Japanese (NIKKEI) Gas Utilities Industry Analysis
UpdatedDec 02, 2022
DataAggregated Company Financials
Companies12
- 7D-3.8%
- 3M-4.4%
- 1Y13.6%
- YTD10.3%
Over the last 7 days, the Gas Utilities industry has dropped 3.8%, driven by Tokyo GasLtd declining 4.4%. Over the past 12 months, the industry was up 14%. Looking forward, earnings are expected to remain mostly flat in the next few years.
Industry Valuation and Performance
Has the Japanese Gas Utilities Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 03 Dec 2022 | JP¥2.8t | JP¥6.3t | JP¥247.4b | 13.4x | 11.2x | 0.4x |
| Mon, 31 Oct 2022 | JP¥2.9t | JP¥6.0t | JP¥289.3b | 13.4x | 10x | 0.5x |
| Wed, 28 Sep 2022 | JP¥2.8t | JP¥5.7t | JP¥272.9b | 12.4x | 10.4x | 0.5x |
| Fri, 26 Aug 2022 | JP¥3.0t | JP¥5.7t | JP¥272.8b | 12.9x | 10.9x | 0.5x |
| Sun, 24 Jul 2022 | JP¥2.9t | JP¥5.2t | JP¥261.6b | 16.1x | 11.2x | 0.6x |
| Tue, 21 Jun 2022 | JP¥3.0t | JP¥5.2t | JP¥261.6b | 15.5x | 11.3x | 0.6x |
| Thu, 19 May 2022 | JP¥3.0t | JP¥5.2t | JP¥262.0b | 14.4x | 11.3x | 0.6x |
| Sat, 16 Apr 2022 | JP¥2.6t | JP¥4.7t | JP¥136.7b | 15.6x | 19x | 0.5x |
| Mon, 14 Mar 2022 | JP¥2.7t | JP¥4.7t | JP¥136.7b | 15.4x | 19.9x | 0.6x |
| Wed, 09 Feb 2022 | JP¥2.7t | JP¥4.7t | JP¥137.6b | 15.6x | 19.8x | 0.6x |
| Fri, 07 Jan 2022 | JP¥2.5t | JP¥4.5t | JP¥166.9b | n/a | 15.2x | 0.6x |
| Sun, 05 Dec 2021 | JP¥2.5t | JP¥4.5t | JP¥166.8b | 14.7x | 14.7x | 0.5x |
| Tue, 02 Nov 2021 | JP¥2.5t | JP¥4.5t | JP¥170.5b | 12.6x | 14.8x | 0.6x |
| Thu, 30 Sep 2021 | JP¥2.8t | JP¥4.4t | JP¥184.4b | 13.8x | 15.4x | 0.6x |
| Sat, 28 Aug 2021 | JP¥2.8t | JP¥4.4t | JP¥184.3b | 12.9x | 15.4x | 0.6x |
| Sun, 04 Jul 2021 | JP¥2.9t | JP¥4.4t | JP¥184.3b | 12.6x | 15.7x | 0.7x |
| Wed, 07 Apr 2021 | JP¥3.3t | JP¥4.4t | JP¥173.5b | 14.2x | 18.9x | 0.7x |
| Sat, 09 Jan 2021 | JP¥3.2t | JP¥4.5t | JP¥165.8b | 14.2x | 19.4x | 0.7x |
| Fri, 02 Oct 2020 | JP¥3.0t | JP¥4.5t | JP¥134.4b | 17.3x | 22.3x | 0.7x |
| Mon, 06 Jul 2020 | JP¥3.1t | JP¥4.6t | JP¥98.1b | 18.4x | 31.7x | 0.7x |
| Thu, 09 Apr 2020 | JP¥2.9t | JP¥4.7t | JP¥134.7b | 15.5x | 21.9x | 0.6x |
| Wed, 01 Jan 2020 | JP¥3.0t | JP¥4.8t | JP¥207.8b | 13.9x | 14.3x | 0.6x |
Price to Earnings Ratio
14.7x
Current Industry PE
- Investors are pessimistic on the Japanese Gas 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 11.2x which is lower than its 3-year average PE of 17.5x.
- The industry is trading close to its 3-year average PS ratio of 0.61x.
Past Earnings Growth
- The earnings for companies in the Gas Utilities industry have grown 7.7% per year over the last three years.
- Revenues for these companies have grown 8.7% 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 industry?
| JP Market | -1.45% | |
| Utilities | -4.72% | |
| Gas Utilities | -3.78% | |
| Gas Utilities | -3.78% | |
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 | |
|---|---|---|---|---|---|
| 9537 Hokuriku GasLtd | JP¥3.00k | 3.3% +JP¥459.7m | -4.4% | PE11.5x |