Analyst Estimates: Here's What Brokers Think Of Japan Exchange Group, Inc. (TSE:8697) After Its Interim Report
Nov 01
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Japanese (NIKKEI) Capital Markets Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies53
- 7D-0.8%
- 3M2.6%
- 1Y11.5%
- YTD7.8%
Over the last 7 days, the Capital Markets industry has dropped 1.5%, driven by a pullback from Japan Exchange Group of 2.6%. This takes the industry's 12 month performance to a gain of 13%. Earnings are forecast to grow by 8.3% annually.
Industry Valuation and Performance
Has the Japanese Capital Markets Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | JP¥5.2t | JP¥2.3t | JP¥311.9b | 13.6x | 16.8x | 2.3x |
| Sat, 19 Oct 2024 | JP¥7.5t | JP¥3.9t | JP¥499.3b | 13.9x | 15x | 1.9x |
| Mon, 16 Sep 2024 | JP¥7.2t | JP¥3.9t | JP¥506.2b | 13x | 14.3x | 1.9x |
| Wed, 14 Aug 2024 | JP¥7.2t | JP¥3.9t | JP¥506.1b | 12.3x | 14.3x | 1.9x |
| Fri, 12 Jul 2024 | JP¥7.7t | JP¥3.4t | JP¥417.2b | 14.2x | 18.4x | 2.2x |
| Sun, 09 Jun 2024 | JP¥8.5t | JP¥3.7t | JP¥456.7b | 14.3x | 18.6x | 2.3x |
| Tue, 07 May 2024 | JP¥8.0t | JP¥3.7t | JP¥455.4b | 14.7x | 17.6x | 2.2x |
| Thu, 04 Apr 2024 | JP¥8.3t | JP¥3.5t | JP¥362.4b | 18.3x | 23x | 2.4x |
| Sat, 02 Mar 2024 | JP¥8.3t | JP¥3.5t | JP¥362.6b | 17.3x | 23x | 2.4x |
| Mon, 29 Jan 2024 | JP¥6.3t | JP¥3.1t | JP¥293.3b | 17x | 21.6x | 2x |
| Wed, 27 Dec 2023 | JP¥5.8t | JP¥3.1t | JP¥334.1b | 16.2x | 17.2x | 1.9x |
| Fri, 24 Nov 2023 | JP¥5.9t | JP¥3.1t | JP¥333.9b | 16.1x | 17.6x | 1.9x |
| Sun, 22 Oct 2023 | JP¥7.3t | JP¥4.3t | JP¥418.1b | 15.8x | 17.4x | 1.7x |
| Tue, 19 Sep 2023 | JP¥7.4t | JP¥4.3t | JP¥416.3b | 16.8x | 17.9x | 1.7x |
| Thu, 17 Aug 2023 | JP¥5.5t | JP¥3.3t | JP¥340.7b | 14.2x | 16.2x | 1.7x |
| Sat, 15 Jul 2023 | JP¥6.5t | JP¥4.0t | JP¥337.9b | 18x | 19.3x | 1.6x |
| Mon, 12 Jun 2023 | JP¥6.3t | JP¥4.0t | JP¥335.2b | 16.7x | 18.7x | 1.6x |
| Wed, 10 May 2023 | JP¥6.0t | JP¥3.9t | JP¥300.4b | 22.2x | 19.9x | 1.5x |
| Fri, 07 Apr 2023 | JP¥5.8t | JP¥3.8t | JP¥338.8b | 22.2x | 17.2x | 1.5x |
| Sun, 05 Mar 2023 | JP¥6.2t | JP¥3.8t | JP¥340.7b | 22.6x | 18.3x | 1.6x |
| Tue, 31 Jan 2023 | JP¥6.0t | JP¥3.7t | JP¥650.3b | 15.5x | 9.3x | 1.6x |
| Thu, 29 Dec 2022 | JP¥5.7t | JP¥3.7t | JP¥608.7b | 14.2x | 9.3x | 1.5x |
| Sat, 26 Nov 2022 | JP¥6.0t | JP¥3.7t | JP¥608.7b | 16.2x | 9.8x | 1.6x |
| Mon, 24 Oct 2022 | JP¥5.7t | JP¥3.6t | JP¥661.0b | 12.7x | 8.6x | 1.6x |
| Wed, 21 Sep 2022 | JP¥5.9t | JP¥3.6t | JP¥650.6b | 12.9x | 9.1x | 1.6x |
| Fri, 19 Aug 2022 | JP¥5.1t | JP¥3.0t | JP¥567.6b | 13.2x | 9x | 1.7x |
| Sun, 17 Jul 2022 | JP¥5.8t | JP¥3.6t | JP¥767.3b | 10.4x | 7.6x | 1.6x |
| Tue, 14 Jun 2022 | JP¥5.6t | JP¥3.6t | JP¥766.4b | 10.4x | 7.3x | 1.6x |
| Thu, 12 May 2022 | JP¥5.4t | JP¥3.5t | JP¥793.5b | 10.5x | 6.9x | 1.5x |
| Sat, 09 Apr 2022 | JP¥6.2t | JP¥3.4t | JP¥686.9b | 9.6x | 9x | 1.8x |
| Mon, 07 Mar 2022 | JP¥6.0t | JP¥3.4t | JP¥686.9b | 10x | 8.8x | 1.7x |
| Wed, 02 Feb 2022 | JP¥6.2t | JP¥3.4t | JP¥458.3b | 10.4x | 13.4x | 1.8x |
| Fri, 31 Dec 2021 | JP¥6.4t | JP¥3.4t | JP¥452.4b | 10.8x | 14.1x | 1.9x |
| Sun, 28 Nov 2021 | JP¥6.5t | JP¥3.4t | JP¥455.6b | 10.8x | 14.3x | 1.9x |
Price to Earnings Ratio
14.3x
Current Industry PE
- Investors are optimistic on the Japanese Capital Markets industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 17.0x which is higher than its 3-year average PE of 14.8x.
- The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.3x.
Past Earnings Growth
- The earnings for companies in the Capital Markets industry have declined 12% per year over the last three years,
- Revenues have also declined 12% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Japanese Financials industry?
| JP Market | -0.44% | |
| Financials | 0.64% | |
| Capital Markets | -0.84% | |
| Investment Banking and Brokerage | 0.62% | |
| Diversified Capital Markets | 0% | |
| Asset Management | -1.52% | |
| Financial Exchanges and Data | -2.74% | |
Industry PE
- Investors are most optimistic about the Financial Exchanges and Data industry which is trading above its 3-year average PE ratio of 27.7x.
- Analysts are expecting annual earnings growth of 2.4%, which is higher than its past year's earnings decline of 28.9% per year.
- Investors are most pessimistic about the Investment Banking and Brokerage industry, which is trading close to its 3-year average of 13.7x.
Forecasted Growth
- Analysts are most optimistic on the Asset Management industry, expecting annual earnings growth of 35% over the next 5 years.
- This is better than its past earnings decline of 16% per year.
- In contrast, the Financial Exchanges and Data industry is expected to see its earnings grow by 2.4% 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 | |
|---|---|---|---|---|---|
| 8604 Nomura Holdings | JP¥929.70 | 2.7% +JP¥73.3b | 52.6% | PE10x | |
| 8698 Monex Group | JP¥1.03k | 8.2% +JP¥19.9b | 61.5% | PE14x | |
| 8473 SBI Holdings | JP¥3.52k | 0.7% +JP¥7.0b | 10.0% | PE11.2x | |
| 8614 Toyo Securities | JP¥612.00 | 8.9% +JP¥4.1b | 105.4% | PE22x | |
| 6080 M&A Capital PartnersLtd | JP¥2.53k | 4.9% +JP¥3.7b | 17.8% | PE18x |