Food & Life Companies (TSE:3563) Might Be Having Difficulty Using Its Capital Effectively
Jun 15
Japanese (NIKKEI) Hospitality Industry Analysis
UpdatedJun 15, 2024
DataAggregated Company Financials
Companies154
- 7D-1.8%
- 3M-6.4%
- 1Y-6.4%
- YTD-7.5%
Over the last 7 days, the Hospitality industry has dropped 1.8%, driven by a pullback from Oriental Land of 3.7%. Meanwhile, Round One actually outperformed within the industry, gaining 7.6% in the last week. The industry has fallen 6.4% in the last year. As for the next few years, earnings are expected to grow by 11% per annum.
Industry Valuation and Performance
Has the Japanese Hospitality Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 16 Jun 2024 | JP¥16.7t | JP¥8.8t | JP¥468.8b | 25.9x | 35.6x | 1.9x |
| Tue, 14 May 2024 | JP¥17.0t | JP¥8.7t | JP¥445.0b | 28.1x | 38.3x | 2x |
| Thu, 11 Apr 2024 | JP¥17.9t | JP¥8.5t | JP¥421.1b | 30.2x | 42.5x | 2.1x |
| Sat, 09 Mar 2024 | JP¥18.1t | JP¥8.6t | JP¥414.5b | 28.7x | 43.6x | 2.1x |
| Mon, 05 Feb 2024 | JP¥19.3t | JP¥8.7t | JP¥391.7b | 31.1x | 49.3x | 2.2x |
| Wed, 03 Jan 2024 | JP¥18.5t | JP¥8.6t | JP¥365.0b | 28.9x | 50.6x | 2.2x |
| Fri, 01 Dec 2023 | JP¥18.2t | JP¥8.5t | JP¥381.5b | 28.8x | 47.6x | 2.1x |
| Sun, 29 Oct 2023 | JP¥17.2t | JP¥8.2t | JP¥326.3b | 25.2x | 52.8x | 2.1x |
| Tue, 26 Sep 2023 | JP¥18.0t | JP¥8.2t | JP¥313.5b | 28.7x | 57.3x | 2.2x |
| Thu, 24 Aug 2023 | JP¥18.0t | JP¥8.1t | JP¥305.7b | 32.8x | 58.7x | 2.2x |
| Sat, 22 Jul 2023 | JP¥18.1t | JP¥7.9t | JP¥260.0b | 29.4x | 69.6x | 2.3x |
| Mon, 19 Jun 2023 | JP¥17.9t | JP¥7.8t | JP¥250.0b | 29.4x | 71.7x | 2.3x |
| Wed, 17 May 2023 | JP¥17.7t | JP¥7.7t | JP¥230.2b | 27.8x | 76.9x | 2.3x |
| Fri, 14 Apr 2023 | JP¥16.5t | JP¥7.4t | JP¥191.1b | 24.7x | 86.4x | 2.2x |
| Sun, 12 Mar 2023 | JP¥15.6t | JP¥7.4t | JP¥211.7b | 24.1x | 73.7x | 2.1x |
| Tue, 07 Feb 2023 | JP¥15.0t | JP¥7.2t | JP¥232.4b | 24.7x | 64.6x | 2.1x |
| Thu, 05 Jan 2023 | JP¥13.8t | JP¥7.0t | JP¥229.0b | 24.3x | 60.1x | 2x |
| Sat, 03 Dec 2022 | JP¥14.1t | JP¥7.0t | JP¥196.5b | 24.6x | 71.9x | 2x |
| Mon, 31 Oct 2022 | JP¥14.4t | JP¥6.8t | JP¥196.0b | 23.7x | 73.4x | 2.1x |
| Wed, 28 Sep 2022 | JP¥14.4t | JP¥6.6t | JP¥164.9b | 24.7x | 87.2x | 2.2x |
| Fri, 26 Aug 2022 | JP¥14.4t | JP¥6.6t | JP¥161.6b | 22.3x | 89.1x | 2.2x |
| Sun, 24 Jul 2022 | JP¥13.8t | JP¥6.3t | JP¥109.2b | 24.9x | 126.4x | 2.2x |
| Tue, 21 Jun 2022 | JP¥13.2t | JP¥6.3t | JP¥100.8b | 27.2x | 131.3x | 2.1x |
| Thu, 19 May 2022 | JP¥13.2t | JP¥6.3t | JP¥101.5b | 23.3x | 129.6x | 2.1x |
| Sat, 16 Apr 2022 | JP¥14.8t | JP¥6.1t | JP¥17.8b | 23.6x | 831.3x | 2.4x |
| Mon, 14 Mar 2022 | JP¥13.8t | JP¥5.9t | -JP¥20,954,352,009.00 | 23.2x | -660.5x | 2.3x |
| Wed, 09 Feb 2022 | JP¥14.2t | JP¥5.8t | -JP¥90,108,602,009.00 | 25.7x | -157.8x | 2.4x |
| Fri, 07 Jan 2022 | JP¥13.3t | JP¥5.8t | -JP¥131,448,102,009.00 | 36.1x | -101.1x | 2.3x |
| Sun, 05 Dec 2021 | JP¥13.0t | JP¥5.8t | -JP¥123,573,438,009.00 | 31.5x | -104.9x | 2.2x |
| Tue, 02 Nov 2021 | JP¥13.4t | JP¥5.8t | -JP¥176,408,938,009.00 | 37.6x | -76.2x | 2.3x |
| Thu, 30 Sep 2021 | JP¥13.7t | JP¥5.8t | -JP¥207,895,750,009.00 | 40x | -65.8x | 2.3x |
| Sat, 28 Aug 2021 | JP¥12.6t | JP¥5.9t | -JP¥210,501,460,009.00 | 41.5x | -59.7x | 2.1x |
| Sun, 04 Jul 2021 | JP¥12.5t | JP¥5.9t | -JP¥211,977,460,009.00 | 42.2x | -58.9x | 2.1x |
Price to Earnings Ratio
-58.9x
Current Industry PE
- Investors are optimistic on the Japanese Hospitality industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 35.6x which is higher than its 3-year average PE of 1.3x.
- The 3-year average PS ratio of 2.2x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- Total earnings for the Hospitality industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 14% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Japanese Consumer Discretionary industry?
| JP Market | -0.16% | |
| Consumer Discretionary | -1.39% | |
| Hospitality | -1.77% | |
| Restaurants | -0.39% | |
| Hotels, Resorts and Cruise Lines | -0.69% | |
| Leisure Facilities | -3.03% | |
| Casinos and Gaming | -4.10% | |
Industry PE
- Investors are most optimistic about the Leisure Facilities industry which is trading above its 3-year average PE ratio of 27.4x.
- Analysts are expecting annual earnings growth of 8.8%, which is lower than the prior year's growth of 36.7% per year.
- Investors are most pessimistic about the Casinos and Gaming industry, which is trading below its 3-year average of 14.5x.
Forecasted Growth
- Analysts are most optimistic on the Restaurants industry, expecting annual earnings growth of 14% over the next 5 years.
- However this is lower than its past earnings growth rate of 57% per year.
- In contrast, the Hotels, Resorts and Cruise Lines industry is expected to see its earnings grow by 7.0% 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 | |
|---|---|---|---|---|---|
| 4680 Round One | JP¥805.00 | 7.6% +JP¥15.4b | 36.0% | PE13.9x | |
| 3197 Skylark Holdings | JP¥2.29k | 3.0% +JP¥15.2b | 23.3% | PE58.7x | |
| 9861 Yoshinoya Holdings | JP¥3.07k | 3.9% +JP¥7.4b | 18.0% | PE35.4x | |
| 9603 H.I.S | JP¥1.81k | 3.7% +JP¥4.9b | -15.6% | PE38.3x | |
| 9936 Ohsho Food Service | JP¥8.75k | 2.7% +JP¥4.3b | 33.2% | PE20.8x |
