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Toplivo ADXBUL:TOPL 48 EV-to-EBITDA is 38.41 as of Aug. 15, 2026. GuruFocus rates XBUL:TOPL with a GF Score™ of 48/100 and a GF Value™ of €4.44 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 770 Oil & Gas companies, Toplivo AD ranks worse than 92.47% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Toplivo AD's enterprise value is €21.1 Mil.
Toplivo AD's EBITDA for the trailing twelve months (TTM) ended in Jun. 2025 was €0.6 Mil. Therefore, Toplivo AD's EV-to-EBITDA for today is 38.41.
The historical rank and industry rank for Toplivo AD's EV-to-EBITDA or its related term are showing as below:
XBUL:TOPL'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -86.79 Med: -12.16 Max: 126.08
Current: 38.83
During the past 13 years, the highest EV-to-EBITDA of Toplivo AD was 126.08. The lowest was -86.79. And the median was -12.16.
XBUL:TOPL's EV-to-EBITDA is ranked worse than 92.47% of 770
companies
in the Oil & Gas industry
Industry Median: 7.555
vs XBUL:TOPL: 38.83
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.
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.
Toplivo AD's share price for today is €3.90.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Toplivo AD's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2025 was €-0.007.
* 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 Toplivo AD'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.
XBUL:TOPL vs MPC, VLO, PSX: EV-to-EBITDA Comparison
For the Oil & Gas Refining & Marketing subindustry, Toplivo AD'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.
Toplivo AD EV-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Toplivo AD's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Toplivo AD's EV-to-EBITDA falls into.
Toplivo AD's current Enterprise Value is €21.1 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Toplivo AD's EBITDA for the trailing twelve months (TTM) ended in Jun. 2025 was €0.6 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.
Toplivo AD (XBUL:TOPL) has a EV-to-EBITDA of 38.41 as of Aug. 15, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Toplivo AD. According to the industry distribution chart, Toplivo AD ranks #712 out of 770 companies in the Oil & Gas industry, placing it in the top 92.5%.
Is Toplivo AD's EV-to-EBITDA too high?
Toplivo AD's current EV-to-EBITDA is 38.41. The Oil & Gas industry median EV-to-EBITDA is 7.56. Toplivo AD's value of 38.41 is 408.4% above this industry median. Based on the distribution chart, Toplivo AD ranks #712 out of 770 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Toplivo AD has a GF Score™ of 48/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toplivo AD's EV-to-EBITDA compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Toplivo AD ranks #712 out of 770 companies for EV-to-EBITDA. This places Toplivo AD in the lower half of its industry. The industry median EV-to-EBITDA is 7.56. Toplivo AD's value of 38.41 is 408.4% above this benchmark. 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 7.56, 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. Toplivo AD's current EV-to-EBITDA of 38.41 is 408.4% 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 Toplivo AD. For the Oil & Gas industry, the median EV-to-EBITDA is 7.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toplivo AD's current EV-to-EBITDA is 38.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toplivo AD stock overvalued right now?
Based on GuruFocus' analysis, Toplivo AD (XBUL:TOPL) is currently considered Modestly Undervalued. The stock's GF Value™ is €4.44, compared to a current price of €3.90 — trading 12.2% below its estimated fair value. The current EV-to-EBITDA is 38.41 and 408.4% above the Oil & Gas industry median of 7.56. Toplivo AD's overall GF Score™ is 48/100 with 1 warning sign 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 Toplivo AD (XBUL:TOPL), the current EV-to-EBITDA is 38.41 as of Aug. 15, 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 Toplivo AD (XBUL:TOPL) Overvalued in 2026?
Based on GuruFocus' analysis, Toplivo AD stock appears to be undervalued.
The current stock price of €3.90 is trading 12.2% below its estimated GF Value™ of €4.44.
GuruFocus considers Toplivo AD to be Modestly Undervalued.
Key valuation signals for XBUL:TOPL:
EV-to-EBITDA: 38.41
GF Value™: €4.44 vs. price of €3.90 (12.2% below fair value)
Industry Position: 408.4% above the Oil & Gas median (#712 of 770)
No single metric tells the full story. See the XBUL:TOPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toplivo AD is engaged in the provision of petroleum products like propane-butane, liquid petrol and liquid petroleum gas. It also offers construction and heating materials like firewood, wooden materials, decorating tiles, briquettes, wood, and metals.
48GF Score
Get the complete analysis for XBUL:TOPL
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