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Japanese (NIKKEI) Renewable Energy Industry Analysis

UpdatedJul 01, 2024
DataAggregated Company Financials
Companies10
  • 7D0.8%
  • 3M-4.3%
  • 1Y0.08%
  • YTD3.0%

The Renewable Energy industry has been flat over the last week, but RENOVA has lost 5.6%. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are expected to remain mostly flat in the next few years.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 01 Jul 2024JP¥708.8bJP¥1.6tJP¥64.8b41.1x10.9x0.4x
Wed, 29 May 2024JP¥828.9bJP¥1.7tJP¥71.6b30.8x11.6x0.5x
Fri, 26 Apr 2024JP¥870.1bJP¥1.8tJP¥58.8b21.3x14.8x0.5x
Sun, 24 Mar 2024JP¥800.2bJP¥1.8tJP¥58.6b22.1x13.7x0.4x
Tue, 20 Feb 2024JP¥790.4bJP¥1.8tJP¥58.6b20.7x13.5x0.4x
Thu, 18 Jan 2024JP¥843.7bJP¥2.1tJP¥86.2b19.3x9.8x0.4x
Sat, 16 Dec 2023JP¥761.7bJP¥2.1tJP¥85.5b20.8x8.9x0.4x
Mon, 13 Nov 2023JP¥773.3bJP¥2.1tJP¥85.6b22.3x9x0.4x
Wed, 11 Oct 2023JP¥806.9bJP¥2.2tJP¥130.5b12.9x6.2x0.4x
Fri, 08 Sep 2023JP¥789.4bJP¥2.2tJP¥130.5b13.8x6x0.4x
Sun, 06 Aug 2023JP¥754.1bJP¥2.2tJP¥139.4b11.2x5.4x0.3x
Tue, 04 Jul 2023JP¥756.6bJP¥2.3tJP¥131.3b11.3x5.8x0.3x
Thu, 01 Jun 2023JP¥745.1bJP¥2.3tJP¥131.2b17.6x5.7x0.3x
Sat, 29 Apr 2023JP¥848.6bJP¥2.2tJP¥157.6b17.1x5.4x0.4x
Mon, 27 Mar 2023JP¥841.1bJP¥2.2tJP¥158.2b14.8x5.3x0.4x
Wed, 22 Feb 2023JP¥913.3bJP¥2.2tJP¥158.2b15.6x5.8x0.4x
Fri, 20 Jan 2023JP¥936.9bJP¥1.9tJP¥125.1b14.3x7.5x0.5x
Sun, 18 Dec 2022JP¥986.8bJP¥1.9tJP¥124.5b15.1x7.9x0.5x
Tue, 15 Nov 2022JP¥1.0tJP¥1.9tJP¥124.2b14.6x8.2x0.5x
Thu, 13 Oct 2022JP¥1.1tJP¥1.6tJP¥89.1b15.7x11.9x0.7x
Sat, 10 Sep 2022JP¥1.1tJP¥1.6tJP¥88.7b17x12.8x0.7x
Mon, 08 Aug 2022JP¥945.5bJP¥1.6tJP¥85.0b15.1x11.1x0.6x
Wed, 06 Jul 2022JP¥1.0tJP¥1.5tJP¥88.1b14.1x11.5x0.7x
Fri, 03 Jun 2022JP¥878.7bJP¥1.5tJP¥88.0b13.1x10x0.6x
Sun, 01 May 2022JP¥863.2bJP¥1.4tJP¥36.8b13.6x23.5x0.6x
Tue, 29 Mar 2022JP¥850.8bJP¥1.4tJP¥35.8b14.3x23.8x0.6x
Thu, 24 Feb 2022JP¥781.3bJP¥1.4tJP¥35.6b16.9x21.9x0.6x
Sat, 22 Jan 2022JP¥724.2bJP¥1.2tJP¥37.0b20.8x19.6x0.6x
Mon, 20 Dec 2021JP¥1.1tJP¥1.2tJP¥38.1b27.4x28.7x0.9x
Wed, 17 Nov 2021JP¥1.2tJP¥1.2tJP¥38.4b26x30.3x0.9x
Fri, 15 Oct 2021JP¥1.0tJP¥1.2tJP¥47.6b23.6x21.9x0.9x
Sun, 12 Sep 2021JP¥1.3tJP¥1.2tJP¥46.9b25.4x26.8x1.1x
Tue, 10 Aug 2021JP¥1.1tJP¥1.2tJP¥46.9b27.7x22.9x0.9x
Price to Earnings Ratio

21.3x


Total Market Cap: JP¥998.1bTotal Earnings: JP¥46.9bTotal Revenue: JP¥1.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Renewable Energy Industry Price to Earnings3Y Average 13.1x202220232024
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 10.9x which is lower than its 3-year average PE of 13.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.55x.
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 11% 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 Market2.90%
Utilities0.58%
Renewable Energy0.78%
Independent Power Producers and Energy Traders1.79%
Renewable Energy-1.11%
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 12.7x.
    • Analysts are expecting annual earnings decline of 4.6%, which is less than its past year's earnings decline of 14.7%.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 17% over the next 5 years.
  • However this is lower than its past earnings growth rate of 70% per year.
  • In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings decline by 4.6% per year 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¥2.52k1.1%
+JP¥5.1b		16.9%PE5.9x
2743 Pixel CompanyzJP¥194.006.6%
+JP¥1.1b		312.8%PS26.2x
3777 Environment Friendly HoldingsJP¥37.002.8%
+JP¥282.9m		0%PE69.3x
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Latest News

9517

JP¥709.00

eREXLtd

7D

-4.4%

1Y

-36.5%

2743

JP¥194.00

Pixel Companyz

7D

6.6%

1Y

312.8%

1711

JP¥380.00

SDS HOLDINGSLtd

7D

-3.1%

1Y

29.7%

9519

JP¥966.00

RENOVA

7D

-5.6%

1Y

-40.2%

9522

JP¥822.00

Renewable Japan

7D

-9.4%

1Y

-8.3%

9514

JP¥404.00

EF-ON

7D

-2.9%

1Y

-28.2%

176A

JP¥1,500.00

Rezil

7D

-9.7%

1Y

n/a

1436

JP¥2,046.00

GreenEnergy

7D

-6.4%

1Y

129.4%

9513

JP¥2,519.00

Electric Power Development

7D

1.1%

1Y

16.9%

We Think That There Are More Issues For Electric Power Development (TSE:9513) Than Just Sluggish Earnings

May 21
We Think That There Are More Issues For Electric Power Development (TSE:9513) Than Just Sluggish Earnings

3777

JP¥37.00

Environment Friendly Holdings

7D

2.8%

1Y

0%