Has the Japanese Industrials Sector valuation changed over the past few years?
|Fri, 03 Dec 2021||JP¥159.8t||JP¥212.5t||JP¥8.9t||11.3x|
|Sun, 31 Oct 2021||JP¥164.3t||JP¥206.0t||JP¥7.0t||12.4x|
|Tue, 28 Sep 2021||JP¥169.3t||JP¥205.1t||JP¥6.7t||13.1x|
|Thu, 26 Aug 2021||JP¥158.3t||JP¥205.7t||JP¥6.7t||12.8x|
|Fri, 02 Jul 2021||JP¥156.3t||JP¥205.7t||JP¥6.7t||12.6x|
|Mon, 05 Apr 2021||JP¥157.5t||JP¥196.7t||JP¥4.4t||13.9x|
|Thu, 07 Jan 2021||JP¥143.4t||JP¥193.2t||JP¥3.6t||13.8x|
|Wed, 30 Sep 2020||JP¥129.4t||JP¥198.8t||JP¥4.0t||13.4x|
|Sat, 04 Jul 2020||JP¥121.8t||JP¥207.0t||JP¥5.5t||12.3x|
|Tue, 07 Apr 2020||JP¥108.5t||JP¥217.1t||JP¥7.4t||10.5x|
|Fri, 10 Jan 2020||JP¥140.4t||JP¥218.5t||JP¥8.8t||13.3x|
|Thu, 03 Oct 2019||JP¥129.5t||JP¥221.2t||JP¥9.0t||11.7x|
|Sun, 07 Jul 2019||JP¥129.5t||JP¥220.4t||JP¥9.2t||11.9x|
|Wed, 10 Apr 2019||JP¥131.6t||JP¥220.2t||JP¥9.5t||11.6x|
|Tue, 01 Jan 2019||JP¥120.9t||JP¥213.6t||JP¥9.3t||11.3x|
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 12.4x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Industrials industry have declined 2.6% per year over the last three years, while revenues have remained mostly flat. This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Which industries have driven the changes within the Japanese Industrials sector?
|Marine and Shipping||9.27%|
|Aerospace & Defense||-13.93%|
Industry PE: Investors are most optimistic about the Trade Distributors industry which is trading above its 3-year average PE ratio of 10.0x. However analysts are expecting annual earnings decline of 2.5%, which is lower than the prior year's growth of 27% per year. So the market might believe that analysts are underestimating future growth or they expect the Trade Distributors industry's earnings to deteriorate the least compared to other industries. Meanwhile, investors are most pessimistic about the Professional Services industry, which is trading below its 3-year average of 21.2x.
Forecasted Growth: Analysts are most optimistic on the Airlines industry, expecting annual earnings growth of 64% over the next 5 years. Meanwhile, the Marine and Shipping industry is expected to see its earnings decline by 38% per year over the next few years.
Which companies have driven the market over the last 7 days?
Kawasaki Kisen Kaisha
Mitsui O.S.K. Lines
Nippon Yusen Kabushiki Kaisha
East Japan Railway
Central Japan Railway