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Mahanagar Gas Ltd
NSE:MGL

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Mahanagar Gas Ltd Logo
Mahanagar Gas Ltd
NSE:MGL
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Price: 1 458 INR 1% Market Closed
Updated: May 2, 2024

Relative Value

The Relative Value of one MGL stock under the Base Case scenario is 1 594.96 INR. Compared to the current market price of 1 458 INR, Mahanagar Gas Ltd is Undervalued by 9%.

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
1 594.96 INR
Undervaluation 9%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
58
vs Industry
39
Median 3Y
1.9
Median 5Y
2.3
Industry
1.7
Forward
2.3
vs History
80
vs Industry
53
Median 3Y
12.4
Median 5Y
12.7
Industry
15.8
Forward
11.3
vs History
57
vs Industry
30
Median 3Y
10.2
Median 5Y
10.4
Industry
7.6
vs History
50
vs Industry
18
Median 3Y
22
Median 5Y
21.3
Industry
13.5
vs History
36
vs Industry
14
Median 3Y
2.4
Median 5Y
2.9
Industry
1.4
vs History
57
vs Industry
59
Median 3Y
1.5
Median 5Y
2
Industry
2.8
Forward
1.9
vs History
57
vs Industry
81
Median 3Y
1.6
Median 5Y
2.2
Industry
7.5
vs History
68
vs Industry
62
Median 3Y
6.8
Median 5Y
7.2
Industry
10.7
Forward
6.7
vs History
74
vs Industry
63
Median 3Y
8.3
Median 5Y
8.8
Industry
15
Forward
8.1
vs History
57
vs Industry
50
Median 3Y
8.7
Median 5Y
8.9
Industry
11.4
vs History
61
vs Industry
25
Median 3Y
20.5
Median 5Y
19.9
Industry
15.7
vs History
33
vs Industry
8
Median 3Y
2.1
Median 5Y
2.7
Industry
0.9

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
144B INR 2.1 11.1 6.7 7.8
ES
Naturgy Energy Group SA
MAD:NTGY
22.9B EUR 1 11.5 6.2 8.5
US
Atmos Energy Corp
NYSE:ATO
17.9B USD 4.5 19.3 14.2 22
IN
GAIL (India) Ltd
NSE:GAIL
1.3T INR 1 16.7 13.1 17.8
IT
Snam SpA
MIL:SRG
14.3B EUR 3.3 12.6 11.6 19
HK
Hong Kong and China Gas Co Ltd
HKEX:3
111.4B HKD 2 18.4 18.5 18.5
IN
Adani Total Gas Ltd
NSE:ATGL
1T INR 21.6 172.3 102.5 118
CN
ENN Energy Holdings Ltd
HKEX:2688
78.7B HKD 0.6 10.7 8 8
JP
Osaka Gas Co Ltd
TSE:9532
1.4T JPY 0.7 7.8 6.4 10.1
JP
Tokyo Gas Co Ltd
TSE:9531
1.4T JPY 0.5 6.3 4.4 7.1
HK
Kunlun Energy Company Ltd
HKEX:135
63.1B HKD 0.3 10.3 2.7 2.7

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