Tokyo Gas CoTKGSF 75 Gross Margin % is 20.17% as of Mar. 2026, which is 18% below its 10-year median of 24.68. GuruFocus rates TKGSF with a GF Score™ of 75/100 and a GF Value™ of $31.96 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 489 Utilities - Regulated companies, Tokyo Gas Co ranks worse than 74.85% on this metric.
Tokyo Gas Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -9.4%.
The historical rank and industry rank for Tokyo Gas Co's Gross Margin % or its related term are showing as below:
TKGSF'
s Gross Margin % Range Over the Past 10 Years
Min: 15.41 Med: 24.68 Max: 33.72
Current: 17.89
During the past 13 years, the highestGross Margin % of Tokyo Gas Co was 33.72%. The lowest was 15.41%. And the median was 24.68%.
TKGSF's Gross Margin % is ranked worse than 74.85% of 489
companies
in the Utilities - Regulated industry
Industry Median: 30.88
vs TKGSF: 17.89
Tokyo Gas Co had a gross margin of 20.17% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Tokyo Gas Co was -9.40% per year.
Tokyo Gas Co (OTCPK:TKGSF) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Tokyo Gas Co had a gross margin of 20.17% for the quarter that ended in Mar. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Tokyo Gas Co Gross Margin % Related Terms
Tokyo Gas Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for Tokyo Gas Co's Gross 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.
For the Utilities - Regulated Gas subindustry, Tokyo Gas Co's Gross Margin %, along with its competitors' market caps and Gross 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.
Tokyo Gas Co Gross Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Tokyo Gas Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Tokyo Gas Co's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Tokyo Gas Co (TKGSF) has a Gross Margin % of 20.17% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Tokyo Gas Co and its competitors. This is 18% below median its historical median of 24.68. Over the past decade, Tokyo Gas Co's Gross Margin % has ranged from 15.41 to 33.72. According to the industry distribution chart, Tokyo Gas Co ranks #366 out of 489 companies in the Utilities - Regulated industry, placing it in the top 74.8%.
Is Tokyo Gas Co's Gross Margin % too high?
Tokyo Gas Co's current Gross Margin % of 20.17% is 18% below median its 10-year median of 24.68. Over the past 10 years, this metric has ranged from a low of 15.41 to a high of 33.72. The Utilities - Regulated industry median Gross Margin % is 30.88. Tokyo Gas Co's value of 20.17% is 34.7% below this industry median. Based on the distribution chart, Tokyo Gas Co ranks #366 out of 489 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Tokyo Gas Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Gas Co's Gross Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Tokyo Gas Co ranks #366 out of 489 companies for Gross Margin %. This places Tokyo Gas Co in the lower half of its industry. The industry median Gross Margin % is 30.88. Tokyo Gas Co's value of 20.17% is 34.7% below this benchmark. Historically, Tokyo Gas Co's own Gross Margin % has ranged from 15.41 to 33.72 over the past decade. While the company's 10-year median is 24.68 vs. the industry median of 30.88, 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 Gross Margin % for an Utilities - Regulated company?
The median Gross Margin % among Utilities - Regulated companies is 30.88, based on 489 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tokyo Gas Co's current Gross Margin % of 20.17% is 34.7% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Tokyo Gas Co and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 30.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Gas Co's current Gross Margin % is 20.17%, which is 18% below median its own 10-year median of 24.68. 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 $31.96, compared to a current price of $39.85 — trading 24.7% above its estimated fair value. The current Gross Margin % is 20.17%, which is 18% below median its 10-year median of 24.68 and 34.7% below the Utilities - Regulated industry median of 30.88. Tokyo Gas Co's overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Tokyo Gas Co (TKGSF), the current Gross Margin % is 20.17% 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 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 Significantly Overvalued.
Key valuation signals for TKGSF:
Gross Margin %: 20.17% (18% below median its 10-year median of 24.68)
GF Value™: $31.96 vs. price of $39.85 (24.7% above fair value)
Industry Position: 34.7% below the Utilities - Regulated median (#366 of 489)
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.
75GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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