ADANIGAS:NSE-Adani Gas Limited (INR)

COMMON STOCK | Utilities—Regulated Gas | NSE

Last Closing Price

INR 190.20

Change

+6.45 (+3.51)%

Market Cap

INR 202.80B

Volume

1.25M

Average Target Price

INR 150.00 (-21.14%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Adani Gas Limited distributes piped natural gas to industrial, commercial, and residential customers. The company also distributes compressed natural gas to the transportation sector; and supplies PNG to approximately 0.44 million customers through a connected pipeline network of approximately 7,600 km, including 470 km of steel and 7,130 km of polyethylene pipeline. It has gas distribution networks in Ahmedabad, Vadodara, Navsari, Porbandar, Barwala, Kheda, and Surendranagar in Gujarat; Udaipur in Rajasthan; Palwal, Mahendragarh, and Faridabad in Haryana; Khurja in Uttar Pradesh; and Bhind in Madhya Pradesh, India. As of March 31, 2020, the company had 115 CNG filling stations. The company was founded in 2004 and is based in Ahmedabad, India.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-09-28 )

Largest Industry Peers for Utilities—Regulated Gas

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
GAIL:NSE GAIL (India) Limited

+3.00 (+3.52%)

INR384.47B 4.37 3.80
IGL:NSE Indraprastha Gas Limited

+0.60 (+0.15%)

INR281.67B 26.50 16.83
GUJGASLTD:NSE Gujarat Gas Limited

+4.55 (+1.53%)

INR205.21B 19.90 15.26
GSPL:NSE Gujarat State Petronet Limited

+1.80 (+0.92%)

INR110.05B 6.80 4.67
MGL:NSE Mahanagar Gas Limited

+28.40 (+3.46%)

INR81.49B 13.47 8.08

ETFs Containing ADANIGAS

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Utilities—Regulated Gas)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 7.55% 83% B 64% D
Dividend Return N/A N/A N/A N/A N/A
Total Return 7.55% 83% B 64% D
Trailing 12 Months  
Capital Gain 47.21% 83% B 84% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 47.21% 83% B 84% B
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 8.86% N/A N/A 64% D
Dividend Return 0.08% N/A N/A 6% F
Total Return 8.94% N/A N/A 63% D
Risk Return Profile  
Volatility (Standard Deviation) 29.38% N/A N/A 70% C-
Risk Adjusted Return 30.44% N/A N/A 71% C-
Market Capitalization 202.80B 50% F 92% A-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Utilities—Regulated Gas)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 48.73 17% F 17% F
Price/Book Ratio 13.10 17% F 3% F
Price / Cash Flow Ratio 45.21 33% F 7% F
EV/EBITDA 33.96 17% F 12% F
Management Effectiveness  
Return on Equity 33.92% 67% D+ 97% A+
Return on Invested Capital 25.55% 67% D+ 96% A
Return on Assets 15.03% 100% A+ 98% A+
Debt to Equity Ratio 20.10% 83% B 44% F
Technical Ratios  
Short Ratio N/A N/A N/A N/A N/A
Short Percent N/A N/A N/A N/A N/A
Beta N/A N/A N/A N/A N/A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (INR)

Quarterly Financials (INR)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector