Calculating The Intrinsic Value Of Fujikura Ltd. (TSE:5803)
Jun 23
Japanese (NIKKEI) Electrical Industry Analysis
UpdatedJun 25, 2024
DataAggregated Company Financials
Companies54
- 7D0.08%
- 3M4.0%
- 1Y20.1%
- YTD31.6%
In the last week, the Electrical industry is flat overall, with Fujikura standing out by going down 3.9%. As for the the longer term, the industry is up 20% over the past 12 months. As for the next few years, earnings are expected to grow by 10% 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 |
|---|---|---|---|---|---|---|
| Tue, 25 Jun 2024 | JP¥14.5t | JP¥13.7t | JP¥744.3b | 11.9x | 19.4x | 1.1x |
| Thu, 23 May 2024 | JP¥15.1t | JP¥13.7t | JP¥743.6b | 12.5x | 20.3x | 1.1x |
| Sat, 20 Apr 2024 | JP¥14.1t | JP¥13.5t | JP¥631.3b | 12.5x | 22.3x | 1x |
| Mon, 18 Mar 2024 | JP¥12.9t | JP¥13.5t | JP¥631.4b | 11.8x | 20.4x | 1x |
| Wed, 14 Feb 2024 | JP¥12.0t | JP¥13.5t | JP¥627.2b | 11x | 19.2x | 0.9x |
| Fri, 12 Jan 2024 | JP¥11.4t | JP¥13.6t | JP¥604.5b | 10.8x | 18.9x | 0.8x |
| Sun, 10 Dec 2023 | JP¥10.7t | JP¥13.6t | JP¥603.7b | 10.4x | 17.8x | 0.8x |
| Tue, 07 Nov 2023 | JP¥11.1t | JP¥13.8t | JP¥622.2b | 11.1x | 17.8x | 0.8x |
| Thu, 05 Oct 2023 | JP¥11.7t | JP¥13.7t | JP¥605.8b | 10.6x | 19.3x | 0.8x |
| Sat, 02 Sep 2023 | JP¥12.3t | JP¥13.7t | JP¥604.8b | 11.7x | 20.3x | 0.9x |
| Mon, 31 Jul 2023 | JP¥13.0t | JP¥13.5t | JP¥583.0b | 11.8x | 22.3x | 1x |
| Wed, 28 Jun 2023 | JP¥12.4t | JP¥13.5t | JP¥556.5b | 11.8x | 22.2x | 0.9x |
| Fri, 26 May 2023 | JP¥11.6t | JP¥13.5t | JP¥556.8b | 11.7x | 20.8x | 0.9x |
| Sun, 23 Apr 2023 | JP¥10.5t | JP¥13.1t | JP¥648.8b | 11.7x | 16.3x | 0.8x |
| Tue, 21 Mar 2023 | JP¥10.1t | JP¥13.1t | JP¥648.5b | 10.4x | 15.6x | 0.8x |
| Thu, 16 Feb 2023 | JP¥10.5t | JP¥13.1t | JP¥648.7b | 10.5x | 16.1x | 0.8x |
| Sat, 14 Jan 2023 | JP¥10.0t | JP¥12.6t | JP¥627.7b | 10.8x | 15.9x | 0.8x |
| Mon, 12 Dec 2022 | JP¥10.8t | JP¥12.6t | JP¥627.5b | 11.2x | 17.2x | 0.9x |
| Wed, 09 Nov 2022 | JP¥10.6t | JP¥12.5t | JP¥615.2b | 10.7x | 17.3x | 0.9x |
| Fri, 07 Oct 2022 | JP¥10.9t | JP¥12.0t | JP¥591.6b | 11.3x | 18.4x | 0.9x |
| Sun, 04 Sep 2022 | JP¥11.3t | JP¥12.0t | JP¥591.4b | 11.7x | 19.1x | 0.9x |
| Tue, 02 Aug 2022 | JP¥11.6t | JP¥11.9t | JP¥583.0b | 11.1x | 19.9x | 1x |
| Thu, 30 Jun 2022 | JP¥11.0t | JP¥11.8t | JP¥601.5b | 10.8x | 18.3x | 0.9x |
| Sat, 28 May 2022 | JP¥10.7t | JP¥11.8t | JP¥600.1b | 11.1x | 17.8x | 0.9x |
| Mon, 25 Apr 2022 | JP¥11.0t | JP¥11.7t | JP¥621.3b | 10.4x | 17.7x | 0.9x |
| Wed, 23 Mar 2022 | JP¥11.6t | JP¥11.6t | JP¥623.3b | 11.4x | 18.6x | 1x |
| Fri, 18 Feb 2022 | JP¥12.0t | JP¥11.6t | JP¥623.3b | 11x | 19.3x | 1x |
| Sun, 16 Jan 2022 | JP¥13.5t | JP¥11.4t | JP¥616.7b | 11.9x | 22x | 1.2x |
| Tue, 14 Dec 2021 | JP¥14.1t | JP¥11.4t | JP¥617.0b | 11.6x | 22.9x | 1.2x |
| Thu, 11 Nov 2021 | JP¥13.9t | JP¥11.4t | JP¥615.6b | 12x | 22.5x | 1.2x |
| Sat, 09 Oct 2021 | JP¥13.1t | JP¥11.2t | JP¥564.5b | 12.4x | 23.2x | 1.2x |
| Mon, 06 Sep 2021 | JP¥14.0t | JP¥11.2t | JP¥564.5b | 13.4x | 24.8x | 1.3x |
| Wed, 04 Aug 2021 | JP¥13.7t | JP¥11.2t | JP¥564.8b | 13.2x | 24.3x | 1.2x |
Price to Earnings Ratio
25x
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 19.8x.
- The industry is trading close to its 3-year average PS ratio of 0.97x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have grown 9.6% per year over the last three years.
- Revenues for these companies have grown 6.8% 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 | 1.54% | |
| Industrials | 1.02% | |
| Electrical | 0.077% | |
| Electrical Components | 0.67% | |
| Heavy Electrical Equipment | -0.86% | |
Industry PE
- Investors are most optimistic about the Electrical Components industry even though it's trading below its 3-year average PE ratio of 23.2x.
- Analysts are expecting annual earnings growth of 11.4%, 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 15.6x.
Forecasted Growth
- Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 11% 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 8.7% 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¥2.54k | 0.8% +JP¥40.7b | 29.2% | PE18.6x | |
| 6592 Mabuchi Motor | JP¥2.46k | 1.9% +JP¥5.8b | 24.4% | PE13.8x | |
| 6674 GS Yuasa | JP¥3.30k | 1.5% +JP¥5.0b | 20.7% | PE10.3x | |
| 6651 Nitto Kogyo | JP¥3.44k | 2.7% +JP¥3.4b | -0.9% | PE15x | |
| 6622 DAIHEN | JP¥8.27k | 1.3% +JP¥2.7b | 54.0% | PE12.2x |
