Japanese (NIKKEI) Basic Materials Industry Analysis
- 7D-0.3%
- 3M-2.1%
- 1Y7.4%
- YTD-3.5%
Over the last 7 days, the Basic Materials industry has dropped 1.9%, driven by a pullback from Maeda Kosen of 4.3%. This takes the industry's 12 month performance to a gain of 6.6%.
Industry Valuation and Performance
Has the Japanese Basic Materials Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Tue, 25 Jan 2022 | JPÂ¥897.3b | JPÂ¥1.8t | JPÂ¥106.9b | 7.8x |
| Thu, 23 Dec 2021 | JPÂ¥915.3b | JPÂ¥1.8t | JPÂ¥106.9b | 7.7x |
| Sat, 20 Nov 2021 | JPÂ¥912.3b | JPÂ¥1.8t | JPÂ¥106.9b | 8.2x |
| Mon, 18 Oct 2021 | JPÂ¥918.4b | JPÂ¥1.9t | JPÂ¥102.2b | 9.5x |
| Wed, 15 Sep 2021 | JPÂ¥944.9b | JPÂ¥1.9t | JPÂ¥102.9b | 9.2x |
| Fri, 13 Aug 2021 | JPÂ¥914.6b | JPÂ¥1.9t | JPÂ¥102.9b | 9.4x |
| Tue, 08 Jun 2021 | JPÂ¥861.5b | JPÂ¥1.9t | JPÂ¥95.1b | 9.6x |
| Mon, 01 Mar 2021 | JPÂ¥886.9b | JPÂ¥1.9t | JPÂ¥91.8b | 10.3x |
| Thu, 03 Dec 2020 | JPÂ¥833.9b | JPÂ¥1.9t | JPÂ¥86.1b | 9.4x |
| Sun, 06 Sep 2020 | JPÂ¥849.5b | JPÂ¥2.0t | JPÂ¥85.1b | 8.8x |
| Wed, 10 Jun 2020 | JPÂ¥838.3b | JPÂ¥2.0t | JPÂ¥88.0b | 8.8x |
| Tue, 03 Mar 2020 | JPÂ¥819.9b | JPÂ¥2.0t | JPÂ¥89.4b | 8.1x |
| Fri, 06 Dec 2019 | JPÂ¥942.2b | JPÂ¥2.0t | JPÂ¥94.9b | 9.4x |
| Mon, 09 Sep 2019 | JPÂ¥804.7b | JPÂ¥2.0t | JPÂ¥95.0b | 7.5x |
| Sun, 02 Jun 2019 | JPÂ¥902.9b | JPÂ¥2.0t | JPÂ¥98.5b | 8.3x |
| Wed, 06 Mar 2019 | JPÂ¥1.0t | JPÂ¥2.0t | JPÂ¥90.2b | 9.7x |
9.1x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 8.9x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Basic Materials industry have grown 5.8% per year over the last three years, while revenues for these companies have declined 3.0% per year. This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Japanese Basic Materials industry?
| Construction Materials | -0.31% | |
Industry PE: Investors are most optimistic about the Construction Materials industry even though it's trading below its 3-year average PE ratio of 8.9x. However analysts are expecting annual earnings growth of 8.6%, which is lower than the prior year's growth of 38% per year. So the market might believe that analysts are underestimating future growth.
Forecasted Growth: Analysts are most optimistic on the Construction Materials industry, expecting annual earnings growth of 8.6% over the next 5 years. However this is lower than its past earnings growth rate of 38% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 5233 Taiheiyo Cement | JPÂ¥2.30k | 1.5% +JPÂ¥3.8b | -12.5% | PE5.6x | |
| 5273 Mitani Sekisan | JPÂ¥6.31k | 1.4% +JPÂ¥1.7b | 33.1% | PE20.7x | |
| 5357 Yotai Refractories | JPÂ¥1.25k | 1.7% +JPÂ¥432.8m | 46.5% | PE10x | |
| 5269 Nippon Concrete Industries | JPÂ¥281.00 | 1.8% +JPÂ¥282.0m | -12.2% | PE9x | |
| 5288 Asia Pile Holdings | JPÂ¥443.00 | 1.1% +JPÂ¥190.4m | -10.9% | PE8.7x |