Hong Kong and China Gas CoFRA:HCG +0.05%83 Net Margin % is 10.16% as of Dec. 2025, which is 21% below its 10-year median of 12.90. 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 501 Utilities - Regulated companies, Hong Kong and China Gas Co ranks better than 57.09% on this metric.
The historical rank and industry rank for Hong Kong and China Gas Co's Net Margin % or its related term are showing as below:
FRA:HCG'
s Net Margin % Range Over the Past 10 Years
Min: 8.79 Med: 12.9 Max: 26.09
Current: 10.47
FRA:HCG's Net Margin % is ranked better than 57.09% of 501
companies
in the Utilities - Regulated industry
Industry Median: 8.8
vs FRA:HCG: 10.47
Hong Kong and China Gas Co (FRA:HCG) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Hong Kong and China Gas Co Net Margin % Related Terms
Hong Kong and China Gas Co Net Margin % 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 Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Hong Kong and China Gas Co's Net Margin % distribution charts can be found below:
* The bar in red indicates where Hong Kong and China Gas Co's Net 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 Net Margin % of 10.16% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Hong Kong and China Gas Co and its competitors. This is 21% below median its historical median of 12.90. Over the past decade, Hong Kong and China Gas Co's Net Margin % has ranged from 8.79 to 26.09. According to the industry distribution chart, Hong Kong and China Gas Co ranks #215 out of 501 companies in the Utilities - Regulated industry, placing it in the top 42.9%.
Is Hong Kong and China Gas Co's Net Margin % too high?
Hong Kong and China Gas Co's current Net Margin % of 10.16% is 21% below median its 10-year median of 12.90. Over the past 10 years, this metric has ranged from a low of 8.79 to a high of 26.09. The Utilities - Regulated industry median Net Margin % is 8.80. Hong Kong and China Gas Co's value of 10.16% is 15.5% above this industry median. Based on the distribution chart, Hong Kong and China Gas Co ranks #215 out of 501 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 Net Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Hong Kong and China Gas Co ranks #215 out of 501 companies for Net Margin %. This puts Hong Kong and China Gas Co in the upper half of its industry. The industry median Net Margin % is 8.80. Hong Kong and China Gas Co's value of 10.16% is 15.5% above this benchmark. Historically, Hong Kong and China Gas Co's own Net Margin % has ranged from 8.79 to 26.09 over the past decade. While the company's 10-year median is 12.90 vs. the industry median of 8.80, 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 Net Margin % for an Utilities - Regulated company?
The median Net Margin % among Utilities - Regulated companies is 8.80, based on 501 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net 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 Net Margin % of 10.16% is 15.5% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Hong Kong and China Gas Co and its competitors. For the Utilities - Regulated industry, the median Net Margin % is 8.80 — 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 Net Margin % is 10.16%, which is 21% below median its own 10-year median of 12.90. 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 Net Margin % is 10.16%, which is 21% below median its 10-year median of 12.90 and 15.5% above the Utilities - Regulated industry median of 8.80. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Hong Kong and China Gas Co (FRA:HCG), the current Net Margin % is 10.16% 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:
Net Margin %: 10.16% (21% below median its 10-year median of 12.90)
GF Value™: €0.68 vs. price of €0.74 (8.2% above fair value)
Industry Position: 15.5% above the Utilities - Regulated median (#215 of 501)
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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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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