Is Now The Time To Put Nippon Sanso Holdings (TSE:4091) On Your Watchlist?
Aug 17
Japanese (NIKKEI) Chemicals Industry Analysis
UpdatedAug 19, 2024
DataAggregated Company Financials
Companies160
- 7D6.4%
- 3M-2.0%
- 1Y17.8%
- YTD4.7%
The Chemicals industry is up 6.4% in the last week, with Shin-Etsu Chemical up 7.3%. This means that the industry has gained 18% over the past year. 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 |
|---|---|---|---|---|---|---|
| Mon, 19 Aug 2024 | JP¥38.3t | JP¥41.5t | JP¥1.9t | 12.1x | 20.2x | 0.9x |
| Wed, 17 Jul 2024 | JP¥40.8t | JP¥40.8t | JP¥1.7t | 13.3x | 23.4x | 1x |
| Fri, 14 Jun 2024 | JP¥39.6t | JP¥41.2t | JP¥1.7t | 12.8x | 22.9x | 1x |
| Sun, 12 May 2024 | JP¥39.5t | JP¥41.0t | JP¥1.8t | 14.2x | 21.5x | 1x |
| Tue, 09 Apr 2024 | JP¥40.2t | JP¥41.0t | JP¥1.7t | 14.3x | 23.9x | 1x |
| Thu, 07 Mar 2024 | JP¥41.1t | JP¥41.0t | JP¥1.7t | 14x | 24.4x | 1x |
| Sat, 03 Feb 2024 | JP¥38.7t | JP¥41.2t | JP¥1.6t | 14.1x | 24.4x | 0.9x |
| Mon, 01 Jan 2024 | JP¥37.8t | JP¥41.4t | JP¥1.7t | 14.1x | 22.8x | 0.9x |
| Wed, 29 Nov 2023 | JP¥36.7t | JP¥41.4t | JP¥1.7t | 14x | 22.1x | 0.9x |
| Fri, 27 Oct 2023 | JP¥32.7t | JP¥42.0t | JP¥1.8t | 13.2x | 17.9x | 0.8x |
| Sun, 24 Sep 2023 | JP¥35.0t | JP¥42.0t | JP¥1.8t | 13.6x | 19.2x | 0.8x |
| Tue, 22 Aug 2023 | JP¥33.8t | JP¥42.0t | JP¥1.8t | 13x | 18.5x | 0.8x |
| Thu, 20 Jul 2023 | JP¥34.7t | JP¥42.5t | JP¥2.1t | 13x | 16.6x | 0.8x |
| Sat, 17 Jun 2023 | JP¥35.2t | JP¥42.5t | JP¥2.1t | 12.8x | 16.8x | 0.8x |
| Mon, 15 May 2023 | JP¥32.0t | JP¥42.3t | JP¥2.2t | 12x | 14.4x | 0.8x |
| Wed, 12 Apr 2023 | JP¥31.1t | JP¥42.0t | JP¥2.5t | 10.7x | 12.5x | 0.7x |
| Fri, 10 Mar 2023 | JP¥32.3t | JP¥42.0t | JP¥2.5t | 11.4x | 13x | 0.8x |
| Sun, 05 Feb 2023 | JP¥29.9t | JP¥41.3t | JP¥2.7t | 9.8x | 11.1x | 0.7x |
| Tue, 03 Jan 2023 | JP¥27.8t | JP¥40.8t | JP¥2.7t | 9.5x | 10.1x | 0.7x |
| Thu, 01 Dec 2022 | JP¥30.0t | JP¥40.8t | JP¥2.7t | 9.9x | 10.9x | 0.7x |
| Sat, 29 Oct 2022 | JP¥27.9t | JP¥39.4t | JP¥2.8t | 9.4x | 9.8x | 0.7x |
| Mon, 26 Sep 2022 | JP¥29.1t | JP¥39.1t | JP¥2.7t | 9.6x | 10.6x | 0.7x |
| Wed, 24 Aug 2022 | JP¥30.3t | JP¥39.1t | JP¥2.7t | 9.8x | 11.1x | 0.8x |
| Fri, 22 Jul 2022 | JP¥29.9t | JP¥37.5t | JP¥2.6t | 9.9x | 11.7x | 0.8x |
| Sun, 19 Jun 2022 | JP¥29.1t | JP¥37.5t | JP¥2.6t | 9.6x | 11.4x | 0.8x |
| Tue, 17 May 2022 | JP¥29.9t | JP¥37.3t | JP¥2.6t | 9.6x | 11.7x | 0.8x |
| Thu, 14 Apr 2022 | JP¥29.7t | JP¥36.2t | JP¥2.4t | 9.2x | 12.6x | 0.8x |
| Sat, 12 Mar 2022 | JP¥28.5t | JP¥36.2t | JP¥2.4t | 9.4x | 12.1x | 0.8x |
| Mon, 07 Feb 2022 | JP¥31.4t | JP¥35.7t | JP¥2.3t | 10.3x | 13.8x | 0.9x |
| Wed, 05 Jan 2022 | JP¥33.4t | JP¥34.9t | JP¥2.2t | 10.3x | 15.5x | 1x |
| Fri, 03 Dec 2021 | JP¥31.4t | JP¥34.9t | JP¥2.2t | 9.9x | 14.6x | 0.9x |
| Sun, 31 Oct 2021 | JP¥33.7t | JP¥33.9t | JP¥1.8t | 11.8x | 18.3x | 1x |
| Tue, 28 Sep 2021 | JP¥34.8t | JP¥33.5t | JP¥1.7t | 12.8x | 20.2x | 1x |
| Thu, 26 Aug 2021 | JP¥32.3t | JP¥33.6t | JP¥1.7t | 12x | 18.8x | 1x |
Price to Earnings Ratio
18.8x
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 20.2x 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 grown 3.1% per year over the last three years.
- Revenues for these companies have grown 7.3% 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 | 7.55% | |
| Materials | 6.41% | |
| Chemicals | 6.43% | |
| Industrial Gases | 8.32% | |
| Commodity Chemicals | 6.52% | |
| Specialty Chemicals | 6.44% | |
| Fertilizers and Agricultural Chemicals | 5.79% | |
| Diversified Chemicals | 5.48% | |
Industry PE
- Investors are most optimistic about the Diversified Chemicals industry which is trading above its 3-year average PE ratio of 21.5x.
- Analysts are expecting annual earnings growth of 18.7%, which is higher than its past year's earnings growth of 16.2% per year.
- Investors are most pessimistic about the Fertilizers and Agricultural Chemicals industry, which is trading below 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 roughly in line with its past earnings growth rate.
- In contrast, the Fertilizers and Agricultural Chemicals industry is expected to see its earnings growth to stay flat 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¥6.38k | 7.3% +JP¥860.9b | 40.9% | PE24.9x | |
| 4091 Nippon Sanso Holdings | JP¥4.71k | 9.3% +JP¥173.1b | 45.1% | PE18.5x | |
| 6988 Nitto Denko | JP¥11.59k | 8.5% +JP¥127.7b | 19.7% | PE13.2x | |
| 3407 Asahi Kasei | JP¥1.02k | 7.4% +JP¥96.9b | 12.2% | PE20.7x | |
| 4183 Mitsui Chemicals | JP¥3.71k | 15.5% +JP¥94.7b | -4.7% | PE12.1x |
