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Best Utilities Regulated Gas stocks by quality

Of the 60 stocks listed here, none currently reaches the maximum quality score. The median valuation of the group comes out at 14.3 times its free cash flow.

The Utilities Regulated Gas stocks with the highest scores from our fundamental analysis, ranked from best to worst quality, with their valuation (P/FCF). Click a stock for its full analysis.

#StockQuality scoreP/FCF
1Xinjiang Torch Gas Co., Ltd (603080.SS)9/109.6x
2New Jersey Resources Corp (NJR)8/10n.d.
3Natural Gas Distribution Company (9516.SR)8/1015.1x
4Nippon Gas Co., Ltd. (8174.T)8/1014.3x
5Hsin Kao Gas Co.,Ltd. (9931.TW)7/1011.6x
6Xinjiang East Universe Gas Co.Ltd. (603706.SS)7/1014.3x
7Chengdu Gas Group Corporation Ltd. (603053.SS)7/1014.2x
8Incheon City Gas Co., Ltd. (034590.KS)7/104.8x
9Foran Energy Group Co., Ltd. (002911.SZ)7/1012.4x
10Shaanxi Meineng Clean Energy Corp.,Ltd. (001299.SZ)7/10n.d.
11Ahlatci Dogal Gaz Dagitim Enerji ve Yatirim A.S. (AHGAZ.IS)6/912.0x
12Southwest Gas Holdings Inc (SWX)6/10n.d.
13Snam S.p.A. (SRG.MI)6/10n.d.
14PT Perusahaan Gas Negara (Persero) Tbk (PGAS.JK)6/104.0x
15Naturgy Energy Group, S.A. (NTGY.MC)6/1011.2x
16NiSource Inc (NI)6/10n.d.
17MDU Resources Group Inc (MDU)6/10n.d.
18Italgas S.p.A. (IG.MI)6/1016.9x
19Gujarat Energy Limited (GUJENERGY.NS)6/1012.8x
20Enerya Enerji Anonim Sirketi (ENERY.IS)6/1040.6x
21Chesapeake Utilities Corp (CPK)6/10n.d.
22Aygaz A.S. (AYGAZ.IS)6/10128.5x
23Ascopiave S.p.A. (ASC.MI)6/1032.4x
24Shin Shin Natural Gas Company Limited (9918.TW)6/1022.8x
25The Great Taipei Gas Corporation (9908.TW)6/1025.0x
26JiaXing Gas Group Co., Ltd. (9908.HK)6/103.9x
27Hokuriku Gas Co.,Ltd. (9537.T)6/106.9x
28Saibu Gas Holdings Co.,Ltd. (9536.T)6/10n.d.
29Global Strategic Group Limited (8007.HK)6/10n.d.
30Beijing Gas Blue Sky Holdings Limited (6828.HK)6/10n.d.
31Xinjiang Hongtong Natural Gas Co., Ltd. (605169.SS)6/1039.2x
32Toell Co.,Ltd. (3361.T)6/107.7x
33K&O Energy Group Inc. (1663.T)6/1013.1x
34Shanghai Dazhong Public Utilities(Group) Co.,Ltd. (1635.HK)6/1015.0x
35Korea Gas Corporation (036460.KS)6/100.7x
36The Hong Kong and China Gas Company Limited (0003.HK)6/1023.7x
37TDG Global Investment Joint Stock Company (TDG.VN)5/9n.d.
38ROCKPOINT GAS STORAGE INC (RGSI.TO)5/922.2x
39Petro Center Corporation (PMG.VN)5/9n.d.
40International Gas Product Shipping Joint Stock Company (GSP.VN)5/9n.d.
41Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi A.S. (BASGZ.IS)5/9n.d.
42An Pha Petroleum Group Joint Stock Company (ASP.VN)5/9n.d.
43WP Energy Public Company Limited (WP.BK)5/1013.8x
44Superior Plus Corp. (SPB.TO)5/106.0x
45RGC Resources Inc (RGCO)5/1017.8x
46PT Rukun Raharja Tbk (RAJA.JK)5/10145.2x
47Northwest Natural Holding Co (NWN)5/10n.d.
48Mahanagar Gas Limited (MGL.NS)5/10119.6x
49Black Hills Corp (BKH)5/10n.d.
50Brookfield Infrastructure Corporation (BIPC.TO)5/102.7x
51Brookfield Infrastructure Corp (BIPC)5/10n.d.
52Atmos Energy Corp (ATO)5/10n.d.
53Adani Total Gas Limited (ATGL.NS)5/10418.7x
54APA Group (APA.AX)5/1041.8x
55Shin Hai Gas Corporation (9926.TW)5/1030.7x
56Daimaru Enawin Co., Ltd. (9818.T)5/1044.4x
57Shizuoka Gas Co., Ltd. (9543.T)5/1020.7x
58Keiyo Gas Co., Ltd. (9539.T)5/10n.d.
59Hokkaido Gas Co., Ltd. (9534.T)5/106.9x
60Toho Gas Co., Ltd. (9533.T)5/107.2x

Our quality score judges how solid a business is across 10 objective financial criteria (profitability, free cash flow growth, share buybacks, debt, return on capital). The P/FCF (price to free cash flow) shows whether the stock is cheap or expensive. Full method: our methodology.

To place these multiples against sector averages, the reference public sector data is Aswath Damodaran's (NYU Stern).

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