Hong Kong and China Gas Co (FRA:HCG) EBITDA Margin %: 26.32% (As of Dec. 2025) — 10% Below Median


FRA:HCG Hong Kong and China Gas Co Ltd FRA:HCG
83 GF Score
Price €0.74
GF Value €0.68
Valuation Fairly Valued
! 7 Warning Signs
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What is Hong Kong and China Gas Co EBITDA Margin %?

Hong Kong and China Gas Co FRA:HCG +0.05% 83 EBITDA Margin % is 26.32% as of Dec. 2025, which is 10% below its 10-year median of 29.28. GuruFocus rates FRA:HCG with a GF Score™ of 83/100 and a GF Value™ of €0.68 (Fairly Valued). The stock has 7 warning signs investors should review. Among 499 Utilities - Regulated companies, Hong Kong and China Gas Co ranks better than 53.71% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Hong Kong and China Gas Co's EBITDA for the six months ended in Dec. 2025 was €775 Mil. Hong Kong and China Gas Co's Revenue for the six months ended in Dec. 2025 was €2,943 Mil. Therefore, Hong Kong and China Gas Co's EBITDA margin for the quarter that ended in Dec. 2025 was 26.32%.


Hong Kong and China Gas Co  (FRA:HCG) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Hong Kong and China Gas Co EBITDA Margin % Related Terms


Hong Kong and China Gas Co EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Hong Kong and China Gas Co's EBITDA Margin % 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.

Hong Kong and China Gas Co EBITDA Margin % Chart

Hong Kong and China Gas Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.41 22.12 26.22 25.81 26.47

Hong Kong and China Gas Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBITDA Margin % 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 22.85 27.18 24.46 26.62 26.32

FRA:HCG vs ATO, NI: EBITDA Margin % Comparison

For the Utilities - Regulated Gas subindustry, Hong Kong and China Gas Co's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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 EBITDA Margin % vs Utilities - Regulated Industry

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

* The bar in red indicates where Hong Kong and China Gas Co's EBITDA Margin % falls into.


FRA:HCG
83GF Score
Hong Kong and China Gas Co Ltd FRA:HCG
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hong Kong and China Gas Co EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Hong Kong and China Gas Co's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1578.377/5962.711
=26.47 %

Hong Kong and China Gas Co's EBITDA Margin % for the quarter that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=774.547/2942.825
=26.32 %

* 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.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 26.32% mean?
Hong Kong and China Gas Co (FRA:HCG) has a EBITDA Margin % of 26.32% as of Dec. 2025. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Hong Kong and China Gas Co and its competitors. This is 10% below median its historical median of 29.28. Over the past decade, Hong Kong and China Gas Co's EBITDA Margin % has ranged from 22.12 to 46.49. According to the industry distribution chart, Hong Kong and China Gas Co ranks #231 out of 499 companies in the Utilities - Regulated industry, placing it in the top 46.3%.
Is Hong Kong and China Gas Co's EBITDA Margin % too high?
Hong Kong and China Gas Co's current EBITDA Margin % of 26.32% is 10% below median its 10-year median of 29.28. Over the past 10 years, this metric has ranged from a low of 22.12 to a high of 46.49. The Utilities - Regulated industry median EBITDA Margin % is 23.94. Hong Kong and China Gas Co's value of 26.32% is 9.9% above this industry median. Based on the distribution chart, Hong Kong and China Gas Co ranks #231 out of 499 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Hong Kong and China Gas Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hong Kong and China Gas Co's EBITDA Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Hong Kong and China Gas Co ranks #231 out of 499 companies for EBITDA Margin %. This puts Hong Kong and China Gas Co in the upper half of its industry. The industry median EBITDA Margin % is 23.94. Hong Kong and China Gas Co's value of 26.32% is 9.9% above this benchmark. Historically, Hong Kong and China Gas Co's own EBITDA Margin % has ranged from 22.12 to 46.49 over the past decade. While the company's 10-year median is 29.28 vs. the industry median of 23.94, Hong Kong and China Gas Co 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 EBITDA Margin % for an Utilities - Regulated company?
The median EBITDA Margin % among Utilities - Regulated companies is 23.94, based on 499 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hong Kong and China Gas Co's current EBITDA Margin % of 26.32% is 9.9% 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 EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Hong Kong and China Gas Co and its competitors. For the Utilities - Regulated industry, the median EBITDA Margin % is 23.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hong Kong and China Gas Co's current EBITDA Margin % is 26.32%, which is 10% below median its own 10-year median of 29.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Kong and China Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Hong Kong and China Gas Co (FRA:HCG) is currently considered Fairly Valued. The stock's GF Value™ is €0.68, compared to a current price of €0.74 — trading 8.2% above its estimated fair value. The current EBITDA Margin % is 26.32%, which is 10% below median its 10-year median of 29.28 and 9.9% above the Utilities - Regulated industry median of 23.94. Hong Kong and China Gas Co's overall GF Score™ is 83/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Hong Kong and China Gas Co (FRA:HCG), the current EBITDA Margin % is 26.32% 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 Hong Kong and China Gas Co (FRA:HCG) Overvalued in 2026?

Based on GuruFocus' analysis, Hong Kong and China Gas Co stock appears to be overvalued. The current stock price of €0.74 is trading 8.2% above its estimated GF Value™ of €0.68. GuruFocus considers Hong Kong and China Gas Co to be Fairly Valued.

Key valuation signals for FRA:HCG:

  • EBITDA Margin %: 26.32% (10% below median its 10-year median of 29.28)
  • GF Value™: €0.68 vs. price of €0.74 (8.2% above fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 9.9% above the Utilities - Regulated median (#231 of 499)

No single metric tells the full story. See the FRA:HCG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hong Kong and China Gas Co Business Description

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. The company is also investing in water, upstream gas, and new energies. The Group's principal activities are the production, distribution, and marketing of gas and related products or services, water supply and waste treatment, renewable energy businesses, extended businesses, and fuels businesses (Green Fuels) in Hong Kong and the Chinese mainland. The company operates in three segments: Gas, water and waste treatment, renewable energy, extended businesses, and related businesses, Green Fuels, and Property.
83GF Score

Get the complete analysis for FRA:HCG

EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.74
Price
€0.68
GF Value