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Japanese (NIKKEI) Electrical Industry Analysis

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies54
  • 7D-6.6%
  • 3M-1.7%
  • 1Y8.6%
  • YTD25.2%

Over the last 7 days, the Electrical industry has dropped 6.6%, driven by a pullback from Mitsubishi Electric of 12%. This takes the industry's 12 month performance to a gain of 8.6%. 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
Fri, 26 Jul 2024JP¥13.8tJP¥13.8tJP¥736.8b11.5x18.7x1x
Sun, 23 Jun 2024JP¥14.3tJP¥13.7tJP¥744.3b12x19.2x1x
Tue, 21 May 2024JP¥15.1tJP¥13.7tJP¥743.6b12.7x20.3x1.1x
Thu, 18 Apr 2024JP¥14.1tJP¥13.5tJP¥631.3b12.4x22.3x1x
Sat, 16 Mar 2024JP¥12.9tJP¥13.5tJP¥632.0b11.8x20.4x1x
Mon, 12 Feb 2024JP¥11.7tJP¥13.5tJP¥627.2b10.9x18.7x0.9x
Wed, 10 Jan 2024JP¥11.3tJP¥13.6tJP¥604.5b10.9x18.6x0.8x
Fri, 08 Dec 2023JP¥10.9tJP¥13.6tJP¥603.7b10.5x18x0.8x
Sun, 05 Nov 2023JP¥10.9tJP¥13.8tJP¥622.2b10.5x17.5x0.8x
Tue, 03 Oct 2023JP¥11.7tJP¥13.7tJP¥605.8b11x19.3x0.8x
Thu, 31 Aug 2023JP¥12.3tJP¥13.7tJP¥604.8b11.6x20.3x0.9x
Sat, 29 Jul 2023JP¥13.0tJP¥13.5tJP¥582.5b11.9x22.3x1x
Mon, 26 Jun 2023JP¥12.5tJP¥13.5tJP¥556.5b11.9x22.4x0.9x
Wed, 24 May 2023JP¥11.7tJP¥13.5tJP¥556.8b11.6x21.1x0.9x
Fri, 21 Apr 2023JP¥10.6tJP¥13.1tJP¥648.8b11.7x16.3x0.8x
Sun, 19 Mar 2023JP¥10.1tJP¥13.1tJP¥648.5b10.7x15.6x0.8x
Tue, 14 Feb 2023JP¥10.5tJP¥13.1tJP¥647.8b10.9x16.2x0.8x
Thu, 12 Jan 2023JP¥9.9tJP¥12.6tJP¥628.0b10.9x15.8x0.8x
Sat, 10 Dec 2022JP¥10.8tJP¥12.6tJP¥627.5b11.2x17.2x0.9x
Mon, 07 Nov 2022JP¥10.5tJP¥12.5tJP¥615.2b10.6x17.1x0.8x
Wed, 05 Oct 2022JP¥10.8tJP¥12.0tJP¥591.6b11.3x18.2x0.9x
Fri, 02 Sep 2022JP¥11.3tJP¥12.0tJP¥591.4b11.9x19.1x0.9x
Sun, 31 Jul 2022JP¥11.4tJP¥11.9tJP¥582.9b10.9x19.6x1x
Tue, 28 Jun 2022JP¥11.2tJP¥11.8tJP¥601.5b11x18.5x0.9x
Thu, 26 May 2022JP¥10.7tJP¥11.8tJP¥600.1b11x17.9x0.9x
Sat, 23 Apr 2022JP¥11.0tJP¥11.7tJP¥621.2b10.4x17.7x0.9x
Mon, 21 Mar 2022JP¥11.6tJP¥11.6tJP¥623.3b11.7x18.6x1x
Wed, 16 Feb 2022JP¥12.0tJP¥11.6tJP¥624.4b10.7x19.2x1x
Fri, 14 Jan 2022JP¥13.7tJP¥11.4tJP¥616.8b12x22.2x1.2x
Sun, 12 Dec 2021JP¥14.2tJP¥11.4tJP¥617.0b11.7x23x1.2x
Tue, 09 Nov 2021JP¥14.1tJP¥11.4tJP¥610.0b12.2x23.1x1.2x
Thu, 07 Oct 2021JP¥12.8tJP¥11.2tJP¥564.5b12.3x22.6x1.1x
Sat, 04 Sep 2021JP¥13.9tJP¥11.2tJP¥564.8b13.3x24.6x1.2x
Mon, 02 Aug 2021JP¥13.7tJP¥11.2tJP¥564.8b13.2x24.3x1.2x
Price to Earnings Ratio

24.3x


Total Market Cap: JP¥13.7tTotal Earnings: JP¥564.8bTotal Revenue: JP¥11.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Electrical Industry Price to Earnings3Y Average 19.7x202220232024
Current Industry PE
  • Investors are relatively neutral on the Japanese Electrical industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 19.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.96x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have grown 9.3% per year over the last three years.
  • Revenues for these companies have grown 7.0% 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 Market-5.18%
Industrials-6.68%
Electrical-6.59%
Electrical Components-3.99%
Heavy Electrical Equipment-10.18%
Industry PE
  • Investors are most optimistic about the Electrical Components industry even though it's trading below its 3-year average PE ratio of 22.8x.
    • Analysts are expecting annual earnings growth of 13.2%, which is lower than the prior year's growth of 23.8% 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 15.7x.
Forecasted Growth
  • Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 13% over the next 5 years.
  • However this is lower than its past earnings growth rate of 24% per year.
  • In contrast, the Heavy Electrical Equipment industry is expected to see its earnings grow by 9.2% 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
5809 TATSUTA Electric Wire and CableJP¥743.001.8%
+JP¥803.1m		4.4%PE26x
6648 KawadenJP¥2.74k2.4%
+JP¥204.7m		50.5%n/a
7565 ManseiJP¥3.71k1.9%
+JP¥160.1m		19.5%PE7.9x
6513 Origin CompanyJP¥1.32k1.8%
+JP¥132.1m		1.8%PS0.3x
5983 IwabuchiJP¥7.15k1.3%
+JP¥96.6m		37.0%PE11.4x
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