- Forecast Net Income: Tokyo Gas now expects net income of 81 billion yen for the fiscal year.
- Previous Forecast: The previous forecast was 80 billion yen.
- Market Expectation: Analysts were expecting 91.86 billion yen in net income.
- Forecast Net Sales: Net sales are projected to be 2.64 trillion yen, aligning with the previous forecast.
- Analyst Estimates: The market was anticipating net sales of 2.77 trillion yen.
- Forecast Operating Income: Operating income is still expected to be 113 billion yen, below the market estimate of 135.83 billion yen.
- Dividend: The dividend projection remains at 70 yen per share, slightly less than the 71 yen expected by analysts.
- First Quarter Operating Income: The company’s operating income for Q1 was 24.91 billion yen, a 73% decrease year-over-year.
- Analyst Estimates for Q1 Operating Income: Analysts had estimated 33.84 billion yen.
- First Quarter Net Income: Q1 net income came in at 19.90 billion yen, a 74% decrease year-over-year.
- Analyst Estimates for Q1 Net Income: The estimate was 24.27 billion yen.
- First Quarter Net Sales: Q1 net sales stood at 586.93 billion yen, a 9.7% drop year-over-year.
- Analyst Estimates for Q1 Net Sales: Analysts had expected 659.34 billion yen.
- Analyst Recommendations: The stock has 0 buys, 5 holds, and 0 sells according to analyst ratings.
A look at Tokyo Gas Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Tokyo Gas shows a promising long-term outlook. With a high Growth score of 5, the company is positioned well for future expansion and development. Additionally, Tokyo Gas scores well in Value with a score of 4, indicating a strong potential for long-term value creation. This suggests that the company’s stock may be undervalued relative to its fundamentals, offering potential upside for investors.
While Tokyo Gas scores lower in areas like Resilience and Dividend, with scores of 2 and 3 respectively, the overall outlook remains positive. The company’s Momentum score of 3 reflects stable positive market momentum, further supporting the optimistic long-term view for Tokyo Gas. With its focus on producing and supplying liquefied natural gas, managing gas supply equipment, and operating in the power generation sector, Tokyo Gas is positioned for growth and value creation in the foreseeable future.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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