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EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, TL Natural Gas Holdings's Enterprise Value is HK$17.10 Mil.
TL Natural Gas Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-4.06 Mil. Therefore, TL Natural Gas Holdings's EV-to-FCF for today is -4.21.
The historical rank and industry rank for TL Natural Gas Holdings's EV-to-FCF or its related term are showing as below:
HKSE:08536'
s EV-to-FCF Range Over the Past 10 Years
Min: -143.32 Med: -6.48 Max: 60.08
Current: -4.21
During the past 11 years, the highest EV-to-FCF of TL Natural Gas Holdings was 60.08. The lowest was -143.32. And the median was -6.48.
HKSE:08536's EV-to-FCF is ranked worse than 100% of 582
companies
in the Oil & Gas industry
Industry Median: 15.045
vs HKSE:08536: -4.21
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.
TL Natural Gas Holdings (HKSE:08536) 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.
TL Natural Gas Holdings's PE Ratio (TTM) for today is calculated as:
TL Natural Gas Holdings's share price for today is HK$0.243.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. TL Natural Gas Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-0.043.
* 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.
HKSE:08536 vs CASY, WSM, ULTA: EV-to-FCF Comparison
For the Oil & Gas Refining & Marketing subindustry, TL Natural 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.
TL Natural Gas Holdings EV-to-FCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, TL Natural Gas Holdings's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where TL Natural Gas Holdings's EV-to-FCF falls into.
TL Natural Gas Holdings's current Enterprise Value is HK$17.10 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. TL Natural Gas Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-4.06 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.
TL Natural Gas Holdings (HKSE:08536) has a EV-to-FCF of -4.21 as of Aug. 16, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on TL Natural Gas Holdings and its competitors. According to the industry distribution chart, TL Natural Gas Holdings ranks #999999 out of 582 companies in the Oil & Gas industry.
Is TL Natural Gas Holdings' EV-to-FCF too high?
TL Natural Gas Holdings' current EV-to-FCF is -4.21. Based on the distribution chart, TL Natural Gas Holdings ranks #999999 out of 582 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, TL Natural Gas Holdings has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TL Natural Gas Holdings' EV-to-FCF compare to CASY and WSM?
According to the Oil & Gas industry distribution chart, TL Natural Gas Holdings ranks #999999 out of 582 companies for EV-to-FCF. This places TL Natural Gas Holdings in the lower half of its industry. The industry median EV-to-FCF is 15.05. 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 Oil & Gas company?
The median EV-to-FCF among Oil & Gas companies is 15.05, based on 582 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. 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 TL Natural Gas Holdings and its competitors. For the Oil & Gas industry, the median EV-to-FCF is 15.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TL Natural Gas Holdings's current EV-to-FCF is -4.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TL Natural Gas Holdings stock overvalued right now?
Based on GuruFocus' analysis, TL Natural Gas Holdings (HKSE:08536) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.29, compared to a current price of HK$0.24 — trading 16.2% below its estimated fair value. The current EV-to-FCF is -4.21. TL Natural Gas Holdings' overall GF Score™ is 50/100 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For TL Natural Gas Holdings (HKSE:08536), the current EV-to-FCF is -4.21 as of Aug. 16, 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 TL Natural Gas Holdings (HKSE:08536) Overvalued in 2026?
Based on GuruFocus' analysis, TL Natural Gas Holdings stock appears to be undervalued.
The current stock price of HK$0.24 is trading 16.2% below its estimated GF Value™ of HK$0.29.
GuruFocus considers TL Natural Gas Holdings to be Modestly Undervalued.
Key valuation signals for HKSE:08536:
EV-to-FCF: -4.21
GF Value™: HK$0.29 vs. price of HK$0.24 (16.2% below fair value)
No single metric tells the full story. See the HKSE:08536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TL Natural Gas Holdings Ltd is engaged in the sale of natural gas, including compressed natural gas and liquefied natural gas, and the provision of transmission services for natural gas. The group has two reportable segments: Sales of natural gas and Others. The Others segment includes automated car wash and fast food catering services. It generates the majority of its revenue from the Sales of natural gas segment.
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