Japanese (NIKKEI) Tech Hardware Industry Analysis
- 7D0.4%
- 3M-8.0%
- 1Y31.5%
- YTD37.0%
Over the last 7 days, the Tech Hardware industry has dropped 2.6%, driven by a pullback from FUJIFILM Holdings of 3.2%. This takes the industry's 12 month performance to a gain of 28%.
Industry Valuation and Performance
Has the Japanese Tech Hardware Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Thu, 09 Dec 2021 | JP¥9.3t | JP¥11.9t | JP¥593.9b | 14.3x |
| Sat, 06 Nov 2021 | JP¥9.9t | JP¥11.9t | JP¥589.3b | 14.6x |
| Mon, 04 Oct 2021 | JP¥10.2t | JP¥11.7t | JP¥532.1b | 15.7x |
| Wed, 01 Sep 2021 | JP¥10.0t | JP¥11.7t | JP¥531.9b | 15.6x |
| Thu, 08 Jul 2021 | JP¥9.6t | JP¥11.7t | JP¥531.9b | 14.7x |
| Wed, 31 Mar 2021 | JP¥8.7t | JP¥11.0t | JP¥338.4b | 16.4x |
| Sat, 02 Jan 2021 | JP¥7.1t | JP¥10.9t | JP¥236.7b | 16.1x |
| Tue, 06 Oct 2020 | JP¥6.5t | JP¥11.0t | JP¥209.0b | 15.1x |
| Fri, 10 Jul 2020 | JP¥6.7t | JP¥11.4t | JP¥257.8b | 18.2x |
| Thu, 02 Apr 2020 | JP¥7.0t | JP¥12.0t | JP¥353.8b | 14.2x |
| Sun, 05 Jan 2020 | JP¥8.7t | JP¥12.2t | JP¥459.8b | 18.1x |
| Wed, 09 Oct 2019 | JP¥8.0t | JP¥12.4t | JP¥509.1b | 14x |
| Tue, 02 Jul 2019 | JP¥8.9t | JP¥12.4t | JP¥536.3b | 14x |
| Fri, 05 Apr 2019 | JP¥8.9t | JP¥12.6t | JP¥614.5b | 14.4x |
| Mon, 07 Jan 2019 | JP¥8.1t | JP¥12.8t | JP¥480.8b | 12.6x |
12.6x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 15.3x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Tech industry have grown 8.0% per year over the last three years, while revenues for these companies have declined 2.4% per year. This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Japanese Tech Hardware industry?
| Tech Hardware Storage and Peripherals | 0.43% | |
Industry PE: Investors are most optimistic about the Tech Hardware Storage and Peripherals industry, which is trading close to its 3-year average PE ratio of 15.3x. However analysts are expecting annual earnings growth of 6.5%, which is lower than the prior year's growth of 30% per year. So the market might believe that analysts are underestimating future growth.
Forecasted Growth: Analysts are most optimistic on the Tech Hardware Storage and Peripherals industry, expecting annual earnings growth of 6.5% over the next 5 years. However this is lower than its past earnings growth rate of 30% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| 7751 Canon | 6.1%+JP¥160.0b | 28.2% | PE13.3x | |
| 6448 Brother Industries | 7.8%+JP¥40.6b | 3.9% | PE15.2x | |
| 6724 Seiko Epson | 5.5%+JP¥36.0b | 22.9% | PE10.9x | |
| 7752 Ricoh Company | 7.4%+JP¥33.6b | 43.0% | PE1109x | |
| 4902 Konica Minolta | 6.5%+JP¥14.8b | 31.8% | PE89.4x |