Here's Why We Think Keyence (TSE:6861) Might Deserve Your Attention Today
Nov 18
Have your own idea? Try our Stock Screener
Japanese (NIKKEI) Electronic Equipment and Components Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies186
- 7D-1.3%
- 3M-7.0%
- 1Y-0.1%
- YTD0.6%
Over the last 7 days, the Electronic Equipment and Components industry has dropped 2.7%, driven by a pullback from TDK of 4.8%. Over the last year, the industry has been flat overall. 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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | JP¥41.6t | JP¥26.0t | JP¥1.6t | 13.5x | 25.4x | 1.6x |
| Sat, 19 Oct 2024 | JP¥42.7t | JP¥25.8t | JP¥1.7t | 12.3x | 25.7x | 1.7x |
| Mon, 16 Sep 2024 | JP¥42.0t | JP¥25.8t | JP¥1.7t | 12.2x | 25.2x | 1.6x |
| Wed, 14 Aug 2024 | JP¥42.1t | JP¥25.8t | JP¥1.6t | 11.9x | 25.7x | 1.6x |
| Fri, 12 Jul 2024 | JP¥49.8t | JP¥25.6t | JP¥1.6t | 13.5x | 31.9x | 1.9x |
| Sun, 09 Jun 2024 | JP¥44.0t | JP¥25.4t | JP¥1.5t | 12.8x | 28.7x | 1.7x |
| Tue, 07 May 2024 | JP¥43.3t | JP¥25.5t | JP¥1.5t | 13.9x | 28.3x | 1.7x |
| Thu, 04 Apr 2024 | JP¥43.3t | JP¥25.4t | JP¥1.5t | 14x | 28.6x | 1.7x |
| Sat, 02 Mar 2024 | JP¥45.3t | JP¥25.8t | JP¥1.5t | 14.1x | 29.6x | 1.8x |
| Mon, 29 Jan 2024 | JP¥43.8t | JP¥26.3t | JP¥1.6t | 14.7x | 27.4x | 1.7x |
| Wed, 27 Dec 2023 | JP¥41.3t | JP¥26.3t | JP¥1.6t | 13.6x | 25.9x | 1.6x |
| Fri, 24 Nov 2023 | JP¥41.6t | JP¥26.3t | JP¥1.6t | 13.7x | 26.1x | 1.6x |
| Sun, 22 Oct 2023 | JP¥37.9t | JP¥26.4t | JP¥1.7t | 13x | 22.2x | 1.4x |
| Tue, 19 Sep 2023 | JP¥40.3t | JP¥26.4t | JP¥1.7t | 13.3x | 23.6x | 1.5x |
| Thu, 17 Aug 2023 | JP¥39.2t | JP¥26.4t | JP¥1.7t | 12.3x | 22.9x | 1.5x |
| Sat, 15 Jul 2023 | JP¥41.8t | JP¥26.3t | JP¥1.8t | 12.3x | 22.9x | 1.6x |
| Mon, 12 Jun 2023 | JP¥42.5t | JP¥26.3t | JP¥1.8t | 12.4x | 23.3x | 1.6x |
| Wed, 10 May 2023 | JP¥40.0t | JP¥26.1t | JP¥1.9t | 11.8x | 21.5x | 1.5x |
| Fri, 07 Apr 2023 | JP¥37.2t | JP¥26.0t | JP¥2.0t | 10.9x | 18.9x | 1.4x |
| Sun, 05 Mar 2023 | JP¥37.6t | JP¥26.0t | JP¥2.0t | 11.3x | 19.1x | 1.4x |
| Tue, 31 Jan 2023 | JP¥37.2t | JP¥25.3t | JP¥2.0t | 10.4x | 19.1x | 1.5x |
| Thu, 29 Dec 2022 | JP¥33.4t | JP¥25.3t | JP¥2.0t | 10.3x | 17.1x | 1.3x |
| Sat, 26 Nov 2022 | JP¥38.3t | JP¥25.3t | JP¥2.0t | 11.3x | 19.6x | 1.5x |
| Mon, 24 Oct 2022 | JP¥33.4t | JP¥24.2t | JP¥1.9t | 11.3x | 17.4x | 1.4x |
| Wed, 21 Sep 2022 | JP¥35.4t | JP¥24.1t | JP¥1.9t | 11.6x | 18.4x | 1.5x |
| Fri, 19 Aug 2022 | JP¥37.4t | JP¥24.1t | JP¥1.9t | 11.8x | 20x | 1.6x |
| Sun, 17 Jul 2022 | JP¥34.3t | JP¥23.4t | JP¥1.8t | 10.7x | 19.1x | 1.5x |
| Tue, 14 Jun 2022 | JP¥34.7t | JP¥23.4t | JP¥1.8t | 11.4x | 18.8x | 1.5x |
| Thu, 12 May 2022 | JP¥34.6t | JP¥23.3t | JP¥1.7t | 11.7x | 20x | 1.5x |
| Sat, 09 Apr 2022 | JP¥36.0t | JP¥22.9t | JP¥1.7t | 11.7x | 21.8x | 1.6x |
| Mon, 07 Mar 2022 | JP¥34.8t | JP¥22.9t | JP¥1.7t | 11.4x | 21x | 1.5x |
| Wed, 02 Feb 2022 | JP¥37.9t | JP¥22.7t | JP¥1.6t | 12.2x | 23.9x | 1.7x |
| Fri, 31 Dec 2021 | JP¥43.4t | JP¥22.4t | JP¥1.5t | 13.8x | 28.2x | 1.9x |
| Sun, 28 Nov 2021 | JP¥42.2t | JP¥22.3t | JP¥1.5t | 12.8x | 27.6x | 1.9x |
Price to Earnings Ratio
27.6x
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 23.4x.
- 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 2.3% per year over the last three years.
- Revenues for these companies have grown 5.2% 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 | -0.44% | |
| Tech | -1.40% | |
| Electronic Equipment and Components | -1.33% | |
| Electronic Equipment and Instruments | -0.46% | |
| Technology Distributors | -0.54% | |
| Electronic Manufacturing Services | -0.57% | |
| Electronic Components | -2.55% | |
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 31.4x.
- Analysts are expecting annual earnings growth of 9.9%, which is lower than the prior year's growth of 21.1% per year.
- Investors are most pessimistic about the Electronic Manufacturing Services industry, which is trading close to its 3-year average of 11.6x.
Forecasted Growth
- Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 17% over the next 5 years.
- This is better than its past earnings decline of 13% per year.
- In contrast, the Electronic Equipment and Instruments industry is expected to see its earnings grow by 9.9% 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 | |
|---|---|---|---|---|---|
| 6861 Keyence | JP¥65.58k | 1.5% +JP¥242.5b | 3.4% | PE41.8x | |
| 6965 Hamamatsu Photonics K.K | JP¥1.81k | 10.2% +JP¥51.4b | -39.4% | PE22.1x | |
| 6787 Meiko Electronics | JP¥8.63k | 6.9% +JP¥14.4b | 109.5% | PE18.1x | |
| 6777 santec Holdings | JP¥6.84k | 16.7% +JP¥11.5b | 108.2% | PE16.3x | |
| 5214 Nippon Electric Glass | JP¥3.43k | 3.7% +JP¥10.4b | 12.9% | PE13.8x |
