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Hokkaido Gas CoFRA:H8T +0.37%74 Pretax Margin % is 13.10% as of Mar. 2026, which is 142% above its 10-year median of 5.42. GuruFocus rates FRA:H8T with a GF Score™ of 74/100 and a GF Value™ of €3.02. The stock has 2 warning signs investors should review. Among 500 Utilities - Regulated companies, Hokkaido Gas Co ranks worse than 58.4% on this metric.
The historical rank and industry rank for Hokkaido Gas Co's Pretax Margin % or its related term are showing as below:
FRA:H8T'
s Pretax Margin % Range Over the Past 10 Years
Min: 1.97 Med: 5.42 Max: 9.18
Current: 9.18
FRA:H8T's Pretax Margin % is ranked worse than 58.4% of 500
companies
in the Utilities - Regulated industry
Industry Median: 12.025
vs FRA:H8T: 9.18
Hokkaido Gas Co (FRA:H8T) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Hokkaido Gas Co Pretax Margin % Related Terms
Hokkaido Gas Co Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Hokkaido Gas Co's Pretax 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, Hokkaido Gas Co's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Hokkaido Gas Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Hokkaido Gas Co's Pretax 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.
Hokkaido Gas Co (FRA:H8T) has a Pretax Margin % of 13.10% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Hokkaido Gas Co and its competitors. This is 142% above median its historical median of 5.42. Over the past decade, Hokkaido Gas Co's Pretax Margin % has ranged from 1.97 to 9.18. According to the industry distribution chart, Hokkaido Gas Co ranks #292 out of 500 companies in the Utilities - Regulated industry, placing it in the top 58.4%.
Is Hokkaido Gas Co's Pretax Margin % too high?
Hokkaido Gas Co's current Pretax Margin % of 13.10% is 142% above median its 10-year median of 5.42. Over the past 10 years, this metric has ranged from a low of 1.97 to a high of 9.18. The Utilities - Regulated industry median Pretax Margin % is 12.03. Hokkaido Gas Co's value of 13.10% is 8.9% above this industry median. Based on the distribution chart, Hokkaido Gas Co ranks #292 out of 500 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Hokkaido Gas Co has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Hokkaido Gas Co's Pretax Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Hokkaido Gas Co ranks #292 out of 500 companies for Pretax Margin %. This places Hokkaido Gas Co in the lower half of its industry. The industry median Pretax Margin % is 12.03. Hokkaido Gas Co's value of 13.10% is 8.9% above this benchmark. Historically, Hokkaido Gas Co's own Pretax Margin % has ranged from 1.97 to 9.18 over the past decade. While the company's 10-year median is 5.42 vs. the industry median of 12.03, 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 Pretax Margin % for an Utilities - Regulated company?
The median Pretax Margin % among Utilities - Regulated companies is 12.03, based on 500 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hokkaido Gas Co's current Pretax Margin % of 13.10% is 8.9% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Hokkaido Gas Co and its competitors. For the Utilities - Regulated industry, the median Pretax Margin % is 12.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hokkaido Gas Co's current Pretax Margin % is 13.10%, which is 142% above median its own 10-year median of 5.42. 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?
Hokkaido Gas Co (FRA:H8T) has a current Pretax Margin % of 13.10%. The stock's GF Value™ is €3.02, compared to a current price of €4.10 — trading 35.8% above its estimated fair value. The current Pretax Margin % is 13.10%, which is 142% above median its 10-year median of 5.42 and 8.9% above the Utilities - Regulated industry median of 12.03. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Hokkaido Gas Co (FRA:H8T), the current Pretax Margin % is 13.10% 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 (FRA:H8T) Overvalued in 2026?
Based on GuruFocus' analysis, Hokkaido Gas Co stock appears to be overvalued.
The current stock price of €4.10 is trading 35.8% above its estimated GF Value™ of €3.02.
Key valuation signals for FRA:H8T:
Pretax Margin %: 13.10% (142% above median its 10-year median of 5.42)
GF Value™: €3.02 vs. price of €4.10 (35.8% above fair value)
Industry Position: 8.9% above the Utilities - Regulated median (#292 of 500)
No single metric tells the full story. See the FRA:H8T stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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
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