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: 7.05 HKD 0.86%
Market Cap: 131.6B HKD

Relative Value

The Relative Value of one Hong Kong and China Gas Co Ltd stock under the Base Case scenario is 8.5 HKD. Compared to the current market price of 7.05 HKD, Hong Kong and China Gas Co Ltd is Undervalued by 17%.

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
8.5 HKD
Undervaluation 17%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
50
vs Industry
37
Median 3Y
2.1
Median 5Y
2.4
Industry
1.7
Forward
2.2
vs History
65
vs Industry
21
Median 3Y
22.3
Median 5Y
28.1
Industry
14.6
Forward
19.9
vs History
61
vs Industry
20
Median 3Y
12
Median 5Y
14.6
Industry
6.9
vs History
vs Industry
17
Median 3Y
12.5
Median 5Y
20.7
Industry
13.9
vs History
47
vs Industry
24
Median 3Y
2
Median 5Y
2.2
Industry
1.4
vs History
47
vs Industry
46
Median 3Y
2.7
Median 5Y
3
Industry
2.8
Forward
2.8
vs History
vs Industry
50
Median 3Y
6.8
Median 5Y
8
Industry
7.3
vs History
47
vs Industry
12
Median 3Y
18.2
Median 5Y
20.4
Industry
10.2
Forward
12.3
vs History
74
vs Industry
22
Median 3Y
20.9
Median 5Y
25.6
Industry
14.7
Forward
17.7
vs History
61
vs Industry
29
Median 3Y
14.9
Median 5Y
17.4
Industry
10.9
vs History
73
vs Industry
8
Median 3Y
77.3
Median 5Y
82
Industry
16.8
vs History
39
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
130.8B HKD 2.4 23 20.5 20.5
ES
Naturgy Energy Group SA
MAD:NTGY
24.9B EUR 1.3 13.1 6.2 8.6
US
Atmos Energy Corp
NYSE:ATO
25.3B USD 4.7 18.2 13.3 18.3
IT
Snam SpA
MIL:SRG
16.6B EUR 4.7 13.2 12 18.9
IN
GAIL (India) Ltd
NSE:GAIL
1.3T INR 0.9 10.2 7.5 9.8
JP
Tokyo Gas Co Ltd
TSE:9531
1.8T JPY 0.7 19.8 7.2 20.1
JP
Osaka Gas Co Ltd
TSE:9532
1.4T JPY 0.7 14.8 9.3 21.1
CN
ENN Energy Holdings Ltd
HKEX:2688
70.2B HKD 0.6 11 6.1 8.3
CA
AltaGas Ltd
TSX:ALA
11.9B CAD 1 20.6 14.2 20.8
HK
Kunlun Energy Company Ltd
HKEX:135
65.5B HKD 0.3 10.3 2.6 2.6
CN
ENN Natural Gas Co Ltd
SSE:600803
60.9B CNY 0.4 8.1 7.7 7.7