Japanese (NIKKEI) Electronic Equipment and Components Industry Analysis
UpdatedDec 03, 2023
DataAggregated Company Financials
Companies193
- 7D-0.7%
- 3M2.7%
- 1Y12.7%
- YTD26.4%
Over the last 7 days, the Electronic Equipment and Components industry has remained flat, although notably Macnica Holdings gained 5.0%. The past year has been better, since the industry has gained 13% in that time. Earnings are forecast to grow by 13% annually.
Industry Valuation and Performance
Has the Japanese Electronic Equipment and Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 03 Dec 2023 | JP¥41.6t | JP¥26.3t | JP¥1.6t | 14x | 26.1x | 1.6x |
| Tue, 31 Oct 2023 | JP¥37.6t | JP¥26.3t | JP¥1.7t | 12.7x | 22.6x | 1.4x |
| Thu, 28 Sep 2023 | JP¥39.2t | JP¥26.4t | JP¥1.7t | 13.4x | 22.9x | 1.5x |
| Sat, 26 Aug 2023 | JP¥39.5t | JP¥26.4t | JP¥1.7t | 12.7x | 23.1x | 1.5x |
| Mon, 24 Jul 2023 | JP¥41.7t | JP¥26.3t | JP¥1.8t | 12.5x | 22.9x | 1.6x |
| Wed, 21 Jun 2023 | JP¥43.3t | JP¥26.3t | JP¥1.8t | 12.8x | 23.8x | 1.6x |
| Fri, 19 May 2023 | JP¥41.5t | JP¥26.3t | JP¥1.8t | 12.3x | 22.7x | 1.6x |
| Sun, 16 Apr 2023 | JP¥38.5t | JP¥26.0t | JP¥2.0t | 11.1x | 19.6x | 1.5x |
| Tue, 14 Mar 2023 | JP¥37.8t | JP¥26.0t | JP¥2.0t | 11.5x | 19.2x | 1.5x |
| Thu, 09 Feb 2023 | JP¥37.8t | JP¥25.8t | JP¥2.0t | 10.8x | 19.4x | 1.5x |
| Sat, 07 Jan 2023 | JP¥33.6t | JP¥25.3t | JP¥2.0t | 10.1x | 17.2x | 1.3x |
| Mon, 05 Dec 2022 | JP¥36.9t | JP¥25.3t | JP¥2.0t | 10.9x | 18.9x | 1.5x |
| Wed, 02 Nov 2022 | JP¥36.6t | JP¥24.5t | JP¥2.0t | 11.2x | 18.5x | 1.5x |
| Fri, 30 Sep 2022 | JP¥33.6t | JP¥24.1t | JP¥1.9t | 11.1x | 17.5x | 1.4x |
| Sun, 28 Aug 2022 | JP¥36.6t | JP¥24.1t | JP¥1.9t | 12x | 19.6x | 1.5x |
| Tue, 26 Jul 2022 | JP¥36.1t | JP¥23.4t | JP¥1.8t | 11x | 20.1x | 1.5x |
| Thu, 23 Jun 2022 | JP¥33.3t | JP¥23.4t | JP¥1.8t | 10.9x | 18x | 1.4x |
| Sat, 21 May 2022 | JP¥34.8t | JP¥23.5t | JP¥1.8t | 11.5x | 18.9x | 1.5x |
| Mon, 18 Apr 2022 | JP¥35.3t | JP¥22.9t | JP¥1.7t | 11.7x | 21.3x | 1.5x |
| Wed, 16 Mar 2022 | JP¥33.3t | JP¥22.9t | JP¥1.7t | 11x | 20.2x | 1.5x |
| Fri, 11 Feb 2022 | JP¥38.0t | JP¥22.8t | JP¥1.7t | 12.1x | 23.1x | 1.7x |
| Sun, 09 Jan 2022 | JP¥41.8t | JP¥22.4t | JP¥1.5t | 13.6x | 27.2x | 1.9x |
| Tue, 07 Dec 2021 | JP¥41.9t | JP¥22.3t | JP¥1.5t | 12.6x | 27.3x | 1.9x |
| Thu, 04 Nov 2021 | JP¥41.7t | JP¥22.2t | JP¥1.4t | 13.4x | 29.2x | 1.9x |
| Sat, 02 Oct 2021 | JP¥40.5t | JP¥21.8t | JP¥1.3t | 13.7x | 30.8x | 1.9x |
| Mon, 30 Aug 2021 | JP¥40.0t | JP¥21.8t | JP¥1.3t | 13.8x | 30.4x | 1.8x |
| Tue, 06 Jul 2021 | JP¥37.2t | JP¥21.8t | JP¥1.3t | 14x | 28.3x | 1.7x |
| Fri, 09 Apr 2021 | JP¥35.9t | JP¥20.7t | JP¥1.1t | 15.6x | 33.1x | 1.7x |
| Thu, 31 Dec 2020 | JP¥37.6t | JP¥20.2t | JP¥910.7b | 16.7x | 41.2x | 1.9x |
Price to Earnings Ratio
45.3x
Current Industry PE
- Investors are relatively neutral on the Japanese Electronic 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 25.1x.
- The industry is trading close to its 3-year average PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have grown 27% per year over the last three years.
- Revenues for these companies have grown 9.2% 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 Tech industry?
| JP Market | -0.35% | |
| Tech | 0.29% | |
| Electronic Equipment and Components | -0.69% | |
| Technology Distributors | 2.34% | |
| Electronic Manufacturing Services | -0.48% | |
| Electronic Equipment and Instruments | -0.62% | |
| Electronic Components | -1.23% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Instruments industry even though it's trading below its 3-year average PE ratio of 38.5x.
- Analysts are expecting annual earnings growth of 8.1%, which is lower than the prior year's growth of 20.5% per year.
- Investors are most pessimistic about the Electronic Manufacturing Services industry, which is trading close to its 3-year average of 10.8x.
Forecasted Growth
- Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 18% over the next 5 years.
- This is better than its past earnings decline of 28% per year.
- In contrast, the Technology Distributors industry is expected to see its earnings grow by 6.1% 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 | |
|---|---|---|---|---|---|
| 3132 Macnica Holdings | JP¥7.61k | 5.0% +JP¥21.7b | 126.5% | PE9.2x | |
| 6856 HORIBA | JP¥9.98k | 4.0% +JP¥16.1b | 60.6% | PE10.5x | |
| 8060 Canon Marketing Japan | JP¥3.81k | 2.9% +JP¥14.1b | 28.2% | PE14.2x | |
| 6961 Enplas | JP¥13.50k | 9.5% +JP¥10.3b | 212.9% | PE25.6x | |
| 6762 TDK | JP¥6.76k | 0.4% +JP¥9.9b | 38.7% | PE31.5x |