EN DE
STOCK COMPARISON

Hsin Tai Gas Co vs Naturgy Energy Group: Fair Value & Quality

Both stocks run through our valuation models. Here is how Hsin Tai Gas Co (8917) and Naturgy Energy Group (NTGY) compare, as of Sep 25, 2026.

As of Sep 25, 2026, Fair Value Calculator sees Naturgy Energy Group as the more attractively valued of the two: Hsin Tai Gas Co trades at TWD 55.00 versus a fair value of TWD 35.19 (-36%), while Naturgy Energy Group trades at €29.50 versus €32.79 (+11%).
Hsin Tai Gas Co
8917.TWO · TWD · Utilities
-36%
upside to fair value
overvalued
PriceTWD 55.00
Fair ValueTWD 35.19
Quality66/100
Naturgy Energy Group
NTGY.MC · EUR · Utilities
+11%
upside to fair value
undervalued
Price€29.50
Fair Value€32.79
Quality55/100
Get comparisons like this free by email every month: the most undervalued quality stocks.

Head-to-head numbers

Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.

betterweakerfor reference, not scored

Hsin Tai Gas CoNaturgy Energy Group
Valuation
22.1×P/E (TTM)13.2×
2.97×P/S (TTM)1.69×
3.27×P/B3.45×
11.8×EV/EBITDA8.1×
n/aPEG6.40×
−36.0%Fair value upside+11.2%
3.8%Dividend yield6.3%
TWD 2.10Dividend per sharen/a
Profitability
17%Operating margin18%
0.78×EBIT margin trend (5Y)1.42×
16%Return on equity22%
4%Return on assets6%
Growth
-8%Revenue growth (YoY)-7%
6.9%Avg. growth/yr (3Y)n/a
6.0%Avg. growth/yr (5Y)n/a
+6.0%Value creation/yr+15.4%
Balance & size
1,421.0×Interest coverage (EBIT/interest)7.1×
n/aDebt / equity1.38×
$281MMarket cap$32B
healthyGrowth qualitymixed

Naturgy Energy Group leads: 3 to 9 metric wins.

n/a = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Hsin Tai Gas Coof which business quality 64 · market factors 51 Naturgy Energy Groupof which business quality 52 · market factors 71
ProfitabilityMargins and returns on capital today
40
45
Quality GrowthAre margins and returns improving?
47
37
CashflowEarnings quality: real cash, not paper profit
68
67
Fin. StrengthBalance sheet, leverage, solvency risk
73
30
InvestmentDisciplined investing over empire-building
81
71
Low VolatilityCalm price path (market factor)
84
94
MomentumPrice trend over the last 3–12 months (market factor)
42
55
52W MomentumDistance to the 52-week high (market factor)
29
71
Net IssuanceShare count: buybacks or dilution?
82
76

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyHsin Tai Gas CoPrice TWD 55.00Naturgy Energy GroupPrice €29.50
DCF Models-35%below the priceTWD 35.97+17%above the price€34.42
Earnings-Based-69%below the priceTWD 17.08-10%close to the price€26.55
Dividend Discount-55%below the priceTWD 24.62-21%below the price€23.41
Multiples-29%below the priceTWD 39.09+36%above the price€40.20
Asset-Based-80%below the priceTWD 11.26-77%below the price€6.76
Growth DCF-39%below the priceTWD 33.55+25%above the price€36.74
Economic Profit-68%below the priceTWD 17.57-29%below the price€20.95
Growth Earnings-33%below the priceTWD 36.97+4%close to the price€30.66
Minimum-80%below the priceTWD 11.26-77%below the price€6.76
Maximum-29%below the priceTWD 39.09+36%above the price€40.20
Median-47%below the priceTWD 29.08-3%close to the price€28.60
Geometric mean-55%below the priceTWD 24.84-16%below the price€24.67

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Hsin Tai Gas Co: 26 of 26 models see the stock below the current price.

Naturgy Energy Group: 9 of 24 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

Hsin Tai Gas Co
Price TWD 55.00
Fair Value TWD 35.19
Bear TWD 23.71Bull TWD 48.06
Naturgy Energy Group
Price €29.50
Fair Value €32.79
Bear €20.92Bull €48.33

Compare two other stocks

Tap a field and type again, ticker or company name.

Free, no sign-up

Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Hsin Tai Gas Co · Utilities

Quality score66 · Top 25%
Fair value upside-36% · below median

Naturgy Energy Group · Utilities

Quality score55 · Top 25%
Fair value upside+11% · above median

Bottom line

As of Sep 25, 2026, Fair Value Calculator sees Naturgy Energy Group as the more attractively valued of the two: Hsin Tai Gas Co trades at TWD 55.00 versus a fair value of TWD 35.19 (-36%), while Naturgy Energy Group trades at €29.50 versus €32.79 (+11%).

Hsin Tai Gas Co has the higher quality score (66/100).

Open Naturgy Energy Group live analysis →

More comparisons

Popular match-ups from the same sectors, all with fair value and quality score.

Free · Top-25 report

See the undervalued quality stocks every month

Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.

A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.