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Toho Gas CoTHOGF 75 3-Year Share Buyback Ratio is 4.70 as of Mar. 2026, which is 683% above its 10-year median of 0.60. GuruFocus rates THOGF with a GF Score™ of 75/100 and a GF Value™ of $6.02. The stock has 3 warning signs investors should review. Among 231 Utilities - Regulated companies, Toho Gas Co ranks better than 97.84% on this metric.
Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Toho Gas Co's current 3-Year Share Buyback Ratio was 4.70%.
The historical rank and industry rank for Toho Gas Co's 3-Year Share Buyback Ratio or its related term are showing as below:
THOGF'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: 0 Med: 0.6 Max: 4.7
Current: 4.7
During the past 13 years, Toho Gas Co's highest 3-Year Share Buyback Ratio was 4.70%. The lowest was 0.00%. And the median was 0.60%.
THOGF's 3-Year Share Buyback Ratio is ranked better than 97.84% of 231
companies
in the Utilities - Regulated industry
Industry Median: -1.5
vs THOGF: 4.70
Toho Gas Co (OTCPK:THOGF) 3-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
Toho Gas Co 3-Year Share Buyback Ratio Related Terms
THOGF vs ATO, NI: 3-Year Share Buyback Ratio Comparison
For the Utilities - Regulated Gas subindustry, Toho Gas Co's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Toho Gas Co's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Toho Gas Co's 3-Year Share Buyback Ratio falls into.
Toho Gas Co 3-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Share Buyback Ratio of 4.70 mean?
Toho Gas Co (THOGF) has a 3-Year Share Buyback Ratio of 4.70 as of Mar. 2026. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Toho Gas Co and its competitors. This is 683% above median its historical median of 0.60. According to the industry distribution chart, Toho Gas Co ranks #5 out of 231 companies in the Utilities - Regulated industry, placing it in the top 2.2%.
Is Toho Gas Co's 3-Year Share Buyback Ratio too high?
Toho Gas Co's current 3-Year Share Buyback Ratio of 4.70 is 683% above median its 10-year median of 0.60. Based on the distribution chart, Toho Gas Co ranks #5 out of 231 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. 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 3-Year Share Buyback Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Toho Gas Co ranks #5 out of 231 companies for 3-Year Share Buyback Ratio. This places Toho Gas Co in the top 2% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for an Utilities - Regulated company?
A good 3-Year Share Buyback Ratio depends on the Utilities - Regulated industry context. However, 3-Year Share Buyback Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Toho Gas Co and its competitors. Toho Gas Co's current 3-Year Share Buyback Ratio is 4.70, which is 683% above median its own 10-year median of 0.60. 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 3-Year Share Buyback Ratio of 4.70. The stock's GF Value™ is $6.02, compared to a current price of $6.44 — trading 6.9% above its estimated fair value. The current 3-Year Share Buyback Ratio is 4.70, which is 683% above median its 10-year median of 0.60. 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 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For Toho Gas Co (THOGF), the current 3-Year Share Buyback Ratio is 4.70 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 6.9% above its estimated GF Value™ of $6.02.
Key valuation signals for THOGF:
3-Year Share Buyback Ratio: 4.70 (683% above median its 10-year median of 0.60)
GF Value™: $6.02 vs. price of $6.44 (6.9% above fair value)
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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