Tokyo Gas CoTKGSF 74 10-Year ROIIC % is 1.12 as of Mar. 2026. GuruFocus rates TKGSF with a GF Score™ of 74/100 and a GF Value™ of $26.24 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 457 Utilities - Regulated companies, Tokyo Gas Co ranks worse than 70.24% on this metric.
10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year.
Tokyo Gas Co's 10-Year ROIIC % for the quarter that ended in Mar. 2026 was 1.12%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Tokyo Gas Co's 10-Year ROIIC % or its related term are showing as below:
TKGSF's 10-Year ROIIC % is ranked worse than 70.24% of 457
companies
in the Utilities - Regulated industry
Industry Median: 3.7
vs TKGSF: 1.12
Tokyo Gas Co (OTCPK:TKGSF) 10-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Tokyo Gas Co 10-Year ROIIC % Related Terms
Tokyo Gas Co 10-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Tokyo Gas Co's 10-Year ROIIC % 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, Tokyo Gas Co's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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.
Tokyo Gas Co 10-Year ROIIC % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Tokyo Gas Co's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Tokyo Gas Co's 10-Year ROIIC % 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.
** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Tokyo Gas Co (TKGSF) has a 10-Year ROIIC % of 1.12 as of Mar. 2026. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Tokyo Gas Co and its competitors. According to the industry distribution chart, Tokyo Gas Co ranks #321 out of 457 companies in the Utilities - Regulated industry, placing it in the top 70.2%.
Is Tokyo Gas Co's 10-Year ROIIC % too high?
Tokyo Gas Co's current 10-Year ROIIC % is 1.12. The Utilities - Regulated industry median 10-Year ROIIC % is 3.70. Tokyo Gas Co's value of 1.12 is 69.7% below this industry median. Based on the distribution chart, Tokyo Gas Co ranks #321 out of 457 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Tokyo Gas Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Gas Co's 10-Year ROIIC % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Tokyo Gas Co ranks #321 out of 457 companies for 10-Year ROIIC %. This places Tokyo Gas Co in the lower half of its industry. The industry median 10-Year ROIIC % is 3.70. Tokyo Gas Co's value of 1.12 is 69.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 10-Year ROIIC % for an Utilities - Regulated company?
The median 10-Year ROIIC % among Utilities - Regulated companies is 3.70, based on 457 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tokyo Gas Co's current 10-Year ROIIC % of 1.12 is 69.7% 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 10-Year ROIIC % mean?
A high 10-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Tokyo Gas Co and its competitors. For the Utilities - Regulated industry, the median 10-Year ROIIC % is 3.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Gas Co's current 10-Year ROIIC % is 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Gas Co (TKGSF) is currently considered Significantly Overvalued. The stock's GF Value™ is $26.24, compared to a current price of $38.20 — trading 45.6% above its estimated fair value. The current 10-Year ROIIC % is 1.12 and 69.7% below the Utilities - Regulated industry median of 3.70. Tokyo Gas Co's overall GF Score™ is 74/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year ROIIC % calculated?
10-Year ROIIC % is calculated from a company's financial statements. For Tokyo Gas Co (TKGSF), the current 10-Year ROIIC % is 1.12 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 Tokyo Gas Co (TKGSF) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyo Gas Co stock appears to be overvalued.
The current stock price of $38.20 is trading 45.6% above its estimated GF Value™ of $26.24.
GuruFocus considers Tokyo Gas Co to be Significantly Overvalued.
Key valuation signals for TKGSF:
10-Year ROIIC %: 1.12
GF Value™: $26.24 vs. price of $38.20 (45.6% above fair value)
Industry Position: 69.7% below the Utilities - Regulated median (#321 of 457)
No single metric tells the full story. See the TKGSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyo Gas Co Ltd is a Japanese utility company involved in the production, generation, and supply of natural gas and electricity. Tokyo Gas segments its operations into Gas, Electric Power, Overseas, and Other business units. The company's Gas division generates the vast majority of its total revenue through the supply and sale of natural gas to, namely, the Tokyo metropolitan area and other Japanese urban areas. Tokyo Gas' supply of natural gas is fairly evenly distributed amongst residential, commercial, industrial, and power generation customers. The company's Electric Power business also represents a significant income stream. This division operates a portfolio of cogeneration and natural gas-fired thermal power plants primarily located in the Tokyo area.
74GF Score
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