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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 01 Dec 2022 | JP¥8.0t | JP¥29.9t | -JP¥617,411,000,000.00 | 14.3x | -13x | 0.3x |
| Sat, 29 Oct 2022 | JP¥7.9t | JP¥27.1t | -JP¥6,004,000,000.00 | 14.7x | -1318x | 0.3x |
| Mon, 26 Sep 2022 | JP¥8.4t | JP¥26.7t | JP¥27.3b | 15x | 307.4x | 0.3x |
| Wed, 24 Aug 2022 | JP¥8.6t | JP¥26.7t | JP¥27.9b | 16.3x | 307.9x | 0.3x |
| Fri, 22 Jul 2022 | JP¥8.7t | JP¥24.6t | JP¥246.7b | 17.8x | 35.1x | 0.4x |
| Sun, 19 Jun 2022 | JP¥8.3t | JP¥24.6t | JP¥252.8b | 14.6x | 32.7x | 0.3x |
| Tue, 17 May 2022 | JP¥8.4t | JP¥24.6t | JP¥253.4b | 15.7x | 33x | 0.3x |
| Thu, 14 Apr 2022 | JP¥7.7t | JP¥24.0t | JP¥237.9b | 15.6x | 32.4x | 0.3x |
| Sat, 12 Mar 2022 | JP¥7.5t | JP¥24.0t | JP¥237.3b | 16x | 31.4x | 0.3x |
| Mon, 07 Feb 2022 | JP¥7.4t | JP¥24.4t | JP¥241.0b | 15.6x | 30.7x | 0.3x |
| Wed, 05 Jan 2022 | JP¥7.4t | JP¥23.7t | JP¥522.0b | 15x | 14.2x | 0.3x |
| Fri, 03 Dec 2021 | JP¥7.5t | JP¥23.7t | JP¥521.9b | 16.5x | 14.3x | 0.3x |
| Sun, 31 Oct 2021 | JP¥7.5t | JP¥23.9t | JP¥584.7b | 12.7x | 12.8x | 0.3x |
| Tue, 28 Sep 2021 | JP¥8.4t | JP¥24.4t | JP¥689.2b | 13.7x | 12.2x | 0.3x |
| Thu, 26 Aug 2021 | JP¥8.0t | JP¥24.4t | JP¥689.2b | 13x | 11.6x | 0.3x |
| Fri, 02 Jul 2021 | JP¥8.1t | JP¥24.4t | JP¥689.2b | 12.9x | 11.7x | 0.3x |
| Mon, 05 Apr 2021 | JP¥9.0t | JP¥25.5t | JP¥782.6b | 16x | 11.5x | 0.4x |
| Thu, 07 Jan 2021 | JP¥8.1t | JP¥24.9t | JP¥467.6b | 13.4x | 17.3x | 0.3x |
| Wed, 30 Sep 2020 | JP¥7.9t | JP¥25.3t | JP¥485.3b | 12.2x | 16.2x | 0.3x |
| Sat, 04 Jul 2020 | JP¥8.2t | JP¥25.7t | JP¥430.1b | 14.1x | 19x | 0.3x |
| Tue, 07 Apr 2020 | JP¥8.4t | JP¥26.2t | JP¥748.4b | 11.9x | 11.2x | 0.3x |
| Fri, 10 Jan 2020 | JP¥8.9t | JP¥26.8t | JP¥1.4t | 12.8x | 6.4x | 0.3x |
Price to Earnings Ratio
6.5x
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 Utilities | 0% | |
| Water Utilities | 0% | |
| 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 9517 eREXLtd | JP¥2.52k | 4.2% +JP¥6.0b | 1.4% | PE15.1x | |
| 9543 Shizuoka Gas | JP¥1.10k | 4.7% +JP¥3.6b | 13.2% | PE19.1x | |
| 1663 K&O Energy Group | JP¥2.43k | 4.5% +JP¥2.8b | 62.5% | PE15.9x | |
| 7692 Earth InfinityLtd | JP¥1.98k | 9.9% +JP¥1.6b | 147.1% | PS4x | |
| 9537 Hokuriku GasLtd | JP¥2.97k | 2.2% +JP¥306.4m | -5.0% | PE11.4x |