Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Japanese (NIKKEI) Market Analysis & Valuation

UpdatedNov 24, 2024
DataAggregated Company Financials
Companies3974
  • 7D-0.5%
  • 3M0.2%
  • 1Y10.8%
  • YTD11.3%

In the last week, the market has been flat, with a notable exception in the Healthcare sector dropping 3.6%. As for the longer term, the market has risen 11% in the past 12 months. As for the next few years, earnings are expected to grow by 7.9% per annum.

Trending IndustriesOil and GasBiotechSoftwareRenewable Energy

Market Valuation and Performance

Has the Japanese Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 24 Nov 2024JP¥940.8tJP¥1007.3tJP¥61.7t13.6x15.2x0.9x
Tue, 22 Oct 2024JP¥940.5tJP¥1001.0tJP¥60.1t13.4x15.7x0.9x
Thu, 19 Sep 2024JP¥906.9tJP¥987.2tJP¥59.7t13.4x15.2x0.9x
Sat, 17 Aug 2024JP¥942.3tJP¥998.0tJP¥59.9t13.3x15.7x0.9x
Mon, 15 Jul 2024JP¥1015.3tJP¥987.1tJP¥58.6t14.6x17.3x1x
Wed, 12 Jun 2024JP¥976.4tJP¥988.9tJP¥58.6t14.2x16.7x1x
Fri, 10 May 2024JP¥961.0tJP¥976.3tJP¥56.9t14.5x16.9x1x
Sun, 07 Apr 2024JP¥962.0tJP¥975.8tJP¥56.9t14.5x16.9x1x
Tue, 05 Mar 2024JP¥966.2tJP¥975.8tJP¥56.9t14.4x17x1x
Thu, 01 Feb 2024JP¥915.1tJP¥971.4tJP¥52.4t14.8x17.5x0.9x
Sat, 30 Dec 2023JP¥855.2tJP¥971.2tJP¥52.5t14.1x16.3x0.9x
Mon, 27 Nov 2023JP¥867.4tJP¥977.6tJP¥53.1t14.1x16.3x0.9x
Wed, 25 Oct 2023JP¥815.9tJP¥972.0tJP¥55.3t13.7x14.8x0.8x
Fri, 22 Sep 2023JP¥865.9tJP¥971.4tJP¥55.2t14.3x15.7x0.9x
Sun, 20 Aug 2023JP¥815.4tJP¥970.5tJP¥55.1t13.7x14.8x0.8x
Tue, 18 Jul 2023JP¥818.6tJP¥957.5tJP¥50.6t13.7x16.2x0.9x
Thu, 15 Jun 2023JP¥836.9tJP¥959.2tJP¥51.1t13.8x16.4x0.9x
Sat, 13 May 2023JP¥769.4tJP¥946.2tJP¥47.1t13.5x16.3x0.8x
Mon, 10 Apr 2023JP¥723.3tJP¥934.4tJP¥46.6t12.7x15.5x0.8x
Wed, 08 Mar 2023JP¥748.3tJP¥933.7tJP¥46.7t13x16x0.8x
Fri, 03 Feb 2023JP¥723.9tJP¥909.5tJP¥48.6t12.5x14.9x0.8x
Sun, 01 Jan 2023JP¥701.8tJP¥903.1tJP¥49.1t12.2x14.3x0.8x
Tue, 29 Nov 2022JP¥743.2tJP¥902.8tJP¥49.1t12.8x15.1x0.8x
Thu, 27 Oct 2022JP¥714.9tJP¥865.2tJP¥45.7t12.4x15.6x0.8x
Sat, 24 Sep 2022JP¥713.9tJP¥863.4tJP¥45.6t12.4x15.6x0.8x
Mon, 22 Aug 2022JP¥743.6tJP¥864.3tJP¥45.6t12.7x16.3x0.9x
Wed, 20 Jul 2022JP¥706.2tJP¥835.6tJP¥48.2t12.5x14.7x0.8x
Fri, 17 Jun 2022JP¥693.7tJP¥838.9tJP¥49.5t12.3x14x0.8x
Sun, 15 May 2022JP¥693.7tJP¥831.4tJP¥49.6t12.1x14x0.8x
Tue, 12 Apr 2022JP¥707.4tJP¥818.8tJP¥51.0t12.2x13.9x0.9x
Thu, 10 Mar 2022JP¥660.6tJP¥821.4tJP¥51.1t11.6x12.9x0.8x
Sat, 05 Feb 2022JP¥723.5tJP¥815.8tJP¥50.5t12.5x14.3x0.9x
Mon, 03 Jan 2022JP¥751.0tJP¥800.2tJP¥48.4t13.3x15.5x0.9x
Wed, 01 Dec 2021JP¥738.8tJP¥800.5tJP¥48.7t10.7x15.2x0.9x
Price to Earnings Ratio

15.2x


Total Market Cap: JP¥738.8tTotal Earnings: JP¥48.7tTotal Revenue: JP¥800.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Market Price to Earnings3Y Average 15.6x202220232024
Current Market PE
  • Investors are relatively neutral on the Japanese market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 15.6x.
Past Earnings Growth
  • The earnings for Japanese listed companies have grown 8.2% per year over the last three years.
  • Revenues for these companies have grown 8.0% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Japanese Market?

JP Market-0.51%
Materials0.54%
Real Estate0.35%
Consumer Staples0.26%
Energy0.16%
Telecom0.049%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Financials-0.015%
Consumer Discretionary-0.096%
Tech-0.57%
Industrials-0.84%
Utilities-1.41%
Healthcare-3.60%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading close to its 3-year average PE ratio of 29.0x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 11.9%, which is higher than its past year's earnings growth of 7.3% per year.
  • The Utilities sector is the least preferred by investors for future growth. Although, investor sentiment seems to have improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 13% over the next 5 years.
  • This is better than its past earnings growth rate of 7.0% per year.
  • In contrast, the Telecom 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 Price7D1YValuationSector
8630 Sompo HoldingsJP¥3.86k12.4%
+JP¥411.1b		70.9%PE8.5xFinancials
6758 Sony GroupJP¥2.95k2.0%
+JP¥352.1b		14.7%PE15.8xConsumer Discretionary
3382 Seven & i HoldingsJP¥2.56k4.5%
+JP¥288.0b		33.5%PE33.7xConsumer Staples
9531 Tokyo GasLtdJP¥4.53k19.0%
+JP¥280.9b		34.3%PE21.1xUtilities
9613 NTT DATA GroupJP¥2.88k6.0%
+JP¥230.6b		58.0%PE29.2xTech
See more
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Market Insights

Header cover image

AdTech Stocks Thrive As Digital Advertising Expands

Richard Bowman avatar
Richard Bowman
|
|

5 comments

This earnings season has been another reminder of the astonishing profitability of online advertising. Three out of the six most valuable companies in the world earn a big chunk — if not all — of their revenue from ads...

Continue reading

Navigating The Trump 2.0 Market
Last Week

Navigating The Trump 2.0 Market

Latest News

9531

JP¥4,531.00

Tokyo GasLtd

7D

19.0%

1Y

34.3%

Why Tokyo GasLtd's (TSE:9531) Shaky Earnings Are Just The Beginning Of Its Problems

Nov 23
Why Tokyo GasLtd's (TSE:9531) Shaky Earnings Are Just The Beginning Of Its Problems

6752

JP¥1,551.00

Panasonic Holdings

7D

5.7%

1Y

-1.3%

8630

JP¥3,863.00

Sompo Holdings

7D

12.4%

1Y

70.9%

8766

JP¥5,681.00

Tokio Marine Holdings

7D

-4.1%

1Y

52.1%

6758

JP¥2,948.00

Sony Group

7D

2.0%

1Y

14.7%

6857

JP¥9,447.00

Advantest

7D

3.4%

1Y

108.5%

4519

JP¥6,270.00

Chugai Pharmaceutical

7D

-12.2%

1Y

23.6%

9983

JP¥49,020.00

Fast Retailing

7D

-2.4%

1Y

32.4%

Is Now The Time To Put Fast Retailing (TSE:9983) On Your Watchlist?

Nov 18
Is Now The Time To Put Fast Retailing (TSE:9983) On Your Watchlist?

8411

JP¥3,835.00

Mizuho Financial Group

7D

1.9%

1Y

51.4%

6501

JP¥3,821.00

Hitachi

7D

-3.3%

1Y

83.3%

Hitachi, Ltd. Just Missed Earnings - But Analysts Have Updated Their Models

Nov 15
Hitachi, Ltd. Just Missed Earnings - But Analysts Have Updated Their Models

9984

JP¥8,586.00

SoftBank Group

7D

-3.7%

1Y

37.9%

Earnings Beat: SoftBank Group Corp. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Nov 14
Earnings Beat: SoftBank Group Corp. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

3382

JP¥2,556.50

Seven & i Holdings

7D

4.5%

1Y

33.5%

7203

JP¥2,664.50

Toyota Motor

7D

-1.5%

1Y

-4.9%

Earnings Miss: Toyota Motor Corporation Missed EPS By 19% And Analysts Are Revising Their Forecasts

Nov 09
Earnings Miss: Toyota Motor Corporation Missed EPS By 19% And Analysts Are Revising Their Forecasts

9613

JP¥2,884.50

NTT DATA Group

7D

6.0%

1Y

58.0%

Results: NTT DATA Group Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates

Nov 08
Results: NTT DATA Group Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates

8001

JP¥7,581.00

ITOCHU

7D

-4.0%

1Y

27.2%

4661

JP¥3,382.00

Oriental Land

7D

-6.9%

1Y

-33.9%

Oriental Land Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Nov 03
Oriental Land Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now