China Gas Holdings Ltd banner

China Gas Holdings Ltd
XMUN:EBZ

Watchlist Manager
China Gas Holdings Ltd Logo
China Gas Holdings Ltd
XMUN:EBZ
Watchlist
Price: 0.79 EUR -1.25% Market Closed
Market Cap: €8.3B

EV/EBIT

12.1
Current
4%
More Expensive
vs 3-y median of 11.6

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
12.1
=
Enterprise Value
€73.2B
/
EBIT
HK$5.6B

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
12.1
=
Enterprise Value
€73.2B
/
EBIT
HK$5.6B

Valuation Scenarios

China Gas Holdings Ltd is trading above its 3-year average

If EV/EBIT returns to its 3-Year Average (11.6), the stock would be worth €0.76 (4% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-15%
Maximum Upside
+3%
Average Downside
6%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 12.1 €0.79
0%
3-Year Average 11.6 €0.76
-4%
5-Year Average 11 €0.72
-9%
Industry Average 12.4 €0.81
+3%
Country Average 10.3 €0.67
-15%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
€73.2B
/
Oct 2025
HK$5.6B
=
12.1
Current
€73.2B
/
Mar 2026
HK$6.3B
=
11.7
Forward
€73.2B
/
Mar 2027
HK$6.4B
=
11.4
Forward
€73.2B
/
Mar 2028
HK$6.6B
=
11
Forward
€73.2B
/
Mar 2029
HK$8.1B
=
9.1
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
HK
China Gas Holdings Ltd
XMUN:EBZ
39.7B EUR 12.1 14.1
US
Atmos Energy Corp
NYSE:ATO
30.9B USD 24.8 24.7
ES
Naturgy Energy Group SA
MAD:NTGY
25B EUR 9.4 12.2
IT
Snam SpA
MIL:SRG
22.3B EUR 19 17.2
HK
Hong Kong and China Gas Co Ltd
HKEX:3
135.1B HKD 21 23.8
JP
Osaka Gas Co Ltd
TSE:9532
2.4T JPY 15.6 12.9
JP
Tokyo Gas Co Ltd
TSE:9531
2.4T JPY 16.4 11.5
IT
Italgas SpA
MIL:IG
10.4B EUR 16.1 15.6
CA
AltaGas Ltd
TSX:ALA
15.4B CAD 18.9 20.4
IN
GAIL (India) Ltd
NSE:GAIL
1T INR 12.2 12
CN
ENN Natural Gas Co Ltd
SSE:600803
64.9B CNY 6.7 13.9

Market Distribution

Lower than 87% of companies in Hong Kong
Percentile
13th
Based on 1 277 companies
13th percentile
2
Low
0 — 5.4
Typical Range
5.4 — 15.8
High
15.8 —
Distribution Statistics
Hong Kong
Min 0
30th Percentile 5.4
Median 10.3
70th Percentile 15.8
Max 9 749.3

China Gas Holdings Ltd
Glance View

Market Cap
8.3B EUR
Industry
Utilities

China Gas Holdings Ltd. is a pivotal player in the energy sector, strategically positioned to harness the growing urbanization and industrialization of China. Founded as a purveyor of natural gas services, the company has crafted its success story through a robust business model centered around the procurement, distribution, and sale of natural gas and other energy solutions. At its core, China Gas operates an extensive network of gas pipelines, feeding residential, commercial, and industrial consumers, thus playing a critical role in meeting China's escalating energy demands. By capitalizing on both municipal and provincial energy infrastructure projects, China Gas secures long-term growth and strengthens its market presence. Through strategic investments and partnerships, China Gas Holdings has diversified its portfolio to include liquefied petroleum gas (LPG) distribution and recently ventured into renewable energy initiatives. This diversification not only hedges against market volatility but also aligns with China's environmental policies and transition towards cleaner energy sources. The company generates revenue through city gas projects which involve the development and operation of gas networks, leveraging cost-effective procurement and efficient distribution systems to optimize margins. By maintaining a balance between traditional and innovative energy solutions, China Gas continues to sustain its financial health, contributing to its commendable position within China's expansive energy landscape.

EBZ Intrinsic Value
1.5 EUR
Undervaluation 47%
Intrinsic Value
Price €0.79
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett