Battalion Oil (FRA:RAQB) EV-to-EBITDA: 11.56 (As of Sep. 08, 2026) — 190% Above Median

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Founder & CEO of GuruFocus
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FRA:RAQB Battalion Oil Corp FRA:RAQB
57 GF Score
Price €1.11
GF Value €1.71
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Battalion Oil EV-to-EBITDA?

Battalion Oil FRA:RAQB +2.78% 57 EV-to-EBITDA is 11.56 as of Sep. 08, 2026, which is 190% above its 10-year median of 3.99. GuruFocus rates FRA:RAQB with a GF Score™ of 57/100 and a GF Value™ of €1.71 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 771 Oil & Gas companies, Battalion Oil ranks worse than 72.37% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Battalion Oil's enterprise value is €324.2 Mil. Battalion Oil's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €28.1 Mil. Therefore, Battalion Oil's EV-to-EBITDA for today is 11.56.

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

FRA:RAQB' s EV-to-EBITDA Range Over the Past 10 Years
Min: -14.03   Med: 3.99   Max: 265.54
Current: 11.47

During the past 13 years, the highest EV-to-EBITDA of Battalion Oil was 265.54. The lowest was -14.03. And the median was 3.99.

FRA:RAQB's EV-to-EBITDA is ranked worse than
72.37% of 771 companies
in the Oil & Gas industry
Industry Median: 7.52 vs FRA:RAQB: 11.47

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.

As of today (2026-09-08), Battalion Oil's stock price is €1.11. Battalion Oil's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €-4.347. Therefore, Battalion Oil's PE Ratio (TTM) for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Battalion Oil  (FRA:RAQB) 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.

Battalion Oil's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.11/-4.347
=At Loss

Battalion Oil's share price for today is €1.11.
Battalion Oil'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 €-4.347.

* 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).

Please read Which price ratio outperforms the enterprise multiple?


Battalion Oil EV-to-EBITDA Related Terms


Battalion Oil EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Battalion Oil'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.

Battalion Oil EV-to-EBITDA Chart

Battalion Oil Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.99 3.74 4.66 9.78 4.73

Battalion Oil Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA 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 5.04 6.90 4.73 15.90 10.59

FRA:RAQB vs BSIN, NRT, PROP: EV-to-EBITDA Comparison

For the Oil & Gas E&P subindustry, Battalion Oil'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.


Battalion Oil EV-to-EBITDA vs Oil & Gas Industry

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

* The bar in red indicates where Battalion Oil's EV-to-EBITDA falls into.


FRA:RAQB
57GF Score
Battalion Oil Corp FRA:RAQB
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Battalion Oil EV-to-EBITDA Calculation

Battalion Oil's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=324.232/28.054
=11.56

Battalion Oil's current Enterprise Value is €324.2 Mil.
Battalion Oil'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 €28.1 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 11.56 mean?
Battalion Oil (FRA:RAQB) has a EV-to-EBITDA of 11.56 as of Sep. 08, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Battalion Oil. This is 190% above median its historical median of 3.99. According to the industry distribution chart, Battalion Oil ranks #558 out of 771 companies in the Oil & Gas industry, placing it in the top 72.4%.
Is Battalion Oil's EV-to-EBITDA too high?
Battalion Oil's current EV-to-EBITDA of 11.56 is 190% above median its 10-year median of 3.99. The Oil & Gas industry median EV-to-EBITDA is 7.52. Battalion Oil's value of 11.56 is 53.7% above this industry median. Based on the distribution chart, Battalion Oil ranks #558 out of 771 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Battalion Oil has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Battalion Oil's EV-to-EBITDA compare to BSIN and NRT?
According to the Oil & Gas industry distribution chart, Battalion Oil ranks #558 out of 771 companies for EV-to-EBITDA. This places Battalion Oil in the lower half of its industry. The industry median EV-to-EBITDA is 7.52. Battalion Oil's value of 11.56 is 53.7% above this benchmark. While the company's 10-year median is 3.99 vs. the industry median of 7.52, Battalion Oil 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 7.52, 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. Battalion Oil's current EV-to-EBITDA of 11.56 is 53.7% 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 Battalion Oil. For the Oil & Gas industry, the median EV-to-EBITDA is 7.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Battalion Oil's current EV-to-EBITDA is 11.56, which is 190% above median its own 10-year median of 3.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Battalion Oil stock overvalued right now?
Based on GuruFocus' analysis, Battalion Oil (FRA:RAQB) is currently considered Possible Value Trap. The stock's GF Value™ is €1.71, compared to a current price of €1.11 — trading 35.1% below its estimated fair value. The current EV-to-EBITDA is 11.56, which is 190% above median its 10-year median of 3.99 and 53.7% above the Oil & Gas industry median of 7.52. Battalion Oil's overall GF Score™ is 57/100 with 3 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 Battalion Oil (FRA:RAQB), the current EV-to-EBITDA is 11.56 as of Sep. 08, 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 Battalion Oil (FRA:RAQB) Overvalued in 2026?

Based on GuruFocus' analysis, Battalion Oil stock appears to be undervalued. The current stock price of €1.11 is trading 35.1% below its estimated GF Value™ of €1.71. GuruFocus considers Battalion Oil to be Possible Value Trap.

Key valuation signals for FRA:RAQB:

  • EV-to-EBITDA: 11.56 (190% above median its 10-year median of 3.99)
  • GF Value™: €1.71 vs. price of €1.11 (35.1% below fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 53.7% above the Oil & Gas median (#558 of 771)

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


Battalion Oil Business Description

Industry EnergyOil & Gas
Other Exchanges BATL:USARAQB:Germany
Address 820 Gessner Road, Suite 1100, Houston, TX, USA, 77024
Battalion Oil Corp is an independent energy company focused on the acquisition, production, exploration, and development of onshore liquids-rich oil and natural gas assets in the U.S. Its properties and drilling activities are currently focused in the Delaware Basin.
57GF Score

Get the complete analysis for FRA:RAQB

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

€1.11
Price
€1.71
GF Value