Hong Kong and China Gas CoFRA:HCG +0.05%83 FCF Margin % is 8.92% as of Dec. 2025, which is 34% above its 10-year median of 6.64. GuruFocus rates FRA:HCG with a GF Score™ of 83/100 and a GF Value™ of €0.68 (Fairly Valued). The stock has 7 warning signs investors should review. Among 499 Utilities - Regulated companies, Hong Kong and China Gas Co ranks better than 72.75% on this metric.
* 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 FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Hong Kong and China Gas Co's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Hong Kong and China Gas Co's FCF Margin % falls into.
* 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 (FRA:HCG) has a FCF Margin % of 8.92% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Hong Kong and China Gas Co and its competitors. This is 34% above median its historical median of 6.64. Over the past decade, Hong Kong and China Gas Co's FCF Margin % has ranged from 2.15 to 9.95. According to the industry distribution chart, Hong Kong and China Gas Co ranks #136 out of 499 companies in the Utilities - Regulated industry, placing it in the top 27.3%.
Is Hong Kong and China Gas Co's FCF Margin % too high?
Hong Kong and China Gas Co's current FCF Margin % of 8.92% is 34% above median its 10-year median of 6.64. Over the past 10 years, this metric has ranged from a low of 2.15 to a high of 9.95. The Utilities - Regulated industry median FCF Margin % is 2.36. Hong Kong and China Gas Co's value of 8.92% is 278% above this industry median. Based on the distribution chart, Hong Kong and China Gas Co ranks #136 out of 499 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Hong Kong and China Gas Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hong Kong and China Gas Co's FCF Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Hong Kong and China Gas Co ranks #136 out of 499 companies for FCF Margin %. This puts Hong Kong and China Gas Co in the upper half of its industry. The industry median FCF Margin % is 2.36. Hong Kong and China Gas Co's value of 8.92% is 278% above this benchmark. Historically, Hong Kong and China Gas Co's own FCF Margin % has ranged from 2.15 to 9.95 over the past decade. While the company's 10-year median is 6.64 vs. the industry median of 2.36, 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 FCF Margin % for an Utilities - Regulated company?
The median FCF Margin % among Utilities - Regulated companies is 2.36, based on 499 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % 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 FCF Margin % of 8.92% is 278% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Hong Kong and China Gas Co and its competitors. For the Utilities - Regulated industry, the median FCF Margin % is 2.36 — 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 FCF Margin % is 8.92%, which is 34% above median its own 10-year median of 6.64. 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 (FRA:HCG) is currently considered Fairly Valued. The stock's GF Value™ is €0.68, compared to a current price of €0.74 — trading 8.2% above its estimated fair value. The current FCF Margin % is 8.92%, which is 34% above median its 10-year median of 6.64 and 278% above the Utilities - Regulated industry median of 2.36. Hong Kong and China Gas Co's overall GF Score™ is 83/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Hong Kong and China Gas Co (FRA:HCG), the current FCF Margin % is 8.92% as of Dec. 2025. 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 (FRA:HCG) Overvalued in 2026?
Based on GuruFocus' analysis, Hong Kong and China Gas Co stock appears to be overvalued.
The current stock price of €0.74 is trading 8.2% above its estimated GF Value™ of €0.68.
GuruFocus considers Hong Kong and China Gas Co to be Fairly Valued.
Key valuation signals for FRA:HCG:
FCF Margin %: 8.92% (34% above median its 10-year median of 6.64)
GF Value™: €0.68 vs. price of €0.74 (8.2% above fair value)
Industry Position: 278% above the Utilities - Regulated median (#136 of 499)
No single metric tells the full story. See the FRA:HCG 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.
83GF Score
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