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Japanese (NIKKEI) Chemicals Industry Analysis

UpdatedJul 01, 2024
DataAggregated Company Financials
Companies160
  • 7D2.1%
  • 3M0.8%
  • 1Y17.1%
  • YTD8.3%

In the last week, the Chemicals industry is up 2.1%, with Shin-Etsu Chemical up 3.6%. This means that the industry has gained 17% over the past year. Earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 01 Jul 2024JP¥39.6tJP¥40.8tJP¥1.7t13.2x22.8x1x
Wed, 29 May 2024JP¥39.2tJP¥41.2tJP¥1.7t13.1x22.6x1x
Fri, 26 Apr 2024JP¥39.7tJP¥41.0tJP¥1.7t14x23.6x1x
Sun, 24 Mar 2024JP¥42.4tJP¥41.0tJP¥1.7t14.6x25.2x1x
Tue, 20 Feb 2024JP¥39.5tJP¥41.0tJP¥1.7t13.9x23.5x1x
Thu, 18 Jan 2024JP¥37.5tJP¥41.4tJP¥1.7t13.9x22.7x0.9x
Sat, 16 Dec 2023JP¥36.4tJP¥41.4tJP¥1.7t14.2x22x0.9x
Mon, 13 Nov 2023JP¥35.5tJP¥41.3tJP¥1.7t13.4x21.4x0.9x
Wed, 11 Oct 2023JP¥33.8tJP¥42.0tJP¥1.8t13.7x18.5x0.8x
Fri, 08 Sep 2023JP¥35.8tJP¥42.0tJP¥1.8t13.7x19.6x0.9x
Sun, 06 Aug 2023JP¥34.4tJP¥42.1tJP¥1.9t12.9x18x0.8x
Tue, 04 Jul 2023JP¥35.9tJP¥42.5tJP¥2.1t13.1x17.1x0.8x
Thu, 01 Jun 2023JP¥32.2tJP¥42.4tJP¥2.1t12.2x15.4x0.8x
Sat, 29 Apr 2023JP¥31.4tJP¥42.0tJP¥2.5t10.7x12.7x0.7x
Mon, 27 Mar 2023JP¥31.2tJP¥42.0tJP¥2.5t10.7x12.5x0.7x
Wed, 22 Feb 2023JP¥31.1tJP¥42.0tJP¥2.5t10.9x12.5x0.7x
Fri, 20 Jan 2023JP¥28.3tJP¥40.8tJP¥2.7t9.5x10.3x0.7x
Sun, 18 Dec 2022JP¥29.4tJP¥40.8tJP¥2.7t9.7x10.7x0.7x
Tue, 15 Nov 2022JP¥29.2tJP¥40.7tJP¥2.7t9.6x10.7x0.7x
Thu, 13 Oct 2022JP¥27.6tJP¥39.1tJP¥2.7t9.2x10.1x0.7x
Sat, 10 Sep 2022JP¥30.5tJP¥39.1tJP¥2.7t9.9x11.1x0.8x
Mon, 08 Aug 2022JP¥29.9tJP¥38.6tJP¥2.7t9.7x11.1x0.8x
Wed, 06 Jul 2022JP¥29.2tJP¥37.5tJP¥2.6t9.5x11.4x0.8x
Fri, 03 Jun 2022JP¥31.1tJP¥37.5tJP¥2.6t9.6x12.2x0.8x
Sun, 01 May 2022JP¥30.1tJP¥36.4tJP¥2.5t9.5x12.1x0.8x
Tue, 29 Mar 2022JP¥31.3tJP¥36.2tJP¥2.4t9.9x13.3x0.9x
Thu, 24 Feb 2022JP¥29.8tJP¥36.2tJP¥2.4t9.7x12.7x0.8x
Sat, 22 Jan 2022JP¥31.3tJP¥34.9tJP¥2.2t10.1x14.6x0.9x
Mon, 20 Dec 2021JP¥32.9tJP¥34.9tJP¥2.2t10.3x15.3x0.9x
Wed, 17 Nov 2021JP¥33.9tJP¥34.9tJP¥2.2t10.6x15.7x1x
Fri, 15 Oct 2021JP¥32.7tJP¥33.5tJP¥1.7t11.6x19x1x
Sun, 12 Sep 2021JP¥35.9tJP¥33.6tJP¥1.7t12.8x20.8x1.1x
Tue, 10 Aug 2021JP¥32.5tJP¥33.6tJP¥1.7t12.2x18.9x1x
Price to Earnings Ratio

19.2x


Total Market Cap: JP¥33.0tTotal Earnings: JP¥1.7tTotal Revenue: JP¥33.6tTotal 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 22.8x 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 remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 6.7% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Japanese Materials industry?

JP Market2.90%
Materials1.87%
Chemicals2.14%
Diversified Chemicals2.95%
Commodity Chemicals2.75%
Industrial Gases2.52%
Fertilizers and Agricultural Chemicals1.73%
Specialty Chemicals1.66%
Industry PE
  • Investors are most optimistic about the Diversified Chemicals industry which is trading above its 3-year average PE ratio of 19.4x.
    • Analysts are expecting annual earnings growth of 17.9%, which is higher than its past year's earnings growth of 11.9% per year.
  • Investors are most pessimistic about the Fertilizers and Agricultural Chemicals industry, which is trading close to its 3-year average of 10.2x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Chemicals industry, expecting annual earnings growth of 18% over the next 5 years.
  • This is better than its past earnings growth rate of 12% per year.
  • In contrast, the Fertilizers and Agricultural Chemicals industry is expected to see its earnings grow by 2.6% 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
4063 Shin-Etsu ChemicalJP¥6.24k3.6%
+JP¥436.9b		25.7%PE23.9x
4188 Mitsubishi Chemical GroupJP¥917.905.5%
+JP¥67.6b		4.0%PE10.9x
4005 Sumitomo Chemical CompanyJP¥347.606.6%
+JP¥35.3b		-21.5%PS0.2x
4091 Nippon Sanso HoldingsJP¥4.75k1.7%
+JP¥34.2b		49.4%PE19.4x
3402 Toray IndustriesJP¥762.002.2%
+JP¥26.3b		-6.8%PE55.7x
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Latest News

4188

JP¥917.90

Mitsubishi Chemical Group

7D

5.5%

1Y

4.0%

4202

JP¥1,554.00

Daicel

7D

-2.4%

1Y

19.0%

6036

JP¥4,070.00

KeePer Technical Laboratory

7D

-1.8%

1Y

-18.6%

4628

JP¥9,350.00

Sk KakenLtd

7D

12.5%

1Y

23.4%

6988

JP¥12,630.00

Nitto Denko

7D

-1.3%

1Y

18.1%

4612

JP¥1,041.00

Nippon Paint Holdings

7D

-2.1%

1Y

-12.8%

Nippon Paint Holdings' (TSE:4612) Dividend Will Be ¥7.00

Jun 26
Nippon Paint Holdings' (TSE:4612) Dividend Will Be ¥7.00

3401

JP¥1,339.00

Teijin

7D

-3.1%

1Y

-9.2%

4005

JP¥347.60

Sumitomo Chemical Company

7D

6.6%

1Y

-21.5%

4091

JP¥4,745.00

Nippon Sanso Holdings

7D

1.7%

1Y

49.4%

4063

JP¥6,238.00

Shin-Etsu Chemical

7D

3.6%

1Y

25.7%

4631

JP¥3,088.00

DIC

7D

-0.8%

1Y

15.0%

DIC's (TSE:4631) Dividend Will Be ¥50.00

Jun 24
DIC's (TSE:4631) Dividend Will Be ¥50.00

4403

JP¥2,189.50

NOF

7D

2.8%

1Y

6.6%

Is NOF Corporation (TSE:4403) Trading At A 39% Discount?

Jun 20
Is NOF Corporation (TSE:4403) Trading At A 39% Discount?

4186

JP¥4,294.00

Tokyo Ohka Kogyo

7D

-2.6%

1Y

43.9%

4183

JP¥4,417.00

Mitsui Chemicals

7D

2.4%

1Y

2.4%

4205

JP¥1,352.50

Zeon

7D

-1.4%

1Y

-5.2%

3402

JP¥762.00

Toray Industries

7D

2.2%

1Y

-6.8%

Toray Industries, Inc.'s (TSE:3402) P/E Is On The Mark

Jun 14
Toray Industries, Inc.'s (TSE:3402) P/E Is On The Mark