China Resources Gas Group Limited

OTCPK:CRGG.F Stock Report

Market Cap: US$8.8b

China Resources Gas Group Valuation

Is CRGG.F undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of CRGG.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CRGG.F ($4.04) is trading below our estimate of fair value ($7.19)

Significantly Below Fair Value: CRGG.F is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CRGG.F?

Key metric: As CRGG.F is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for CRGG.F. This is calculated by dividing CRGG.F's market cap by their current earnings.
What is CRGG.F's PE Ratio?
PE Ratio13.3x
EarningsHK$5.14b
Market CapHK$68.15b

Price to Earnings Ratio vs Peers

How does CRGG.F's PE Ratio compare to its peers?

The above table shows the PE ratio for CRGG.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average37.1x
SWX Southwest Gas Holdings
31.7x14.2%US$5.6b
NFG National Fuel Gas
75.4x44.2%US$5.9b
UGI UGI
23.4x11.4%US$6.1b
SR Spire
18x7.4%US$4.2b
CRGG.F China Resources Gas Group
13.3x7.8%US$68.1b

Price-To-Earnings vs Peers: CRGG.F is good value based on its Price-To-Earnings Ratio (13.3x) compared to the peer average (37.1x).

Price to Earnings Ratio vs Industry

How does CRGG.F's PE Ratio compare vs other companies in the Global Gas Utilities Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
CRGG.F 13.3xIndustry Avg. 14.1xNo. of Companies15PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CRGG.F is good value based on its Price-To-Earnings Ratio (13.3x) compared to the Global Gas Utilities industry average (14.2x).

Price to Earnings Ratio vs Fair Ratio

What is CRGG.F's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CRGG.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate CRGG.F's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CRGG.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
US$4.16
0%
10.4%US$4.89US$3.09n/a19
Nov ’25US$4.04
US$4.17
+3.1%
10.4%US$4.89US$3.09n/a19
Oct ’25US$4.07
US$3.97
-2.5%
10.8%US$4.72US$3.08n/a18
Sep ’25US$3.87
US$3.83
-1.1%
11.9%US$4.62US$2.94n/a19
Aug ’25US$3.90
US$3.68
-5.5%
12.3%US$4.27US$2.85n/a18
Jul ’25US$3.36
US$3.60
+7.0%
11.6%US$4.22US$2.81n/a18
Jun ’25US$3.77
US$3.60
-4.6%
11.6%US$4.22US$2.81n/a18
May ’25n/a
US$3.45
0%
10.6%US$4.14US$2.81n/a17
Apr ’25US$3.37
US$3.59
+6.6%
12.9%US$4.68US$2.81n/a19
Mar ’25n/a
US$3.74
0%
13.2%US$4.68US$2.93n/a19
Feb ’25US$3.06
US$3.80
+24.2%
12.7%US$4.68US$3.07n/a18
Jan ’25n/a
US$3.83
0%
12.4%US$4.69US$3.07n/a18
Dec ’24n/a
US$3.89
0%
14.2%US$5.12US$3.07n/a18
Nov ’24n/a
US$3.96
0%
14.2%US$5.11US$3.07US$4.0418
Oct ’24US$2.80
US$3.97
+41.8%
14.1%US$5.11US$3.07US$4.0718
Sep ’24n/a
US$3.89
0%
14.0%US$5.10US$3.06US$3.8717
Aug ’24US$3.57
US$4.28
+19.8%
10.2%US$5.13US$3.46US$3.9018
Jul ’24n/a
US$4.38
0%
11.1%US$5.69US$3.45US$3.3619
Jun ’24US$3.46
US$4.38
+26.7%
11.1%US$5.69US$3.45US$3.7719
May ’24US$3.23
US$4.31
+33.5%
10.7%US$5.68US$3.47n/a19
Apr ’24US$3.67
US$4.74
+29.1%
11.7%US$5.73US$3.46US$3.3718
Mar ’24US$4.35
US$4.76
+9.5%
11.2%US$5.73US$3.50n/a18
Feb ’24US$4.27
US$4.68
+9.8%
13.3%US$5.74US$3.34US$3.0618
Jan ’24US$3.90
US$4.43
+13.5%
17.2%US$5.79US$3.34n/a18
Dec ’23US$3.28
US$4.49
+36.9%
23.0%US$6.35US$2.94n/a18
Nov ’23US$2.49
US$4.67
+88.0%
19.4%US$6.34US$2.93n/a19

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

Portland General Electric

US$5.0b

An integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon.

POR

US$48.07

7D

2.8%

1Y

15.9%

Caribbean Utilities Company

US$583.6m

Engages in the generation, transmission, and distribution of electricity in Grand Cayman.

CUPU.F

US$13.84

7D

0.6%

1Y

25.0%

APA Group

AU$9.3b

Engages in the energy infrastructure business in Australia.

APAJ.F

AU$4.20

7D

-8.3%

1Y

-21.1%