Mitsubishi HC Capital (TSE:8593) Is Increasing Its Dividend To ¥20.00
Aug 13
Japanese (NIKKEI) Diversified Financial Industry Analysis
UpdatedAug 18, 2024
DataAggregated Company Financials
Companies30
- 7D4.5%
- 3M0.1%
- 1Y12.6%
- YTD7.2%
Over the last 7 days, the Diversified Financial industry has risen 4.5%, driven by gains from ORIX of 4.7%. Meanwhile, Billing System actually underperformed within the industry, shrinking 19% in the last week. This means that the industry has gained 13% over the past year. Earnings are forecast to grow by 8.8% annually.
Industry Valuation and Performance
Has the Japanese Diversified Financial Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 18 Aug 2024 | JP¥10.9t | JP¥8.8t | JP¥806.5b | 11.6x | 13.6x | 1.2x |
| Tue, 16 Jul 2024 | JP¥11.4t | JP¥8.7t | JP¥760.1b | 14.4x | 15.1x | 1.3x |
| Thu, 13 Jun 2024 | JP¥10.9t | JP¥8.7t | JP¥760.3b | 13.6x | 14.3x | 1.3x |
| Sat, 11 May 2024 | JP¥10.4t | JP¥8.7t | JP¥728.8b | 13.7x | 14.3x | 1.2x |
| Mon, 08 Apr 2024 | JP¥10.3t | JP¥8.6t | JP¥654.0b | 14.3x | 15.7x | 1.2x |
| Wed, 06 Mar 2024 | JP¥10.4t | JP¥8.6t | JP¥653.7b | 14.4x | 15.9x | 1.2x |
| Fri, 02 Feb 2024 | JP¥9.9t | JP¥8.4t | JP¥608.0b | 16.2x | 16.2x | 1.2x |
| Sun, 31 Dec 2023 | JP¥9.5t | JP¥8.4t | JP¥607.9b | 15.9x | 15.6x | 1.1x |
| Tue, 28 Nov 2023 | JP¥9.5t | JP¥8.4t | JP¥607.8b | 16.2x | 15.6x | 1.1x |
| Thu, 26 Oct 2023 | JP¥9.2t | JP¥8.3t | JP¥611.8b | 13.3x | 15x | 1.1x |
| Sat, 23 Sep 2023 | JP¥9.8t | JP¥8.2t | JP¥612.4b | 14.9x | 16x | 1.2x |
| Mon, 21 Aug 2023 | JP¥9.1t | JP¥8.2t | JP¥612.4b | 13.8x | 14.9x | 1.1x |
| Wed, 19 Jul 2023 | JP¥9.2t | JP¥8.3t | JP¥597.1b | 11.4x | 15.4x | 1.1x |
| Fri, 16 Jun 2023 | JP¥9.1t | JP¥8.3t | JP¥597.1b | 11.1x | 15.3x | 1.1x |
| Sun, 14 May 2023 | JP¥8.5t | JP¥8.1t | JP¥580.2b | 10.6x | 14.7x | 1x |
| Tue, 11 Apr 2023 | JP¥8.2t | JP¥8.2t | JP¥619.4b | 10.4x | 13.2x | 1x |
| Thu, 09 Mar 2023 | JP¥7.7t | JP¥8.0t | JP¥587.5b | 9.7x | 13.1x | 1x |
| Sat, 04 Feb 2023 | JP¥7.2t | JP¥8.0t | JP¥565.5b | 9.6x | 12.7x | 0.9x |
| Mon, 02 Jan 2023 | JP¥7.1t | JP¥8.0t | JP¥567.1b | 11.2x | 12.5x | 0.9x |
| Wed, 30 Nov 2022 | JP¥7.2t | JP¥8.0t | JP¥567.2b | 11.5x | 12.7x | 0.9x |
| Fri, 28 Oct 2022 | JP¥7.0t | JP¥7.9t | JP¥578.8b | 11.6x | 12.1x | 0.9x |
| Sun, 25 Sep 2022 | JP¥7.2t | JP¥7.9t | JP¥578.8b | 11x | 12.4x | 0.9x |
| Tue, 23 Aug 2022 | JP¥7.2t | JP¥7.9t | JP¥579.0b | 10.1x | 12.4x | 0.9x |
| Thu, 21 Jul 2022 | JP¥6.9t | JP¥7.1t | JP¥594.4b | 11.2x | 11.5x | 1x |
| Sat, 18 Jun 2022 | JP¥6.7t | JP¥7.1t | JP¥594.4b | 10.4x | 11.3x | 0.9x |
| Mon, 16 May 2022 | JP¥6.7t | JP¥6.9t | JP¥587.4b | 10.4x | 11.3x | 1x |
| Wed, 13 Apr 2022 | JP¥6.6t | JP¥6.8t | JP¥538.4b | 11.7x | 12.2x | 1x |
| Fri, 11 Mar 2022 | JP¥6.5t | JP¥6.8t | JP¥538.5b | 11.3x | 12x | 0.9x |
| Sun, 06 Feb 2022 | JP¥7.1t | JP¥6.5t | JP¥523.8b | 12.7x | 13.5x | 1.1x |
| Tue, 04 Jan 2022 | JP¥7.0t | JP¥6.5t | JP¥518.7b | 12.4x | 13.4x | 1.1x |
| Thu, 02 Dec 2021 | JP¥6.8t | JP¥6.5t | JP¥518.8b | 12.3x | 13.1x | 1x |
| Sat, 30 Oct 2021 | JP¥7.0t | JP¥6.2t | JP¥455.8b | 13.8x | 15.3x | 1.1x |
| Mon, 27 Sep 2021 | JP¥6.9t | JP¥6.2t | JP¥454.4b | 13.9x | 15.2x | 1.1x |
| Wed, 25 Aug 2021 | JP¥6.6t | JP¥6.2t | JP¥454.8b | 13.1x | 14.6x | 1.1x |
Price to Earnings Ratio
14.6x
Current Industry PE
- Investors are relatively neutral on the Japanese Diversified Financial industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 13.9x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Diversified Financial industry have grown 21% per year over the last three years.
- Revenues for these companies have grown 12% 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 Financials industry?
| JP Market | 7.55% | |
| Financials | 10.34% | |
| Diversified Financial | 4.46% | |
| Transaction and Payment Processing Services | 7.42% | |
| Other Diversified Financial Services | 4.71% | |
| Specialized Finance | 3.96% | |
| Multi-Sector Holdings | -1.80% | |
Industry PE
- Investors are most optimistic about the Transaction and Payment Processing Services industry even though it's trading below its 3-year average PE ratio of 46.7x.
- Analysts expect its future annual earnings growth (21.3%) to be largely in line with prior year's earnings growth.
- Investors are most pessimistic about the Other Diversified Financial Services industry, which is trading close to its 3-year average of 10.6x.
Forecasted Growth
- Analysts are most optimistic on the Transaction and Payment Processing Services industry, expecting annual earnings growth of 21% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Other Diversified Financial Services industry is expected to see its earnings grow by 7.0% 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 | |
|---|---|---|---|---|---|
| 8591 ORIX | JP¥3.49k | 4.7% +JP¥180.7b | 36.0% | PE10.9x | |
| 8593 Mitsubishi HC Capital | JP¥1.06k | 6.1% +JP¥86.5b | 18.8% | PE11.9x | |
| 8439 Tokyo Century | JP¥1.52k | 7.1% +JP¥49.2b | 16.3% | PE9.7x | |
| 3769 GMO Payment Gateway | JP¥8.30k | 7.4% +JP¥43.5b | -10.9% | PE36.6x | |
| 7148 Financial Partners GroupLtd | JP¥2.33k | 16.2% +JP¥27.6b | 67.7% | PE10.7x |
