Adani Total Gas Limited distributes piped natural gas (PNG) to industrial, commercial, and residential customers.
Price History & Performance
|Historical stock prices|
|Current Share Price||₹1,434.25|
|52 Week High||₹174.25|
|52 Week Low||₹1,679.00|
|1 Month Change||47.38%|
|3 Month Change||13.97%|
|1 Year Change||615.69%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||1,797.16%|
Recent News & Updates
These 4 Measures Indicate That Adani Total Gas (NSE:ATGL) Is Using Debt Reasonably Well
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Adani Total Gas (NSE:ATGL) Is Very Good At Capital Allocation
There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
If You Like EPS Growth Then Check Out Adani Total Gas (NSE:ATGL) Before It's Too Late
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
|ATGL||IN Gas Utilities||IN Market|
Return vs Industry: ATGL exceeded the Indian Gas Utilities industry which returned 157.5% over the past year.
Return vs Market: ATGL exceeded the Indian Market which returned 59.4% over the past year.
Stable Share Price: ATGL is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: ATGL's weekly volatility (8%) has been stable over the past year.
About the Company
Adani Total Gas Limited distributes piped natural gas (PNG) to industrial, commercial, and residential customers. The company also distributes compressed natural gas to the transportation sector. It has gas distribution networks in Gujarat, Haryana, Karnataka, Tamil Nadu, Rajasthan, Madhya Pradesh, Uttar Pradesh, Chattisgarh, and Odisha.
Adani Total Gas Fundamentals Summary
|ATGL fundamental statistics|
Is ATGL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ATGL income statement (TTM)|
|Cost of Revenue||₹9.50b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 28, 2021
|Earnings per share (EPS)||5.17|
|Net Profit Margin||28.43%|
How did ATGL perform over the long term?See historical performance and comparison
0.02%Current Dividend Yield
Is Adani Total Gas undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ATGL (₹1434.25) is trading above our estimate of fair value (₹58.31)
Significantly Below Fair Value: ATGL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ATGL is poor value based on its PE Ratio (278.5x) compared to the Indian Gas Utilities industry average (21.2x).
PE vs Market: ATGL is poor value based on its PE Ratio (278.5x) compared to the Indian market (20.4x).
Price to Earnings Growth Ratio
PEG Ratio: ATGL is poor value based on its PEG Ratio (14.6x)
Price to Book Ratio
PB vs Industry: ATGL is overvalued based on its PB Ratio (81.6x) compared to the IN Gas Utilities industry average (5x).
How is Adani Total Gas forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ATGL's forecast earnings growth (19.1% per year) is above the savings rate (6.8%).
Earnings vs Market: ATGL's earnings (19.1% per year) are forecast to grow faster than the Indian market (18.4% per year).
High Growth Earnings: ATGL's earnings are forecast to grow, but not significantly.
Revenue vs Market: ATGL's revenue (29.2% per year) is forecast to grow faster than the Indian market (12.6% per year).
High Growth Revenue: ATGL's revenue (29.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ATGL's Return on Equity is forecast to be high in 3 years time
How has Adani Total Gas performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ATGL has high quality earnings.
Growing Profit Margin: ATGL's current net profit margins (28.4%) are higher than last year (24.4%).
Past Earnings Growth Analysis
Earnings Trend: ATGL's earnings have grown significantly by 31.9% per year over the past 5 years.
Accelerating Growth: ATGL's earnings growth over the past year (43.1%) exceeds its 5-year average (31.9% per year).
Earnings vs Industry: ATGL earnings growth over the past year (43.1%) exceeded the Gas Utilities industry 26.6%.
Return on Equity
High ROE: ATGL's Return on Equity (29.3%) is considered high.
How is Adani Total Gas's financial position?
Financial Position Analysis
Short Term Liabilities: ATGL's short term assets (₹2.2B) do not cover its short term liabilities (₹8.1B).
Long Term Liabilities: ATGL's short term assets (₹2.2B) do not cover its long term liabilities (₹4.6B).
Debt to Equity History and Analysis
Debt Level: ATGL's debt to equity ratio (27.4%) is considered satisfactory.
Reducing Debt: ATGL's debt to equity ratio has reduced from 77.2% to 27.4% over the past 5 years.
Debt Coverage: ATGL's debt is well covered by operating cash flow (123.5%).
Interest Coverage: ATGL's interest payments on its debt are well covered by EBIT (65.4x coverage).
What is Adani Total Gas's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ATGL's dividend (0.017%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.34%).
High Dividend: ATGL's dividend (0.017%) is low compared to the top 25% of dividend payers in the Indian market (1.43%).
Stability and Growth of Payments
Stable Dividend: ATGL is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.
Growing Dividend: ATGL is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: ATGL is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ATGL's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Suresh Manglani (56 yo)
Mr. Suresh P. Manglani serves as Chief Executive Officer of Adani Total Gas Limited (formerly known as Adani Gas Limited) at Adani Enterprises Limited since July 2020. Mr. Manglani served as Chief Executiv...
CEO Compensation Analysis
Compensation vs Market: Suresh's total compensation ($USD393.05K) is below average for companies of similar size in the Indian market ($USD1.19M).
Compensation vs Earnings: Suresh's compensation has been consistent with company performance over the past year.
Experienced Board: ATGL's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Adani Total Gas Limited's employee growth, exchange listings and data sources
- Name: Adani Total Gas Limited
- Ticker: ATGL
- Exchange: NSEI
- Founded: 2004
- Industry: Gas Utilities
- Sector: Utilities
- Market Cap: ₹1.577t
- Shares outstanding: 1.10b
- Website: https://www.adanigas.com
Number of Employees
- Adani Total Gas Limited
- Adani Corporate House
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 15:35|
|End of Day Share Price||2021/09/16 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.