PINX: HOKCF
Last close prices updated as of
Feb 01, 2023, 9:37 AM EST
| USD
- Last Close 1.005
- Sector Utilities
- Industry Utilities - Regulated Gas
- Investment Style Large Blend
- Day Range 1.01 – 1.01
- Year Range 0.77 – 1.59
- Market Cap 18.7532 Bil
- Volume / Avg 484,200.0 / 18,893.3
- Price / Sales 2.51
- Price / Book 2.22
- Forward Div Yield 4.44%
- Trailing Div Yield 34.83%
Morningstar‘s Stock Analysis HOKCF
Valuation
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1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
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Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.
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Company Profile HOKCF
Business Description
Founded in 1862, Hong Kong and China Gas, or HKCG, is the oldest public utility company in Hong Kong. The company’s core business comprises production and distribution of town gas in Hong Kong, with a monopoly on distribution and retail. In the mainland, the company has a gas distribution business with 267 projects across 26 provinces. HKCG is also investing in water, upstream gas, and new energies. The business mix is approximately 90% gas utilities and 10% new energy. HKCG also holds a 15.8% stake in International Financial Center, a Grade A office building in the Hong Kong central business district.
FAQs for Hong Kong and China Gas Co Ltd Stock
Yes. HOKCF has a forward dividend yield of 4.44%.
See
HOKCF’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
HOKCF’s market cap is 18.75 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
HOKCF’s stock style is Large Core.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
HOKCF’s price/sales is 2.51.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
HOKCF’s price/forward earnings is 19.76.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
HOKCF’s price/book is 2.22.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See HOKCF’s valuation ratios compared to the Market Index.
HOKCF’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare HOKCF’s historical performance against its industry peers and the overall market.