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Hokuriku Gas CoTSE:9537 -1.15%67 Pretax Margin % is 6.73% as of Mar. 2026, which is 85% above its 10-year median of 3.63. 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 500 Utilities - Regulated companies, Hokuriku Gas Co ranks worse than 69.8% on this metric.
The historical rank and industry rank for Hokuriku Gas Co's Pretax Margin % or its related term are showing as below:
TSE:9537'
s Pretax Margin % Range Over the Past 10 Years
Min: -1.31 Med: 3.63 Max: 6.87
Current: 6.44
TSE:9537's Pretax Margin % is ranked worse than 69.8% of 500
companies
in the Utilities - Regulated industry
Industry Median: 12.025
vs TSE:9537: 6.44
Hokuriku Gas Co (TSE:9537) 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.
Hokuriku Gas Co Pretax Margin % Related Terms
Hokuriku Gas Co Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Hokuriku 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.
TSE:9537 vs ATO, NI, UGI: Pretax Margin % Comparison
For the Utilities - Regulated Gas subindustry, Hokuriku 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.
Hokuriku Gas Co Pretax Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Hokuriku Gas Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Hokuriku 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.
Hokuriku Gas Co (TSE:9537) has a Pretax Margin % of 6.73% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Hokuriku Gas Co and its competitors. This is 85% above median its historical median of 3.63. According to the industry distribution chart, Hokuriku Gas Co ranks #349 out of 500 companies in the Utilities - Regulated industry, placing it in the top 69.8%.
Is Hokuriku Gas Co's Pretax Margin % too high?
Hokuriku Gas Co's current Pretax Margin % of 6.73% is 85% above median its 10-year median of 3.63. The Utilities - Regulated industry median Pretax Margin % is 12.03. Hokuriku Gas Co's value of 6.73% is 44% below this industry median. Based on the distribution chart, Hokuriku Gas Co ranks #349 out of 500 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 Pretax Margin % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Hokuriku Gas Co ranks #349 out of 500 companies for Pretax Margin %. This places Hokuriku Gas Co in the lower half of its industry. The industry median Pretax Margin % is 12.03. Hokuriku Gas Co's value of 6.73% is 44% below this benchmark. While the company's 10-year median is 3.63 vs. the industry median of 12.03, 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 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. Hokuriku Gas Co's current Pretax Margin % of 6.73% is 44% 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 Hokuriku 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. Hokuriku Gas Co's current Pretax Margin % is 6.73%, which is 85% above median its own 10-year median of 3.63. 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 Pretax Margin % is 6.73%, which is 85% above median its 10-year median of 3.63 and 44% below the Utilities - Regulated industry median of 12.03. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Hokuriku Gas Co (TSE:9537), the current Pretax Margin % is 6.73% 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:
Pretax Margin %: 6.73% (85% above median its 10-year median of 3.63)
GF Value™: 円3,701.52 vs. price of 円4,280.00 (15.6% above fair value)
Industry Position: 44% below the Utilities - Regulated median (#349 of 500)
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 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
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