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Japanese (NIKKEI) Chemicals Industry Analysis
UpdatedJul 16, 2024
DataAggregated Company Financials
Companies160
- 7D2.8%
- 3M3.8%
- 1Y23.7%
- YTD11.5%
Over the last 7 days, the Chemicals industry has risen 2.8%, driven by gains from Shin-Etsu Chemical of 1.3%. In the last 12 months, the industry was up 24%. Looking forward, earnings are forecast to grow by 13% annually.
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 |
|---|---|---|---|---|---|---|
| Tue, 16 Jul 2024 | JP¥40.7t | JP¥40.8t | JP¥1.7t | 13.2x | 23.4x | 1x |
| Thu, 13 Jun 2024 | JP¥40.0t | JP¥41.2t | JP¥1.7t | 13x | 23.1x | 1x |
| Sat, 11 May 2024 | JP¥39.5t | JP¥40.9t | JP¥1.7t | 14.1x | 23.3x | 1x |
| Mon, 08 Apr 2024 | JP¥40.1t | JP¥41.0t | JP¥1.7t | 14.1x | 23.8x | 1x |
| Wed, 06 Mar 2024 | JP¥40.9t | JP¥41.0t | JP¥1.7t | 13.9x | 24.3x | 1x |
| Fri, 02 Feb 2024 | JP¥38.3t | JP¥41.2t | JP¥1.6t | 14.2x | 24.3x | 0.9x |
| Sun, 31 Dec 2023 | JP¥37.8t | JP¥41.4t | JP¥1.7t | 14.1x | 22.8x | 0.9x |
| Tue, 28 Nov 2023 | JP¥36.7t | JP¥41.4t | JP¥1.7t | 13.9x | 22.2x | 0.9x |
| Thu, 26 Oct 2023 | JP¥33.3t | JP¥42.0t | JP¥1.8t | 13.4x | 18.3x | 0.8x |
| Sat, 23 Sep 2023 | JP¥35.0t | JP¥42.0t | JP¥1.8t | 13.6x | 19.2x | 0.8x |
| Mon, 21 Aug 2023 | JP¥33.8t | JP¥42.0t | JP¥1.8t | 13x | 18.5x | 0.8x |
| Wed, 19 Jul 2023 | JP¥34.4t | JP¥42.5t | JP¥2.1t | 12.8x | 16.4x | 0.8x |
| Fri, 16 Jun 2023 | JP¥35.0t | JP¥42.5t | JP¥2.1t | 12.6x | 16.7x | 0.8x |
| Sun, 14 May 2023 | JP¥32.0t | JP¥42.2t | JP¥2.2t | 11.9x | 14.4x | 0.8x |
| Tue, 11 Apr 2023 | JP¥30.9t | JP¥42.0t | JP¥2.5t | 10.7x | 12.4x | 0.7x |
| Thu, 09 Mar 2023 | JP¥32.0t | JP¥42.0t | JP¥2.5t | 11.3x | 12.9x | 0.8x |
| Sat, 04 Feb 2023 | JP¥29.9t | JP¥41.2t | JP¥2.7t | 9.7x | 10.9x | 0.7x |
| Mon, 02 Jan 2023 | JP¥27.8t | JP¥40.8t | JP¥2.7t | 9.5x | 10.1x | 0.7x |
| Wed, 30 Nov 2022 | JP¥29.9t | JP¥40.8t | JP¥2.7t | 10x | 10.9x | 0.7x |
| Fri, 28 Oct 2022 | JP¥28.1t | JP¥39.2t | JP¥2.7t | 9.4x | 10.2x | 0.7x |
| Sun, 25 Sep 2022 | JP¥29.1t | JP¥39.1t | JP¥2.7t | 9.6x | 10.6x | 0.7x |
| Tue, 23 Aug 2022 | JP¥30.6t | JP¥39.1t | JP¥2.7t | 9.9x | 11.1x | 0.8x |
| Thu, 21 Jul 2022 | JP¥29.9t | JP¥37.5t | JP¥2.6t | 9.7x | 11.7x | 0.8x |
| Sat, 18 Jun 2022 | JP¥29.1t | JP¥37.5t | JP¥2.6t | 9.6x | 11.4x | 0.8x |
| Mon, 16 May 2022 | JP¥30.3t | JP¥36.8t | JP¥2.5t | 9.8x | 11.9x | 0.8x |
| Wed, 13 Apr 2022 | JP¥29.2t | JP¥36.2t | JP¥2.4t | 9.2x | 12.4x | 0.8x |
| Fri, 11 Mar 2022 | JP¥29.1t | JP¥36.2t | JP¥2.4t | 9.3x | 12.4x | 0.8x |
| Sun, 06 Feb 2022 | JP¥31.4t | JP¥35.7t | JP¥2.3t | 10.3x | 13.8x | 0.9x |
| Tue, 04 Jan 2022 | JP¥32.8t | JP¥34.9t | JP¥2.2t | 10.3x | 15.3x | 0.9x |
| Thu, 02 Dec 2021 | JP¥31.7t | JP¥34.9t | JP¥2.2t | 10x | 14.8x | 0.9x |
| Sat, 30 Oct 2021 | JP¥33.7t | JP¥33.9t | JP¥1.8t | 11.8x | 18.3x | 1x |
| Mon, 27 Sep 2021 | JP¥35.2t | JP¥33.5t | JP¥1.7t | 12.9x | 20.4x | 1.1x |
| Wed, 25 Aug 2021 | JP¥32.5t | JP¥33.6t | JP¥1.7t | 12x | 18.9x | 1x |
Price to Earnings Ratio
19.1x
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 23.4x which is higher than its 3-year average PE of 16.3x.
- 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 Market | 1.03% | |
| Materials | 2.30% | |
| Chemicals | 2.77% | |
| Industrial Gases | 7.07% | |
| Fertilizers and Agricultural Chemicals | 2.93% | |
| Specialty Chemicals | 2.78% | |
| Diversified Chemicals | 2.40% | |
| Commodity Chemicals | 1.68% | |
Industry PE
- Investors are most optimistic about the Diversified Chemicals industry which is trading above its 3-year average PE ratio of 20.2x.
- Analysts are expecting annual earnings growth of 18.2%, 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 2.1% 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 | |
|---|---|---|---|---|---|
| 4063 Shin-Etsu Chemical | JP¥6.71k | 1.3% +JP¥177.4b | 43.2% | PE25.7x | |
| 4091 Nippon Sanso Holdings | JP¥4.94k | 3.0% +JP¥62.8b | 62.6% | PE20.2x | |
| 6988 Nitto Denko | JP¥13.55k | 3.3% +JP¥61.1b | 35.0% | PE18.5x | |
| 4966 C.UyemuraLtd | JP¥11.88k | 8.0% +JP¥14.2b | 30.5% | PE17.5x | |
| 4612 Nippon Paint Holdings | JP¥1.00k | 0.6% +JP¥13.6b | -13.5% | PE19.1x |
