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Clean Energy FuelsCLNE -0.62%61 EV-to-EBITDA is 256.21 as of Aug. 21, 2026, which is 5763% above its 10-year median of 4.37. GuruFocus rates CLNE with a GF Score™ of 61/100 and a GF Value™ of $2.81 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 771 Oil & Gas companies, Clean Energy Fuels ranks worse than 99.22% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Clean Energy Fuels's enterprise value is $542.6 Mil.
Clean Energy Fuels's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $2.1 Mil. Therefore, Clean Energy Fuels's EV-to-EBITDA for today is 256.21.
The historical rank and industry rank for Clean Energy Fuels's EV-to-EBITDA or its related term are showing as below:
CLNE'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -416.56 Med: 4.37 Max: 772.15
Current: 256.21
During the past 13 years, the highest EV-to-EBITDA of Clean Energy Fuels was 772.15. The lowest was -416.56. And the median was 4.37.
CLNE's EV-to-EBITDA is ranked worse than 99.22% of 771
companies
in the Oil & Gas industry
Industry Median: 7.67
vs CLNE: 256.21
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Clean Energy Fuels (NAS:CLNE) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Clean Energy Fuels's PE Ratio (TTM) for today is calculated as:
Clean Energy Fuels's share price for today is $1.60.
Clean Energy Fuels's Earnings per Share (Diluted) 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 $-0.440.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Clean Energy Fuels's EV-to-EBITDA 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 Refining & Marketing subindustry, Clean Energy Fuels's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.
Clean Energy Fuels EV-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Clean Energy Fuels's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Clean Energy Fuels's EV-to-EBITDA falls into.
Clean Energy Fuels's current Enterprise Value is $542.6 Mil.
Clean Energy Fuels's EBITDA 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 $2.1 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.
Clean Energy Fuels (CLNE) has a EV-to-EBITDA of 256.21 as of Aug. 21, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Clean Energy Fuels. This is 5763% above median its historical median of 4.37. According to the industry distribution chart, Clean Energy Fuels ranks #765 out of 771 companies in the Oil & Gas industry, placing it in the top 99.2%.
Is Clean Energy Fuels' EV-to-EBITDA too high?
Clean Energy Fuels' current EV-to-EBITDA of 256.21 is 5763% above median its 10-year median of 4.37. The Oil & Gas industry median EV-to-EBITDA is 7.67. Clean Energy Fuels' value of 256.21 is 3240.4% above this industry median. Based on the distribution chart, Clean Energy Fuels ranks #765 out of 771 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Clean Energy Fuels has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Clean Energy Fuels' EV-to-EBITDA compare to SGU and FGPR?
According to the Oil & Gas industry distribution chart, Clean Energy Fuels ranks #765 out of 771 companies for EV-to-EBITDA. This places Clean Energy Fuels in the lower half of its industry. The industry median EV-to-EBITDA is 7.67. Clean Energy Fuels' value of 256.21 is 3240.4% above this benchmark. While the company's 10-year median is 4.37 vs. the industry median of 7.67, Clean Energy Fuels 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-EBITDA for an Oil & Gas company?
The median EV-to-EBITDA among Oil & Gas companies is 7.67, based on 771 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Clean Energy Fuels's current EV-to-EBITDA of 256.21 is 3240.4% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Clean Energy Fuels. For the Oil & Gas industry, the median EV-to-EBITDA is 7.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clean Energy Fuels's current EV-to-EBITDA is 256.21, which is 5763% above median its own 10-year median of 4.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clean Energy Fuels stock overvalued right now?
Based on GuruFocus' analysis, Clean Energy Fuels (CLNE) is currently considered Possible Value Trap. The stock's GF Value™ is $2.81, compared to a current price of $1.60 — trading 43.1% below its estimated fair value. The current EV-to-EBITDA is 256.21, which is 5763% above median its 10-year median of 4.37 and 3240.4% above the Oil & Gas industry median of 7.67. Clean Energy Fuels' overall GF Score™ is 61/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Clean Energy Fuels (CLNE), the current EV-to-EBITDA is 256.21 as of Aug. 21, 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 Clean Energy Fuels (CLNE) Overvalued in 2026?
Based on GuruFocus' analysis, Clean Energy Fuels stock appears to be undervalued.
The current stock price of $1.60 is trading 43.1% below its estimated GF Value™ of $2.81.
GuruFocus considers Clean Energy Fuels to be Possible Value Trap.
Key valuation signals for CLNE:
EV-to-EBITDA: 256.21 (5763% above median its 10-year median of 4.37)
GF Value™: $2.81 vs. price of $1.60 (43.1% below fair value)
Industry Position: 3240.4% above the Oil & Gas median (#765 of 771)
No single metric tells the full story. See the CLNE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Clean Energy Fuels Corp is a natural gas marketer and retailer operating in the United States and Canada. The company supplies compressed natural gas and liquefied natural gas for the United States (U.S.) and Canadian transportation markets. The majority of revenue is generated within the U.S. and mostly consists of compressed natural gas. The firm operates by purchasing natural gas from local utilities; compressing, cooling, or liquefying it at company-owned plants; and selling natural gas products through company-owned or customer-owned fueling stations. It also builds, operates, and maintains natural gas fueling stations for customers.
61GF Score
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