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Toho Gas CoTHOGF 72 Intrinsic Value: Projected FCF is $16.16 as of Aug. 23, 2026, which is 3658% above its 10-year median of 0.43. GuruFocus rates THOGF with a GF Score™ of 72/100 and a GF Value™ of $6.05. The stock has 3 warning signs investors should review. Among 378 Utilities - Regulated companies, Toho Gas Co ranks better than 87.3% on this metric.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
As of today (2026-08-23), Toho Gas Co's Intrinsic Value: Projected FCF is $16.16. The stock price of Toho Gas Co is $6.4375. Therefore, Toho Gas Co's Price-to-Intrinsic-Value-Projected-FCF of today is 0.4.
The historical rank and industry rank for Toho Gas Co's Intrinsic Value: Projected FCF or its related term are showing as below:
THOGF'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.29 Med: 0.43 Max: 0.82
Current: 0.4
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Toho Gas Co was 0.82. The lowest was 0.29. And the median was 0.43.
THOGF's Price-to-Projected-FCF is ranked better than 87.3% of 378
companies
in the Utilities - Regulated industry
Industry Median: 1.01
vs THOGF: 0.40
Toho Gas Co (OTCPK:THOGF) Intrinsic Value: Projected FCF Explanation
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
Toho Gas Co's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
6.4375
/
18.131092046879
=
0.36
* 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.
Toho Gas Co Intrinsic Value: Projected FCF Related Terms
Toho Gas Co Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for Toho Gas Co's Intrinsic Value: Projected FCF 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.
THOGF vs ATO, NI: Intrinsic Value: Projected FCF Comparison
For the Utilities - Regulated Gas subindustry, Toho Gas Co's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF 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.
Toho Gas Co Price-to-Projected-FCF vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Toho Gas Co's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Toho Gas Co's Price-to-Projected-FCF falls into.
Toho Gas Co Intrinsic Value: Projected FCF Calculation
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* 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.
What does a Intrinsic Value: Projected FCF of $16.16 mean?
Toho Gas Co (THOGF) has a Intrinsic Value: Projected FCF of $16.16 as of Aug. 23, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Toho Gas Co and its competitors. This is 3658% above median its historical median of 0.43. Over the past decade, Toho Gas Co's Intrinsic Value: Projected FCF has ranged from 0.29 to 0.82. According to the industry distribution chart, Toho Gas Co ranks #48 out of 378 companies in the Utilities - Regulated industry, placing it in the top 12.7%.
Is Toho Gas Co's Intrinsic Value: Projected FCF too high?
Toho Gas Co's current Intrinsic Value: Projected FCF of $16.16 is 3658% above median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.82. The Utilities - Regulated industry median Intrinsic Value: Projected FCF is 1.01. Toho Gas Co's value of $16.16 is 1500% above this industry median. Based on the distribution chart, Toho Gas Co ranks #48 out of 378 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Toho Gas Co has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Toho Gas Co's Intrinsic Value: Projected FCF compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Toho Gas Co ranks #48 out of 378 companies for Intrinsic Value: Projected FCF. This places Toho Gas Co in the top 13% of its industry — outperforming the majority of peers. The industry median Intrinsic Value: Projected FCF is 1.01. Toho Gas Co's value of $16.16 is 1500% above this benchmark. Historically, Toho Gas Co's own Intrinsic Value: Projected FCF has ranged from 0.29 to 0.82 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 1.01, Toho 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 Intrinsic Value: Projected FCF for an Utilities - Regulated company?
The median Intrinsic Value: Projected FCF among Utilities - Regulated companies is 1.01, based on 378 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Toho Gas Co's current Intrinsic Value: Projected FCF of $16.16 is 1500% 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Toho Gas Co and its competitors. For the Utilities - Regulated industry, the median Intrinsic Value: Projected FCF is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toho Gas Co's current Intrinsic Value: Projected FCF is $16.16, which is 3658% above median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toho Gas Co stock overvalued right now?
Toho Gas Co (THOGF) has a current Intrinsic Value: Projected FCF of $16.16. The stock's GF Value™ is $6.05, compared to a current price of $6.44 — trading 6.4% above its estimated fair value. The current Intrinsic Value: Projected FCF is $16.16, which is 3658% above median its 10-year median of 0.43 and 1500% above the Utilities - Regulated industry median of 1.01. Toho Gas Co's overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Toho Gas Co (THOGF), the current Intrinsic Value: Projected FCF is $16.16 as of Aug. 23, 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 Toho Gas Co (THOGF) Overvalued in 2026?
Based on GuruFocus' analysis, Toho Gas Co stock appears to be overvalued.
The current stock price of $6.44 is trading 6.4% above its estimated GF Value™ of $6.05.
Key valuation signals for THOGF:
Intrinsic Value: Projected FCF: $16.16 (3658% above median its 10-year median of 0.43)
GF Value™: $6.05 vs. price of $6.44 (6.4% above fair value)
Industry Position: 1500% above the Utilities - Regulated median (#48 of 378)
No single metric tells the full story. See the THOGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toho Gas Co Ltd is a Japan-based company engaged in the supply of energy and related services, including electricity, gas, and liquefied petroleum gas (LPG). The company operates in three business segments. The Electricity segment engages in the sale of electricity. The Gas segment handles the manufacture and sale of gas, gas appliances, consignment supply, and plumbing work. The LPG and Other Energies segment covers the sale of LPG, related equipment, natural gas, heat supply, and coke. The Others segment includes contract processing, real estate management, and other ancillary businesses. It generates the majority of its revenue from the Gas segment.
72GF Score
Get the complete analysis for THOGF
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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