Ratings Nippon Gas Co., Ltd.

Equities

8174

JP3695600001

Market Closed - Japan Exchange Other stock markets 02:00:00 2024-04-26 am EDT			5-day change	1st Jan Change
2,600 ^JPY	+1.48%		+4.46%	+11.71%

Apr. 18	Nippon Gas Completes 3.5 Billion Yen Buyback Program	MT
Apr. 17	Tranche Update on Nippon Gas Co., Ltd.'s Equity Buyback Plan announced on February 1, 2024.	CI

Summary

Overall, and from a short-term perspective, the company presents an interesting fundamental situation.

Strengths

Over the last twelve months, the sales forecast has been frequently revised upwards.
Analysts covering this company mostly recommend stock overweighting or purchase.
Over the past four months, analysts' average price target has been revised upwards significantly.
Considering the small differences between the analysts' various estimates, the group's business visibility is good.

Weaknesses

According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
With a 2024 P/E ratio at 25.99 times the estimated earnings, the company operates at rather significant levels of earnings multiples.
In relation to the value of its tangible assets, the company's valuation appears relatively high.
The valuation of the company is particularly high given the cash flows generated by its activity.

Ratings chart - Surperformance

Sector: Natural Gas Utilities

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
NIPPON GAS CO., LTD.	+11.71%	1.84B		-
ATMOS ENERGY CORPORATION	+0.89%	17.64B		C+
GAIL INDIA LIMITED	+28.35%	16.4B		C-
ADANI TOTAL GAS LIMITED	-6.96%	12.12B	-	C+
TOKYO GAS CO., LTD.	+10.84%	9.16B		A-
OSAKA GAS COMPANY., LTD.	+16.20%	8.89B		B-
PETRONAS GAS	+3.56%	7.48B		B+
APA GROUP	-2.58%	6.96B		C
ALTAGAS LTD.	+8.30%	6.51B		B-
CHINA GAS HOLDINGS LIMITED	-5.97%	5.03B		B+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes