Osaka Gas' (TSE:9532) Dividend Will Be ¥47.50
Jul 26
Japanese (NIKKEI) Utilities Sector Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies33
- 7D-6.8%
- 3M-3.8%
- 1Y22.9%
- YTD12.7%
Over the last 7 days, the Utilities industry has dropped 4.1%, driven by a pullback from Kansai Electric Power Company of 8.7%. This takes the industry's 12 month performance to a gain of 27%. In the next few years, earnings are forecast to decline by 6.2% annually.
Sector Valuation and Performance
Has the Japanese Utilities Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | JP¥11.7t | JP¥32.2t | JP¥2.3t | 9.6x | 5.2x | 0.4x |
| Sun, 23 Jun 2024 | JP¥12.5t | JP¥32.2t | JP¥2.3t | 10.4x | 5.5x | 0.4x |
| Tue, 21 May 2024 | JP¥12.8t | JP¥32.2t | JP¥2.3t | 10.9x | 5.6x | 0.4x |
| Thu, 18 Apr 2024 | JP¥12.8t | JP¥34.0t | JP¥3.1t | 8.1x | 4.1x | 0.4x |
| Sat, 16 Mar 2024 | JP¥11.7t | JP¥34.0t | JP¥3.1t | 7.7x | 3.7x | 0.3x |
| Mon, 12 Feb 2024 | JP¥10.4t | JP¥34.0t | JP¥3.1t | 7x | 3.3x | 0.3x |
| Wed, 10 Jan 2024 | JP¥10.8t | JP¥35.7t | JP¥2.3t | 9.3x | 4.8x | 0.3x |
| Fri, 08 Dec 2023 | JP¥10.7t | JP¥35.7t | JP¥2.3t | 8.9x | 4.7x | 0.3x |
| Sun, 05 Nov 2023 | JP¥10.6t | JP¥35.7t | JP¥2.3t | 8.9x | 4.7x | 0.3x |
| Tue, 03 Oct 2023 | JP¥10.2t | JP¥36.2t | JP¥1.0t | 11.3x | 9.8x | 0.3x |
| Thu, 31 Aug 2023 | JP¥10.3t | JP¥36.2t | JP¥1.0t | 11.1x | 9.8x | 0.3x |
| Sat, 29 Jul 2023 | JP¥9.5t | JP¥35.4t | JP¥36.9b | 11.6x | 258.7x | 0.3x |
| Mon, 26 Jun 2023 | JP¥9.6t | JP¥35.3t | -JP¥20,378,000,000.00 | 11.6x | -468.7x | 0.3x |
| Wed, 24 May 2023 | JP¥8.8t | JP¥35.3t | -JP¥21,037,000,000.00 | 13.3x | -420.2x | 0.3x |
| Fri, 21 Apr 2023 | JP¥8.2t | JP¥33.1t | -JP¥1,077,648,000,000.00 | 13.8x | -7.6x | 0.2x |
| Sun, 19 Mar 2023 | JP¥8.0t | JP¥33.2t | -JP¥1,077,044,000,000.00 | 14.2x | -7.4x | 0.2x |
| Tue, 14 Feb 2023 | JP¥8.0t | JP¥33.1t | -JP¥1,074,143,000,000.00 | 13.9x | -7.4x | 0.2x |
| Thu, 12 Jan 2023 | JP¥7.7t | JP¥29.9t | -JP¥617,227,000,000.00 | 12.8x | -12.5x | 0.3x |
| Sat, 10 Dec 2022 | JP¥8.0t | JP¥29.9t | -JP¥617,411,000,000.00 | 14.2x | -12.9x | 0.3x |
| Mon, 07 Nov 2022 | JP¥7.8t | JP¥29.9t | -JP¥606,846,000,000.00 | 13.7x | -12.8x | 0.3x |
| Wed, 05 Oct 2022 | JP¥8.1t | JP¥26.7t | JP¥27.3b | 14x | 297.2x | 0.3x |
| Fri, 02 Sep 2022 | JP¥8.6t | JP¥26.7t | JP¥27.9b | 15.8x | 306.7x | 0.3x |
| Sun, 31 Jul 2022 | JP¥8.7t | JP¥25.1t | JP¥261.2b | 16.4x | 33.1x | 0.3x |
| Tue, 28 Jun 2022 | JP¥8.5t | JP¥24.6t | JP¥252.8b | 14.3x | 33.7x | 0.3x |
| Thu, 26 May 2022 | JP¥8.4t | JP¥24.6t | JP¥252.8b | 14.5x | 33.3x | 0.3x |
| Sat, 23 Apr 2022 | JP¥7.8t | JP¥24.0t | JP¥238.5b | 15.8x | 32.7x | 0.3x |
| Mon, 21 Mar 2022 | JP¥7.7t | JP¥24.0t | JP¥237.5b | 15.7x | 32.4x | 0.3x |
| Wed, 16 Feb 2022 | JP¥7.5t | JP¥24.5t | JP¥238.4b | 15.5x | 31.6x | 0.3x |
| Fri, 14 Jan 2022 | JP¥7.4t | JP¥23.7t | JP¥522.0b | 14.5x | 14.1x | 0.3x |
| Sun, 12 Dec 2021 | JP¥7.6t | JP¥23.7t | JP¥521.9b | 16.5x | 14.5x | 0.3x |
| Tue, 09 Nov 2021 | JP¥7.4t | JP¥24.0t | JP¥524.3b | 15.6x | 14.2x | 0.3x |
| Thu, 07 Oct 2021 | JP¥8.1t | JP¥24.4t | JP¥689.2b | 13.8x | 11.8x | 0.3x |
| Sat, 04 Sep 2021 | JP¥8.1t | JP¥24.4t | JP¥689.2b | 13.4x | 11.7x | 0.3x |
| Mon, 02 Aug 2021 | JP¥8.1t | JP¥24.4t | JP¥689.2b | 13.5x | 11.7x | 0.3x |
Price to Earnings Ratio
11.7x
Current Industry PE
- Investors are pessimistic on the Japanese Utilities 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 5.2x which is higher than its 3-year average PE of -0.48x.
- The industry is trading close to its 3-year average PS ratio of 0.31x.
Past Earnings Growth
- The earnings for companies in the Utilities industry have grown 49% per year over the last three years.
- Revenues for these companies have grown 9.7% 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 Utilities sector?
| JP Market | -5.18% | |
| Utilities | -6.79% | |
| Other Utilities | 0% | |
| Water Utilities | 0% | |
| Gas Utilities | -4.06% | |
| Renewable Energy | -4.97% | |
| Electric Utilities | -8.29% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 13.1x.
- Analysts are expecting annual earnings growth of 0.8%, which is higher than its past year's earnings decline of 14.7% per year.
- Investors are most pessimistic about the Electric Utilities industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 2.5x.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 0.8% over the next 5 years.
- This is better than its past earnings decline of 15% per year.
- In contrast, the Electric Utilities industry is expected to see its earnings decline by 8.2% 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 | |
|---|---|---|---|---|---|
| 176A Rezil | JP¥1.44k | 1.7% +JP¥447.9m | n/a | n/a | |
| 1436 GreenEnergy | JP¥2.39k | 4.4% +JP¥407.6m | 168.9% | PE29.5x | |
| 9517 eREXLtd | JP¥695.00 | 0.6% +JP¥296.9m | -38.2% | PS0.2x | |
| 3361 ToellLtd | JP¥824.00 | 0.2% +JP¥40.6m | 10.8% | PE7.7x |
