Terumo Corporation Just Beat EPS By 12%: Here's What Analysts Think Will Happen Next
Aug 11
Japanese (NIKKEI) Medical Equipment Industry Analysis
UpdatedAug 11, 2024
DataAggregated Company Financials
Companies40
- 7D6.2%
- 3M1.5%
- 1Y12.7%
- YTD8.1%
Over the last 7 days, the Medical Equipment industry has risen 6.2%, driven by gains from HOYA of 12%. During this same period, the Nihon Kohden underperformed, falling 15%. In the last 12 months, the industry was up 13%. Earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the Japanese Medical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 11 Aug 2024 | JP¥17.9t | JP¥5.4t | JP¥511.1b | 14.6x | 35.1x | 3.3x |
| Tue, 09 Jul 2024 | JP¥18.5t | JP¥5.3t | JP¥491.8b | 15.3x | 37.7x | 3.5x |
| Thu, 06 Jun 2024 | JP¥18.5t | JP¥5.4t | JP¥513.4b | 15.6x | 36.1x | 3.4x |
| Sat, 04 May 2024 | JP¥17.9t | JP¥5.3t | JP¥485.3b | 18.6x | 36.8x | 3.4x |
| Mon, 01 Apr 2024 | JP¥18.2t | JP¥5.3t | JP¥485.2b | 17.6x | 37.5x | 3.4x |
| Wed, 28 Feb 2024 | JP¥18.7t | JP¥5.3t | JP¥485.2b | 16.6x | 38.6x | 3.5x |
| Fri, 26 Jan 2024 | JP¥18.2t | JP¥5.2t | JP¥509.6b | 19x | 35.7x | 3.5x |
| Sun, 24 Dec 2023 | JP¥16.9t | JP¥5.2t | JP¥510.0b | 17.2x | 33.1x | 3.2x |
| Tue, 21 Nov 2023 | JP¥17.0t | JP¥5.2t | JP¥510.3b | 17.7x | 33.3x | 3.2x |
| Thu, 19 Oct 2023 | JP¥15.4t | JP¥5.1t | JP¥563.7b | 16.8x | 27.4x | 3x |
| Sat, 16 Sep 2023 | JP¥16.5t | JP¥5.1t | JP¥563.4b | 17.5x | 29.3x | 3.2x |
| Mon, 14 Aug 2023 | JP¥16.5t | JP¥5.1t | JP¥564.2b | 17x | 29.2x | 3.2x |
| Wed, 12 Jul 2023 | JP¥16.8t | JP¥5.1t | JP¥582.9b | 16.7x | 28.9x | 3.3x |
| Fri, 09 Jun 2023 | JP¥17.1t | JP¥5.1t | JP¥583.3b | 16.7x | 29.4x | 3.4x |
| Sun, 07 May 2023 | JP¥16.4t | JP¥5.1t | JP¥558.5b | 17.5x | 29.3x | 3.2x |
| Tue, 04 Apr 2023 | JP¥15.7t | JP¥5.1t | JP¥559.2b | 16.9x | 28.1x | 3.1x |
| Thu, 02 Mar 2023 | JP¥14.8t | JP¥5.1t | JP¥559.2b | 17.1x | 26.5x | 2.9x |
| Sat, 28 Jan 2023 | JP¥15.7t | JP¥4.9t | JP¥551.3b | 15x | 28.5x | 3.2x |
| Mon, 26 Dec 2022 | JP¥15.1t | JP¥4.9t | JP¥551.5b | 14.9x | 27.3x | 3x |
| Wed, 23 Nov 2022 | JP¥16.8t | JP¥4.9t | JP¥551.1b | 15.6x | 30.5x | 3.4x |
| Fri, 21 Oct 2022 | JP¥17.2t | JP¥4.8t | JP¥540.9b | 15.1x | 31.7x | 3.6x |
| Sun, 18 Sep 2022 | JP¥17.2t | JP¥4.8t | JP¥540.3b | 14.7x | 31.9x | 3.6x |
| Tue, 16 Aug 2022 | JP¥17.8t | JP¥4.8t | JP¥540.3b | 15.4x | 32.9x | 3.7x |
| Thu, 14 Jul 2022 | JP¥16.0t | JP¥4.7t | JP¥545.5b | 14.7x | 29.3x | 3.4x |
| Sat, 11 Jun 2022 | JP¥16.1t | JP¥4.7t | JP¥544.7b | 14.3x | 29.6x | 3.4x |
| Mon, 09 May 2022 | JP¥15.3t | JP¥4.6t | JP¥550.2b | 13.2x | 27.8x | 3.3x |
| Wed, 06 Apr 2022 | JP¥16.4t | JP¥4.6t | JP¥549.6b | 13.7x | 29.8x | 3.6x |
| Fri, 04 Mar 2022 | JP¥15.9t | JP¥4.6t | JP¥549.6b | 13.4x | 29x | 3.5x |
| Sun, 30 Jan 2022 | JP¥16.5t | JP¥4.5t | JP¥558.4b | 12.7x | 29.5x | 3.7x |
| Tue, 28 Dec 2021 | JP¥19.7t | JP¥4.5t | JP¥558.2b | 14.3x | 35.3x | 4.4x |
| Thu, 25 Nov 2021 | JP¥20.6t | JP¥4.5t | JP¥558.2b | 15.8x | 36.9x | 4.6x |
| Sat, 23 Oct 2021 | JP¥20.2t | JP¥4.3t | JP¥509.9b | 17.6x | 39.6x | 4.6x |
| Mon, 20 Sep 2021 | JP¥21.0t | JP¥4.0t | JP¥493.8b | 18.3x | 42.6x | 5.2x |
| Wed, 18 Aug 2021 | JP¥18.5t | JP¥4.0t | JP¥493.9b | 18.4x | 37.4x | 4.6x |
Price to Earnings Ratio
37.4x
Current Industry PE
- Investors are optimistic on the Japanese Medical Equipment industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 35.1x which is higher than its 3-year average PE of 32.1x.
- The industry is trading close to its 3-year average PS ratio of 3.5x.
Past Earnings Growth
- The earnings for companies in the Medical Equipment industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 10% 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.
Industry Trends
Which industries have driven the changes within the Japanese Healthcare industry?
| JP Market | -2.14% | |
| Healthcare | 0.32% | |
| Medical Equipment | 6.24% | |
| Medical Supplies | 9.37% | |
| Medical Equipment | 3.66% | |
Industry PE
- Investors are most optimistic about the Medical Equipment industry which is trading above its 3-year average PE ratio of 30.9x.
- Analysts are expecting annual earnings growth of 15.6%, which is higher than its past year's earnings growth of 5.3% per year.
- Investors are most pessimistic about the Medical Supplies industry, which is trading close to its 3-year average of 34.0x.
Forecasted Growth
- Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 16% over the next 5 years.
- This is better than its past earnings growth rate of 5.3% per year.
- In contrast, the Medical Supplies industry is expected to see its earnings grow by 11% 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¥19.70k | 12.0% +JP¥734.7b | 20.2% | PE36x | |
| 4543 Terumo | JP¥2.61k | 5.9% +JP¥217.8b | 19.8% | PE32.9x | |
| 6869 Sysmex | JP¥2.62k | 9.3% +JP¥138.7b | 0.3% | PE31.4x | |
| 6960 Fukuda Denshi | JP¥7.15k | 6.6% +JP¥12.7b | 38.8% | PE11.3x | |
| 6523 PHC Holdings | JP¥1.15k | 8.2% +JP¥11.0b | -21.4% | PS0.4x |
