Shenzhen Gas Corp Ltd
SSE:601139

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Shenzhen Gas Corp Ltd
SSE:601139
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Price: 6.93 CNY -1.7% Market Closed
Market Cap: ¥19.9B

EV/FCFF

24.8
Current
244%
Cheaper
vs 3-y average of -17.2

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
24.8
=
Enterprise Value
¥30.3B
/
Free Cash Flow to Firm
¥1.2B

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
24.8
=
Enterprise Value
¥30.3B
/
Free Cash Flow to Firm
¥1.2B

Valuation Scenarios

Shenzhen Gas Corp Ltd is trading below its industry average

If EV/FCFF returns to its Industry Average (29.2), the stock would be worth ¥8.14 (17% upside from current price).

Statistics
Positive Scenarios
2/2
Maximum Downside
No Downside Scenarios
Maximum Upside
+17%
Average Upside
17%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 24.8 ¥6.93
0%
Industry Average 29.2 ¥8.14
+17%
Country Average 28.8 ¥8.03
+16%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
CN
Shenzhen Gas Corp Ltd
SSE:601139
19.9B CNY 24.8 14.2
US
Atmos Energy Corp
NYSE:ATO
31.4B USD -25 25.2
ES
Naturgy Energy Group SA
MAD:NTGY
24.9B EUR 14.5 12.3
IT
Snam SpA
MIL:SRG
22.2B EUR -1 724.9 17.8
HK
Hong Kong and China Gas Co Ltd
HKEX:3
134.9B HKD 42.6 23.7
JP
Tokyo Gas Co Ltd
TSE:9531
2.5T JPY 23.5 10.9
JP
Osaka Gas Co Ltd
TSE:9532
2.2T JPY 21 12
IT
Italgas SpA
MIL:IG
10.3B EUR 38 15.6
CA
AltaGas Ltd
TSX:ALA
15.8B CAD -65.7 21.3
IN
GAIL (India) Ltd
NSE:GAIL
1.1T INR 19.4 12.4
CN
ENN Natural Gas Co Ltd
SSE:600803
62.7B CNY 12.3 13.4

Market Distribution

In line with most companies in China
Percentile
46th
Based on 4 731 companies
46th percentile
24.8
Low
0 — 14.5
Typical Range
14.5 — 57
High
57 —
Distribution Statistics
China
Min 0
30th Percentile 14.5
Median 28.8
70th Percentile 57
Max 307 555.7

Shenzhen Gas Corp Ltd
Glance View

Market Cap
19.9B CNY
Industry
Utilities

Shenzhen Gas Corp Ltd., a stalwart in China's thriving energy sector, has woven itself into the fabric of urban daily life, enabling the smooth function of households and industries alike. Founded in the bustling metropolis of Shenzhen, the company capitalizes on the city’s rapid urbanization and the increasing demand for cleaner energy sources. At the heart of its operations, Shenzhen Gas efficiently manages the procurement, transportation, and distribution of natural gas. It caters to a diverse clientele that ranges from individual households to large-scale industrial entities. The company has developed a robust infrastructure network that ensures the seamless supply of gas across its service areas, supplemented by strategic partnerships with international gas suppliers, thereby fortifying its position amidst growing competition. Shenzhen Gas’s business model is designed around long-term sustainability and adaptability, riding the tides of China's energy policy shifts towards greener alternatives. In addition to natural gas distribution, the company is actively exploring renewable energy projects and technological innovations aimed at enhancing energy efficiency. A noteworthy aspect of its revenue generation strategy lies in its customer-centric approach, providing a repertoire of services such as gas appliance sales, maintenance services, and energy management solutions, thereby creating a multi-faceted stream of income. The corporation’s financial health is supported by a steady revenue base from gas sales, often characterized by contracts that ensure predictable cash flows. As Shenzhen continues to grow and industries seek more sustainable energy options, Shenzhen Gas Corp Ltd. stands as a key player, balancing energy demands with the imperatives of environmental stewardship.

Intrinsic Value
11.48 CNY
Undervaluation 40%
Intrinsic Value
Price ¥6.93
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