Nippon Gas Co Ltd
TSE:8174

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Nippon Gas Co Ltd
TSE:8174
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Price: 2 679.5 JPY -7.52% Market Closed
Market Cap: ¥295.7B

P/E

21.8
Current
9%
Cheaper
vs 3-y average of 24

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
21.8
=
Market Cap
¥330.9B
/
Net Income
¥13.3B

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
21.8
=
Market Cap
¥330.9B
/
Net Income
¥13.3B

Valuation Scenarios

Nippon Gas Co Ltd is trading below its 3-year average

If P/E returns to its 3-Year Average (24), the stock would be worth ¥2 949.14 (10% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-58%
Maximum Upside
+10%
Average Downside
17%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 21.8 ¥2 679.5
0%
3-Year Average 24 ¥2 949.14
+10%
5-Year Average 22.4 ¥2 755.3
+3%
Industry Average 9.1 ¥1 116.13
-58%
Country Average 17 ¥2 089.38
-22%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
¥330.9B
/
Jan 2026
¥13.3B
=
21.8
Current
¥330.9B
/
Mar 2026
¥15.5B
=
21.4
Forward
¥330.9B
/
Mar 2027
¥16.7B
=
19.8
Forward
¥330.9B
/
Mar 2028
¥18B
=
18.4
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Market Distribution

In line with most companies in Japan
Percentile
67th
Based on 5 185 companies
67th percentile
21.8
Low
0 — 13.1
Typical Range
13.1 — 23
High
23 —
Distribution Statistics
Japan
Min 0
30th Percentile 13.1
Median 17
70th Percentile 23
Max 7 956 708

Nippon Gas Co Ltd
Glance View

Market Cap
295.7B JPY
Industry
Utilities

Nippon Gas Co., Ltd., also known as NIG, has carved out a significant niche in Japan's energy landscape. Established in 1955, the company has grown from a humble beginning into one of the leading players in the distribution of liquefied petroleum gas (LPG). Their business model is rooted in a robust supply chain that sources gas, which is meticulously delivered to residential, commercial, and industrial customers across Japan. By leveraging an extensive network of delivery channels, NIG ensures a seamless supply of LPG, catering to the unique energy demands of Japan’s urban and rural landscapes alike. The company places a strong emphasis on customer service and safety, integrating advanced monitoring systems to ensure that their energy solutions are both reliable and environmentally responsible. Beyond mere distribution, Nippon Gas Co., Ltd. has strategically diversified its revenue streams to enhance financial stability and market presence. This diversification includes venturing into the sale and installation of energy equipment, such as gas appliances, and the provision of services that enhance energy efficiency for their clients. By capitalizing on the transition to cleaner energy solutions, such as LPG, which is considered a cleaner alternative to other fossil fuels, NIG not only aligns with global trends toward sustainability but also fortifies its competitive edge in the market. This broadened focus not only bolsters revenue but also positions the company as a committed participant in Japan's ongoing energy transformation, continuously seeking innovative strategies to meet and exceed customer expectations.

Intrinsic Value
3 042.64 JPY
Undervaluation 12%
Intrinsic Value
Price ¥2 679.5
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