Nippon Gas Co Ltd
TSE:8174
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EV/S
Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.
Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.
Valuation Scenarios
If EV/S returns to its 3-Year Average (1.4), the stock would be worth ¥2 416.08 (16% downside from current price).
| Scenario | EV/S Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 1.6 | ¥2 882.5 |
0%
|
| 3-Year Average | 1.4 | ¥2 416.08 |
-16%
|
| 5-Year Average | 1.4 | ¥2 408.7 |
-16%
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| Industry Average | 1.3 | ¥2 346.82 |
-19%
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| Country Average | 1.1 | ¥1 956.98 |
-32%
|
Forward EV/S
Today’s price vs future revenue
| Today's Enterprise Value | Revenue | Forward EV/S | ||
|---|---|---|---|---|
|
¥353.6B
|
/ |
Jan 2026
¥204.1B
|
= |
|
|
¥353.6B
|
/ |
Mar 2026
¥206.9B
|
= |
|
|
¥353.6B
|
/ |
Mar 2027
¥212.2B
|
= |
|
|
¥353.6B
|
/ |
Mar 2028
¥220.7B
|
= |
|
Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.
Peer Comparison
| Market Cap | EV/S | P/E | ||||
|---|---|---|---|---|---|---|
| JP |
|
Nippon Gas Co Ltd
TSE:8174
|
311.5B JPY | 1.6 | 23.5 | |
| US |
|
Atmos Energy Corp
NYSE:ATO
|
30.7B USD | 8.2 | 24.6 | |
| ES |
|
Naturgy Energy Group SA
MAD:NTGY
|
25.5B EUR | 1.8 | 12.5 | |
| IT |
|
Snam SpA
MIL:SRG
|
22.8B EUR | 9.3 | 17.7 | |
| HK |
|
Hong Kong and China Gas Co Ltd
HKEX:3
|
135.1B HKD | 3.1 | 23.8 | |
| JP |
|
Osaka Gas Co Ltd
TSE:9532
|
2.3T JPY | 1.4 | 12.3 | |
| JP |
T
|
Tokyo Gas Co Ltd
TSE:9531
|
2.2T JPY | 1.1 | 10.8 | |
| IT |
|
Italgas SpA
MIL:IG
|
10.6B EUR | 5.9 | 15.7 | |
| IN |
|
GAIL (India) Ltd
NSE:GAIL
|
1.1T INR | 0.8 | 12.6 | |
| CA |
|
AltaGas Ltd
TSX:ALA
|
15.5B CAD | 2 | 20.7 | |
| CN |
|
ENN Natural Gas Co Ltd
SSE:600803
|
64.9B CNY | 0.6 | 13.9 |
Market Distribution
| Min | 0 |
| 30th Percentile | 0.7 |
| Median | 1.1 |
| 70th Percentile | 2 |
| Max | 12 107 466 |
Other Multiples
Nippon Gas Co Ltd
Glance View
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.