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Japanese (NIKKEI) Chemicals Industry Analysis

UpdatedAug 01, 2024
DataAggregated Company Financials
Companies160
  • 7D3.2%
  • 3M4.7%
  • 1Y19.9%
  • YTD10.8%

The Chemicals industry is up 3.2% in the last week, with Shin-Etsu Chemical up 8.3%. In the same time, DKS was down 6.8%. This takes the industry's 12 month performance to a gain of 20%. 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 02 Aug 2024JP¥40.5tJP¥40.9tJP¥1.8t13.2x23x1x
Sun, 30 Jun 2024JP¥39.5tJP¥40.8tJP¥1.7t13.2x22.7x1x
Tue, 28 May 2024JP¥39.2tJP¥41.2tJP¥1.7t13.1x22.6x1x
Thu, 25 Apr 2024JP¥40.4tJP¥41.0tJP¥1.7t14.3x24x1x
Sat, 23 Mar 2024JP¥42.4tJP¥41.0tJP¥1.7t14.6x25.2x1x
Mon, 19 Feb 2024JP¥39.4tJP¥41.0tJP¥1.7t13.7x23.4x1x
Wed, 17 Jan 2024JP¥38.2tJP¥41.4tJP¥1.7t14.3x23.1x0.9x
Fri, 15 Dec 2023JP¥35.5tJP¥41.4tJP¥1.7t14.1x21.4x0.9x
Sun, 12 Nov 2023JP¥35.5tJP¥41.3tJP¥1.7t13.6x21.4x0.9x
Tue, 10 Oct 2023JP¥33.2tJP¥42.0tJP¥1.8t13.4x18.2x0.8x
Thu, 07 Sep 2023JP¥36.0tJP¥42.0tJP¥1.8t13.8x19.7x0.9x
Sat, 05 Aug 2023JP¥34.4tJP¥42.1tJP¥1.9t13x18x0.8x
Mon, 03 Jul 2023JP¥35.1tJP¥42.5tJP¥2.1t12.8x16.7x0.8x
Wed, 31 May 2023JP¥32.8tJP¥42.4tJP¥2.1t12.2x15.7x0.8x
Fri, 28 Apr 2023JP¥31.5tJP¥42.0tJP¥2.5t10.6x12.6x0.8x
Sun, 26 Mar 2023JP¥31.2tJP¥42.0tJP¥2.5t10.7x12.5x0.7x
Tue, 21 Feb 2023JP¥31.1tJP¥42.0tJP¥2.5t10.8x12.5x0.7x
Thu, 19 Jan 2023JP¥28.5tJP¥40.8tJP¥2.7t9.6x10.4x0.7x
Sat, 17 Dec 2022JP¥29.4tJP¥40.8tJP¥2.7t9.7x10.7x0.7x
Mon, 14 Nov 2022JP¥29.1tJP¥40.7tJP¥2.7t9.7x10.7x0.7x
Wed, 12 Oct 2022JP¥27.9tJP¥39.1tJP¥2.7t9.4x10.2x0.7x
Fri, 09 Sep 2022JP¥30.4tJP¥39.1tJP¥2.7t9.9x11.1x0.8x
Sun, 07 Aug 2022JP¥29.9tJP¥38.4tJP¥2.7t9.7x11x0.8x
Tue, 05 Jul 2022JP¥29.0tJP¥37.5tJP¥2.6t9.4x11.4x0.8x
Thu, 02 Jun 2022JP¥31.1tJP¥37.5tJP¥2.6t9.6x12.2x0.8x
Sat, 30 Apr 2022JP¥30.1tJP¥36.2tJP¥2.4t9.5x12.4x0.8x
Mon, 28 Mar 2022JP¥31.9tJP¥36.2tJP¥2.4t10x13.5x0.9x
Wed, 23 Feb 2022JP¥30.4tJP¥36.2tJP¥2.4t11.5x12.9x0.8x
Fri, 21 Jan 2022JP¥31.7tJP¥34.9tJP¥2.2t10.1x14.7x0.9x
Sun, 19 Dec 2021JP¥32.9tJP¥34.9tJP¥2.2t10.3x15.3x0.9x
Tue, 16 Nov 2021JP¥33.9tJP¥34.9tJP¥2.2t10.6x15.7x1x
Thu, 14 Oct 2021JP¥32.3tJP¥33.5tJP¥1.7t11.7x18.7x1x
Sat, 11 Sep 2021JP¥35.9tJP¥33.6tJP¥1.7t12.8x20.8x1.1x
Mon, 09 Aug 2021JP¥32.5tJP¥33.6tJP¥1.7t12.2x18.9x1x
Price to Earnings Ratio

18.9x


Total Market Cap: JP¥32.5tTotal Earnings: JP¥1.7tTotal Revenue: JP¥33.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Chemicals Industry Price to Earnings3Y Average 16.4x202220232024
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 23.0x which is higher than its 3-year average PE of 16.4x.
  • 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 6.8% 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 Market0.12%
Materials2.76%
Chemicals3.16%
Industrial Gases5.98%
Fertilizers and Agricultural Chemicals3.77%
Specialty Chemicals3.23%
Commodity Chemicals2.78%
Diversified Chemicals2.15%
Industry PE
  • Investors are most optimistic about the Diversified Chemicals industry which is trading above its 3-year average PE ratio of 21.1x.
    • Analysts are expecting annual earnings growth of 19.0%, 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 19% 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 2.3% 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¥6.49k4.1%
+JP¥510.5b		41.2%PE25.3x
4091 Nippon Sanso HoldingsJP¥4.71k7.6%
+JP¥144.6b		40.7%PE18.5x
3407 Asahi KaseiJP¥1.09k5.3%
+JP¥76.9b		16.9%PE34.6x
4188 Mitsubishi Chemical GroupJP¥894.204.3%
+JP¥52.9b		6.2%PE10.6x
3402 Toray IndustriesJP¥785.302.8%
+JP¥34.6b		2.4%PE57.4x
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6988

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2.8%

1Y

2.4%

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4188

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Mitsubishi Chemical Group

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4.3%

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JP¥388.80

Sumitomo Chemical Company

7D

5.3%

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-3.6%

4208

JP¥2,601.00

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