Has the Japanese Diversified Financial Industry valuation changed over the past few years?
|Tue, 25 Jan 2022||JP¥7.1t||JP¥6.5t||JP¥518.7b||12.8x|
|Thu, 23 Dec 2021||JP¥6.9t||JP¥6.5t||JP¥518.7b||12.6x|
|Sat, 20 Nov 2021||JP¥6.9t||JP¥6.5t||JP¥518.8b||12.6x|
|Mon, 18 Oct 2021||JP¥6.9t||JP¥6.2t||JP¥454.4b||13.6x|
|Wed, 15 Sep 2021||JP¥7.0t||JP¥6.2t||JP¥454.8b||13.9x|
|Fri, 13 Aug 2021||JP¥6.8t||JP¥6.2t||JP¥454.8b||12.8x|
|Tue, 08 Jun 2021||JP¥6.6t||JP¥6.0t||JP¥408.7b||12.9x|
|Mon, 01 Mar 2021||JP¥6.1t||JP¥5.9t||JP¥417.4b||14.1x|
|Thu, 03 Dec 2020||JP¥5.7t||JP¥5.9t||JP¥461.1b||14x|
|Sun, 06 Sep 2020||JP¥5.1t||JP¥6.0t||JP¥525.7b||9.9x|
|Wed, 10 Jun 2020||JP¥5.2t||JP¥6.0t||JP¥556.8b||9.1x|
|Tue, 03 Mar 2020||JP¥5.8t||JP¥5.9t||JP¥596.9b||9.8x|
|Fri, 06 Dec 2019||JP¥6.3t||JP¥6.3t||JP¥606.5b||9.6x|
|Mon, 09 Sep 2019||JP¥5.6t||JP¥6.3t||JP¥587.9b||9.4x|
|Sun, 02 Jun 2019||JP¥5.4t||JP¥5.9t||JP¥577.9b||9x|
|Wed, 06 Mar 2019||JP¥5.7t||JP¥5.9t||JP¥545.5b||10.4x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 11.1x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Diversified Financial industry have remained mostly flat over the last three years, while revenues for these companies have grown 3.4% per year.This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Which industries have driven the changes within the Japanese Diversified Financial industry?
|Other Diversified Financial Services||-3.74%|
Industry PE: Investors are most optimistic about the Specialized Finance industry, which is trading close to its 3-year average PE ratio of 12.1x. However analysts expect its future annual earnings growth (8.1%) to be largely in line with prior year's earnings growth, so the market might believe analysts are underestimating its future growth since investors are willing to pay a bigger premium today. Meanwhile, investors are most pessimistic about the Other Diversified Financial Services industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 8.2x.
Forecasted Growth: Analysts are most optimistic on the Specialized Finance industry, expecting annual earnings growth of 8.1% over the next 5 years. This is roughly in line with its past earnings growth rate. Meanwhile, the Other Diversified Financial Services industry is expected to see its earnings grow by 7.6% per year over the next few years.
Which companies have driven the market over the last 7 days?
Mizuho Leasing Company
Financial Products Group
Japan Securities Finance
Mitsubishi HC Capital
Fuyo General Lease
Ricoh Leasing Company
Money Partners GroupLtd
NEC Capital Solutions