Japanese (NIKKEI) Electronic Equipment and Components Industry Analysis
UpdatedDec 07, 2022
DataAggregated Company Financials
Companies190
- 7D-1.4%
- 3M0.9%
- 1Y-15.6%
- YTD-17.0%
Over the last 7 days, the Electronic Equipment and Components industry has dropped 3.7%, driven by Keyence declining 5.1%. However, the industry is down 12% over the past year. Looking forward, earnings are forecast to grow by 8.0% 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 |
|---|---|---|---|---|---|---|
| Wed, 07 Dec 2022 | JP¥36.6t | JP¥25.3t | JP¥2.0t | 11x | 18.8x | 1.4x |
| Fri, 04 Nov 2022 | JP¥36.6t | JP¥24.8t | JP¥2.0t | 11x | 18.5x | 1.5x |
| Sun, 02 Oct 2022 | JP¥32.9t | JP¥24.1t | JP¥1.9t | 11x | 17.1x | 1.4x |
| Tue, 30 Aug 2022 | JP¥35.5t | JP¥24.1t | JP¥1.9t | 11.8x | 19x | 1.5x |
| Thu, 28 Jul 2022 | JP¥36.0t | JP¥23.5t | JP¥1.8t | 11.2x | 20.1x | 1.5x |
| Sat, 25 Jun 2022 | JP¥33.3t | JP¥23.4t | JP¥1.8t | 11x | 18.1x | 1.4x |
| Mon, 23 May 2022 | JP¥34.8t | JP¥23.5t | JP¥1.8t | 11.4x | 18.9x | 1.5x |
| Wed, 20 Apr 2022 | JP¥35.4t | JP¥22.9t | JP¥1.7t | 12x | 21.4x | 1.5x |
| Fri, 18 Mar 2022 | JP¥35.3t | JP¥22.9t | JP¥1.7t | 11.6x | 21.4x | 1.5x |
| Sun, 13 Feb 2022 | JP¥38.0t | JP¥22.9t | JP¥1.7t | 12x | 23x | 1.7x |
| Tue, 11 Jan 2022 | JP¥41.8t | JP¥22.4t | JP¥1.5t | 13.6x | 27.2x | 1.9x |
| Thu, 09 Dec 2021 | JP¥43.4t | JP¥22.3t | JP¥1.5t | 13.1x | 28.3x | 1.9x |
| Sat, 06 Nov 2021 | JP¥43.3t | JP¥22.3t | JP¥1.5t | 13.5x | 29.9x | 1.9x |
| Mon, 04 Oct 2021 | JP¥40.5t | JP¥21.8t | JP¥1.3t | 13.7x | 30.8x | 1.9x |
| Wed, 01 Sep 2021 | JP¥41.1t | JP¥21.8t | JP¥1.3t | 14x | 31.3x | 1.9x |
| Thu, 08 Jul 2021 | JP¥37.2t | JP¥21.8t | JP¥1.3t | 14x | 28.3x | 1.7x |
| Wed, 31 Mar 2021 | JP¥35.9t | JP¥20.7t | JP¥1.1t | 15.6x | 33.1x | 1.7x |
| Sat, 02 Jan 2021 | JP¥37.6t | JP¥20.2t | JP¥910.7b | 16.7x | 41.2x | 1.9x |
| Tue, 06 Oct 2020 | JP¥31.4t | JP¥20.2t | JP¥786.3b | 17.2x | 39.9x | 1.6x |
| Fri, 10 Jul 2020 | JP¥29.1t | JP¥20.6t | JP¥833.0b | 16.1x | 34.9x | 1.4x |
| Thu, 02 Apr 2020 | JP¥24.6t | JP¥21.3t | JP¥824.3b | 13.5x | 29.9x | 1.2x |
| Sun, 05 Jan 2020 | JP¥29.9t | JP¥20.7t | JP¥1.1t | 18.5x | 27.9x | 1.4x |
Price to Earnings Ratio
27.9x
Current Industry PE
- Investors are pessimistic on the Japanese Electronic 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 18.9x which is lower than its 3-year average PE of 29.3x.
- 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 grown 22% per year over the last three years.
- Revenues for these companies have grown 6.9% 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 | -1.73% | |
| Tech | -0.78% | |
| Electronic Equipment and Components | -1.38% | |
| Electronic Components | -0.63% | |
| Electronic Manufacturing Services | -0.74% | |
| Electronic Equipment and Instruments | -1.89% | |
| Technology Distributors | -2.91% | |
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 41.8x.
- Analysts are expecting annual earnings growth of 8.8%, which is lower than the prior year's growth of 15.6% per year.
- Investors are most pessimistic about the Technology Distributors industry, which is trading below its 3-year average of 11.4x.
Forecasted Growth
- Analysts are most optimistic on the Electronic Manufacturing Services industry, expecting annual earnings growth of 18% over the next 5 years.
- However this is lower than its past earnings growth rate of 47% per year.
- In contrast, the Electronic Components industry is expected to see its earnings grow by 7.0% 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 | |
|---|---|---|---|---|---|
| 6232 ACSL | JP¥1.92k | 15.4% +JP¥3.2b | -11.3% | PS35.6x | |
| 6668 Adtec Plasma Technology | JP¥1.96k | 9.6% +JP¥1.5b | -17.8% | PE7.7x | |
| 7915 Nissha | JP¥1.82k | 1.6% +JP¥1.4b | 10.2% | PE6.9x | |
| 6658 Shirai Electronics Industrial | JP¥605.00 | 7.1% +JP¥555.4m | 15.9% | PE4.7x | |
| 7467 Hagiwara Electric Holdings | JP¥2.61k | 2.3% +JP¥522.7m | 25.9% | PE5.1x |