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Hong Kong and China Gas Co (Hong Kong and China Gas Co) Enterprise Value : $21,142 Mil (As of Apr. 27, 2024)


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What is Hong Kong and China Gas Co Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Hong Kong and China Gas Co's Enterprise Value is $21,142 Mil. Hong Kong and China Gas Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,456 Mil. Therefore, Hong Kong and China Gas Co's EV-to-EBIT ratio for today is 14.52.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Hong Kong and China Gas Co's Enterprise Value is $21,142 Mil. Hong Kong and China Gas Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $1,909 Mil. Therefore, Hong Kong and China Gas Co's EV-to-EBITDA ratio for today is 11.08.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Hong Kong and China Gas Co's Enterprise Value is $21,142 Mil. Hong Kong and China Gas Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $7,284 Mil. Therefore, Hong Kong and China Gas Co's EV-to-Revenue ratio for today is 2.90.


Hong Kong and China Gas Co Enterprise Value Historical Data

The historical data trend for Hong Kong and China Gas Co's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hong Kong and China Gas Co Enterprise Value Chart

Hong Kong and China Gas Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38,546.52 33,022.33 36,271.94 24,509.54 20,923.02

Hong Kong and China Gas Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36,271.94 27,705.33 24,509.54 23,179.54 20,923.02

Competitive Comparison of Hong Kong and China Gas Co's Enterprise Value

For the Utilities - Regulated Gas subindustry, Hong Kong and China Gas Co's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hong Kong and China Gas Co's Enterprise Value Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hong Kong and China Gas Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Hong Kong and China Gas Co's Enterprise Value falls into.



Hong Kong and China Gas Co Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Hong Kong and China Gas Co's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Hong Kong and China Gas Co's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hong Kong and China Gas Co  (OTCPK:HOKCY) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Hong Kong and China Gas Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=21141.888/1455.738
=14.52

Hong Kong and China Gas Co's current Enterprise Value is $21,142 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hong Kong and China Gas Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,456 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Hong Kong and China Gas Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=21141.888/1908.55
=11.08

Hong Kong and China Gas Co's current Enterprise Value is $21,142 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hong Kong and China Gas Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $1,909 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Hong Kong and China Gas Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=21141.888/7283.757
=2.90

Hong Kong and China Gas Co's current Enterprise Value is $21,142 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hong Kong and China Gas Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $7,284 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hong Kong and China Gas Co Enterprise Value Related Terms

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Hong Kong and China Gas Co (Hong Kong and China Gas Co) Business Description

Traded in Other Exchanges
Address
363 Java Road, 23rd Floor, North Point, Hong Kong, HKG
Hong Kong and China Gas Co Ltd, is the oldest public utility company in Hong Kong. The company's core business comprises the production and distribution of town gas in Hong Kong, with a monopoly on distribution and retail. In the mainland, the company has a gas distribution business with 267 projects across 26 provinces. HKCG is also investing in water, upstream gas, and new energies. The business mix is approximately 90% gas utilities and 10% new energy. HKCG also holds a 15.8% stake in International Financial Center, a Grade A office building in the Hong Kong central business district.

Hong Kong and China Gas Co (Hong Kong and China Gas Co) Headlines

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