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Hong Kong and China Gas CoHOKCF 40 EV-to-OCF is 18.19 as of Aug. 12, 2026, which is 27% below its 10-year median of 25.05. GuruFocus rates HOKCF with a GF Score™ of 40/100 and a GF Value™ of $0.77 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 505 Utilities - Regulated companies, Hong Kong and China Gas Co ranks worse than 78.22% on this metric.
The historical rank and industry rank for Hong Kong and China Gas Co's EV-to-OCF or its related term are showing as below:
HOKCF'
s EV-to-OCF Range Over the Past 10 Years
Min: 14.75 Med: 25.05 Max: 36.01
Current: 18.26
During the past 13 years, the highest EV-to-OCF of Hong Kong and China Gas Co was 36.01. The lowest was 14.75. And the median was 25.05.
HOKCF's EV-to-OCF is ranked worse than 78.22% of 505
companies
in the Utilities - Regulated industry
Industry Median: 10.55
vs HOKCF: 18.26
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Hong Kong and China Gas Co (OTCPK:HOKCF) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Hong Kong and China Gas Co's PE Ratio (TTM) for today is calculated as:
Hong Kong and China Gas Co's share price for today is $0.86875.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hong Kong and China Gas Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $0.039.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Hong Kong and China Gas Co EV-to-OCF Related Terms
Hong Kong and China Gas Co EV-to-OCF 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, Hong Kong and China Gas Co's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Hong Kong and China Gas Co's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Hong Kong and China Gas Co's EV-to-OCF falls into.
Hong Kong and China Gas Co's current Enterprise Value is $24,509 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hong Kong and China Gas Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $1,348 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 (HOKCF) has a EV-to-OCF of 18.19 as of Aug. 12, 2026. This is 27% below median its historical median of 25.05. Over the past decade, Hong Kong and China Gas Co's EV-to-OCF has ranged from 14.75 to 36.01. According to the industry distribution chart, Hong Kong and China Gas Co ranks #395 out of 505 companies in the Utilities - Regulated industry, placing it in the top 78.2%.
Is Hong Kong and China Gas Co's EV-to-OCF too high?
Hong Kong and China Gas Co's current EV-to-OCF of 18.19 is 27% below median its 10-year median of 25.05. Over the past 10 years, this metric has ranged from a low of 14.75 to a high of 36.01. The Utilities - Regulated industry median EV-to-OCF is 10.55. Hong Kong and China Gas Co's value of 18.19 is 72.4% above this industry median. Based on the distribution chart, Hong Kong and China Gas Co ranks #395 out of 505 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Hong Kong and China Gas Co has a GF Score™ of 40/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hong Kong and China Gas Co's EV-to-OCF compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Hong Kong and China Gas Co ranks #395 out of 505 companies for EV-to-OCF. This places Hong Kong and China Gas Co in the lower half of its industry. The industry median EV-to-OCF is 10.55. Hong Kong and China Gas Co's value of 18.19 is 72.4% above this benchmark. Historically, Hong Kong and China Gas Co's own EV-to-OCF has ranged from 14.75 to 36.01 over the past decade. While the company's 10-year median is 25.05 vs. the industry median of 10.55, 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 EV-to-OCF for an Utilities - Regulated company?
The median EV-to-OCF among Utilities - Regulated companies is 10.55, based on 505 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF 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 EV-to-OCF of 18.19 is 72.4% 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Utilities - Regulated industry, the median EV-to-OCF is 10.55 — 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 EV-to-OCF is 18.19, which is 27% below median its own 10-year median of 25.05. 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 (HOKCF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.77, compared to a current price of $0.87 — trading 12.8% above its estimated fair value. The current EV-to-OCF is 18.19, which is 27% below median its 10-year median of 25.05 and 72.4% above the Utilities - Regulated industry median of 10.55. Hong Kong and China Gas Co's overall GF Score™ is 40/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Hong Kong and China Gas Co (HOKCF), the current EV-to-OCF is 18.19 as of Aug. 12, 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 Hong Kong and China Gas Co (HOKCF) Overvalued in 2026?
Based on GuruFocus' analysis, Hong Kong and China Gas Co stock appears to be overvalued.
The current stock price of $0.87 is trading 12.8% above its estimated GF Value™ of $0.77.
GuruFocus considers Hong Kong and China Gas Co to be Modestly Overvalued.
Key valuation signals for HOKCF:
EV-to-OCF: 18.19 (27% below median its 10-year median of 25.05)
GF Value™: $0.77 vs. price of $0.87 (12.8% above fair value)
Industry Position: 72.4% above the Utilities - Regulated median (#395 of 505)
No single metric tells the full story. See the HOKCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
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