There Is A Reason Oi Electric Co., Ltd.'s (TSE:6822) Price Is Undemanding
Feb 16
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- 7D-1.4%
- 3M7.9%
- 1Y30.4%
- YTD6.3%
Over the last 7 days, the Communications industry has dropped 1.4%, driven by pullbacks in Icom and Tamagawa Holdings of 2.8% and 12%, respectively. Over the past 12 months, the industry was up 30%. Earnings are forecast to grow by 23% 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 |
|---|---|---|---|---|---|---|
| Sun, 29 Mar 2026 | JP¥225.6b | JP¥292.2b | JP¥14.1b | 11.6x | 16x | 0.8x |
| Tue, 24 Feb 2026 | JP¥235.8b | JP¥290.8b | JP¥13.5b | 15.8x | 17.5x | 0.8x |
| Thu, 22 Jan 2026 | JP¥222.5b | JP¥291.9b | JP¥13.9b | 17x | 16x | 0.8x |
| Sat, 20 Dec 2025 | JP¥205.5b | JP¥291.8b | JP¥13.6b | 16.5x | 15.1x | 0.7x |
| Mon, 17 Nov 2025 | JP¥201.6b | JP¥300.0b | JP¥16.0b | 11.3x | 12.6x | 0.7x |
| Wed, 15 Oct 2025 | JP¥202.3b | JP¥297.2b | JP¥16.1b | 11.5x | 12.6x | 0.7x |
| Fri, 12 Sep 2025 | JP¥210.5b | JP¥297.3b | JP¥16.2b | 11.2x | 13x | 0.7x |
| Sun, 10 Aug 2025 | JP¥204.0b | JP¥294.7b | JP¥15.4b | 9.6x | 13.3x | 0.7x |
| Tue, 08 Jul 2025 | JP¥191.8b | JP¥295.3b | JP¥17.0b | 12.2x | 11.3x | 0.6x |
| Thu, 05 Jun 2025 | JP¥200.1b | JP¥312.5b | JP¥16.9b | 12.5x | 11.9x | 0.6x |
| Sat, 03 May 2025 | JP¥182.1b | JP¥305.1b | JP¥12.5b | 8.4x | 14.6x | 0.6x |
| Mon, 31 Mar 2025 | JP¥190.9b | JP¥304.7b | JP¥12.4b | 8.7x | 15.4x | 0.6x |
| Wed, 26 Feb 2025 | JP¥201.1b | JP¥303.1b | JP¥11.6b | 8.5x | 17.4x | 0.7x |
| Fri, 24 Jan 2025 | JP¥170.8b | JP¥297.9b | JP¥4.6b | 11.8x | 36.8x | 0.6x |
| Sun, 22 Dec 2024 | JP¥167.5b | JP¥297.1b | JP¥4.0b | 11.8x | 41.9x | 0.6x |
| Tue, 19 Nov 2024 | JP¥173.3b | JP¥297.1b | JP¥4.0b | 12.5x | 43.5x | 0.6x |
| Thu, 17 Oct 2024 | JP¥180.7b | JP¥299.5b | JP¥5.1b | 11.6x | 35.1x | 0.6x |
| Sat, 14 Sep 2024 | JP¥171.6b | JP¥299.0b | JP¥4.7b | 10.3x | 36.2x | 0.6x |
| Mon, 12 Aug 2024 | JP¥188.8b | JP¥318.8b | JP¥3.2b | 11.2x | 58.6x | 0.6x |
| Wed, 10 Jul 2024 | JP¥217.9b | JP¥318.4b | JP¥5.2b | 13.2x | 42.3x | 0.7x |
| Fri, 07 Jun 2024 | JP¥208.6b | JP¥318.7b | JP¥5.3b | 13x | 39.7x | 0.7x |
| Sun, 05 May 2024 | JP¥200.5b | JP¥319.9b | JP¥4.5b | 10.6x | 45x | 0.6x |
| Tue, 02 Apr 2024 | JP¥202.6b | JP¥319.9b | JP¥4.6b | 11x | 44.5x | 0.6x |
| Thu, 29 Feb 2024 | JP¥202.5b | JP¥320.7b | JP¥5.0b | 11.2x | 40.2x | 0.6x |
| Sat, 27 Jan 2024 | JP¥229.7b | JP¥331.3b | JP¥8.5b | 14x | 27x | 0.7x |
| Mon, 25 Dec 2023 | JP¥219.1b | JP¥331.5b | JP¥10.0b | 10.1x | 21.9x | 0.7x |
| Wed, 22 Nov 2023 | JP¥214.8b | JP¥331.7b | JP¥10.1b | 10.5x | 21.3x | 0.6x |
| Fri, 20 Oct 2023 | JP¥222.6b | JP¥324.9b | JP¥8.9b | 11x | 25x | 0.7x |
| Sun, 17 Sep 2023 | JP¥227.8b | JP¥325.0b | JP¥8.9b | 9.4x | 25.6x | 0.7x |
| Tue, 15 Aug 2023 | JP¥217.1b | JP¥324.9b | JP¥10.3b | 10.4x | 21.2x | 0.7x |
| Thu, 13 Jul 2023 | JP¥205.1b | JP¥316.2b | JP¥6.3b | 13.2x | 32.4x | 0.6x |
| Sat, 10 Jun 2023 | JP¥202.8b | JP¥316.2b | JP¥6.3b | 13.1x | 32x | 0.6x |
| Mon, 08 May 2023 | JP¥201.1b | JP¥309.5b | JP¥13.0b | 12.8x | 15.4x | 0.6x |
| Wed, 05 Apr 2023 | JP¥197.5b | JP¥311.1b | JP¥13.6b | 13x | 14.5x | 0.6x |
Price to Earnings Ratio
14.5x
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 16.0x which is lower than its 3-year average PE of 26.1x.
- The industry is trading close to its 3-year average PS ratio of 0.66x.
Past Earnings Growth
- The earnings for companies in the Communications industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have declined 2.1% per year.
- This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.
Industry Trends
Which industries have driven the changes within the Japanese Tech industry?
| JP Market | 0.86% | |
| Tech | -2.26% | |
| Communications | -1.38% | |
| Communications Equipment | -1.38% | |
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 | |
|---|---|---|---|---|---|
| 6718 AiphoneLtd | JP¥2.83k | 1.8% +JP¥802.0m | 6.1% | PE17.9x | |
| 4392 Future Innovation Group | JP¥322.00 | 4.5% +JP¥425.2m | 17.5% | PE12.5x |