Nippon Gas Co (TSE:8174) EBIT: 円21,426 Mil (TTM As of Mar. 2026)


TSE:8174 Nippon Gas Co Ltd TSE:8174
79 GF Score
Price 円2,830.50
GF Value 円2,682.29
Valuation Fairly Valued
! 4 Warning Signs
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What is Nippon Gas Co EBIT?

Nippon Gas Co TSE:8174 +0.43% 79 EBIT is 円21,426 Mil as of Mar. 2026. GuruFocus rates TSE:8174 with a GF Score™ of 79/100 and a GF Value™ of 円2,682.29 (Fairly Valued). The stock has 4 warning signs investors should review.

Nippon Gas Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was 円10,216 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円21,426 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nippon Gas Co's annualized ROC % for the quarter that ended in Mar. 2026 was 23.09%. Nippon Gas Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 48.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nippon Gas Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.53%.


Nippon Gas Co  (TSE:8174) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Nippon Gas Co's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=41092 * ( 1 - 28.6% )/( (124732 + 129448)/ 2 )
=29339.688/127090
=23.09 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Nippon Gas Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=40864/( ( (80029 + max(5943, 0)) + (79358 + max(1866, 0)) )/ 2 )
=40864/( ( 85972 + 81224 )/ 2 )
=40864/83598
=48.88 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(27137 + 4735 + 6942) - (20625 + 0 + 12246)
=5943

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(27965 + 4829 + 7646) - (24799 + 0 + 13775)
=1866

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Nippon Gas Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=21426/328093.696
=6.53 %

* 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.


Nippon Gas Co EBIT Related Terms


Nippon Gas Co EBIT Historical Data

* Premium members only.

The historical data trend for Nippon Gas Co's EBIT 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.

Nippon Gas Co EBIT Chart

Nippon Gas Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14,606.00 15,291.00 15,303.00 17,043.00 21,426.00

Nippon Gas Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,401.00 3,730.00 1,387.00 6,093.00 10,216.00

TSE:8174 vs ATO, NI: EBIT Comparison

For the Utilities - Regulated Gas subindustry, Nippon Gas Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Nippon Gas Co EV-to-EBIT vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Nippon Gas Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Nippon Gas Co's EV-to-EBIT falls into.


TSE:8174
79GF Score
Nippon Gas Co Ltd TSE:8174
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Gas Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

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 円21,426 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of 円21,426 Mil mean?
Nippon Gas Co (TSE:8174) has a EBIT of 円21,426 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Nippon Gas Co.
Is Nippon Gas Co's EBIT too high?
Nippon Gas Co's current EBIT is 円21,426 Mil. Overall, Nippon Gas Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Gas Co's EBIT compare to ATO and NI?
Nippon Gas Co's EBIT of 円21,426 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Utilities - Regulated company?
A good EBIT depends on the Utilities - Regulated industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Nippon Gas Co. Nippon Gas Co's current EBIT is 円21,426 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Gas Co (TSE:8174) is currently considered Fairly Valued. The stock's GF Value™ is 円2,682.29, compared to a current price of 円2,830.50 — trading 5.5% above its estimated fair value. The current EBIT is 円21,426 Mil. Nippon Gas Co's overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Nippon Gas Co (TSE:8174), the current EBIT is 円21,426 Mil 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 Nippon Gas Co (TSE:8174) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Gas Co stock appears to be overvalued. The current stock price of 円2,830.50 is trading 5.5% above its estimated GF Value™ of 円2,682.29. GuruFocus considers Nippon Gas Co to be Fairly Valued.

Key valuation signals for TSE:8174:

  • EBIT: 円21,426 Mil
  • GF Value™: 円2,682.29 vs. price of 円2,830.50 (5.5% above fair value)
  • GF Score™: 79/100 with 4 warning signs

No single metric tells the full story. See the TSE:8174 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Gas Co Business Description

Other Exchanges NPNGY:USANG0:Germany
Address 10, No. 7, No. 2-chome, Tokyo, JPN, 104-8540
Nippon Gas Co Ltd, or Nichigas, is a Japanese supplier of gas primarily in the Kanto region of Japan. The company segments its operations into LP Gas, City Gas, Electricity, and Life Products Businesses. LP Gas and City Gas are Nichigas' core segments, which engage in the distribution and sale of liquefied petroleum gas, or LPG, and city gas for consumer usage. The company's total revenue is split between sales of LPG and city gas, with LPG generating slightly more. Roughly half of Nichigas' customers are residential consumers in terms of sales volume, while the other half are commercial entities. With its subsidiaries, the company is also involved in the distribution and sale of liquefied natural gas, high-pressure gas, and gas appliances.
79GF Score

Get the complete analysis for TSE:8174

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円2,830.50
Price
円2,682.29
GF Value