Hokkaido Gas Co (TSE:9534) FCF Margin %: 23.36% (As of Mar. 2026) — 731% Above Median

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TSE:9534 Hokkaido Gas Co Ltd TSE:9534
74 GF Score
Price 円776.00
GF Value 円568.93
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Hokkaido Gas Co FCF Margin %?

Hokkaido Gas Co TSE:9534 +0.26% 74 FCF Margin % is 23.36% as of Mar. 2026, which is 731% above its 10-year median of 2.81. GuruFocus rates TSE:9534 with a GF Score™ of 74/100 and a GF Value™ of 円568.93 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 498 Utilities - Regulated companies, Hokkaido Gas Co ranks better than 60.04% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Hokkaido Gas Co's Free Cash Flow for the three months ended in Mar. 2026 was 円13,964 Mil. Hokkaido Gas Co's Revenue for the three months ended in Mar. 2026 was 円59,767 Mil. Therefore, Hokkaido Gas Co's FCF Margin % for the quarter that ended in Mar. 2026 was 23.36%.

As of today, Hokkaido Gas Co's current FCF Yield % is 15.91%.

The historical rank and industry rank for Hokkaido Gas Co's FCF Margin % or its related term are showing as below:

TSE:9534' s FCF Margin % Range Over the Past 10 Years
Min: -8.35   Med: 2.81   Max: 9.87
Current: 6.25


During the past 13 years, the highest FCF Margin % of Hokkaido Gas Co was 9.87%. The lowest was -8.35%. And the median was 2.81%.

TSE:9534's FCF Margin % is ranked better than
60.04% of 498 companies
in the Utilities - Regulated industry
Industry Median: 2.55 vs TSE:9534: 6.25


Hokkaido Gas Co FCF Margin % Related Terms


Hokkaido Gas Co FCF Margin % Historical Data

* Premium members only.

The historical data trend for Hokkaido Gas Co's FCF Margin % 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.

Hokkaido Gas Co FCF Margin % Chart

Hokkaido Gas Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.47 -8.35 9.12 7.67 6.25

Hokkaido Gas Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % 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 30.35 -2.84 22.91 -22.02 23.36

TSE:9534 vs ATO, NI: FCF Margin % Comparison

For the Utilities - Regulated Gas subindustry, Hokkaido Gas Co's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hokkaido Gas Co's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Hokkaido Gas Co's FCF Margin % falls into.


TSE:9534
74GF Score
Hokkaido Gas Co Ltd TSE:9534
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hokkaido Gas Co FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Hokkaido Gas Co's FCF Margin for the fiscal year that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=10899/174519
=6.25 %

Hokkaido Gas Co's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=13964/59767
=23.36 %

* 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 FCF Margin % →
What does a FCF Margin % of 23.36% mean?
Hokkaido Gas Co (TSE:9534) has a FCF Margin % of 23.36% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Hokkaido Gas Co and its competitors. This is 731% above median its historical median of 2.81. According to the industry distribution chart, Hokkaido Gas Co ranks #199 out of 498 companies in the Utilities - Regulated industry, placing it in the top 40%.
Is Hokkaido Gas Co's FCF Margin % too high?
Hokkaido Gas Co's current FCF Margin % of 23.36% is 731% above median its 10-year median of 2.81. The Utilities - Regulated industry median FCF Margin % is 2.55. Hokkaido Gas Co's value of 23.36% is 816.1% above this industry median. Based on the distribution chart, Hokkaido Gas Co ranks #199 out of 498 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Hokkaido 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 Hokkaido Gas Co's FCF Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Hokkaido Gas Co ranks #199 out of 498 companies for FCF Margin %. This puts Hokkaido Gas Co in the upper half of its industry. The industry median FCF Margin % is 2.55. Hokkaido Gas Co's value of 23.36% is 816.1% above this benchmark. While the company's 10-year median is 2.81 vs. the industry median of 2.55, Hokkaido Gas Co has consistently been above 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 FCF Margin % for an Utilities - Regulated company?
The median FCF Margin % among Utilities - Regulated companies is 2.55, based on 498 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hokkaido Gas Co's current FCF Margin % of 23.36% is 816.1% above 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Hokkaido Gas Co and its competitors. For the Utilities - Regulated industry, the median FCF Margin % is 2.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hokkaido Gas Co's current FCF Margin % is 23.36%, which is 731% above median its own 10-year median of 2.81. 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568.93, compared to a current price of 円776.00 — trading 36.4% above its estimated fair value. The current FCF Margin % is 23.36%, which is 731% above median its 10-year median of 2.81 and 816.1% above the Utilities - Regulated industry median of 2.55. Hokkaido Gas Co's overall GF Score™ is 74/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Hokkaido Gas Co (TSE:9534), the current FCF Margin % is 23.36% as of Mar. 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776.00 is trading 36.4% above its estimated GF Value™ of 円568.93. GuruFocus considers Hokkaido Gas Co to be Significantly Overvalued.

Key valuation signals for TSE:9534:

  • FCF Margin %: 23.36% (731% above median its 10-year median of 2.81)
  • GF Value™: 円568.93 vs. price of 円776.00 (36.4% above fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 816.1% above the Utilities - Regulated median (#199 of 498)

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 Business Description

Address Kita 7-jo Higashi 2-chome 1-1, Sapporo City Higashi Ward, Sapporo, JPN
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.
74GF Score

Get the complete analysis for TSE:9534

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円776.00
Price
円568.93
GF Value