Hong Kong and China Gas Co Ltd
HKEX:3
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Hong Kong and China Gas Co Ltd
HKEX:3
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Intrinsic Value
The intrinsic value of Hong Kong and China Gas Co Ltd (3) under the Base Case is 7.73 HKD per share.
Compared with the current market price of 7.12 HKD, the stock appears
Undervalued by 8% .
The intrinsic value is the average of valuations using the DCF method and multiples.
Do our valuations actually work? See backtest results .
Cheap or expensive for this stock?
This block shows whether today’s valuation is cheap or expensive compared with the stock’s own history, and what happened after similar valuations in the past.
We compare the gap between the stock’s price and our estimated value over time.
- Undervalued can still be historically expensive. The stock may trade below our estimated value, but usually offer an even bigger discount.
- Overvalued can still be historically cheap. The stock may trade above our estimated value, but usually carry an even higher premium.
Market expectations can differ from our model, which may not fully capture everything affecting the price. That is why some stocks regularly trade above our estimated value and others below it.
The scale and chart show how today’s valuation compares with the past. The cards summarize past returns and waiting times until the stock stopped being cheap or expensive. This can happen because the price changed, our estimated value changed, or both.
Only completed periods are included. These are past results, not forecasts. The usual historical range does not necessarily mean fair value.
Fundamental Analysis
What Hong Kong and China Gas Does
Hong Kong and China Gas Co Ltd, better known as Towngas, is a utility company that makes and supplies gas for homes, restaurants, and businesses. In Hong Kong, it is the main town gas supplier, and in mainland China it works with local partners to build and run gas distribution networks. It also sells gas-related appliances and provides installation and maintenance services.
- Headquarters
- Hong Kong HK
- Employees
- 2 146
- IPO date
- Jan 1, 1960
Earnings Waterfall
Hong Kong and China Gas Co Ltd
The intrinsic value for Hong Kong and China Gas Co Ltd (3) under the Base Case is 7.73 HKD.
Compared with the current market price of 7.12 HKD, the stock appears Undervalued by 8% .