Nippon Gas CoNPNGY 86 Pretax Margin % is 15.19% as of Mar. 2026, which is 76% above its 10-year median of 8.65. GuruFocus rates NPNGY with a GF Score™ of 86/100 and a GF Value™ of $8.21 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 500 Utilities - Regulated companies, Nippon Gas Co ranks worse than 56.2% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Nippon Gas Co's Pre-Tax Income for the
three
months ended in Mar. 2026 was $64 Mil. Nippon Gas Co's Revenue for the
three
months ended in Mar. 2026 was $419 Mil. Therefore, Nippon Gas Co's pretax margin for the quarter that ended in Mar. 2026 was 15.19%.
The historical rank and industry rank for Nippon Gas Co's Pretax Margin % or its related term are showing as below:
NPNGY'
s Pretax Margin % Range Over the Past 10 Years
Min: 5.86 Med: 8.65 Max: 10.12
Current: 10.12
NPNGY's Pretax Margin % is ranked worse than 56.2% of 500
companies
in the Utilities - Regulated industry
Industry Median: 12.095
vs NPNGY: 10.12
Nippon Gas Co (OTCPK:NPNGY) 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.
Nippon Gas Co Pretax Margin % Related Terms
Nippon Gas Co Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Nippon 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, Nippon 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.
Nippon Gas Co Pretax Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Nippon Gas Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Nippon 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.
Nippon Gas Co (NPNGY) has a Pretax Margin % of 15.19% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Nippon Gas Co and its competitors. This is 76% above median its historical median of 8.65. Over the past decade, Nippon Gas Co's Pretax Margin % has ranged from 5.86 to 10.12. According to the industry distribution chart, Nippon Gas Co ranks #281 out of 500 companies in the Utilities - Regulated industry, placing it in the top 56.2%.
Is Nippon Gas Co's Pretax Margin % too high?
Nippon Gas Co's current Pretax Margin % of 15.19% is 76% above median its 10-year median of 8.65. Over the past 10 years, this metric has ranged from a low of 5.86 to a high of 10.12. The Utilities - Regulated industry median Pretax Margin % is 12.10. Nippon Gas Co's value of 15.19% is 25.6% above this industry median. Based on the distribution chart, Nippon Gas Co ranks #281 out of 500 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Nippon Gas Co has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Gas Co's Pretax Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Nippon Gas Co ranks #281 out of 500 companies for Pretax Margin %. This places Nippon Gas Co in the lower half of its industry. The industry median Pretax Margin % is 12.10. Nippon Gas Co's value of 15.19% is 25.6% above this benchmark. Historically, Nippon Gas Co's own Pretax Margin % has ranged from 5.86 to 10.12 over the past decade. While the company's 10-year median is 8.65 vs. the industry median of 12.10, Nippon 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 12.10, 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. Nippon Gas Co's current Pretax Margin % of 15.19% is 25.6% 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 Nippon Gas Co and its competitors. For the Utilities - Regulated industry, the median Pretax Margin % is 12.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Gas Co's current Pretax Margin % is 15.19%, which is 76% above median its own 10-year median of 8.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Gas Co (NPNGY) is currently considered Modestly Overvalued. The stock's GF Value™ is $8.21, compared to a current price of $8.67 — trading 5.5% above its estimated fair value. The current Pretax Margin % is 15.19%, which is 76% above median its 10-year median of 8.65 and 25.6% above the Utilities - Regulated industry median of 12.10. Nippon Gas Co's overall GF Score™ is 86/100 with 4 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 Nippon Gas Co (NPNGY), the current Pretax Margin % is 15.19% 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 Nippon Gas Co (NPNGY) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Gas Co stock appears to be overvalued.
The current stock price of $8.67 is trading 5.5% above its estimated GF Value™ of $8.21.
GuruFocus considers Nippon Gas Co to be Modestly Overvalued.
Key valuation signals for NPNGY:
Pretax Margin %: 15.19% (76% above median its 10-year median of 8.65)
GF Value™: $8.21 vs. price of $8.67 (5.5% above fair value)
Industry Position: 25.6% above the Utilities - Regulated median (#281 of 500)
No single metric tells the full story. See the NPNGY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Gas Co Ltd, or Nichigas, is a Japanese supplier of gas primarily in the Kanto region of Japan. The company segments its operations into LP Gas, City Gas, Electricity, and Life Products Businesses. LP Gas and City Gas are Nichigas' core segments, which engage in the distribution and sale of liquefied petroleum gas, or LPG, and city gas for consumer usage. The company's total revenue is split between sales of LPG and city gas, with LPG generating slightly more. Roughly half of Nichigas' customers are residential consumers in terms of sales volume, while the other half are commercial entities. With its subsidiaries, the company is also involved in the distribution and sale of liquefied natural gas, high-pressure gas, and gas appliances.
86GF Score
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