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Japanese (NIKKEI) Chemicals Industry Analysis

UpdatedMay 02, 2024
DataAggregated Company Financials
Companies162
  • 7D-1.2%
  • 3M4.4%
  • 1Y26.7%
  • YTD6.6%

Over the last 7 days, the Chemicals industry has dropped 1.2%, driven by Shin-Etsu Chemical declining 6.3%. In contrast, Nippon Paint Holdings has gained 7.8%. This takes the industry's 12 month performance to a gain of 27%. Looking forward, earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

Has the Japanese Chemicals Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 02 May 2024JP¥39.9tJP¥40.9tJP¥1.7t14x23.5x1x
Sat, 30 Mar 2024JP¥41.3tJP¥41.0tJP¥1.7t14.3x24.5x1x
Mon, 26 Feb 2024JP¥40.1tJP¥41.0tJP¥1.7t14.1x23.8x1x
Wed, 24 Jan 2024JP¥38.2tJP¥41.4tJP¥1.7t14.3x23.1x0.9x
Fri, 22 Dec 2023JP¥36.8tJP¥41.4tJP¥1.7t14.1x22.3x0.9x
Sun, 19 Nov 2023JP¥36.8tJP¥41.4tJP¥1.7t13.8x22.2x0.9x
Tue, 17 Oct 2023JP¥34.2tJP¥42.0tJP¥1.8t13.7x18.7x0.8x
Thu, 14 Sep 2023JP¥35.2tJP¥42.0tJP¥1.8t13.6x19.3x0.8x
Sat, 12 Aug 2023JP¥35.0tJP¥41.9tJP¥1.8t13.2x19.4x0.8x
Mon, 10 Jul 2023JP¥34.4tJP¥42.5tJP¥2.1t12.8x16.4x0.8x
Wed, 07 Jun 2023JP¥34.0tJP¥42.4tJP¥2.1t12.2x16.2x0.8x
Fri, 05 May 2023JP¥31.9tJP¥42.0tJP¥2.4t11.2x13.1x0.8x
Sun, 02 Apr 2023JP¥32.0tJP¥42.0tJP¥2.5t10.9x12.8x0.8x
Tue, 28 Feb 2023JP¥31.1tJP¥42.0tJP¥2.5t10.8x12.5x0.7x
Thu, 26 Jan 2023JP¥29.2tJP¥40.8tJP¥2.7t9.9x10.7x0.7x
Sat, 24 Dec 2022JP¥28.0tJP¥40.8tJP¥2.7t9.6x10.2x0.7x
Mon, 21 Nov 2022JP¥29.5tJP¥40.8tJP¥2.7t9.7x10.8x0.7x
Wed, 19 Oct 2022JP¥28.0tJP¥39.1tJP¥2.7t9.3x10.2x0.7x
Fri, 16 Sep 2022JP¥30.0tJP¥39.1tJP¥2.7t9.7x10.9x0.8x
Sun, 14 Aug 2022JP¥30.6tJP¥39.1tJP¥2.7t10x11.2x0.8x
Tue, 12 Jul 2022JP¥29.5tJP¥37.5tJP¥2.6t9.6x11.5x0.8x
Thu, 09 Jun 2022JP¥31.3tJP¥37.5tJP¥2.6t9.8x12.2x0.8x
Sat, 07 May 2022JP¥30.7tJP¥36.4tJP¥2.5t9.6x12.3x0.8x
Mon, 04 Apr 2022JP¥31.0tJP¥36.2tJP¥2.4t9.7x13.1x0.9x
Wed, 02 Mar 2022JP¥30.5tJP¥36.2tJP¥2.4t9.8x13x0.8x
Fri, 28 Jan 2022JP¥30.0tJP¥34.9tJP¥2.2t10x13.9x0.9x
Sun, 26 Dec 2021JP¥32.6tJP¥34.9tJP¥2.2t10.1x15.1x0.9x
Tue, 23 Nov 2021JP¥33.6tJP¥34.9tJP¥2.2t10.5x15.6x1x
Thu, 21 Oct 2021JP¥33.5tJP¥33.5tJP¥1.7t12x19.4x1x
Sat, 18 Sep 2021JP¥36.3tJP¥33.5tJP¥1.7t13.1x21.1x1.1x
Mon, 16 Aug 2021JP¥32.5tJP¥33.6tJP¥1.7t12.2x18.8x1x
Mon, 31 May 2021JP¥33.2tJP¥31.8tJP¥1.3t13.3x26x1x
Price to Earnings Ratio

25.7x


Total Market Cap: JP¥32.8tTotal Earnings: JP¥1.3tTotal Revenue: JP¥31.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Chemicals Industry Price to Earnings3Y Average 16.2x202220232024
Current Industry PE
  • Investors are optimistic on the Japanese Chemicals industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 23.5x which is higher than its 3-year average PE of 16.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.85x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have grown 9.9% per year over the last three years.
  • Revenues for these companies have grown 8.8% 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 Market0.46%
Materials-0.98%
Chemicals-1.23%
Industrial Gases4.04%
Commodity Chemicals1.50%
Diversified Chemicals0.38%
Fertilizers and Agricultural Chemicals-0.45%
Specialty Chemicals-3.19%
Industry PE
  • Investors are most optimistic about the Commodity Chemicals industry which is trading above its 3-year average PE ratio of 17.1x.
    • Analysts are expecting annual earnings growth of 24.1%, which is higher than its past year's earnings growth of 13.6% per year.
  • Investors are most pessimistic about the Fertilizers and Agricultural Chemicals industry, which is trading close to its 3-year average of 10.4x.
Forecasted Growth
  • Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings growth rate of 14% per year.
  • In contrast, the Industrial Gases industry is expected to see its earnings grow by 6.5% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
4612 Nippon Paint HoldingsJP¥1.06k8.8%
+JP¥202.0b		-15.9%PE21x
4091 Nippon Sanso HoldingsJP¥4.70k9.0%
+JP¥167.5b		89.7%PE21.6x
3407 Asahi KaseiJP¥1.10k3.1%
+JP¥45.7b		15.1%PS0.6x
4183 Mitsui ChemicalsJP¥4.44k3.3%
+JP¥27.0b		27.8%PE15.3x
3402 Toray IndustriesJP¥715.202.4%
+JP¥26.6b		-7.0%PE26.1x
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6036

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4183

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3405

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3407

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