Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tokyo Gas Co's Enterprise Value is $19,352 Mil.
Tokyo Gas Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $2,053 Mil. Therefore, Tokyo Gas Co's EV-to-EBIT ratio for today is 9.43.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Tokyo Gas Co's Enterprise Value is $19,352 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 ratio for today is 5.14.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tokyo Gas Co's Enterprise Value is $19,352 Mil.
Tokyo Gas Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $18,665 Mil. Therefore, Tokyo Gas Co's EV-to-Revenue ratio for today is 1.04.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Tokyo Gas Co's Enterprise Value is $19,352 Mil.
Tokyo Gas Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $0 Mil. Therefore, Tokyo Gas Co's EV-to-FCF ratio for today is .
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Tokyo Gas Co (OTCPK:TKGSF) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Tokyo Gas Co's current Enterprise Value is $19,352 Mil.
Tokyo Gas Co's 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 $2,053 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Tokyo Gas Co's current Enterprise Value is $19,352 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.
Tokyo Gas Co's current Enterprise Value is $19,352 Mil.
Tokyo Gas Co's Revenue 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 $18,665 Mil.
Tokyo Gas Co's current Enterprise Value is $19,352 Mil.
Tokyo Gas Co's Cash Flow from Operations 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 Mil.
Tokyo Gas Co's current Enterprise Value is $19,352 Mil.
Tokyo Gas Co's Free Cash Flow 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 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.
Tokyo Gas Co Enterprise Value Related Terms
Tokyo Gas Co Enterprise Value Historical Data
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The historical data trend for Tokyo Gas Co's Enterprise Value 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, Tokyo Gas Co's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Tokyo Gas Co's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Tokyo Gas Co's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Tokyo Gas Co's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as
* 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 (TKGSF) has a Enterprise Value of $19,352 Mil as of Jun. 28, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Tokyo Gas Co and its competitors.
Is Tokyo Gas Co's Enterprise Value too high?
Tokyo Gas Co's current Enterprise Value is $19,352 Mil. Overall, Tokyo Gas Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Gas Co's Enterprise Value compare to ATO and NI?
Tokyo Gas Co's Enterprise Value of $19,352 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 Enterprise Value for an Utilities - Regulated company?
A good Enterprise Value depends on the Utilities - Regulated industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Tokyo Gas Co and its competitors. Tokyo Gas Co's current Enterprise Value is $19,352 Mil. 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 Modestly Overvalued. The stock's GF Value™ is $31.96, compared to a current price of $39.85 — trading 24.7% above its estimated fair value. The current Enterprise Value is $19,352 Mil. Tokyo Gas Co's overall GF Score™ is 77/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Tokyo Gas Co (TKGSF), the current Enterprise Value is $19,352 Mil as of Jun. 28, 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 $39.85 is trading 24.7% above its estimated GF Value™ of $31.96.
GuruFocus considers Tokyo Gas Co to be Modestly Overvalued.
Key valuation signals for TKGSF:
Enterprise Value: $19,352 Mil
GF Value™: $31.96 vs. price of $39.85 (24.7% above fair value)
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 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.
77GF Score
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