Hokuriku Electric stock trades at a 4.61 earnings multiple

Published on 10/15/2026 at 21:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hokuriku Electric stock sits 8.94 percent below its high on October 15, 2026. It costs EUR 6.05 on October 15 at Lang & Schwarz, while Tokyo fell 1.74 percent.

Valuation and price position

Hokuriku Electric carried a 4.61 earnings multiple on October 15, 2026.
The stock stood 8.94 percent below its 52-week high on October 15, 2026.
Hokuriku Electric stock costs EUR 6.05 at Lang & Schwarz on October 15, 2026 at 9:10 p.m. CEST.
Hokuriku Electric had a JPY 224.4 billion market capitalization on October 15, 2026.

Hokuriku Electric, JP3845400005, Illustration mit AI erstellt.

Hokuriku Electric (ISIN JP3845400005) carried a 4.61 earnings multiple on October 15, 2026, below 7.15 for Kansai Electric and 10.97 for Chubu Electric. Its market capitalization was JPY 224.4 billion. At Lang & Schwarz, the stock was trading at EUR 6.05 on October 15, 2026 at 9:10 p.m. CEST.

Price position stays below the high

The Tokyo-listed shares were last at JPY 1,074 at 3:30 p.m. JST on October 15, 2026. That was 1.74 percent below the previous session's JPY 1,093, giving investors a separate view of the completed Japanese session.

Hokuriku Electric's 52-week range was JPY 782.20 to JPY 1,179.50 on October 15, 2026. The latest Tokyo price stood 8.94 percent below the upper end and 37.29 percent above the lower end. Trading volume reached 778,900 shares, compared with an average of 1,016,245.

Valuation differs from larger peers

The earnings multiple places Hokuriku Electric below two larger Japanese utilities. Kansai Electric had a JPY 2,990.1 billion market capitalization and a 7.15 multiple, while Chubu Electric had JPY 1,948.9 billion and a 10.97 multiple. The comparison describes relative valuation, not a forecast or an investment recommendation.

Comparison with peers

Hokuriku Electric: minus 1.74 percent, P/E 4.61, market capitalization JPY 224.4 billion.

Kansai Electric (Tokyo Stock Exchange, JPY): minus 2.19 percent, P/E 7.15, market capitalization JPY 2,990.1 billion.

Chubu Electric (Tokyo Stock Exchange, JPY): minus 3.37 percent, P/E 10.97, market capitalization JPY 1,948.9 billion.

Electricity business remains diversified

Hokuriku Electric supplies electricity through generation, transmission and distribution in Japan, with hydroelectric, thermal and nuclear capacity. The company also operates energy-related construction, gas retail, communications and real estate businesses. Its fiscal 2026 revenue was described as down 8.4 percent in an October 8, 2026 market summary, while the company page listed a 25.8 megawatt wind project update.

The price picture is therefore defined by a modest Tokyo decline, a wide 52-week spread and a lower earnings multiple than the two larger utilities used in the comparison. The market capitalization also places Hokuriku Electric well below both peers.

Hokuriku Electric was trading at EUR 6.05 at Lang & Schwarz on October 15, 2026 at 9:10 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Hokuriku Electric stock.