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Japanese (NIKKEI) Alternative Carriers Industry Analysis

UpdatedApr 26, 2024
DataAggregated Company Financials
Companies8
  • 7D-1.6%
  • 3M-2.2%
  • 1Y24.4%
  • YTDn/a

Over the last 7 days, the Alternative Carriers industry has dropped 1.9%, driven by a pullback from BENEFIT JAPAN of 6.0%. In contrast, FreeBit has gained 7.9%. In the past year, the industry has gained 26%. Looking forward, earnings are forecast to grow by 8.1% annually.

Industry Valuation and Performance

Has the Japanese Alternative Carriers Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Apr 2024JP¥328.0bJP¥401.0bJP¥22.1b14.9x14.9x0.8x
Sun, 24 Mar 2024JP¥391.0bJP¥392.2bJP¥20.2b15.7x19.4x1x
Tue, 20 Feb 2024JP¥350.3bJP¥390.9bJP¥20.1b13.4x17.4x0.9x
Thu, 18 Jan 2024JP¥440.2bJP¥461.9bJP¥25.4b10.9x17.4x1x
Sat, 16 Dec 2023JP¥405.6bJP¥452.1bJP¥23.5b12.2x17.3x0.9x
Mon, 13 Nov 2023JP¥392.5bJP¥450.2bJP¥23.0b11.9x17.1x0.9x
Wed, 11 Oct 2023JP¥308.4bJP¥436.7bJP¥22.0b11.7x14x0.7x
Fri, 08 Sep 2023JP¥330.4bJP¥433.8bJP¥21.5b13.2x15.4x0.8x
Sun, 06 Aug 2023JP¥384.4bJP¥431.4bJP¥21.5b14x17.8x0.9x
Tue, 04 Jul 2023JP¥387.2bJP¥423.4bJP¥20.5b14.7x18.9x0.9x
Thu, 01 Jun 2023JP¥377.2bJP¥414.4bJP¥19.1b16.7x19.7x0.9x
Sat, 29 Apr 2023JP¥329.2bJP¥413.1bJP¥18.4b19.6x17.8x0.8x
Mon, 27 Mar 2023JP¥286.4bJP¥401.9bJP¥17.9b16.3x16x0.7x
Wed, 22 Feb 2023JP¥288.8bJP¥400.8bJP¥17.6b15.6x16.4x0.7x
Fri, 20 Jan 2023JP¥261.7bJP¥398.8bJP¥18.2b14.7x14.4x0.7x
Sun, 18 Dec 2022JP¥266.2bJP¥390.3bJP¥18.2b15x14.6x0.7x
Tue, 15 Nov 2022JP¥281.5bJP¥387.7bJP¥18.7b14.4x15.1x0.7x
Thu, 13 Oct 2022JP¥261.4bJP¥378.6bJP¥18.7b12.8x14x0.7x
Sat, 10 Sep 2022JP¥270.5bJP¥378.1bJP¥18.9b13x14.3x0.7x
Mon, 08 Aug 2022JP¥280.9bJP¥375.3bJP¥19.2b13.1x14.6x0.7x
Wed, 06 Jul 2022JP¥263.0bJP¥367.1bJP¥19.2b12.6x13.7x0.7x
Fri, 03 Jun 2022JP¥269.9bJP¥368.7bJP¥19.4b13.5x13.9x0.7x
Sun, 01 May 2022JP¥281.0bJP¥367.2bJP¥19.6b14.9x14.3x0.8x
Tue, 29 Mar 2022JP¥294.2bJP¥359.4bJP¥19.9b14.6x14.8x0.8x
Thu, 24 Feb 2022JP¥286.0bJP¥359.9bJP¥19.8b13.4x14.4x0.8x
Sat, 22 Jan 2022JP¥307.2bJP¥357.5bJP¥19.5b13.5x15.7x0.9x
Mon, 20 Dec 2021JP¥355.3bJP¥350.5bJP¥19.4b16x18.3x1x
Wed, 17 Nov 2021JP¥419.6bJP¥354.0bJP¥19.6b16.9x21.4x1.2x
Fri, 15 Oct 2021JP¥411.4bJP¥348.0bJP¥20.1b16.6x20.5x1.2x
Sun, 12 Sep 2021JP¥420.3bJP¥348.0bJP¥20.1b16.7x21x1.2x
Tue, 10 Aug 2021JP¥370.7bJP¥348.0bJP¥20.1b17.3x18.5x1.1x
Mon, 03 May 2021JP¥337.1bJP¥343.8bJP¥17.8b17.9x19x1x
Price to Earnings Ratio

19x


Total Market Cap: JP¥337.1bTotal Earnings: JP¥17.8bTotal Revenue: JP¥343.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Alternative Carriers Industry Price to Earnings3Y Average 16.7x202220232024
Current Industry PE
  • Investors are pessimistic on the Japanese Alternative Carriers 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 15.0x which is lower than its 3-year average PE of 16.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.86x.
Past Earnings Growth
  • The earnings for companies in the Alternative Carriers industry have grown 7.5% per year over the last three years.
  • Revenues for these companies have grown 5.3% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Japanese Alternative Carriers compare with similar industries?

JP Market-0.51%
Telecom-0.35%
Telecom Services and Carriers-0.31%
Alternative Carriers-1.64%
Integrated Telecom Services-0.28%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
3843 FreeBitJP¥1.45k2.9%
+JP¥818.9m		-3.7%PE9.6x
9450 FibergateJP¥1.09k2.8%
+JP¥608.1m		-9.4%PE14.3x
4347 BroadmediaJP¥1.32k1.7%
+JP¥160.1m		5.3%PE7.9x
4423 ARTERIA NetworksJP¥1.98k0.1%
+JP¥99.9m		66.4%PE17x
3681 V-cubeJP¥237.001.3%
+JP¥76.4m		-53.5%PS0.5x
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Latest News

3843

JP¥1,447.00

FreeBit

7D

2.9%

1Y

-3.7%

FreeBit (TSE:3843) Has Announced That It Will Be Increasing Its Dividend To ¥27.00

Apr 23
FreeBit (TSE:3843) Has Announced That It Will Be Increasing Its Dividend To ¥27.00

9418

JP¥4,140.00

U-NEXT HOLDINGSLtd

7D

-2.5%

1Y

36.9%

5580

JP¥1,070.00

ProdelightLtd

7D

-7.6%

1Y

n/a

9450

JP¥1,085.00

Fibergate

7D

2.8%

1Y

-9.4%

Fibergate (TSE:9450) Is Increasing Its Dividend To ¥12.50

Apr 12
Fibergate (TSE:9450) Is Increasing Its Dividend To ¥12.50

4347

JP¥1,322.00

Broadmedia

7D

1.7%

1Y

5.3%

3681

JP¥237.00

V-cube

7D

1.3%

1Y

-53.5%

4415

JP¥839.00

Broad EnterpriseLtd

7D

-1.3%

1Y

53.4%

3934

JP¥1,141.00

BENEFIT JAPAN

7D

-7.4%

1Y

-8.2%

5571

JP¥1,020.00

Excite Holdings

7D

0.4%

1Y

-21.5%

4423

JP¥1,979.00

ARTERIA Networks

7D

0.1%

1Y

66.4%