Nippon Gas Co Ltd
TSE:8174

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Nippon Gas Co Ltd
TSE:8174
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Price: 2 882.5 JPY -0.47% Market Closed
Market Cap: ¥318.1B

EV/S

1.6
Current
19%
More Expensive
vs 3-y average of 1.4

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.

EV/S
1.6
=
Enterprise Value
¥353.6B
/
Revenue
¥204.1B

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.

EV/S
1.6
=
Enterprise Value
¥353.6B
/
Revenue
¥204.1B

Valuation Scenarios

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

If EV/S returns to its 3-Year Average (1.4), the stock would be worth ¥2 416.08 (16% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-32%
Maximum Upside
No Upside Scenarios
Average Downside
21%
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%
Industry Average 1.3 ¥2 346.82
-19%
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
=
1.6
Current
¥353.6B
/
Mar 2026
¥206.9B
=
1.7
Forward
¥353.6B
/
Mar 2027
¥212.2B
=
1.7
Forward
¥353.6B
/
Mar 2028
¥220.7B
=
1.6
Forward

Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
EV/S
P/E
All Countries
Close

Market Distribution

In line with most companies in Japan
Percentile
64rd
Based on 5 140 companies
64rd percentile
1.6
Low
0 — 0.7
Typical Range
0.7 — 2
High
2 —
Distribution Statistics
Japan
Min 0
30th Percentile 0.7
Median 1.1
70th Percentile 2
Max 12 107 466

Nippon Gas Co Ltd
Glance View

Market Cap
318.1B 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 5%
Intrinsic Value
Price ¥2 882.5
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