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.
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.
Toho Gas CoTHOGF 74 EV-to-EBITDA is 6.11 as of Jul. 15, 2026, which is 61% below its 10-year median of 15.80. GuruFocus rates THOGF with a GF Score™ of 74/100 and a GF Value™ of $6.01. The stock has 3 warning signs investors should review. Among 468 Utilities - Regulated companies, Toho Gas Co ranks better than 73.5% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Toho Gas Co's enterprise value is $3,337 Mil.
Toho Gas Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $547 Mil. Therefore, Toho Gas Co's EV-to-EBITDA for today is 6.11.
The historical rank and industry rank for Toho Gas Co's EV-to-EBITDA or its related term are showing as below:
THOGF'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 4.67 Med: 15.8 Max: 318.31
Current: 6.56
During the past 13 years, the highest EV-to-EBITDA of Toho Gas Co was 318.31. The lowest was 4.67. And the median was 15.80.
THOGF's EV-to-EBITDA is ranked better than 73.5% of 468
companies
in the Utilities - Regulated industry
Industry Median: 9.935
vs THOGF: 6.56
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Toho Gas Co (OTCPK:THOGF) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Toho Gas Co's PE Ratio (TTM) for today is calculated as:
Toho Gas Co's share price for today is $6.4375.
Toho Gas Co's Earnings per Share (Diluted) 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 $0.560.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Toho Gas Co's EV-to-EBITDA 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.
For the Utilities - Regulated Gas subindustry, Toho Gas Co's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Toho Gas Co's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Toho Gas Co's EV-to-EBITDA falls into.
Toho Gas Co's current Enterprise Value is $3,337 Mil.
Toho Gas Co's EBITDA 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 $547 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.
Toho Gas Co (THOGF) has a EV-to-EBITDA of 6.11 as of Jul. 15, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Toho Gas Co. This is 61% below median its historical median of 15.80. Over the past decade, Toho Gas Co's EV-to-EBITDA has ranged from 4.67 to 318.31. According to the industry distribution chart, Toho Gas Co ranks #124 out of 468 companies in the Utilities - Regulated industry, placing it in the top 26.5%.
Is Toho Gas Co's EV-to-EBITDA too high?
Toho Gas Co's current EV-to-EBITDA of 6.11 is 61% below median its 10-year median of 15.80. Over the past 10 years, this metric has ranged from a low of 4.67 to a high of 318.31. The Utilities - Regulated industry median EV-to-EBITDA is 9.94. Toho Gas Co's value of 6.11 is 38.5% below this industry median. Based on the distribution chart, Toho Gas Co ranks #124 out of 468 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 EV-to-EBITDA compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Toho Gas Co ranks #124 out of 468 companies for EV-to-EBITDA. This puts Toho Gas Co in the upper half of its industry. The industry median EV-to-EBITDA is 9.94. Toho Gas Co's value of 6.11 is 38.5% below this benchmark. Historically, Toho Gas Co's own EV-to-EBITDA has ranged from 4.67 to 318.31 over the past decade. While the company's 10-year median is 15.80 vs. the industry median of 9.94, Toho 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-EBITDA for an Utilities - Regulated company?
The median EV-to-EBITDA among Utilities - Regulated companies is 9.94, based on 468 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Toho Gas Co's current EV-to-EBITDA of 6.11 is 38.5% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Toho Gas Co. For the Utilities - Regulated industry, the median EV-to-EBITDA is 9.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toho Gas Co's current EV-to-EBITDA is 6.11, which is 61% below median its own 10-year median of 15.80. 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 EV-to-EBITDA of 6.11. The stock's GF Value™ is $6.01, compared to a current price of $6.44 — trading 7.1% above its estimated fair value. The current EV-to-EBITDA is 6.11, which is 61% below median its 10-year median of 15.80 and 38.5% below the Utilities - Regulated industry median of 9.94. 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 EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Toho Gas Co (THOGF), the current EV-to-EBITDA is 6.11 as of Jul. 15, 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 7.1% above its estimated GF Value™ of $6.01.
Key valuation signals for THOGF:
EV-to-EBITDA: 6.11 (61% below median its 10-year median of 15.80)
GF Value™: $6.01 vs. price of $6.44 (7.1% above fair value)
Industry Position: 38.5% below the Utilities - Regulated median (#124 of 468)
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
Get the complete analysis for THOGF
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
THOGF has been successfully added to your 
