There Is A Reason JFE Holdings, Inc.'s (TSE:5411) Price Is Undemanding
Jul 30
Japanese (NIKKEI) Metals and Mining Industry Analysis
UpdatedJul 31, 2024
DataAggregated Company Financials
Companies63
- 7D-2.0%
- 3M-5.9%
- 1Y2.9%
- YTD1.1%
Over the last 7 days, the Metals and Mining industry has dropped 2.0%, driven by declines in Nippon Steel and Sumitomo Metal Mining of 2.3% and 5.2%, respectively. Meanwhile, Tokyo Steel Manufacturing actually outperformed within the industry, gaining 23% in the last week. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 6.7% per annum.
Industry Valuation and Performance
Has the Japanese Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 31 Jul 2024 | JP¥11.0t | JP¥29.5t | JP¥1.4t | 10.1x | 8x | 0.4x |
| Fri, 28 Jun 2024 | JP¥11.5t | JP¥29.5t | JP¥1.4t | 11.1x | 8.3x | 0.4x |
| Sun, 26 May 2024 | JP¥11.4t | JP¥29.5t | JP¥1.4t | 10.5x | 8.2x | 0.4x |
| Tue, 23 Apr 2024 | JP¥11.5t | JP¥29.4t | JP¥1.4t | 8.9x | 8.2x | 0.4x |
| Thu, 21 Mar 2024 | JP¥11.8t | JP¥29.4t | JP¥1.4t | 9.8x | 8.4x | 0.4x |
| Sat, 17 Feb 2024 | JP¥11.2t | JP¥29.4t | JP¥1.4t | 9x | 8x | 0.4x |
| Mon, 15 Jan 2024 | JP¥11.9t | JP¥30.5t | JP¥1.3t | 9.8x | 8.8x | 0.4x |
| Wed, 13 Dec 2023 | JP¥11.4t | JP¥30.5t | JP¥1.3t | 9.2x | 8.5x | 0.4x |
| Fri, 10 Nov 2023 | JP¥11.2t | JP¥30.6t | JP¥1.3t | 9.1x | 8.5x | 0.4x |
| Sun, 08 Oct 2023 | JP¥11.1t | JP¥30.4t | JP¥1.4t | 9.1x | 8.2x | 0.4x |
| Tue, 05 Sep 2023 | JP¥12.1t | JP¥30.3t | JP¥1.4t | 9.7x | 8.9x | 0.4x |
| Thu, 03 Aug 2023 | JP¥11.4t | JP¥30.1t | JP¥1.6t | 8.5x | 7.3x | 0.4x |
| Sat, 01 Jul 2023 | JP¥10.6t | JP¥30.1t | JP¥1.6t | 8.1x | 6.8x | 0.4x |
| Mon, 29 May 2023 | JP¥9.7t | JP¥30.1t | JP¥1.6t | 7.1x | 6.2x | 0.3x |
| Wed, 26 Apr 2023 | JP¥9.9t | JP¥29.8t | JP¥1.6t | 7.4x | 6x | 0.3x |
| Fri, 24 Mar 2023 | JP¥10.0t | JP¥29.8t | JP¥1.7t | 7.4x | 6.1x | 0.3x |
| Sun, 19 Feb 2023 | JP¥10.2t | JP¥29.8t | JP¥1.7t | 7.2x | 6.2x | 0.3x |
| Tue, 17 Jan 2023 | JP¥9.2t | JP¥28.9t | JP¥1.9t | 6.3x | 4.9x | 0.3x |
| Thu, 15 Dec 2022 | JP¥9.1t | JP¥28.9t | JP¥1.9t | 6.4x | 4.8x | 0.3x |
| Sat, 12 Nov 2022 | JP¥8.8t | JP¥28.9t | JP¥1.9t | 6.2x | 4.6x | 0.3x |
| Mon, 10 Oct 2022 | JP¥8.4t | JP¥27.8t | JP¥2.0t | 6x | 4.3x | 0.3x |
| Wed, 07 Sep 2022 | JP¥8.6t | JP¥27.8t | JP¥2.0t | 6.1x | 4.4x | 0.3x |
| Fri, 05 Aug 2022 | JP¥8.1t | JP¥26.6t | JP¥1.8t | 5.8x | 4.5x | 0.3x |
| Sun, 03 Jul 2022 | JP¥8.0t | JP¥26.4t | JP¥1.8t | 6.1x | 4.5x | 0.3x |
| Tue, 31 May 2022 | JP¥8.9t | JP¥26.4t | JP¥1.8t | 5.9x | 5x | 0.3x |
| Thu, 28 Apr 2022 | JP¥8.4t | JP¥24.8t | JP¥1.7t | 7.2x | 5x | 0.3x |
| Sat, 26 Mar 2022 | JP¥9.6t | JP¥24.7t | JP¥1.7t | 7.9x | 5.7x | 0.4x |
| Mon, 21 Feb 2022 | JP¥8.7t | JP¥24.7t | JP¥1.7t | 7.6x | 5.2x | 0.4x |
| Wed, 19 Jan 2022 | JP¥8.5t | JP¥23.1t | JP¥1.4t | 8.5x | 6.2x | 0.4x |
| Fri, 17 Dec 2021 | JP¥8.1t | JP¥23.0t | JP¥1.4t | 8.6x | 5.9x | 0.4x |
| Sun, 14 Nov 2021 | JP¥8.2t | JP¥22.9t | JP¥1.4t | 9x | 6x | 0.4x |
| Tue, 12 Oct 2021 | JP¥8.2t | JP¥21.3t | JP¥719.9b | 9.9x | 11.4x | 0.4x |
| Thu, 09 Sep 2021 | JP¥9.0t | JP¥21.3t | JP¥718.0b | 10.7x | 12.5x | 0.4x |
| Sat, 07 Aug 2021 | JP¥8.3t | JP¥21.3t | JP¥717.3b | 9.9x | 11.6x | 0.4x |
Price to Earnings Ratio
11.6x
Current Industry PE
- Investors are optimistic on the Japanese Metals and Mining industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 8.0x which is higher than its 3-year average PE of 6.9x.
- The industry is trading close to its 3-year average PS ratio of 0.36x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have grown 24% per year over the last three years.
- Revenues for these companies have grown 11% 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 | -2.57% | |
| Materials | -0.67% | |
| Metals and Mining | -2.04% | |
| Aluminum | 1.20% | |
| Gold | 0% | |
| Silver | 0% | |
| Steel | -1.45% | |
| Copper | -2.70% | |
| Precious Metals and Minerals | -2.74% | |
| Diversified Metals and Mining | -4.24% | |
Industry PE
- Investors are most optimistic about the Gold industry which is trading above its 3-year average PE ratio of 22.8x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Steel industry, which is trading close to its 3-year average of 6.5x.
Forecasted Growth
- Analysts are most optimistic on the Precious Metals and Minerals industry, expecting annual earnings growth of 17% over the next 5 years.
- This is better than its past earnings decline of 22% per year.
- In contrast, the Steel industry is expected to see its earnings grow by 4.8% 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 | |
|---|---|---|---|---|---|
| 5423 Tokyo Steel Manufacturing | JP¥1.92k | 29.5% +JP¥47.3b | 9.1% | PE8.1x | |
| 5471 Daido Steel | JP¥1.51k | 7.7% +JP¥22.9b | 22.6% | PE10.4x | |
| 5411 JFE Holdings | JP¥2.21k | 1.6% +JP¥22.3b | -4.0% | PE7.1x | |
| 5741 UACJ | JP¥4.29k | 5.5% +JP¥10.8b | 52.0% | PE14.9x | |
| 5444 Yamato Kogyo | JP¥7.98k | 1.9% +JP¥9.5b | 14.6% | PE7.3x |
