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Japanese (NIKKEI) Electrical Industry Analysis

UpdatedNov 23, 2024
DataAggregated Company Financials
Companies53
  • 7D-1.3%
  • 3M8.0%
  • 1Y28.8%
  • YTD31.2%

Over the last 7 days, the Electrical industry has dropped 1.5%, driven by Mitsubishi Electric declining 5.8%. Over the past 12 months, the industry was up 31%. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 23 Nov 2024JP¥14.3tJP¥14.0tJP¥735.3b11.7x19.5x1x
Mon, 21 Oct 2024JP¥13.4tJP¥13.9tJP¥746.6b11.5x18x1x
Wed, 18 Sep 2024JP¥12.8tJP¥13.7tJP¥733.7b10.7x17.5x0.9x
Fri, 16 Aug 2024JP¥13.0tJP¥13.9tJP¥739.8b10.8x17.5x0.9x
Sun, 14 Jul 2024JP¥14.9tJP¥13.7tJP¥744.6b12.1x20x1.1x
Tue, 11 Jun 2024JP¥14.7tJP¥13.7tJP¥744.7b12x19.8x1.1x
Thu, 09 May 2024JP¥14.9tJP¥13.6tJP¥703.7b12.6x21.1x1.1x
Sat, 06 Apr 2024JP¥13.3tJP¥13.5tJP¥631.6b12.1x21x1x
Mon, 04 Mar 2024JP¥12.9tJP¥13.5tJP¥632.0b11.6x20.5x1x
Wed, 31 Jan 2024JP¥11.9tJP¥13.6tJP¥630.4b10.7x18.8x0.9x
Fri, 29 Dec 2023JP¥11.2tJP¥13.6tJP¥604.5b10.7x18.5x0.8x
Sun, 26 Nov 2023JP¥11.5tJP¥13.8tJP¥610.4b10.1x18.8x0.8x
Tue, 24 Oct 2023JP¥11.1tJP¥13.7tJP¥605.7b10.3x18.4x0.8x
Thu, 21 Sep 2023JP¥12.0tJP¥13.7tJP¥605.8b11.1x19.9x0.9x
Sat, 19 Aug 2023JP¥11.8tJP¥13.7tJP¥603.7b10.9x19.6x0.9x
Mon, 17 Jul 2023JP¥12.5tJP¥13.5tJP¥558.1b11.5x22.3x0.9x
Wed, 14 Jun 2023JP¥12.4tJP¥13.5tJP¥556.4b11.7x22.3x0.9x
Fri, 12 May 2023JP¥11.3tJP¥13.4tJP¥574.1b11.7x19.6x0.8x
Sun, 09 Apr 2023JP¥10.3tJP¥13.1tJP¥648.5b11.3x15.9x0.8x
Tue, 07 Mar 2023JP¥10.7tJP¥13.1tJP¥648.0b10.9x16.5x0.8x
Thu, 02 Feb 2023JP¥10.3tJP¥12.8tJP¥609.1b10.5x16.9x0.8x
Sat, 31 Dec 2022JP¥9.8tJP¥12.6tJP¥628.0b10.9x15.6x0.8x
Mon, 28 Nov 2022JP¥11.4tJP¥12.6tJP¥627.6b11.6x18.2x0.9x
Wed, 26 Oct 2022JP¥10.9tJP¥12.2tJP¥602.6b10.9x18x0.9x
Fri, 23 Sep 2022JP¥11.2tJP¥12.0tJP¥591.6b11.2x19x0.9x
Sun, 21 Aug 2022JP¥12.0tJP¥12.0tJP¥591.4b11.8x20.3x1x
Tue, 19 Jul 2022JP¥11.3tJP¥11.8tJP¥599.7b10.8x18.9x1x
Thu, 16 Jun 2022JP¥10.8tJP¥11.8tJP¥600.3b10.7x17.9x0.9x
Sat, 14 May 2022JP¥10.7tJP¥11.7tJP¥578.0b10.2x18.5x0.9x
Mon, 11 Apr 2022JP¥11.1tJP¥11.6tJP¥623.3b10.9x17.8x1x
Wed, 09 Mar 2022JP¥10.9tJP¥11.6tJP¥623.4b10.2x17.5x0.9x
Fri, 04 Feb 2022JP¥11.8tJP¥11.5tJP¥619.0b11.7x19x1x
Sun, 02 Jan 2022JP¥14.2tJP¥11.4tJP¥616.9b12x23x1.2x
Tue, 30 Nov 2021JP¥13.6tJP¥11.4tJP¥616.9b12x22.1x1.2x
Price to Earnings Ratio

22.1x


Total Market Cap: JP¥13.6tTotal Earnings: JP¥616.9bTotal Revenue: JP¥11.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Electrical Industry Price to Earnings3Y Average 19.1x202220232024
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 19.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.94x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have grown 6.0% per year over the last three years.
  • Revenues for these companies have grown 7.1% 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 industry?

JP Market-0.51%
Industrials-0.84%
Electrical-1.29%
Electrical Components1.82%
Heavy Electrical Equipment-5.60%
Industry PE
  • Investors are most optimistic about the Electrical Components industry, which is trading close to its 3-year average PE ratio of 21.3x.
    • Analysts expect its future annual earnings growth (15.2%) to be largely in line with prior year's earnings growth.
  • 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 16.1x.
Forecasted Growth
  • Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 15% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Heavy Electrical Equipment industry is expected to see its earnings grow by 10% 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
5803 FujikuraJP¥5.75k4.1%
+JP¥62.1b
401.7%PE29.1x
6594 NidecJP¥2.86k1.4%
+JP¥46.0b
-1.6%PE34.5x
5801 Furukawa ElectricJP¥6.35k5.0%
+JP¥21.4b
164.0%PE20.5x
6674 GS YuasaJP¥2.81k6.9%
+JP¥18.3b
23.4%PE7.9x
5805 SWCCJP¥7.78k6.9%
+JP¥14.8b
192.3%PE25.2x
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