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National Gas CoOGMUS:NGCI 30 EV-to-EBIT is 97.65 as of Aug. 16, 2026, which is 340% above its 10-year median of 22.17. GuruFocus rates MUS:NGCI with a GF Score™ of 30/100 and a GF Value™ of ر.ع0.09 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 461 Utilities - Regulated companies, National Gas CoOG ranks worse than 99.13% on this metric.
National Gas CoOG (MUS:NGCI) 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.
National Gas CoOG's Enterprise Value for the quarter that ended in Dec. 2025 was ر.ع21.80 Mil.
National Gas CoOG's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ر.ع0.24 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.
National Gas CoOG EV-to-EBIT Related Terms
National Gas CoOG EV-to-EBIT Historical Data
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The historical data trend for National Gas CoOG'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 Utilities - Regulated Gas subindustry, National Gas CoOG'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.
National Gas CoOG EV-to-EBIT vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, National Gas CoOG's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where National Gas CoOG's EV-to-EBIT falls into.
National Gas CoOG's current Enterprise Value is ر.ع23.24 Mil.
National Gas CoOG's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ر.ع0.24 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.
National Gas CoOG (MUS:NGCI) has a EV-to-EBIT of 97.65 as of Aug. 16, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on National Gas CoOG and its competitors. This is 340% above median its historical median of 22.17. Over the past decade, National Gas CoOG's EV-to-EBIT has ranged from 6.93 to 183.21. According to the industry distribution chart, National Gas CoOG ranks #457 out of 461 companies in the Utilities - Regulated industry, placing it in the top 99.1%.
Is National Gas CoOG's EV-to-EBIT too high?
National Gas CoOG's current EV-to-EBIT of 97.65 is 340% above median its 10-year median of 22.17. Over the past 10 years, this metric has ranged from a low of 6.93 to a high of 183.21. The Utilities - Regulated industry median EV-to-EBIT is 13.50. National Gas CoOG's value of 97.65 is 623.3% above this industry median. Based on the distribution chart, National Gas CoOG ranks #457 out of 461 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, National Gas CoOG has a GF Score™ of 30/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Gas CoOG's EV-to-EBIT compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, National Gas CoOG ranks #457 out of 461 companies for EV-to-EBIT. This places National Gas CoOG in the lower half of its industry. The industry median EV-to-EBIT is 13.50. National Gas CoOG's value of 97.65 is 623.3% above this benchmark. Historically, National Gas CoOG's own EV-to-EBIT has ranged from 6.93 to 183.21 over the past decade. While the company's 10-year median is 22.17 vs. the industry median of 13.50, National Gas CoOG 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 Utilities - Regulated company?
The median EV-to-EBIT among Utilities - Regulated companies is 13.50, based on 461 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. National Gas CoOG's current EV-to-EBIT of 97.65 is 623.3% 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 National Gas CoOG and its competitors. For the Utilities - Regulated industry, the median EV-to-EBIT is 13.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Gas CoOG's current EV-to-EBIT is 97.65, which is 340% above median its own 10-year median of 22.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Gas CoOG stock overvalued right now?
Based on GuruFocus' analysis, National Gas CoOG (MUS:NGCI) is currently considered Modestly Overvalued. The stock's GF Value™ is ر.ع0.09, compared to a current price of ر.ع0.11 — trading 20% above its estimated fair value. The current EV-to-EBIT is 97.65, which is 340% above median its 10-year median of 22.17 and 623.3% above the Utilities - Regulated industry median of 13.50. National Gas CoOG's overall GF Score™ is 30/100 with 7 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 National Gas CoOG (MUS:NGCI), the current EV-to-EBIT is 97.65 as of Aug. 16, 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 National Gas CoOG (MUS:NGCI) Overvalued in 2026?
Based on GuruFocus' analysis, National Gas CoOG stock appears to be overvalued.
The current stock price of ر.ع0.11 is trading 20% above its estimated GF Value™ of ر.ع0.09.
GuruFocus considers National Gas CoOG to be Modestly Overvalued.
Key valuation signals for MUS:NGCI:
EV-to-EBIT: 97.65 (340% above median its 10-year median of 22.17)
GF Value™: ر.ع0.09 vs. price of ر.ع0.11 (20% above fair value)
Industry Position: 623.3% above the Utilities - Regulated median (#457 of 461)
No single metric tells the full story. See the MUS:NGCI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Gas Co SAOG operates as a Liquefied Petroleum Gas filling plant. The company is engaged in the marketing, selling, and distribution of LPG. The group's only business segment is the marketing and selling of LPG. It operates a large fleet of tankers to lift bulk LPG from refineries in the Sultanate to its plants where it is bottled into cylinders in safe and controlled conditions. The company has different sizes of tankers to meet customer demand and reduce distribution costs. The company has different departments for project and design which takes care of design, engineering, procurement, installation, commissioning and testing of all projects and post-sale services.
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