CNOOC Energy Technology & Services (SHSE:600968) EV-to-EBITDA: 7.57 (As of Sep. 04, 2026) — 20% Below Median

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SHSE:600968 CNOOC Energy Technology & Services Ltd SHSE:600968
78 GF Score
Price ¥3.95
GF Value ¥3.99
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is CNOOC Energy Technology & Services EV-to-EBITDA?

CNOOC Energy Technology & Services SHSE:600968 +0.77% 78 EV-to-EBITDA is 7.57 as of Sep. 04, 2026, which is 20% below its 10-year median of 9.41. GuruFocus rates SHSE:600968 with a GF Score™ of 78/100 and a GF Value™ of ¥3.99 (Fairly Valued). The stock has 2 warning signs investors should review. Among 770 Oil & Gas companies, CNOOC Energy Technology & Services ranks worse than 50.39% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, CNOOC Energy Technology & Services's enterprise value is ¥37,658 Mil. CNOOC Energy Technology & Services's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ¥4,974 Mil. Therefore, CNOOC Energy Technology & Services's EV-to-EBITDA for today is 7.57.

The historical rank and industry rank for CNOOC Energy Technology & Services's EV-to-EBITDA or its related term are showing as below:

SHSE:600968' s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.46   Med: 9.41   Max: 19.87
Current: 7.53

During the past 13 years, the highest EV-to-EBITDA of CNOOC Energy Technology & Services was 19.87. The lowest was 5.46. And the median was 9.41.

SHSE:600968's EV-to-EBITDA is ranked worse than
50.39% of 770 companies
in the Oil & Gas industry
Industry Median: 7.47 vs SHSE:600968: 7.53

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 (2026-09-04), CNOOC Energy Technology & Services's stock price is ¥3.95. CNOOC Energy Technology & Services's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ¥0.387. Therefore, CNOOC Energy Technology & Services's PE Ratio (TTM) for today is 10.21.

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


CNOOC Energy Technology & Services  (SHSE:600968) 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.

CNOOC Energy Technology & Services's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=3.95/0.387
=10.21

CNOOC Energy Technology & Services's share price for today is ¥3.95.
CNOOC Energy Technology & Services'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 ¥0.387.

* 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?


CNOOC Energy Technology & Services EV-to-EBITDA Related Terms


CNOOC Energy Technology & Services EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for CNOOC Energy Technology & Services'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.

CNOOC Energy Technology & Services EV-to-EBITDA Chart

CNOOC Energy Technology & Services 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 7.38 5.20 3.81 5.24 4.74

CNOOC Energy Technology & Services 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 7.59 7.08 4.74 8.57 6.37

SHSE:600968 vs SLB, BKR, HAL: EV-to-EBITDA Comparison

For the Oil & Gas Equipment & Services subindustry, CNOOC Energy Technology & Services'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.


CNOOC Energy Technology & Services EV-to-EBITDA vs Oil & Gas Industry

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

* The bar in red indicates where CNOOC Energy Technology & Services's EV-to-EBITDA falls into.


SHSE:600968
78GF Score
CNOOC Energy Technology & Services Ltd SHSE:600968
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CNOOC Energy Technology & Services EV-to-EBITDA Calculation

CNOOC Energy Technology & Services's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=37658.241/4974.092
=7.57

CNOOC Energy Technology & Services's current Enterprise Value is ¥37,658 Mil.
CNOOC Energy Technology & Services'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 ¥4,974 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 7.57 mean?
CNOOC Energy Technology & Services (SHSE:600968) has a EV-to-EBITDA of 7.57 as of Sep. 04, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on CNOOC Energy Technology & Services. This is 20% below median its historical median of 9.41. Over the past decade, CNOOC Energy Technology & Services' EV-to-EBITDA has ranged from 5.46 to 19.87. According to the industry distribution chart, CNOOC Energy Technology & Services ranks #388 out of 770 companies in the Oil & Gas industry, placing it in the top 50.4%.
Is CNOOC Energy Technology & Services' EV-to-EBITDA too high?
CNOOC Energy Technology & Services' current EV-to-EBITDA of 7.57 is 20% below median its 10-year median of 9.41. Over the past 10 years, this metric has ranged from a low of 5.46 to a high of 19.87. The Oil & Gas industry median EV-to-EBITDA is 7.47. CNOOC Energy Technology & Services' value of 7.57 is 1.3% above this industry median. Based on the distribution chart, CNOOC Energy Technology & Services ranks #388 out of 770 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, CNOOC Energy Technology & Services has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CNOOC Energy Technology & Services' EV-to-EBITDA compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, CNOOC Energy Technology & Services ranks #388 out of 770 companies for EV-to-EBITDA. This places CNOOC Energy Technology & Services in the lower half of its industry. The industry median EV-to-EBITDA is 7.47. CNOOC Energy Technology & Services' value of 7.57 is 1.3% above this benchmark. Historically, CNOOC Energy Technology & Services' own EV-to-EBITDA has ranged from 5.46 to 19.87 over the past decade. While the company's 10-year median is 9.41 vs. the industry median of 7.47, CNOOC Energy Technology & Services 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 7.47, based on 770 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. CNOOC Energy Technology & Services's current EV-to-EBITDA of 7.57 is 1.3% 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 CNOOC Energy Technology & Services. For the Oil & Gas industry, the median EV-to-EBITDA is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CNOOC Energy Technology & Services's current EV-to-EBITDA is 7.57, which is 20% below median its own 10-year median of 9.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CNOOC Energy Technology & Services stock overvalued right now?
Based on GuruFocus' analysis, CNOOC Energy Technology & Services (SHSE:600968) is currently considered Fairly Valued. The stock's GF Value™ is ¥3.99, compared to a current price of ¥3.95 — trading 1% below its estimated fair value. The current EV-to-EBITDA is 7.57, which is 20% below median its 10-year median of 9.41 and 1.3% above the Oil & Gas industry median of 7.47. CNOOC Energy Technology & Services' overall GF Score™ is 78/100 with 2 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 CNOOC Energy Technology & Services (SHSE:600968), the current EV-to-EBITDA is 7.57 as of Sep. 04, 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 CNOOC Energy Technology & Services (SHSE:600968) Overvalued in 2026?

Based on GuruFocus' analysis, CNOOC Energy Technology & Services stock appears to be undervalued. The current stock price of ¥3.95 is trading 1% below its estimated GF Value™ of ¥3.99. GuruFocus considers CNOOC Energy Technology & Services to be Fairly Valued.

Key valuation signals for SHSE:600968:

  • EV-to-EBITDA: 7.57 (20% below median its 10-year median of 9.41)
  • GF Value™: ¥3.99 vs. price of ¥3.95 (1% below fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 1.3% above the Oil & Gas median (#388 of 770)

No single metric tells the full story. See the SHSE:600968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CNOOC Energy Technology & Services Business Description

Industry EnergyOil & Gas
Address No. 6 Dongzhimenwai Street, CNOOC Building, Dongcheng District, Beijing, CHN, 100027
CNOOC Energy Technology & Services Ltd is a diversified industrial group that covers majority of the upstream and downstream sectors of the oil and gas industry chain, forming four core business segments: Energy technology services; Floating Production Storage and Offloading (FPSO) Production Technical Service segment; Energy logistics services; and the Safety, environmental protection and Energy conservation.
78GF Score

Get the complete analysis for SHSE:600968

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

¥3.95
Price
¥3.99
GF Value