Valuation China Gas Holdings Limited

Equities

Delayed Hong Kong S.E. Other stock markets 03:09:36 2025-06-16 am EDT			5-day change	1st Jan Change
7.550 ^HKD	+0.80%		+4.14%	+11.52%

May. 20	WGC-Sinopec sees China gas demand peaking near 620 bcm between 2035 and 2040	RE
Mar. 26	ENN Group looks to takeover ENN Energy, values it at $11.6 billion	RE

Data adjusted to current consolidation scope

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	140,901	166,014	54,622	60,170	38,375	40,807	-	-
Change	-	17.82%	-67.1%	10.16%	-36.22%	6.34%	-	-
Enterprise Value (EV) ¹	173,770	208,425	102,206	111,118	89,519	91,104	90,310	89,388
Change	-	19.94%	-50.96%	8.72%	-19.44%	1.77%	-0.87%	-1.02%
P/E ratio	15.3x	15.8x	7.22x	13.8x	12x	10.7x	9.77x	9.11x
PBR	3.56x	3.2x	0.87x	1.04x	0.71x	0.74x	0.72x	0.71x
PEG	-	1.1x	-0.2x	-0.3x	-0.5x	0.6x	1.09x	1.25x
Capitalization / Revenue	2.37x	2.37x	0.62x	0.65x	0.47x	0.5x	0.49x	0.48x
EV / Revenue	2.92x	2.98x	1.16x	1.21x	1.1x	1.13x	1.09x	1.06x
EV / EBITDA	11.7x	13.8x	7.63x	10.6x	10x	9.15x	8.62x	8.16x
EV / EBIT	13.2x	16.1x	9.46x	14.5x	14.8x	13.4x	12.6x	11.8x
EV / FCF	-341x	1,366x	95.9x	26.8x	20.9x	20.4x	19.9x	20.4x
FCF Yield	-0.29%	0.07%	1.04%	3.73%	4.79%	4.9%	5.03%	4.91%
Dividend per Share ²	0.5	0.55	0.55	0.55	0.5	0.4986	0.5008	0.5109
Rate of return	1.85%	1.73%	5.48%	4.97%	7.08%	6.66%	6.69%	6.82%
EPS ²	1.76	2.01	1.39	0.8	0.59	0.7032	0.7664	0.8225
Distribution rate	28.4%	27.4%	39.6%	68.8%	84.7%	70.9%	65.3%	62.1%
Net sales ¹	59,540	69,975	88,225	91,988	81,410	80,876	82,633	84,639
EBITDA ¹	14,901	15,052	13,401	10,462	8,949	9,959	10,474	10,954
EBIT ¹	13,137	12,913	10,809	7,650	6,039	6,794	7,178	7,584
Net income ¹	9,188	10,479	7,662	4,293	3,185	3,817	4,158	4,458
Net Debt ¹	32,869	42,411	47,584	50,948	51,144	50,298	49,503	48,581
Reference price ²	27.000	31.850	10.040	11.060	7.060	7.490	7.490	7.490
Nbr of stocks (in thousands)	5,218,563	5,212,369	5,440,436	5,440,336	5,435,573	5,448,153	-	-
Announcement Date	6/26/20	6/28/21	6/24/22	6/26/23	6/24/24	-	-	-

¹HKD in Million²HKD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
CHINA GAS HOLDINGS LIMITED	10.65x	1.13x	9.15x	6.66%	5.2B
NATURGY ENERGY GROUP, S.A.	13.8x	2.02x	7.61x	6.15%	29.43B
ATMOS ENERGY CORPORATION	21.18x	7.06x	14.65x	2.29%	24.3B
GAIL INDIA LIMITED	12.67x	1.07x	9.66x	3.56%	14.61B
TOKYO GAS CO.,LTD.	22.7x	1.05x	7.36x	1.69%	11.59B
OSAKA GAS CO., LTD.	10.94x	1.07x	8.9x	2.64%	9.97B
ALTAGAS LTD.	15.75x	1.58x	11.38x	3.26%	8.53B
PETRONAS GAS	18.94x	5.3x	9.81x	4.19%	8.31B
NATIONAL FUEL GAS COMPANY	15.16x	4.29x	7.42x	2.4%	7.6B
Average	15.75x	2.73x	9.55x	3.65%	13.28B
Weighted average by Cap.	16.23x	3.06x	9.85x	3.77%