Japanese (NIKKEI) Renewable Energy Industry Analysis
UpdatedFeb 03, 2023
DataAggregated Company Financials
Companies11
- 7D1.9%
- 3M-9.2%
- 1Y17.1%
- YTD3.8%
Over the last 7 days, the Renewable Energy industry has remained flat. The past year has been better, since the industry has gained 23% in that time. Looking forward, earnings are forecast to grow by 6.8% annually.
Industry Valuation and Performance
Has the Japanese Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 03 Feb 2023 | JP¥948.1b | JP¥2.2t | JP¥155.6b | 14.8x | 6.1x | 0.4x |
| Sun, 01 Jan 2023 | JP¥950.3b | JP¥1.9t | JP¥124.5b | 13.7x | 7.6x | 0.5x |
| Tue, 29 Nov 2022 | JP¥1.0t | JP¥1.9t | JP¥124.5b | 14.1x | 8.3x | 0.5x |
| Thu, 27 Oct 2022 | JP¥1.1t | JP¥1.6t | JP¥89.3b | 15.2x | 11.8x | 0.7x |
| Sat, 24 Sep 2022 | JP¥1.1t | JP¥1.6t | JP¥88.6b | 16.4x | 12.4x | 0.7x |
| Mon, 22 Aug 2022 | JP¥1.0t | JP¥1.6t | JP¥88.7b | 17.7x | 11.7x | 0.6x |
| Wed, 20 Jul 2022 | JP¥998.9b | JP¥1.5t | JP¥86.0b | 14.3x | 11.6x | 0.7x |
| Fri, 17 Jun 2022 | JP¥874.4b | JP¥1.5t | JP¥87.9b | 13.9x | 9.9x | 0.6x |
| Sun, 15 May 2022 | JP¥905.6b | JP¥1.4t | JP¥88.6b | 13x | 10.2x | 0.6x |
| Tue, 12 Apr 2022 | JP¥882.4b | JP¥1.4t | JP¥36.3b | 14.6x | 24.3x | 0.6x |
| Thu, 10 Mar 2022 | JP¥839.1b | JP¥1.4t | JP¥35.6b | 19.4x | 23.6x | 0.6x |
| Sat, 05 Feb 2022 | JP¥808.3b | JP¥1.3t | JP¥36.9b | 20.6x | 21.9x | 0.6x |
| Mon, 03 Jan 2022 | JP¥892.3b | JP¥1.2t | JP¥38.1b | 24.5x | 23.4x | 0.7x |
| Wed, 01 Dec 2021 | JP¥1.2t | JP¥1.2t | JP¥38.1b | n/a | 30.5x | 0.9x |
| Fri, 29 Oct 2021 | JP¥1.1t | JP¥1.2t | JP¥49.0b | 27.2x | 22.8x | 0.9x |
| Sun, 26 Sep 2021 | JP¥1.2t | JP¥1.2t | JP¥46.9b | 29x | 24.8x | 1x |
| Tue, 24 Aug 2021 | JP¥1.0t | JP¥1.2t | JP¥46.9b | 22.4x | 21.9x | 0.9x |
| Wed, 30 Jun 2021 | JP¥998.1b | JP¥1.2t | JP¥46.9b | 24.3x | 21.3x | 0.8x |
| Sat, 03 Apr 2021 | JP¥944.1b | JP¥1.2t | JP¥43.0b | 21.2x | 21.9x | 0.8x |
| Tue, 05 Jan 2021 | JP¥889.7b | JP¥1.1t | JP¥69.9b | 25.3x | 12.7x | 0.8x |
| Fri, 09 Oct 2020 | JP¥567.6b | JP¥1.1t | JP¥59.7b | 16.9x | 9.5x | 0.5x |
| Thu, 02 Jul 2020 | JP¥623.2b | JP¥1.1t | JP¥47.9b | 16.7x | 13x | 0.6x |
| Sun, 05 Apr 2020 | JP¥601.7b | JP¥1.1t | JP¥55.7b | 12.4x | 10.8x | 0.5x |
Price to Earnings Ratio
16.2x
Current Industry PE
- Investors are pessimistic on the Japanese Renewable Energy 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 7.5x which is lower than its 3-year average PE of 15.8x.
- The industry is trading close to its 3-year average PS ratio of 0.68x.
Past Earnings Growth
- The earnings for companies in the Renewable Energy industry have grown 41% per year over the last three years.
- Revenues for these companies have grown 21% 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 | -0.51% | |
| Utilities | 3.45% | |
| Renewable Energy | 1.90% | |
| Independent Power Producers and Energy Traders | 5.13% | |
| Renewable Energy | -0.35% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 29.6x.
- Analysts are expecting annual earnings growth of 20.9%, which is higher than its past year's earnings decline of 0.8% per year.
- Investors are most pessimistic about the Independent Power Producers and Energy Traders industry, which is trading below its 3-year average of 14.8x.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 21% over the next 5 years.
- This is better than its past earnings decline of 0.8% per year.
- In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings decline by 12% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 9513 Electric Power Development | JP¥2.13k | 2.9% +JP¥10.8b | 13.1% | PE2.8x | |
| 9517 eREXLtd | JP¥2.38k | 1.8% +JP¥2.4b | 57.8% | PE14.3x | |
| 3498 Kasumigaseki CapitalLtd | JP¥4.15k | 2.1% +JP¥679.5m | 72.4% | PE19.2x | |
| 2743 Pixel Companyz | JP¥48.00 | 4.3% +JP¥83.5m | 6.7% | PS3.5x |