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EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Zhonghua Gas Holdings's Enterprise Value is HK$306.62 Mil.
Zhonghua Gas Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was HK$86.85 Mil. Therefore, Zhonghua Gas Holdings's EV-to-FCF for today is 3.53.
The historical rank and industry rank for Zhonghua Gas Holdings's EV-to-FCF or its related term are showing as below:
HKSE:08246'
s EV-to-FCF Range Over the Past 10 Years
Min: -104.4 Med: -13.22 Max: 53.58
Current: 3.53
During the past 13 years, the highest EV-to-FCF of Zhonghua Gas Holdings was 53.58. The lowest was -104.40. And the median was -13.22.
HKSE:08246's EV-to-FCF is ranked better than 94.68% of 301
companies
in the Utilities - Regulated industry
Industry Median: 18.92
vs HKSE:08246: 3.53
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.
Zhonghua Gas Holdings (HKSE:08246) 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.
Zhonghua Gas Holdings's PE Ratio (TTM) for today is calculated as:
Zhonghua Gas Holdings's share price for today is HK$0.63.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Zhonghua Gas Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was HK$-0.044.
* 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.
* 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, Zhonghua Gas Holdings'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.
Zhonghua Gas Holdings EV-to-FCF vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Zhonghua Gas Holdings's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Zhonghua Gas Holdings's EV-to-FCF falls into.
Zhonghua Gas Holdings's current Enterprise Value is HK$306.62 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Zhonghua Gas Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was HK$86.85 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.
Zhonghua Gas Holdings (HKSE:08246) has a EV-to-FCF of 3.53 as of Aug. 18, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Zhonghua Gas Holdings and its competitors. According to the industry distribution chart, Zhonghua Gas Holdings ranks #16 out of 301 companies in the Utilities - Regulated industry, placing it in the top 5.3%.
Is Zhonghua Gas Holdings' EV-to-FCF too high?
Zhonghua Gas Holdings' current EV-to-FCF is 3.53. The Utilities - Regulated industry median EV-to-FCF is 18.92. Zhonghua Gas Holdings' value of 3.53 is 81.3% below this industry median. Based on the distribution chart, Zhonghua Gas Holdings ranks #16 out of 301 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Zhonghua Gas Holdings has a GF Score™ of 42/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhonghua Gas Holdings' EV-to-FCF compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Zhonghua Gas Holdings ranks #16 out of 301 companies for EV-to-FCF. This places Zhonghua Gas Holdings in the top 5% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 18.92. Zhonghua Gas Holdings' value of 3.53 is 81.3% 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 EV-to-FCF for an Utilities - Regulated company?
The median EV-to-FCF among Utilities - Regulated companies is 18.92, based on 301 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zhonghua Gas Holdings's current EV-to-FCF of 3.53 is 81.3% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Zhonghua Gas Holdings and its competitors. For the Utilities - Regulated industry, the median EV-to-FCF is 18.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhonghua Gas Holdings's current EV-to-FCF is 3.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhonghua Gas Holdings stock overvalued right now?
Based on GuruFocus' analysis, Zhonghua Gas Holdings (HKSE:08246) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.59, compared to a current price of HK$0.63 — trading 6.8% above its estimated fair value. The current EV-to-FCF is 3.53 and 81.3% below the Utilities - Regulated industry median of 18.92. Zhonghua Gas Holdings' overall GF Score™ is 42/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Zhonghua Gas Holdings (HKSE:08246), the current EV-to-FCF is 3.53 as of Aug. 18, 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 Zhonghua Gas Holdings (HKSE:08246) Overvalued in 2026?
Based on GuruFocus' analysis, Zhonghua Gas Holdings stock appears to be overvalued.
The current stock price of HK$0.63 is trading 6.8% above its estimated GF Value™ of HK$0.59.
GuruFocus considers Zhonghua Gas Holdings to be Fairly Valued.
Key valuation signals for HKSE:08246:
EV-to-FCF: 3.53
GF Value™: HK$0.59 vs. price of HK$0.63 (6.8% above fair value)
Industry Position: 81.3% below the Utilities - Regulated median (#16 of 301)
No single metric tells the full story. See the HKSE:08246 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhonghua Gas Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the provision of diverse integrated new energy services including technological development, construction and consultancy services about heat supply and coal-to-natural gas conversion, operation of liquefied natural gas stations, coupled with the trading of new energy-related industrial products (New Energy Business); the operation of restaurants and trading of non-staple food (Catering Business) and the leasing of investment properties. The Group has two reportable operating segments, which are Energy Business and Property Investments. It derives a majority of its revenue from the energy business.
42GF Score
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EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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