The lowest and highest of the models that produced a value. This is the spread of the methods, not a price target.
Price target range & 52-week position
Bear¥5,929.88Fair value¥14,229.28Bull¥20,664.88
FairClose
52-week traded range
52W low ¥5,111.0052W high ¥7,861.00
The 52-week range is measured from the stored price history, not estimated.
Valuation summary
Trading below the consensus fair value
TOKYO GAS CO.,LTD. closed at ¥6,275.00, 55.9% below the consensus fair value of ¥14,229.28 drawn from 9 valuation models.
Financial DNA score 71/100 — Strong. P/E of 9.6x against the 20x sector multiple the P/E model uses.
Quantitative summary only — not investment advice.
All valuation models
DCF Valuation
¥16,666.89
+165.6%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=9%, r=10%, tg=3%, n=10yr
Graham Number
¥8,704.81
+38.7%
√(22.5 × EPS × BVPS)
EPS=654.76, BVPS=5143.44
P/E Fair Value
¥13,095.20
+108.7%
EPS × 20x (sector P/E)
EPS=654.76, Sector P/E=20x
Peter Lynch (PEG)
¥15,766.62
+151.3%
EPS × Growth% (PEG = 1 is fair)
EPS=654.76, g=24.1%
EV/EBITDA
¥20,664.88
+229.3%
(EBITDA × 18x − Net Debt) ÷ Shares
EBITDA=461.98B
Dividend Discount (DDM)
¥5,929.88
-5.5%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=109.81, r=10%, g=8%
Book Value (P/B)
¥9,258.20
+47.5%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=5143.44, ROE=13.2%, g=6%, r=10%
Reverse DCF
¥6,275.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: -2.9% | Historical: 24.1%
Margin of Safety
¥9,616.72
+53.3%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=12822.3, MoS=25%
Computed on September 12, 2026 from the most recent annual report on file and that day's closing price. Where a company has seen its earnings move sharply since its last annual report, this figure will lag the market.
Educational data only. Not a recommendation to buy, sell or hold any security.