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China Resources Gas GroupCGASY 65 Debt-to-EBITDA is 4.20 as of Dec. 2025, which is 207% above its 10-year median of 1.37. GuruFocus rates CGASY with a GF Score™ of 65/100 and a GF Value™ of $31.71 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 449 Utilities - Regulated companies, China Resources Gas Group ranks better than 59.47% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for China Resources Gas Group's Debt-to-EBITDA or its related term are showing as below:
CGASY'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.48 Med: 1.37 Max: 3.21
Current: 3.21
During the past 13 years, the highest Debt-to-EBITDA Ratio of China Resources Gas Group was 3.21. The lowest was 0.48. And the median was 1.37.
CGASY's Debt-to-EBITDA is ranked better than 59.47% of 449
companies
in the Utilities - Regulated industry
Industry Median: 4.01
vs CGASY: 3.21
China Resources Gas Group (OTCPK:CGASY) Debt-to-EBITDA Explanation
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
China Resources Gas Group Debt-to-EBITDA Related Terms
China Resources Gas Group Debt-to-EBITDA Historical Data
* 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.
For the Utilities - Regulated Gas subindustry, China Resources Gas Group's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.
China Resources Gas Group Debt-to-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, China Resources Gas Group's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where China Resources Gas Group's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is two times the quarterly (Dec. 2025) EBITDA data.
China Resources Gas Group (CGASY) has a Debt-to-EBITDA of 4.20 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on China Resources Gas Group. This is 207% above median its historical median of 1.37. Over the past decade, China Resources Gas Group's Debt-to-EBITDA has ranged from 0.48 to 3.21. According to the industry distribution chart, China Resources Gas Group ranks #182 out of 449 companies in the Utilities - Regulated industry, placing it in the top 40.5%.
Is China Resources Gas Group's Debt-to-EBITDA too high?
China Resources Gas Group's current Debt-to-EBITDA of 4.20 is 207% above median its 10-year median of 1.37. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 3.21. The Utilities - Regulated industry median Debt-to-EBITDA is 4.01. China Resources Gas Group's value of 4.20 is 4.7% above this industry median. Based on the distribution chart, China Resources Gas Group ranks #182 out of 449 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, China Resources Gas Group has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Resources Gas Group's Debt-to-EBITDA compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, China Resources Gas Group ranks #182 out of 449 companies for Debt-to-EBITDA. This puts China Resources Gas Group in the upper half of its industry. The industry median Debt-to-EBITDA is 4.01. China Resources Gas Group's value of 4.20 is 4.7% above this benchmark. Historically, China Resources Gas Group's own Debt-to-EBITDA has ranged from 0.48 to 3.21 over the past decade. While the company's 10-year median is 1.37 vs. the industry median of 4.01, China Resources Gas Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Utilities - Regulated company?
The median Debt-to-EBITDA among Utilities - Regulated companies is 4.01, based on 449 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Resources Gas Group's current Debt-to-EBITDA of 4.20 is 4.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on China Resources Gas Group. For the Utilities - Regulated industry, the median Debt-to-EBITDA is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Resources Gas Group's current Debt-to-EBITDA is 4.20, which is 207% above median its own 10-year median of 1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Resources Gas Group stock overvalued right now?
Based on GuruFocus' analysis, China Resources Gas Group (CGASY) is currently considered Possible Value Trap. The stock's GF Value™ is $31.71, compared to a current price of $19.68 — trading 37.9% below its estimated fair value. The current Debt-to-EBITDA is 4.20, which is 207% above median its 10-year median of 1.37 and 4.7% above the Utilities - Regulated industry median of 4.01. China Resources Gas Group's overall GF Score™ is 65/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For China Resources Gas Group (CGASY), the current Debt-to-EBITDA is 4.20 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is China Resources Gas Group (CGASY) Overvalued in 2026?
Based on GuruFocus' analysis, China Resources Gas Group stock appears to be undervalued.
The current stock price of $19.68 is trading 37.9% below its estimated GF Value™ of $31.71.
GuruFocus considers China Resources Gas Group to be Possible Value Trap.
Key valuation signals for CGASY:
Debt-to-EBITDA: 4.20 (207% above median its 10-year median of 1.37)
GF Value™: $31.71 vs. price of $19.68 (37.9% below fair value)
Industry Position: 4.7% above the Utilities - Regulated median (#182 of 449)
No single metric tells the full story. See the CGASY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Resources Gas Group is a leading gas utilities group in China engaged in city gas distribution, including piped natural gas distribution and natural gas filling stations. At the end of 2025, CRG's portfolio comprised 275 city gas projects in China. The firm achieved annual gas sales volume of 40.2 billion cubic meters and has connected 62.7 million residential customers.
65GF Score
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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