Japanese (NIKKEI) Electric Utilities Industry Analysis
UpdatedSep 21, 2023
DataAggregated Company Financials
Companies11
- 7D1.6%
- 3M20.2%
- 1Y52.6%
- YTD57.8%
Over the last 7 days, the Electric Utilities industry has risen 5.4%, driven by gains in Tokyo Electric Power Company Holdings and Chubu Electric Power Company of 5.1% and 3.2%, respectively. This takes the industry's 12 month performance to a gain of 55%. Looking forward, earnings are forecast to grow by 4.2% annually.
Industry Valuation and Performance
Has the Japanese Electric Utilities Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Sep 2023 | JP¥6.7t | JP¥26.2t | JP¥381.5b | 12x | 17.4x | 0.3x |
| Sat, 19 Aug 2023 | JP¥5.7t | JP¥26.2t | JP¥381.5b | 10.3x | 15.1x | 0.2x |
| Mon, 17 Jul 2023 | JP¥5.2t | JP¥25.4t | -JP¥585,708,000,000.00 | 60.6x | -8.9x | 0.2x |
| Wed, 14 Jun 2023 | JP¥5.5t | JP¥25.4t | -JP¥585,708,000,000.00 | 74.2x | -9.4x | 0.2x |
| Fri, 12 May 2023 | JP¥4.8t | JP¥25.4t | -JP¥586,091,000,000.00 | 74.4x | -8.2x | 0.2x |
| Sun, 09 Apr 2023 | JP¥4.4t | JP¥23.8t | -JP¥1,612,346,000,000.00 | 446.7x | -2.8x | 0.2x |
| Tue, 07 Mar 2023 | JP¥4.3t | JP¥23.8t | -JP¥1,611,159,000,000.00 | 21.3x | -2.7x | 0.2x |
| Thu, 02 Feb 2023 | JP¥4.2t | JP¥23.1t | -JP¥1,169,181,000,000.00 | 20.9x | -3.6x | 0.2x |
| Sat, 31 Dec 2022 | JP¥4.3t | JP¥21.7t | -JP¥989,210,000,000.00 | 83.9x | -4.4x | 0.2x |
| Mon, 28 Nov 2022 | JP¥4.3t | JP¥21.7t | -JP¥988,594,000,000.00 | 84.3x | -4.4x | 0.2x |
| Wed, 26 Oct 2022 | JP¥4.0t | JP¥19.4t | -JP¥334,208,000,000.00 | 15.3x | -11.8x | 0.2x |
| Fri, 23 Sep 2022 | JP¥4.4t | JP¥19.4t | -JP¥334,208,000,000.00 | 17.6x | -13.1x | 0.2x |
| Sun, 21 Aug 2022 | JP¥4.5t | JP¥19.4t | -JP¥333,592,000,000.00 | 17.8x | -13.5x | 0.2x |
| Tue, 19 Jul 2022 | JP¥4.9t | JP¥18.0t | -JP¥100,793,000,000.00 | 37.2x | -48.3x | 0.3x |
| Thu, 16 Jun 2022 | JP¥4.3t | JP¥18.0t | -JP¥97,283,000,000.00 | 33.8x | -44.4x | 0.2x |
| Sat, 14 May 2022 | JP¥4.5t | JP¥18.0t | -JP¥97,050,000,000.00 | 34.5x | -46.7x | 0.3x |
| Mon, 11 Apr 2022 | JP¥4.0t | JP¥17.9t | JP¥65.0b | 15.1x | 62.1x | 0.2x |
| Wed, 09 Mar 2022 | JP¥4.1t | JP¥17.9t | JP¥65.0b | 15.2x | 63.8x | 0.2x |
| Fri, 04 Feb 2022 | JP¥3.9t | JP¥18.4t | JP¥66.1b | 14.2x | 59.3x | 0.2x |
| Sun, 02 Jan 2022 | JP¥4.0t | JP¥17.9t | JP¥317.1b | 12.2x | 12.5x | 0.2x |
| Tue, 30 Nov 2021 | JP¥3.8t | JP¥17.9t | JP¥317.8b | 11.6x | 12.1x | 0.2x |
| Thu, 28 Oct 2021 | JP¥4.0t | JP¥18.8t | JP¥458.0b | 10.7x | 8.7x | 0.2x |
| Sat, 25 Sep 2021 | JP¥4.3t | JP¥18.8t | JP¥458.0b | 11.4x | 9.4x | 0.2x |
| Mon, 23 Aug 2021 | JP¥4.1t | JP¥18.8t | JP¥458.0b | 11.1x | 9x | 0.2x |
| Sat, 10 Jul 2021 | JP¥4.2t | JP¥18.8t | JP¥458.0b | 10.6x | 9.1x | 0.2x |
| Fri, 02 Apr 2021 | JP¥4.8t | JP¥19.9t | JP¥566.1b | 13.1x | 8.5x | 0.2x |
| Mon, 04 Jan 2021 | JP¥4.0t | JP¥19.3t | JP¥231.8b | 8.2x | 17.1x | 0.2x |
| Thu, 08 Oct 2020 | JP¥4.3t | JP¥19.7t | JP¥291.1b | 8.3x | 14.8x | 0.2x |
Price to Earnings Ratio
14.8x
Current Industry PE
- Investors are optimistic on the Japanese Electric Utilities industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 18.0x which is higher than its 3-year average PE of 4.6x.
- The industry is trading close to its 3-year average PS ratio of 0.22x.
Past Earnings Growth
- The earnings for companies in the Electric Utilities industry have grown 9.4% per year over the last three years.
- Revenues for these companies have grown 10% 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 Electric Utilities compare with similar industries?
| JP Market | 1.06% | |
| Utilities | 2.34% | |
| Electric Utilities | 1.55% | |
| Electric Utilities | 1.55% | |
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 | |
|---|---|---|---|---|---|
| 9501 Tokyo Electric Power Company Holdings | JP¥686.30 | 5.1% +JP¥52.9b | 47.3% | PE13.8x | |
| 9502 Chubu Electric Power Company | JP¥2.05k | 3.2% +JP¥48.4b | 47.6% | PE7x | |
| 9508 Kyushu Electric Power Company | JP¥1.04k | 2.6% +JP¥12.5b | 31.1% | PE10.2x | |
| 9505 Hokuriku Electric Power | JP¥884.10 | 2.7% +JP¥4.8b | 79.7% | PS0.2x | |
| 9504 Chugoku Electric Power | JP¥996.70 | 0.9% +JP¥3.2b | 30.1% | PS0.2x |