We Think Wacoal Holdings' (TSE:3591) Solid Earnings Are Understated
Nov 22
Have your own idea? Try our Stock Screener
Japanese (NIKKEI) Luxury Industry Analysis
UpdatedNov 23, 2024
DataAggregated Company Financials
Companies62
- 7D3.3%
- 3M3.8%
- 1Y39.7%
- YTD54.6%
Over the last 7 days, the Luxury industry has risen 3.3%, driven by gains from ASICS of 5.2%. In the last 12 months, the industry was up 40%. Earnings are forecast to grow by 11% annually.
Industry Valuation and Performance
Has the Japanese Luxury Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 24 Nov 2024 | JP¥4.2t | JP¥3.4t | JP¥171.2b | 15.3x | 24.7x | 1.3x |
| Tue, 22 Oct 2024 | JP¥4.1t | JP¥3.3t | JP¥160.9b | 14.4x | 25.6x | 1.2x |
| Thu, 19 Sep 2024 | JP¥4.1t | JP¥3.2t | JP¥152.6b | 14.3x | 26.7x | 1.3x |
| Sat, 17 Aug 2024 | JP¥4.1t | JP¥3.3t | JP¥157.3b | 15.3x | 25.8x | 1.2x |
| Mon, 15 Jul 2024 | JP¥4.1t | JP¥3.3t | JP¥146.7b | 17.4x | 28.1x | 1.3x |
| Wed, 12 Jun 2024 | JP¥3.8t | JP¥3.3t | JP¥146.2b | 16.8x | 26.1x | 1.2x |
| Fri, 10 May 2024 | JP¥3.4t | JP¥3.2t | JP¥134.9b | 16.2x | 25.1x | 1.1x |
| Sun, 07 Apr 2024 | JP¥3.4t | JP¥3.2t | JP¥131.2b | 16.4x | 25.6x | 1x |
| Tue, 05 Mar 2024 | JP¥3.2t | JP¥3.2t | JP¥131.6b | 17.4x | 24.1x | 1x |
| Thu, 01 Feb 2024 | JP¥2.9t | JP¥3.2t | JP¥128.8b | 15x | 22.3x | 0.9x |
| Sat, 30 Dec 2023 | JP¥2.8t | JP¥3.2t | JP¥125.7b | 15.2x | 22.3x | 0.9x |
| Mon, 27 Nov 2023 | JP¥3.1t | JP¥3.2t | JP¥125.2b | 15.6x | 24.7x | 1x |
| Wed, 25 Oct 2023 | JP¥2.9t | JP¥3.2t | JP¥127.1b | 14.3x | 22.5x | 0.9x |
| Fri, 22 Sep 2023 | JP¥3.0t | JP¥3.2t | JP¥125.9b | 14.7x | 24.1x | 0.9x |
| Sun, 20 Aug 2023 | JP¥2.8t | JP¥3.2t | JP¥125.3b | 12.9x | 22.7x | 0.9x |
| Tue, 18 Jul 2023 | JP¥2.7t | JP¥3.2t | JP¥122.9b | 12.4x | 22.2x | 0.9x |
| Thu, 15 Jun 2023 | JP¥2.8t | JP¥3.1t | JP¥122.4b | 11.8x | 23.1x | 0.9x |
| Sat, 13 May 2023 | JP¥2.7t | JP¥3.1t | JP¥109.8b | 12.1x | 24.4x | 0.9x |
| Mon, 10 Apr 2023 | JP¥2.6t | JP¥3.1t | JP¥106.1b | 10.5x | 24.3x | 0.8x |
| Wed, 08 Mar 2023 | JP¥2.6t | JP¥3.1t | JP¥103.5b | 11.7x | 25.1x | 0.8x |
| Fri, 03 Feb 2023 | JP¥2.3t | JP¥3.0t | JP¥101.5b | 11.5x | 23x | 0.8x |
| Sun, 01 Jan 2023 | JP¥2.4t | JP¥3.1t | JP¥114.9b | 11.8x | 20.6x | 0.8x |
| Tue, 29 Nov 2022 | JP¥2.4t | JP¥3.1t | JP¥114.2b | 12.7x | 21.2x | 0.8x |
| Thu, 27 Oct 2022 | JP¥2.2t | JP¥3.0t | JP¥106.5b | 15x | 20.9x | 0.7x |
| Sat, 24 Sep 2022 | JP¥2.2t | JP¥3.0t | JP¥108.0b | 14.9x | 20.3x | 0.7x |
| Mon, 22 Aug 2022 | JP¥2.3t | JP¥3.0t | JP¥107.8b | 14.7x | 21.3x | 0.8x |
| Wed, 20 Jul 2022 | JP¥2.1t | JP¥2.9t | JP¥92.0b | 16x | 23.1x | 0.7x |
| Fri, 17 Jun 2022 | JP¥2.1t | JP¥2.9t | JP¥87.8b | 17.3x | 23.9x | 0.7x |
| Sun, 15 May 2022 | JP¥2.0t | JP¥2.9t | JP¥85.1b | 13.4x | 23.2x | 0.7x |
| Tue, 12 Apr 2022 | JP¥1.9t | JP¥2.9t | JP¥97.8b | 12.8x | 19.6x | 0.7x |
| Thu, 10 Mar 2022 | JP¥1.9t | JP¥2.9t | JP¥92.1b | 12.4x | 20.2x | 0.6x |
| Sat, 05 Feb 2022 | JP¥2.1t | JP¥2.9t | JP¥88.5b | 14.3x | 24.1x | 0.7x |
| Mon, 03 Jan 2022 | JP¥2.3t | JP¥2.9t | JP¥86.1b | 16x | 26.2x | 0.8x |
| Wed, 01 Dec 2021 | JP¥2.3t | JP¥2.9t | JP¥92.9b | 15.7x | 24.6x | 0.8x |
Price to Earnings Ratio
24.6x
Current Industry PE
- Investors are relatively neutral on the Japanese Luxury 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 23.5x.
- The 3-year average PS ratio of 0.89x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Luxury industry have grown 23% per year over the last three years.
- Revenues for these companies have grown 5.0% 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 Consumer Discretionary industry?
| JP Market | -0.51% | |
| Consumer Discretionary | -0.10% | |
| Luxury | 3.25% | |
| Footwear | 5.18% | |
| Apparel, Accessories and Luxury Goods | 1.59% | |
| Textiles | 1.11% | |
Industry PE
- Investors are most optimistic about the Footwear industry even though it's trading below its 3-year average PE ratio of 52.5x.
- Analysts are expecting annual earnings growth of 9.0%, which is lower than the prior year's growth of 263.1% per year.
- Investors are most pessimistic about the Apparel, Accessories and Luxury Goods industry, which is trading below its 3-year average of 24.1x.
Forecasted Growth
- Analysts are most optimistic on the Apparel, Accessories and Luxury Goods industry, expecting annual earnings growth of 14% over the next 5 years.
- This is better than its past earnings growth rate of 11% per year.
- In contrast, the Footwear industry is expected to see its earnings grow by 9.0% 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 | |
|---|---|---|---|---|---|
| 7936 ASICS | JP¥2.86k | 5.2% +JP¥101.3b | 110.2% | PE34.2x | |
| 8111 Goldwin | JP¥8.55k | 2.7% +JP¥10.2b | -24.0% | PE15.5x | |
| 3591 Wacoal Holdings | JP¥4.75k | 3.5% +JP¥8.6b | 43.6% | PE56x | |
| 3104 Fujibo Holdings | JP¥5.25k | 6.9% +JP¥3.9b | 44.2% | PE18x | |
| 3608 TSI HoldingsLtd | JP¥873.00 | 3.3% +JP¥2.0b | 4.7% | PE24.5x |
