Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) EV-to-OCF: 19.94 (As of Aug. 12, 2026) — 252% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MUS:MHAS Al Maha Petroleum Products Marketing Co SAOG MUS:MHAS
87 GF Score
Price ر.ع1.15
GF Value ر.ع1.06
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Al Maha Petroleum Products Marketing CoOG EV-to-OCF?

Al Maha Petroleum Products Marketing CoOG MUS:MHAS 87 EV-to-OCF is 19.94 as of Aug. 12, 2026, which is 252% above its 10-year median of 5.66. GuruFocus rates MUS:MHAS with a GF Score™ of 87/100 and a GF Value™ of ر.ع1.06 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,027 Oil & Gas companies, Al Maha Petroleum Products Marketing CoOG ranks worse than 88.32% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Al Maha Petroleum Products Marketing CoOG's Enterprise Value is ر.ع129.0 Mil. Al Maha Petroleum Products Marketing CoOG's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ر.ع6.5 Mil. Therefore, Al Maha Petroleum Products Marketing CoOG's EV-to-OCF for today is 19.94.

The historical rank and industry rank for Al Maha Petroleum Products Marketing CoOG's EV-to-OCF or its related term are showing as below:

MUS:MHAS' s EV-to-OCF Range Over the Past 10 Years
Min: -491.7   Med: 5.66   Max: 277.83
Current: 19.93

During the past 13 years, the highest EV-to-OCF of Al Maha Petroleum Products Marketing CoOG was 277.83. The lowest was -491.70. And the median was 5.66.

MUS:MHAS's EV-to-OCF is ranked worse than
88.32% of 1027 companies
in the Oil & Gas industry
Industry Median: 5.74 vs MUS:MHAS: 19.93

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

As of today (2026-08-12), Al Maha Petroleum Products Marketing CoOG's stock price is ر.ع1.15. Al Maha Petroleum Products Marketing CoOG's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ر.ع0.105. Therefore, Al Maha Petroleum Products Marketing CoOG's PE Ratio (TTM) for today is 10.95.


Al Maha Petroleum Products Marketing CoOG  (MUS:MHAS) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

Al Maha Petroleum Products Marketing CoOG's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.15/0.105
=10.95

Al Maha Petroleum Products Marketing CoOG's share price for today is ر.ع1.15.
Al Maha Petroleum Products Marketing CoOG'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 ر.ع0.105.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Al Maha Petroleum Products Marketing CoOG EV-to-OCF Related Terms


Al Maha Petroleum Products Marketing CoOG EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Al Maha Petroleum Products Marketing CoOG's EV-to-OCF 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.

Al Maha Petroleum Products Marketing CoOG EV-to-OCF Chart

Al Maha Petroleum Products Marketing CoOG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -99.47 8.75 35.34 6.06 -425.43

Al Maha Petroleum Products Marketing CoOG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-OCF 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 13.16 17.53 4.66 -425.43 21.54

MUS:MHAS vs MPC, VLO, PSX: EV-to-OCF Comparison

For the Oil & Gas Refining & Marketing subindustry, Al Maha Petroleum Products Marketing CoOG's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.


Al Maha Petroleum Products Marketing CoOG EV-to-OCF vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Al Maha Petroleum Products Marketing CoOG's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Al Maha Petroleum Products Marketing CoOG's EV-to-OCF falls into.


MUS:MHAS
87GF Score
Al Maha Petroleum Products Marketing Co SAOG MUS:MHAS
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Al Maha Petroleum Products Marketing CoOG EV-to-OCF Calculation

Al Maha Petroleum Products Marketing CoOG's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=128.958/6.468
=19.94

Al Maha Petroleum Products Marketing CoOG's current Enterprise Value is ر.ع129.0 Mil.
Al Maha Petroleum Products Marketing CoOG's Cash Flow from Operations 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 ر.ع6.5 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-OCF →
What does a EV-to-OCF of 19.94 mean?
Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) has a EV-to-OCF of 19.94 as of Aug. 12, 2026. This is 252% above median its historical median of 5.66. According to the industry distribution chart, Al Maha Petroleum Products Marketing CoOG ranks #907 out of 1027 companies in the Oil & Gas industry, placing it in the top 88.3%.
Is Al Maha Petroleum Products Marketing CoOG's EV-to-OCF too high?
Al Maha Petroleum Products Marketing CoOG's current EV-to-OCF of 19.94 is 252% above median its 10-year median of 5.66. The Oil & Gas industry median EV-to-OCF is 5.74. Al Maha Petroleum Products Marketing CoOG's value of 19.94 is 247.4% above this industry median. Based on the distribution chart, Al Maha Petroleum Products Marketing CoOG ranks #907 out of 1027 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Al Maha Petroleum Products Marketing CoOG has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Al Maha Petroleum Products Marketing CoOG's EV-to-OCF compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Al Maha Petroleum Products Marketing CoOG ranks #907 out of 1027 companies for EV-to-OCF. This places Al Maha Petroleum Products Marketing CoOG in the lower half of its industry. The industry median EV-to-OCF is 5.74. Al Maha Petroleum Products Marketing CoOG's value of 19.94 is 247.4% above this benchmark. While the company's 10-year median is 5.66 vs. the industry median of 5.74, Al Maha Petroleum Products Marketing CoOG 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-OCF for an Oil & Gas company?
The median EV-to-OCF among Oil & Gas companies is 5.74, based on 1,027 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Al Maha Petroleum Products Marketing CoOG's current EV-to-OCF of 19.94 is 247.4% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median EV-to-OCF is 5.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al Maha Petroleum Products Marketing CoOG's current EV-to-OCF is 19.94, which is 252% above median its own 10-year median of 5.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Maha Petroleum Products Marketing CoOG stock overvalued right now?
Based on GuruFocus' analysis, Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) is currently considered Fairly Valued. The stock's GF Value™ is ر.ع1.06, compared to a current price of ر.ع1.15 — trading 8.5% above its estimated fair value. The current EV-to-OCF is 19.94, which is 252% above median its 10-year median of 5.66 and 247.4% above the Oil & Gas industry median of 5.74. Al Maha Petroleum Products Marketing CoOG's overall GF Score™ is 87/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Al Maha Petroleum Products Marketing CoOG (MUS:MHAS), the current EV-to-OCF is 19.94 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 Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) Overvalued in 2026?

Based on GuruFocus' analysis, Al Maha Petroleum Products Marketing CoOG stock appears to be overvalued. The current stock price of ر.ع1.15 is trading 8.5% above its estimated GF Value™ of ر.ع1.06. GuruFocus considers Al Maha Petroleum Products Marketing CoOG to be Fairly Valued.

Key valuation signals for MUS:MHAS:

  • EV-to-OCF: 19.94 (252% above median its 10-year median of 5.66)
  • GF Value™: ر.ع1.06 vs. price of ر.ع1.15 (8.5% above fair value)
  • GF Score™: 87/100 with 3 warning signs
  • Industry Position: 247.4% above the Oil & Gas median (#907 of 1027)

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


Al Maha Petroleum Products Marketing CoOG Business Description

Industry EnergyOil & Gas
Address Mina Al Fahal, P.O. Box 57, Mina Al Fahal, OMN, 116
Al Maha Petroleum Products Marketing Co SAOG engaged in strategic marketing and distributing a diverse range of petroleum products, including Gasoline (M91 & M95), diesel, aviation fuel, kerosene, and lubricants. The company maintains a network of service stations throughout Oman. Its product portfolio covers Gasoline, Diesel, Aviation fuel, Kerosene, and Lubricants. The company operates its business through the segments of Retail sales, Commercial sales, Aviation, Non-Fuel Revenue and Lubricant. The retail sales segment derives key revenue for the company which includes sales made through company-operated stations, dealer-operated stations, and third-party-operated stations.
87GF Score

Get the complete analysis for MUS:MHAS

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

ر.ع1.15
Price
ر.ع1.06
GF Value