Japanese (NIKKEI) Insurance Industry Analysis
- 7D-0.5%
- 3M0.4%
- 1Y12.7%
- YTD14.3%
Over the last 7 days, the Insurance industry has remained flat, although notably MS&AD Insurance Group Holdings declined by 4.8%. The past year has been better, since the industry has gained 13% in that time.
Industry Valuation and Performance
Has the Japanese Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Mon, 29 Nov 2021 | JP¥15.2t | JP¥40.2t | JP¥2.0t | 10.5x |
| Wed, 27 Oct 2021 | JP¥15.7t | JP¥39.8t | JP¥1.7t | 12.4x |
| Fri, 24 Sep 2021 | JP¥16.1t | JP¥39.8t | JP¥1.7t | 12.6x |
| Sun, 22 Aug 2021 | JP¥14.9t | JP¥39.8t | JP¥1.7t | 12x |
| Fri, 09 Jul 2021 | JP¥14.4t | JP¥39.8t | JP¥1.7t | 12.5x |
| Thu, 01 Apr 2021 | JP¥15.5t | JP¥39.6t | JP¥1.6t | 12.6x |
| Sun, 03 Jan 2021 | JP¥14.2t | JP¥38.5t | JP¥1.1t | 24.5x |
| Wed, 07 Oct 2020 | JP¥12.5t | JP¥38.6t | JP¥1.2t | 17.8x |
| Tue, 30 Jun 2020 | JP¥12.5t | JP¥39.2t | JP¥1.3t | 13.3x |
| Fri, 03 Apr 2020 | JP¥12.8t | JP¥39.7t | JP¥1.3t | 12x |
| Mon, 06 Jan 2020 | JP¥16.3t | JP¥40.9t | JP¥1.6t | 12.4x |
| Thu, 10 Oct 2019 | JP¥15.5t | JP¥40.9t | JP¥1.7t | 10.8x |
| Wed, 03 Jul 2019 | JP¥16.2t | JP¥41.5t | JP¥1.5t | 11.7x |
| Sat, 06 Apr 2019 | JP¥16.7t | JP¥41.7t | JP¥1.5t | 11.7x |
| Tue, 08 Jan 2019 | JP¥16.6t | JP¥41.0t | JP¥1.7t | 11.8x |
15.3x
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 13.8x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Insurance industry have grown 7.0% per year over the last three years, while revenues have remained mostly flat. This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the Japanese Insurance industry?
| Life and Health Insurance | 0.019% | |
| Property and Casualty Insurance | -0.96% | |
| Insurance Brokers | -1.40% | |
| General Insurance | -4.35% | |
Industry PE: Investors are most optimistic about the Insurance Brokers industry even though it's trading below its 3-year average PE ratio of 24.6x. However analysts are expecting annual earnings growth of 17%, which is lower than the prior year's growth of 47% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Life and Health Insurance industry, which is trading below its 3-year average of 7.9x.
Forecasted Growth: Analysts are most optimistic on the Insurance Brokers industry, expecting annual earnings growth of 17% over the next 5 years. However this is lower than its past earnings growth rate of 47% per year. Meanwhile, the Life and Health Insurance industry is expected to see its earnings decline by 2.1% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| 7169 NFC Holdings | 5.4%+JP¥1.2b | -41.9% | PE9.4x | |
| 8715 Anicom Holdings | 0.9%+JP¥568.8m | -28.9% | PE30.7x |