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Hokkaido Gas CoTSE:9534 +1.20%83 EV-to-EBITDA is 3.85 as of Aug. 31, 2026, which is 17% below its 10-year median of 4.64. GuruFocus rates TSE:9534 with a GF Score™ of 83/100 and a GF Value™ of 円613.25 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 469 Utilities - Regulated companies, Hokkaido Gas Co ranks better than 88.49% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Hokkaido Gas Co's enterprise value is 円116,024 Mil.
Hokkaido Gas Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was 円30,143 Mil. Therefore, Hokkaido Gas Co's EV-to-EBITDA for today is 3.85.
The historical rank and industry rank for Hokkaido Gas Co's EV-to-EBITDA or its related term are showing as below:
TSE:9534'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.82 Med: 4.64 Max: 7.17
Current: 3.85
During the past 13 years, the highest EV-to-EBITDA of Hokkaido Gas Co was 7.17. The lowest was 2.82. And the median was 4.64.
TSE:9534's EV-to-EBITDA is ranked better than 88.49% of 469
companies
in the Utilities - Regulated industry
Industry Median: 9.8
vs TSE:9534: 3.85
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.
Hokkaido Gas Co (TSE:9534) 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.
Hokkaido Gas Co's PE Ratio (TTM) for today is calculated as:
Hokkaido Gas Co's share price for today is 円845.00.
Hokkaido Gas Co's Earnings per Share (Diluted) 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109.890.
* 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 Hokkaido 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, Hokkaido 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.
Hokkaido Gas Co EV-to-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Hokkaido Gas Co's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Hokkaido Gas Co's EV-to-EBITDA falls into.
Hokkaido Gas Co's current Enterprise Value is 円116,024 Mil.
Hokkaido Gas Co's EBITDA 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30,143 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.
Hokkaido Gas Co (TSE:9534) has a EV-to-EBITDA of 3.85 as of Aug. 31, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Hokkaido Gas Co. This is 17% below median its historical median of 4.64. Over the past decade, Hokkaido Gas Co's EV-to-EBITDA has ranged from 2.82 to 7.17. According to the industry distribution chart, Hokkaido Gas Co ranks #54 out of 469 companies in the Utilities - Regulated industry, placing it in the top 11.5%.
Is Hokkaido Gas Co's EV-to-EBITDA too high?
Hokkaido Gas Co's current EV-to-EBITDA of 3.85 is 17% below median its 10-year median of 4.64. Over the past 10 years, this metric has ranged from a low of 2.82 to a high of 7.17. The Utilities - Regulated industry median EV-to-EBITDA is 9.80. Hokkaido Gas Co's value of 3.85 is 60.7% below this industry median. Based on the distribution chart, Hokkaido Gas Co ranks #54 out of 469 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Hokkaido Gas Co has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokkaido Gas Co's EV-to-EBITDA compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Hokkaido Gas Co ranks #54 out of 469 companies for EV-to-EBITDA. This places Hokkaido Gas Co in the top 12% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 9.80. Hokkaido Gas Co's value of 3.85 is 60.7% below this benchmark. Historically, Hokkaido Gas Co's own EV-to-EBITDA has ranged from 2.82 to 7.17 over the past decade. While the company's 10-year median is 4.64 vs. the industry median of 9.80, Hokkaido 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 9.80, based on 469 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. Hokkaido Gas Co's current EV-to-EBITDA of 3.85 is 60.7% 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-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 Hokkaido Gas Co. For the Utilities - Regulated industry, the median EV-to-EBITDA is 9.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hokkaido Gas Co's current EV-to-EBITDA is 3.85, which is 17% below median its own 10-year median of 4.64. 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613.25, compared to a current price of 円845.00 — trading 37.8% above its estimated fair value. The current EV-to-EBITDA is 3.85, which is 17% below median its 10-year median of 4.64 and 60.7% below the Utilities - Regulated industry median of 9.80. Hokkaido Gas Co's overall GF Score™ is 83/100 with 5 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 Hokkaido Gas Co (TSE:9534), the current EV-to-EBITDA is 3.85 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 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845.00 is trading 37.8% above its estimated GF Value™ of 円613.25.
GuruFocus considers Hokkaido Gas Co to be Significantly Overvalued.
Key valuation signals for TSE:9534:
EV-to-EBITDA: 3.85 (17% below median its 10-year median of 4.64)
GF Value™: 円613.25 vs. price of 円845.00 (37.8% above fair value)
Industry Position: 60.7% below the Utilities - Regulated median (#54 of 469)
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 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.
83GF Score
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