Why Investors Shouldn't Be Surprised By Coca-Cola Bottlers Japan Holdings Inc.'s (TSE:2579) 25% Share Price Surge
Nov 21
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Japanese (NIKKEI) Beverage Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies12
- 7D-1.5%
- 3M-3.2%
- 1Y-0.01%
- YTD0.6%
Over the last 7 days, the Beverage industry has dropped 1.5%, driven by a pullback from Asahi Group Holdings of 8.2%. On the other hand Sapporo Holdings is actually up 8.0%. Over the last year, the industry has been flat overall. Earnings are forecast to grow by 7.7% 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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | JP¥7.7t | JP¥9.3t | JP¥452.6b | 21.8x | 17x | 0.8x |
| Sat, 19 Oct 2024 | JP¥7.8t | JP¥9.3t | JP¥473.5b | 20.7x | 16.6x | 0.8x |
| Mon, 16 Sep 2024 | JP¥8.0t | JP¥9.3t | JP¥474.6b | 18.5x | 16.9x | 0.9x |
| Wed, 14 Aug 2024 | JP¥7.5t | JP¥9.3t | JP¥466.8b | 16.6x | 16x | 0.8x |
| Fri, 12 Jul 2024 | JP¥8.1t | JP¥9.1t | JP¥452.5b | 19.6x | 18x | 0.9x |
| Sun, 09 Jun 2024 | JP¥8.1t | JP¥9.1t | JP¥452.5b | 19.6x | 17.9x | 0.9x |
| Tue, 07 May 2024 | JP¥7.9t | JP¥8.9t | JP¥417.8b | 19.2x | 18.9x | 0.9x |
| Thu, 04 Apr 2024 | JP¥7.8t | JP¥8.9t | JP¥417.8b | 19.3x | 18.6x | 0.9x |
| Sat, 02 Mar 2024 | JP¥7.6t | JP¥8.9t | JP¥417.0b | 18.2x | 18.2x | 0.8x |
| Mon, 29 Jan 2024 | JP¥7.8t | JP¥8.8t | JP¥369.1b | 22.6x | 21x | 0.9x |
| Wed, 27 Dec 2023 | JP¥7.6t | JP¥8.8t | JP¥369.1b | 23.1x | 20.6x | 0.9x |
| Fri, 24 Nov 2023 | JP¥7.7t | JP¥8.8t | JP¥368.4b | 23.9x | 20.8x | 0.9x |
| Sun, 22 Oct 2023 | JP¥7.4t | JP¥8.6t | JP¥366.0b | 20x | 20.2x | 0.9x |
| Tue, 19 Sep 2023 | JP¥7.9t | JP¥8.6t | JP¥366.0b | 21.5x | 21.6x | 0.9x |
| Thu, 17 Aug 2023 | JP¥7.4t | JP¥8.6t | JP¥363.4b | 20.4x | 20.4x | 0.9x |
| Sat, 15 Jul 2023 | JP¥7.3t | JP¥8.4t | JP¥392.8b | 21x | 18.7x | 0.9x |
| Mon, 12 Jun 2023 | JP¥7.6t | JP¥8.4t | JP¥392.7b | 21.4x | 19.4x | 0.9x |
| Wed, 10 May 2023 | JP¥7.4t | JP¥8.3t | JP¥385.2b | 17.7x | 19.3x | 0.9x |
| Fri, 07 Apr 2023 | JP¥7.1t | JP¥8.3t | JP¥385.2b | 16.9x | 18.4x | 0.9x |
| Sun, 05 Mar 2023 | JP¥7.0t | JP¥8.3t | JP¥385.2b | 17x | 18.1x | 0.8x |
| Tue, 31 Jan 2023 | JP¥6.4t | JP¥8.1t | JP¥395.1b | 17.4x | 16.2x | 0.8x |
| Thu, 29 Dec 2022 | JP¥6.7t | JP¥8.1t | JP¥395.1b | 17.7x | 16.8x | 0.8x |
| Sat, 26 Nov 2022 | JP¥6.9t | JP¥8.0t | JP¥390.7b | 17.3x | 17.7x | 0.9x |
| Mon, 24 Oct 2022 | JP¥6.7t | JP¥7.7t | JP¥331.9b | 19.2x | 20.3x | 0.9x |
| Wed, 21 Sep 2022 | JP¥7.2t | JP¥7.7t | JP¥331.9b | 20.2x | 21.8x | 0.9x |
| Fri, 19 Aug 2022 | JP¥7.3t | JP¥7.7t | JP¥332.2b | 20.1x | 21.9x | 0.9x |
| Sun, 17 Jul 2022 | JP¥7.1t | JP¥7.5t | JP¥296.1b | 20.6x | 24.1x | 1x |
| Tue, 14 Jun 2022 | JP¥6.8t | JP¥7.5t | JP¥296.1b | 19.6x | 22.8x | 0.9x |
| Thu, 12 May 2022 | JP¥6.9t | JP¥7.4t | JP¥312.3b | 22.4x | 22.1x | 0.9x |
| Sat, 09 Apr 2022 | JP¥6.5t | JP¥7.4t | JP¥312.6b | 22.7x | 20.8x | 0.9x |
| Mon, 07 Mar 2022 | JP¥6.6t | JP¥7.4t | JP¥312.6b | 22.7x | 21.1x | 0.9x |
| Wed, 02 Feb 2022 | JP¥6.6t | JP¥7.3t | JP¥271.5b | 24.1x | 24.4x | 0.9x |
| Fri, 31 Dec 2021 | JP¥6.4t | JP¥7.3t | JP¥270.1b | 25.6x | 23.8x | 0.9x |
| Sun, 28 Nov 2021 | JP¥6.6t | JP¥7.3t | JP¥269.4b | 26.2x | 24.3x | 0.9x |
Price to Earnings Ratio
24.3x
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 17.0x which is lower than its 3-year average PE of 19.9x.
- The industry is trading close to its 3-year average PS ratio of 0.88x.
Past Earnings Growth
- The earnings for companies in the Beverage industry have grown 19% per year over the last three years.
- Revenues for these companies have grown 8.5% 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 | -0.44% | |
| Consumer Staples | -0.43% | |
| Beverage | -1.48% | |
| Soft Drinks | 0.31% | |
| Distillers and Wine Makers | -1.22% | |
| Brewers | -2.44% | |
Industry PE
- Investors are most optimistic about the Soft Drinks industry even though it's trading below its 3-year average PE ratio of 26.7x.
- Analysts are expecting annual earnings growth of 9.5%, which is lower than the prior year's growth of 18.3% per year.
- Investors are most pessimistic about the Distillers and Wine Makers industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 12.7x.
Forecasted Growth
- Analysts are most optimistic on the Soft Drinks industry, expecting annual earnings growth of 9.5% over the next 5 years.
- However this is lower than its past earnings growth rate of 18% per year.
- In contrast, the Brewers industry is expected to see its earnings grow by 6.7% 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 | |
|---|---|---|---|---|---|
| 2501 Sapporo Holdings | JP¥8.29k | 8.0% +JP¥48.1b | 42.8% | PE37.6x | |
| 2587 Suntory Beverage & Food | JP¥5.11k | 1.4% +JP¥22.2b | 10.4% | PE16x | |
| 2579 Coca-Cola Bottlers Japan Holdings | JP¥2.46k | 3.4% +JP¥14.5b | 28.6% | PE55.1x | |
| 2588 Premium Water HoldingsInc | JP¥3.24k | 12.2% +JP¥10.5b | 12.8% | PE14x | |
| 2585 Lifedrink Company | JP¥2.40k | 2.2% +JP¥2.7b | 134.0% | PE38.4x |
