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Japanese (NIKKEI) Gas Utilities Industry Analysis

UpdatedApr 30, 2024
DataAggregated Company Financials
Companies12
  • 7D-2.0%
  • 3M14.3%
  • 1Y37.1%
  • YTD13.2%

Over the last 7 days, the Gas Utilities industry has risen 2.2%, driven by gains from Toho Gas of 11%. During this same period, the Tokyo GasLtd underperformed, falling 9.0%. This takes the industry's 12 month performance to a gain of 38%. As for the next few years, earnings are forecast to decline by 9.2% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 30 Apr 2024JP¥3.9tJP¥6.8tJP¥443.5b9.2x8.9x0.6x
Thu, 28 Mar 2024JP¥3.8tJP¥7.0tJP¥516.6b9x7.4x0.5x
Sat, 24 Feb 2024JP¥3.5tJP¥7.0tJP¥516.4b8.4x6.8x0.5x
Mon, 22 Jan 2024JP¥3.5tJP¥7.5tJP¥604.5b7.9x5.8x0.5x
Wed, 20 Dec 2023JP¥3.5tJP¥7.5tJP¥604.5b7.7x5.8x0.5x
Fri, 17 Nov 2023JP¥3.5tJP¥7.5tJP¥604.1b7.5x5.7x0.5x
Sun, 15 Oct 2023JP¥3.4tJP¥7.7tJP¥533.4b8x6.3x0.4x
Tue, 12 Sep 2023JP¥3.3tJP¥7.7tJP¥533.4b8.1x6.2x0.4x
Thu, 10 Aug 2023JP¥3.2tJP¥7.7tJP¥532.5b7.7x6x0.4x
Sat, 08 Jul 2023JP¥3.0tJP¥7.6tJP¥434.0b8.5x7x0.4x
Mon, 05 Jun 2023JP¥3.1tJP¥7.6tJP¥433.7b9.5x7.1x0.4x
Wed, 03 May 2023JP¥3.0tJP¥7.4tJP¥446.9b11.5x6.7x0.4x
Fri, 31 Mar 2023JP¥2.8tJP¥7.1tJP¥377.1b11.4x7.4x0.4x
Sun, 26 Feb 2023JP¥2.8tJP¥7.1tJP¥377.1b11.7x7.5x0.4x
Tue, 24 Jan 2023JP¥2.7tJP¥6.3tJP¥247.5b12.1x11x0.4x
Thu, 22 Dec 2022JP¥2.8tJP¥6.3tJP¥247.5b12.4x11.3x0.4x
Sat, 19 Nov 2022JP¥2.8tJP¥6.3tJP¥247.4b13.1x11.2x0.4x
Mon, 17 Oct 2022JP¥2.9tJP¥5.7tJP¥272.9b13.4x10.6x0.5x
Wed, 14 Sep 2022JP¥3.0tJP¥5.7tJP¥272.8b13.3x10.8x0.5x
Fri, 12 Aug 2022JP¥2.9tJP¥5.7tJP¥272.1b13.9x10.8x0.5x
Sun, 10 Jul 2022JP¥2.9tJP¥5.2tJP¥261.6b15.8x11.2x0.6x
Tue, 07 Jun 2022JP¥3.0tJP¥5.2tJP¥261.9b14.5x11.6x0.6x
Thu, 05 May 2022JP¥2.8tJP¥5.2tJP¥264.9b15.7x10.7x0.5x
Sat, 02 Apr 2022JP¥2.6tJP¥4.7tJP¥136.7b15.8x18.9x0.5x
Mon, 28 Feb 2022JP¥2.7tJP¥4.7tJP¥136.7b15.1x19.6x0.6x
Wed, 26 Jan 2022JP¥2.6tJP¥4.5tJP¥166.9b15x15.5x0.6x
Fri, 24 Dec 2021JP¥2.5tJP¥4.5tJP¥166.9b14.8x15.1x0.6x
Sun, 21 Nov 2021JP¥2.4tJP¥4.5tJP¥166.8b14.9x14.6x0.5x
Tue, 19 Oct 2021JP¥2.5tJP¥4.4tJP¥184.4b13.1x13.6x0.6x
Thu, 16 Sep 2021JP¥3.0tJP¥4.4tJP¥184.4b13.5x16x0.7x
Sat, 14 Aug 2021JP¥2.9tJP¥4.4tJP¥184.3b12.5x15.9x0.7x
Wed, 09 Jun 2021JP¥3.0tJP¥4.4tJP¥173.5b12.3x17.1x0.7x
Price to Earnings Ratio

17.5x


Total Market Cap: JP¥3.0tTotal Earnings: JP¥173.5bTotal Revenue: JP¥4.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Gas Utilities Industry Price to Earnings3Y Average 10.9x202220232024
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 8.9x which is lower than its 3-year average PE of 10.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.51x.
Past Earnings Growth
  • The earnings for companies in the Gas Utilities industry have grown 37% per year over the last three years.
  • Revenues for these companies have grown 15% 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 Market0.80%
Utilities-4.07%
Gas Utilities-2.00%
Gas Utilities-2.00%
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?

CompanyLast Price7D1YValuation
9533 Toho GasJP¥4.05k7.1%
+JP¥26.0b		59.3%PE15.5x
9534 Hokkaido GasJP¥3.08k4.8%
+JP¥2.5b		48.6%PE4.6x
1663 K&O Energy GroupJP¥3.42k1.2%
+JP¥1.1b		44.8%PE14.1x
9535 HIROSHIMA GASLtdJP¥384.000.8%
+JP¥205.5m		3.5%PE5.7x
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Latest News

9536

JP¥1,965.00

Saibu Gas HoldingsLtd

7D

-2.4%

1Y

2.0%

9534

JP¥3,080.00

Hokkaido Gas

7D

4.8%

1Y

48.6%

9531

JP¥3,539.00

Tokyo GasLtd

7D

-12.7%

1Y

26.0%

9533

JP¥4,050.00

Toho Gas

7D

7.1%

1Y

59.3%

3361

JP¥759.00

ToellLtd

7D

-6.4%

1Y

0.7%

9543

JP¥966.00

Shizuoka Gas

7D

-1.2%

1Y

-13.9%

Shizuoka Gas' (TSE:9543) Dividend Will Be ¥13.00

Apr 25
Shizuoka Gas' (TSE:9543) Dividend Will Be ¥13.00

8174

JP¥2,568.00

Nippon Gas

7D

-0.8%

1Y

33.5%

Nippon Gas Co., Ltd.'s (TSE:8174) Price Is Out Of Tune With Earnings

Apr 17
Nippon Gas Co., Ltd.'s (TSE:8174) Price Is Out Of Tune With Earnings

1663

JP¥3,415.00

K&O Energy Group

7D

1.2%

1Y

44.8%

K&O Energy Group (TSE:1663) Will Pay A Dividend Of ¥20.00

Apr 11
K&O Energy Group (TSE:1663) Will Pay A Dividend Of ¥20.00

9537

JP¥3,610.00

Hokuriku GasLtd

7D

-0.6%

1Y

21.5%

9532

JP¥3,500.00

Osaka Gas

7D

-0.3%

1Y

56.5%

9539

JP¥2,757.00

Keiyo Gas

7D

-2.2%

1Y

11.3%

9535

JP¥384.00

HIROSHIMA GASLtd

7D

0.8%

1Y

3.5%