Has the Japanese Materials Sector valuation changed over the past few years?
|Thu, 02 Dec 2021||JP¥42.7t||JP¥66.7t||JP¥3.9t||7.9x|
|Sat, 30 Oct 2021||JP¥45.6t||JP¥64.0t||JP¥3.0t||11.3x|
|Mon, 27 Sep 2021||JP¥47.4t||JP¥63.4t||JP¥2.8t||12.4x|
|Wed, 25 Aug 2021||JP¥44.3t||JP¥63.5t||JP¥2.8t||11.6x|
|Thu, 01 Jul 2021||JP¥44.5t||JP¥63.5t||JP¥2.8t||11.2x|
|Sun, 04 Apr 2021||JP¥45.7t||JP¥60.2t||JP¥1.8t||13.8x|
|Wed, 06 Jan 2021||JP¥41.1t||JP¥59.4t||JP¥838.2b||14.3x|
|Sat, 10 Oct 2020||JP¥35.3t||JP¥59.7t||JP¥187.3b||14.4x|
|Fri, 03 Jul 2020||JP¥33.3t||JP¥61.6t||JP¥665.1b||13x|
|Mon, 06 Apr 2020||JP¥29.2t||JP¥64.2t||JP¥1.2t||11x|
|Thu, 09 Jan 2020||JP¥37.7t||JP¥65.2t||JP¥1.9t||13.4x|
|Wed, 02 Oct 2019||JP¥35.0t||JP¥66.5t||JP¥2.5t||11.5x|
|Sat, 06 Jul 2019||JP¥35.4t||JP¥66.9t||JP¥2.8t||11.5x|
|Tue, 09 Apr 2019||JP¥36.0t||JP¥67.0t||JP¥3.2t||11.3x|
|Mon, 31 Dec 2018||JP¥34.8t||JP¥66.6t||JP¥3.2t||10.5x|
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 7.9x which is lower than its 3-year average PE of 12.3x. It appears they believe that earnings will not grow as fast as they have historically.
Past Earnings Growth: The earnings for companies in the Materials industry have grown 4.1% 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.
Which industries have driven the changes within the Japanese Materials sector?
|Metals and Mining||-5.98%|
|Paper and Forestry Products||-6.32%|
Industry PE: Investors are most optimistic about the Metals and Mining industry which is trading above its 3-year average PE ratio of 10.4x. However analysts are expecting annual earnings decline of 1.1%, which is lower than the prior year's growth of 76% per year. So the market might believe that analysts are underestimating future growth or they expect the Metals and Mining industry's earnings to deteriorate the least compared to other industries. Meanwhile, investors are most pessimistic about the Basic Materials industry, which is trading below its 3-year average of 8.9x.
Forecasted Growth: Analysts are most optimistic on the Chemicals industry, expecting annual earnings growth of 9.5% over the next 5 years. However this is lower than its past earnings growth rate of 56% per year. Meanwhile, the Metals and Mining industry is expected to see its earnings growth to stay flat over the next few years.
Which companies have driven the market over the last 7 days?
Nippon Pillar Packing
Sumitomo Osaka Cement
Mitsubishi Chemical Holdings
Sumitomo Chemical Company