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Japanese (NIKKEI) Gas Utilities Industry Analysis

UpdatedDec 07, 2021
DataAggregated Company Financials
Companies12
  • 7D6.0%
  • 3M-16.1%
  • 1Y-19.0%
  • YTD-21.9%

Over the last 7 days, the Gas Utilities industry has dropped 1.6%, driven by a pullback from Tokyo GasLtd of 1.6%. However, the industry is down 20% over the past year.

Industry Valuation and Performance

Has the Japanese Gas Utilities Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Thu, 09 Dec 2021JP¥2.5tJP¥4.5tJP¥166.8b14.7x
Sat, 06 Nov 2021JP¥2.5tJP¥4.5tJP¥170.5b12.3x
Mon, 04 Oct 2021JP¥2.8tJP¥4.4tJP¥184.4b13.5x
Wed, 01 Sep 2021JP¥2.9tJP¥4.4tJP¥184.3b13.2x
Thu, 08 Jul 2021JP¥2.9tJP¥4.4tJP¥184.3b12.6x
Wed, 31 Mar 2021JP¥3.3tJP¥4.4tJP¥173.5b14.2x
Sat, 02 Jan 2021JP¥3.2tJP¥4.5tJP¥165.8b14.2x
Tue, 06 Oct 2020JP¥3.0tJP¥4.5tJP¥134.4b17.3x
Fri, 10 Jul 2020JP¥3.1tJP¥4.6tJP¥98.1b18.4x
Thu, 02 Apr 2020JP¥2.9tJP¥4.7tJP¥134.7b15.5x
Sun, 05 Jan 2020JP¥3.0tJP¥4.8tJP¥207.8b13.9x
Wed, 09 Oct 2019JP¥2.9tJP¥4.9tJP¥198.2b13.9x
Tue, 02 Jul 2019JP¥2.7tJP¥4.8tJP¥181.9b13.1x
Fri, 05 Apr 2019JP¥3.2tJP¥4.7tJP¥159.0b16x
Mon, 07 Jan 2019JP¥3.0tJP¥4.5tJP¥108.5b19x
PE Ratio

19x

Total Market Cap: JP¥3.0tTotal Earnings: JP¥108.5bTotal Revenue: JP¥4.5t0%0%0%3 Year10 Year
20202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 14.9x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Gas Utilities industry have grown 5.4% per year over the last three years, while revenues have remained mostly flat. This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Japanese Gas Utilities industry?

Gas Utilities5.96%

Industry PE: Investors are most optimistic about the Gas Utilities industry, which is trading close to its 3-year average PE ratio of 14.9x. However analysts are expecting annual earnings growth of 13%, which is lower than the prior year's growth of 17% per year. So the market might believe that analysts are underestimating future growth.

Forecasted Growth: Analysts are most optimistic on the Gas Utilities industry, expecting annual earnings growth of 13% over the next 5 years. However this is lower than its past earnings growth rate of 17% per year.

Top Stock Gainers and Losers

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

Company7D1YValuation
8174 Nippon Gas12.4%+JP¥20.1b-13.2%PE19.4x
9531 Tokyo GasLtd1.5%+JP¥12.7b-11.2%PE16.9x
9532 Osaka Gas0.7%+JP¥5.8b-6.5%PE9.7x
9536 Saibu Gas HoldingsLtd4.6%+JP¥3.7b-37.4%PE55.8x
1663 K&O Energy Group-0.9%JP¥2.3b-1.5%PE15.9x
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