Mahanagar Gas Ltd
NSE:MGL

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Mahanagar Gas Ltd
NSE:MGL
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Price: 1 077 INR -3.5% Market Closed
Market Cap: ₹106.4B

Relative Value

The Relative Value of one MGL stock under the Base Case scenario is 1 645.01 INR. Compared to the current market price of 1 077 INR, Mahanagar Gas Ltd is Undervalued by 35%.

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.

MGL Relative Value
Base Case
1 645.01 INR
Undervaluation 35%
Relative Value
Price
Worst Case
Base Case
Best Case

Multiples Across Competitors

MGL Competitors Multiples
Mahanagar Gas Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
Mahanagar Gas Ltd
NSE:MGL
106.4B INR 1.2 10.9 6 8
ES
Naturgy Energy Group SA
MAD:NTGY
25B EUR 1 9.9 5.6 7.5
US
Atmos Energy Corp
NYSE:ATO
26.7B USD 5.6 22.2 15.4 22.7
IT
Snam SpA
MIL:SRG
19B EUR 3.4 8.7 9.1 12.8
HK
Hong Kong and China Gas Co Ltd
HKEX:3
135.8B HKD 2.5 24.1 20 20
JP
Tokyo Gas Co Ltd
TSE:9531
2.3T JPY 0.8 12.5 7.1 17.1
JP
Osaka Gas Co Ltd
TSE:9532
2.3T JPY 1.1 12.6 8.9 14.7
IT
Italgas SpA
MIL:IG
10B EUR 2.4 10.8 9.4 12.8
IN
GAIL (India) Ltd
NSE:GAIL
1.1T INR 0.7 9.7 7.2 9.5
CN
ENN Energy Holdings Ltd
HKEX:2688
77.2B HKD 0.6 11.8 8.1 8.1
VN
Petrovietnam Gas Joint Stock Corp
VN:GAS
252.6T VND 2.2 21.2 12.6 15.1