Mahanagar Gas (BOM:539957) EV-to-FCF: (As of Aug. 12, 2026)

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BOM:539957 Mahanagar Gas Ltd BOM:539957
95 GF Score
Price ₹1,134.05
GF Value ₹1,609.53
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Mahanagar Gas EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Mahanagar Gas's Enterprise Value is ₹102,807 Mil. Mahanagar Gas's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was ₹0 Mil. Therefore, Mahanagar Gas's EV-to-FCF for today is .

The historical rank and industry rank for Mahanagar Gas's EV-to-FCF or its related term are showing as below:

BOM:539957' s EV-to-FCF Range Over the Past 10 Years
Min: 0   Med: 0   Max: 118.59
Current: 118.59

During the past 13 years, the highest EV-to-FCF of Mahanagar Gas was 118.59. The lowest was 0.00. And the median was 0.00.

BOM:539957's EV-to-FCF is ranked worse than
92.72% of 302 companies
in the Utilities - Regulated industry
Industry Median: 18.755 vs BOM:539957: 118.59

EV-to-FCF 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.

As of today (2026-08-12), Mahanagar Gas's stock price is ₹1134.05. Mahanagar Gas's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹72.420. Therefore, Mahanagar Gas's PE Ratio (TTM) for today is 15.66.


Mahanagar Gas  (BOM:539957) EV-to-FCF Explanation

EV-to-FCF 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.

Mahanagar Gas's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1134.05/72.420
=15.66

Mahanagar Gas's share price for today is ₹1134.05.
Mahanagar Gas's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹72.420.

* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Mahanagar Gas EV-to-FCF Related Terms


Mahanagar Gas EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Mahanagar Gas's EV-to-FCF 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.

Mahanagar Gas EV-to-FCF Chart

Mahanagar Gas Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.54 32.39 15.53 56.21 95.05

Mahanagar Gas Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-FCF 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 0.00 0.00 95.05 0.00

BOM:539957 vs ATO, NI, UGI: EV-to-FCF Comparison

For the Utilities - Regulated Gas subindustry, Mahanagar Gas's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.


Mahanagar Gas EV-to-FCF vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Mahanagar Gas's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Mahanagar Gas's EV-to-FCF falls into.


BOM:539957
95GF Score
Mahanagar Gas Ltd BOM:539957
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mahanagar Gas EV-to-FCF Calculation

Mahanagar Gas's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=102807.034/0
=

Mahanagar Gas's current Enterprise Value is ₹102,807 Mil.
Mahanagar Gas's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 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.

Is Mahanagar Gas (BOM:539957) Overvalued in 2026?

Based on GuruFocus' analysis, Mahanagar Gas stock appears to be undervalued. The current stock price of ₹1,134.05 is trading 29.5% below its estimated GF Value™ of ₹1,609.53. GuruFocus considers Mahanagar Gas to be Significantly Undervalued.

Key valuation signals for BOM:539957:

  • EV-to-FCF:
  • GF Value™: ₹1,609.53 vs. price of ₹1,134.05 (29.5% below fair value)
  • GF Score™: 95/100 with 5 warning signs

No single metric tells the full story. See the BOM:539957 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mahanagar Gas Business Description

Other Exchanges MGL:India
Address Block No. G-33, Bandra-Kurla Complex, MGL House, Bandra (East), Mumbai, MH, IND, 400051
Mahanagar Gas Ltd is an India-based natural gas distribution company. It distributes natural gas through the City Gas Distribution network of pipelines. It distributes compressed natural gas (CNG) for use in vehicles and piped natural gas (PNG) for domestic household, commercial, and industrial use, and to transport sector customers as well. The company operates under the business segment of the sale of natural gas. Its business operations are principally carried out in India. The company generates revenue by selling natural gas, of which the sale of CNG accounts majorly for the total gas sales revenue.
95GF Score

Get the complete analysis for BOM:539957

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

₹1,134.05
Price
₹1,609.53
GF Value