As of 2025-07-23, the Intrinsic Value of Hsin Kao Gas Co Ltd (9931.TW) is 31.34 TWD. This 9931.TW valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 34.60 TWD, the upside of Hsin Kao Gas Co Ltd is -9.40%.
The range of the Intrinsic Value is 22.07 - 60.45 TWD
Based on its market price of 34.60 TWD and our intrinsic valuation, Hsin Kao Gas Co Ltd (9931.TW) is overvalued by 9.40%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 22.07 - 60.45 | 31.34 | -9.4% |
| DCF (Growth 10y) | 21.47 - 53.24 | 29.20 | -15.6% |
| DCF (EBITDA 5y) | 24.77 - 49.20 | 36.45 | 5.4% |
| DCF (EBITDA 10y) | 25.73 - 49.95 | 36.94 | 6.8% |
| Fair Value | 58.98 - 58.98 | 58.98 | 70.47% |
| P/E | 27.32 - 51.57 | 36.73 | 6.2% |
| EV/EBITDA | 28.09 - 62.40 | 39.66 | 14.6% |
| EPV | 13.00 - 16.67 | 14.84 | -57.1% |
| DDM - Stable | 40.88 - 162.23 | 101.56 | 193.5% |
| DDM - Multi | 27.73 - 85.39 | 41.85 | 20.9% |
| Market Cap (mil) | 4,164.80 |
| Beta | 0.17 |
| Outstanding shares (mil) | 120.37 |
| Enterprise Value (mil) | 3,945.92 |
| Market risk premium | 5.98% |
| Cost of Equity | 5.52% |
| Cost of Debt | 4.25% |
| WACC | 5.41% |