Japanese (NIKKEI) Alternative Carriers Industry Analysis
UpdatedSep 24, 2023
DataAggregated Company Financials
Companies9
- 7D-2.3%
- 3M-3.1%
- 1Y41.9%
- YTD42.3%
Over the last 7 days, the Alternative Carriers industry has dropped 1.2%, driven by USEN-NEXT HOLDINGSLtd declining 3.1%. Over the past 12 months, the industry was up 42%. Looking forward, earnings are forecast to grow by 9.9% annually.
Industry Valuation and Performance
Has the Japanese Alternative Carriers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 24 Sep 2023 | JP¥318.1b | JP¥436.7b | JP¥22.0b | 12x | 14.4x | 0.7x |
| Tue, 22 Aug 2023 | JP¥396.2b | JP¥433.8b | JP¥21.5b | 13.8x | 18.5x | 0.9x |
| Thu, 20 Jul 2023 | JP¥393.0b | JP¥431.1b | JP¥21.5b | 13.9x | 18.2x | 0.9x |
| Sat, 17 Jun 2023 | JP¥402.3b | JP¥423.4b | JP¥20.5b | 15x | 19.6x | 1x |
| Mon, 15 May 2023 | JP¥339.9b | JP¥413.9b | JP¥18.8b | 18.6x | 18.1x | 0.8x |
| Wed, 12 Apr 2023 | JP¥305.1b | JP¥401.9b | JP¥17.9b | 18.2x | 17.1x | 0.8x |
| Fri, 10 Mar 2023 | JP¥290.1b | JP¥400.8b | JP¥17.6b | 16.1x | 16.5x | 0.7x |
| Sun, 05 Feb 2023 | JP¥270.9b | JP¥398.9b | JP¥18.1b | 15.2x | 14.9x | 0.7x |
| Tue, 03 Jan 2023 | JP¥263.4b | JP¥390.3b | JP¥18.2b | 14.9x | 14.4x | 0.7x |
| Thu, 01 Dec 2022 | JP¥282.8b | JP¥389.6b | JP¥18.3b | 15.9x | 15.5x | 0.7x |
| Sat, 29 Oct 2022 | JP¥277.9b | JP¥387.3b | JP¥19.2b | 12.9x | 14.5x | 0.7x |
| Mon, 26 Sep 2022 | JP¥262.3b | JP¥378.6b | JP¥18.7b | 12.8x | 14.1x | 0.7x |
| Wed, 24 Aug 2022 | JP¥281.9b | JP¥378.1b | JP¥18.9b | 13.4x | 14.9x | 0.7x |
| Fri, 22 Jul 2022 | JP¥280.7b | JP¥375.1b | JP¥19.3b | 13.6x | 14.6x | 0.7x |
| Sun, 19 Jun 2022 | JP¥243.5b | JP¥367.1b | JP¥19.2b | 11.7x | 12.7x | 0.7x |
| Tue, 17 May 2022 | JP¥273.5b | JP¥367.4b | JP¥19.8b | 13.5x | 13.8x | 0.7x |
| Thu, 14 Apr 2022 | JP¥293.8b | JP¥366.7b | JP¥20.0b | 14.7x | 14.7x | 0.8x |
| Sat, 12 Mar 2022 | JP¥278.3b | JP¥359.9b | JP¥20.2b | 12.6x | 13.8x | 0.8x |
| Mon, 07 Feb 2022 | JP¥310.5b | JP¥358.0b | JP¥19.9b | 13.3x | 15.6x | 0.9x |
| Wed, 05 Jan 2022 | JP¥353.3b | JP¥350.5b | JP¥19.4b | 15.2x | 18.2x | 1x |
| Fri, 03 Dec 2021 | JP¥354.7b | JP¥354.5b | JP¥20.1b | 16x | 17.7x | 1x |
| Sun, 31 Oct 2021 | JP¥399.8b | JP¥353.1b | JP¥19.8b | 17.2x | 20.2x | 1.1x |
| Tue, 28 Sep 2021 | JP¥427.5b | JP¥348.0b | JP¥20.1b | 15.7x | 21.3x | 1.2x |
| Thu, 26 Aug 2021 | JP¥377.5b | JP¥348.0b | JP¥20.1b | 16.9x | 18.8x | 1.1x |
| Fri, 02 Jul 2021 | JP¥364.1b | JP¥350.8b | JP¥19.7b | 17.5x | 18.5x | 1x |
| Mon, 05 Apr 2021 | JP¥346.6b | JP¥346.3b | JP¥18.0b | 18.1x | 19.3x | 1x |
| Thu, 07 Jan 2021 | JP¥315.2b | JP¥341.3b | JP¥14.9b | 19.6x | 21.2x | 0.9x |
| Wed, 30 Sep 2020 | JP¥289.0b | JP¥335.3b | JP¥11.9b | 27x | 24.3x | 0.9x |
Price to Earnings Ratio
24.3x
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 14.4x which is lower than its 3-year average PE of 17.5x.
- The industry is trading close to its 3-year average PS ratio of 0.87x.
Past Earnings Growth
- The earnings for companies in the Alternative Carriers industry have grown 23% per year over the last three years.
- Revenues for these companies have grown 9.2% 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 | -2.08% | |
| Telecom | -2.54% | |
| Telecom Services and Carriers | 0.88% | |
| Alternative Carriers | -2.31% | |
| Integrated Telecom Services | 0.94% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 4347 Broadmedia | JP¥1.79k | 4.0% +JP¥494.1m | 76.0% | PE11.6x | |
| 5571 Excite Holdings | JP¥1.03k | 2.5% +JP¥123.3m | n/a | PE11.2x | |
| 3934 BENEFIT JAPAN | JP¥1.22k | 0.8% +JP¥62.7m | -23.1% | PE11.4x |