Japanese (NIKKEI) Heavy Electrical Equipment Industry Analysis
UpdatedSep 26, 2023
DataAggregated Company Financials
Companies8
- 7D-1.9%
- 3M-6.0%
- 1Y40.1%
- YTD41.3%
Over the last 7 days, the Heavy Electrical Equipment industry has dropped 2.6%, driven by Mitsubishi Electric declining 2.9%. This takes the industry's 12 month performance to a gain of 35%. Looking forward, earnings are forecast to grow by 11% annually.
Industry Valuation and Performance
Has the Japanese Heavy Electrical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 26 Sep 2023 | JP¥4.4t | JP¥5.9t | JP¥277.2b | 11.6x | 15.8x | 0.7x |
| Thu, 24 Aug 2023 | JP¥4.3t | JP¥5.9t | JP¥277.2b | 11.5x | 15.4x | 0.7x |
| Sat, 22 Jul 2023 | JP¥4.9t | JP¥5.7t | JP¥252.9b | 11.4x | 19.4x | 0.9x |
| Mon, 19 Jun 2023 | JP¥4.9t | JP¥5.7t | JP¥251.3b | 13.6x | 19.4x | 0.9x |
| Wed, 17 May 2023 | JP¥4.3t | JP¥5.7t | JP¥249.1b | 13.6x | 17.1x | 0.8x |
| Fri, 14 Apr 2023 | JP¥3.8t | JP¥5.5t | JP¥228.0b | 14x | 16.9x | 0.7x |
| Sun, 12 Mar 2023 | JP¥3.8t | JP¥5.5t | JP¥228.0b | 13.4x | 16.6x | 0.7x |
| Tue, 07 Feb 2023 | JP¥3.6t | JP¥5.5t | JP¥225.9b | 13.6x | 15.9x | 0.7x |
| Thu, 05 Jan 2023 | JP¥3.1t | JP¥5.3t | JP¥205.2b | 11.2x | 15.1x | 0.6x |
| Sat, 03 Dec 2022 | JP¥3.2t | JP¥5.3t | JP¥205.2b | 11.7x | 15.5x | 0.6x |
| Mon, 31 Oct 2022 | JP¥3.2t | JP¥5.2t | JP¥202.6b | 11.8x | 15.6x | 0.6x |
| Wed, 28 Sep 2022 | JP¥3.2t | JP¥5.0t | JP¥204.2b | 12x | 15.4x | 0.6x |
| Fri, 26 Aug 2022 | JP¥3.4t | JP¥5.0t | JP¥204.2b | 13.4x | 16.6x | 0.7x |
| Sun, 24 Jul 2022 | JP¥3.5t | JP¥5.0t | JP¥232.9b | 13.2x | 15x | 0.7x |
| Tue, 21 Jun 2022 | JP¥3.3t | JP¥5.0t | JP¥234.7b | 11x | 13.9x | 0.7x |
| Thu, 19 May 2022 | JP¥3.3t | JP¥5.0t | JP¥234.9b | 11.6x | 14.1x | 0.7x |
| Sat, 16 Apr 2022 | JP¥3.2t | JP¥4.9t | JP¥266.7b | 11.4x | 11.9x | 0.6x |
| Mon, 14 Mar 2022 | JP¥3.1t | JP¥4.9t | JP¥266.6b | 11.8x | 11.6x | 0.6x |
| Wed, 09 Feb 2022 | JP¥3.3t | JP¥4.9t | JP¥266.8b | 11.9x | 12.5x | 0.7x |
| Fri, 07 Jan 2022 | JP¥3.6t | JP¥4.9t | JP¥280.1b | n/a | 12.9x | 0.7x |
| Sun, 05 Dec 2021 | JP¥3.4t | JP¥4.9t | JP¥280.1b | 12.3x | 12.2x | 0.7x |
| Tue, 02 Nov 2021 | JP¥3.6t | JP¥4.9t | JP¥278.2b | 12.4x | 13.1x | 0.7x |
| Thu, 30 Sep 2021 | JP¥3.7t | JP¥4.8t | JP¥265.7b | 12x | 14x | 0.8x |
| Sat, 28 Aug 2021 | JP¥3.5t | JP¥4.9t | JP¥265.8b | 12.2x | 13.2x | 0.7x |
| Sun, 04 Jul 2021 | JP¥3.8t | JP¥4.9t | JP¥265.8b | 13.4x | 14.4x | 0.8x |
| Wed, 07 Apr 2021 | JP¥4.0t | JP¥4.6t | JP¥219.9b | 16.6x | 18.1x | 0.9x |
| Sat, 09 Jan 2021 | JP¥3.7t | JP¥4.6t | JP¥192.8b | 17.5x | 19.2x | 0.8x |
| Fri, 02 Oct 2020 | JP¥3.3t | JP¥4.6t | JP¥201.2b | 14.1x | 16.6x | 0.7x |
Price to Earnings Ratio
16.6x
Current Industry PE
- Investors are relatively neutral on the Japanese Heavy Electrical Equipment 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 15.7x.
- The industry is trading close to its 3-year average PS ratio of 0.73x.
Past Earnings Growth
- The earnings for companies in the Heavy Electrical Equipment industry have grown 11% 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 Comparison
How does Japanese Heavy Electrical Equipment compare with similar industries?
| JP Market | -1.67% | |
| Industrials | -1.98% | |
| Electrical | -2.93% | |
| Heavy Electrical Equipment | -1.88% | |
| Electrical Components | -3.53% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 3856 Abalance | JP¥3.58k | 0.7% +JP¥434.7m | 80.0% | PE11.4x | |
| 6648 Kawaden | JP¥1.93k | 2.4% +JP¥143.9m | 1.3% | n/a |