Ghana Oil Co (XGHA:GOIL) EV-to-EBIT: 15.25 (As of Aug. 15, 2026) — 158% Above Median

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XGHA:GOIL Ghana Oil Co Ltd XGHA:GOIL
74 GF Score
Price GHS7.93
GF Value GHS1.56
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Ghana Oil Co EV-to-EBIT?

Ghana Oil Co XGHA:GOIL 74 EV-to-EBIT is 15.25 as of Aug. 15, 2026, which is 158% above its 10-year median of 5.90. GuruFocus rates XGHA:GOIL with a GF Score™ of 74/100 and a GF Value™ of GHS1.56 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 707 Oil & Gas companies, Ghana Oil Co ranks worse than 67.04% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ghana Oil Co's Enterprise Value is GHS3,619 Mil. Ghana Oil Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was GHS237 Mil. Therefore, Ghana Oil Co's EV-to-EBIT for today is 15.25.

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

XGHA:GOIL' s EV-to-EBIT Range Over the Past 10 Years
Min: 2.02   Med: 5.9   Max: 21.9
Current: 15.25

During the past 13 years, the highest EV-to-EBIT of Ghana Oil Co was 21.90. The lowest was 2.02. And the median was 5.90.

XGHA:GOIL's EV-to-EBIT is ranked worse than
67.04% of 707 companies
in the Oil & Gas industry
Industry Median: 11.53 vs XGHA:GOIL: 15.25

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ghana Oil Co's Enterprise Value for the quarter that ended in Dec. 2025 was GHS1,672 Mil. Ghana Oil Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was GHS237 Mil. Ghana Oil Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 14.20%.


Ghana Oil Co  (XGHA:GOIL) 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) %.

Ghana Oil Co'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 )
=237.304/1671.52448
=14.20 %

Ghana Oil Co's Enterprise Value for the quarter that ended in Dec. 2025 was GHS1,672 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ghana Oil Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was GHS237 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.


Ghana Oil Co EV-to-EBIT Related Terms


Ghana Oil Co EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Ghana Oil Co'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.

Ghana Oil Co EV-to-EBIT Chart

Ghana Oil Co 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 5.35 2.50 4.33 6.52 7.04

Ghana Oil Co Semi-Annual Data
Dec09 Dec10 Dec11 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 Premium Member Only Premium Member Only Premium Member Only 5.35 2.50 4.33 6.52 7.04

XGHA:GOIL vs MPC, VLO, PSX: EV-to-EBIT Comparison

For the Oil & Gas Refining & Marketing subindustry, Ghana Oil Co'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.


Ghana Oil Co EV-to-EBIT vs Oil & Gas Industry

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

* The bar in red indicates where Ghana Oil Co's EV-to-EBIT falls into.


XGHA:GOIL
74GF Score
Ghana Oil Co Ltd XGHA:GOIL
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ghana Oil Co EV-to-EBIT Calculation

Ghana Oil Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3619.085/237.304
=15.25

Ghana Oil Co's current Enterprise Value is GHS3,619 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ghana Oil Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was GHS237 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 15.25 mean?
Ghana Oil Co (XGHA:GOIL) has a EV-to-EBIT of 15.25 as of Aug. 15, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Ghana Oil Co and its competitors. This is 158% above median its historical median of 5.90. Over the past decade, Ghana Oil Co's EV-to-EBIT has ranged from 2.02 to 21.90. According to the industry distribution chart, Ghana Oil Co ranks #474 out of 707 companies in the Oil & Gas industry, placing it in the top 67%.
Is Ghana Oil Co's EV-to-EBIT too high?
Ghana Oil Co's current EV-to-EBIT of 15.25 is 158% above median its 10-year median of 5.90. Over the past 10 years, this metric has ranged from a low of 2.02 to a high of 21.90. The Oil & Gas industry median EV-to-EBIT is 11.53. Ghana Oil Co's value of 15.25 is 32.3% above this industry median. Based on the distribution chart, Ghana Oil Co ranks #474 out of 707 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Ghana Oil Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ghana Oil Co's EV-to-EBIT compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Ghana Oil Co ranks #474 out of 707 companies for EV-to-EBIT. This places Ghana Oil Co in the lower half of its industry. The industry median EV-to-EBIT is 11.53. Ghana Oil Co's value of 15.25 is 32.3% above this benchmark. Historically, Ghana Oil Co's own EV-to-EBIT has ranged from 2.02 to 21.90 over the past decade. While the company's 10-year median is 5.90 vs. the industry median of 11.53, Ghana Oil Co 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 11.53, based on 707 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. Ghana Oil Co's current EV-to-EBIT of 15.25 is 32.3% 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 Ghana Oil Co and its competitors. For the Oil & Gas industry, the median EV-to-EBIT is 11.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ghana Oil Co's current EV-to-EBIT is 15.25, which is 158% above median its own 10-year median of 5.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ghana Oil Co stock overvalued right now?
Based on GuruFocus' analysis, Ghana Oil Co (XGHA:GOIL) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS1.56, compared to a current price of GHS7.93 — trading 408.3% above its estimated fair value. The current EV-to-EBIT is 15.25, which is 158% above median its 10-year median of 5.90 and 32.3% above the Oil & Gas industry median of 11.53. Ghana Oil Co's overall GF Score™ is 74/100 with 10 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 Ghana Oil Co (XGHA:GOIL), the current EV-to-EBIT is 15.25 as of Aug. 15, 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 Ghana Oil Co (XGHA:GOIL) Overvalued in 2026?

Based on GuruFocus' analysis, Ghana Oil Co stock appears to be overvalued. The current stock price of GHS7.93 is trading 408.3% above its estimated GF Value™ of GHS1.56. GuruFocus considers Ghana Oil Co to be Significantly Overvalued.

Key valuation signals for XGHA:GOIL:

  • EV-to-EBIT: 15.25 (158% above median its 10-year median of 5.90)
  • GF Value™: GHS1.56 vs. price of GHS7.93 (408.3% above fair value)
  • GF Score™: 74/100 with 10 warning signs
  • Industry Position: 32.3% above the Oil & Gas median (#474 of 707)

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


Ghana Oil Co Business Description

Industry EnergyOil & Gas
Address Junction of Kojo Thompson and Adjabeng Roads, House Number D659/4, P. O. Box GP 3183, Adabraka, Accra, GHA
Ghana Oil Co Ltd (GOIL) is engaged in the marketing and distribution of petroleum products. Its objective is to market petroleum and related products, particularly fuels, liquefied petroleum gas (LPG), lubricants, bitumen, and specialty products in Ghana. The company is engaged in the business of marketing quality petroleum and other energy products and services in all its branches in a healthy, safe, environmentally friendly, and socially responsible manner.
74GF Score

Get the complete analysis for XGHA:GOIL

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

GHS7.93
Price
GHS1.56
GF Value