Japanese (NIKKEI) Electrical Industry Analysis
UpdatedJun 02, 2023
DataAggregated Company Financials
Companies57
- 7D-0.2%
- 3M10.0%
- 1Y3.4%
- YTD20.1%
Over the last 7 days, the Electrical industry has dropped 1.1%, driven by a pullback from Nidec of 4.3%. 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 15% per annum.
Industry Valuation and Performance
Has the Japanese Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 02 Jun 2023 | JP¥11.6t | JP¥13.5t | JP¥556.4b | 11x | 20.8x | 0.9x |
| Sun, 30 Apr 2023 | JP¥10.8t | JP¥13.3t | JP¥574.1b | 11.3x | 18.9x | 0.8x |
| Tue, 28 Mar 2023 | JP¥10.5t | JP¥13.1t | JP¥648.5b | 11.3x | 16.1x | 0.8x |
| Thu, 23 Feb 2023 | JP¥10.4t | JP¥13.1t | JP¥648.0b | 10.8x | 16x | 0.8x |
| Sat, 21 Jan 2023 | JP¥10.0t | JP¥12.6t | JP¥627.7b | 10.7x | 16x | 0.8x |
| Mon, 19 Dec 2022 | JP¥10.5t | JP¥12.6t | JP¥627.5b | 11.1x | 16.8x | 0.8x |
| Wed, 16 Nov 2022 | JP¥11.3t | JP¥12.6t | JP¥629.0b | 11.2x | 18x | 0.9x |
| Fri, 14 Oct 2022 | JP¥10.1t | JP¥12.0t | JP¥591.6b | 10.7x | 17.1x | 0.8x |
| Sun, 11 Sep 2022 | JP¥11.6t | JP¥12.0t | JP¥591.5b | 11.8x | 19.5x | 1x |
| Tue, 09 Aug 2022 | JP¥11.8t | JP¥12.0t | JP¥586.4b | 11.2x | 20.1x | 1x |
| Thu, 07 Jul 2022 | JP¥10.9t | JP¥11.8t | JP¥601.5b | 10.6x | 18.2x | 0.9x |
| Sat, 04 Jun 2022 | JP¥11.3t | JP¥11.8t | JP¥600.3b | 10.9x | 18.8x | 1x |
| Mon, 02 May 2022 | JP¥10.7t | JP¥11.7t | JP¥575.2b | 10.3x | 18.7x | 0.9x |
| Wed, 30 Mar 2022 | JP¥12.0t | JP¥11.6t | JP¥623.3b | 11.9x | 19.2x | 1x |
| Fri, 25 Feb 2022 | JP¥11.5t | JP¥11.6t | JP¥623.4b | 10.2x | 18.5x | 1x |
| Sun, 23 Jan 2022 | JP¥12.9t | JP¥11.4t | JP¥616.7b | 10.9x | 20.8x | 1.1x |
| Tue, 21 Dec 2021 | JP¥13.9t | JP¥11.4t | JP¥616.9b | 11.2x | 22.5x | 1.2x |
| Thu, 18 Nov 2021 | JP¥14.3t | JP¥11.4t | JP¥616.2b | 11.9x | 23.2x | 1.3x |
| Sat, 16 Oct 2021 | JP¥13.7t | JP¥11.2t | JP¥564.3b | 12.8x | 24.3x | 1.2x |
| Mon, 13 Sep 2021 | JP¥14.4t | JP¥11.2t | JP¥564.5b | 13.9x | 25.5x | 1.3x |
| Wed, 11 Aug 2021 | JP¥14.0t | JP¥11.2t | JP¥564.8b | 13.3x | 24.9x | 1.3x |
| Sun, 06 Jun 2021 | JP¥14.0t | JP¥10.7t | JP¥471.2b | 15.9x | 29.8x | 1.3x |
| Wed, 10 Mar 2021 | JP¥14.2t | JP¥10.5t | JP¥339.3b | 14x | 41.8x | 1.3x |
| Tue, 01 Dec 2020 | JP¥13.8t | JP¥10.5t | JP¥346.0b | 13.7x | 39.8x | 1.3x |
| Fri, 04 Sep 2020 | JP¥10.7t | JP¥10.8t | JP¥379.8b | 12.3x | 28.2x | 1x |
| Mon, 08 Jun 2020 | JP¥9.2t | JP¥11.2t | JP¥413.6b | 13.2x | 22.3x | 0.8x |
Price to Earnings Ratio
22.3x
Current Industry PE
- Investors are pessimistic on the Japanese Electrical 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 20.6x which is lower than its 3-year average PE of 24.4x.
- The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.85x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have grown 10% per year over the last three years.
- Revenues for these companies have grown 6.5% 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 | 0.063% | |
| Industrials | -0.29% | |
| Electrical | -0.21% | |
| Heavy Electrical Equipment | 3.76% | |
| Electrical Components | -2.56% | |
Industry PE
- Investors are most optimistic about the Electrical Components industry even though it's trading below its 3-year average PE ratio of 33.9x.
- Analysts are expecting annual earnings growth of 18.0%, which is higher than its past year's earnings growth of 8.2% 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 18% over the next 5 years.
- This is better than its past earnings growth rate of 8.2% per year.
- 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 6503 Mitsubishi Electric | JP¥1.85k | 3.6% +JP¥134.1b | 27.7% | PE18.2x | |
| 3856 Abalance | JP¥10.57k | 19.7% +JP¥30.2b | 877.2% | PE42.3x | |
| 5803 Fujikura | JP¥1.11k | 5.1% +JP¥14.9b | 37.8% | PE7.6x | |
| 6651 Nitto Kogyo | JP¥3.42k | 7.9% +JP¥9.5b | 48.9% | PE23.7x | |
| 6925 Ushio | JP¥1.91k | 2.4% +JP¥5.2b | 6.5% | PE16.3x |