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Petronas Gas Bhd
KLSE:PETGAS

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Petronas Gas Bhd
KLSE:PETGAS
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Price: 18.54 MYR 1.64%
Market Cap: 36.7B MYR

Relative Value

The Relative Value of one PETGAS stock under the Base Case scenario is 13.71 MYR. Compared to the current market price of 18.54 MYR, Petronas Gas Bhd is Overvalued by 26%.

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.

PETGAS Relative Value
Base Case
13.71 MYR
Overvaluation 26%
Relative Value
Price
Worst Case
Base Case
Best Case

Multiples Across Competitors

PETGAS Competitors Multiples
Petronas Gas Bhd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
MY
Petronas Gas Bhd
KLSE:PETGAS
36.7B MYR 5.7 20.6 10.7 16.5
ES
Naturgy Energy Group SA
MAD:NTGY
25.4B EUR 1 10.1 5.7 7.6
US
Atmos Energy Corp
NYSE:ATO
29.6B USD 6 23.5 16.3 23.9
IT
Snam SpA
MIL:SRG
20.6B EUR 3.7 9.4 9.5 13.4
HK
Hong Kong and China Gas Co Ltd
HKEX:3
142.7B HKD 2.6 25.3 20.8 20.8
JP
Tokyo Gas Co Ltd
TSE:9531
2.6T JPY 0.9 13 7.6 17.9
JP
Osaka Gas Co Ltd
TSE:9532
2.6T JPY 1.3 14.2 10.1 16.8
IT
Italgas SpA
MIL:IG
10.9B EUR 2.6 11.7 9.8 13.3
IN
GAIL (India) Ltd
NSE:GAIL
1.1T INR 0.7 12.4 8.8 12.5
CN
ENN Energy Holdings Ltd
HKEX:2688
76.8B HKD 0.6 11.7 9 9
CA
AltaGas Ltd
TSX:ALA
13.2B CAD 1 17.7 12.7 17.7
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
MY
Petronas Gas Bhd
KLSE:PETGAS
Average EV/EBITDA: 11
10.7
2%
5.3
ES
Naturgy Energy Group SA
MAD:NTGY
5.7
-1%
N/A
US
Atmos Energy Corp
NYSE:ATO
16.3
14%
1.2
IT
Snam SpA
MIL:SRG
9.5
7%
1.4
HK
Hong Kong and China Gas Co Ltd
HKEX:3
20.8
6%
3.5
JP
T
Tokyo Gas Co Ltd
TSE:9531
7.6
4%
1.9
JP
Osaka Gas Co Ltd
TSE:9532
10.1
3%
3.4
IT
Italgas SpA
MIL:IG
9.8
20%
0.5
IN
GAIL (India) Ltd
NSE:GAIL
8.8
4%
2.2
CN
ENN Energy Holdings Ltd
HKEX:2688
9
8%
1.1
CA
AltaGas Ltd
TSX:ALA
12.7
14%
0.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
MY
Petronas Gas Bhd
KLSE:PETGAS
Average EV/EBIT: 15.4
16.5
1%
16.5
ES
Naturgy Energy Group SA
MAD:NTGY
7.6
-4%
N/A
US
Atmos Energy Corp
NYSE:ATO
23.9
14%
1.7
IT
Snam SpA
MIL:SRG
13.4
6%
2.2
HK
Hong Kong and China Gas Co Ltd
HKEX:3
20.8
3%
6.9
JP
T
Tokyo Gas Co Ltd
TSE:9531
17.9
N/A N/A
JP
Osaka Gas Co Ltd
TSE:9532
16.8
N/A N/A
IT
Italgas SpA
MIL:IG
13.3
22%
0.6
IN
GAIL (India) Ltd
NSE:GAIL
12.5
4%
3.1
CN
ENN Energy Holdings Ltd
HKEX:2688
9
8%
1.1
CA
AltaGas Ltd
TSX:ALA
17.7
21%
0.8