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Japanese (NIKKEI) Electrical Industry Analysis

UpdatedMay 01, 2024
DataAggregated Company Financials
Companies54
  • 7D8.8%
  • 3M28.5%
  • 1Y40.5%
  • YTD36.4%

In the last week, the Electrical industry is up 8.8%, with Mitsubishi Electric up 15%. During this same period, the Fuji Electric underperformed, falling 6.2%. This means that the industry has gained 41% over the past year. Earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

Has the Japanese Electrical Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 02 May 2024JP¥15.0tJP¥13.6tJP¥677.5b12.6x22.1x1.1x
Sat, 30 Mar 2024JP¥13.7tJP¥13.5tJP¥631.6b12.5x21.7x1x
Mon, 26 Feb 2024JP¥12.7tJP¥13.5tJP¥630.8b11.5x20.1x0.9x
Wed, 24 Jan 2024JP¥12.0tJP¥13.6tJP¥604.9b10.8x19.9x0.9x
Fri, 22 Dec 2023JP¥11.1tJP¥13.6tJP¥603.7b10.6x18.3x0.8x
Sun, 19 Nov 2023JP¥11.3tJP¥13.8tJP¥610.4b10.5x18.5x0.8x
Tue, 17 Oct 2023JP¥11.6tJP¥13.7tJP¥605.7b10.9x19.2x0.8x
Thu, 14 Sep 2023JP¥12.1tJP¥13.7tJP¥604.7b11.4x19.9x0.9x
Sat, 12 Aug 2023JP¥12.4tJP¥13.7tJP¥599.4b11.2x20.7x0.9x
Mon, 10 Jul 2023JP¥12.4tJP¥13.5tJP¥556.5b11.7x22.2x0.9x
Wed, 07 Jun 2023JP¥12.2tJP¥13.5tJP¥556.4b11.5x22x0.9x
Fri, 05 May 2023JP¥11.0tJP¥13.3tJP¥574.1b11.9x19.2x0.8x
Sun, 02 Apr 2023JP¥10.6tJP¥13.1tJP¥648.5b11.6x16.4x0.8x
Tue, 28 Feb 2023JP¥10.5tJP¥13.1tJP¥648.0b11x16.2x0.8x
Thu, 26 Jan 2023JP¥10.4tJP¥12.7tJP¥613.6b11.3x17x0.8x
Sat, 24 Dec 2022JP¥9.9tJP¥12.6tJP¥628.0b11x15.7x0.8x
Mon, 21 Nov 2022JP¥11.2tJP¥12.6tJP¥627.6b11.2x17.9x0.9x
Wed, 19 Oct 2022JP¥10.5tJP¥12.0tJP¥591.7b10.8x17.7x0.9x
Fri, 16 Sep 2022JP¥11.4tJP¥12.0tJP¥591.5b11.4x19.3x0.9x
Sun, 14 Aug 2022JP¥11.9tJP¥12.0tJP¥588.7b11.8x20.2x1x
Tue, 12 Jul 2022JP¥11.4tJP¥11.8tJP¥601.5b10.4x18.9x1x
Thu, 09 Jun 2022JP¥11.2tJP¥11.8tJP¥600.3b10.7x18.7x1x
Sat, 07 May 2022JP¥10.6tJP¥11.7tJP¥575.2b10.4x18.5x0.9x
Mon, 04 Apr 2022JP¥11.6tJP¥11.6tJP¥623.3b11.4x18.6x1x
Wed, 02 Mar 2022JP¥11.9tJP¥11.6tJP¥623.4b11.1x19.1x1x
Fri, 28 Jan 2022JP¥11.5tJP¥11.4tJP¥616.7b10.8x18.6x1x
Sun, 26 Dec 2021JP¥14.2tJP¥11.4tJP¥616.9b11.5x23x1.2x
Tue, 23 Nov 2021JP¥14.2tJP¥11.4tJP¥616.9b12.1x23x1.2x
Thu, 21 Oct 2021JP¥13.9tJP¥11.2tJP¥564.3b13x24.7x1.2x
Sat, 18 Sep 2021JP¥14.7tJP¥11.2tJP¥564.5b14.1x26x1.3x
Mon, 16 Aug 2021JP¥13.4tJP¥11.2tJP¥564.8b12.6x23.7x1.2x
Mon, 31 May 2021JP¥14.0tJP¥10.7tJP¥471.2b15.9x29.8x1.3x
Price to Earnings Ratio

29.9x


Total Market Cap: JP¥14.1tTotal Earnings: JP¥471.5bTotal Revenue: JP¥10.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Electrical Industry Price to Earnings3Y Average 20.1x202220232024
Current Industry PE
  • Investors are optimistic on the Japanese Electrical industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 22.1x which is higher than its 3-year average PE of 20.1x.
  • The 3-year average PS ratio of 0.97x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have grown 13% per year over the last three years.
  • Revenues for these companies have grown 8.3% 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 industry?

JP Market2.54%
Industrials4.50%
Electrical8.82%
Heavy Electrical Equipment13.83%
Electrical Components5.59%
Industry PE
  • Investors are most optimistic about the Electrical Components industry, which is trading close to its 3-year average PE ratio of 23.8x.
    • Analysts are expecting annual earnings growth of 12.3%, which is lower than the prior year's growth of 26.8% per year.
  • Investors are most pessimistic about the Heavy Electrical Equipment industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 15.5x.
Forecasted Growth
  • Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 12% over the next 5 years.
  • However this is lower than its past earnings growth rate of 27% per year.
  • In contrast, the Heavy Electrical Equipment 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?

CompanyLast Price7D1YValuation
6503 Mitsubishi ElectricJP¥2.85k14.5%
+JP¥755.9b		65.3%PE20.9x
6594 NidecJP¥7.42k9.2%
+JP¥359.1b		8.9%PE34x
5803 FujikuraJP¥2.75k2.3%
+JP¥17.2b		197.2%PE25.1x
6925 UshioJP¥2.09k3.4%
+JP¥7.0b		20.1%PE20.8x
6517 DenyoJP¥2.58k13.3%
+JP¥6.2b		35.4%PE11.9x
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