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.
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, Hokuriku Gas Co's Enterprise Value is 円15,173 Mil.
Hokuriku Gas Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円4,151 Mil. Therefore, Hokuriku Gas Co's EV-to-EBIT ratio for today is 3.66.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Hokuriku Gas Co's Enterprise Value is 円15,173 Mil.
Hokuriku Gas Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was 円10,059 Mil. Therefore, Hokuriku Gas Co's EV-to-EBITDA ratio for today is 1.51.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Hokuriku Gas Co's Enterprise Value is 円15,173 Mil.
Hokuriku Gas Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was 円64,436 Mil. Therefore, Hokuriku Gas Co's EV-to-Revenue ratio for today is 0.24.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Hokuriku Gas Co's Enterprise Value is 円15,173 Mil.
Hokuriku Gas Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円2,874 Mil. Therefore, Hokuriku Gas Co's EV-to-FCF ratio for today is 5.28.
*** 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.
Hokuriku Gas Co (TSE:9537) 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.
Hokuriku Gas Co's current Enterprise Value is 円15,173 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hokuriku Gas Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円4,151 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Hokuriku Gas Co's current Enterprise Value is 円15,173 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hokuriku Gas Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was 円10,059 Mil.
Hokuriku Gas Co's current Enterprise Value is 円15,173 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hokuriku Gas Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was 円64,436 Mil.
Hokuriku Gas Co's current Enterprise Value is 円15,173 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hokuriku Gas Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 円9,008 Mil.
Hokuriku Gas Co's current Enterprise Value is 円15,173 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hokuriku Gas Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円2,874 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.
Hokuriku Gas Co Enterprise Value Related Terms
Hokuriku Gas Co Enterprise Value Historical Data
* Premium members only.
The historical data trend for Hokuriku 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.
TSE:9537 vs ATO, NI, UGI: Enterprise Value Comparison
For the Utilities - Regulated Gas subindustry, Hokuriku 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.
Hokuriku Gas Co Enterprise Value vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Hokuriku Gas Co's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Hokuriku 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.
Hokuriku 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.
Hokuriku Gas Co (TSE:9537) has a Enterprise Value of 円15,173 Mil as of Jul. 15, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Hokuriku Gas Co and its competitors.
Is Hokuriku Gas Co's Enterprise Value too high?
Hokuriku Gas Co's current Enterprise Value is 円15,173 Mil. Overall, Hokuriku Gas Co has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokuriku Gas Co's Enterprise Value compare to ATO and NI?
Hokuriku Gas Co's Enterprise Value of 円15,173 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 Hokuriku Gas Co and its competitors. Hokuriku Gas Co's current Enterprise Value is 円15,173 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokuriku Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Hokuriku Gas Co (TSE:9537) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,701.52, compared to a current price of 円4,280.00 — trading 15.6% above its estimated fair value. The current Enterprise Value is 円15,173 Mil. Hokuriku Gas Co's overall GF Score™ is 67/100 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 Hokuriku Gas Co (TSE:9537), the current Enterprise Value is 円15,173 Mil 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 Hokuriku Gas Co (TSE:9537) Overvalued in 2026?
Based on GuruFocus' analysis, Hokuriku Gas Co stock appears to be overvalued.
The current stock price of 円4,280.00 is trading 15.6% above its estimated GF Value™ of 円3,701.52.
GuruFocus considers Hokuriku Gas Co to be Modestly Overvalued.
Key valuation signals for TSE:9537:
Enterprise Value: 円15,173 Mil
GF Value™: 円3,701.52 vs. price of 円4,280.00 (15.6% above fair value)
No single metric tells the full story. See the TSE:9537 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hokuriku Gas Co Ltd engages in the manufacture, supply, and sale of city gas and gas-related equipment. It is involved in the manufacture, supply, and sale of city gas, as well as the operation of gas works and the sale of gas equipment. The firm also engages in the sale of liquefied petroleum gas (LPG) and LPG equipment, the operation of LPG piping works, gas works and civil engineering works, the design, installation, maintenance, security and inspection of gas equipment, the sale, installation and meter reading of housing facilities and equipment, the leasing and management of buildings, the leasing of business equipment and vehicles, It also undertakes gas construction contracts; and sells gas appliances.
67GF Score
Get the complete analysis for TSE:9537
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:9537 has been successfully added to your 
