Calculating The Fair Value Of Japan Airlines Co., Ltd. (TSE:9201)
Apr 11
Japanese (NIKKEI) Airlines Industry Analysis
UpdatedApr 27, 2024
DataAggregated Company Financials
Companies4
- 7D2.9%
- 3M-1.4%
- 1Y5.5%
- YTDn/a
Over the last 7 days, the Airlines industry has risen 3.0%, driven by gains from Japan Airlines of 0.1%. This means that the industry has gained 6.8% over the past year. Looking forward, earnings are forecast to grow by 2.5% annually.
Industry Valuation and Performance
Has the Japanese Airlines Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 28 Apr 2024 | JP¥2.7t | JP¥3.8t | JP¥288.3b | 8.7x | 9.5x | 0.7x |
| Tue, 26 Mar 2024 | JP¥2.9t | JP¥3.8t | JP¥288.3b | 9.5x | 9.9x | 0.8x |
| Thu, 22 Feb 2024 | JP¥2.8t | JP¥3.8t | JP¥288.3b | 8.8x | 9.7x | 0.7x |
| Sat, 20 Jan 2024 | JP¥2.8t | JP¥3.6t | JP¥268.8b | 9.2x | 10.3x | 0.8x |
| Mon, 18 Dec 2023 | JP¥2.8t | JP¥3.6t | JP¥268.8b | 9.2x | 10.2x | 0.8x |
| Wed, 15 Nov 2023 | JP¥2.7t | JP¥3.6t | JP¥265.9b | 10.7x | 10.3x | 0.8x |
| Fri, 13 Oct 2023 | JP¥2.7t | JP¥3.4t | JP¥199.2b | 16x | 13.7x | 0.8x |
| Sun, 10 Sep 2023 | JP¥2.9t | JP¥3.4t | JP¥199.2b | 16.8x | 14.6x | 0.8x |
| Tue, 08 Aug 2023 | JP¥2.9t | JP¥3.5t | JP¥201.6b | 12.9x | 14.5x | 0.8x |
| Thu, 06 Jul 2023 | JP¥3.0t | JP¥3.2t | JP¥129.7b | 28.8x | 23.5x | 1x |
| Sat, 03 Jun 2023 | JP¥2.7t | JP¥3.2t | JP¥129.7b | 25.4x | 21x | 0.8x |
| Mon, 01 May 2023 | JP¥2.6t | JP¥3.0t | JP¥49.9b | 72.9x | 52x | 0.9x |
| Wed, 29 Mar 2023 | JP¥2.5t | JP¥2.8t | -JP¥20,620,000,000.00 | 60.8x | -121.6x | 0.9x |
| Fri, 24 Feb 2023 | JP¥2.5t | JP¥2.8t | -JP¥20,620,000,000.00 | 59.5x | -119.8x | 0.9x |
| Sun, 22 Jan 2023 | JP¥2.6t | JP¥2.5t | -JP¥111,264,000,000.00 | n/a | -23.5x | 1.1x |
| Tue, 20 Dec 2022 | JP¥2.6t | JP¥2.5t | -JP¥111,264,000,000.00 | n/a | -23.5x | 1.1x |
| Thu, 17 Nov 2022 | JP¥2.4t | JP¥2.4t | -JP¥104,535,000,000.00 | n/a | -23.4x | 1x |
| Sat, 15 Oct 2022 | JP¥2.5t | JP¥2.0t | -JP¥235,479,000,000.00 | n/a | -10.7x | 1.3x |
| Mon, 12 Sep 2022 | JP¥2.4t | JP¥2.0t | -JP¥235,479,000,000.00 | n/a | -10x | 1.2x |
| Wed, 10 Aug 2022 | JP¥2.3t | JP¥2.0t | -JP¥235,479,000,000.00 | n/a | -9.6x | 1.1x |
| Fri, 08 Jul 2022 | JP¥2.1t | JP¥1.7t | -JP¥326,165,000,000.00 | n/a | -6.4x | 1.2x |
| Sun, 05 Jun 2022 | JP¥2.2t | JP¥1.7t | -JP¥326,165,000,000.00 | n/a | -6.8x | 1.3x |
| Tue, 03 May 2022 | JP¥2.1t | JP¥1.7t | -JP¥350,907,000,000.00 | n/a | -6.1x | 1.3x |
| Thu, 31 Mar 2022 | JP¥2.2t | JP¥1.6t | -JP¥405,793,000,000.00 | n/a | -5.5x | 1.4x |
| Sat, 26 Feb 2022 | JP¥2.1t | JP¥1.6t | -JP¥405,793,000,000.00 | n/a | -5.2x | 1.3x |
| Mon, 24 Jan 2022 | JP¥2.1t | JP¥1.5t | -JP¥551,765,000,000.00 | n/a | -3.9x | 1.5x |
| Wed, 22 Dec 2021 | JP¥2.0t | JP¥1.5t | -JP¥551,765,000,000.00 | n/a | -3.6x | 1.4x |
| Fri, 19 Nov 2021 | JP¥2.4t | JP¥1.5t | -JP¥551,765,000,000.00 | n/a | -4.3x | 1.6x |
| Sun, 17 Oct 2021 | JP¥2.4t | JP¥1.4t | -JP¥605,762,000,000.00 | n/a | -3.9x | 1.7x |
| Tue, 14 Sep 2021 | JP¥2.3t | JP¥1.4t | -JP¥605,762,000,000.00 | n/a | -3.8x | 1.7x |
| Thu, 12 Aug 2021 | JP¥2.2t | JP¥1.4t | -JP¥605,762,000,000.00 | n/a | -3.7x | 1.6x |
| Mon, 07 Jun 2021 | JP¥2.3t | JP¥1.2t | -JP¥701,402,000,000.00 | n/a | -3.3x | 1.9x |
Price to Earnings Ratio
-3.1x
Current Industry PE
- Investors are pessimistic on the Japanese Airlines 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 9.6x which is higher than its 3-year average PE of -9.5x.
- The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.74x.
Past Earnings Growth
- Total earnings for the Airlines industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 45% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Japanese Airlines compare with similar industries?
| JP Market | 2.20% | |
| Industrials | 3.06% | |
| Airlines | 2.93% | |
| Airlines | 2.93% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 9202 ANA Holdings | JP¥3.06k | 3.4% +JP¥47.8b | 3.5% | PE9.2x | |
| 9201 Japan Airlines | JP¥2.84k | 2.4% +JP¥28.8b | 9.9% | PE11.9x | |
| 9204 Skymark Airlines | JP¥952.00 | 2.8% +JP¥1.5b | -22.9% | PE7.5x |