Japanese (NIKKEI) Industrials Sector Analysis
UpdatedDec 03, 2022
DataAggregated Company Financials
Companies1018
- 7D-3.0%
- 3M0.8%
- 1Y-2.0%
- YTD-4.8%
Over the last 7 days, the Industrials industry has dropped 3.0%, driven by pullbacks in Mitsui and Mitsubishi of 5.6% and 5.4%, respectively. In contrast, Makita has gained 6.9%. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 5.6% per annum.
Sector Valuation and Performance
Has the Japanese Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 03 Dec 2022 | JP¥157.2t | JP¥249.3t | JP¥15.8t | 10.6x | 9.9x | 0.6x |
| Mon, 31 Oct 2022 | JP¥152.0t | JP¥239.5t | JP¥14.4t | 10.5x | 10.5x | 0.6x |
| Wed, 28 Sep 2022 | JP¥151.6t | JP¥237.5t | JP¥14.5t | 10.4x | 10.5x | 0.6x |
| Fri, 26 Aug 2022 | JP¥160.8t | JP¥237.5t | JP¥14.5t | 10.9x | 11.1x | 0.7x |
| Sun, 24 Jul 2022 | JP¥156.2t | JP¥227.9t | JP¥12.8t | 11x | 12.2x | 0.7x |
| Tue, 21 Jun 2022 | JP¥145.2t | JP¥227.8t | JP¥12.8t | 10.5x | 11.3x | 0.6x |
| Thu, 19 May 2022 | JP¥151.4t | JP¥227.2t | JP¥12.8t | 10.7x | 11.8x | 0.7x |
| Sat, 16 Apr 2022 | JP¥153.2t | JP¥220.1t | JP¥10.8t | 11.1x | 14.1x | 0.7x |
| Mon, 14 Mar 2022 | JP¥148.6t | JP¥222.4t | JP¥10.9t | 10.7x | 13.6x | 0.7x |
| Wed, 09 Feb 2022 | JP¥156.7t | JP¥222.0t | JP¥10.6t | 11x | 14.7x | 0.7x |
| Fri, 07 Jan 2022 | JP¥168.8t | JP¥214.7t | JP¥8.9t | 10.7x | 18.9x | 0.8x |
| Sun, 05 Dec 2021 | JP¥162.6t | JP¥212.5t | JP¥8.9t | 11.4x | 18.3x | 0.8x |
| Tue, 02 Nov 2021 | JP¥167.9t | JP¥206.7t | JP¥7.3t | 12.6x | 23x | 0.8x |
| Thu, 30 Sep 2021 | JP¥164.9t | JP¥205.1t | JP¥6.7t | 12.9x | 24.8x | 0.8x |
| Sat, 28 Aug 2021 | JP¥157.7t | JP¥205.7t | JP¥6.7t | 12.7x | 23.6x | 0.8x |
| Sun, 04 Jul 2021 | JP¥156.3t | JP¥205.7t | JP¥6.7t | 12.6x | 23.4x | 0.8x |
| Wed, 07 Apr 2021 | JP¥157.5t | JP¥196.7t | JP¥4.4t | 13.9x | 36x | 0.8x |
| Sat, 09 Jan 2021 | JP¥143.4t | JP¥193.2t | JP¥3.6t | 13.8x | 39.5x | 0.7x |
| Fri, 02 Oct 2020 | JP¥129.4t | JP¥198.8t | JP¥4.0t | 13.4x | 32.1x | 0.7x |
| Mon, 06 Jul 2020 | JP¥121.8t | JP¥207.0t | JP¥5.5t | 12.3x | 22.1x | 0.6x |
| Thu, 09 Apr 2020 | JP¥108.5t | JP¥217.1t | JP¥7.4t | 10.5x | 14.7x | 0.5x |
| Wed, 01 Jan 2020 | JP¥140.4t | JP¥218.5t | JP¥8.8t | 13.3x | 16x | 0.6x |
Price to Earnings Ratio
15.5x
Current Industry PE
- Investors are pessimistic on the Japanese Industrials 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 9.9x which is lower than its 3-year average PE of 21.6x.
- The industry is trading close to its 3-year average PS ratio of 0.68x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have grown 21% per year over the last three years.
- Revenues for these companies have grown 4.1% 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 Industrials sector?
| JP Market | -3.01% | |
| Industrials | -3.05% | |
| Marine and Shipping | 1.65% | |
| Airlines | -1.46% | |
| Transportation | -1.93% | |
| Logistics | -1.99% | |
| Professional Services | -1.99% | |
| Building | -2.03% | |
| Infrastructure | -2.19% | |
| Machinery | -2.95% | |
| Commercial Services | -3.49% | |
| Electrical | -3.59% | |
| Industrials | -3.71% | |
| Construction | -4.12% | |
| Trade Distributors | -4.60% | |
| Aerospace & Defense | -4.75% | |
Industry PE
- Investors are most optimistic about the Professional Services industry even though it's trading below its 3-year average PE ratio of 37.6x.
- Analysts are expecting annual earnings growth of 18.0%, which is lower than the prior year's growth of 20.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Aerospace & Defense industry, expecting annual earnings growth of 77% over the next 5 years.
- In contrast, the Marine and Shipping industry is expected to see its earnings decline by 56% 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 | |
|---|---|---|---|---|---|
| 6586 Makita | JP¥3.27k | 6.9% +JP¥57.0b | -35.4% | PE23.3x | |
| 9101 Nippon Yusen Kabushiki Kaisha | JP¥3.04k | 3.2% +JP¥47.5b | 11.8% | PE1.2x | |
| 4194 Visional | JP¥10.88k | 9.3% +JP¥35.8b | 31.1% | PE71.5x | |
| 9104 Mitsui O.S.K. Lines | JP¥3.34k | 2.8% +JP¥32.5b | 31.5% | PE1.2x | |
| 7013 IHI | JP¥3.65k | 4.7% +JP¥25.0b | 60.9% | PE7.7x |