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OPAL FuelsOPAL -3.96%71 EV-to-EBITDA is 28.84 as of Jul. 23, 2026, which is 40% above its 10-year median of 20.66. GuruFocus rates OPAL with a GF Score™ of 71/100 and a GF Value™ of $4.01 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 469 Utilities - Regulated companies, OPAL Fuels ranks worse than 93.18% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, OPAL Fuels's enterprise value is $891.2 Mil.
OPAL Fuels's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $30.9 Mil. Therefore, OPAL Fuels's EV-to-EBITDA for today is 28.84.
The historical rank and industry rank for OPAL Fuels's EV-to-EBITDA or its related term are showing as below:
OPAL'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 4.68 Med: 20.66 Max: 35.07
Current: 28.84
During the past 7 years, the highest EV-to-EBITDA of OPAL Fuels was 35.07. The lowest was 4.68. And the median was 20.66.
OPAL's EV-to-EBITDA is ranked worse than 93.18% of 469
companies
in the Utilities - Regulated industry
Industry Median: 9.9
vs OPAL: 28.84
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.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
OPAL Fuels (NAS:OPAL) 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.
OPAL Fuels's share price for today is $2.43.
OPAL Fuels'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 $0.010.
* 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 OPAL 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 Utilities - Regulated Gas subindustry, OPAL 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.
OPAL Fuels EV-to-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, OPAL Fuels's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where OPAL Fuels's EV-to-EBITDA falls into.
OPAL Fuels's current Enterprise Value is $891.2 Mil.
OPAL Fuels'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 $30.9 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.
OPAL Fuels (OPAL) has a EV-to-EBITDA of 28.84 as of Jul. 23, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on OPAL Fuels. This is 40% above median its historical median of 20.66. Over the past decade, OPAL Fuels' EV-to-EBITDA has ranged from 4.68 to 35.07. According to the industry distribution chart, OPAL Fuels ranks #437 out of 469 companies in the Utilities - Regulated industry, placing it in the top 93.2%.
Is OPAL Fuels' EV-to-EBITDA too high?
OPAL Fuels' current EV-to-EBITDA of 28.84 is 40% above median its 10-year median of 20.66. Over the past 10 years, this metric has ranged from a low of 4.68 to a high of 35.07. The Utilities - Regulated industry median EV-to-EBITDA is 9.90. OPAL Fuels' value of 28.84 is 191.3% above this industry median. Based on the distribution chart, OPAL Fuels ranks #437 out of 469 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, OPAL Fuels has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does OPAL Fuels' EV-to-EBITDA compare to RGCO and ATO?
According to the Utilities - Regulated industry distribution chart, OPAL Fuels ranks #437 out of 469 companies for EV-to-EBITDA. This places OPAL Fuels in the lower half of its industry. The industry median EV-to-EBITDA is 9.90. OPAL Fuels' value of 28.84 is 191.3% above this benchmark. Historically, OPAL Fuels' own EV-to-EBITDA has ranged from 4.68 to 35.07 over the past decade. While the company's 10-year median is 20.66 vs. the industry median of 9.90, OPAL 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 Utilities - Regulated company?
The median EV-to-EBITDA among Utilities - Regulated companies is 9.90, based on 469 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. OPAL Fuels's current EV-to-EBITDA of 28.84 is 191.3% 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-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 OPAL Fuels. For the Utilities - Regulated industry, the median EV-to-EBITDA is 9.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OPAL Fuels's current EV-to-EBITDA is 28.84, which is 40% above median its own 10-year median of 20.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OPAL Fuels stock overvalued right now?
Based on GuruFocus' analysis, OPAL Fuels (OPAL) is currently considered Possible Value Trap. The stock's GF Value™ is $4.01, compared to a current price of $2.43 — trading 39.4% below its estimated fair value. The current EV-to-EBITDA is 28.84, which is 40% above median its 10-year median of 20.66 and 191.3% above the Utilities - Regulated industry median of 9.90. OPAL Fuels' overall GF Score™ is 71/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For OPAL Fuels (OPAL), the current EV-to-EBITDA is 28.84 as of Jul. 23, 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 OPAL Fuels (OPAL) Overvalued in 2026?
Based on GuruFocus' analysis, OPAL Fuels stock appears to be undervalued.
The current stock price of $2.43 is trading 39.4% below its estimated GF Value™ of $4.01.
GuruFocus considers OPAL Fuels to be Possible Value Trap.
Key valuation signals for OPAL:
EV-to-EBITDA: 28.84 (40% above median its 10-year median of 20.66)
GF Value™: $4.01 vs. price of $2.43 (39.4% below fair value)
Industry Position: 191.3% above the Utilities - Regulated median (#437 of 469)
No single metric tells the full story. See the OPAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
OPAL Fuels Inc is a fully integrated leader in the capture and conversion of biogas into low-carbon-intensity renewable natural gas and Renewable Power. The company is also engaged in the marketing and distribution of RNG to heavy-duty trucking and other hard-to-decarbonize industrial sectors. The company designs, develops, constructs, operates, and services Fueling Stations for trucking fleets across the country that use natural gas to displace diesel as their transportation fuel. The company derives revenue from the sale of Renewable Power, design, development, construction, and service of Fueling Stations, and sales of RNG produced by OPAL and third parties as pipeline-quality natural gas. The Company has three operating segments: RNG Fuel, Fuel Station Services, and Renewable Power.
71GF Score
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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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