Japanese (NIKKEI) Electrical Industry Analysis
UpdatedMay 21, 2022
DataAggregated Company Financials
Companies57
- 7D0.8%
- 3M-10.0%
- 1Y-21.2%
- YTD-25.2%
The Electrical is pretty flat in the last 7 days, but Nitto Kogyo has stood out, gaining 42%. As for the longer term, the industry has declined 21% in the last year. As for the next few years, earnings are expected to grow by 12% per annum.
Industry Valuation and Performance
Has the Japanese Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 21 May 2022 | JP¥10.8t | JP¥11.8t | JP¥598.3b | 11.6x |
| Mon, 18 Apr 2022 | JP¥10.8t | JP¥11.6t | JP¥623.4b | 10.3x |
| Wed, 16 Mar 2022 | JP¥10.8t | JP¥11.6t | JP¥623.4b | 11.1x |
| Fri, 11 Feb 2022 | JP¥12.1t | JP¥11.6t | JP¥622.8b | 11x |
| Sun, 09 Jan 2022 | JP¥13.9t | JP¥11.4t | JP¥616.9b | 12x |
| Tue, 07 Dec 2021 | JP¥13.7t | JP¥11.4t | JP¥617.0b | 11.5x |
| Thu, 04 Nov 2021 | JP¥14.1t | JP¥11.3t | JP¥594.8b | 12.3x |
| Sat, 02 Oct 2021 | JP¥13.4t | JP¥11.2t | JP¥564.5b | 12.7x |
| Mon, 30 Aug 2021 | JP¥13.5t | JP¥11.2t | JP¥564.8b | 13.1x |
| Tue, 06 Jul 2021 | JP¥14.1t | JP¥11.2t | JP¥564.8b | 12.8x |
| Fri, 09 Apr 2021 | JP¥14.5t | JP¥10.7t | JP¥471.4b | 15.7x |
| Thu, 31 Dec 2020 | JP¥13.8t | JP¥10.5t | JP¥339.4b | 14.8x |
| Sun, 04 Oct 2020 | JP¥11.2t | JP¥10.5t | JP¥346.0b | 13.6x |
| Wed, 08 Jul 2020 | JP¥9.5t | JP¥10.8t | JP¥378.5b | 12.5x |
| Tue, 31 Mar 2020 | JP¥8.1t | JP¥11.2t | JP¥413.9b | 11.7x |
| Fri, 03 Jan 2020 | JP¥10.4t | JP¥11.3t | JP¥467.5b | 14x |
| Mon, 07 Oct 2019 | JP¥9.8t | JP¥11.3t | JP¥469.2b | 11.9x |
| Sun, 30 Jun 2019 | JP¥9.9t | JP¥11.3t | JP¥508.1b | 11.6x |
Median PE Ratio
9.2x
Current Industry PE
- Investors are relatively neutral on the 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 12.7x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have grown 3.2% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the Japanese Industrials industry?
| JP Market | 0.71% | |
| Industrials | 1.41% | |
| Electrical | 0.77% | |
| Heavy Electrical Equipment | 1.13% | |
| Electrical Components | 0.60% | |
Industry PE
- Investors are most optimistic about the Heavy Electrical Equipment industry even though it's trading below its 3-year average PE ratio of 14.1x.
- Analysts are expecting annual earnings growth of 10%, which is higher than its past year's earnings growth of 6.2% per year.
- Investors are most pessimistic about the Electrical Components industry, which is trading close to its 3-year average of 12.3x.
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 21% 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 | |
|---|---|---|---|---|---|
| 6651 Nitto Kogyo | JP¥2.25k | 41.8% +JP¥26.8b | 19.8% | PS13.8x | |
| 6504 Fuji Electric | JP¥5.84k | 3.0% +JP¥24.3b | 16.1% | PS14.2x | |
| 6503 Mitsubishi Electric | JP¥1.42k | 0.8% +JP¥23.2b | -15.5% | PS14.7x | |
| 5803 Fujikura | JP¥779.00 | 11.9% +JP¥22.9b | 70.8% | PS5.5x | |
| 6652 IDEC | JP¥2.69k | 17.6% +JP¥11.7b | 36.1% | PS9.9x |