We Think You Can Look Beyond HITO-Communications HoldingsInc's (TSE:4433) Lackluster Earnings
Apr 23
Japanese (NIKKEI) HR Services Industry Analysis
UpdatedApr 27, 2024
DataAggregated Company Financials
Companies74
- 7D6.6%
- 3M6.8%
- 1Y42.9%
- YTDn/a
The HR Services industry is up 2.2% in the last week, with Recruit Holdings up 3.2%. In the last 12 months, the industry was up 44%. Looking forward, earnings are forecast to grow by 10.0% annually.
Industry Valuation and Performance
Has the Japanese HR Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 27 Apr 2024 | JP¥14.2t | JP¥8.2t | JP¥521.7b | 17x | 27.2x | 1.7x |
| Mon, 25 Mar 2024 | JP¥14.6t | JP¥8.2t | JP¥523.8b | 17.2x | 27.9x | 1.8x |
| Wed, 21 Feb 2024 | JP¥13.5t | JP¥8.2t | JP¥522.1b | 17.2x | 25.9x | 1.6x |
| Fri, 19 Jan 2024 | JP¥13.5t | JP¥8.1t | JP¥492.3b | 16.4x | 27.4x | 1.7x |
| Sun, 17 Dec 2023 | JP¥13.3t | JP¥8.1t | JP¥493.7b | 17.1x | 27x | 1.6x |
| Tue, 14 Nov 2023 | JP¥11.0t | JP¥8.1t | JP¥495.2b | 15.8x | 22.2x | 1.4x |
| Thu, 12 Oct 2023 | JP¥11.0t | JP¥8.1t | JP¥467.1b | 16.5x | 23.5x | 1.4x |
| Sat, 09 Sep 2023 | JP¥12.3t | JP¥8.1t | JP¥466.3b | 17.5x | 26.3x | 1.5x |
| Mon, 07 Aug 2023 | JP¥11.7t | JP¥8.0t | JP¥453.5b | 18.1x | 25.8x | 1.5x |
| Wed, 05 Jul 2023 | JP¥11.2t | JP¥7.9t | JP¥447.4b | 17.5x | 25x | 1.4x |
| Fri, 02 Jun 2023 | JP¥10.6t | JP¥7.9t | JP¥446.5b | 15.5x | 23.8x | 1.3x |
| Sun, 30 Apr 2023 | JP¥10.0t | JP¥7.7t | JP¥480.3b | 16.5x | 20.9x | 1.3x |
| Tue, 28 Mar 2023 | JP¥9.8t | JP¥7.7t | JP¥481.3b | 16.9x | 20.4x | 1.3x |
| Thu, 23 Feb 2023 | JP¥9.8t | JP¥7.7t | JP¥480.4b | 17.5x | 20.5x | 1.3x |
| Sat, 21 Jan 2023 | JP¥10.7t | JP¥7.5t | JP¥480.2b | 18x | 22.2x | 1.4x |
| Mon, 19 Dec 2022 | JP¥11.1t | JP¥7.4t | JP¥479.3b | 18.2x | 23.1x | 1.5x |
| Wed, 16 Nov 2022 | JP¥11.6t | JP¥7.2t | JP¥476.2b | 18.4x | 24.4x | 1.6x |
| Fri, 14 Oct 2022 | JP¥10.8t | JP¥7.1t | JP¥470.1b | 17.1x | 23.1x | 1.5x |
| Sun, 11 Sep 2022 | JP¥11.4t | JP¥7.2t | JP¥465.9b | 18.1x | 24.5x | 1.6x |
| Tue, 09 Aug 2022 | JP¥12.2t | JP¥6.9t | JP¥456.7b | 17.6x | 26.7x | 1.8x |
| Thu, 07 Jul 2022 | JP¥10.0t | JP¥6.8t | JP¥448.6b | 16.1x | 22.2x | 1.5x |
| Sat, 04 Jun 2022 | JP¥11.0t | JP¥6.8t | JP¥447.3b | 17.4x | 24.5x | 1.6x |
| Mon, 02 May 2022 | JP¥11.5t | JP¥6.5t | JP¥403.2b | 19.2x | 28.6x | 1.8x |
| Wed, 30 Mar 2022 | JP¥12.9t | JP¥6.5t | JP¥398.1b | 20x | 32.4x | 2x |
| Fri, 25 Feb 2022 | JP¥11.6t | JP¥6.5t | JP¥398.1b | 19.1x | 29x | 1.8x |
| Sun, 23 Jan 2022 | JP¥13.9t | JP¥6.2t | JP¥363.9b | 20.8x | 38.2x | 2.2x |
| Tue, 21 Dec 2021 | JP¥15.2t | JP¥6.1t | JP¥366.6b | 23.3x | 41.5x | 2.5x |
| Thu, 18 Nov 2021 | JP¥17.3t | JP¥6.1t | JP¥366.1b | 23.6x | 47.1x | 2.8x |
| Sat, 16 Oct 2021 | JP¥16.9t | JP¥5.9t | JP¥312.0b | 22.7x | 54.2x | 2.9x |
| Mon, 13 Sep 2021 | JP¥16.0t | JP¥5.9t | JP¥311.2b | 23.7x | 51.5x | 2.7x |
| Wed, 11 Aug 2021 | JP¥13.5t | JP¥5.9t | JP¥311.1b | 22.7x | 43.4x | 2.3x |
| Sun, 06 Jun 2021 | JP¥12.7t | JP¥5.6t | JP¥242.1b | 23.5x | 52.6x | 2.3x |
Price to Earnings Ratio
48.6x
Current Industry PE
- Investors are pessimistic on the Japanese Human Resource and Employment Services 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 26.8x which is lower than its 3-year average PE of 30.7x.
- The industry is trading close to its 3-year average PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Human Resource and Employment Services industry have grown 30% per year over the last three years.
- Revenues for these companies have grown 14% 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 HR Services compare with similar industries?
| JP Market | 2.20% | |
| Industrials | 3.06% | |
| Professional Services | 5.95% | |
| HR Services | 6.57% | |
| Research and Consulting Services | 2.53% | |
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 | |
|---|---|---|---|---|---|
| 6098 Recruit Holdings | JP¥6.64k | 8.7% +JP¥816.4b | 73.7% | PE29.9x | |
| 2181 Persol HoldingsLtd | JP¥220.40 | 6.1% +JP¥28.5b | -20.9% | PE26.5x | |
| 9744 MEITEC Group Holdings | JP¥2.99k | 6.7% +JP¥14.6b | 30.5% | PE17x | |
| 2175 SMS | JP¥2.27k | 3.9% +JP¥7.4b | -28.4% | PE31.7x | |
| 6200 Insource | JP¥779.00 | 11.3% +JP¥6.6b | -37.3% | PE23.4x |
