Hokuriku Gas Co (TSE:9537) OCF Margin %: 14.04% (As of Mar. 2026) — Near Median

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TSE:9537 Hokuriku Gas Co Ltd TSE:9537
67 GF Score
Price 円4,280.00
GF Value 円3,701.52
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Hokuriku Gas Co OCF Margin %?

Hokuriku Gas Co TSE:9537 -1.15% 67 OCF Margin % is 14.04% as of Mar. 2026, which is 6% below its 10-year median of 14.96. GuruFocus rates TSE:9537 with a GF Score™ of 67/100 and a GF Value™ of 円3,701.52 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 498 Utilities - Regulated companies, Hokuriku Gas Co ranks worse than 63.05% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Hokuriku Gas Co's Cash Flow from Operations for the six months ended in Mar. 2026 was 円5,180 Mil. Hokuriku Gas Co's Revenue for the six months ended in Mar. 2026 was 円36,907 Mil. Therefore, Hokuriku Gas Co's OCF Margin % for the quarter that ended in Mar. 2026 was 14.04%.

As of today, Hokuriku Gas Co's current OCF Yield % is 44.59%.

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

TSE:9537' s OCF Margin % Range Over the Past 10 Years
Min: 7.73   Med: 14.96   Max: 16.79
Current: 13.98


During the past 13 years, the highest OCF Margin % of Hokuriku Gas Co was 16.79%. The lowest was 7.73%. And the median was 14.96%.

TSE:9537's OCF Margin % is ranked worse than
63.05% of 498 companies
in the Utilities - Regulated industry
Industry Median: 19.29 vs TSE:9537: 13.98


Hokuriku Gas Co OCF Margin % Related Terms


Hokuriku Gas Co OCF Margin % Historical Data

* Premium members only.

The historical data trend for Hokuriku Gas Co's OCF 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.

Hokuriku Gas Co OCF Margin % Chart

Hokuriku Gas Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.20 7.95 7.73 12.57 13.98

Hokuriku Gas Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
OCF 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 6.36 9.89 14.43 13.90 14.04

TSE:9537 vs ATO, NI, UGI: OCF Margin % Comparison

For the Utilities - Regulated Gas subindustry, Hokuriku Gas Co's OCF Margin %, along with its competitors' market caps and OCF 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.


Hokuriku Gas Co OCF Margin % vs Utilities - Regulated Industry

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

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


TSE:9537
67GF Score
Hokuriku Gas Co Ltd TSE:9537
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hokuriku Gas Co OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

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

OCF Margin=Cash Flow from Operations (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=9007.754/64436.043
=13.98 %

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

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=5180.141/36906.883
=14.04 %

* 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 OCF Margin % →
What does a OCF Margin % of 14.04% mean?
Hokuriku Gas Co (TSE:9537) has a OCF Margin % of 14.04% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Hokuriku Gas Co and its competitors. This is near median its historical median of 14.96. Over the past decade, Hokuriku Gas Co's OCF Margin % has ranged from 7.73 to 16.79. According to the industry distribution chart, Hokuriku Gas Co ranks #314 out of 498 companies in the Utilities - Regulated industry, placing it in the top 63.1%.
Is Hokuriku Gas Co's OCF Margin % too high?
Hokuriku Gas Co's current OCF Margin % of 14.04% is near median its 10-year median of 14.96. Over the past 10 years, this metric has ranged from a low of 7.73 to a high of 16.79. The Utilities - Regulated industry median OCF Margin % is 19.29. Hokuriku Gas Co's value of 14.04% is 27.2% below this industry median. Based on the distribution chart, Hokuriku Gas Co ranks #314 out of 498 companies in the Utilities - Regulated industry, which is below the industry midpoint. 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 OCF Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Hokuriku Gas Co ranks #314 out of 498 companies for OCF Margin %. This places Hokuriku Gas Co in the lower half of its industry. The industry median OCF Margin % is 19.29. Hokuriku Gas Co's value of 14.04% is 27.2% below this benchmark. Historically, Hokuriku Gas Co's own OCF Margin % has ranged from 7.73 to 16.79 over the past decade. While the company's 10-year median is 14.96 vs. the industry median of 19.29, Hokuriku 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 OCF Margin % for an Utilities - Regulated company?
The median OCF Margin % among Utilities - Regulated companies is 19.29, based on 498 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hokuriku Gas Co's current OCF Margin % of 14.04% is 27.2% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Hokuriku Gas Co and its competitors. For the Utilities - Regulated industry, the median OCF Margin % is 19.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hokuriku Gas Co's current OCF Margin % is 14.04%, which is near median its own 10-year median of 14.96. 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 OCF Margin % is 14.04%, which is near median its 10-year median of 14.96 and 27.2% below the Utilities - Regulated industry median of 19.29. 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 OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Hokuriku Gas Co (TSE:9537), the current OCF Margin % is 14.04% 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 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:

  • OCF Margin %: 14.04% (near median its 10-year median of 14.96)
  • GF Value™: 円3,701.52 vs. price of 円4,280.00 (15.6% above fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 27.2% below the Utilities - Regulated median (#314 of 498)

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 Business Description

Address Hokuriku Building, 2-23 Higashi-Odori 1-chome, Chuo-ku, Niigata City, JPN, 950-8748
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

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

円4,280.00
Price
円3,701.52
GF Value