HGKGF (Power Assets Holdings) EV-to-EBIT: 6.71 (As of Aug. 13, 2026) — 55% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HGKGF Power Assets Holdings Ltd HGKGF
91 GF Score
Price $8.57
GF Value $7.83
! 4 Warning Signs
View Full Analysis

What is Power Assets Holdings EV-to-EBIT?

Power Assets Holdings HGKGF 91 EV-to-EBIT is 6.71 as of Aug. 13, 2026, which is 55% below its 10-year median of 14.83. GuruFocus rates HGKGF with a GF Score™ of 91/100 and a GF Value™ of $7.83. The stock has 4 warning signs investors should review. Among 346 Utilities - Independent Power Producers companies, Power Assets Holdings ranks worse than 51.45% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Power Assets Holdings's Enterprise Value is $15,719.4 Mil. Power Assets Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $2,343.2 Mil. Therefore, Power Assets Holdings's EV-to-EBIT for today is 6.71.

The historical rank and industry rank for Power Assets Holdings's EV-to-EBIT or its related term are showing as below:

HGKGF' s EV-to-EBIT Range Over the Past 10 Years
Min: 10.6   Med: 14.83   Max: 20.86
Current: 18.46

During the past 13 years, the highest EV-to-EBIT of Power Assets Holdings was 20.86. The lowest was 10.60. And the median was 14.83.

HGKGF's EV-to-EBIT is ranked worse than
51.45% of 346 companies
in the Utilities - Independent Power Producers industry
Industry Median: 18.075 vs HGKGF: 18.46

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Power Assets Holdings's Enterprise Value for the quarter that ended in Dec. 2025 was $14,273.3 Mil. Power Assets Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $2,343.2 Mil. Power Assets Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 16.42%.


Power Assets Holdings  (OTCPK:HGKGF) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Power Assets Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2025 ) =EBIT / Enterprise Value (Q: Dec. 2025 )
=2343.164/14273.25125
=16.42 %

Power Assets Holdings's Enterprise Value for the quarter that ended in Dec. 2025 was $14,273.3 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Power Assets Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $2,343.2 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.


Power Assets Holdings EV-to-EBIT Related Terms


Power Assets Holdings EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Power Assets Holdings's EV-to-EBIT 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 EV-to-EBIT Chart

Power Assets Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.03 14.89 14.91 17.73 17.74

Power Assets Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
EV-to-EBIT 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 0.00 17.73 0.00 17.74 0.00

HGKGF vs CEG, VST, NRG: EV-to-EBIT Comparison

For the Utilities - Independent Power Producers subindustry, Power Assets Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Power Assets Holdings EV-to-EBIT vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Power Assets Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Power Assets Holdings's EV-to-EBIT falls into.


HGKGF
91GF Score
Power Assets Holdings Ltd HGKGF
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Power Assets Holdings EV-to-EBIT Calculation

Power Assets Holdings's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=15719.406/2343.164
=6.71

Power Assets Holdings's current Enterprise Value is $15,719.4 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Power Assets Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $2,343.2 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 6.71 mean?
Power Assets Holdings (HGKGF) has a EV-to-EBIT of 6.71 as of Aug. 13, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Power Assets Holdings and its competitors. This is 55% below median its historical median of 14.83. Over the past decade, Power Assets Holdings' EV-to-EBIT has ranged from 10.60 to 20.86. According to the industry distribution chart, Power Assets Holdings ranks #178 out of 346 companies in the Utilities - Independent Power Producers industry, placing it in the top 51.4%.
Is Power Assets Holdings' EV-to-EBIT too high?
Power Assets Holdings' current EV-to-EBIT of 6.71 is 55% below median its 10-year median of 14.83. Over the past 10 years, this metric has ranged from a low of 10.60 to a high of 20.86. The Utilities - Independent Power Producers industry median EV-to-EBIT is 18.08. Power Assets Holdings' value of 6.71 is 62.9% below this industry median. Based on the distribution chart, Power Assets Holdings ranks #178 out of 346 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Power Assets Holdings has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Power Assets Holdings' EV-to-EBIT compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Power Assets Holdings ranks #178 out of 346 companies for EV-to-EBIT. This places Power Assets Holdings in the lower half of its industry. The industry median EV-to-EBIT is 18.08. Power Assets Holdings' value of 6.71 is 62.9% below this benchmark. Historically, Power Assets Holdings' own EV-to-EBIT has ranged from 10.60 to 20.86 over the past decade. While the company's 10-year median is 14.83 vs. the industry median of 18.08, Power Assets Holdings has consistently been below 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 EV-to-EBIT for an Utilities - Independent Power Producers company?
The median EV-to-EBIT among Utilities - Independent Power Producers companies is 18.08, based on 346 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Power Assets Holdings's current EV-to-EBIT of 6.71 is 62.9% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Power Assets Holdings and its competitors. For the Utilities - Independent Power Producers industry, the median EV-to-EBIT is 18.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Power Assets Holdings's current EV-to-EBIT is 6.71, which is 55% below median its own 10-year median of 14.83. 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?
Power Assets Holdings (HGKGF) has a current EV-to-EBIT of 6.71. The stock's GF Value™ is $7.83, compared to a current price of $8.57 — trading 9.5% above its estimated fair value. The current EV-to-EBIT is 6.71, which is 55% below median its 10-year median of 14.83 and 62.9% below the Utilities - Independent Power Producers industry median of 18.08. Power Assets Holdings' overall GF Score™ is 91/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Power Assets Holdings (HGKGF), the current EV-to-EBIT is 6.71 as of Aug. 13, 2026. 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 9.5% above its estimated GF Value™ of $7.83.

Key valuation signals for HGKGF:

  • EV-to-EBIT: 6.71 (55% below median its 10-year median of 14.83)
  • GF Value™: $7.83 vs. price of $8.57 (9.5% above fair value)
  • GF Score™: 91/100 with 4 warning signs
  • Industry Position: 62.9% below the Utilities - Independent Power Producers median (#178 of 346)

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.
91GF Score

Get the complete analysis for HGKGF

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.57
Price
$7.83
GF Value