Toho Gas CoTHOGF 75 Pretax Margin % is 5.09% as of Mar. 2026, which is 13% below its 10-year median of 5.86. GuruFocus rates THOGF with a GF Score™ of 75/100 and a GF Value™ of $6.08. The stock has 3 warning signs investors should review. Among 503 Utilities - Regulated companies, Toho Gas Co ranks worse than 69.58% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Toho Gas Co's Pre-Tax Income for the
three
months ended in Mar. 2026 was $60 Mil. Toho Gas Co's Revenue for the
three
months ended in Mar. 2026 was $1,170 Mil. Therefore, Toho Gas Co's pretax margin for the quarter that ended in Mar. 2026 was 5.09%.
The historical rank and industry rank for Toho Gas Co's Pretax Margin % or its related term are showing as below:
THOGF'
s Pretax Margin % Range Over the Past 10 Years
Min: 3.07 Med: 5.86 Max: 6.71
Current: 6.65
THOGF's Pretax Margin % is ranked worse than 69.58% of 503
companies
in the Utilities - Regulated industry
Industry Median: 12.07
vs THOGF: 6.65
Toho Gas Co (OTCPK:THOGF) 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.
Toho Gas Co Pretax Margin % Related Terms
Toho Gas Co Pretax Margin % Historical Data
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The historical data trend for Toho 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, Toho 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.
Toho Gas Co Pretax Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Toho Gas Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Toho 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.
Toho Gas Co (THOGF) has a Pretax Margin % of 5.09% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Toho Gas Co and its competitors. This is 13% below median its historical median of 5.86. Over the past decade, Toho Gas Co's Pretax Margin % has ranged from 3.07 to 6.71. According to the industry distribution chart, Toho Gas Co ranks #350 out of 503 companies in the Utilities - Regulated industry, placing it in the top 69.6%.
Is Toho Gas Co's Pretax Margin % too high?
Toho Gas Co's current Pretax Margin % of 5.09% is 13% below median its 10-year median of 5.86. Over the past 10 years, this metric has ranged from a low of 3.07 to a high of 6.71. The Utilities - Regulated industry median Pretax Margin % is 12.07. Toho Gas Co's value of 5.09% is 57.8% below this industry median. Based on the distribution chart, Toho Gas Co ranks #350 out of 503 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Toho Gas Co has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Toho Gas Co's Pretax Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Toho Gas Co ranks #350 out of 503 companies for Pretax Margin %. This places Toho Gas Co in the lower half of its industry. The industry median Pretax Margin % is 12.07. Toho Gas Co's value of 5.09% is 57.8% below this benchmark. Historically, Toho Gas Co's own Pretax Margin % has ranged from 3.07 to 6.71 over the past decade. While the company's 10-year median is 5.86 vs. the industry median of 12.07, Toho 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 Pretax Margin % for an Utilities - Regulated company?
The median Pretax Margin % among Utilities - Regulated companies is 12.07, based on 503 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. Toho Gas Co's current Pretax Margin % of 5.09% is 57.8% 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 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 Toho Gas Co and its competitors. For the Utilities - Regulated industry, the median Pretax Margin % is 12.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toho Gas Co's current Pretax Margin % is 5.09%, which is 13% below median its own 10-year median of 5.86. 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 Pretax Margin % of 5.09%. The stock's GF Value™ is $6.08, compared to a current price of $6.44 — trading 5.9% above its estimated fair value. The current Pretax Margin % is 5.09%, which is 13% below median its 10-year median of 5.86 and 57.8% below the Utilities - Regulated industry median of 12.07. Toho 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Toho Gas Co (THOGF), the current Pretax Margin % is 5.09% 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 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 5.9% above its estimated GF Value™ of $6.08.
Key valuation signals for THOGF:
Pretax Margin %: 5.09% (13% below median its 10-year median of 5.86)
GF Value™: $6.08 vs. price of $6.44 (5.9% above fair value)
Industry Position: 57.8% below the Utilities - Regulated median (#350 of 503)
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.
75GF Score
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