Hokuriku Gas Co., Ltd. (JP:9537)
:9537
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Hokuriku Gas Co., Ltd.
(9537)
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Rating:69Neutral
Price Target:
¥5,059.00
▲(35.81% Upside)
Action:ReiteratedDate:03/17/26
The score is driven primarily by stable financial performance (low leverage, strong equity position, and improving profitability/FCF). Technicals are supportive with strong trend momentum, but overbought signals raise near-term risk. Valuation is a key headwind due to the negative P/E and only modest dividend yield.
Positive Factors
Balance sheet strength
A low debt-to-equity profile and strong equity ratio reduce financial risk and preserve capacity to fund maintenance capex, network upgrades, or weather prolonged demand shocks. This durability supports credit resilience and long-term capital flexibility for a regulated utility.
Negative Factors
Weak EBIT margin
A persistently weak EBIT margin suggests underlying operational efficiency issues or elevated operating costs that limit earnings power. Over time this constrains the company's ability to convert revenue into durable operating profits and to fund reinvestment from operating earnings.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet strength
A low debt-to-equity profile and strong equity ratio reduce financial risk and preserve capacity to fund maintenance capex, network upgrades, or weather prolonged demand shocks. This durability supports credit resilience and long-term capital flexibility for a regulated utility.
Read all positive factors
Hokuriku Gas Co., Ltd. (9537) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥23.32B
Dividend Yield2.18%
Average Volume (3M)1.74K
Price to Earnings (P/E)―
Beta (1Y)0.14
Revenue Growth6.66%
EPS GrowthN/A
CountryJP
Employees640
SectorUtilities
Sector Strength65
IndustryRegulated Gas
Share Statistics
EPS (TTM)-54.87
Shares Outstanding4,800,000
10 Day Avg. Volume1,350
30 Day Avg. Volume1,743
Financial Highlights & Ratios
PEG Ratio-0.04
Price to Book (P/B)0.33
Price to Sales (P/S)0.26
P/FCF Ratio4.40
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Hokuriku Gas Co., Ltd. Business Overview & Revenue Model
Company Description
Hokuriku Gas Co.,Ltd. operates gas business in Japan. The company produces, sells, and supplies gas to customers in Niigata, Nagaoka, Sanjo, Kashiwazaki, and Kamo cities, as well as in Tagami town and Kariwa village. It also undertakes gas constru...
How the Company Makes Money
Hokuriku Gas primarily earns revenue by selling city gas to end users within its service area. Its main revenue stream is gas sales volume multiplied by tariffs/fees set under Japan’s city-gas regulatory framework (where applicable), which typical...
Hokuriku Gas Co., Ltd. Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
80
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 63.39B | 61.77B | 61.41B | 69.63B | 52.36B | 48.33B |
| Gross Profit | 23.20B | 16.41B | 13.62B | 14.81B | 15.94B | 16.13B |
| EBITDA | 8.59B | 7.34B | 5.13B | 6.46B | 7.34B | 8.59B |
| Net Income | 2.40B | 1.95B | -1.76B | 420.15M | 953.81M | 1.61B |
Balance Sheet | ||||||
| Total Assets | 64.56B | 65.19B | 63.03B | 64.22B | 64.08B | 62.41B |
| Cash, Cash Equivalents and Short-Term Investments | 6.78B | 8.75B | 7.19B | 6.97B | 6.75B | 6.33B |
| Total Debt | 103.92M | 109.67M | 1.15B | 188.74M | 661.77M | 1.35B |
| Total Liabilities | 11.48B | 13.04B | 13.32B | 13.08B | 13.36B | 12.14B |
| Stockholders Equity | 49.75B | 48.83B | 46.44B | 47.90B | 47.51B | 47.11B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 3.64B | 35.39M | 694.82M | 3.25B | 3.37B |
| Operating Cash Flow | 0.00 | 7.76B | 4.75B | 5.54B | 7.96B | 7.83B |
| Investing Cash Flow | 0.00 | -4.94B | -5.06B | -4.09B | -4.97B | -8.67B |
| Financing Cash Flow | 0.00 | -1.40B | 299.84M | -1.05B | -1.09B | -127.37M |
Hokuriku Gas Co., Ltd. Technical Analysis
Positive
3725.00
Price Trends
4351.98
Positive
3991.07
Positive
3792.09
Positive
Market Momentum
60.92
Positive
58.02
Neutral
72.41
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9537, the sentiment is Positive. The current price of 3725 is below the 20-day moving average (MA) of 4752.54, below the 50-day MA of 4351.98, and below the 200-day MA of 3792.09, indicating a bullish trend. The MACD of 60.92 indicates Positive momentum. The RSI at 58.02 is Neutral, neither overbought nor oversold. The STOCH value of 72.41 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9537.
Hokuriku Gas Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (66)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | ¥97.05B | 8.94 | 9.07% | 3.61% | 9.39% | 77.24% | |
75 Outperform | ¥113.15B | 8.99 | 7.99% | 3.89% | 1.08% | 37.11% | |
74 Outperform | ¥79.88B | 19.04 | ― | 2.88% | 2.77% | 10.64% | |
73 Outperform | ¥482.18B | 28.19 | 6.03% | 1.81% | 7.08% | 43.50% | |
69 Neutral | ¥23.32B | -17.01 | ― | 2.18% | 6.66% | ― | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
62 Neutral | ¥43.06B | -28.83 | ― | 1.81% | 0.93% | 1212.45% |
* Utilities Sector Average
JP:9537
Hokuriku Gas Co., Ltd.
4,865.00
1,504.28
44.76%
JP:9533
TOHO GAS Co
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JP:9536
SAIBU GAS HOLDINGS CO. LTD.
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JP:9543
SHIZUOKA GAS CO. LTD.
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JP:9534
Hokkaido Gas Co., Ltd.
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82.60%
JP:9539
Keiyo Gas Co., Ltd.
1,321.00
268.16
25.47%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.