3 Undervalued Gas Utilities Stocks for Monday, March 23

By Omar Beirat
March 23, 2026
Diamond graphic indicating best value stocks in their industry
Featured Tickers:

Based on key financial metrics such as the price-to-sales ratio, shareholder yield and the price-earnings ratio, the following 3 stocks made the list for top value stocks in the Gas Utilities industry. Those looking for value stocks to add to their portfolio may want to use this list as a starting point for further investment research.

Why Focus on Undervalued Gas Utilities Stocks?

Value investors seek to buy stocks at a discount to their intrinsic value. Long-term returns show that such strategies are advantageous. Value stocks, as a group, tend to outperform growth stocks over extended periods of time. Typically, value investors perform financial analysis of numerous metrics, don’t follow the herd and are long-term investors.

AAII’s A+ Investor Value Grade is derived from a stock’s Value Score. The Value Score is the percentile rank of the average of the percentile ranks of the price-to-sales ratio, price-earnings ratio, enterprise-value-to-EBITDA (EV/EBITDA) ratio, shareholder yield, price-to-book-value ratio and price-to-free-cash-flow ratio. The score is variable, meaning it can consider all six ratios or, should any of the six ratios not be valid, the remaining ratios that are valid. To be assigned a Value Score, stocks must have a valid (non-null) ratio and corresponding ranking for at least two of the six valuation ratios.

What Goes Into AAII’s Value Grade?

Stock evaluation requires access to huge amounts of data as well as the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movement. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors with that task.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A–F grades for more than just value. It is possible for a stock to appear cheap based on one valuation metric but appear expensive on another. It is also possible for one valuation ratio to be associated with outperforming stocks during certain periods of time but not others. Some stocks may even have null values for certain metrics like the price-earnings ratio or the price-to-book ratio but not others. An example of this would be a company with losses instead of profits or a negative book value because of heavy borrowing. Negative earnings or book value result in non-meaningful ratios that are left blank or null.

Click the button below to learn more about A+ Investor and subscribe today.

Learn More About A+ Investor

3 Undervalued Gas Utilities Stocks

Of course, there are countless value stocks that are worth mentioning, but this is a concise list of the top 3 undervalued stocks in the Gas Utilities industry for Monday, March 23, 2026. Let’s take a closer look at their individual scores to see how they measure up against each other and the Gas Utilities industry median.

Company Ticker Price/Sales Price/Earnings EV/EBITDA Shareholder Yield Price/Book Value Price/Free Cash Flow Value Grade
Brookfield Infrastructure Corporation BIPC 1.33 na 7.1 3.7% na na A
RGC Resources, Inc. RGCO 2.22 17.0 10.6 4.5% 1.90 na B
Star Group, L.P. SGU 0.23 6.4 4.4 10.3% 1.23 10.4 A

The Value Grade is assigned based on how each stock’s composite valuation compares to all other stocks.

The process for assigning grades starts with each variable for a given stock. The percentile rankings for all valid ratios that a stock has are calculated. So, for instance, a stock could have a price-to-book ranking in the 43rd percentile, a price-earnings ranking in the 67th percentile, a price-to-sales ranking in the 23rd percentile, etc. Then, those rankings are averaged for each stock. (A minimum of two valid variables are required, though all six will be used if available.)

Once the average of the individual variables is calculated, that average is ranked against all stocks. Put another way, each stock’s composite valuation is compared to all other stocks. These ranks are then sorted into quintiles from the cheapest 20% (a grade of A) to the most expensive 20% (a grade of F).

As always, we recommend that you conduct proper due diligence and research before investing in any security. We also suggest that investors utilize numerous grades, not just value, when it comes to deciding whether a company is a good fit for their allocation needs.

Brookfield Infrastructure Corporation’s Value Grade

Value Grade:

Metric Score BIPC Industry Median
Price/Sales 41 1.33 2.03
Price/Earnings na na 17.8
EV/EBITDA 19 7.1 10.2
Shareholder Yield 22 3.7% 2.4%
Price/Book Value na na 1.64
Price/Free Cash Flow na na 38.0

Brookfield Infrastructure Corporation, together with its subsidiaries, owns and operates utility investments in Brazil, the United Kingdom, and internationally. It also engages in the regulated gas and electricity business; and operation of regulated natural gas transmission systems. The company operates approximately 2,000 kilometers of natural gas transportation pipelines in the states of Rio de Janeiro, Sao Paulo, and Minas Gerais, Brazil; gas and electricity connections in the United Kingdom; and a global fleet of twenty-foot equivalent units intermodal containers under long-term contracts. The company was incorporated in 2019 and is headquartered in New York, New York. Brookfield Infrastructure Corporation operates as a subsidiary of Brookfield Infrastructure Partners L.P.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are value and so on.

Brookfield Infrastructure Corporation has a Value Score of 88, which is considered to be undervalued.

When you look at Brookfield Infrastructure Corporation’s price-to-sales ratio at 1.33 compared to the industry median at 2.03, this company has a lower price relative to revenue compared to its peers. This could make Brookfield Infrastructure Corporation’s stock more attractive for value investors.

Now, let’s assess Brookfield Infrastructure Corporation’s EV/EBITDA ratio, also known as enterprise multiple. At 7.1, when compared to the industry median of 10.2, the company may be considered undervalued in relation to its peers. Value investors could use the enterprise multiple to identify stocks that are considered overvalued or undervalued relative to their industry.

Shareholder yield is the sum of a stock’s dividend yield (paid over previous 12 months minus special dividends) and the percentage of net share buybacks over the previous 12 months. Brookfield Infrastructure Corporation’s shareholder yield is higher than its industry median ratio of 2.40%. Value investors may look for an attractive shareholder yield because it can be a powerful tool for identifying if the company has a good management team.

RGC Resources, Inc.’s Value Grade

Value Grade:

Metric Score RGCO Industry Median
Price/Sales 54 2.22 2.03
Price/Earnings 45 17.0 17.8
EV/EBITDA 38 10.6 10.2
Shareholder Yield 18 4.5% 2.4%
Price/Book Value 52 1.90 1.64
Price/Free Cash Flow na na 38.0

RGC Resources, Inc., through its subsidiaries, operates as an energy services company. It sells and distributes natural gas to residential, commercial, and industrial customers in Roanoke, Virginia, and the surrounding localities. It operates approximately 1,184 miles of transmission and distribution pipeline; and a liquefied natural gas storage facility, as well as owns and operates eleven metering stations. The company also produces biogas. RGC Resources, Inc. was founded in 1883 and is based in Roanoke, Virginia.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are value and so on.

RGC Resources, Inc. has a Value Score of 62, which is considered to be undervalued.

RGC Resources, Inc.’s price-earnings ratio is 17.0 compared to the industry median at 17.8. This means that it has a lower price relative to its earnings compared to its peers. This makes RGC Resources, Inc. more attractive for value investors.

RGC Resources, Inc.’s price-to-book ratio is lower than its peers. This could make RGC Resources, Inc. more attractive for value investors when compared to the industry median at 1.64.

You can read more about RGC Resources, Inc.’s key financial metrics like shareholder yield, price-to-free-cash-flow and EV/EBITDA ratio, or learn more about its Momentum and Growth Grades, by subscribing to A+ Investor.

Star Group, L.P.’s Value Grade

Value Grade:

Metric Score SGU Industry Median
Price/Sales 11 0.23 2.03
Price/Earnings 7 6.4 17.8
EV/EBITDA 8 4.4 10.2
Shareholder Yield 5 10.3% 2.4%
Price/Book Value 35 1.23 1.64
Price/Free Cash Flow 26 10.4 38.0

Star Group, L.P., together with its subsidiaries, provides home heating oil and propane products and services to residential and commercial customers in the United States. It offers gasoline and diesel fuel; and installs, maintains, and repairs heating and air conditioning equipment and ancillary services. As of September 30, 2025, the company served approximately 406,400 full-service residential and commercial home heating oil and propane customers and 63,200 customers on a delivery only basis. It sells gasoline and diesel fuel to approximately 27,700 customers. The company was formerly known as Star Gas Partners, L.P. and changed its name to Star Group, L.P. in October 2017. The company was incorporated in 1995 and is based in Stamford, Connecticut.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are value and so on.

Star Group, L.P. has a Value Score of 98, which is considered to be undervalued.

Star Group, L.P.’s price-earnings ratio is 6.4 compared to the industry median at 17.8. This means that it has a lower price relative to its earnings compared to its peers. This makes Star Group, L.P. more attractive for value investors.

Star Group, L.P.’s price-to-book ratio is higher than its peers. This could make Star Group, L.P. less attractive for value investors when compared to the industry median at 1.64.

You can read more about Star Group, L.P.’s key financial metrics like shareholder yield, price-to-free-cash-flow and EV/EBITDA ratio, or learn more about its Momentum and Growth Grades, by subscribing to A+ Investor.

Learn More About A+ Investor

Other Gas Utilities Stock Grades

Value is just one of the five Stock Grades included in our A+ Investor service. AAII members can see the top-graded stocks—those with grades of A or B for value, growth, momentum, earnings estimate revisions and quality—on the A+ Stock Grades Screener.

Also, if you want full access to all of AAII’s premium services, you can subscribe to one convenient bundled plan called AAII Platinum where you can try out A+ Investor, AAII Dividend Investing, the Stock Superstars Report, Growth Investing and VMQ Stocks. With the other premium services, you can dive deep into additional metrics, portfolios, commentary and information about Gas Utilities stocks as well as other industrys.

Choosing Which of the 3 Best Gas Utilities Stocks Is Right for You

Choosing which value stocks to invest in will ultimately depend on your individual goals and allocation; however, comparing similar value stocks in the same industry can help you analyze which might be better investments for you in the long run. So, let’s take a look at the Value Grade for all of our stocks.

  • Brookfield Infrastructure Corporation stock has a Value Grade of A.
  • RGC Resources, Inc. stock has a Value Grade of B.
  • Star Group, L.P. stock has a Value Grade of A.

Now that you have a bit more background about each of the 3 undervalued stocks in the Gas Utilities industry as well as their overall grades, it’s time for you to conduct additional research to see if these could fit your portfolio needs based on your goals and risk tolerance. AAII can help you figure out both and identify which investments align with what works best for you.

We do so through a program of education that teaches you to invest for yourself and become an effective manager of your own wealth—no more relying on others for your financial independence. You can rely on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis that makes you a better investor.

A+ Investor adds to that qualitative teaching by giving you a powerful data suite that helps you whittle down investment decisions to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

Learn More About A+ Investor

Additional Resources About Gas Utilities Stocks

Want to learn more about Gas Utilities stocks to see if they could be the right investment for you? Check out some additional resources and articles to help you on your financial journey.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith and we accept no liability for any errors or omissions. The full disclaimer can be read here.



Find New Stock Opportunities With Included With AAII Platinum
Zweig Screen: 11.3% Compared to S&P 500
at only 6.9%

Gain Since Inception. Data as of 12/31/2024.




Try AAII Platinum and get full access to
769.3% Stock Superstars Portfolio Total Return Since Inception
Compare to:
710.3% iShare DOW Jones
U.S. Index ETF (IYY)

SSR Group 3 O'Shaughnessy portfolio has a 411.2% gain since inception performance compared to IYY at only 119.1%% Performance as of 11/29/24.

Get your free copy of our special report analyzing the tech stocks most likely to outperform the market.

Download the FREE Report Here:

BECOME A MEMBER FOR ONLY $2

Get access to powerful investment discovery tools and a wealth of investment education to help you achieve your financial goals.