Mari Energies (KAR:MARI) EV-to-EBITDA: 8.38 (As of Aug. 28, 2026) — 115% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KAR:MARI Mari Energies Ltd KAR:MARI
100 GF Score
Price ₨664.30
GF Value ₨534.49
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Mari Energies EV-to-EBITDA?

Mari Energies KAR:MARI -0.56% 100 EV-to-EBITDA is 8.38 as of Aug. 28, 2026, which is 115% above its 10-year median of 3.90. GuruFocus rates KAR:MARI with a GF Score™ of 100/100 and a GF Value™ of ₨534.49 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 771 Oil & Gas companies, Mari Energies ranks worse than 56.81% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Mari Energies's enterprise value is ₨752,032 Mil. Mari Energies's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₨89,691 Mil. Therefore, Mari Energies's EV-to-EBITDA for today is 8.38.

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

KAR:MARI' s EV-to-EBITDA Range Over the Past 10 Years
Min: 1.48   Med: 3.9   Max: 16.75
Current: 8.39

During the past 13 years, the highest EV-to-EBITDA of Mari Energies was 16.75. The lowest was 1.48. And the median was 3.90.

KAR:MARI's EV-to-EBITDA is ranked worse than
56.81% of 771 companies
in the Oil & Gas industry
Industry Median: 7.48 vs KAR:MARI: 8.39

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 (2026-08-28), Mari Energies's stock price is ₨664.30. Mari Energies's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₨56.990. Therefore, Mari Energies's PE Ratio (TTM) for today is 11.66.

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


Mari Energies  (KAR:MARI) 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.

Mari Energies's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=664.30/56.990
=11.66

Mari Energies's share price for today is ₨664.30.
Mari Energies's Earnings per Share (Diluted) 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 ₨56.990.

* 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?


Mari Energies EV-to-EBITDA Related Terms


Mari Energies EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Mari Energies'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.

Mari Energies EV-to-EBITDA Chart

Mari Energies Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.45 3.60 1.84 2.54 7.32

Mari Energies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 7.32 7.32 9.68 8.87 7.90

KAR:MARI vs COP, EOG, FANG: EV-to-EBITDA Comparison

For the Oil & Gas E&P subindustry, Mari Energies'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.


Mari Energies EV-to-EBITDA vs Oil & Gas Industry

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

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


KAR:MARI
100GF Score
Mari Energies Ltd KAR:MARI
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mari Energies EV-to-EBITDA Calculation

Mari Energies's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=752031.859/89691.382
=8.38

Mari Energies's current Enterprise Value is ₨752,032 Mil.
Mari Energies's EBITDA 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 ₨89,691 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 8.38 mean?
Mari Energies (KAR:MARI) has a EV-to-EBITDA of 8.38 as of Aug. 28, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Mari Energies. This is 115% above median its historical median of 3.90. Over the past decade, Mari Energies' EV-to-EBITDA has ranged from 1.48 to 16.75. According to the industry distribution chart, Mari Energies ranks #438 out of 771 companies in the Oil & Gas industry, placing it in the top 56.8%.
Is Mari Energies' EV-to-EBITDA too high?
Mari Energies' current EV-to-EBITDA of 8.38 is 115% above median its 10-year median of 3.90. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 16.75. The Oil & Gas industry median EV-to-EBITDA is 7.48. Mari Energies' value of 8.38 is 12% above this industry median. Based on the distribution chart, Mari Energies ranks #438 out of 771 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Mari Energies has a GF Score™ of 100/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mari Energies' EV-to-EBITDA compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Mari Energies ranks #438 out of 771 companies for EV-to-EBITDA. This places Mari Energies in the lower half of its industry. The industry median EV-to-EBITDA is 7.48. Mari Energies' value of 8.38 is 12% above this benchmark. Historically, Mari Energies' own EV-to-EBITDA has ranged from 1.48 to 16.75 over the past decade. While the company's 10-year median is 3.90 vs. the industry median of 7.48, Mari Energies 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 7.48, 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. Mari Energies's current EV-to-EBITDA of 8.38 is 12% 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 Mari Energies. For the Oil & Gas industry, the median EV-to-EBITDA is 7.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mari Energies's current EV-to-EBITDA is 8.38, which is 115% above median its own 10-year median of 3.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mari Energies stock overvalued right now?
Based on GuruFocus' analysis, Mari Energies (KAR:MARI) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨534.49, compared to a current price of ₨664.30 — trading 24.3% above its estimated fair value. The current EV-to-EBITDA is 8.38, which is 115% above median its 10-year median of 3.90 and 12% above the Oil & Gas industry median of 7.48. Mari Energies' overall GF Score™ is 100/100 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 Mari Energies (KAR:MARI), the current EV-to-EBITDA is 8.38 as of Aug. 28, 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 Mari Energies (KAR:MARI) Overvalued in 2026?

Based on GuruFocus' analysis, Mari Energies stock appears to be overvalued. The current stock price of ₨664.30 is trading 24.3% above its estimated GF Value™ of ₨534.49. GuruFocus considers Mari Energies to be Modestly Overvalued.

Key valuation signals for KAR:MARI:

  • EV-to-EBITDA: 8.38 (115% above median its 10-year median of 3.90)
  • GF Value™: ₨534.49 vs. price of ₨664.30 (24.3% above fair value)
  • GF Score™: 100/100 with 4 warning signs
  • Industry Position: 12% above the Oil & Gas median (#438 of 771)

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


Mari Energies Business Description

Industry EnergyOil & Gas
Address 21, Mauve Area, 3rd Road, G-10/4, P.O. Box 1614, Islamabad, PB, PAK, 44000
Mari Energies Ltd, through its Holding Company, is principally engaged in exploration, production, and sale of hydrocarbons. Additionally, the Group, through its subsidiaries, is principally engaged in mineral mining activities and the establishment and running of data centers, cloud computing, artificial intelligence, and other new technologies.
100GF Score

Get the complete analysis for KAR:MARI

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

₨664.30
Price
₨534.49
GF Value