Ghana Oil Co (XGHA:GOIL) EV-to-FCF: 5.31 (As of Jul. 06, 2026)


XGHA:GOIL Ghana Oil Co Ltd XGHA:GOIL
76 GF Score
Price GHS7.50
GF Value GHS1.52
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Ghana Oil Co EV-to-FCF?

Ghana Oil Co XGHA:GOIL +0.67% 76 EV-to-FCF is 5.31 as of Jul. 06, 2026. GuruFocus rates XGHA:GOIL with a GF Score™ of 76/100 and a GF Value™ of GHS1.52 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 578 Oil & Gas companies, Ghana Oil Co ranks better than 84.95% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Ghana Oil Co's Enterprise Value is GHS3,451 Mil. Ghana Oil Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was GHS650 Mil. Therefore, Ghana Oil Co's EV-to-FCF for today is 5.31.

The historical rank and industry rank for Ghana Oil Co's EV-to-FCF or its related term are showing as below:

XGHA:GOIL' s EV-to-FCF Range Over the Past 10 Years
Min: -53.14   Med: -5.46   Max: 5.61
Current: 5.31

During the past 13 years, the highest EV-to-FCF of Ghana Oil Co was 5.61. The lowest was -53.14. And the median was -5.46.

XGHA:GOIL's EV-to-FCF is ranked better than
84.95% of 578 companies
in the Oil & Gas industry
Industry Median: 15.445 vs XGHA:GOIL: 5.31

EV-to-FCF 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 (2026-07-06), Ghana Oil Co's stock price is GHS7.50. Ghana Oil Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was GHS0.231. Therefore, Ghana Oil Co's PE Ratio (TTM) for today is 32.47.


Ghana Oil Co  (XGHA:GOIL) EV-to-FCF Explanation

EV-to-FCF 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.

Ghana Oil Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=7.50/0.231
=32.47

Ghana Oil Co's share price for today is GHS7.50.
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.

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


Ghana Oil Co EV-to-FCF Related Terms


Ghana Oil Co EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Ghana Oil Co's EV-to-FCF 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.

Ghana Oil Co EV-to-FCF Chart

Ghana Oil Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.22 1.41 -3.54 -2.36 2.57

Ghana Oil Co Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF 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 5.22 1.41 -3.54 -2.36 2.57

XGHA:GOIL vs VLO, MPC, PSX: EV-to-FCF Comparison

For the Oil & Gas Refining & Marketing subindustry, Ghana Oil Co's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Oil & Gas Industry

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

* The bar in red indicates where Ghana Oil Co's EV-to-FCF falls into.


XGHA:GOIL
76GF Score
Ghana Oil Co Ltd XGHA:GOIL
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ghana Oil Co EV-to-FCF Calculation

Ghana Oil Co's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3450.583/649.841
=5.31

Ghana Oil Co's current Enterprise Value is GHS3,451 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ghana Oil Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was GHS650 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-FCF →
What does a EV-to-FCF of 5.31 mean?
Ghana Oil Co (XGHA:GOIL) has a EV-to-FCF of 5.31 as of Jul. 06, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Ghana Oil Co and its competitors. According to the industry distribution chart, Ghana Oil Co ranks #87 out of 578 companies in the Oil & Gas industry, placing it in the top 15.1%.
Is Ghana Oil Co's EV-to-FCF too high?
Ghana Oil Co's current EV-to-FCF is 5.31. The Oil & Gas industry median EV-to-FCF is 15.45. Ghana Oil Co's value of 5.31 is 65.6% below this industry median. Based on the distribution chart, Ghana Oil Co ranks #87 out of 578 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Ghana Oil Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ghana Oil Co's EV-to-FCF compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Ghana Oil Co ranks #87 out of 578 companies for EV-to-FCF. This places Ghana Oil Co in the top 15% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 15.45. Ghana Oil Co's value of 5.31 is 65.6% below 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-FCF for an Oil & Gas company?
The median EV-to-FCF among Oil & Gas companies is 15.45, based on 578 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ghana Oil Co's current EV-to-FCF of 5.31 is 65.6% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Ghana Oil Co and its competitors. For the Oil & Gas industry, the median EV-to-FCF is 15.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ghana Oil Co's current EV-to-FCF is 5.31. 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 GHS1.52, compared to a current price of GHS7.50 — trading 393.4% above its estimated fair value. The current EV-to-FCF is 5.31 and 65.6% below the Oil & Gas industry median of 15.45. Ghana Oil Co's overall GF Score™ is 76/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Ghana Oil Co (XGHA:GOIL), the current EV-to-FCF is 5.31 as of Jul. 06, 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 GHS7.50 is trading 393.4% above its estimated GF Value™ of GHS1.52. GuruFocus considers Ghana Oil Co to be Significantly Overvalued.

Key valuation signals for XGHA:GOIL:

  • EV-to-FCF: 5.31
  • GF Value™: GHS1.52 vs. price of GHS7.50 (393.4% above fair value)
  • GF Score™: 76/100 with 9 warning signs
  • Industry Position: 65.6% below the Oil & Gas median (#87 of 578)

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 Business Description

Industry EnergyOil & Gas
Address Junction of Kojo Thompson and Adjabeng Roads, House Number D659/4, P. O. Box GP 3183, Adabraka, Accra, GHA
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.
76GF Score

Get the complete analysis for XGHA:GOIL

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

GHS7.50
Price
GHS1.52
GF Value