Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Hong Kong and China Gas Co's Enterprise Value is $24,145 Mil.
Hong Kong and China Gas Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $1,353 Mil. Therefore, Hong Kong and China Gas Co's EV-to-EBIT ratio for today is 17.84.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Hong Kong and China Gas Co (OTCPK:HOKCF) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Hong Kong and China Gas Co's EV-to-EBIT for today is
Hong Kong and China Gas Co's current Enterprise Value is $24,145 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hong Kong and China Gas Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $1,353 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Hong Kong and China Gas Co's EV-to-EBITDA for today is:
Hong Kong and China Gas Co's current Enterprise Value is $24,145 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hong Kong and China Gas Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $1,840 Mil.
Hong Kong and China Gas Co's current Enterprise Value is $24,145 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hong Kong and China Gas Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was $6,952 Mil.
Hong Kong and China Gas Co's current Enterprise Value is $24,145 Mil.
For company reported semi-annually or 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.
Hong Kong and China Gas Co's current Enterprise Value is $24,145 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hong Kong and China Gas Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was $691 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 Enterprise Value Related Terms
Hong Kong and China Gas Co Enterprise Value 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 Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Hong Kong and China Gas Co's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Hong Kong and China Gas Co's Enterprise Value falls into.
Hong Kong and China Gas Co Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Hong Kong and China Gas Co's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Enterprise Value of $24,145 Mil as of Jun. 28, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Hong Kong and China Gas Co and its competitors.
Is Hong Kong and China Gas Co's Enterprise Value too high?
Hong Kong and China Gas Co's current Enterprise Value is $24,145 Mil. Overall, Hong Kong and China Gas Co has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hong Kong and China Gas Co's Enterprise Value compare to ATO and NI?
Hong Kong and China Gas Co's Enterprise Value of $24,145 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Utilities - Regulated company?
A good Enterprise Value depends on the Utilities - Regulated industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Hong Kong and China Gas Co and its competitors. Hong Kong and China Gas Co's current Enterprise Value is $24,145 Mil. 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 Fairly Valued. The stock's GF Value™ is $0.84, compared to a current price of $0.90 — trading 7.5% above its estimated fair value. The current Enterprise Value is $24,145 Mil. Hong Kong and China Gas Co's overall GF Score™ is 52/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Hong Kong and China Gas Co (HOKCF), the current Enterprise Value is $24,145 Mil as of Jun. 28, 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 $0.90 is trading 7.5% above its estimated GF Value™ of $0.84.
GuruFocus considers Hong Kong and China Gas Co to be Fairly Valued.
Key valuation signals for HOKCF:
Enterprise Value: $24,145 Mil
GF Value™: $0.84 vs. price of $0.90 (7.5% above fair value)
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.
52GF Score
Get the complete analysis for HOKCF
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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