Hokkaido Gas Co (TSE:9534) EBIT: 円16,407 Mil (TTM As of Mar. 2026)

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TSE:9534 Hokkaido Gas Co Ltd TSE:9534
74 GF Score
Price 円776.00
GF Value 円568.93
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Hokkaido Gas Co EBIT?

Hokkaido Gas Co TSE:9534 +0.26% 74 EBIT is 円16,407 Mil as of Mar. 2026. GuruFocus rates TSE:9534 with a GF Score™ of 74/100 and a GF Value™ of 円568.93 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Hokkaido Gas Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was 円7,935 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円16,407 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hokkaido Gas Co's annualized ROC % for the quarter that ended in Mar. 2026 was 13.10%. Hokkaido Gas Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 24.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hokkaido Gas Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.78%.


Hokkaido Gas Co  (TSE:9534) EBIT Explanation

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

Hokkaido 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 )
=33436 * ( 1 - 26.03% )/( (191117 + 186510)/ 2 )
=24732.6092/188813.5
=13.10 %

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:

Hokkaido 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 )
=31740/( ( (127176 + max(-10590, 0)) + (128011 + max(-8671, 0)) )/ 2 )
=31740/( ( 127176 + 128011 )/ 2 )
=31740/127593.5
=24.88 %

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)
=(18160 + 12332 + 5995) - (5900 + 0 + 41177)
=-10590

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(19630 + 11338 + 5288) - (10560 + 0 + 34367)
=-8671

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=16407/103941.042
=15.78 %

* 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.


Hokkaido Gas Co EBIT Related Terms


Hokkaido Gas Co EBIT Historical Data

* Premium members only.

The historical data trend for Hokkaido 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.

Hokkaido Gas Co EBIT Chart

Hokkaido 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 7,612.00 14,159.00 16,292.00 14,829.00 16,407.00

Hokkaido 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 9,225.00 6,078.00 957.00 1,437.00 7,935.00

TSE:9534 vs ATO, NI: EBIT Comparison

For the Utilities - Regulated Gas subindustry, Hokkaido 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.


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

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

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


TSE:9534
74GF Score
Hokkaido Gas Co Ltd TSE:9534
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Hokkaido 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16,407 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16,407 Mil mean?
Hokkaido Gas Co (TSE:9534) has a EBIT of 円16,407 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hokkaido Gas Co.
Is Hokkaido Gas Co's EBIT too high?
Hokkaido Gas Co's current EBIT is 円16,407 Mil. Overall, Hokkaido Gas Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokkaido Gas Co's EBIT compare to ATO and NI?
Hokkaido Gas Co's EBIT of 円16,407 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 Hokkaido Gas Co. Hokkaido Gas Co's current EBIT is 円16,407 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokkaido Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Hokkaido Gas Co (TSE:9534) is currently considered Significantly Overvalued. The stock's GF Value™ is 円568.93, compared to a current price of 円776.00 — trading 36.4% above its estimated fair value. The current EBIT is 円16,407 Mil. Hokkaido Gas Co's overall GF Score™ is 74/100 with 2 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 Hokkaido Gas Co (TSE:9534), the current EBIT is 円16,407 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 Hokkaido Gas Co (TSE:9534) Overvalued in 2026?

Based on GuruFocus' analysis, Hokkaido Gas Co stock appears to be overvalued. The current stock price of 円776.00 is trading 36.4% above its estimated GF Value™ of 円568.93. GuruFocus considers Hokkaido Gas Co to be Significantly Overvalued.

Key valuation signals for TSE:9534:

  • EBIT: 円16,407 Mil
  • GF Value™: 円568.93 vs. price of 円776.00 (36.4% above fair value)
  • GF Score™: 74/100 with 2 warning signs

No single metric tells the full story. See the TSE:9534 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hokkaido Gas Co Business Description

Address Kita 7-jo Higashi 2-chome 1-1, Sapporo City Higashi Ward, Sapporo, JPN
Hokkaido Gas Co Ltd is a Japan-based company operating in the utility sector. Its business activities included gas, heat supply, power supply, and sale of gas by-products. The company is also engaged in the production and sale of gas appliances and related construction work. Hokkaido serves to individual and corporate customers in areas throughout Japan including Sapporo, Otaru, Hakodate, Chitose, Ishikari, Kitahiroshima, Eniwa, Hokuto, and Kitami.
74GF Score

Get the complete analysis for TSE:9534

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

円776.00
Price
円568.93
GF Value