Hokkaido Gas Stock Fair Value Calculator – HOKKAIDO GAS Reports Third Quarter FY2023 Earnings Results for Fiscal Year Ending December 31st 2022.
March 26, 2023
Earnings Overview
HOKKAIDO GAS ($TSE:9534) announced their earnings for the third quarter of FY2023, which ended December 31st 2022. Revenue was JPY 601.2 million, significantly increasing by 155.1% from the same period in the previous year. Net income was JPY 45173.1 million, a 45.9% increase compared to the year before.
Share Price
Monday marked an important day for HOKKAIDO GAS as the company reported its third quarter fiscal year 2023 earnings results for the fiscal year ending December 31st 2022. The stock opened at JP¥1783.0 and closed at JP¥1767.0, resulting in a decrease of 0.7% from the prior closing price of 1780.0. The earnings report included important financial data such as sales, profits, expenses, and net income. This move is expected to help further strengthen investor confidence in the company’s future performance and stock price.
Overall, HOKKAIDO GAS has reported strong earnings for its third quarter fiscal year 2023, with a positive outlook for future performance. Investors will be closely monitoring these results and will be eager to see if the company can continue to deliver on its promise of increased shareholder value. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Hokkaido Gas. More…
| Total Revenues | Net Income | Net Margin |
| 155.91k | 7.5k | 4.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Hokkaido Gas. More…
| Operations | Investing | Financing |
| 6.95k | -22.16k | 20.89k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Hokkaido Gas. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 189.19k | 128.37k | 3.33k |
Key Ratios Snapshot
Some of the financial key ratios for Hokkaido Gas are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.5% | 32.7% | 6.9% |
| FCF Margin | ROE | ROA |
| -9.3% | 11.5% | 3.6% |
Analysis – Hokkaido Gas Stock Fair Value Calculator
At GoodWhale, we recently performed an analysis of HOKKAIDO GAS‘s wellbeing. After careful consideration of the company’s current performance, we determined the fair value of HOKKAIDO GAS share to be around JP¥1926.9, calculated by our proprietary Valuation Line. This figure is slightly higher than the market price of HOKKAIDO GAS stock which is currently being traded at JP¥1767.0. In other words, the market price is undervalued by 8.3%. More…
Peers
As one of the largest gas companies in Japan, Hokkaido Gas Co Ltd provides an essential service to businesses and households in the country.
– Toho Gas Co Ltd ($TSE:9533)
Toho Gas Co Ltd is a leading energy provider in Japan that supplies natural gas, LPG, and oil to residences, businesses, and industrial customers. The company has a market cap of 267.48B as of 2023, reflecting its strong presence in the energy industry. Additionally, Toho Gas Co Ltd’s Return on Equity (ROE) of 6.57% is reflective of its efficient use of capital and high profitability. This makes the company an attractive investment for investors who are looking for returns and stability.
– China Gas Industry Investment Holdings Co Ltd ($SEHK:01940)
Gas Industry Investment Holdings Co Ltd is a Chinese company that specializes in natural gas exploration and production, as well as the sale, storage and transportation of the gas. The company has a market capitalization of 564M as of 2023, reflecting its strong financial performance and growth potential. Its Return on Equity (ROE) of 6.03% reflects the company’s ability to generate profits from its investments. This is indicative of the company’s strong financial performance and good management of its assets.
– Tokyo Gas Co Ltd ($TSE:9531)
Tokyo Gas Co Ltd is a leading Japanese energy company that specializes in the production, distribution and sale of electricity, gas and water. With a market cap of 1.11T as of 2023, it is one of the largest companies in Japan and a major player in the country’s energy sector. The company also boasts a Return on Equity of 14.15%, indicating its strong financial performance and profitability. As an integrated energy company, Tokyo Gas Co Ltd is focused on providing reliable and efficient services to its customers in Japan and abroad.
Summary
Hokkaido Gas has delivered impressive results for the third quarter of FY2023, with revenue increasing by 155.1% year-on-year to JPY 601.2 million and net income increasing 45.9% to JPY 45173.1 million. This demonstrates the company’s ability to effectively manage costs and generate returns for investors, despite the difficult market conditions. As a result, Hokkaido Gas is looking attractive as an investment option, as it boasts solid financials, a rising market capitalization and a healthy dividend yield. It is well positioned to continue delivering strong returns in the future.
Related Posts
Recent Posts
