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Toho Gas CoTHOGF 74 Earnings Yield (Joel Greenblatt) % is 7.83% as of Mar. 2026, which is 24% above its 10-year median of 6.31. GuruFocus rates THOGF with a GF Score™ of 74/100 and a GF Value™ of $6.02. The stock has 3 warning signs investors should review. Among 510 Utilities - Regulated companies, Toho Gas Co ranks better than 62.35% on this metric.
Toho Gas Co's Enterprise Value for the quarter that ended in Mar. 2026 was $3,039 Mil.
Toho Gas Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $298 Mil. Toho Gas Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 7.83%.
The historical rank and industry rank for Toho Gas Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
THOGF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.31 Med: 6.31 Max: 21.4
Current: 8.22
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Toho Gas Co was 21.40%. The lowest was 0.31%. And the median was 6.31%.
THOGF's Earnings Yield (Joel Greenblatt) % is ranked better than 62.35% of 510
companies
in the Utilities - Regulated industry
Industry Median: 6.54
vs THOGF: 8.22
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Toho Gas Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 23.01%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Toho Gas Co (OTCPK:THOGF) Earnings Yield (Joel Greenblatt) % Explanation
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Toho Gas Co Earnings Yield (Joel Greenblatt) % Related Terms
Toho Gas Co Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Toho Gas Co's Earnings Yield (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Toho Gas Co Earnings Yield (Joel Greenblatt) % Chart
THOGF vs ATO, NI: Earnings Yield (Joel Greenblatt) % Comparison
For the Utilities - Regulated Gas subindustry, Toho Gas Co's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Toho Gas Co Earnings Yield (Joel Greenblatt) % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Toho Gas Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Toho Gas Co's Earnings Yield (Joel Greenblatt) % falls into.
Toho Gas Co Earnings Yield (Joel Greenblatt) % Calculation
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Toho Gas Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Toho Gas Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $298 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 7.83% mean?
Toho Gas Co (THOGF) has a Earnings Yield (Joel Greenblatt) % of 7.83% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Toho Gas Co and its competitors. This is 24% above median its historical median of 6.31. Over the past decade, Toho Gas Co's Earnings Yield (Joel Greenblatt) % has ranged from 0.31 to 21.40. According to the industry distribution chart, Toho Gas Co ranks #192 out of 510 companies in the Utilities - Regulated industry, placing it in the top 37.6%.
Is Toho Gas Co's Earnings Yield (Joel Greenblatt) % too high?
Toho Gas Co's current Earnings Yield (Joel Greenblatt) % of 7.83% is 24% above median its 10-year median of 6.31. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 21.40. The Utilities - Regulated industry median Earnings Yield (Joel Greenblatt) % is 6.54. Toho Gas Co's value of 7.83% is 19.7% above this industry median. Based on the distribution chart, Toho Gas Co ranks #192 out of 510 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Toho Gas Co has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Toho Gas Co's Earnings Yield (Joel Greenblatt) % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Toho Gas Co ranks #192 out of 510 companies for Earnings Yield (Joel Greenblatt) %. This puts Toho Gas Co in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.54. Toho Gas Co's value of 7.83% is 19.7% above this benchmark. Historically, Toho Gas Co's own Earnings Yield (Joel Greenblatt) % has ranged from 0.31 to 21.40 over the past decade. While the company's 10-year median is 6.31 vs. the industry median of 6.54, Toho Gas Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for an Utilities - Regulated company?
The median Earnings Yield (Joel Greenblatt) % among Utilities - Regulated companies is 6.54, based on 510 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Toho Gas Co's current Earnings Yield (Joel Greenblatt) % of 7.83% is 19.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Toho Gas Co and its competitors. For the Utilities - Regulated industry, the median Earnings Yield (Joel Greenblatt) % is 6.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toho Gas Co's current Earnings Yield (Joel Greenblatt) % is 7.83%, which is 24% above median its own 10-year median of 6.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toho Gas Co stock overvalued right now?
Toho Gas Co (THOGF) has a current Earnings Yield (Joel Greenblatt) % of 7.83%. The stock's GF Value™ is $6.02, compared to a current price of $6.44 — trading 6.9% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 7.83%, which is 24% above median its 10-year median of 6.31 and 19.7% above the Utilities - Regulated industry median of 6.54. Toho Gas Co's overall GF Score™ is 74/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Toho Gas Co (THOGF), the current Earnings Yield (Joel Greenblatt) % is 7.83% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Toho Gas Co (THOGF) Overvalued in 2026?
Based on GuruFocus' analysis, Toho Gas Co stock appears to be overvalued.
The current stock price of $6.44 is trading 6.9% above its estimated GF Value™ of $6.02.
Key valuation signals for THOGF:
Earnings Yield (Joel Greenblatt) %: 7.83% (24% above median its 10-year median of 6.31)
GF Value™: $6.02 vs. price of $6.44 (6.9% above fair value)
Industry Position: 19.7% above the Utilities - Regulated median (#192 of 510)
No single metric tells the full story. See the THOGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toho Gas Co Ltd is a Japan-based company engaged in the supply of energy and related services, including electricity, gas, and liquefied petroleum gas (LPG). The company operates in three business segments. The Electricity segment engages in the sale of electricity. The Gas segment handles the manufacture and sale of gas, gas appliances, consignment supply, and plumbing work. The LPG and Other Energies segment covers the sale of LPG, related equipment, natural gas, heat supply, and coke. The Others segment includes contract processing, real estate management, and other ancillary businesses. It generates the majority of its revenue from the Gas segment.
74GF Score
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