Japanese (NIKKEI) Gas Utilities Industry Analysis
UpdatedDec 02, 2023
DataAggregated Company Financials
Companies12
- 7D0.6%
- 3M6.4%
- 1Y28.0%
- YTD31.8%
In the last week, Gas Utilities has been flat. As for the the longer term, the industry is up 21% over the past 12 months. As for the next few years, earnings are forecast to decline by 18% per annum.
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, 02 Dec 2023 | JP¥3.5t | JP¥7.5t | JP¥604.5b | 7.6x | 5.7x | 0.5x |
| Mon, 30 Oct 2023 | JP¥3.3t | JP¥7.5t | JP¥596.2b | 6.1x | 5.5x | 0.4x |
| Wed, 27 Sep 2023 | JP¥3.4t | JP¥7.7t | JP¥533.4b | 8.1x | 6.3x | 0.4x |
| Fri, 25 Aug 2023 | JP¥3.2t | JP¥7.7t | JP¥533.4b | 7.6x | 6x | 0.4x |
| Sun, 23 Jul 2023 | JP¥3.1t | JP¥7.6t | JP¥434.0b | 8.6x | 7.1x | 0.4x |
| Tue, 20 Jun 2023 | JP¥3.2t | JP¥7.6t | JP¥434.0b | 8.8x | 7.3x | 0.4x |
| Thu, 18 May 2023 | JP¥3.1t | JP¥7.6t | JP¥432.1b | 9.7x | 7.2x | 0.4x |
| Sat, 15 Apr 2023 | JP¥2.8t | JP¥7.1t | JP¥377.1b | 11.9x | 7.4x | 0.4x |
| Mon, 13 Mar 2023 | JP¥2.9t | JP¥7.1t | JP¥377.1b | 12.1x | 7.6x | 0.4x |
| Wed, 08 Feb 2023 | JP¥2.9t | JP¥7.0t | JP¥375.8b | 11.1x | 7.6x | 0.4x |
| Fri, 06 Jan 2023 | JP¥2.7t | JP¥6.3t | JP¥247.5b | 12.1x | 10.9x | 0.4x |
| Sun, 04 Dec 2022 | JP¥2.8t | JP¥6.3t | JP¥247.4b | 13.3x | 11.2x | 0.4x |
| Tue, 01 Nov 2022 | JP¥2.9t | JP¥6.0t | JP¥289.3b | 13.5x | 10.1x | 0.5x |
| Thu, 29 Sep 2022 | JP¥2.8t | JP¥5.7t | JP¥272.9b | 12.5x | 10.4x | 0.5x |
| Sat, 27 Aug 2022 | JP¥3.0t | JP¥5.7t | JP¥272.8b | 13x | 11x | 0.5x |
| Mon, 25 Jul 2022 | JP¥2.9t | JP¥5.2t | JP¥261.6b | 16.2x | 11.2x | 0.6x |
| Wed, 22 Jun 2022 | JP¥2.9t | JP¥5.2t | JP¥261.6b | 15.6x | 11.3x | 0.6x |
| Fri, 20 May 2022 | JP¥3.0t | JP¥5.2t | JP¥262.0b | 14.5x | 11.5x | 0.6x |
| Sun, 17 Apr 2022 | JP¥2.6t | JP¥4.7t | JP¥136.7b | 15.6x | 19x | 0.5x |
| Tue, 15 Mar 2022 | JP¥2.6t | JP¥4.7t | JP¥136.7b | 15.6x | 19.1x | 0.6x |
| Thu, 10 Feb 2022 | JP¥2.7t | JP¥4.7t | JP¥137.3b | 15.4x | 19.9x | 0.6x |
| Sat, 08 Jan 2022 | JP¥2.6t | JP¥4.5t | JP¥166.9b | 14.4x | 15.3x | 0.6x |
| Mon, 06 Dec 2021 | JP¥2.5t | JP¥4.5t | JP¥166.8b | 14.7x | 14.7x | 0.5x |
| Wed, 03 Nov 2021 | JP¥2.5t | JP¥4.5t | JP¥170.5b | n/a | 14.8x | 0.6x |
| Fri, 01 Oct 2021 | JP¥2.8t | JP¥4.4t | JP¥184.4b | 13.7x | 15.2x | 0.6x |
| Sun, 29 Aug 2021 | JP¥2.8t | JP¥4.4t | JP¥184.3b | 12.9x | 15.4x | 0.6x |
| Mon, 05 Jul 2021 | JP¥2.9t | JP¥4.4t | JP¥184.3b | 12.6x | 15.7x | 0.7x |
| Thu, 08 Apr 2021 | JP¥3.3t | JP¥4.4t | JP¥173.5b | 14.2x | 18.9x | 0.7x |
| Sun, 10 Jan 2021 | JP¥3.2t | JP¥4.5t | JP¥165.8b | 14.2x | 19.4x | 0.7x |
Price to Earnings Ratio
23.5x
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 5.6x which is lower than its 3-year average PE of 12.9x.
- The industry is trading close to its 3-year average PS ratio of 0.54x.
Past Earnings Growth
- The earnings for companies in the Gas Utilities industry have grown 65% per year over the last three years.
- Revenues for these companies have grown 18% 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 Gas Utilities compare with similar industries?
| JP Market | -0.35% | |
| Utilities | 0.98% | |
| Gas Utilities | 0.58% | |
| Gas Utilities | 0.58% | |
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 | |
|---|---|---|---|---|---|
| 9531 Tokyo GasLtd | JP¥3.42k | 1.5% +JP¥20.7b | 38.4% | PE4.5x | |
| 9532 Osaka Gas | JP¥2.89k | 0.5% +JP¥6.0b | 38.3% | PE6.8x | |
| 9543 Shizuoka Gas | JP¥1.02k | 1.1% +JP¥816.0m | -4.9% | PE4.6x | |
| 9537 Hokuriku GasLtd | JP¥3.44k | 2.2% +JP¥347.6m | 14.6% | PE74.4x | |
| 9539 Keiyo Gas | JP¥2.45k | 0.7% +JP¥182.2m | 3.4% | PE18.2x |