Japanese (NIKKEI) Chemicals Industry Analysis
UpdatedDec 02, 2022
DataAggregated Company Financials
Companies167
- 7D-0.1%
- 3M2.6%
- 1Y-4.6%
- YTD-8.7%
Last week, the Chemicals industry hasn't moved much but Nippon Paint Holdings is up 3.5% in that time. Unfortunately though, the industry is down 4.6% over the past 12 months. As for the next few years, earnings are expected to grow by 8.2% per annum.
Industry Valuation and Performance
Has the Japanese Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 03 Dec 2022 | JP¥30.3t | JP¥40.8t | JP¥2.7t | 10x | 11x | 0.7x |
| Mon, 31 Oct 2022 | JP¥27.9t | JP¥39.5t | JP¥2.8t | 9.4x | 9.8x | 0.7x |
| Wed, 28 Sep 2022 | JP¥28.1t | JP¥39.1t | JP¥2.7t | 9.3x | 10.2x | 0.7x |
| Fri, 26 Aug 2022 | JP¥30.4t | JP¥39.1t | JP¥2.7t | 9.9x | 11.1x | 0.8x |
| Sun, 24 Jul 2022 | JP¥30.0t | JP¥37.5t | JP¥2.6t | 9.9x | 11.7x | 0.8x |
| Tue, 21 Jun 2022 | JP¥28.2t | JP¥37.5t | JP¥2.6t | 9.4x | 11x | 0.8x |
| Thu, 19 May 2022 | JP¥30.4t | JP¥37.4t | JP¥2.6t | 9.6x | 11.9x | 0.8x |
| Sat, 16 Apr 2022 | JP¥29.7t | JP¥36.2t | JP¥2.4t | 9.4x | 12.6x | 0.8x |
| Mon, 14 Mar 2022 | JP¥28.5t | JP¥36.2t | JP¥2.4t | 9.4x | 12.1x | 0.8x |
| Wed, 09 Feb 2022 | JP¥30.7t | JP¥35.7t | JP¥2.3t | 10.3x | 13.5x | 0.9x |
| Fri, 07 Jan 2022 | JP¥33.6t | JP¥34.9t | JP¥2.2t | 15.8x | 15.6x | 1x |
| Sun, 05 Dec 2021 | JP¥32.0t | JP¥34.9t | JP¥2.2t | 10.1x | 14.9x | 0.9x |
| Tue, 02 Nov 2021 | JP¥34.3t | JP¥33.9t | JP¥1.9t | 11.8x | 18.5x | 1x |
| Thu, 30 Sep 2021 | JP¥33.9t | JP¥33.5t | JP¥1.7t | 12.5x | 19.7x | 1x |
| Sat, 28 Aug 2021 | JP¥32.3t | JP¥33.6t | JP¥1.7t | 11.9x | 18.7x | 1x |
| Sun, 04 Jul 2021 | JP¥33.0t | JP¥33.6t | JP¥1.7t | 11.7x | 19.2x | 1x |
| Wed, 07 Apr 2021 | JP¥33.8t | JP¥31.8t | JP¥1.3t | 14x | 26.6x | 1.1x |
| Sat, 09 Jan 2021 | JP¥31.1t | JP¥31.1t | JP¥1.1t | 15.5x | 28.4x | 1x |
| Fri, 02 Oct 2020 | JP¥26.6t | JP¥31.0t | JP¥997.9b | 15x | 26.6x | 0.9x |
| Mon, 06 Jul 2020 | JP¥24.7t | JP¥31.7t | JP¥1.2t | 14.1x | 20.4x | 0.8x |
| Thu, 09 Apr 2020 | JP¥21.3t | JP¥32.9t | JP¥1.5t | 11.7x | 14.3x | 0.6x |
| Wed, 01 Jan 2020 | JP¥26.7t | JP¥33.4t | JP¥1.7t | 14.4x | 15.8x | 0.8x |
Price to Earnings Ratio
14.1x
Current Industry PE
- Investors are pessimistic on the Japanese Chemicals 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 11.0x which is lower than its 3-year average PE of 18.3x.
- The industry is trading close to its 3-year average PS ratio of 0.86x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have grown 13% per year over the last three years.
- Revenues for these companies have grown 6.2% 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 Materials industry?
| JP Market | -1.45% | |
| Materials | -0.47% | |
| Chemicals | -0.12% | |
| Specialty Chemicals | 0.84% | |
| Diversified Chemicals | -0.90% | |
| Commodity Chemicals | -1.16% | |
| Fertilizers and Agricultural Chemicals | -1.53% | |
| Industrial Gases | -2.18% | |
Industry PE
- Investors are most optimistic about the Specialty Chemicals industry even though it's trading below its 3-year average PE ratio of 21.5x.
- Analysts are expecting annual earnings growth of 7.6%, which is lower than the prior year's growth of 13.8% per year.
- Investors are most pessimistic about the Diversified Chemicals industry, which is trading below its 3-year average of 20.7x.
Forecasted Growth
- Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 10% over the next 5 years.
- This is better than its past earnings decline of 1.6% per year.
- In contrast, the Fertilizers and Agricultural Chemicals industry is expected to see its earnings grow by 2.7% 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 | |
|---|---|---|---|---|---|
| 4612 Nippon Paint Holdings | JP¥1.14k | 3.5% +JP¥91.6b | -3.9% | PE37.1x | |
| 4628 Sk KakenLtd | JP¥41.45k | 10.2% +JP¥10.4b | 9.1% | PE9.9x | |
| 4185 JSR | JP¥2.93k | 1.5% +JP¥8.9b | -28.4% | PE18.1x | |
| 5301 Tokai Carbon | JP¥1.07k | 1.6% +JP¥3.6b | -9.5% | PE10.1x | |
| 4970 Toyo GoseiLtd | JP¥9.60k | 4.0% +JP¥2.9b | -43.5% | n/a |