Keiyo Gas Co (TSE:9539) EV-to-EBIT: 7.78 (As of Aug. 31, 2026) — 57% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:9539 Keiyo Gas Co Ltd TSE:9539
71 GF Score
Price 円1,359.00
GF Value 円964.60
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Keiyo Gas Co EV-to-EBIT?

Keiyo Gas Co TSE:9539 +0.52% 71 EV-to-EBIT is 7.78 as of Aug. 31, 2026, which is 57% above its 10-year median of 4.96. GuruFocus rates TSE:9539 with a GF Score™ of 71/100 and a GF Value™ of 円964.60 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 464 Utilities - Regulated companies, Keiyo Gas Co ranks better than 78.45% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Keiyo Gas Co's Enterprise Value is 円49,871 Mil. Keiyo Gas Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was 円6,413 Mil. Therefore, Keiyo Gas Co's EV-to-EBIT for today is 7.78.

The historical rank and industry rank for Keiyo Gas Co's EV-to-EBIT or its related term are showing as below:

TSE:9539' s EV-to-EBIT Range Over the Past 10 Years
Min: -348.23   Med: 4.96   Max: 59.1
Current: 7.78

During the past 13 years, the highest EV-to-EBIT of Keiyo Gas Co was 59.10. The lowest was -348.23. And the median was 4.96.

TSE:9539's EV-to-EBIT is ranked better than
78.45% of 464 companies
in the Utilities - Regulated industry
Industry Median: 13.345 vs TSE:9539: 7.78

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Keiyo Gas Co's Enterprise Value for the quarter that ended in Jun. 2026 was 円55,047 Mil. Keiyo Gas Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was 円6,413 Mil. Keiyo Gas Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 11.65%.


Keiyo Gas Co  (TSE:9539) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Keiyo Gas Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=6413/55047.08
=11.65 %

Keiyo Gas Co's Enterprise Value for the quarter that ended in Jun. 2026 was 円55,047 Mil.
Keiyo Gas Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円6,413 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.


Keiyo Gas Co EV-to-EBIT Related Terms


Keiyo Gas Co EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Keiyo Gas Co's EV-to-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.

Keiyo Gas Co EV-to-EBIT Chart

Keiyo Gas Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.99 57.39 16.09 14.65 9.59

Keiyo Gas Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-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 8.18 9.29 9.59 7.98 8.58

TSE:9539 vs ATO, NI: EV-to-EBIT Comparison

For the Utilities - Regulated Gas subindustry, Keiyo 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.


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

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

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


TSE:9539
71GF Score
Keiyo Gas Co Ltd TSE:9539
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Keiyo Gas Co EV-to-EBIT Calculation

Keiyo Gas Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=49870.562/6413
=7.78

Keiyo Gas Co's current Enterprise Value is 円49,871 Mil.
Keiyo Gas Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円6,413 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 EV-to-EBIT →
What does a EV-to-EBIT of 7.78 mean?
Keiyo Gas Co (TSE:9539) has a EV-to-EBIT of 7.78 as of Aug. 31, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Keiyo Gas Co and its competitors. This is 57% above median its historical median of 4.96. According to the industry distribution chart, Keiyo Gas Co ranks #100 out of 464 companies in the Utilities - Regulated industry, placing it in the top 21.6%.
Is Keiyo Gas Co's EV-to-EBIT too high?
Keiyo Gas Co's current EV-to-EBIT of 7.78 is 57% above median its 10-year median of 4.96. The Utilities - Regulated industry median EV-to-EBIT is 13.35. Keiyo Gas Co's value of 7.78 is 41.7% below this industry median. Based on the distribution chart, Keiyo Gas Co ranks #100 out of 464 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Keiyo Gas Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keiyo Gas Co's EV-to-EBIT compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Keiyo Gas Co ranks #100 out of 464 companies for EV-to-EBIT. This places Keiyo Gas Co in the top 22% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 13.35. Keiyo Gas Co's value of 7.78 is 41.7% below this benchmark. While the company's 10-year median is 4.96 vs. the industry median of 13.35, Keiyo Gas Co has consistently been below 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 EV-to-EBIT for an Utilities - Regulated company?
The median EV-to-EBIT among Utilities - Regulated companies is 13.35, based on 464 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Keiyo Gas Co's current EV-to-EBIT of 7.78 is 41.7% below 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Keiyo Gas Co and its competitors. For the Utilities - Regulated industry, the median EV-to-EBIT is 13.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keiyo Gas Co's current EV-to-EBIT is 7.78, which is 57% above median its own 10-year median of 4.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keiyo Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Keiyo Gas Co (TSE:9539) is currently considered Significantly Overvalued. The stock's GF Value™ is 円964.60, compared to a current price of 円1,359.00 — trading 40.9% above its estimated fair value. The current EV-to-EBIT is 7.78, which is 57% above median its 10-year median of 4.96 and 41.7% below the Utilities - Regulated industry median of 13.35. Keiyo Gas Co's overall GF Score™ is 71/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Keiyo Gas Co (TSE:9539), the current EV-to-EBIT is 7.78 as of Aug. 31, 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 Keiyo Gas Co (TSE:9539) Overvalued in 2026?

Based on GuruFocus' analysis, Keiyo Gas Co stock appears to be overvalued. The current stock price of 円1,359.00 is trading 40.9% above its estimated GF Value™ of 円964.60. GuruFocus considers Keiyo Gas Co to be Significantly Overvalued.

Key valuation signals for TSE:9539:

  • EV-to-EBIT: 7.78 (57% above median its 10-year median of 4.96)
  • GF Value™: 円964.60 vs. price of 円1,359.00 (40.9% above fair value)
  • GF Score™: 71/100 with 7 warning signs
  • Industry Position: 41.7% below the Utilities - Regulated median (#100 of 464)

No single metric tells the full story. See the TSE:9539 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Keiyo Gas Co Business Description

Address 2-8-8 Minami Ichikawa, Chiba Prefecture, Ichikawa, JPN, 272-8580
Keiyo Gas Co Ltd is engaged in gas business. The company produces, process and sells gas byproducts. It is also engaged in production, sales, rental, installation, repair, maintenance and management of gas appliances, kitchen equipment, water supply, and drainage equipment, air conditioning equipment and housing equipment.
71GF Score

Get the complete analysis for TSE:9539

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

円1,359.00
Price
円964.60
GF Value