UGP (Ultrapar Participacoes) EV-to-EBIT: 7.20 (As of Jul. 26, 2026) — 14% Below Median

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UGP Ultrapar Participacoes SA UGP
75 GF Score
Price $6.43
GF Value $4.66
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Ultrapar Participacoes EV-to-EBIT?

Ultrapar Participacoes UGP -1.98% 75 EV-to-EBIT is 7.20 as of Jul. 26, 2026, which is 14% below its 10-year median of 8.36. GuruFocus rates UGP with a GF Score™ of 75/100 and a GF Value™ of $4.66 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 691 Oil & Gas companies, Ultrapar Participacoes ranks better than 75.69% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ultrapar Participacoes's Enterprise Value is $10,021 Mil. Ultrapar Participacoes's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $1,392 Mil. Therefore, Ultrapar Participacoes's EV-to-EBIT for today is 7.20.

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

UGP' s EV-to-EBIT Range Over the Past 10 Years
Min: 5.32   Med: 8.36   Max: 18.95
Current: 6.79

During the past 13 years, the highest EV-to-EBIT of Ultrapar Participacoes was 18.95. The lowest was 5.32. And the median was 8.36.

UGP's EV-to-EBIT is ranked better than
75.69% of 691 companies
in the Oil & Gas industry
Industry Median: 11.81 vs UGP: 6.79

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ultrapar Participacoes's Enterprise Value for the quarter that ended in Mar. 2026 was $8,949 Mil. Ultrapar Participacoes's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $1,392 Mil. Ultrapar Participacoes's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.55%.


Ultrapar Participacoes  (NYSE:UGP) 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) %.

Ultrapar Participacoes's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=1391.675/8948.98317
=15.55 %

Ultrapar Participacoes's Enterprise Value for the quarter that ended in Mar. 2026 was $8,949 Mil.
Ultrapar Participacoes'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 $1,392 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.


Ultrapar Participacoes EV-to-EBIT Related Terms


Ultrapar Participacoes EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Ultrapar Participacoes'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.

Ultrapar Participacoes EV-to-EBIT Chart

Ultrapar Participacoes 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 16.32 6.14 7.01 5.35 6.30

Ultrapar Participacoes Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.72 5.53 5.76 6.30 6.22

UGP vs VLO, MPC, PSX: EV-to-EBIT Comparison

For the Oil & Gas Refining & Marketing subindustry, Ultrapar Participacoes'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.


Ultrapar Participacoes EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ultrapar Participacoes's EV-to-EBIT distribution charts can be found below:

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


UGP
75GF Score
Ultrapar Participacoes SA UGP
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ultrapar Participacoes EV-to-EBIT Calculation

Ultrapar Participacoes's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=10020.533/1391.675
=7.20

Ultrapar Participacoes's current Enterprise Value is $10,021 Mil.
Ultrapar Participacoes'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 $1,392 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 7.20 mean?
Ultrapar Participacoes (UGP) has a EV-to-EBIT of 7.20 as of Jul. 26, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Ultrapar Participacoes and its competitors. This is 14% below median its historical median of 8.36. Over the past decade, Ultrapar Participacoes' EV-to-EBIT has ranged from 5.32 to 18.95. According to the industry distribution chart, Ultrapar Participacoes ranks #168 out of 691 companies in the Oil & Gas industry, placing it in the top 24.3%.
Is Ultrapar Participacoes' EV-to-EBIT too high?
Ultrapar Participacoes' current EV-to-EBIT of 7.20 is 14% below median its 10-year median of 8.36. Over the past 10 years, this metric has ranged from a low of 5.32 to a high of 18.95. The Oil & Gas industry median EV-to-EBIT is 11.81. Ultrapar Participacoes' value of 7.20 is 39% below this industry median. Based on the distribution chart, Ultrapar Participacoes ranks #168 out of 691 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Ultrapar Participacoes has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ultrapar Participacoes' EV-to-EBIT compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Ultrapar Participacoes ranks #168 out of 691 companies for EV-to-EBIT. This places Ultrapar Participacoes in the top 24% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 11.81. Ultrapar Participacoes' value of 7.20 is 39% below this benchmark. Historically, Ultrapar Participacoes' own EV-to-EBIT has ranged from 5.32 to 18.95 over the past decade. While the company's 10-year median is 8.36 vs. the industry median of 11.81, Ultrapar Participacoes 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 11.81, based on 691 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. Ultrapar Participacoes's current EV-to-EBIT of 7.20 is 39% 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 Ultrapar Participacoes and its competitors. For the Oil & Gas industry, the median EV-to-EBIT is 11.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultrapar Participacoes's current EV-to-EBIT is 7.20, which is 14% below median its own 10-year median of 8.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultrapar Participacoes stock overvalued right now?
Based on GuruFocus' analysis, Ultrapar Participacoes (UGP) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.66, compared to a current price of $6.43 — trading 38% above its estimated fair value. The current EV-to-EBIT is 7.20, which is 14% below median its 10-year median of 8.36 and 39% below the Oil & Gas industry median of 11.81. Ultrapar Participacoes' overall GF Score™ is 75/100 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 Ultrapar Participacoes (UGP), the current EV-to-EBIT is 7.20 as of Jul. 26, 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 Ultrapar Participacoes (UGP) Overvalued in 2026?

Based on GuruFocus' analysis, Ultrapar Participacoes stock appears to be overvalued. The current stock price of $6.43 is trading 38% above its estimated GF Value™ of $4.66. GuruFocus considers Ultrapar Participacoes to be Significantly Overvalued.

Key valuation signals for UGP:

  • EV-to-EBIT: 7.20 (14% below median its 10-year median of 8.36)
  • GF Value™: $4.66 vs. price of $6.43 (38% above fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 39% below the Oil & Gas median (#168 of 691)

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


Ultrapar Participacoes Business Description

Industry EnergyOil & Gas
Address Brigadeiro Luis Antonio Avenue, 1343, 9th Floor, Sao Paulo, SP, BRA, 01317-910
Ultrapar Participacoes SA engages in the investment of its own capital in services, commercial, and industrial activities, through the subscription or acquisition of shares of other companies. The company's business segments include: i) Ultragaz distributes LPG in the segments: bulk, comprising condominiums, trade, services, industries, and agribusiness; and bottled, mainly comprising residential consumers. ii) Ipiranga, the majority revenue generating segment, engages in the distribution and sale of oil-related products to service stations that operate under the Ipiranga brand throughout Brazil. iii) Ultracargo operates in specialized liquid bulk storage solutions in the main logistics centers. iv) Hidrovias: operates in logistics solutions and waterway and multimodal infrastructure.
75GF Score

Get the complete analysis for UGP

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

$6.43
Price
$4.66
GF Value