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Japanese (NIKKEI) Renewable Energy Industry Analysis

UpdatedApr 30, 2024
DataAggregated Company Financials
Companies11
  • 7D0.4%
  • 3M4.2%
  • 1Y-0.3%
  • YTD9.2%

The Renewable Energy industry has been flat over the last week, but West Holdings has lost 7.1%. Furthermore, the industry has been flat for the past year as well. Earnings are forecast to grow by 6.3% annually.

Industry Valuation and Performance

Has the Japanese Renewable Energy Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 30 Apr 2024JP¥874.2bJP¥1.8tJP¥58.8b20.9x14.9x0.5x
Thu, 28 Mar 2024JP¥792.2bJP¥1.8tJP¥58.6b21.8x13.5x0.4x
Sat, 24 Feb 2024JP¥776.1bJP¥1.8tJP¥58.6b20.2x13.2x0.4x
Mon, 22 Jan 2024JP¥827.4bJP¥2.1tJP¥86.2b18.3x9.6x0.4x
Wed, 20 Dec 2023JP¥769.4bJP¥2.1tJP¥85.5b21.1x9x0.4x
Fri, 17 Nov 2023JP¥787.0bJP¥2.1tJP¥85.6b22x9.2x0.4x
Sun, 15 Oct 2023JP¥823.5bJP¥2.2tJP¥130.5b12.4x6.3x0.4x
Tue, 12 Sep 2023JP¥786.9bJP¥2.2tJP¥130.5b13.4x6x0.4x
Thu, 10 Aug 2023JP¥768.3bJP¥2.2tJP¥136.1b10.9x5.6x0.3x
Sat, 08 Jul 2023JP¥757.8bJP¥2.3tJP¥131.7b11.1x5.8x0.3x
Mon, 05 Jun 2023JP¥756.0bJP¥2.3tJP¥131.2b18.4x5.8x0.3x
Wed, 03 May 2023JP¥841.0bJP¥2.2tJP¥157.6b17.1x5.3x0.4x
Fri, 31 Mar 2023JP¥846.4bJP¥2.2tJP¥158.2b15x5.4x0.4x
Sun, 26 Feb 2023JP¥890.8bJP¥2.2tJP¥158.2b15.5x5.6x0.4x
Tue, 24 Jan 2023JP¥937.6bJP¥1.9tJP¥125.1b14.5x7.5x0.5x
Thu, 22 Dec 2022JP¥947.8bJP¥1.9tJP¥124.5b14.5x7.6x0.5x
Sat, 19 Nov 2022JP¥995.7bJP¥1.9tJP¥124.5b14x8x0.5x
Mon, 17 Oct 2022JP¥1.1tJP¥1.6tJP¥89.1b15.3x12x0.7x
Wed, 14 Sep 2022JP¥1.1tJP¥1.6tJP¥88.7b17.6x12.8x0.7x
Fri, 12 Aug 2022JP¥971.6bJP¥1.6tJP¥88.0b15.4x11x0.6x
Sun, 10 Jul 2022JP¥1.0tJP¥1.5tJP¥88.1b14.7x11.4x0.7x
Tue, 07 Jun 2022JP¥886.8bJP¥1.5tJP¥88.0b13.7x10.1x0.6x
Thu, 05 May 2022JP¥873.5bJP¥1.4tJP¥36.8b13.2x23.7x0.6x
Sat, 02 Apr 2022JP¥838.4bJP¥1.4tJP¥35.8b14.4x23.4x0.6x
Mon, 28 Feb 2022JP¥789.7bJP¥1.4tJP¥35.6b16.8x22.2x0.6x
Wed, 26 Jan 2022JP¥706.6bJP¥1.2tJP¥37.0b19.8x19.1x0.6x
Fri, 24 Dec 2021JP¥1.1tJP¥1.2tJP¥38.1b25.7x29.2x0.9x
Sun, 21 Nov 2021JP¥1.2tJP¥1.2tJP¥38.1b26.6x31.2x1x
Tue, 19 Oct 2021JP¥1.1tJP¥1.2tJP¥49.0b26.1x22.4x0.9x
Thu, 16 Sep 2021JP¥1.2tJP¥1.2tJP¥46.9b34.5x25.4x1x
Sat, 14 Aug 2021JP¥1.0tJP¥1.2tJP¥46.9b22.9x22.3x0.9x
Wed, 09 Jun 2021JP¥868.4bJP¥1.2tJP¥43.5b24.6x20x0.7x
Price to Earnings Ratio

20.6x


Total Market Cap: JP¥890.4bTotal Earnings: JP¥43.2bTotal Revenue: JP¥1.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Renewable Energy Industry Price to Earnings3Y Average 13.7x202220232024
Current Industry PE
  • Investors are relatively neutral on the Japanese Renewable Energy industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 13.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.57x.
Past Earnings Growth
  • The earnings for companies in the Renewable Energy industry have grown 11% per year over the last three years.
  • Revenues for these companies have grown 16% 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%
Renewable Energy0.45%
Renewable Energy4.74%
Independent Power Producers and Energy Traders-2.58%
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 13.1x.
    • Analysts are expecting annual earnings growth of 0.7%, which is higher than its past year's earnings decline of 13.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 15% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
9513 Electric Power DevelopmentJP¥2.68k1.2%
+JP¥5.7b
22.9%PE8.3x
2743 Pixel CompanyzJP¥240.005.7%
+JP¥1.1b
445.5%PS32.6x
9522 Renewable JapanJP¥913.001.1%
+JP¥298.7m
59.3%PE25.1x
1711 SDS HOLDINGSLtdJP¥576.002.7%
+JP¥147.5m
84.6%PS1.5x
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