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AltaGasTSX:ALA -0.77%67 EV-to-EBIT is 20.75 as of Aug. 11, 2026, which is 9% above its 10-year median of 19.01. GuruFocus rates TSX:ALA with a GF Score™ of 67/100 and a GF Value™ of C$36.49 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 702 Oil & Gas companies, AltaGas ranks worse than 77.35% on this metric.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, AltaGas's Enterprise Value is C$28,053 Mil.
AltaGas's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was C$1,352 Mil. Therefore, AltaGas's EV-to-EBIT for today is 20.75.
The historical rank and industry rank for AltaGas's EV-to-EBIT or its related term are showing as below:
TSX:ALA'
s EV-to-EBIT Range Over the Past 10 Years
Min: -41.36 Med: 19.01 Max: 42.59
Current: 20.75
During the past 13 years, the highest EV-to-EBIT of AltaGas was 42.59. The lowest was -41.36. And the median was 19.01.
TSX:ALA's EV-to-EBIT is ranked worse than 77.35% of 702
companies
in the Oil & Gas industry
Industry Median: 11.54
vs TSX:ALA: 20.75
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.
AltaGas's Enterprise Value for the quarter that ended in Jun. 2026 was C$27,927 Mil.
AltaGas'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 C$1,352 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.
AltaGas EV-to-EBIT Related Terms
AltaGas EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for AltaGas'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 Midstream subindustry, AltaGas'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.
AltaGas EV-to-EBIT vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, AltaGas's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where AltaGas's EV-to-EBIT falls into.
AltaGas's current Enterprise Value is C$28,053 Mil.
AltaGas'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 C$1,352 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.
AltaGas (TSX:ALA) has a EV-to-EBIT of 20.75 as of Aug. 11, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on AltaGas and its competitors. This is near median its historical median of 19.01. According to the industry distribution chart, AltaGas ranks #543 out of 702 companies in the Oil & Gas industry, placing it in the top 77.4%.
Is AltaGas' EV-to-EBIT too high?
AltaGas' current EV-to-EBIT of 20.75 is near median its 10-year median of 19.01. The Oil & Gas industry median EV-to-EBIT is 11.54. AltaGas' value of 20.75 is 79.8% above this industry median. Based on the distribution chart, AltaGas ranks #543 out of 702 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, AltaGas has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AltaGas' EV-to-EBIT compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, AltaGas ranks #543 out of 702 companies for EV-to-EBIT. This places AltaGas in the lower half of its industry. The industry median EV-to-EBIT is 11.54. AltaGas' value of 20.75 is 79.8% above this benchmark. While the company's 10-year median is 19.01 vs. the industry median of 11.54, AltaGas 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 11.54, based on 702 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. AltaGas's current EV-to-EBIT of 20.75 is 79.8% 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 AltaGas and its competitors. For the Oil & Gas industry, the median EV-to-EBIT is 11.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AltaGas's current EV-to-EBIT is 20.75, which is near median its own 10-year median of 19.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AltaGas stock overvalued right now?
Based on GuruFocus' analysis, AltaGas (TSX:ALA) is currently considered Significantly Overvalued. The stock's GF Value™ is C$36.49, compared to a current price of C$52.79 — trading 44.7% above its estimated fair value. The current EV-to-EBIT is 20.75, which is near median its 10-year median of 19.01 and 79.8% above the Oil & Gas industry median of 11.54. AltaGas' overall GF Score™ is 67/100 with 12 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 AltaGas (TSX:ALA), the current EV-to-EBIT is 20.75 as of Aug. 11, 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 AltaGas (TSX:ALA) Overvalued in 2026?
Based on GuruFocus' analysis, AltaGas stock appears to be overvalued.
The current stock price of C$52.79 is trading 44.7% above its estimated GF Value™ of C$36.49.
GuruFocus considers AltaGas to be Significantly Overvalued.
Key valuation signals for TSX:ALA:
EV-to-EBIT: 20.75 (near median its 10-year median of 19.01)
GF Value™: C$36.49 vs. price of C$52.79 (44.7% above fair value)
Industry Position: 79.8% above the Oil & Gas median (#543 of 702)
No single metric tells the full story. See the TSX:ALA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AltaGas Ltd is a North American energy infrastructure company that connects customers and markets to energy sources. AltaGas has three reporting segments: Utilities, Midstream, and Corporate/Other. The majority of its revenue is generated from the Midstream segment, which operates a North American energy platform that moves natural gas and LPGs from the wellhead to markets. It exports propane and butane to Asia through its LPG terminals, and runs natural gas gathering, processing, fractionation, liquids handling, and storage infrastructure. The segment also includes its natural gas and natural gas liquids (NGLs) marketing business, domestic logistics, trucking and rail terminals, and liquid and natural gas storage capability. Geographically, the firm derives its key revenue from the U.S.
67GF Score
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