National Petroleum Co (TPE:9937) EV-to-EBITDA: 12.23 (As of Aug. 19, 2026) — Near Median

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TPE:9937 National Petroleum Co Ltd TPE:9937
78 GF Score
Price NT$55.00
GF Value NT$60.07
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is National Petroleum Co EV-to-EBITDA?

National Petroleum Co TPE:9937 -0.18% 78 EV-to-EBITDA is 12.23 as of Aug. 19, 2026, which is 7% below its 10-year median of 13.13. GuruFocus rates TPE:9937 with a GF Score™ of 78/100 and a GF Value™ of NT$60.07 (Fairly Valued). The stock has 4 warning signs investors should review. Among 950 Retail - Cyclical companies, National Petroleum Co ranks worse than 66.42% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, National Petroleum Co's enterprise value is NT$19,782 Mil. National Petroleum Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was NT$1,617 Mil. Therefore, National Petroleum Co's EV-to-EBITDA for today is 12.23.

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

TPE:9937' s EV-to-EBITDA Range Over the Past 10 Years
Min: 10.37   Med: 13.13   Max: 16.89
Current: 12.23

During the past 13 years, the highest EV-to-EBITDA of National Petroleum Co was 16.89. The lowest was 10.37. And the median was 13.13.

TPE:9937's EV-to-EBITDA is ranked worse than
66.42% of 950 companies
in the Retail - Cyclical industry
Industry Median: 8.7 vs TPE:9937: 12.23

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 (2026-08-19), National Petroleum Co's stock price is NT$55.00. National Petroleum Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was NT$2.560. Therefore, National Petroleum Co's PE Ratio (TTM) for today is 21.48.

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


National Petroleum Co  (TPE:9937) 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 Petroleum Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=55.00/2.560
=21.48

National Petroleum Co's share price for today is NT$55.00.
National Petroleum Co'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 NT$2.560.

* 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?


National Petroleum Co EV-to-EBITDA Related Terms


National Petroleum Co EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for National Petroleum Co'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.

National Petroleum Co EV-to-EBITDA Chart

National Petroleum Co 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 11.10 12.21 15.69 14.79 13.58

National Petroleum Co 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 15.32 14.73 13.58 12.86 12.29

TPE:9937 vs CASY, WSM, ULTA: EV-to-EBITDA Comparison

For the Specialty Retail subindustry, National Petroleum Co'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 Petroleum Co EV-to-EBITDA vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, National Petroleum Co's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where National Petroleum Co's EV-to-EBITDA falls into.


TPE:9937
78GF Score
National Petroleum Co Ltd TPE:9937
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Petroleum Co EV-to-EBITDA Calculation

National Petroleum Co's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=19782.429/1617.483
=12.23

National Petroleum Co's current Enterprise Value is NT$19,782 Mil.
National Petroleum Co'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 NT$1,617 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 12.23 mean?
National Petroleum Co (TPE:9937) has a EV-to-EBITDA of 12.23 as of Aug. 19, 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 Petroleum Co. This is near median its historical median of 13.13. Over the past decade, National Petroleum Co's EV-to-EBITDA has ranged from 10.37 to 16.89. According to the industry distribution chart, National Petroleum Co ranks #631 out of 950 companies in the Retail - Cyclical industry, placing it in the top 66.4%.
Is National Petroleum Co's EV-to-EBITDA too high?
National Petroleum Co's current EV-to-EBITDA of 12.23 is near median its 10-year median of 13.13. Over the past 10 years, this metric has ranged from a low of 10.37 to a high of 16.89. The Retail - Cyclical industry median EV-to-EBITDA is 8.70. National Petroleum Co's value of 12.23 is 40.6% above this industry median. Based on the distribution chart, National Petroleum Co ranks #631 out of 950 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, National Petroleum Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Petroleum Co's EV-to-EBITDA compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, National Petroleum Co ranks #631 out of 950 companies for EV-to-EBITDA. This places National Petroleum Co in the lower half of its industry. The industry median EV-to-EBITDA is 8.70. National Petroleum Co's value of 12.23 is 40.6% above this benchmark. Historically, National Petroleum Co's own EV-to-EBITDA has ranged from 10.37 to 16.89 over the past decade. While the company's 10-year median is 13.13 vs. the industry median of 8.70, National Petroleum Co 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 a Retail - Cyclical company?
The median EV-to-EBITDA among Retail - Cyclical companies is 8.70, based on 950 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 Petroleum Co's current EV-to-EBITDA of 12.23 is 40.6% 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 National Petroleum Co. For the Retail - Cyclical industry, the median EV-to-EBITDA is 8.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Petroleum Co's current EV-to-EBITDA is 12.23, which is near median its own 10-year median of 13.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Petroleum Co stock overvalued right now?
Based on GuruFocus' analysis, National Petroleum Co (TPE:9937) is currently considered Fairly Valued. The stock's GF Value™ is NT$60.07, compared to a current price of NT$55.00 — trading 8.4% below its estimated fair value. The current EV-to-EBITDA is 12.23, which is near median its 10-year median of 13.13 and 40.6% above the Retail - Cyclical industry median of 8.70. National Petroleum Co's overall GF Score™ is 78/100 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 National Petroleum Co (TPE:9937), the current EV-to-EBITDA is 12.23 as of Aug. 19, 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 Petroleum Co (TPE:9937) Overvalued in 2026?

Based on GuruFocus' analysis, National Petroleum Co stock appears to be undervalued. The current stock price of NT$55.00 is trading 8.4% below its estimated GF Value™ of NT$60.07. GuruFocus considers National Petroleum Co to be Fairly Valued.

Key valuation signals for TPE:9937:

  • EV-to-EBITDA: 12.23 (near median its 10-year median of 13.13)
  • GF Value™: NT$60.07 vs. price of NT$55.00 (8.4% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 40.6% above the Retail - Cyclical median (#631 of 950)

No single metric tells the full story. See the TPE:9937 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Petroleum Co Business Description

Address No. 140, Roosevelt Road, 4th Floor, Section 6, Taipei, TWN
National Petroleum Co Ltd is engaged in providing and selling gasoline, diesel, and lubricant, as well as car washing services. The main revenue of the Group is generated from the sales of refined petroleum products supplied and sold through the Group's gas stations. The sales targets are mainly consumers at gas stations.
78GF Score

Get the complete analysis for TPE:9937

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

NT$55.00
Price
NT$60.07
GF Value