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Japanese (NIKKEI) Steel Industry Analysis

UpdatedFeb 17, 2024
DataAggregated Company Financials
Companies42
  • 7D0.2%
  • 3M5.8%
  • 1Y32.4%
  • YTDn/a

Over the last 7 days, the Steel industry has dropped 2.8%, driven by a pullback from Nippon Steel of 1.5%. Over the past 12 months, the industry was up 33%. As for the next few years, earnings are expected to grow by 3.4% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 17 Feb 2024JP¥8.2tJP¥22.3tJP¥1.2t8.3x6.6x0.4x
Mon, 15 Jan 2024JP¥8.8tJP¥23.4tJP¥1.3t7.7x7.1x0.4x
Wed, 13 Dec 2023JP¥8.5tJP¥23.4tJP¥1.3t7.3x6.8x0.4x
Fri, 10 Nov 2023JP¥8.4tJP¥23.3tJP¥1.2t7.3x7x0.4x
Sun, 08 Oct 2023JP¥8.3tJP¥23.1tJP¥1.2t7x6.8x0.4x
Tue, 05 Sep 2023JP¥9.0tJP¥23.1tJP¥1.2t7.3x7.4x0.4x
Thu, 03 Aug 2023JP¥8.3tJP¥22.7tJP¥1.3t6.9x6.4x0.4x
Sat, 01 Jul 2023JP¥7.6tJP¥22.7tJP¥1.3t7x5.9x0.3x
Mon, 29 May 2023JP¥6.9tJP¥22.7tJP¥1.3t6.2x5.4x0.3x
Wed, 26 Apr 2023JP¥6.8tJP¥22.3tJP¥1.2t6.8x5.5x0.3x
Fri, 24 Mar 2023JP¥7.0tJP¥22.3tJP¥1.3t6.8x5.6x0.3x
Sun, 19 Feb 2023JP¥7.1tJP¥22.3tJP¥1.3t6.7x5.7x0.3x
Tue, 17 Jan 2023JP¥6.2tJP¥21.5tJP¥1.4t6x4.5x0.3x
Thu, 15 Dec 2022JP¥6.0tJP¥21.5tJP¥1.4t5.8x4.4x0.3x
Sat, 12 Nov 2022JP¥5.8tJP¥21.5tJP¥1.4t5.4x4.3x0.3x
Mon, 10 Oct 2022JP¥5.6tJP¥20.6tJP¥1.4t5.7x4.1x0.3x
Wed, 07 Sep 2022JP¥5.8tJP¥20.6tJP¥1.4t5.8x4.2x0.3x
Fri, 05 Aug 2022JP¥5.3tJP¥19.6tJP¥1.3t5.6x4.2x0.3x
Sun, 03 Jul 2022JP¥5.3tJP¥19.4tJP¥1.2t6.5x4.3x0.3x
Tue, 31 May 2022JP¥5.8tJP¥19.4tJP¥1.2t6.7x4.7x0.3x
Thu, 28 Apr 2022JP¥5.3tJP¥18.2tJP¥1.2t7.4x4.6x0.3x
Sat, 26 Mar 2022JP¥5.9tJP¥18.1tJP¥1.1t8.3x5.2x0.3x
Mon, 21 Feb 2022JP¥5.6tJP¥18.1tJP¥1.1t8.2x4.9x0.3x
Wed, 19 Jan 2022JP¥5.5tJP¥16.8tJP¥907.1b9.1x6.1x0.3x
Fri, 17 Dec 2021JP¥5.4tJP¥16.8tJP¥904.7b9x5.9x0.3x
Sun, 14 Nov 2021JP¥5.4tJP¥16.8tJP¥904.0b9.3x6x0.3x
Tue, 12 Oct 2021JP¥5.5tJP¥15.5tJP¥380.6b11x14.4x0.4x
Thu, 09 Sep 2021JP¥6.1tJP¥15.5tJP¥379.1b11.8x16.2x0.4x
Sat, 07 Aug 2021JP¥5.5tJP¥15.5tJP¥378.4b10.2x14.7x0.4x
Fri, 30 Apr 2021JP¥5.4tJP¥14.5tJP¥3.2b11.8x1688.7x0.4x
Price to Earnings Ratio

-8.4x


Total Market Cap: JP¥4.5tTotal Earnings: -JP¥533,869,500,000.00Total Revenue: JP¥14.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Steel Industry Price to Earnings3Y Average 130.9x202220232024
Current Industry PE
  • Investors are pessimistic on the Japanese Steel industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 6.5x which is lower than its 3-year average PE of 131x.
  • The industry is trading close to its 3-year average PS ratio of 0.33x.
Past Earnings Growth
  • Total earnings for the Steel industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 15% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Comparison

How does Japanese Steel compare with similar industries?

JP Market2.41%
Materials2.18%
Metals and Mining0.23%
Steel0.20%
Diversified Metals and Mining0.90%
Precious Metals and Minerals0.36%
Copper0.11%
Silver0%
Aluminum-3.19%
Gold-3.33%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
5411 JFE HoldingsJP¥2.29k2.4%
+JP¥34.7b
34.5%PE8x
5471 Daido SteelJP¥1.72k5.4%
+JP¥18.8b
67.1%PE12.7x
5463 Maruichi Steel TubeJP¥4.03k4.8%
+JP¥14.6b
43.6%PE12.7x
5444 Yamato KogyoJP¥8.46k1.5%
+JP¥7.8b
60.5%PE8.4x
5451 Yodogawa Steel WorksJP¥4.22k6.7%
+JP¥7.7b
61.5%PE12.4x
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Latest News

5471

JP¥1,721.00

Daido Steel

7D

5.4%

1Y

67.1%

5563

JP¥300.00

Nippon Denko

7D

-2.3%

1Y

-18.0%

5401

JP¥3,502.00

Nippon Steel

7D

-1.5%

1Y

14.8%

5632

JP¥1,390.00

Mitsubishi Steel Mfg

7D

-4.9%

1Y

14.4%

5406

JP¥1,979.00

Kobe Steel

7D

-3.7%

1Y

125.7%

5602

JP¥3,255.00

KurimotoLtd

7D

-6.6%

1Y

61.7%

5981

JP¥1,535.00

Tokyo Rope Mfg

7D

15.0%

1Y

22.5%

5463

JP¥4,033.00

Maruichi Steel Tube

7D

4.8%

1Y

43.6%

5451

JP¥4,220.00

Yodogawa Steel Works

7D

6.7%

1Y

61.5%

5411

JP¥2,292.50

JFE Holdings

7D

2.4%

1Y

34.5%

5440

JP¥2,269.00

Kyoei Steel

7D

3.5%

1Y

45.5%

5464

JP¥4,760.00

Mory Industries

7D

-2.0%

1Y

61.6%

5444

JP¥8,460.00

Yamato Kogyo

7D

1.5%

1Y

60.5%

5449

JP¥2,365.00

Osaka Steel

7D

3.8%

1Y

79.8%

5423

JP¥1,704.00

Tokyo Steel Manufacturing

7D

-0.8%

1Y

13.7%

7485

JP¥14,410.00

Okaya

7D

-0.5%

1Y

37.8%