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National Gas CoOGMUS:NGCI -2.78%30 EV-to-EBITDA is 7.26 as of Aug. 18, 2026, which is 20% above its 10-year median of 6.05. GuruFocus rates MUS:NGCI with a GF Score™ of 30/100 and a GF Value™ of ر.ع0.09 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 466 Utilities - Regulated companies, National Gas CoOG ranks better than 68.88% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, National Gas CoOG's enterprise value is ر.ع22.99 Mil.
National Gas CoOG's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was ر.ع3.17 Mil. Therefore, National Gas CoOG's EV-to-EBITDA for today is 7.26.
The historical rank and industry rank for National Gas CoOG's EV-to-EBITDA or its related term are showing as below:
MUS:NGCI'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.89 Med: 6.05 Max: 10.41
Current: 7.26
During the past 13 years, the highest EV-to-EBITDA of National Gas CoOG was 10.41. The lowest was 3.89. And the median was 6.05.
MUS:NGCI's EV-to-EBITDA is ranked better than 68.88% of 466
companies
in the Utilities - Regulated industry
Industry Median: 9.83
vs MUS:NGCI: 7.26
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.
National Gas CoOG (MUS:NGCI) 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.
National Gas CoOG's PE Ratio (TTM) for today is calculated as:
National Gas CoOG's share price for today is ر.ع0.105.
National Gas CoOG's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ر.ع-0.009.
* 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 National Gas CoOG'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 Utilities - Regulated Gas subindustry, National Gas CoOG'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.
National Gas CoOG EV-to-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, National Gas CoOG's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where National Gas CoOG's EV-to-EBITDA falls into.
National Gas CoOG's current Enterprise Value is ر.ع22.99 Mil.
National Gas CoOG's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ر.ع3.17 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.
National Gas CoOG (MUS:NGCI) has a EV-to-EBITDA of 7.26 as of Aug. 18, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on National Gas CoOG. This is 20% above median its historical median of 6.05. Over the past decade, National Gas CoOG's EV-to-EBITDA has ranged from 3.89 to 10.41. According to the industry distribution chart, National Gas CoOG ranks #145 out of 466 companies in the Utilities - Regulated industry, placing it in the top 31.1%.
Is National Gas CoOG's EV-to-EBITDA too high?
National Gas CoOG's current EV-to-EBITDA of 7.26 is 20% above median its 10-year median of 6.05. Over the past 10 years, this metric has ranged from a low of 3.89 to a high of 10.41. The Utilities - Regulated industry median EV-to-EBITDA is 9.83. National Gas CoOG's value of 7.26 is 26.1% below this industry median. Based on the distribution chart, National Gas CoOG ranks #145 out of 466 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, National Gas CoOG has a GF Score™ of 30/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Gas CoOG's EV-to-EBITDA compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, National Gas CoOG ranks #145 out of 466 companies for EV-to-EBITDA. This puts National Gas CoOG in the upper half of its industry. The industry median EV-to-EBITDA is 9.83. National Gas CoOG's value of 7.26 is 26.1% below this benchmark. Historically, National Gas CoOG's own EV-to-EBITDA has ranged from 3.89 to 10.41 over the past decade. While the company's 10-year median is 6.05 vs. the industry median of 9.83, National Gas CoOG 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-EBITDA for an Utilities - Regulated company?
The median EV-to-EBITDA among Utilities - Regulated companies is 9.83, based on 466 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. National Gas CoOG's current EV-to-EBITDA of 7.26 is 26.1% 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-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 National Gas CoOG. For the Utilities - Regulated industry, the median EV-to-EBITDA is 9.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Gas CoOG's current EV-to-EBITDA is 7.26, which is 20% above median its own 10-year median of 6.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Gas CoOG stock overvalued right now?
Based on GuruFocus' analysis, National Gas CoOG (MUS:NGCI) is currently considered Modestly Overvalued. The stock's GF Value™ is ر.ع0.09, compared to a current price of ر.ع0.11 — trading 16.7% above its estimated fair value. The current EV-to-EBITDA is 7.26, which is 20% above median its 10-year median of 6.05 and 26.1% below the Utilities - Regulated industry median of 9.83. National Gas CoOG's overall GF Score™ is 30/100 with 7 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 National Gas CoOG (MUS:NGCI), the current EV-to-EBITDA is 7.26 as of Aug. 18, 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 National Gas CoOG (MUS:NGCI) Overvalued in 2026?
Based on GuruFocus' analysis, National Gas CoOG stock appears to be overvalued.
The current stock price of ر.ع0.11 is trading 16.7% above its estimated GF Value™ of ر.ع0.09.
GuruFocus considers National Gas CoOG to be Modestly Overvalued.
Key valuation signals for MUS:NGCI:
EV-to-EBITDA: 7.26 (20% above median its 10-year median of 6.05)
GF Value™: ر.ع0.09 vs. price of ر.ع0.11 (16.7% above fair value)
Industry Position: 26.1% below the Utilities - Regulated median (#145 of 466)
No single metric tells the full story. See the MUS:NGCI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Gas Co SAOG operates as a Liquefied Petroleum Gas filling plant. The company is engaged in the marketing, selling, and distribution of LPG. The group's only business segment is the marketing and selling of LPG. It operates a large fleet of tankers to lift bulk LPG from refineries in the Sultanate to its plants where it is bottled into cylinders in safe and controlled conditions. The company has different sizes of tankers to meet customer demand and reduce distribution costs. The company has different departments for project and design which takes care of design, engineering, procurement, installation, commissioning and testing of all projects and post-sale services.
30GF Score
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