Calculating The Intrinsic Value Of OBIC Business Consultants Co., Ltd. (TSE:4733)
May 10
Japanese (NIKKEI) Application Software Industry Analysis
UpdatedMay 16, 2024
DataAggregated Company Financials
Companies139
- 7D-0.2%
- 3M-1.4%
- 1Y-1.1%
- YTDn/a
Last week, the Application Software industry hasn't moved much but Rakus is up 5.4% in that time. Furthermore, the industry has been flat for the past year as well. As for the next few years, earnings are expected to grow by 34% per annum.
Industry Valuation and Performance
Has the Japanese Application Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 16 May 2024 | JP¥4.1t | JP¥1.2t | JP¥70.8b | 22.8x | 58x | 3.3x |
| Sat, 13 Apr 2024 | JP¥4.2t | JP¥1.2t | JP¥68.5b | 23.3x | 60.8x | 3.4x |
| Mon, 11 Mar 2024 | JP¥4.4t | JP¥1.2t | JP¥65.8b | 25.4x | 67.6x | 3.7x |
| Wed, 07 Feb 2024 | JP¥4.3t | JP¥1.2t | JP¥70.2b | 25.8x | 60.8x | 3.5x |
| Fri, 05 Jan 2024 | JP¥4.2t | JP¥1.2t | JP¥68.6b | 22.9x | 61.4x | 3.4x |
| Sun, 03 Dec 2023 | JP¥4.2t | JP¥1.2t | JP¥69.4b | 22.5x | 61.2x | 3.4x |
| Tue, 31 Oct 2023 | JP¥3.6t | JP¥1.2t | JP¥66.6b | 21.7x | 54.4x | 3x |
| Thu, 28 Sep 2023 | JP¥4.0t | JP¥1.2t | JP¥63.7b | 24.5x | 62.5x | 3.3x |
| Sat, 26 Aug 2023 | JP¥4.0t | JP¥1.2t | JP¥63.5b | 23.5x | 63x | 3.4x |
| Mon, 24 Jul 2023 | JP¥4.2t | JP¥1.2t | JP¥57.7b | 23.2x | 72.2x | 3.6x |
| Wed, 21 Jun 2023 | JP¥4.5t | JP¥1.1t | JP¥57.0b | 23.4x | 79.5x | 4x |
| Fri, 19 May 2023 | JP¥4.1t | JP¥1.1t | JP¥58.0b | 20.9x | 69.9x | 3.6x |
| Sun, 16 Apr 2023 | JP¥4.0t | JP¥1.1t | JP¥52.3b | 25.5x | 77.1x | 3.6x |
| Tue, 14 Mar 2023 | JP¥3.8t | JP¥1.1t | JP¥52.9b | 25.1x | 71.7x | 3.5x |
| Thu, 09 Feb 2023 | JP¥3.9t | JP¥1.1t | JP¥50.6b | 25.1x | 76.6x | 3.6x |
| Sat, 07 Jan 2023 | JP¥3.4t | JP¥1.1t | JP¥51.9b | 22.3x | 65.7x | 3.2x |
| Mon, 05 Dec 2022 | JP¥3.8t | JP¥1.0t | JP¥52.2b | 24.1x | 71.8x | 3.6x |
| Wed, 02 Nov 2022 | JP¥3.5t | JP¥1.0t | JP¥61.6b | 24.2x | 57.1x | 3.4x |
| Fri, 30 Sep 2022 | JP¥3.2t | JP¥1.0t | JP¥65.6b | 23x | 49.4x | 3.1x |
| Sun, 28 Aug 2022 | JP¥3.5t | JP¥1.0t | JP¥65.9b | 24.5x | 53x | 3.4x |
| Tue, 26 Jul 2022 | JP¥3.4t | JP¥1.0t | JP¥76.9b | 24.6x | 43.9x | 3.3x |
| Thu, 23 Jun 2022 | JP¥3.0t | JP¥1.0t | JP¥79.1b | 22.8x | 37.8x | 2.9x |
| Sat, 21 May 2022 | JP¥3.2t | JP¥1.0t | JP¥78.1b | 22x | 41.3x | 3.2x |
| Mon, 18 Apr 2022 | JP¥3.7t | JP¥990.8b | JP¥81.3b | 25.4x | 45.3x | 3.7x |
| Wed, 16 Mar 2022 | JP¥3.2t | JP¥983.5b | JP¥84.0b | 20.6x | 38.6x | 3.3x |
| Fri, 11 Feb 2022 | JP¥3.8t | JP¥965.1b | JP¥88.7b | 20.9x | 43.3x | 4x |
| Sun, 09 Jan 2022 | JP¥4.2t | JP¥956.6b | JP¥82.8b | 22.2x | 50.7x | 4.4x |
| Tue, 07 Dec 2021 | JP¥4.8t | JP¥953.8b | JP¥83.9b | 23.8x | 56.7x | 5x |
| Thu, 04 Nov 2021 | JP¥5.5t | JP¥942.0b | JP¥77.2b | 27.3x | 70.7x | 5.8x |
| Sat, 02 Oct 2021 | JP¥5.4t | JP¥923.2b | JP¥71.5b | 30.2x | 75.6x | 5.9x |
| Mon, 30 Aug 2021 | JP¥5.2t | JP¥947.9b | JP¥71.1b | 31.3x | 73.7x | 5.5x |
| Tue, 06 Jul 2021 | JP¥5.2t | JP¥941.8b | JP¥70.9b | 32.7x | 72.8x | 5.5x |
Price to Earnings Ratio
65.5x
Current Industry PE
- Investors are pessimistic on the Japanese Application Software industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 58.0x which is lower than its 3-year average PE of 61.3x.
- The 3-year average PS ratio of 3.9x is higher than the industry's current PS ratio of 3.3x.
Past Earnings Growth
- The earnings for companies in the Application Software industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 9.8% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Comparison
How does Japanese Application Software compare with similar industries?
| JP Market | 0.64% | |
| Tech | -0.64% | |
| Software | -1.57% | |
| Application Software | -0.24% | |
| Systems Software | -3.09% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 3923 Rakus | JP¥1.86k | 5.4% +JP¥17.4b | -15.7% | PE109.9x | |
| 4733 OBIC Business Consultants | JP¥6.86k | 2.4% +JP¥11.9b | 29.2% | PE37.2x | |
| 4443 Sansan | JP¥1.60k | 5.7% +JP¥10.8b | -6.9% | PS6.4x | |
| 3993 PKSHA Technology | JP¥4.48k | 4.4% +JP¥5.9b | 131.9% | PE81.8x | |
| 4165 PLAIDInc | JP¥767.00 | 18.7% +JP¥4.9b | -2.0% | PS3.1x |
