An Intrinsic Calculation For Yokogawa Electric Corporation (TSE:6841) Suggests It's 29% Undervalued
Feb 19
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Japanese (NIKKEI) Electronic Equipment and Components Industry Analysis
UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies184
- 7D-2.3%
- 3M-2.5%
- 1Y-9.5%
- YTD-2.3%
Over the last 7 days, the Electronic Equipment and Components industry has risen 1.3%, driven by gains from Kyocera of 1.8%. In contrast, the industry has lost 6.9% in the last 12 months. Looking forward, 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 |
|---|---|---|---|---|---|---|
| Fri, 21 Feb 2025 | JP¥40.7t | JP¥26.2t | JP¥1.7t | 12.9x | 24x | 1.6x |
| Sun, 19 Jan 2025 | JP¥41.5t | JP¥26.2t | JP¥1.7t | 12.8x | 25.1x | 1.6x |
| Tue, 17 Dec 2024 | JP¥41.7t | JP¥25.5t | JP¥1.6t | 13.4x | 25.9x | 1.6x |
| Thu, 14 Nov 2024 | JP¥42.2t | JP¥26.0t | JP¥1.6t | 13.2x | 25.9x | 1.6x |
| Sat, 12 Oct 2024 | JP¥43.9t | JP¥25.8t | JP¥1.7t | 12.5x | 26.4x | 1.7x |
| Mon, 09 Sep 2024 | JP¥41.9t | JP¥25.8t | JP¥1.7t | 12.2x | 25.1x | 1.6x |
| Wed, 07 Aug 2024 | JP¥40.3t | JP¥25.7t | JP¥1.6t | 11.3x | 24.6x | 1.6x |
| Fri, 05 Jul 2024 | JP¥48.5t | JP¥25.6t | JP¥1.6t | 13.5x | 31.1x | 1.9x |
| Sun, 02 Jun 2024 | JP¥44.0t | JP¥25.5t | JP¥1.5t | 12.9x | 28.7x | 1.7x |
| Tue, 30 Apr 2024 | JP¥43.7t | JP¥25.5t | JP¥1.5t | 13.8x | 28.8x | 1.7x |
| Thu, 28 Mar 2024 | JP¥44.7t | JP¥25.8t | JP¥1.5t | 14.6x | 29.2x | 1.7x |
| Sat, 24 Feb 2024 | JP¥44.8t | JP¥25.8t | JP¥1.5t | 14x | 29.3x | 1.7x |
| Mon, 22 Jan 2024 | JP¥44.0t | JP¥26.3t | JP¥1.6t | 14.4x | 27.5x | 1.7x |
| Wed, 20 Dec 2023 | JP¥41.4t | JP¥26.3t | JP¥1.6t | 13.8x | 26x | 1.6x |
| Fri, 17 Nov 2023 | JP¥41.5t | JP¥26.3t | JP¥1.6t | 13.4x | 26x | 1.6x |
| Sun, 15 Oct 2023 | JP¥39.3t | JP¥26.4t | JP¥1.7t | 12.8x | 23x | 1.5x |
| Tue, 12 Sep 2023 | JP¥39.5t | JP¥26.4t | JP¥1.7t | 13.1x | 23.1x | 1.5x |
| Thu, 10 Aug 2023 | JP¥39.7t | JP¥26.4t | JP¥1.7t | 12.4x | 23.1x | 1.5x |
| Sat, 08 Jul 2023 | JP¥41.7t | JP¥26.3t | JP¥1.8t | 12.7x | 22.9x | 1.6x |
| Mon, 05 Jun 2023 | JP¥42.7t | JP¥26.3t | JP¥1.8t | 12.3x | 23.4x | 1.6x |
| Wed, 03 May 2023 | JP¥39.2t | JP¥26.0t | JP¥1.8t | 11.7x | 21.2x | 1.5x |
| Fri, 31 Mar 2023 | JP¥38.8t | JP¥26.0t | JP¥2.0t | 11.1x | 19.7x | 1.5x |
| Sun, 26 Feb 2023 | JP¥36.7t | JP¥26.0t | JP¥2.0t | 11.2x | 18.6x | 1.4x |
| Tue, 24 Jan 2023 | JP¥36.4t | JP¥25.3t | JP¥2.0t | 10.7x | 18.6x | 1.4x |
| Thu, 22 Dec 2022 | JP¥33.8t | JP¥25.3t | JP¥2.0t | 10.2x | 17.3x | 1.3x |
| Sat, 19 Nov 2022 | JP¥37.6t | JP¥25.3t | JP¥2.0t | 11.1x | 19.3x | 1.5x |
| Mon, 17 Oct 2022 | JP¥34.1t | JP¥24.2t | JP¥1.9t | 11.2x | 17.8x | 1.4x |
| Wed, 14 Sep 2022 | JP¥36.9t | JP¥24.1t | JP¥1.9t | 11.7x | 19.2x | 1.5x |
| Fri, 12 Aug 2022 | JP¥36.1t | JP¥24.0t | JP¥1.9t | 11.7x | 18.9x | 1.5x |
| Sun, 10 Jul 2022 | JP¥33.8t | JP¥23.4t | JP¥1.8t | 10.7x | 18.8x | 1.4x |
| Tue, 07 Jun 2022 | JP¥36.2t | JP¥23.4t | JP¥1.8t | 11.8x | 19.7x | 1.5x |
| Thu, 05 May 2022 | JP¥35.2t | JP¥23.2t | JP¥1.7t | 11.8x | 20.6x | 1.5x |
| Sat, 02 Apr 2022 | JP¥37.1t | JP¥22.9t | JP¥1.7t | 12x | 22.5x | 1.6x |
| Mon, 28 Feb 2022 | JP¥35.5t | JP¥22.9t | JP¥1.7t | 11.5x | 21.5x | 1.6x |
Price to Earnings Ratio
21.5x
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 23.3x.
- 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 remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 4.5% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Japanese Tech industry?
| JP Market | -1.26% | |
| Tech | -0.75% | |
| Electronic Equipment and Components | -2.26% | |
| Electronic Components | -1.84% | |
| Technology Distributors | -2.48% | |
| Electronic Equipment and Instruments | -2.54% | |
| Electronic Manufacturing Services | -8.82% | |
Industry PE
- Investors are most optimistic about the Electronic Components industry which is trading above its 3-year average PE ratio of 22.6x.
- Analysts are expecting annual earnings growth of 17.6%, which is higher than its past year's earnings growth of 12.6% per year.
- Investors are most pessimistic about the Electronic Manufacturing Services industry, which is trading close to its 3-year average of 11.5x.
Forecasted Growth
- Analysts are most optimistic on the Electronic Manufacturing Services industry, expecting annual earnings growth of 34% over the next 5 years.
- This is better than its past earnings decline of 37% per year.
- In contrast, the Electronic Equipment and Instruments industry is expected to see its earnings grow by 9.5% 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 | |
|---|---|---|---|---|---|
| 6981 Murata Manufacturing | JP¥2.72k | 0.9% +JP¥42.8b | -10.2% | PE24.4x | |
| 6645 OMRON | JP¥4.65k | 3.0% +JP¥27.0b | -19.5% | PE123.1x | |
| 268A Rigaku Holdings | JP¥1.10k | 10.0% +JP¥22.5b | n/a | PE18.1x | |
| 6856 HORIBA | JP¥10.02k | 2.8% +JP¥11.5b | -31.9% | PE12.5x | |
| 4062 IbidenLtd | JP¥3.81k | 2.1% +JP¥10.7b | -49.1% | PE18.4x |
