UGP (Ultrapar Participacoes) EV-to-EBITDA: 5.75 (As of Jul. 28, 2026) — 10% Below Median

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UGP Ultrapar Participacoes SA UGP
75 GF Score
Price $6.28
GF Value $4.58
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Ultrapar Participacoes EV-to-EBITDA?

Ultrapar Participacoes UGP -2.33% 75 EV-to-EBITDA is 5.75 as of Jul. 28, 2026, which is 10% below its 10-year median of 6.39. GuruFocus rates UGP with a GF Score™ of 75/100 and a GF Value™ of $4.58 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 760 Oil & Gas companies, Ultrapar Participacoes ranks better than 67.89% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Ultrapar Participacoes's enterprise value is $9,832 Mil. Ultrapar Participacoes's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $1,711 Mil. Therefore, Ultrapar Participacoes's EV-to-EBITDA for today is 5.75.

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

UGP' s EV-to-EBITDA Range Over the Past 10 Years
Min: 4.34   Med: 6.39   Max: 14.06
Current: 5.45

During the past 13 years, the highest EV-to-EBITDA of Ultrapar Participacoes was 14.06. The lowest was 4.34. And the median was 6.39.

UGP's EV-to-EBITDA is ranked better than
67.89% of 760 companies
in the Oil & Gas industry
Industry Median: 7.64 vs UGP: 5.45

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 (2026-07-28), Ultrapar Participacoes's stock price is $6.28. Ultrapar Participacoes's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.504. Therefore, Ultrapar Participacoes's PE Ratio (TTM) for today is 12.46.

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


Ultrapar Participacoes  (NYSE:UGP) 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.

Ultrapar Participacoes's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=6.28/0.504
=12.46

Ultrapar Participacoes's share price for today is $6.28.
Ultrapar Participacoes'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 $0.504.

* 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?


Ultrapar Participacoes EV-to-EBITDA Related Terms


Ultrapar Participacoes EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Ultrapar Participacoes'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.

Ultrapar Participacoes EV-to-EBITDA Chart

Ultrapar Participacoes 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 10.87 4.74 5.74 4.37 5.02

Ultrapar Participacoes Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.67 4.60 4.76 5.02 5.06

UGP vs MPC, VLO, PSX: EV-to-EBITDA Comparison

For the Oil & Gas Refining & Marketing subindustry, Ultrapar Participacoes'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.


Ultrapar Participacoes EV-to-EBITDA vs Oil & Gas Industry

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

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


UGP
75GF Score
Ultrapar Participacoes SA UGP
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ultrapar Participacoes EV-to-EBITDA Calculation

Ultrapar Participacoes's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=9831.590/1710.667
=5.75

Ultrapar Participacoes's current Enterprise Value is $9,832 Mil.
Ultrapar Participacoes'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 $1,711 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 5.75 mean?
Ultrapar Participacoes (UGP) has a EV-to-EBITDA of 5.75 as of Jul. 28, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ultrapar Participacoes. This is 10% below median its historical median of 6.39. Over the past decade, Ultrapar Participacoes' EV-to-EBITDA has ranged from 4.34 to 14.06. According to the industry distribution chart, Ultrapar Participacoes ranks #244 out of 760 companies in the Oil & Gas industry, placing it in the top 32.1%.
Is Ultrapar Participacoes' EV-to-EBITDA too high?
Ultrapar Participacoes' current EV-to-EBITDA of 5.75 is 10% below median its 10-year median of 6.39. Over the past 10 years, this metric has ranged from a low of 4.34 to a high of 14.06. The Oil & Gas industry median EV-to-EBITDA is 7.64. Ultrapar Participacoes' value of 5.75 is 24.7% below this industry median. Based on the distribution chart, Ultrapar Participacoes ranks #244 out of 760 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Ultrapar Participacoes has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ultrapar Participacoes' EV-to-EBITDA compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Ultrapar Participacoes ranks #244 out of 760 companies for EV-to-EBITDA. This puts Ultrapar Participacoes in the upper half of its industry. The industry median EV-to-EBITDA is 7.64. Ultrapar Participacoes' value of 5.75 is 24.7% below this benchmark. Historically, Ultrapar Participacoes' own EV-to-EBITDA has ranged from 4.34 to 14.06 over the past decade. While the company's 10-year median is 6.39 vs. the industry median of 7.64, Ultrapar Participacoes 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 Oil & Gas company?
The median EV-to-EBITDA among Oil & Gas companies is 7.64, based on 760 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. Ultrapar Participacoes's current EV-to-EBITDA of 5.75 is 24.7% 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 Ultrapar Participacoes. For the Oil & Gas industry, the median EV-to-EBITDA is 7.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultrapar Participacoes's current EV-to-EBITDA is 5.75, which is 10% below median its own 10-year median of 6.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultrapar Participacoes stock overvalued right now?
Based on GuruFocus' analysis, Ultrapar Participacoes (UGP) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.58, compared to a current price of $6.28 — trading 37.1% above its estimated fair value. The current EV-to-EBITDA is 5.75, which is 10% below median its 10-year median of 6.39 and 24.7% below the Oil & Gas industry median of 7.64. Ultrapar Participacoes' overall GF Score™ is 75/100 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 Ultrapar Participacoes (UGP), the current EV-to-EBITDA is 5.75 as of Jul. 28, 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 Ultrapar Participacoes (UGP) Overvalued in 2026?

Based on GuruFocus' analysis, Ultrapar Participacoes stock appears to be overvalued. The current stock price of $6.28 is trading 37.1% above its estimated GF Value™ of $4.58. GuruFocus considers Ultrapar Participacoes to be Significantly Overvalued.

Key valuation signals for UGP:

  • EV-to-EBITDA: 5.75 (10% below median its 10-year median of 6.39)
  • GF Value™: $4.58 vs. price of $6.28 (37.1% above fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 24.7% below the Oil & Gas median (#244 of 760)

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


Ultrapar Participacoes Business Description

Industry EnergyOil & Gas
Address Brigadeiro Luis Antonio Avenue, 1343, 9th Floor, Sao Paulo, SP, BRA, 01317-910
Ultrapar Participacoes SA engages in the investment of its own capital in services, commercial, and industrial activities, through the subscription or acquisition of shares of other companies. The company's business segments include: i) Ultragaz distributes LPG in the segments: bulk, comprising condominiums, trade, services, industries, and agribusiness; and bottled, mainly comprising residential consumers. ii) Ipiranga, the majority revenue generating segment, engages in the distribution and sale of oil-related products to service stations that operate under the Ipiranga brand throughout Brazil. iii) Ultracargo operates in specialized liquid bulk storage solutions in the main logistics centers. iv) Hidrovias: operates in logistics solutions and waterway and multimodal infrastructure.
75GF Score

Get the complete analysis for UGP

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

$6.28
Price
$4.58
GF Value