Results: Fast Retailing Co., Ltd. Exceeded Expectations And The Consensus Has Updated Its Estimates
Jul 14
Japanese (NIKKEI) Specialty Stores Industry Analysis
UpdatedJul 16, 2024
DataAggregated Company Financials
Companies153
- 7D2.3%
- 3M2.8%
- 1Y19.3%
- YTD16.6%
Over the last 7 days, the Specialty Stores industry has risen 2.4%, driven by gains from Fast Retailing of 1.8%. During this same period, the Japan Eyewear Holdings underperformed, falling 7.9%. This takes the industry's 12 month performance to a gain of 19%. As for the next few years, earnings are expected to grow by 7.3% per annum.
Industry Valuation and Performance
Has the Japanese Specialty Stores Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 16 Jul 2024 | JP¥24.7t | JP¥19.8t | JP¥996.5b | 13.7x | 24.8x | 1.2x |
| Thu, 13 Jun 2024 | JP¥23.8t | JP¥19.6t | JP¥961.4b | 13.4x | 24.8x | 1.2x |
| Sat, 11 May 2024 | JP¥23.9t | JP¥19.5t | JP¥961.0b | 13x | 24.9x | 1.2x |
| Mon, 08 Apr 2024 | JP¥25.3t | JP¥19.4t | JP¥943.1b | 12.5x | 26.9x | 1.3x |
| Wed, 06 Mar 2024 | JP¥25.0t | JP¥19.4t | JP¥938.8b | 12.5x | 26.6x | 1.3x |
| Fri, 02 Feb 2024 | JP¥23.1t | JP¥19.8t | JP¥945.0b | 13.6x | 24.4x | 1.2x |
| Sun, 31 Dec 2023 | JP¥21.6t | JP¥19.7t | JP¥923.9b | 13.2x | 23.4x | 1.1x |
| Tue, 28 Nov 2023 | JP¥22.0t | JP¥19.7t | JP¥914.9b | 12.7x | 24x | 1.1x |
| Thu, 26 Oct 2023 | JP¥20.4t | JP¥19.5t | JP¥904.8b | 12.7x | 22.6x | 1x |
| Sat, 23 Sep 2023 | JP¥20.8t | JP¥19.4t | JP¥876.1b | 13.4x | 23.7x | 1.1x |
| Mon, 21 Aug 2023 | JP¥20.3t | JP¥19.4t | JP¥875.3b | 12.9x | 23.2x | 1x |
| Wed, 19 Jul 2023 | JP¥20.7t | JP¥19.3t | JP¥877.4b | 13.2x | 23.6x | 1.1x |
| Fri, 16 Jun 2023 | JP¥21.4t | JP¥19.1t | JP¥876.1b | 12.9x | 24.4x | 1.1x |
| Sun, 14 May 2023 | JP¥20.1t | JP¥19.1t | JP¥873.8b | 12.3x | 23x | 1.1x |
| Tue, 11 Apr 2023 | JP¥19.2t | JP¥19.4t | JP¥955.0b | 11.6x | 20.2x | 1x |
| Thu, 09 Mar 2023 | JP¥18.5t | JP¥18.8t | JP¥909.1b | 11.2x | 20.4x | 1x |
| Sat, 04 Feb 2023 | JP¥17.6t | JP¥18.7t | JP¥924.3b | 10.9x | 19x | 0.9x |
| Mon, 02 Jan 2023 | JP¥17.7t | JP¥18.6t | JP¥934.5b | 10.9x | 18.9x | 1x |
| Wed, 30 Nov 2022 | JP¥17.6t | JP¥18.5t | JP¥938.8b | 10.4x | 18.8x | 1x |
| Fri, 28 Oct 2022 | JP¥17.3t | JP¥18.4t | JP¥923.3b | 10.7x | 18.8x | 0.9x |
| Sun, 25 Sep 2022 | JP¥17.0t | JP¥18.2t | JP¥907.8b | 10.7x | 18.7x | 0.9x |
| Tue, 23 Aug 2022 | JP¥17.7t | JP¥18.2t | JP¥905.4b | 10.7x | 19.6x | 1x |
| Thu, 21 Jul 2022 | JP¥16.8t | JP¥18.2t | JP¥892.7b | 11.4x | 18.9x | 0.9x |
| Sat, 18 Jun 2022 | JP¥15.1t | JP¥18.1t | JP¥831.2b | 11.3x | 18.1x | 0.8x |
| Mon, 16 May 2022 | JP¥14.3t | JP¥18.1t | JP¥777.7b | 11.2x | 18.3x | 0.8x |
| Wed, 13 Apr 2022 | JP¥13.9t | JP¥18.1t | JP¥725.9b | 10.8x | 19.2x | 0.8x |
| Fri, 11 Mar 2022 | JP¥14.4t | JP¥18.0t | JP¥726.2b | 10.1x | 19.8x | 0.8x |
| Sun, 06 Feb 2022 | JP¥15.1t | JP¥18.1t | JP¥709.0b | 10.9x | 21.3x | 0.8x |
| Tue, 04 Jan 2022 | JP¥15.2t | JP¥18.1t | JP¥691.4b | 11.3x | 22.1x | 0.8x |
| Thu, 02 Dec 2021 | JP¥15.5t | JP¥18.0t | JP¥699.2b | 10.6x | 22.1x | 0.9x |
| Sat, 30 Oct 2021 | JP¥17.1t | JP¥18.1t | JP¥684.8b | 10.5x | 24.9x | 0.9x |
| Mon, 27 Sep 2021 | JP¥18.0t | JP¥18.2t | JP¥704.2b | 10.3x | 25.6x | 1x |
| Wed, 25 Aug 2021 | JP¥17.0t | JP¥19.0t | JP¥702.8b | 11.5x | 24.2x | 0.9x |
Price to Earnings Ratio
24.6x
Current Industry PE
- Investors are optimistic on the Japanese Specialty Retail industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 24.9x which is higher than its 3-year average PE of 22.0x.
- The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Specialty Retail industry have grown 12% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the Japanese Consumer Discretionary industry?
| JP Market | 1.03% | |
| Consumer Discretionary | 1.94% | |
| Specialty Stores | 2.31% | |
| Home Furnishing Retail | 5.27% | |
| Computer and Electronics Retail | 3.69% | |
| Specialty Stores | 2.56% | |
| Apparel Retail | 1.92% | |
| Home Improvement Retail | 1.89% | |
| Automotive Retail | 1.45% | |
Industry PE
- Investors are most optimistic about the Apparel Retail industry even though it's trading below its 3-year average PE ratio of 34.2x.
- Analysts are expecting annual earnings growth of 6.2%, which is lower than the prior year's growth of 15.0% per year.
- Investors are most pessimistic about the Automotive Retail industry, which is trading close to its 3-year average of 13.7x.
Forecasted Growth
- Analysts are most optimistic on the Specialty Stores industry, expecting annual earnings growth of 16% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Home Furnishing Retail industry is expected to see its earnings grow by 5.9% 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 | |
|---|---|---|---|---|---|
| 9983 Fast Retailing | JP¥43.01k | 1.8% +JP¥233.6b | 23.9% | PE35.6x | |
| 9843 Nitori Holdings | JP¥17.33k | 5.3% +JP¥98.3b | 0.06% | PE22.6x | |
| 8136 Sanrio Company | JP¥3.24k | 4.3% +JP¥31.4b | 61.4% | PE43.6x | |
| 3092 ZOZO | JP¥4.37k | 2.2% +JP¥27.3b | 53.0% | PE29.2x | |
| 7564 WorkmanLtd | JP¥3.93k | 5.6% +JP¥17.1b | -20.3% | PE20.1x |
