TKGSF (Tokyo Gas Co) EV-to-EBITDA: 5.12 (As of Jul. 25, 2026) — 65% Below Median

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TKGSF Tokyo Gas Co Ltd TKGSF
74 GF Score
Price $38.20
GF Value $26.30
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Tokyo Gas Co EV-to-EBITDA?

Tokyo Gas Co TKGSF 74 EV-to-EBITDA is 5.12 as of Jul. 25, 2026, which is 65% below its 10-year median of 14.67. GuruFocus rates TKGSF with a GF Score™ of 74/100 and a GF Value™ of $26.30 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 468 Utilities - Regulated companies, Tokyo Gas Co ranks better than 82.05% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Tokyo Gas Co's enterprise value is $19,285 Mil. Tokyo Gas Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $3,765 Mil. Therefore, Tokyo Gas Co's EV-to-EBITDA for today is 5.12.

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

TKGSF' s EV-to-EBITDA Range Over the Past 10 Years
Min: 4.45   Med: 14.67   Max: 35.82
Current: 5.44

During the past 13 years, the highest EV-to-EBITDA of Tokyo Gas Co was 35.82. The lowest was 4.45. And the median was 14.67.

TKGSF's EV-to-EBITDA is ranked better than
82.05% of 468 companies
in the Utilities - Regulated industry
Industry Median: 9.945 vs TKGSF: 5.44

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.

As of today (2026-07-25), Tokyo Gas Co's stock price is $38.1976. Tokyo Gas Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $4.352. Therefore, Tokyo Gas Co's PE Ratio (TTM) for today is 8.78.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Tokyo Gas Co  (OTCPK:TKGSF) 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.

Tokyo Gas Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=38.1976/4.352
=8.78

Tokyo Gas Co's share price for today is $38.1976.
Tokyo 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 $4.352.

* 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).

Please read Which price ratio outperforms the enterprise multiple?


Tokyo Gas Co EV-to-EBITDA Related Terms


Tokyo Gas Co EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Tokyo 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.

Tokyo Gas Co EV-to-EBITDA Chart

Tokyo Gas Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.76 3.03 5.17 7.23 6.25

Tokyo Gas Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA 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 7.23 5.69 5.35 5.71 6.25

TKGSF vs ATO, NI: EV-to-EBITDA Comparison

For the Utilities - Regulated Gas subindustry, Tokyo 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.


Tokyo Gas Co EV-to-EBITDA vs Utilities - Regulated Industry

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

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


TKGSF
74GF Score
Tokyo Gas Co Ltd TKGSF
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokyo Gas Co EV-to-EBITDA Calculation

Tokyo Gas Co's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=19285.075/3765.036
=5.12

Tokyo Gas Co's current Enterprise Value is $19,285 Mil.
Tokyo 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 $3,765 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-EBITDA →
What does a EV-to-EBITDA of 5.12 mean?
Tokyo Gas Co (TKGSF) has a EV-to-EBITDA of 5.12 as of Jul. 25, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Tokyo Gas Co. This is 65% below median its historical median of 14.67. Over the past decade, Tokyo Gas Co's EV-to-EBITDA has ranged from 4.45 to 35.82. According to the industry distribution chart, Tokyo Gas Co ranks #84 out of 468 companies in the Utilities - Regulated industry, placing it in the top 17.9%.
Is Tokyo Gas Co's EV-to-EBITDA too high?
Tokyo Gas Co's current EV-to-EBITDA of 5.12 is 65% below median its 10-year median of 14.67. Over the past 10 years, this metric has ranged from a low of 4.45 to a high of 35.82. The Utilities - Regulated industry median EV-to-EBITDA is 9.95. Tokyo Gas Co's value of 5.12 is 48.5% below this industry median. Based on the distribution chart, Tokyo Gas Co ranks #84 out of 468 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Tokyo 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 Tokyo Gas Co's EV-to-EBITDA compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Tokyo Gas Co ranks #84 out of 468 companies for EV-to-EBITDA. This places Tokyo Gas Co in the top 18% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 9.95. Tokyo Gas Co's value of 5.12 is 48.5% below this benchmark. Historically, Tokyo Gas Co's own EV-to-EBITDA has ranged from 4.45 to 35.82 over the past decade. While the company's 10-year median is 14.67 vs. the industry median of 9.95, Tokyo 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 9.95, 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. Tokyo Gas Co's current EV-to-EBITDA of 5.12 is 48.5% 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 Tokyo Gas Co. For the Utilities - Regulated industry, the median EV-to-EBITDA is 9.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Gas Co's current EV-to-EBITDA is 5.12, which is 65% below median its own 10-year median of 14.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Gas Co (TKGSF) is currently considered Significantly Overvalued. The stock's GF Value™ is $26.30, compared to a current price of $38.20 — trading 45.2% above its estimated fair value. The current EV-to-EBITDA is 5.12, which is 65% below median its 10-year median of 14.67 and 48.5% below the Utilities - Regulated industry median of 9.95. Tokyo 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 Tokyo Gas Co (TKGSF), the current EV-to-EBITDA is 5.12 as of Jul. 25, 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 Tokyo Gas Co (TKGSF) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Gas Co stock appears to be overvalued. The current stock price of $38.20 is trading 45.2% above its estimated GF Value™ of $26.30. GuruFocus considers Tokyo Gas Co to be Significantly Overvalued.

Key valuation signals for TKGSF:

  • EV-to-EBITDA: 5.12 (65% below median its 10-year median of 14.67)
  • GF Value™: $26.30 vs. price of $38.20 (45.2% above fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 48.5% below the Utilities - Regulated median (#84 of 468)

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


Tokyo Gas Co Business Description

Address 1-5-20 Kaigan, Minato-ku, Tokyo, JPN, 105-8527
Tokyo Gas Co Ltd is a Japanese utility company involved in the production, generation, and supply of natural gas and electricity. Tokyo Gas segments its operations into Gas, Electric Power, Overseas, and Other business units. The company's Gas division generates the vast majority of its total revenue through the supply and sale of natural gas to, namely, the Tokyo metropolitan area and other Japanese urban areas. Tokyo Gas' supply of natural gas is fairly evenly distributed amongst residential, commercial, industrial, and power generation customers. The company's Electric Power business also represents a significant income stream. This division operates a portfolio of cogeneration and natural gas-fired thermal power plants primarily located in the Tokyo area.
74GF Score

Get the complete analysis for TKGSF

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

$38.20
Price
$26.30
GF Value