Adani Total Gas Ltd
BSE:542066

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Adani Total Gas Ltd
BSE:542066
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Price: 621.8 INR -1.18% Market Closed
Market Cap: ₹683.9B

EV/EBIT

74.9
Current
17%
Cheaper
vs 3-y average of 90.6

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
74.9
=
Enterprise Value
₹576B
/
EBIT
₹9.3B

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
74.9
=
Enterprise Value
₹576B
/
EBIT
₹9.3B

Valuation Scenarios

Adani Total Gas Ltd is trading below its 3-year average

If EV/EBIT returns to its 3-Year Average (90.6), the stock would be worth ₹752.88 (21% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-78%
Maximum Upside
+46%
Average Downside
20%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 74.9 ₹621.8
0%
3-Year Average 90.6 ₹752.88
+21%
5-Year Average 109.1 ₹905.93
+46%
Industry Average 16.7 ₹138.54
-78%
Country Average 23.3 ₹193.28
-69%

Forward EV/EBIT
Today’s price vs future ebit

Not enough data available to calculate forward EV/EBIT

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
IN
Adani Total Gas Ltd
BSE:542066
683.8B INR 74.9 106.8
US
Atmos Energy Corp
NYSE:ATO
31.1B USD 24.7 24.6
ES
Naturgy Energy Group SA
MAD:NTGY
25.5B EUR 9.7 12.5
IT
Snam SpA
MIL:SRG
22.8B EUR 19.4 17.7
HK
Hong Kong and China Gas Co Ltd
HKEX:3
135.1B HKD 21.1 23.8
JP
Osaka Gas Co Ltd
TSE:9532
2.3T JPY 15 12.3
JP
Tokyo Gas Co Ltd
TSE:9531
2.2T JPY 15.6 10.8
IT
Italgas SpA
MIL:IG
10.6B EUR 16.2 15.7
IN
GAIL (India) Ltd
NSE:GAIL
1.1T INR 12.7 12.6
CA
AltaGas Ltd
TSX:ALA
15.5B CAD 19.1 20.7
CN
ENN Natural Gas Co Ltd
SSE:600803
64.9B CNY 6.7 13.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
IN
Adani Total Gas Ltd
BSE:542066
Average EV/EBIT: 21.4
74.9
N/A N/A
US
Atmos Energy Corp
NYSE:ATO
24.7
15%
1.6
ES
Naturgy Energy Group SA
MAD:NTGY
9.7
0%
N/A
IT
Snam SpA
MIL:SRG
19.4
6%
3.2
HK
Hong Kong and China Gas Co Ltd
HKEX:3
21.1
N/A N/A
JP
Osaka Gas Co Ltd
TSE:9532
15
N/A N/A
JP
T
Tokyo Gas Co Ltd
TSE:9531
15.6
N/A N/A
IT
Italgas SpA
MIL:IG
16.2
9%
1.8
IN
GAIL (India) Ltd
NSE:GAIL
12.7
1%
12.7
CA
AltaGas Ltd
TSX:ALA
19.1
10%
1.9
CN
ENN Natural Gas Co Ltd
SSE:600803
6.7
N/A N/A

Market Distribution

Higher than 91% of companies in India
Percentile
91th
Based on 2 572 companies
91th percentile
74.7
Low
0.4 — 15.7
Typical Range
15.7 — 34.7
High
34.7 —
Distribution Statistics
India
Min 0.4
30th Percentile 15.7
Median 23.3
70th Percentile 34.7
Max 48 145.1

Adani Total Gas Ltd
Glance View

Adani Total Gas Ltd. offers an impressive narrative of strategic partnerships and forward-thinking within India's burgeoning energy sector. Born out of a joint venture between the Adani Group and TotalEnergies, a French energy giant, the company has established itself as a prominent player in the distribution of natural gas. This collaboration leverages Adani's deep-rooted presence in the Indian infrastructure sector and TotalEnergies' extensive expertise in global energy markets. Adani Total Gas Ltd. operates primarily in two segments: the city gas distribution (CGD) networks and the sale of compressed natural gas (CNG) for vehicles. By establishing a comprehensive network of pipelines and gas stations, it aims to replace traditional fuels with eco-friendlier alternatives, capturing both consumer and industrial markets. The company's revenue model hinges on the rapidly growing demand for clean energy sources in urban areas and among industries seeking to reduce their carbon footprint. As Indian cities proliferate, Adani Total Gas Ltd. has swiftly expanded its geographic reach, focusing on ensuring accessibility and reliability of supply. Significant investments in infrastructure and technology enable efficient distribution, with a keen focus on customer satisfaction and operational excellence. The strategic placement of CNG stations along transport corridors and in strategic urban locations enhances its accessibility, thereby increasing its customer base. This dual revenue stream from domestic and industrial sectors under its CGD operations, coupled with sales from CNG stations, positions Adani Total Gas Ltd. as a crucial player in India's transition to cleaner energy solutions, while also ensuring robust financial returns that are strongly aligned with global sustainability goals.

ATGL Intrinsic Value
136.81 INR
Overvaluation 78%
Intrinsic Value
Price ₹621.8
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