Japanese (NIKKEI) Medical Equipment Industry Analysis
UpdatedMay 21, 2022
DataAggregated Company Financials
Companies38
- 7D-0.2%
- 3M-2.0%
- 1Y-7.6%
- YTD-22.2%
Last week, the Medical Equipment industry hasn't moved much but HOYA is up 5.5% in that time. As for the longer term, the industry has declined 7.6% in the last year. Earnings are forecast to grow by 9.9% annually.
Industry Valuation and Performance
Has the Japanese Medical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 21 May 2022 | JP¥15.8t | JP¥4.6t | JP¥570.0b | 13.7x |
| Mon, 18 Apr 2022 | JP¥15.4t | JP¥4.6t | JP¥549.5b | 13.1x |
| Wed, 16 Mar 2022 | JP¥14.5t | JP¥4.6t | JP¥549.6b | 13.1x |
| Fri, 11 Feb 2022 | JP¥17.1t | JP¥4.6t | JP¥562.4b | 12.6x |
| Sun, 09 Jan 2022 | JP¥18.5t | JP¥4.5t | JP¥558.1b | 14.8x |
| Tue, 07 Dec 2021 | JP¥19.6t | JP¥4.5t | JP¥558.2b | 15.4x |
| Thu, 04 Nov 2021 | JP¥20.2t | JP¥4.4t | JP¥523.5b | 16.9x |
| Sat, 02 Oct 2021 | JP¥19.7t | JP¥4.0t | JP¥493.8b | 17.8x |
| Mon, 30 Aug 2021 | JP¥18.9t | JP¥4.0t | JP¥493.9b | 18.9x |
| Tue, 06 Jul 2021 | JP¥17.8t | JP¥4.0t | JP¥493.6b | 19.7x |
| Fri, 09 Apr 2021 | JP¥16.6t | JP¥3.8t | JP¥423.3b | 22.1x |
| Thu, 31 Dec 2020 | JP¥17.7t | JP¥3.7t | JP¥349.6b | 26.9x |
| Sun, 04 Oct 2020 | JP¥15.9t | JP¥3.7t | JP¥329.0b | 25.1x |
| Wed, 08 Jul 2020 | JP¥14.5t | JP¥3.8t | JP¥343.9b | 24.5x |
| Tue, 31 Mar 2020 | JP¥12.9t | JP¥3.9t | JP¥366.9b | 24.9x |
| Fri, 03 Jan 2020 | JP¥13.8t | JP¥3.9t | JP¥424.1b | 22.7x |
| Mon, 07 Oct 2019 | JP¥12.2t | JP¥3.9t | JP¥415.4b | 21.7x |
| Sun, 30 Jun 2019 | JP¥11.5t | JP¥3.8t | JP¥385.3b | 23.3x |
Median PE Ratio
23.1x
Current Industry PE
- Investors are more pessimistic on the industry, indicating that they anticipate long-term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 13.7x which is lower than its 3-year average PE of 21.5x.
Past Earnings Growth
- The earnings for companies in the Medical Equipment industry have grown 17% per year over the last three years.
- Revenues for these companies have grown 7.2% 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 Healthcare industry?
| JP Market | 0.71% | |
| Healthcare | 0.086% | |
| Medical Equipment | -0.18% | |
| Medical Supplies | 2.17% | |
| Medical Equipment | -1.65% | |
Industry PE
- Investors are most optimistic about the Medical Supplies industry even though it's trading below its 3-year average PE ratio of 24.5x.
- Analysts are expecting annual earnings growth of 9.0%, which is higher than its past year's earnings decline of 1.6% per year.
- Investors are most pessimistic about the Medical Equipment industry, which is trading below its 3-year average of 20.1x.
Forecasted Growth
- Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 11% over the next 5 years.
- However this is lower than its past earnings growth rate of 26% per year.
- In contrast, the Medical Supplies industry is expected to see its earnings grow by 9.0% 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 | |
|---|---|---|---|---|---|
| 7741 HOYA | JP¥13.28k | 5.5% +JP¥251.9b | -8.6% | PS29.5x | |
| 4543 Terumo | JP¥4.03k | 2.0% +JP¥61.3b | -2.2% | PS34.4x | |
| 7716 Nakanishi | JP¥2.22k | 6.5% +JP¥11.6b | -2.6% | PS18.7x | |
| 6951 JEOL | JP¥6.19k | 3.7% +JP¥11.2b | 19.3% | PS25.7x | |
| 7780 Menicon | JP¥2.58k | 5.1% +JP¥9.5b | -28.4% | PS30.2x |