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Japanese (NIKKEI) Chemicals Industry Analysis
UpdatedOct 19, 2024
DataAggregated Company Financials
Companies160
- 7D-2.3%
- 3M-5.5%
- 1Y19.9%
- YTD5.3%
Over the last 7 days, the Chemicals industry has dropped 2.3%, driven by Shin-Etsu Chemical declining 2.5%. This takes the industry's 12 month performance to a gain of 20%. Looking forward, earnings are forecast to grow by 12% 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 |
|---|---|---|---|---|---|---|
| Sat, 19 Oct 2024 | JP¥38.3t | JP¥41.6t | JP¥1.9t | 11.9x | 20x | 0.9x |
| Mon, 16 Sep 2024 | JP¥36.7t | JP¥41.6t | JP¥1.9t | 12x | 19.2x | 0.9x |
| Wed, 14 Aug 2024 | JP¥37.1t | JP¥41.5t | JP¥1.9t | 11.6x | 19.7x | 0.9x |
| Fri, 12 Jul 2024 | JP¥41.1t | JP¥40.8t | JP¥1.7t | 13.3x | 23.6x | 1x |
| Sun, 09 Jun 2024 | JP¥39.7t | JP¥41.2t | JP¥1.7t | 13x | 22.9x | 1x |
| Tue, 07 May 2024 | JP¥39.6t | JP¥40.9t | JP¥1.7t | 14x | 23.4x | 1x |
| Thu, 04 Apr 2024 | JP¥40.1t | JP¥41.0t | JP¥1.7t | 14.2x | 23.9x | 1x |
| Sat, 02 Mar 2024 | JP¥40.8t | JP¥41.0t | JP¥1.7t | 14.1x | 24.3x | 1x |
| Mon, 29 Jan 2024 | JP¥37.9t | JP¥41.2t | JP¥1.6t | 14.1x | 24x | 0.9x |
| Wed, 27 Dec 2023 | JP¥37.1t | JP¥41.4t | JP¥1.7t | 13.7x | 22.4x | 0.9x |
| Fri, 24 Nov 2023 | JP¥36.7t | JP¥41.4t | JP¥1.7t | 13.7x | 22.2x | 0.9x |
| Sun, 22 Oct 2023 | JP¥33.3t | JP¥42.0t | JP¥1.8t | 13.3x | 18.2x | 0.8x |
| Tue, 19 Sep 2023 | JP¥35.8t | JP¥42.0t | JP¥1.8t | 13.7x | 19.6x | 0.9x |
| Thu, 17 Aug 2023 | JP¥34.0t | JP¥42.0t | JP¥1.8t | 12.9x | 18.6x | 0.8x |
| Sat, 15 Jul 2023 | JP¥34.2t | JP¥42.5t | JP¥2.1t | 12.7x | 16.3x | 0.8x |
| Mon, 12 Jun 2023 | JP¥33.7t | JP¥42.5t | JP¥2.1t | 12.3x | 16.1x | 0.8x |
| Wed, 10 May 2023 | JP¥32.0t | JP¥42.0t | JP¥2.4t | 11.4x | 13.2x | 0.8x |
| Fri, 07 Apr 2023 | JP¥30.7t | JP¥42.0t | JP¥2.5t | 10.5x | 12.3x | 0.7x |
| Sun, 05 Mar 2023 | JP¥31.6t | JP¥42.0t | JP¥2.5t | 11x | 12.7x | 0.8x |
| Tue, 31 Jan 2023 | JP¥30.3t | JP¥41.1t | JP¥2.8t | 9.8x | 10.8x | 0.7x |
| Thu, 29 Dec 2022 | JP¥28.0t | JP¥40.8t | JP¥2.7t | 9.5x | 10.2x | 0.7x |
| Sat, 26 Nov 2022 | JP¥30.3t | JP¥40.8t | JP¥2.7t | 10x | 11.1x | 0.7x |
| Mon, 24 Oct 2022 | JP¥27.6t | JP¥39.1t | JP¥2.7t | 9.3x | 10.1x | 0.7x |
| Wed, 21 Sep 2022 | JP¥29.5t | JP¥39.1t | JP¥2.7t | 9.7x | 10.8x | 0.8x |
| Fri, 19 Aug 2022 | JP¥30.7t | JP¥39.1t | JP¥2.7t | 9.8x | 11.2x | 0.8x |
| Sun, 17 Jul 2022 | JP¥28.7t | JP¥37.5t | JP¥2.6t | 9.4x | 11.2x | 0.8x |
| Tue, 14 Jun 2022 | JP¥30.3t | JP¥37.5t | JP¥2.6t | 9.8x | 11.9x | 0.8x |
| Thu, 12 May 2022 | JP¥30.2t | JP¥36.7t | JP¥2.5t | 9.6x | 12x | 0.8x |
| Sat, 09 Apr 2022 | JP¥30.0t | JP¥36.2t | JP¥2.4t | 9.3x | 12.7x | 0.8x |
| Mon, 07 Mar 2022 | JP¥29.1t | JP¥36.2t | JP¥2.4t | 9.6x | 12.4x | 0.8x |
| Wed, 02 Feb 2022 | JP¥30.9t | JP¥35.1t | JP¥2.2t | 10.2x | 13.9x | 0.9x |
| Fri, 31 Dec 2021 | JP¥32.8t | JP¥34.9t | JP¥2.2t | 10.3x | 15.3x | 0.9x |
| Sun, 28 Nov 2021 | JP¥32.5t | JP¥34.9t | JP¥2.2t | 10.2x | 15.1x | 0.9x |
| Tue, 26 Oct 2021 | JP¥33.1t | JP¥33.5t | JP¥1.7t | 11.8x | 19.2x | 1x |
Price to Earnings Ratio
19.2x
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 20.0x 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 grown 3.5% per year over the last three years.
- Revenues for these companies have grown 7.5% 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 | -0.70% | |
| Materials | -2.03% | |
| Chemicals | -2.28% | |
| Fertilizers and Agricultural Chemicals | -0.074% | |
| Industrial Gases | -1.79% | |
| Diversified Chemicals | -2.04% | |
| Commodity Chemicals | -2.37% | |
| Specialty Chemicals | -2.41% | |
Industry PE
- Investors are most optimistic about the Diversified Chemicals industry which is trading above its 3-year average PE ratio of 22.6x.
- Analysts are expecting annual earnings growth of 19.0%, 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 close to its 3-year average of 9.9x.
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 grow by 2.4% 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 | |
|---|---|---|---|---|---|
| 4186 Tokyo Ohka Kogyo | JP¥3.63k | 1.1% +JP¥4.8b | 26.4% | PE26.6x | |
| 4617 Chugoku Marine Paints | JP¥2.09k | 3.8% +JP¥3.8b | 59.0% | PE7.9x | |
| 4095 Nihon Parkerizing | JP¥1.33k | 2.5% +JP¥3.8b | 21.6% | PE11.2x | |
| 4956 Konishi | JP¥1.31k | 3.8% +JP¥3.3b | 20.5% | PE12.3x | |
| 7995 Valqua | JP¥3.41k | 2.7% +JP¥1.6b | -14.4% | PE12.4x |
