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Japanese (NIKKEI) Utilities Sector Analysis

UpdatedDec 01, 2022
DataAggregated Company Financials
Companies34
  • 7D-1.7%
  • 3M-5.7%
  • 1Y7.2%
  • YTD8.1%

Over the last 7 days, the Utilities industry has dropped 1.7%, driven by declines in Tokyo GasLtd and Kansai Electric Power Company of 2.7% and 2.7%, respectively. This takes the industry's 12 month performance to a gain of 7.2%. Earnings are forecast to grow by 25% annually.

Sector Valuation and Performance

Has the Japanese Utilities Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Dec 2022JP¥8.0tJP¥29.9t-JP¥617,411,000,000.0014.3x-13x0.3x
Sat, 29 Oct 2022JP¥7.9tJP¥27.1t-JP¥6,004,000,000.0014.7x-1318x0.3x
Mon, 26 Sep 2022JP¥8.4tJP¥26.7tJP¥27.3b15x307.4x0.3x
Wed, 24 Aug 2022JP¥8.6tJP¥26.7tJP¥27.9b16.3x307.9x0.3x
Fri, 22 Jul 2022JP¥8.7tJP¥24.6tJP¥246.7b17.8x35.1x0.4x
Sun, 19 Jun 2022JP¥8.3tJP¥24.6tJP¥252.8b14.6x32.7x0.3x
Tue, 17 May 2022JP¥8.4tJP¥24.6tJP¥253.4b15.7x33x0.3x
Thu, 14 Apr 2022JP¥7.7tJP¥24.0tJP¥237.9b15.6x32.4x0.3x
Sat, 12 Mar 2022JP¥7.5tJP¥24.0tJP¥237.3b16x31.4x0.3x
Mon, 07 Feb 2022JP¥7.4tJP¥24.4tJP¥241.0b15.6x30.7x0.3x
Wed, 05 Jan 2022JP¥7.4tJP¥23.7tJP¥522.0b15x14.2x0.3x
Fri, 03 Dec 2021JP¥7.5tJP¥23.7tJP¥521.9b16.5x14.3x0.3x
Sun, 31 Oct 2021JP¥7.5tJP¥23.9tJP¥584.7b12.7x12.8x0.3x
Tue, 28 Sep 2021JP¥8.4tJP¥24.4tJP¥689.2b13.7x12.2x0.3x
Thu, 26 Aug 2021JP¥8.0tJP¥24.4tJP¥689.2b13x11.6x0.3x
Fri, 02 Jul 2021JP¥8.1tJP¥24.4tJP¥689.2b12.9x11.7x0.3x
Mon, 05 Apr 2021JP¥9.0tJP¥25.5tJP¥782.6b16x11.5x0.4x
Thu, 07 Jan 2021JP¥8.1tJP¥24.9tJP¥467.6b13.4x17.3x0.3x
Wed, 30 Sep 2020JP¥7.9tJP¥25.3tJP¥485.3b12.2x16.2x0.3x
Sat, 04 Jul 2020JP¥8.2tJP¥25.7tJP¥430.1b14.1x19x0.3x
Tue, 07 Apr 2020JP¥8.4tJP¥26.2tJP¥748.4b11.9x11.2x0.3x
Fri, 10 Jan 2020JP¥8.9tJP¥26.8tJP¥1.4t12.8x6.4x0.3x
Price to Earnings Ratio

6.5x


Total Market Cap: JP¥8.8tTotal Earnings: JP¥1.4tTotal Revenue: JP¥27.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Utilities Sector Price to Earnings3Y Average 37.5x202020212022
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 close to its 3-year average PS ratio of 0.32x.
Past Earnings Growth
  • Total earnings for the Utilities industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 3.6% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Japanese Utilities sector?

JP Market-1.53%
Utilities-1.71%
Other Utilities0%
Water Utilities0%
Renewable Energy-0.86%
Electric Utilities-1.69%
Gas Utilities-2.04%
Industry PE
  • Investors are most optimistic about the Gas Utilities industry even though it's trading below its 3-year average PE ratio of 17.5x.
    • Analysts are expecting annual earnings growth of 3.7%, which is higher than its past year's earnings decline of 0.01% per year.
Forecasted Growth
  • Analysts are most optimistic on the Electric Utilities industry, expecting annual earnings growth of 43% over the next 5 years.
  • In contrast, the Gas Utilities industry is expected to see its earnings grow by 3.7% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
9517 eREXLtdJP¥2.52k4.2%
+JP¥6.0b
1.4%PE15.1x
9543 Shizuoka GasJP¥1.10k4.7%
+JP¥3.6b
13.2%PE19.1x
1663 K&O Energy GroupJP¥2.43k4.5%
+JP¥2.8b
62.5%PE15.9x
7692 Earth InfinityLtdJP¥1.98k9.9%
+JP¥1.6b
147.1%PS4x
9537 Hokuriku GasLtdJP¥2.97k2.2%
+JP¥306.4m
-5.0%PE11.4x
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Latest News

9533

JP¥2,691.00

Toho Gas

7D

-3.2%

1Y

-14.8%

9537

JP¥2,965.00

Hokuriku GasLtd

7D

2.2%

1Y

-5.0%

9531

JP¥2,526.00

Tokyo GasLtd

7D

-2.7%

1Y

27.9%

9502

JP¥1,288.00

Chubu Electric Power Company

7D

-1.0%

1Y

10.0%

2743

JP¥50.00

Pixel Companyz

7D

2.0%

1Y

-13.8%

9503

JP¥1,166.00

Kansai Electric Power Company

7D

-2.7%

1Y

11.9%

9507

JP¥753.00

Shikoku Electric Power Company

7D

0.1%

1Y

-2.8%

9532

JP¥2,122.00

Osaka Gas

7D

-1.4%

1Y

13.7%

9543

JP¥1,100.00

Shizuoka Gas

7D

4.7%

1Y

13.2%

9517

JP¥2,522.00

eREXLtd

7D

4.2%

1Y

1.4%

9504

JP¥715.00

Chugoku Electric Power

7D

-4.7%

1Y

-21.8%

9539

JP¥2,392.00

Keiyo Gas

7D

0.7%

1Y

-29.2%

8174

JP¥2,103.00

Nippon Gas

7D

-4.5%

1Y

49.4%

1663

JP¥2,427.00

K&O Energy Group

7D

4.5%

1Y

62.5%

7692

JP¥1,977.00

Earth InfinityLtd

7D

9.9%

1Y

147.1%