Is Kirin Holdings Company, Limited (TSE:2503) Trading At A 50% Discount?
Apr 27
Japanese (NIKKEI) Beverage Industry Analysis
UpdatedMay 01, 2024
DataAggregated Company Financials
Companies13
- 7D-0.8%
- 3M0.3%
- 1Y6.1%
- YTD3.1%
In the last week, Beverage has been flat. The past year has been better, since the industry has gained 6.1% in that time. Looking forward, earnings are forecast to grow by 9.2% annually.
Industry Valuation and Performance
Has the Japanese Beverage Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 01 May 2024 | JP¥7.9t | JP¥8.9t | JP¥417.8b | 19.1x | 18.9x | 0.9x |
| Fri, 29 Mar 2024 | JP¥7.8t | JP¥8.9t | JP¥417.8b | 19.1x | 18.7x | 0.9x |
| Sun, 25 Feb 2024 | JP¥7.9t | JP¥8.9t | JP¥417.0b | 19.2x | 19x | 0.9x |
| Tue, 23 Jan 2024 | JP¥7.9t | JP¥8.8t | JP¥369.1b | 22.6x | 21.3x | 0.9x |
| Thu, 21 Dec 2023 | JP¥7.6t | JP¥8.8t | JP¥369.1b | 23.3x | 20.5x | 0.9x |
| Sat, 18 Nov 2023 | JP¥7.8t | JP¥8.8t | JP¥368.4b | 23.8x | 21.2x | 0.9x |
| Mon, 16 Oct 2023 | JP¥7.5t | JP¥8.6t | JP¥366.0b | 20.1x | 20.6x | 0.9x |
| Wed, 13 Sep 2023 | JP¥7.8t | JP¥8.6t | JP¥366.0b | 21.2x | 21.3x | 0.9x |
| Fri, 11 Aug 2023 | JP¥7.5t | JP¥8.6t | JP¥368.7b | 20.1x | 20.4x | 0.9x |
| Sun, 09 Jul 2023 | JP¥7.5t | JP¥8.4t | JP¥392.8b | 21x | 19x | 0.9x |
| Tue, 06 Jun 2023 | JP¥7.6t | JP¥8.4t | JP¥392.7b | 21.2x | 19.3x | 0.9x |
| Thu, 04 May 2023 | JP¥7.4t | JP¥8.3t | JP¥385.2b | 17.6x | 19.3x | 0.9x |
| Sat, 01 Apr 2023 | JP¥7.1t | JP¥8.3t | JP¥385.2b | 18x | 18.4x | 0.9x |
| Mon, 27 Feb 2023 | JP¥6.9t | JP¥8.3t | JP¥385.5b | 17.4x | 17.8x | 0.8x |
| Wed, 25 Jan 2023 | JP¥6.4t | JP¥8.1t | JP¥395.1b | 17.4x | 16.1x | 0.8x |
| Fri, 23 Dec 2022 | JP¥6.6t | JP¥8.1t | JP¥395.1b | 17.5x | 16.8x | 0.8x |
| Sun, 20 Nov 2022 | JP¥6.7t | JP¥8.0t | JP¥390.7b | 16.8x | 17.2x | 0.8x |
| Tue, 18 Oct 2022 | JP¥7.0t | JP¥7.7t | JP¥331.9b | 20.2x | 21.2x | 0.9x |
| Thu, 15 Sep 2022 | JP¥7.0t | JP¥7.7t | JP¥331.9b | 19.5x | 21.2x | 0.9x |
| Sat, 13 Aug 2022 | JP¥7.3t | JP¥7.7t | JP¥332.2b | 20x | 21.9x | 0.9x |
| Mon, 11 Jul 2022 | JP¥7.0t | JP¥7.5t | JP¥296.1b | 20.3x | 23.7x | 0.9x |
| Wed, 08 Jun 2022 | JP¥6.8t | JP¥7.5t | JP¥296.1b | 19.7x | 22.9x | 0.9x |
| Fri, 06 May 2022 | JP¥6.9t | JP¥7.4t | JP¥312.6b | 23.4x | 22.2x | 0.9x |
| Sun, 03 Apr 2022 | JP¥6.6t | JP¥7.4t | JP¥312.6b | 22.9x | 21.1x | 0.9x |
| Tue, 01 Mar 2022 | JP¥6.8t | JP¥7.4t | JP¥311.2b | 22.7x | 21.8x | 0.9x |
| Thu, 27 Jan 2022 | JP¥6.6t | JP¥7.3t | JP¥271.5b | 24.1x | 24.4x | 0.9x |
| Sat, 25 Dec 2021 | JP¥6.6t | JP¥7.3t | JP¥270.1b | 25.7x | 24.4x | 0.9x |
| Mon, 22 Nov 2021 | JP¥6.8t | JP¥7.3t | JP¥269.4b | 26.6x | 25.2x | 0.9x |
| Wed, 20 Oct 2021 | JP¥7.3t | JP¥7.3t | JP¥284.3b | 27.1x | 25.8x | 1x |
| Fri, 17 Sep 2021 | JP¥7.7t | JP¥7.3t | JP¥284.3b | 27.8x | 26.9x | 1x |
| Sun, 15 Aug 2021 | JP¥7.0t | JP¥7.3t | JP¥284.3b | 26x | 24.6x | 1x |
| Thu, 10 Jun 2021 | JP¥7.2t | JP¥7.1t | JP¥227.4b | 27x | 31.7x | 1x |
Price to Earnings Ratio
29.1x
Current Industry PE
- Investors are pessimistic on the Japanese Beverage 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 18.9x which is lower than its 3-year average PE of 21.5x.
- The industry is trading close to its 3-year average PS ratio of 0.90x.
Past Earnings Growth
- The earnings for companies in the Beverage industry have grown 22% per year over the last three years.
- Revenues for these companies have grown 7.8% 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 Staples industry?
| JP Market | 2.54% | |
| Consumer Staples | 0.55% | |
| Beverage | -0.77% | |
| Distillers and Wine Makers | 1.65% | |
| Soft Drinks | -0.25% | |
| Brewers | -1.16% | |
Industry PE
- Investors are most optimistic about the Soft Drinks industry even though it's trading below its 3-year average PE ratio of 30.1x.
- Analysts are expecting annual earnings growth of 10.8%, which is lower than the prior year's growth of 46.0% per year.
- Investors are most pessimistic about the Distillers and Wine Makers industry, which is trading close to its 3-year average of 13.9x.
Forecasted Growth
- Analysts are most optimistic on the Distillers and Wine Makers industry, expecting annual earnings growth of 14% over the next 5 years.
- This is better than its past earnings decline of 41% per year.
- In contrast, the Brewers industry is expected to see its earnings grow by 8.3% 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 | |
|---|---|---|---|---|---|
| 2503 Kirin Holdings Company | JP¥2.30k | 1.1% +JP¥21.1b | 4.6% | PE16.5x | |
| 2593 Ito En | JP¥3.90k | 4.3% +JP¥19.0b | -6.6% | PE27.5x | |
| 2531 Takara Holdings | JP¥1.05k | 1.5% +JP¥3.1b | -1.4% | PE12.8x | |
| 2579 Coca-Cola Bottlers Japan Holdings | JP¥2.23k | 0.7% +JP¥2.8b | 51.0% | PE213.7x | |
| 2573 Hokkaido Coca-Cola BottlingLtd | JP¥2.67k | 1.8% +JP¥625.9m | 9.9% | PE27.7x |
