Mahanagar Gas Ltd MGL

Morningstar Rating
₹1,964.95 +16.35 (0.84%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings 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.

Price vs Fair Value

MGL is trading at a 653% premium.
Price
₹1,940.52
Fair Value
₹3,383.53
Uncertainty
Very High
1-Star Price
₹6,775.43
5-Star Price
₹3,691.45
Economic Moat
Rlvktf
Capital Allocation

Trading Information

Previous Close Price
₹1,948.60
Day Range
₹1,933.401,987.90
52-Week Range
₹978.751,988.00
Bid/Ask
₹1,964.95 / ₹1,964.95
Market Cap
₹194.09 Bil
Volume/Avg
860,987 / 845,951

Key Statistics

Price/Earnings (Normalized)
17.07
Price/Sales
3.04
Dividend Yield (Trailing)
1.53%
Dividend Yield (Forward)
1.53%
Total Yield
1.53%

Company Profile

Mahanagar Gas Ltd is an India-based natural gas distribution company. It distributes natural gas through the City Gas Distribution network of pipelines. It distributes compressed natural gas (CNG) for use in vehicles and piped natural gas (PNG) for domestic household, commercial, and industrial use, and to transport sector customers as well. The company operates under the business segment of the sale of natural gas. Its business operations are principally carried out in India. The company generates revenue by selling natural gas, of which the sale of CNG accounts majorly for the total gas sales revenue.
Sector
Utilities
Industry
Utilities - Regulated Gas
Stock Style Box
Mid Core
Total Number of Employees
2,229

Comparables

Valuation

Metric
MGL
542066
539336
Price/Earnings (Normalized)
17.07126.3534.23
Price/Book Value
3.7824.335.40
Price/Sales
3.0419.232.56
Price/Cash Flow
13.19111.3025.62
Price/Earnings
MGL
542066
539336

Financial Strength

Metric
MGL
542066
539336
Quick Ratio
1.070.320.75
Current Ratio
1.120.570.79
Interest Coverage
113.479.9155.76
Quick Ratio
MGL
542066
539336

Profitability

Metric
MGL
542066
539336
Return on Assets (Normalized)
Return on Equity (Normalized)
Return on Invested Capital (Normalized)
Return on Assets
MGL
542066
539336

Utilities - Regulated Gas Industry Comparables

1-Day Chart
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Morningstar Rating for Stocks
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New Fortress Energy Inc Class A
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