ₺9.47. GuruFocus considers NATURELGAZNAYI VE TICARET AS to be Modestly Overvalued.

Key valuation signals for IST:NTGAZ:

  • EV-to-EBIT: 4.19 (26% below median its 10-year median of 5.63)
  • GF Value™: ₺9.47 vs. price of ₺11.24 (18.7% above fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 63.5% below the Oil & Gas median (#98 of 715)

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


NATURELGAZNAYI VE TICARET AS Business Description

Industry EnergyOil & Gas
Address Ali Kaya Street, Esentepe Neighborhood, Polat Plaza B Block No: 1/1, Interior Door No: 86, Istanbul, TUR, 34394
NATURELGAZ SANAYI VE TICARET AS activities of transmitting natural gas via CNG transport units to consumers who need natural gas but do not have access to pipelines, such as industrial establishments, factories, asphalt construction sites, hotels, and institutions requiring heating.
81GF Score

Get the complete analysis for IST:NTGAZ

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

₺11.24
Price
₺9.47
GF Value