SAIBU GAS HOLDINGS CO. LTD. (9536) AI Stock Analysis

• Market Cap: ¥66.24B
• Dividend Yield: 3.91%
• Average Volume (3M): 77.79K
• Price to Earnings (P/E): 10.4
• Beta (1Y): 0.44
• Revenue Growth: -0.74%
• EPS Growth: 3.34%
• Country: JP
• Employees: 3,852
• Sector: Utilities
• Sector Strength: 65
• Industry: Regulated Gas
• EPS (TTM): 107.35
• Shares Outstanding: 37,187,570
• 10 Day Avg. Volume: 110,060
• 30 Day Avg. Volume: 77,786
• PEG Ratio: <0.01
• Price to Book (P/B): 0.74
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 26.23
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 74 Outperform
• Price Target: ¥1,980.00 ▲(10.68%Upside)

The overall stock score reflects solid financial performance with strong cash management, despite leverage concerns. The valuation is attractive, offering a good dividend yield. Technical indicators are neutral, suggesting a balanced outlook.

SAIBU GAS HOLDINGS CO. LTD. Business Overview & Revenue Model

Company Description

Saibu Gas Holdings Co.,Ltd. produces, supplies, and sells natural gas in Japan. The company also utilizes LNG cryogenic energy; and sells LNG. In addition, it produces, sells, and installs gas equipment and apparatus, as well as undertakes related construction works. The company was formerly known as Saibu Gas Co.,Ltd. and changed its name to Saibu Gas Holdings Co.,Ltd. in April 2021. Saibu Gas Holdings Co.,Ltd. was founded in 1902 and is headquartered in Fukuoka, Japan.

How the Company Makes Money

Saibu Gas Holdings Co., Ltd. makes money through several key streams. Its primary revenue source is the sale and distribution of natural gas to residential, commercial, and industrial customers. This includes the operation of pipelines and the provision of related services such as installation and maintenance of gas equipment. The company also earns revenue from the sale of gas appliances and LPG. Additionally, Saibu Gas Holdings generates income from its engineering services, offering energy system solutions that enhance efficiency and sustainability. Moreover, the company has diversified its portfolio by investing in real estate and information technology, which provides supplementary income streams. Strategic partnerships with other energy and technology firms further bolster its revenue, allowing it to leverage advanced technologies and expand its market reach.

SAIBU GAS HOLDINGS CO. LTD. Financial Statement Overview

Summary

SAIBU GAS HOLDINGS CO. LTD. exhibits strong operational efficiency and effective cash management, with robust margins and cash flow ratios. However, leverage remains a concern, with a high debt-to-equity ratio potentially posing future risks. Overall, the financial health is solid with areas for improvement in revenue growth and leverage management.

Income Statement

The company demonstrates stable revenue generation with a recent decline in revenue. Gross and net profit margins are healthy, reflecting efficient cost management. However, the net income has been volatile, with a notable drop in recent years. EBIT and EBITDA margins remain robust, suggesting strong operational efficiency.

Balance Sheet

The balance sheet shows a moderately high debt-to-equity ratio, indicating significant leverage. However, the company's equity ratio is stable, suggesting a balanced asset structure. The return on equity has decreased, reflecting potential challenges in profitability. Overall, the balance sheet indicates stability with potential leverage risks.

Cash Flow

The company has demonstrated strong free cash flow growth and maintains a healthy operating cash flow to net income ratio. This suggests effective cash management and operational efficiency. The free cash flow to net income ratio confirms this strength, despite fluctuations in capital expenditures.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	250.42B	254.44B	256.33B	266.32B	215.27B	191.99B
Gross Profit	77.41B	77.03B	77.52B	78.22B	69.05B	70.98B
EBITDA	31.07B	31.43B	32.45B	40.63B	24.28B	25.61B
Net Income	6.59B	6.36B	6.16B	13.21B	495.00M	1.79B
Balance Sheet
Total Assets	436.53B	447.77B	431.70B	414.27B	395.66B	389.93B
Cash, Cash Equivalents and Short-Term Investments	22.00B	29.48B	27.40B	36.78B	25.54B	20.63B
Total Debt	275.24B	276.12B	283.06B	229.33B	236.29B	215.31B
Total Liabilities	330.50B	336.06B	326.21B	320.65B	315.03B	303.81B
Stockholders Equity	98.71B	103.83B	98.27B	86.78B	74.33B	80.04B
Cash Flow
Free Cash Flow	0.00	14.72B	-1.88B	2.45B	-4.66B	778.00M
Operating Cash Flow	0.00	38.56B	22.12B	21.75B	10.54B	20.75B
Investing Cash Flow	0.00	-29.95B	-28.15B	-15.97B	-14.13B	-25.53B
Financing Cash Flow	0.00	-6.70B	-4.02B	2.96B	7.63B	4.85B

SAIBU GAS HOLDINGS CO. LTD. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1789.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9536, the sentiment is Neutral. The current price of 1789 is above the 20-day moving average (MA) of 1786.60, above the 50-day MA of 1768.12, and above the 200-day MA of 1720.54, indicating a neutral trend. The MACD of -0.75 indicates Positive momentum. The RSI at 44.05 is Neutral, neither overbought nor oversold. The STOCH value of 14.96 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:9536.

SAIBU GAS HOLDINGS CO. LTD. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9536	74 Outperform	¥66.24B	10.41	6.29%	3.91%	-0.74%	3.34%
Sector *	58 Neutral	AU$897.13M	4.32	-2.39%	4.88%	22.98%	-116.74%
THOGF		$2.83B	17.96	5.51%	1.80%	―	―
1KS		€472.19M	8.44	7.82%	3.78%	―	―
9534	78 Outperform	¥52.52B	5.02		3.04%	-2.06%	-10.54%
9537	71 Outperform	¥16.85B	8.37		2.27%	0.59%	―
9539	64 Neutral	¥35.56B	10.81		2.02%	0.03%	―

SAIBU GAS HOLDINGS CO. LTD. Corporate Events

SAIBU GAS HOLDINGS Announces Share Acquisition Progress

SAIBU GAS HOLDINGS CO., LTD. announced the acquisition of 175,700 of its own shares, amounting to ¥313,764,300, through market purchases on the Tokyo Stock Exchange during June 2025. This move is part of a broader resolution by the Board of Directors to acquire up to 1,500,000 shares by March 2026, reflecting the company’s strategic efforts to manage its capital structure and potentially enhance shareholder value.

SAIBU GAS HOLDINGS Announces Share Buyback Progress

SAIBU GAS HOLDINGS CO., LTD. announced the acquisition of 192,600 of its own shares, totaling approximately ¥341,863,800, through market purchases on the Tokyo Stock Exchange. This move is part of a broader resolution by the Board of Directors to acquire up to 1,500,000 shares by March 31, 2026, potentially impacting the company’s stock value and shareholder equity.

SAIBU GAS HOLDINGS Announces Share Buyback Plan

SAIBU GAS HOLDINGS CO., LTD. has announced a decision by its Board of Directors to acquire up to 1,500,000 of its own common shares, representing 4.0% of the total issued shares, with a budget of up to ¥2,000 million. This move is part of the company’s shareholder return policy, aiming to enhance shareholder value. The acquisition will take place from May 1, 2025, to March 31, 2026.

SAIBU GAS HOLDINGS Reports Steady Profits Amid Slight Sales Decline

SAIBU GAS HOLDINGS CO., LTD. reported its consolidated financial results for the fiscal year ending March 31, 2025, showing a slight decline in net sales by 0.7% compared to the previous year. Despite this, the company achieved an increase in operating profit by 8.9% and ordinary profit by 2.3%. The company maintained its annual dividend at 70 yen per share, reflecting a stable payout ratio. The financial results indicate a steady performance in a challenging market environment, with a focus on maintaining profitability and shareholder returns.