Hong Kong and China Gas Co Ltd
HKEX:3

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Hong Kong and China Gas Co Ltd Logo
Hong Kong and China Gas Co Ltd
HKEX:3
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Price: 6.56 HKD -0.76%
Market Cap: 122.4B HKD

Relative Value

The Relative Value of one Hong Kong and China Gas Co Ltd stock under the Base Case scenario is 9.3 HKD. Compared to the current market price of 6.56 HKD, Hong Kong and China Gas Co Ltd is Undervalued by 29%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

Relative Value
Base Case
9.3 HKD
Undervaluation 29%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
55
vs Industry
37
Median 3Y
2.1
Median 5Y
2.4
Industry
1.7
Forward
2.1
vs History
68
vs Industry
21
Median 3Y
22.5
Median 5Y
28.4
Industry
14.9
Forward
19.3
vs History
68
vs Industry
20
Median 3Y
12
Median 5Y
14.9
Industry
7
vs History
vs Industry
17
Median 3Y
14.7
Median 5Y
20.8
Industry
13.8
vs History
53
vs Industry
24
Median 3Y
2
Median 5Y
2.2
Industry
1.4
vs History
53
vs Industry
46
Median 3Y
2.6
Median 5Y
2.9
Industry
2.7
Forward
2.6
vs History
66
vs Industry
50
Median 3Y
7
Median 5Y
8.2
Industry
7.3
vs History
31
vs Industry
12
Median 3Y
19.7
Median 5Y
20.9
Industry
10.3
Forward
12
vs History
55
vs Industry
22
Median 3Y
21.6
Median 5Y
25.7
Industry
14.5
Forward
16.7
vs History
68
vs Industry
29
Median 3Y
14.7
Median 5Y
17.7
Industry
11
vs History
74
vs Industry
8
Median 3Y
80.5
Median 5Y
82.4
Industry
16.6
vs History
44
vs Industry
25
Median 3Y
1.1
Median 5Y
1.2
Industry
0.9

Multiples Across Competitors

Competitors Multiples
Hong Kong and China Gas Co Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
HK
Hong Kong and China Gas Co Ltd
HKEX:3
123B HKD 2.2 22.3 22.7 22.7
ES
Naturgy Energy Group SA
MAD:NTGY
24.6B EUR 1.3 12.9 6.1 8.5
US
Atmos Energy Corp
NYSE:ATO
23.5B USD 4.4 16.9 12.6 17.3
IT
Snam SpA
MIL:SRG
15.5B EUR 2.7 9 9.6 13.7
IN
GAIL (India) Ltd
NSE:GAIL
1.2T INR 0.8 9.4 7 9
JP
Tokyo Gas Co Ltd
TSE:9531
1.9T JPY 0.7 20.4 7.3 20.5
JP
Osaka Gas Co Ltd
TSE:9532
1.4T JPY 0.7 14.2 9 20.5
HK
Kunlun Energy Company Ltd
HKEX:135
70.9B HKD 0.3 10.9 3 3
CN
ENN Energy Holdings Ltd
HKEX:2688
67.3B HKD 0.5 10.4 7.9 7.9
HK
China Resources Gas Group Ltd
HKEX:1193
66.6B HKD 0.6 12.8 5 7.2
CN
ENN Natural Gas Co Ltd
SSE:600803
60.9B CNY 0.4 8.1 7.7 7.7