Japanese (NIKKEI) Machinery Industry Analysis
UpdatedDec 03, 2022
DataAggregated Company Financials
Companies265
- 7D-2.9%
- 3M-1.3%
- 1Y-8.3%
- YTD-12.1%
Over the last 7 days, the Machinery industry has dropped 2.9%, driven by SMC declining 4.9%. On the other hand Makita is actually up 6.9%. The industry has fallen 8.3% in the last year. Earnings are forecast to grow by 8.5% annually.
Industry Valuation and Performance
Has the Japanese Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 03 Dec 2022 | JP¥36.2t | JP¥41.1t | JP¥2.4t | 10.4x | 15x | 0.9x |
| Mon, 31 Oct 2022 | JP¥34.7t | JP¥39.9t | JP¥2.2t | 10.4x | 15.6x | 0.9x |
| Wed, 28 Sep 2022 | JP¥34.8t | JP¥39.4t | JP¥2.2t | 10.3x | 15.5x | 0.9x |
| Fri, 26 Aug 2022 | JP¥37.7t | JP¥39.4t | JP¥2.2t | 10.9x | 16.8x | 1x |
| Sun, 24 Jul 2022 | JP¥37.6t | JP¥38.5t | JP¥2.2t | 11x | 17.3x | 1x |
| Tue, 21 Jun 2022 | JP¥34.8t | JP¥38.5t | JP¥2.2t | 10.8x | 16x | 0.9x |
| Thu, 19 May 2022 | JP¥36.4t | JP¥38.3t | JP¥2.2t | 10.9x | 16.8x | 1x |
| Sat, 16 Apr 2022 | JP¥35.9t | JP¥37.7t | JP¥2.2t | 11.4x | 16.5x | 1x |
| Mon, 14 Mar 2022 | JP¥34.2t | JP¥37.7t | JP¥2.2t | 11.1x | 15.8x | 0.9x |
| Wed, 09 Feb 2022 | JP¥37.4t | JP¥37.3t | JP¥2.1t | 12x | 17.9x | 1x |
| Fri, 07 Jan 2022 | JP¥41.9t | JP¥36.6t | JP¥2.0t | 12.6x | 20.7x | 1.1x |
| Sun, 05 Dec 2021 | JP¥39.6t | JP¥36.7t | JP¥2.0t | 12.6x | 19.5x | 1.1x |
| Tue, 02 Nov 2021 | JP¥38.1t | JP¥33.9t | JP¥1.7t | 13.7x | 21.9x | 1.1x |
| Thu, 30 Sep 2021 | JP¥38.4t | JP¥33.5t | JP¥1.6t | 14.3x | 23.8x | 1.1x |
| Sat, 28 Aug 2021 | JP¥36.5t | JP¥33.7t | JP¥1.6t | 14.1x | 22.6x | 1.1x |
| Sun, 04 Jul 2021 | JP¥37.6t | JP¥33.7t | JP¥1.6t | 14.4x | 23.3x | 1.1x |
| Wed, 07 Apr 2021 | JP¥39.0t | JP¥32.1t | JP¥1.2t | 16.4x | 32.4x | 1.2x |
| Sat, 09 Jan 2021 | JP¥36.3t | JP¥32.1t | JP¥872.3b | 16.5x | 41.6x | 1.1x |
| Fri, 02 Oct 2020 | JP¥31.4t | JP¥32.2t | JP¥872.1b | 15.7x | 36x | 1x |
| Mon, 06 Jul 2020 | JP¥29.4t | JP¥33.3t | JP¥946.7b | 12.9x | 31x | 0.9x |
| Thu, 09 Apr 2020 | JP¥24.7t | JP¥34.7t | JP¥1.2t | 10.8x | 19.9x | 0.7x |
| Wed, 01 Jan 2020 | JP¥32.8t | JP¥35.2t | JP¥1.6t | 13.5x | 20.7x | 0.9x |
Price to Earnings Ratio
18.8x
Current Industry PE
- Investors are pessimistic on the Japanese Machinery 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 15.0x which is lower than its 3-year average PE of 24.8x.
- The industry is trading close to its 3-year average PS ratio of 1.00x.
Past Earnings Growth
- The earnings for companies in the Machinery industry have grown 12% per year over the last three years.
- Revenues for these companies have grown 4.7% 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 | -3.01% | |
| Industrials | -3.05% | |
| Machinery | -2.95% | |
| Industrial Machinery | -2.59% | |
| Construction Machinery and Vehicles | -3.51% | |
| Agricultural Machinery | -5.14% | |
Industry PE
- Investors are most optimistic about the Industrial Machinery industry even though it's trading below its 3-year average PE ratio of 26.2x.
- Analysts are expecting annual earnings growth of 8.4%, which is lower than the prior year's growth of 17.4% per year.
- Investors are most pessimistic about the Construction Machinery and Vehicles industry, which is trading below its 3-year average of 26.7x.
Forecasted Growth
- Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 9.9% over the next 5 years.
- However this is lower than its past earnings growth rate of 14% per year.
- In contrast, the Agricultural Machinery industry is expected to see its earnings grow by 5.9% 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 | |
|---|---|---|---|---|---|
| 6586 Makita | JP¥3.27k | 6.9% +JP¥57.0b | -35.4% | PE23.3x | |
| 7013 IHI | JP¥3.65k | 4.7% +JP¥25.0b | 60.9% | PE7.7x | |
| 6506 YASKAWA Electric | JP¥4.53k | 1.2% +JP¥14.4b | -15.9% | PE28.9x | |
| 6284 Nissei ASB Machine | JP¥4.46k | 9.2% +JP¥5.6b | 53.2% | PE10.9x | |
| 6245 HIRANO TECSEEDLtd | JP¥2.29k | 12.5% +JP¥3.8b | -16.6% | PE15.7x |