Analysts Are Updating Their Kubota Corporation (TSE:6326) Estimates After Its First-Quarter Results
May 14
Japanese (NIKKEI) Industrials Sector Analysis
UpdatedMay 17, 2024
DataAggregated Company Financials
Companies1030
- 7D0.9%
- 3M8.8%
- 1Y30.8%
- YTD18.0%
Over the last 7 days, the Industrials industry has remained flat, although notably Recruit Holdings gained 11%. As for the the longer term, the industry is up 32% over the past 12 months. Looking forward, earnings are forecast to grow by 6.1% annually.
Sector Valuation and Performance
Has the Japanese Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 17 May 2024 | JP¥221.9t | JP¥258.4t | JP¥14.1t | 12.7x | 15.8x | 0.9x |
| Sun, 14 Apr 2024 | JP¥219.8t | JP¥256.8t | JP¥13.9t | 13.2x | 15.9x | 0.9x |
| Tue, 12 Mar 2024 | JP¥208.5t | JP¥256.6t | JP¥13.9t | 12.9x | 15.1x | 0.8x |
| Thu, 08 Feb 2024 | JP¥199.9t | JP¥255.7t | JP¥13.5t | 12.9x | 14.8x | 0.8x |
| Sat, 06 Jan 2024 | JP¥193.8t | JP¥264.0t | JP¥13.7t | 12.6x | 14.2x | 0.7x |
| Mon, 04 Dec 2023 | JP¥190.3t | JP¥263.9t | JP¥13.7t | 12.3x | 13.9x | 0.7x |
| Wed, 01 Nov 2023 | JP¥179.6t | JP¥264.9t | JP¥14.9t | 12.1x | 12.1x | 0.7x |
| Fri, 29 Sep 2023 | JP¥190.2t | JP¥264.9t | JP¥14.8t | 12.5x | 12.8x | 0.7x |
| Sun, 27 Aug 2023 | JP¥186.2t | JP¥264.8t | JP¥14.8t | 12.2x | 12.6x | 0.7x |
| Tue, 25 Jul 2023 | JP¥189.8t | JP¥264.3t | JP¥15.6t | 12.4x | 12.1x | 0.7x |
| Thu, 22 Jun 2023 | JP¥191.7t | JP¥264.2t | JP¥15.6t | 12.1x | 12.3x | 0.7x |
| Sat, 20 May 2023 | JP¥176.5t | JP¥263.7t | JP¥15.6t | 11.7x | 11.3x | 0.7x |
| Mon, 17 Apr 2023 | JP¥163.4t | JP¥258.1t | JP¥15.7t | 11.2x | 10.4x | 0.6x |
| Wed, 15 Mar 2023 | JP¥156.9t | JP¥257.2t | JP¥15.6t | 10.9x | 10x | 0.6x |
| Fri, 10 Feb 2023 | JP¥159.5t | JP¥255.6t | JP¥15.8t | 10.8x | 10.1x | 0.6x |
| Sun, 08 Jan 2023 | JP¥149.2t | JP¥249.4t | JP¥15.8t | 10.2x | 9.4x | 0.6x |
| Tue, 06 Dec 2022 | JP¥157.0t | JP¥249.3t | JP¥15.8t | 10.5x | 9.9x | 0.6x |
| Thu, 03 Nov 2022 | JP¥155.7t | JP¥241.7t | JP¥15.0t | 10.6x | 10.4x | 0.6x |
| Sat, 01 Oct 2022 | JP¥148.2t | JP¥237.5t | JP¥14.5t | 10.3x | 10.2x | 0.6x |
| Mon, 29 Aug 2022 | JP¥161.2t | JP¥237.5t | JP¥14.5t | 10.9x | 11.1x | 0.7x |
| Wed, 27 Jul 2022 | JP¥155.2t | JP¥227.9t | JP¥12.8t | 10.9x | 12.1x | 0.7x |
| Fri, 24 Jun 2022 | JP¥146.5t | JP¥227.8t | JP¥12.8t | 10.5x | 11.4x | 0.6x |
| Sun, 22 May 2022 | JP¥151.5t | JP¥227.3t | JP¥12.8t | 10.7x | 11.8x | 0.7x |
| Tue, 19 Apr 2022 | JP¥151.6t | JP¥220.1t | JP¥10.8t | 11x | 14x | 0.7x |
| Thu, 17 Mar 2022 | JP¥152.3t | JP¥222.4t | JP¥10.9t | 10.8x | 14x | 0.7x |
| Sat, 12 Feb 2022 | JP¥159.7t | JP¥222.4t | JP¥10.7t | 11.2x | 14.9x | 0.7x |
| Mon, 10 Jan 2022 | JP¥164.2t | JP¥214.7t | JP¥8.9t | 11.6x | 18.4x | 0.8x |
| Wed, 08 Dec 2021 | JP¥161.7t | JP¥212.4t | JP¥8.9t | 11.4x | 18.2x | 0.8x |
| Fri, 05 Nov 2021 | JP¥171.7t | JP¥211.3t | JP¥7.9t | 12.6x | 21.9x | 0.8x |
| Sun, 03 Oct 2021 | JP¥161.6t | JP¥205.2t | JP¥6.7t | 12.6x | 24.3x | 0.8x |
| Tue, 31 Aug 2021 | JP¥160.6t | JP¥205.7t | JP¥6.7t | 12.9x | 24.1x | 0.8x |
| Wed, 07 Jul 2021 | JP¥156.3t | JP¥205.7t | JP¥6.7t | 12.6x | 23.4x | 0.8x |
Price to Earnings Ratio
34.7x
Current Industry PE
- Investors are relatively neutral on the Japanese Industrials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 14.9x.
- The industry is trading close to its 3-year average PS ratio of 0.71x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have grown 47% per year over the last three years.
- Revenues for these companies have grown 9.5% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Japanese Industrials sector?
| JP Market | 0.61% | |
| Industrials | 0.88% | |
| Building | 6.98% | |
| Marine and Shipping | 6.47% | |
| Professional Services | 6.04% | |
| Electrical | 1.61% | |
| Aerospace & Defense | 1.43% | |
| Industrials | 1.09% | |
| Trade Distributors | 0.84% | |
| Airlines | 0.36% | |
| Machinery | -0.18% | |
| Commercial Services | -1.10% | |
| Transportation | -1.33% | |
| Logistics | -2.22% | |
| Construction | -3.92% | |
| Infrastructure | -4.96% | |
Industry PE
- Investors are most optimistic about the Aerospace & Defense industry which is trading above its 3-year average PE ratio of 82.4x.
- Analysts are expecting annual earnings growth of 19.9%, which is lower than the prior year's growth of 4,746.5% per year.
- Investors are most pessimistic about the Marine and Shipping industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 3.1x.
Forecasted Growth
- Analysts are most optimistic on the Aerospace & Defense industry, expecting annual earnings growth of 20% over the next 5 years.
- In contrast, the Marine and Shipping industry is expected to see its earnings decline by 19% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 6098 Recruit Holdings | JP¥7.71k | 10.7% +JP¥1.2t | 81.8% | PE34.7x | |
| 6367 Daikin IndustriesLtd | JP¥25.22k | 10.5% +JP¥701.1b | -7.6% | PE28.4x | |
| 7011 Mitsubishi Heavy Industries | JP¥1.35k | 8.4% +JP¥349.5b | 145.0% | PE20.4x | |
| 8058 Mitsubishi | JP¥3.38k | 1.4% +JP¥183.5b | 82.9% | PE14.3x | |
| 9101 Nippon Yusen Kabushiki Kaisha | JP¥4.82k | 8.9% +JP¥180.4b | 57.7% | PE9.7x |
