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Ghana Oil CoXGHA:GOIL 75 EV-to-EBITDA is 11.23 as of Aug. 16, 2026, which is 147% above its 10-year median of 4.55. GuruFocus rates XGHA:GOIL with a GF Score™ of 75/100 and a GF Value™ of GHS1.56 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 771 Oil & Gas companies, Ghana Oil Co ranks worse than 70.95% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Ghana Oil Co's enterprise value is GHS3,619 Mil.
Ghana Oil Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was GHS322 Mil. Therefore, Ghana Oil Co's EV-to-EBITDA for today is 11.23.
The historical rank and industry rank for Ghana Oil Co's EV-to-EBITDA or its related term are showing as below:
XGHA:GOIL'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 1.56 Med: 4.55 Max: 16.68
Current: 11.23
During the past 13 years, the highest EV-to-EBITDA of Ghana Oil Co was 16.68. The lowest was 1.56. And the median was 4.55.
XGHA:GOIL's EV-to-EBITDA is ranked worse than 70.95% of 771
companies
in the Oil & Gas industry
Industry Median: 7.54
vs XGHA:GOIL: 11.23
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.
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.
Ghana Oil Co's PE Ratio (TTM) for today is calculated as:
Ghana Oil Co's share price for today is GHS7.93.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ghana Oil Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was GHS0.231.
* 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 Ghana Oil 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.
XGHA:GOIL vs MPC, VLO, PSX: EV-to-EBITDA Comparison
For the Oil & Gas Refining & Marketing subindustry, Ghana Oil 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.
Ghana Oil Co EV-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ghana Oil Co's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Ghana Oil Co's EV-to-EBITDA falls into.
Ghana Oil Co's current Enterprise Value is GHS3,619 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ghana Oil Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was GHS322 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.
Ghana Oil Co (XGHA:GOIL) has a EV-to-EBITDA of 11.23 as of Aug. 16, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ghana Oil Co. This is 147% above median its historical median of 4.55. Over the past decade, Ghana Oil Co's EV-to-EBITDA has ranged from 1.56 to 16.68. According to the industry distribution chart, Ghana Oil Co ranks #547 out of 771 companies in the Oil & Gas industry, placing it in the top 70.9%.
Is Ghana Oil Co's EV-to-EBITDA too high?
Ghana Oil Co's current EV-to-EBITDA of 11.23 is 147% above median its 10-year median of 4.55. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 16.68. The Oil & Gas industry median EV-to-EBITDA is 7.54. Ghana Oil Co's value of 11.23 is 48.9% above this industry median. Based on the distribution chart, Ghana Oil Co ranks #547 out of 771 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Ghana Oil Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ghana Oil Co's EV-to-EBITDA compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Ghana Oil Co ranks #547 out of 771 companies for EV-to-EBITDA. This places Ghana Oil Co in the lower half of its industry. The industry median EV-to-EBITDA is 7.54. Ghana Oil Co's value of 11.23 is 48.9% above this benchmark. Historically, Ghana Oil Co's own EV-to-EBITDA has ranged from 1.56 to 16.68 over the past decade. While the company's 10-year median is 4.55 vs. the industry median of 7.54, Ghana Oil 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 an Oil & Gas company?
The median EV-to-EBITDA among Oil & Gas companies is 7.54, based on 771 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. Ghana Oil Co's current EV-to-EBITDA of 11.23 is 48.9% 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 Ghana Oil Co. For the Oil & Gas industry, the median EV-to-EBITDA is 7.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ghana Oil Co's current EV-to-EBITDA is 11.23, which is 147% above median its own 10-year median of 4.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ghana Oil Co stock overvalued right now?
Based on GuruFocus' analysis, Ghana Oil Co (XGHA:GOIL) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS1.56, compared to a current price of GHS7.93 — trading 408.3% above its estimated fair value. The current EV-to-EBITDA is 11.23, which is 147% above median its 10-year median of 4.55 and 48.9% above the Oil & Gas industry median of 7.54. Ghana Oil Co's overall GF Score™ is 75/100 with 10 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 Ghana Oil Co (XGHA:GOIL), the current EV-to-EBITDA is 11.23 as of Aug. 16, 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 Ghana Oil Co (XGHA:GOIL) Overvalued in 2026?
Based on GuruFocus' analysis, Ghana Oil Co stock appears to be overvalued.
The current stock price of GHS7.93 is trading 408.3% above its estimated GF Value™ of GHS1.56.
GuruFocus considers Ghana Oil Co to be Significantly Overvalued.
Key valuation signals for XGHA:GOIL:
EV-to-EBITDA: 11.23 (147% above median its 10-year median of 4.55)
GF Value™: GHS1.56 vs. price of GHS7.93 (408.3% above fair value)
Industry Position: 48.9% above the Oil & Gas median (#547 of 771)
No single metric tells the full story. See the XGHA:GOIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ghana Oil Co Ltd (GOIL) is engaged in the marketing and distribution of petroleum products. Its objective is to market petroleum and related products, particularly fuels, liquefied petroleum gas (LPG), lubricants, bitumen, and specialty products in Ghana. The company is engaged in the business of marketing quality petroleum and other energy products and services in all its branches in a healthy, safe, environmentally friendly, and socially responsible manner.
75GF Score
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