Does Rengo (TSE:3941) Have A Healthy Balance Sheet?
Apr 22
Japanese (NIKKEI) Paper Packaging Industry Analysis
UpdatedApr 27, 2024
DataAggregated Company Financials
Companies19
- 7D1.0%
- 3M12.3%
- 1Y25.0%
- YTDn/a
Over the last 7 days, the Paper Packaging industry has dropped 1.0%, driven by Rengo declining 1.4%. Over the past 12 months, the industry was up 27%. As for the next few years, earnings are expected to grow by 5.4% per annum.
Industry Valuation and Performance
Has the Japanese Paper Packaging Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 27 Apr 2024 | JP¥553.9b | JP¥1.6t | JP¥60.6b | 10x | 9.1x | 0.3x |
| Mon, 25 Mar 2024 | JP¥574.3b | JP¥1.6t | JP¥60.3b | 10.3x | 9.5x | 0.4x |
| Wed, 21 Feb 2024 | JP¥520.9b | JP¥1.6t | JP¥60.3b | 10.2x | 8.6x | 0.3x |
| Fri, 19 Jan 2024 | JP¥485.9b | JP¥1.6t | JP¥50.1b | 9.4x | 9.7x | 0.3x |
| Sun, 17 Dec 2023 | JP¥463.9b | JP¥1.6t | JP¥49.9b | 8.9x | 9.3x | 0.3x |
| Tue, 14 Nov 2023 | JP¥472.8b | JP¥1.6t | JP¥50.3b | 8.9x | 9.4x | 0.3x |
| Thu, 12 Oct 2023 | JP¥497.2b | JP¥1.6t | JP¥46.3b | 9.5x | 10.7x | 0.3x |
| Sat, 09 Sep 2023 | JP¥493.1b | JP¥1.6t | JP¥46.1b | 9.9x | 10.7x | 0.3x |
| Mon, 07 Aug 2023 | JP¥467.6b | JP¥1.6t | JP¥44.8b | 9.8x | 10.4x | 0.3x |
| Wed, 05 Jul 2023 | JP¥453.1b | JP¥1.6t | JP¥41.5b | 9.4x | 10.9x | 0.3x |
| Fri, 02 Jun 2023 | JP¥427.2b | JP¥1.6t | JP¥41.5b | 8.9x | 10.3x | 0.3x |
| Sun, 30 Apr 2023 | JP¥443.6b | JP¥1.5t | JP¥41.7b | 9.1x | 10.6x | 0.3x |
| Tue, 28 Mar 2023 | JP¥426.8b | JP¥1.5t | JP¥41.8b | 9.2x | 10.2x | 0.3x |
| Thu, 23 Feb 2023 | JP¥427.9b | JP¥1.5t | JP¥41.8b | 8.9x | 10.2x | 0.3x |
| Sat, 21 Jan 2023 | JP¥422.3b | JP¥1.5t | JP¥43.5b | 9x | 9.7x | 0.3x |
| Mon, 19 Dec 2022 | JP¥417.6b | JP¥1.5t | JP¥43.5b | 9.1x | 9.6x | 0.3x |
| Wed, 16 Nov 2022 | JP¥422.5b | JP¥1.5t | JP¥43.5b | 9.4x | 9.7x | 0.3x |
| Fri, 14 Oct 2022 | JP¥399.5b | JP¥1.4t | JP¥43.8b | 9.7x | 9.1x | 0.3x |
| Sun, 11 Sep 2022 | JP¥403.8b | JP¥1.4t | JP¥43.8b | 9.8x | 9.2x | 0.3x |
| Tue, 09 Aug 2022 | JP¥385.4b | JP¥1.4t | JP¥43.8b | 9x | 8.8x | 0.3x |
| Thu, 07 Jul 2022 | JP¥372.4b | JP¥1.4t | JP¥49.2b | 8.9x | 7.6x | 0.3x |
| Sat, 04 Jun 2022 | JP¥365.5b | JP¥1.4t | JP¥49.2b | 9.6x | 7.4x | 0.3x |
| Mon, 02 May 2022 | JP¥385.2b | JP¥1.4t | JP¥52.4b | 9.7x | 7.4x | 0.3x |
| Wed, 30 Mar 2022 | JP¥412.5b | JP¥1.4t | JP¥53.5b | 9.8x | 7.7x | 0.3x |
| Fri, 25 Feb 2022 | JP¥417.1b | JP¥1.4t | JP¥52.4b | 10.1x | 8x | 0.3x |
| Sun, 23 Jan 2022 | JP¥421.7b | JP¥1.4t | JP¥55.6b | 10.9x | 7.6x | 0.3x |
| Tue, 21 Dec 2021 | JP¥421.2b | JP¥1.4t | JP¥55.7b | 11x | 7.6x | 0.3x |
| Thu, 18 Nov 2021 | JP¥420.9b | JP¥1.4t | JP¥55.5b | 11.3x | 7.6x | 0.3x |
| Sat, 16 Oct 2021 | JP¥438.4b | JP¥1.3t | JP¥53.3b | 12.2x | 8.2x | 0.3x |
| Mon, 13 Sep 2021 | JP¥458.6b | JP¥1.3t | JP¥53.3b | 13x | 8.6x | 0.3x |
| Wed, 11 Aug 2021 | JP¥452.8b | JP¥1.3t | JP¥53.3b | 11.8x | 8.5x | 0.3x |
| Sun, 06 Jun 2021 | JP¥446.1b | JP¥1.3t | JP¥46.3b | 11.8x | 9.6x | 0.3x |
Price to Earnings Ratio
9.5x
Current Industry PE
- Investors are relatively neutral on the Japanese Paper Packaging industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 9.1x.
- The industry is trading close to its 3-year average PS ratio of 0.30x.
Past Earnings Growth
- The earnings for companies in the Paper Packaging industry have grown 9.3% per year over the last three years.
- Revenues for these companies have grown 7.4% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Japanese Paper Packaging compare with similar industries?
| JP Market | 2.20% | |
| Materials | 0.32% | |
| Packaging | 0.48% | |
| Paper Packaging | 0.98% | |
| Metal and Glass Containers | 0.14% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 3941 Rengo | JP¥1.17k | 1.0% +JP¥2.7b | 31.9% | PE8x | |
| 7504 Kohsoku | JP¥2.11k | 2.8% +JP¥1.1b | -1.2% | PE13.2x | |
| 3892 Okayama Paper Industries | JP¥1.55k | 6.9% +JP¥462.0m | 70.6% | PE5.8x | |
| 3950 Pack | JP¥3.63k | 0.6% +JP¥380.6m | 16.7% | PE12.2x | |
| 3951 Asahi PrintingLtd | JP¥913.00 | 1.7% +JP¥322.2m | 4.3% | PE13.3x |
