ENN Natural Gas Co Ltd
SSE:600803
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P/FCFE
Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.
Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.
Valuation Scenarios
If P/FCFE returns to its 3-Year Average (13.7), the stock would be worth ¥21.92 (8% upside from current price).
| Scenario | P/FCFE Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 12.7 | ¥20.26 |
0%
|
| 3-Year Average | 13.7 | ¥21.92 |
+8%
|
| 5-Year Average | 12.4 | ¥19.73 |
-3%
|
| Industry Average | 14.5 | ¥23.12 |
+14%
|
| Country Average | 26.4 | ¥42.08 |
+108%
|
Forward P/FCFE
Today’s price vs future free cash flow to equity
Peer Comparison
| Market Cap | P/FCFE | P/E | ||||
|---|---|---|---|---|---|---|
| CN |
|
ENN Natural Gas Co Ltd
SSE:600803
|
62.7B CNY | 12.7 | 13.4 | |
| US |
|
Atmos Energy Corp
NYSE:ATO
|
31.2B USD | -56.6 | 25 | |
| ES |
|
Naturgy Energy Group SA
MAD:NTGY
|
24.8B EUR | 20.4 | 12.3 | |
| IT |
|
Snam SpA
MIL:SRG
|
22.6B EUR | 26.9 | 17.8 | |
| HK |
|
Hong Kong and China Gas Co Ltd
HKEX:3
|
134.9B HKD | 28 | 23.7 | |
| JP |
T
|
Tokyo Gas Co Ltd
TSE:9531
|
2.5T JPY | 32.9 | 10.8 | |
| JP |
|
Osaka Gas Co Ltd
TSE:9532
|
2.2T JPY | 41.4 | 12 | |
| IT |
|
Italgas SpA
MIL:IG
|
10.5B EUR | 7.3 | 15.6 | |
| CA |
|
AltaGas Ltd
TSX:ALA
|
15.8B CAD | -30 | 21.8 | |
| IN |
|
GAIL (India) Ltd
NSE:GAIL
|
1.1T INR | 23.1 | 12.4 | |
| AU |
|
APA Group
ASX:APA
|
13.8B AUD | -71.4 | 85.2 |
Market Distribution
| Min | 0.2 |
| 30th Percentile | 13.7 |
| Median | 26.4 |
| 70th Percentile | 52.8 |
| Max | 2 279 450.9 |
Other Multiples
ENN Natural Gas Co Ltd
Glance View
ENN Natural Gas Co Ltd., born from the industrial heartland of China, is a dynamic force in the energy sector, blending vision with pragmatism. Established in 1992, ENN has carved its niche as one of the largest privately owned clean energy suppliers in the country. The company's journey from a local gas distribution company to a major player in the global liquefied natural gas (LNG) market is nothing short of transformative. Operating through an integrated business model, ENN oversees a wide array of operations from natural gas production, storage, and transportation to commercial and residential distribution networks. By enhancing its presence across the whole gas supply chain, the company stays resilient against market fluctuations and secures profitability through diverse revenue streams. At the core of ENN's operations is its robust infrastructure, including strategically located import terminals and an expansive network of pipelines. This infrastructure supports a seamless delivery process, ensuring that customers – ranging from swelling urban apartments to sprawling industrial complexes – receive reliable energy solutions. In addition to its domestic endeavors, ENN has ventured into international markets, leveraging partnerships and acquisitions to strengthen its global LNG supply capabilities. As the world pivots towards cleaner energy sources, ENN Natural Gas positions itself as a pivotal player, not just providing cleaner alternatives but actively contributing to the sustainable energy transition in China and beyond. The company’s innovative practices and forward-looking strategies are laying down building blocks not only for growth, but also for a more sustainable future in the energy domain.