Why Cosmo Energy Holdings' (TSE:5021) Earnings Are Better Than They Seem
Nov 20
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Japanese (NIKKEI) Energy Sector Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies25
- 7D-1.7%
- 3M-2.7%
- 1Y13.3%
- YTD16.0%
In the last week, the Energy industry is up 1.2%, with San-Ai Obbli up 1.8%. This means that the industry has gained 14% over the past year. Earnings are forecast to grow by 2.4% annually.
Sector Valuation and Performance
Has the Japanese Energy Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | JP¥8.2t | JP¥33.4t | JP¥979.1b | 8.7x | 8.4x | 0.2x |
| Sat, 19 Oct 2024 | JP¥8.4t | JP¥33.6t | JP¥1.2t | 8.1x | 7x | 0.2x |
| Mon, 16 Sep 2024 | JP¥7.9t | JP¥33.6t | JP¥1.2t | 7.9x | 6.7x | 0.2x |
| Wed, 14 Aug 2024 | JP¥8.3t | JP¥33.6t | JP¥1.2t | 8.1x | 6.6x | 0.2x |
| Fri, 12 Jul 2024 | JP¥9.5t | JP¥32.9t | JP¥1.1t | 9.9x | 8.7x | 0.3x |
| Sun, 09 Jun 2024 | JP¥9.1t | JP¥32.9t | JP¥1.1t | 9.5x | 8.4x | 0.3x |
| Tue, 07 May 2024 | JP¥8.9t | JP¥32.9t | JP¥1.0t | 11.2x | 8.5x | 0.3x |
| Thu, 04 Apr 2024 | JP¥9.0t | JP¥32.9t | JP¥1.0t | 10.6x | 8.6x | 0.3x |
| Sat, 02 Mar 2024 | JP¥8.2t | JP¥32.9t | JP¥1.1t | 10.4x | 7.5x | 0.2x |
| Mon, 29 Jan 2024 | JP¥7.5t | JP¥33.4t | JP¥820.0b | 12.6x | 9.2x | 0.2x |
| Wed, 27 Dec 2023 | JP¥7.1t | JP¥33.4t | JP¥819.3b | 12x | 8.7x | 0.2x |
| Fri, 24 Nov 2023 | JP¥7.6t | JP¥33.4t | JP¥819.3b | 12.6x | 9.3x | 0.2x |
| Sun, 22 Oct 2023 | JP¥7.5t | JP¥34.3t | JP¥716.5b | 11.7x | 10.4x | 0.2x |
| Tue, 19 Sep 2023 | JP¥8.0t | JP¥34.3t | JP¥716.7b | 12.1x | 11.2x | 0.2x |
| Thu, 17 Aug 2023 | JP¥6.8t | JP¥34.3t | JP¥716.7b | 11.2x | 9.5x | 0.2x |
| Sat, 15 Jul 2023 | JP¥6.3t | JP¥35.3t | JP¥1.1t | 10.2x | 5.6x | 0.2x |
| Mon, 12 Jun 2023 | JP¥6.1t | JP¥35.3t | JP¥1.1t | 10x | 5.5x | 0.2x |
| Wed, 10 May 2023 | JP¥5.8t | JP¥34.5t | JP¥1.4t | 9.5x | 4.2x | 0.2x |
| Fri, 07 Apr 2023 | JP¥5.6t | JP¥34.5t | JP¥1.4t | 8.4x | 4.1x | 0.2x |
| Sun, 05 Mar 2023 | JP¥5.9t | JP¥34.5t | JP¥1.4t | 8.9x | 4.3x | 0.2x |
| Tue, 31 Jan 2023 | JP¥5.8t | JP¥32.3t | JP¥1.7t | 8.9x | 3.4x | 0.2x |
| Thu, 29 Dec 2022 | JP¥5.7t | JP¥32.3t | JP¥1.7t | 8.6x | 3.3x | 0.2x |
| Sat, 26 Nov 2022 | JP¥6.0t | JP¥32.4t | JP¥1.7t | 9.1x | 3.5x | 0.2x |
| Mon, 24 Oct 2022 | JP¥5.9t | JP¥29.2t | JP¥1.6t | 8.5x | 3.6x | 0.2x |
| Wed, 21 Sep 2022 | JP¥6.1t | JP¥29.2t | JP¥1.6t | 8.5x | 3.8x | 0.2x |
| Fri, 19 Aug 2022 | JP¥6.1t | JP¥29.2t | JP¥1.6t | 8.4x | 3.8x | 0.2x |
| Sun, 17 Jul 2022 | JP¥5.7t | JP¥26.2t | JP¥1.3t | 8.3x | 4.6x | 0.2x |
| Tue, 14 Jun 2022 | JP¥6.8t | JP¥26.2t | JP¥1.3t | 8.5x | 5.4x | 0.3x |
| Thu, 12 May 2022 | JP¥5.7t | JP¥24.8t | JP¥998.5b | 8.8x | 5.7x | 0.2x |
| Sat, 09 Apr 2022 | JP¥5.7t | JP¥24.0t | JP¥950.3b | 8.6x | 6x | 0.2x |
| Mon, 07 Mar 2022 | JP¥5.7t | JP¥24.0t | JP¥953.3b | 8.7x | 6x | 0.2x |
| Wed, 02 Feb 2022 | JP¥5.1t | JP¥21.9t | JP¥732.1b | 9.7x | 7x | 0.2x |
| Fri, 31 Dec 2021 | JP¥5.0t | JP¥21.9t | JP¥731.2b | 10x | 6.8x | 0.2x |
| Sun, 28 Nov 2021 | JP¥4.9t | JP¥21.9t | JP¥731.2b | 9.6x | 6.7x | 0.2x |
Price to Earnings Ratio
6.7x
Current Industry PE
- Investors are optimistic on the Japanese Energy industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 8.5x which is higher than its 3-year average PE of 6.5x.
- The industry is trading close to its 3-year average PS ratio of 0.22x.
Past Earnings Growth
- The earnings for companies in the Energy industry have grown 10% per year over the last three years.
- Revenues for these companies have grown 15% 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 Energy sector?
| JP Market | -0.44% | |
| Energy | -1.73% | |
| Oil and Gas | -1.54% | |
| Energy Services | -7.02% | |
Industry PE
- Investors are most optimistic about the Oil and Gas industry which is trading above its 3-year average PE ratio of 6.3x.
- Analysts are expecting annual earnings growth of 2.6%, which is lower than the prior year's growth of 7.0% per year.
- Investors are most pessimistic about the Energy Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 5.7x.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas industry, expecting annual earnings growth of 2.6% over the next 5 years.
- However this is lower than its past earnings growth rate of 7.0% per year.
- In contrast, the Energy Services industry is expected to see its earnings decline by 4.9% 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 | |
|---|---|---|---|---|---|
| 5020 ENEOS Holdings | JP¥788.40 | 0.7% +JP¥14.5b | 34.4% | PE11.9x | |
| 8131 Mitsuuroko Group HoldingsLtd | JP¥1.70k | 4.2% +JP¥4.0b | 29.9% | PE18.2x | |
| 3315 Nippon Coke & Engineering Company | JP¥95.00 | 2.2% +JP¥582.0m | -20.8% | PS0.3x | |
| 5017 Fuji Oil Company | JP¥295.00 | 1.7% +JP¥385.8m | -20.1% | PS0.03x | |
| 5009 Fuji Kosan Company | JP¥1.43k | 1.3% +JP¥125.1m | -20.9% | PE22.4x |
