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Japanese (NIKKEI) Renewable Energy Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies10
- 7D2.1%
- 3M1.9%
- 1Y8.2%
- YTD2.0%
Last week, the Renewable Energy industry hasn't moved much but Renewable Japan is up 134% in that time. As for the the longer term, the industry is up 8.1% over the past 12 months. As for the next few years, earnings are forecast to decline by 4.3% per annum.
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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | JP¥702.0b | JP¥1.6t | JP¥93.7b | 20.4x | 7.5x | 0.4x |
| Sat, 19 Oct 2024 | JP¥663.5b | JP¥1.6t | JP¥77.2b | 27.6x | 8.6x | 0.4x |
| Mon, 16 Sep 2024 | JP¥647.5b | JP¥1.6t | JP¥77.2b | 28x | 8.4x | 0.4x |
| Wed, 14 Aug 2024 | JP¥658.7b | JP¥1.6t | JP¥78.4b | 27.6x | 8.4x | 0.4x |
| Fri, 12 Jul 2024 | JP¥694.4b | JP¥1.6t | JP¥64.8b | 39.3x | 10.7x | 0.4x |
| Sun, 09 Jun 2024 | JP¥713.0b | JP¥1.6t | JP¥64.7b | 48x | 11x | 0.4x |
| Tue, 07 May 2024 | JP¥886.2b | JP¥1.8t | JP¥58.8b | 21x | 15.1x | 0.5x |
| Thu, 04 Apr 2024 | JP¥796.4b | JP¥1.8t | JP¥58.6b | 21x | 13.6x | 0.4x |
| Sat, 02 Mar 2024 | JP¥766.3b | JP¥1.8t | JP¥58.6b | 19.9x | 13.1x | 0.4x |
| Mon, 29 Jan 2024 | JP¥864.8b | JP¥2.1t | JP¥86.2b | 20.2x | 10x | 0.4x |
| Wed, 27 Dec 2023 | JP¥762.7b | JP¥2.1t | JP¥85.5b | 20.6x | 8.9x | 0.4x |
| Fri, 24 Nov 2023 | JP¥768.1b | JP¥2.1t | JP¥85.6b | 22x | 9x | 0.4x |
| Sun, 22 Oct 2023 | JP¥803.1b | JP¥2.2t | JP¥129.8b | 12x | 6.2x | 0.4x |
| Tue, 19 Sep 2023 | JP¥831.9b | JP¥2.2t | JP¥130.5b | 13.9x | 6.4x | 0.4x |
| Thu, 17 Aug 2023 | JP¥746.5b | JP¥2.2t | JP¥130.5b | 15x | 5.7x | 0.3x |
| Sat, 15 Jul 2023 | JP¥764.0b | JP¥2.3t | JP¥131.7b | 10.8x | 5.8x | 0.3x |
| Mon, 12 Jun 2023 | JP¥751.7b | JP¥2.3t | JP¥131.2b | 18.3x | 5.7x | 0.3x |
| Wed, 10 May 2023 | JP¥862.9b | JP¥2.2t | JP¥157.6b | 17.2x | 5.5x | 0.4x |
| Fri, 07 Apr 2023 | JP¥839.7b | JP¥2.2t | JP¥158.2b | 18.4x | 5.3x | 0.4x |
| Sun, 05 Mar 2023 | JP¥884.1b | JP¥2.2t | JP¥158.2b | 15.8x | 5.6x | 0.4x |
| Tue, 31 Jan 2023 | JP¥922.9b | JP¥1.9t | JP¥125.1b | 14.8x | 7.4x | 0.5x |
| Thu, 29 Dec 2022 | JP¥942.7b | JP¥1.9t | JP¥124.5b | 13.7x | 7.6x | 0.5x |
| Sat, 26 Nov 2022 | JP¥1.0t | JP¥1.9t | JP¥124.5b | 14.1x | 8.3x | 0.5x |
| Mon, 24 Oct 2022 | JP¥1.1t | JP¥1.6t | JP¥89.3b | 15.3x | 11.8x | 0.7x |
| Wed, 21 Sep 2022 | JP¥1.1t | JP¥1.6t | JP¥88.6b | 16.2x | 12.4x | 0.7x |
| Fri, 19 Aug 2022 | JP¥1.0t | JP¥1.6t | JP¥88.7b | 17.3x | 11.7x | 0.6x |
| Sun, 17 Jul 2022 | JP¥998.9b | JP¥1.5t | JP¥88.1b | 14.3x | 11.3x | 0.7x |
| Tue, 14 Jun 2022 | JP¥913.9b | JP¥1.5t | JP¥88.0b | 14x | 10.4x | 0.6x |
| Thu, 12 May 2022 | JP¥860.3b | JP¥1.4t | JP¥25.6b | 16x | 33.6x | 0.6x |
| Sat, 09 Apr 2022 | JP¥869.3b | JP¥1.4t | JP¥36.3b | 13.7x | 24x | 0.6x |
| Mon, 07 Mar 2022 | JP¥824.0b | JP¥1.4t | JP¥35.6b | 18.3x | 23.1x | 0.6x |
| Wed, 02 Feb 2022 | JP¥755.1b | JP¥1.2t | JP¥37.0b | 19.5x | 20.4x | 0.6x |
| Fri, 31 Dec 2021 | JP¥892.3b | JP¥1.2t | JP¥38.1b | 24.5x | 23.4x | 0.7x |
| Sun, 28 Nov 2021 | JP¥1.2t | JP¥1.2t | JP¥38.1b | 29.5x | 31.3x | 1x |
Price to Earnings Ratio
31.3x
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 7.4x which is lower than its 3-year average PE of 11.4x.
- The industry is trading close to its 3-year average PS ratio of 0.49x.
Past Earnings Growth
- The earnings for companies in the Renewable Energy industry have grown 36% per year over the last three years.
- Revenues for these companies have grown 9.4% 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 | -0.44% | |
| Utilities | -4.46% | |
| Renewable Energy | 2.07% | |
| Renewable Energy | 11.63% | |
| Independent Power Producers and Energy Traders | -1.74% | |
Industry PE
- Investors are most optimistic about the Independent Power Producers and Energy Traders industry even though it's trading below its 3-year average PE ratio of 11.3x.
- Analysts are expecting annual earnings decline of 8.6%, which is lower than the prior year's growth of 8.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 11% over the next 5 years.
- This is better than its past earnings decline of 27% per year.
- In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings decline by 8.6% 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 | |
|---|---|---|---|---|---|
| 9522 Renewable Japan | JP¥1.25k | 131.6% +JP¥21.2b | 74.3% | PE85.4x | |
| 176A Rezil | JP¥1.85k | 30.3% +JP¥8.0b | n/a | n/a | |
| 9514 EF-ON | JP¥425.00 | 9.8% +JP¥811.6m | -11.8% | PE21.7x | |
| 9519 RENOVA | JP¥811.00 | 0.1% +JP¥90.4m | -26.1% | PE12.4x | |
| 1436 GreenEnergy | JP¥2.04k | 0.9% +JP¥73.4m | 156.5% | PE28.9x |
