Japanese (NIKKEI) Communications Equipment Industry Analysis
UpdatedApr 27, 2024
DataAggregated Company Financials
Companies16
- 7D1.8%
- 3M-3.5%
- 1Y11.5%
- YTDn/a
The Communications Equipment is pretty flat in the last 7 days, but Future Innovation Group has stood out, gaining 6.8%. As for the the longer term, the industry is up 13% over the past 12 months. Looking forward, earnings are forecast to grow by 5.1% annually.
Industry Valuation and Performance
Has the Japanese Communications Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 28 Apr 2024 | JP¥198.7b | JP¥319.9b | JP¥4.5b | 10.6x | 44.6x | 0.6x |
| Tue, 26 Mar 2024 | JP¥209.9b | JP¥319.9b | JP¥4.6b | 11.3x | 46.1x | 0.7x |
| Thu, 22 Feb 2024 | JP¥197.8b | JP¥320.7b | JP¥5.0b | 10.7x | 39.3x | 0.6x |
| Sat, 20 Jan 2024 | JP¥227.4b | JP¥331.5b | JP¥10.0b | 11x | 22.7x | 0.7x |
| Mon, 18 Dec 2023 | JP¥211.9b | JP¥331.5b | JP¥10.0b | 10x | 21.2x | 0.6x |
| Wed, 15 Nov 2023 | JP¥213.3b | JP¥331.5b | JP¥10.7b | 10.6x | 20x | 0.6x |
| Fri, 13 Oct 2023 | JP¥225.6b | JP¥325.0b | JP¥8.9b | 11.3x | 25.4x | 0.7x |
| Sun, 10 Sep 2023 | JP¥227.5b | JP¥325.4b | JP¥9.4b | 10.1x | 24.1x | 0.7x |
| Tue, 08 Aug 2023 | JP¥215.6b | JP¥319.0b | JP¥7.3b | 12.5x | 29.7x | 0.7x |
| Thu, 06 Jul 2023 | JP¥208.7b | JP¥316.2b | JP¥6.3b | 13.5x | 32.9x | 0.7x |
| Sat, 03 Jun 2023 | JP¥202.1b | JP¥316.1b | JP¥6.4b | 12.9x | 31.7x | 0.6x |
| Mon, 01 May 2023 | JP¥198.7b | JP¥309.5b | JP¥13.0b | 12.6x | 15.2x | 0.6x |
| Wed, 29 Mar 2023 | JP¥191.6b | JP¥311.1b | JP¥13.6b | 12.7x | 14.1x | 0.6x |
| Fri, 24 Feb 2023 | JP¥191.6b | JP¥311.4b | JP¥14.0b | 8.5x | 13.7x | 0.6x |
| Sun, 22 Jan 2023 | JP¥184.8b | JP¥305.6b | JP¥14.9b | 11x | 12.4x | 0.6x |
| Tue, 20 Dec 2022 | JP¥188.7b | JP¥306.8b | JP¥14.5b | 11.7x | 13x | 0.6x |
| Thu, 17 Nov 2022 | JP¥189.1b | JP¥306.6b | JP¥14.4b | 12.2x | 13.1x | 0.6x |
| Sat, 15 Oct 2022 | JP¥191.2b | JP¥301.8b | JP¥14.9b | 10.9x | 12.8x | 0.6x |
| Mon, 12 Sep 2022 | JP¥197.2b | JP¥301.8b | JP¥14.9b | 10.7x | 13.2x | 0.7x |
| Wed, 10 Aug 2022 | JP¥195.8b | JP¥301.4b | JP¥14.3b | 13.2x | 13.7x | 0.6x |
| Fri, 08 Jul 2022 | JP¥191.1b | JP¥305.7b | JP¥16.1b | 13.3x | 11.9x | 0.6x |
| Sun, 05 Jun 2022 | JP¥191.4b | JP¥305.7b | JP¥16.1b | 13.4x | 11.9x | 0.6x |
| Tue, 03 May 2022 | JP¥191.4b | JP¥320.0b | JP¥19.6b | 13.3x | 9.8x | 0.6x |
| Thu, 31 Mar 2022 | JP¥196.6b | JP¥319.3b | JP¥18.9b | 14.2x | 10.4x | 0.6x |
| Sat, 26 Feb 2022 | JP¥186.1b | JP¥319.3b | JP¥18.6b | 13.7x | 10x | 0.6x |
| Mon, 24 Jan 2022 | JP¥190.1b | JP¥330.1b | JP¥22.9b | 8.7x | 8.3x | 0.6x |
| Wed, 22 Dec 2021 | JP¥209.7b | JP¥331.9b | JP¥22.7b | 9.5x | 9.2x | 0.6x |
| Fri, 19 Nov 2021 | JP¥232.6b | JP¥331.5b | JP¥22.7b | 10.7x | 10.3x | 0.7x |
| Sun, 17 Oct 2021 | JP¥215.5b | JP¥334.9b | JP¥21.3b | 13.4x | 10.1x | 0.6x |
| Tue, 14 Sep 2021 | JP¥210.1b | JP¥333.7b | JP¥21.1b | 14x | 9.9x | 0.6x |
| Thu, 12 Aug 2021 | JP¥195.1b | JP¥333.7b | JP¥21.1b | 13.2x | 9.2x | 0.6x |
| Mon, 07 Jun 2021 | JP¥207.9b | JP¥322.7b | JP¥17.3b | 20x | 12x | 0.6x |
Price to Earnings Ratio
12.9x
Current Industry PE
- Investors are optimistic on the Japanese Communications Equipment industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 44.6x which is higher than its 3-year average PE of 17.3x.
- The industry is trading close to its 3-year average PS ratio of 0.64x.
Past Earnings Growth
- The earnings for companies in the Communications Equipment industry have declined 35% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Japanese Communications Equipment compare with similar industries?
| JP Market | 2.20% | |
| Tech | 2.55% | |
| Communications | 1.84% | |
| Communications Equipment | 1.84% | |
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 | |
|---|---|---|---|---|---|
| 4392 Future Innovation Group | JP¥383.00 | 10.1% +JP¥1.1b | 32.5% | PE55x | |
| 6930 Nippon AntennaLtd | JP¥608.00 | 18.8% +JP¥1.0b | 13.2% | PS0.5x | |
| 6659 Media LinksLtd | JP¥100.00 | 7.5% +JP¥974.4m | 88.7% | PS1.5x | |
| 6718 AiphoneLtd | JP¥2.91k | 1.0% +JP¥474.6m | 35.7% | PE10.9x | |
| 6675 SAXA Holdings | JP¥2.85k | 2.5% +JP¥407.4m | 55.1% | PE7.1x |