HGKGF (Power Assets Holdings) EBITDA per Share: $0.40 (TTM As of Dec. 2025)


HGKGF Power Assets Holdings Ltd HGKGF
67 GF Score
Price $8.57
GF Value $4.13
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Power Assets Holdings EBITDA per Share?

Power Assets Holdings HGKGF 67 EBITDA per Share is $0.40 as of Dec. 2025. GuruFocus rates HGKGF with a GF Score™ of 67/100 and a GF Value™ of $4.13 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 350 Utilities - Independent Power Producers companies, Power Assets Holdings ranks better than 53.14% on this metric.

Power Assets Holdings's EBITDA per Share for the six months ended in Dec. 2025 was $0.21. Its EBITDA per Share for the trailing twelve months (TTM) ended in Dec. 2025 was $0.40.

During the past 12 months, the average EBITDA per Share Growth Rate of Power Assets Holdings was 2.50% per year. During the past 3 years, the average EBITDA per Share Growth Rate was 4.00% per year. During the past 5 years, the average EBITDA per Share Growth Rate was 1.30% per year. During the past 10 years, the average EBITDA per Share Growth Rate was -2.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA per Share growth rate using EBITDA per Share data.

The historical rank and industry rank for Power Assets Holdings's EBITDA per Share or its related term are showing as below:

HGKGF' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: -47.9   Med: 0.6   Max: 71
Current: 4

During the past 13 years, the highest 3-Year average EBITDA per Share Growth Rate of Power Assets Holdings was 71.00% per year. The lowest was -47.90% per year. And the median was 0.60% per year.

HGKGF's 3-Year EBITDA Growth Rate is ranked better than
53.14% of 350 companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.95 vs HGKGF: 4.00

Power Assets Holdings's EBITDA for the six months ended in Dec. 2025 was $439.9 Mil.

During the past 12 months, the average EBITDA Growth Rate of Power Assets Holdings was 2.50% per year. During the past 3 years, the average EBITDA Growth Rate was 4.00% per year. During the past 5 years, the average EBITDA Growth Rate was 1.30% per year. During the past 10 years, the average EBITDA Growth Rate was -2.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA Growth Rate using EBITDA data.

During the past 13 years, the highest 3-Year average EBITDA Growth Rate of Power Assets Holdings was 71.00% per year. The lowest was -47.90% per year. And the median was 0.60% per year.


Power Assets Holdings  (OTCPK:HGKGF) EBITDA per Share Explanation

EBITDA is a cash flow measure that ignores changes in working capital. EBITDA minus Depreciation, and Amortization (DA) equals EBIT. EBIT is profit before interest and taxes. Of course, Interest and taxes need to be paid.

While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. EBITDA is not a measure of profit in any sense. EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.

The EBITDA of a TV station is largely discretionary. Owners may use much of the EBITDA generated by a TV station as they see fit. The EBITDA of a railroad is largely non-discretionary. Owners must use much of the EBITDA generated by a railroad to replace the physical assets of the railroad or the business will literally fall apart over time.

EBITDA can be thought of as the cash a business generates that is available to:

Add more inventory
Add more receivables
Replace property, plant, and equipment
Add more property, plant, and equipment
Pay interest
Pay taxes
And finally: pay owners

EBITDA is widely used in financial analysis because Depreciation and Amortization are not present day cash expenses. Depreciation and amortization are the spreading out of the costs of assets over the time in which those assets provide benefits. Today's depreciation and amortization expenses relate to assets bought in the past. The assets being expensed may or may not need to be replaced in the future. And the cost to replace the assets may be more or less than it was in the past. For this reason, the depreciation and amortization expenses a company records in the present year may have no relationship to the actual cash costs needed to maintain its assets in future years.

A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices.

Analysts use EBITDA to remove this element of personal choice from a company's accounting statements. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform.


Be Aware

Although depreciation is not a cash cost, it is a real business cost because the company has to pay for the fixed assets when they purchase them. Both Warren Buffett and Charlie Munger hate the idea of EBITDA because in this calculation, depreciation is not counted as an expense.

EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. For this reason, EBITDA is used in ranking the Predictability of Companies.


Power Assets Holdings EBITDA per Share Related Terms


Power Assets Holdings EBITDA per Share Historical Data

* Premium members only.

The historical data trend for Power Assets Holdings's EBITDA per Share 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.

Power Assets Holdings EBITDA per Share Chart

Power Assets Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.36 0.38 0.39 0.40

Power Assets Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBITDA per Share 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 0.20 0.19 0.20 0.20 0.21
HGKGF
67GF Score
Power Assets Holdings Ltd HGKGF
EBITDA per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Power Assets Holdings EBITDA per Share Calculation

EBITDA per Share is the amount of Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) per outstanding share of the company's stock.

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

Power Assets Holdings's EBITDA per Share for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA per Share(A: Dec. 2025 )
=EBITDA/Shares Outstanding (Diluted Average)
=859.295/2131.105
=0.40

Power Assets Holdings's EBITDA per Share for the quarter that ended in Dec. 2025 is calculated as

EBITDA per Share(Q: Dec. 2025 )
=EBITDA/Shares Outstanding (Diluted Average)
=439.929/2131.105
=0.21

EBITDA per Share for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.40

* 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 per Share →
What does a EBITDA per Share of $0.40 mean?
Power Assets Holdings (HGKGF) has a EBITDA per Share of $0.40 as of Dec. 2025. EBITDA per share is the per-share amount of earnings before interest, taxes, depreciation and amortization. View historical data on Power Assets Holdings and its competitors. According to the industry distribution chart, Power Assets Holdings ranks #164 out of 350 companies in the Utilities - Independent Power Producers industry, placing it in the top 46.9%.
Is Power Assets Holdings' EBITDA per Share too high?
Power Assets Holdings' current EBITDA per Share is $0.40. The Utilities - Independent Power Producers industry median EBITDA per Share is 2.95. Power Assets Holdings' value of $0.40 is 86.4% below this industry median. Based on the distribution chart, Power Assets Holdings ranks #164 out of 350 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Power Assets Holdings has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Power Assets Holdings' EBITDA per Share compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Power Assets Holdings ranks #164 out of 350 companies for EBITDA per Share. This puts Power Assets Holdings in the upper half of its industry. The industry median EBITDA per Share is 2.95. Power Assets Holdings' value of $0.40 is 86.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA per Share for an Utilities - Independent Power Producers company?
The median EBITDA per Share among Utilities - Independent Power Producers companies is 2.95, based on 350 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA per Share significantly above this median, while those in the bottom quartile fall well below. However, EBITDA per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Power Assets Holdings's current EBITDA per Share of $0.40 is 86.4% below 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 per Share mean?
A high EBITDA per Share can signal that a stock is expensive relative to its fundamentals. EBITDA per share is the per-share amount of earnings before interest, taxes, depreciation and amortization. View historical data on Power Assets Holdings and its competitors. For the Utilities - Independent Power Producers industry, the median EBITDA per Share is 2.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Power Assets Holdings's current EBITDA per Share is $0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Power Assets Holdings stock overvalued right now?
Based on GuruFocus' analysis, Power Assets Holdings (HGKGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.13, compared to a current price of $8.57 — trading 107.5% above its estimated fair value. The current EBITDA per Share is $0.40 and 86.4% below the Utilities - Independent Power Producers industry median of 2.95. Power Assets Holdings' overall GF Score™ is 67/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA per Share calculated?
EBITDA per Share is calculated from a company's financial statements. For Power Assets Holdings (HGKGF), the current EBITDA per Share is $0.40 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 Power Assets Holdings (HGKGF) Overvalued in 2026?

Based on GuruFocus' analysis, Power Assets Holdings stock appears to be overvalued. The current stock price of $8.57 is trading 107.5% above its estimated GF Value™ of $4.13. GuruFocus considers Power Assets Holdings to be Significantly Overvalued.

Key valuation signals for HGKGF:

  • EBITDA per Share: $0.40
  • GF Value™: $4.13 vs. price of $8.57 (107.5% above fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 86.4% below the Utilities - Independent Power Producers median (#164 of 350)

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


Power Assets Holdings Business Description

Address 2 Queen\'s Road Central, Unit 2005, 20th Floor, Cheung Kong Center, Hong Kong, HKG
Power Assets Holdings is an investment holding company with a focus on regulated utility assets. The firm owns a portfolio of regulated electricity and gas assets and similarly stable utilities in Hong Kong, the UK, Australia, Canada, the Netherlands, Thailand, and New Zealand. Profit from its regulated assets contributes around 80% of total income, with earnings from its UK and Australian assets totaling around 65% of group profit. The firm is part of CK Hutchison Holdings, a Hong Kong-based multinational conglomerate, and is currently 36% owned by CKI Holdings.
67GF Score

Get the complete analysis for HGKGF

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

$8.57
Price
$4.13
GF Value