Japanese (NIKKEI) Gas Utilities Industry Analysis
- 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?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Thu, 09 Dec 2021 | JP¥2.5t | JP¥4.5t | JP¥166.8b | 14.7x |
| Sat, 06 Nov 2021 | JP¥2.5t | JP¥4.5t | JP¥170.5b | 12.3x |
| Mon, 04 Oct 2021 | JP¥2.8t | JP¥4.4t | JP¥184.4b | 13.5x |
| Wed, 01 Sep 2021 | JP¥2.9t | JP¥4.4t | JP¥184.3b | 13.2x |
| Thu, 08 Jul 2021 | JP¥2.9t | JP¥4.4t | JP¥184.3b | 12.6x |
| Wed, 31 Mar 2021 | JP¥3.3t | JP¥4.4t | JP¥173.5b | 14.2x |
| Sat, 02 Jan 2021 | JP¥3.2t | JP¥4.5t | JP¥165.8b | 14.2x |
| Tue, 06 Oct 2020 | JP¥3.0t | JP¥4.5t | JP¥134.4b | 17.3x |
| Fri, 10 Jul 2020 | JP¥3.1t | JP¥4.6t | JP¥98.1b | 18.4x |
| Thu, 02 Apr 2020 | JP¥2.9t | JP¥4.7t | JP¥134.7b | 15.5x |
| Sun, 05 Jan 2020 | JP¥3.0t | JP¥4.8t | JP¥207.8b | 13.9x |
| Wed, 09 Oct 2019 | JP¥2.9t | JP¥4.9t | JP¥198.2b | 13.9x |
| Tue, 02 Jul 2019 | JP¥2.7t | JP¥4.8t | JP¥181.9b | 13.1x |
| Fri, 05 Apr 2019 | JP¥3.2t | JP¥4.7t | JP¥159.0b | 16x |
| Mon, 07 Jan 2019 | JP¥3.0t | JP¥4.5t | JP¥108.5b | 19x |
19x
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 Utilities | 5.96% | |
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?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| 8174 Nippon Gas | 12.4%+JP¥20.1b | -13.2% | PE19.4x | |
| 9531 Tokyo GasLtd | 1.5%+JP¥12.7b | -11.2% | PE16.9x | |
| 9532 Osaka Gas | 0.7%+JP¥5.8b | -6.5% | PE9.7x | |
| 9536 Saibu Gas HoldingsLtd | 4.6%+JP¥3.7b | -37.4% | PE55.8x | |
| 1663 K&O Energy Group | -0.9%JP¥2.3b | -1.5% | PE15.9x |