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Meren EnergyTSX:MER -0.50%35 EV-to-EBIT is 819.04 as of Aug. 10, 2026, which is 10850% above its 10-year median of 7.48. GuruFocus rates TSX:MER with a GF Score™ of 35/100. The stock has 5 warning signs investors should review. Among 702 Oil & Gas companies, Meren Energy ranks worse than 99.43% 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.
Meren Energy's Enterprise Value for the quarter that ended in Mar. 2026 was C$1,940.6 Mil.
Meren Energy's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$2.0 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.
Meren Energy EV-to-EBIT Related Terms
Meren Energy EV-to-EBIT Historical Data
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The historical data trend for Meren Energy'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, Meren Energy'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.
Meren Energy EV-to-EBIT vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Meren Energy's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Meren Energy's EV-to-EBIT falls into.
Meren Energy's current Enterprise Value is C$1,656.1 Mil.
Meren Energy's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$2.0 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.
Meren Energy (TSX:MER) has a EV-to-EBIT of 819.04 as of Aug. 10, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Meren Energy and its competitors. This is 10850% above median its historical median of 7.48. According to the industry distribution chart, Meren Energy ranks #698 out of 702 companies in the Oil & Gas industry, placing it in the top 99.4%.
Is Meren Energy's EV-to-EBIT too high?
Meren Energy's current EV-to-EBIT of 819.04 is 10850% above median its 10-year median of 7.48. The Oil & Gas industry median EV-to-EBIT is 11.45. Meren Energy's value of 819.04 is 7056.3% above this industry median. Based on the distribution chart, Meren Energy ranks #698 out of 702 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Meren Energy has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Meren Energy's EV-to-EBIT compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Meren Energy ranks #698 out of 702 companies for EV-to-EBIT. This places Meren Energy in the lower half of its industry. The industry median EV-to-EBIT is 11.45. Meren Energy's value of 819.04 is 7056.3% above this benchmark. While the company's 10-year median is 7.48 vs. the industry median of 11.45, Meren Energy 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 11.45, 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. Meren Energy's current EV-to-EBIT of 819.04 is 7056.3% 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 Meren Energy and its competitors. For the Oil & Gas industry, the median EV-to-EBIT is 11.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meren Energy's current EV-to-EBIT is 819.04, which is 10850% above median its own 10-year median of 7.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meren Energy stock overvalued right now?
Meren Energy (TSX:MER) has a current EV-to-EBIT of 819.04. The current EV-to-EBIT is 819.04, which is 10850% above median its 10-year median of 7.48 and 7056.3% above the Oil & Gas industry median of 11.45. Meren Energy's overall GF Score™ is 35/100 with 5 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 Meren Energy (TSX:MER), the current EV-to-EBIT is 819.04 as of Aug. 10, 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.
Meren Energy Inc is an Independent upstream oil and gas company with interests offshore Nigeria, Namibia, South Africa, and Equatorial Guinea. The development assets of the company are in deepwater Nigeria operated by Majors. The Company holds a forward position in the Orange Basin, including its interest in the Venus light oil project, offshore Namibia, and its direct interest in Block 3B/4B, offshore South Africa.
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