Cardinal Energy (TSX:CJ) EV-to-EBITDA: 9.38 (As of Aug. 12, 2026) — 136% Above Median

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TSX:CJ Cardinal Energy Ltd TSX:CJ
58 GF Score
Price C$11.41
GF Value C$6.87
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Cardinal Energy EV-to-EBITDA?

Cardinal Energy TSX:CJ +1.24% 58 EV-to-EBITDA is 9.38 as of Aug. 12, 2026, which is 136% above its 10-year median of 3.98. GuruFocus rates TSX:CJ with a GF Score™ of 58/100 and a GF Value™ of C$6.87 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 770 Oil & Gas companies, Cardinal Energy ranks worse than 62.6% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Cardinal Energy's enterprise value is C$2,147.8 Mil. Cardinal Energy's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was C$228.9 Mil. Therefore, Cardinal Energy's EV-to-EBITDA for today is 9.38.

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

TSX:CJ' s EV-to-EBITDA Range Over the Past 10 Years
Min: -356.27   Med: 3.98   Max: 371.06
Current: 9.38

During the past 13 years, the highest EV-to-EBITDA of Cardinal Energy was 371.06. The lowest was -356.27. And the median was 3.98.

TSX:CJ's EV-to-EBITDA is ranked worse than
62.6% of 770 companies
in the Oil & Gas industry
Industry Median: 7.49 vs TSX:CJ: 9.38

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 (2026-08-12), Cardinal Energy's stock price is C$11.41. Cardinal Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was C$0.340. Therefore, Cardinal Energy's PE Ratio (TTM) for today is 33.56.

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


Cardinal Energy  (TSX:CJ) 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.

Cardinal Energy's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=11.41/0.340
=33.56

Cardinal Energy's share price for today is C$11.41.
Cardinal Energy'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 C$0.340.

* 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?


Cardinal Energy EV-to-EBITDA Related Terms


Cardinal Energy EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Cardinal Energy'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.

Cardinal Energy EV-to-EBITDA Chart

Cardinal Energy 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 2.12 3.05 4.26 4.28 10.73

Cardinal Energy 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 5.45 6.62 10.73 14.48 8.95

TSX:CJ vs COP, EOG, FANG: EV-to-EBITDA Comparison

For the Oil & Gas E&P subindustry, Cardinal Energy'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.


Cardinal Energy EV-to-EBITDA vs Oil & Gas Industry

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

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


TSX:CJ
58GF Score
Cardinal Energy Ltd TSX:CJ
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cardinal Energy EV-to-EBITDA Calculation

Cardinal Energy's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=2147.755/228.898
=9.38

Cardinal Energy's current Enterprise Value is C$2,147.8 Mil.
Cardinal Energy'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 C$228.9 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 9.38 mean?
Cardinal Energy (TSX:CJ) has a EV-to-EBITDA of 9.38 as of Aug. 12, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Cardinal Energy. This is 136% above median its historical median of 3.98. According to the industry distribution chart, Cardinal Energy ranks #482 out of 770 companies in the Oil & Gas industry, placing it in the top 62.6%.
Is Cardinal Energy's EV-to-EBITDA too high?
Cardinal Energy's current EV-to-EBITDA of 9.38 is 136% above median its 10-year median of 3.98. The Oil & Gas industry median EV-to-EBITDA is 7.49. Cardinal Energy's value of 9.38 is 25.2% above this industry median. Based on the distribution chart, Cardinal Energy ranks #482 out of 770 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Cardinal Energy has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cardinal Energy's EV-to-EBITDA compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Cardinal Energy ranks #482 out of 770 companies for EV-to-EBITDA. This places Cardinal Energy in the lower half of its industry. The industry median EV-to-EBITDA is 7.49. Cardinal Energy's value of 9.38 is 25.2% above this benchmark. While the company's 10-year median is 3.98 vs. the industry median of 7.49, Cardinal Energy 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 7.49, 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. Cardinal Energy's current EV-to-EBITDA of 9.38 is 25.2% 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 Cardinal Energy. For the Oil & Gas industry, the median EV-to-EBITDA is 7.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cardinal Energy's current EV-to-EBITDA is 9.38, which is 136% above median its own 10-year median of 3.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cardinal Energy stock overvalued right now?
Based on GuruFocus' analysis, Cardinal Energy (TSX:CJ) is currently considered Significantly Overvalued. The stock's GF Value™ is C$6.87, compared to a current price of C$11.41 — trading 66.1% above its estimated fair value. The current EV-to-EBITDA is 9.38, which is 136% above median its 10-year median of 3.98 and 25.2% above the Oil & Gas industry median of 7.49. Cardinal Energy's overall GF Score™ is 58/100 with 5 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 Cardinal Energy (TSX:CJ), the current EV-to-EBITDA is 9.38 as of Aug. 12, 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 Cardinal Energy (TSX:CJ) Overvalued in 2026?

Based on GuruFocus' analysis, Cardinal Energy stock appears to be overvalued. The current stock price of C$11.41 is trading 66.1% above its estimated GF Value™ of C$6.87. GuruFocus considers Cardinal Energy to be Significantly Overvalued.

Key valuation signals for TSX:CJ:

  • EV-to-EBITDA: 9.38 (136% above median its 10-year median of 3.98)
  • GF Value™: C$6.87 vs. price of C$11.41 (66.1% above fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 25.2% above the Oil & Gas median (#482 of 770)

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


Cardinal Energy Business Description

Industry EnergyOil & Gas
Other Exchanges CRLFF:USAC0Y:Germany
Address 400 - 3rd Avenue SW, Suite 600, Calgary, AB, CAN, T2P 4H2
Cardinal Energy Ltd is an oil-focused Canadian company engaged in the acquisition, exploration, and production of petroleum and natural gas in the provinces of Alberta, British Columbia, and Saskatchewan. The company generates the majority of its revenue from crude oil, natural gas, and natural gas liquids.
58GF Score

Get the complete analysis for TSX:CJ

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

C$11.41
Price
C$6.87
GF Value