Japanese (NIKKEI) Communications Industry Analysis
UpdatedFeb 03, 2023
DataAggregated Company Financials
Companies17
- 7D0.8%
- 3M0.01%
- 1Y-4.0%
- YTD3.1%
The Communications is pretty flat in the last 7 days, but Allied Telesis Holdings K.K has stood out, gaining 5.5%. Furthermore, the industry has been flat for the past year as well. Earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the Japanese Communications Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 03 Feb 2023 | JP¥189.4b | JP¥305.9b | JP¥15.3b | 11.5x | 12.4x | 0.6x |
| Sun, 01 Jan 2023 | JP¥189.5b | JP¥306.8b | JP¥14.5b | 11.9x | 13.1x | 0.6x |
| Tue, 29 Nov 2022 | JP¥197.8b | JP¥306.6b | JP¥14.4b | 12.6x | 13.7x | 0.6x |
| Thu, 27 Oct 2022 | JP¥193.1b | JP¥301.1b | JP¥15.0b | 11.2x | 12.8x | 0.6x |
| Sat, 24 Sep 2022 | JP¥194.8b | JP¥301.8b | JP¥14.9b | 10.7x | 13x | 0.6x |
| Mon, 22 Aug 2022 | JP¥201.4b | JP¥301.5b | JP¥15.0b | 11.3x | 13.5x | 0.7x |
| Wed, 20 Jul 2022 | JP¥191.3b | JP¥304.9b | JP¥15.3b | 13.5x | 12.5x | 0.6x |
| Fri, 17 Jun 2022 | JP¥189.1b | JP¥305.7b | JP¥16.1b | 12.7x | 11.8x | 0.6x |
| Sun, 15 May 2022 | JP¥187.5b | JP¥320.0b | JP¥18.5b | 13.3x | 10.2x | 0.6x |
| Tue, 12 Apr 2022 | JP¥191.0b | JP¥319.3b | JP¥18.9b | 14.8x | 10.1x | 0.6x |
| Thu, 10 Mar 2022 | JP¥184.3b | JP¥319.3b | JP¥18.9b | 13.7x | 9.8x | 0.6x |
| Sat, 05 Feb 2022 | JP¥193.9b | JP¥330.1b | JP¥23.0b | 8.3x | 8.4x | 0.6x |
| Mon, 03 Jan 2022 | JP¥198.1b | JP¥330.1b | JP¥22.6b | 8.4x | 8.8x | 0.6x |
| Wed, 01 Dec 2021 | JP¥226.2b | JP¥331.5b | JP¥22.7b | n/a | 10x | 0.7x |
| Fri, 29 Oct 2021 | JP¥225.5b | JP¥335.0b | JP¥21.5b | 14.1x | 10.5x | 0.7x |
| Sun, 26 Sep 2021 | JP¥215.0b | JP¥333.7b | JP¥21.1b | 13.6x | 10.2x | 0.6x |
| Tue, 24 Aug 2021 | JP¥192.8b | JP¥333.7b | JP¥21.1b | 13.2x | 9.1x | 0.6x |
| Wed, 30 Jun 2021 | JP¥200.6b | JP¥334.0b | JP¥21.1b | 13.2x | 9.5x | 0.6x |
| Sat, 03 Apr 2021 | JP¥217.4b | JP¥322.5b | JP¥15.9b | 22.8x | 13.7x | 0.7x |
| Tue, 05 Jan 2021 | JP¥205.0b | JP¥323.0b | JP¥5.6b | 24.4x | 36.7x | 0.6x |
| Fri, 09 Oct 2020 | JP¥202.9b | JP¥314.1b | JP¥1.9b | 30.4x | 104.3x | 0.6x |
| Thu, 02 Jul 2020 | JP¥216.2b | JP¥320.6b | JP¥4.7b | 29.7x | 46.2x | 0.7x |
| Sun, 05 Apr 2020 | JP¥181.4b | JP¥329.5b | JP¥6.3b | 18.8x | 28.8x | 0.6x |
Price to Earnings Ratio
24x
Current Industry PE
- Investors are pessimistic on the Japanese Communications 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 12.4x which is lower than its 3-year average PE of 26.2x.
- The industry is trading close to its 3-year average PS ratio of 0.62x.
Past Earnings Growth
- The earnings for companies in the Communications industry have grown 18% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the Japanese Tech industry?
| JP Market | -0.51% | |
| Tech | 0.77% | |
| Communications | 0.83% | |
| Communications Equipment | 0.83% | |
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 | |
|---|---|---|---|---|---|
| 6835 Allied Telesis Holdings K.K | JP¥120.00 | 9.1% +JP¥1.1b | 3.4% | PE1.5x | |
| 6696 TRaaS On Product | JP¥600.00 | 14.7% +JP¥323.1m | 81.3% | n/a | |
| 6715 Nakayo | JP¥1.11k | 3.8% +JP¥182.7m | -1.9% | PS0.3x | |
| 6704 Iwatsu Electric | JP¥762.00 | 2.1% +JP¥159.2m | -7.7% | PE24.2x | |
| 6718 AiphoneLtd | JP¥1.92k | 0.4% +JP¥114.3m | -9.7% | PE11.6x |