BOC Kenya (NAI:BOC) EV-to-EBIT: 6.13 (As of Sep. 05, 2026) — 14% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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NAI:BOC BOC Kenya PLC NAI:BOC
66 GF Score
Price KES192.75
GF Value KES90.52
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is BOC Kenya EV-to-EBIT?

BOC Kenya NAI:BOC +0.13% 66 EV-to-EBIT is 6.13 as of Sep. 05, 2026, which is 14% above its 10-year median of 5.37. GuruFocus rates NAI:BOC with a GF Score™ of 66/100 and a GF Value™ of KES90.52 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,278 Chemicals companies, BOC Kenya ranks better than 86.15% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, BOC Kenya's Enterprise Value is KES2,721 Mil. BOC Kenya's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was KES444 Mil. Therefore, BOC Kenya's EV-to-EBIT for today is 6.13.

The historical rank and industry rank for BOC Kenya's EV-to-EBIT or its related term are showing as below:

NAI:BOC' s EV-to-EBIT Range Over the Past 10 Years
Min: 2.2   Med: 5.37   Max: 12.98
Current: 6.13

During the past 13 years, the highest EV-to-EBIT of BOC Kenya was 12.98. The lowest was 2.20. And the median was 5.37.

NAI:BOC's EV-to-EBIT is ranked better than
86.15% of 1278 companies
in the Chemicals industry
Industry Median: 16.84 vs NAI:BOC: 6.13

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. BOC Kenya's Enterprise Value for the quarter that ended in Dec. 2025 was KES1,438 Mil. BOC Kenya's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was KES444 Mil. BOC Kenya's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 30.86%.


BOC Kenya  (NAI:BOC) 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) %.

BOC Kenya's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2025 ) =EBIT / Enterprise Value (Q: Dec. 2025 )
=443.663/1437.616
=30.86 %

BOC Kenya's Enterprise Value for the quarter that ended in Dec. 2025 was KES1,438 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. BOC Kenya's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was KES444 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.


BOC Kenya EV-to-EBIT Related Terms


BOC Kenya EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for BOC Kenya'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.

BOC Kenya EV-to-EBIT Chart

BOC Kenya Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.65 5.19 3.15 3.59 3.24

BOC Kenya Semi-Annual Data
Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
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 4.65 5.19 3.15 3.59 3.24

NAI:BOC vs DOW: EV-to-EBIT Comparison

For the Chemicals subindustry, BOC Kenya'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.


BOC Kenya EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, BOC Kenya's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where BOC Kenya's EV-to-EBIT falls into.


NAI:BOC
66GF Score
BOC Kenya PLC NAI:BOC
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BOC Kenya EV-to-EBIT Calculation

BOC Kenya's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2721.471/443.663
=6.13

BOC Kenya's current Enterprise Value is KES2,721 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. BOC Kenya's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was KES444 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 6.13 mean?
BOC Kenya (NAI:BOC) has a EV-to-EBIT of 6.13 as of Sep. 05, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on BOC Kenya and its competitors. This is 14% above median its historical median of 5.37. Over the past decade, BOC Kenya's EV-to-EBIT has ranged from 2.20 to 12.98. According to the industry distribution chart, BOC Kenya ranks #177 out of 1278 companies in the Chemicals industry, placing it in the top 13.8%.
Is BOC Kenya's EV-to-EBIT too high?
BOC Kenya's current EV-to-EBIT of 6.13 is 14% above median its 10-year median of 5.37. Over the past 10 years, this metric has ranged from a low of 2.20 to a high of 12.98. The Chemicals industry median EV-to-EBIT is 16.84. BOC Kenya's value of 6.13 is 63.6% below this industry median. Based on the distribution chart, BOC Kenya ranks #177 out of 1278 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, BOC Kenya has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BOC Kenya's EV-to-EBIT compare to DOW?
According to the Chemicals industry distribution chart, BOC Kenya ranks #177 out of 1278 companies for EV-to-EBIT. This places BOC Kenya in the top 14% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 16.84. BOC Kenya's value of 6.13 is 63.6% below this benchmark. Historically, BOC Kenya's own EV-to-EBIT has ranged from 2.20 to 12.98 over the past decade. While the company's 10-year median is 5.37 vs. the industry median of 16.84, BOC Kenya 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 a Chemicals company?
The median EV-to-EBIT among Chemicals companies is 16.84, based on 1,278 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. BOC Kenya's current EV-to-EBIT of 6.13 is 63.6% 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 BOC Kenya and its competitors. For the Chemicals industry, the median EV-to-EBIT is 16.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BOC Kenya's current EV-to-EBIT is 6.13, which is 14% above median its own 10-year median of 5.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BOC Kenya stock overvalued right now?
Based on GuruFocus' analysis, BOC Kenya (NAI:BOC) is currently considered Significantly Overvalued. The stock's GF Value™ is KES90.52, compared to a current price of KES192.75 — trading 112.9% above its estimated fair value. The current EV-to-EBIT is 6.13, which is 14% above median its 10-year median of 5.37 and 63.6% below the Chemicals industry median of 16.84. BOC Kenya's overall GF Score™ is 66/100 with 4 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 BOC Kenya (NAI:BOC), the current EV-to-EBIT is 6.13 as of Sep. 05, 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 BOC Kenya (NAI:BOC) Overvalued in 2026?

Based on GuruFocus' analysis, BOC Kenya stock appears to be overvalued. The current stock price of KES192.75 is trading 112.9% above its estimated GF Value™ of KES90.52. GuruFocus considers BOC Kenya to be Significantly Overvalued.

Key valuation signals for NAI:BOC:

  • EV-to-EBIT: 6.13 (14% above median its 10-year median of 5.37)
  • GF Value™: KES90.52 vs. price of KES192.75 (112.9% above fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 63.6% below the Chemicals median (#177 of 1278)

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


BOC Kenya Business Description

Address 14 Kitui Road, off Kampala Road, P.O. Box 18010, Industrial Area, Nairobi, KEN, 00500
BOC Kenya PLC is involved in the manufacture and sale of industrial and medical gases and welding products. Its product range consists of Bulk gases, Packaged gases, and Engineering services. Bulk gases include liquid oxygen and liquid nitrogen. Packaged gases comprise medical gases, industrial gases, special gas mixtures, and liquefied petroleum gas. The engineering services include supplies of medical equipment, construction of medical and other gas pipelines, liquefied petroleum gas installations, tanks and pipelines, industrial gas storage and pipeline installations, and related maintenance services. The company generates the majority of its revenue from the sale of medical and industrial gases.
66GF Score

Get the complete analysis for NAI:BOC

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

KES192.75
Price
KES90.52
GF Value