Japanese (NIKKEI) Chemicals Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies168
- 7D0.5%
- 3M-5.7%
- 1Y21.1%
- YTD22.7%
Over the last 7 days, the Chemicals industry has dropped 2.3%, driven by a pullback from Nissan Chemical of 4.6%. Over the past 12 months, the industry was up 18%. Looking forward, earnings are forecast to grow by 13% annually.
Industry Valuation and Performance
Has the Japanese Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | JP¥33.4t | JP¥41.8t | JP¥1.8t | 13.7x | 19.1x | 0.8x |
| Wed, 27 Sep 2023 | JP¥34.8t | JP¥42.0t | JP¥1.8t | 13.6x | 19.1x | 0.8x |
| Fri, 25 Aug 2023 | JP¥34.2t | JP¥42.0t | JP¥1.8t | 13.2x | 18.7x | 0.8x |
| Sun, 23 Jul 2023 | JP¥34.2t | JP¥42.5t | JP¥2.1t | 12.8x | 16.3x | 0.8x |
| Tue, 20 Jun 2023 | JP¥34.9t | JP¥42.5t | JP¥2.1t | 12.7x | 16.7x | 0.8x |
| Thu, 18 May 2023 | JP¥32.2t | JP¥42.4t | JP¥2.2t | 11.6x | 14.8x | 0.8x |
| Sat, 15 Apr 2023 | JP¥31.6t | JP¥42.0t | JP¥2.5t | 10.8x | 12.7x | 0.8x |
| Mon, 13 Mar 2023 | JP¥32.0t | JP¥42.0t | JP¥2.5t | 11.3x | 12.8x | 0.8x |
| Wed, 08 Feb 2023 | JP¥30.3t | JP¥41.3t | JP¥2.7t | 9.9x | 11.2x | 0.7x |
| Fri, 06 Jan 2023 | JP¥27.6t | JP¥40.8t | JP¥2.7t | 9.4x | 10.1x | 0.7x |
| Sun, 04 Dec 2022 | JP¥29.6t | JP¥40.8t | JP¥2.7t | 9.9x | 10.8x | 0.7x |
| Tue, 01 Nov 2022 | JP¥28.2t | JP¥39.5t | JP¥2.8t | 9.5x | 10x | 0.7x |
| Thu, 29 Sep 2022 | JP¥27.8t | JP¥39.1t | JP¥2.7t | 9.3x | 10.2x | 0.7x |
| Sat, 27 Aug 2022 | JP¥30.6t | JP¥39.1t | JP¥2.7t | 9.8x | 11.2x | 0.8x |
| Mon, 25 Jul 2022 | JP¥30.0t | JP¥37.5t | JP¥2.6t | 9.9x | 11.7x | 0.8x |
| Wed, 22 Jun 2022 | JP¥28.9t | JP¥37.5t | JP¥2.6t | 9.5x | 11.3x | 0.8x |
| Fri, 20 May 2022 | JP¥29.9t | JP¥37.4t | JP¥2.6t | 9.4x | 11.7x | 0.8x |
| Sun, 17 Apr 2022 | JP¥29.7t | JP¥36.2t | JP¥2.4t | 9.4x | 12.6x | 0.8x |
| Tue, 15 Mar 2022 | JP¥28.8t | JP¥36.2t | JP¥2.4t | 9.5x | 12.2x | 0.8x |
| Thu, 10 Feb 2022 | JP¥31.1t | JP¥35.8t | JP¥2.3t | 10.3x | 13.7x | 0.9x |
| Sat, 08 Jan 2022 | JP¥33.0t | JP¥34.9t | JP¥2.2t | 10.4x | 15.3x | 0.9x |
| Mon, 06 Dec 2021 | JP¥32.0t | JP¥34.9t | JP¥2.2t | 10.1x | 14.9x | 0.9x |
| Wed, 03 Nov 2021 | JP¥34.3t | JP¥33.9t | JP¥1.9t | 10.8x | 18.4x | 1x |
| Fri, 01 Oct 2021 | JP¥33.6t | JP¥33.5t | JP¥1.7t | 12.4x | 19.5x | 1x |
| Sun, 29 Aug 2021 | JP¥32.3t | JP¥33.6t | JP¥1.7t | 11.9x | 18.7x | 1x |
| Mon, 05 Jul 2021 | JP¥33.0t | JP¥33.6t | JP¥1.7t | 11.7x | 19.2x | 1x |
| Thu, 08 Apr 2021 | JP¥33.8t | JP¥31.8t | JP¥1.3t | 14x | 26.6x | 1.1x |
| Sun, 10 Jan 2021 | JP¥31.1t | JP¥31.1t | JP¥1.1t | 15.5x | 28.4x | 1x |
Price to Earnings Ratio
26x
Current Industry PE
- Investors are relatively neutral on the Japanese Chemicals 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 17.3x.
- The industry is trading close to its 3-year average PS ratio of 0.87x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have grown 22% 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 Materials industry?
| JP Market | 0.03% | |
| Materials | 0.69% | |
| Chemicals | 0.51% | |
| Industrial Gases | 0.78% | |
| Commodity Chemicals | 0.77% | |
| Specialty Chemicals | 0.67% | |
| Diversified Chemicals | -0.45% | |
| Fertilizers and Agricultural Chemicals | -0.92% | |
Industry PE
- Investors are most optimistic about the Commodity Chemicals industry which is trading above its 3-year average PE ratio of 14.9x.
- Analysts are expecting annual earnings growth of 21.8%, which is higher than its past year's earnings decline of 11.6% per year.
- Investors are most pessimistic about the Fertilizers and Agricultural Chemicals industry, which is trading below its 3-year average of 12.0x.
Forecasted Growth
- Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 22% over the next 5 years.
- This is better than its past earnings decline of 12% per year.
- In contrast, the Industrial Gases industry is expected to see its earnings grow by 7.0% 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 | |
|---|---|---|---|---|---|
| 4063 Shin-Etsu Chemical | JP¥4.49k | 5.5% +JP¥432.3b | 44.5% | PE14.5x | |
| 4612 Nippon Paint Holdings | JP¥996.00 | 3.9% +JP¥87.4b | 4.8% | PE20.9x | |
| 6988 Nitto Denko | JP¥9.77k | 4.5% +JP¥59.6b | 24.7% | PE15.5x | |
| 4091 Nippon Sanso Holdings | JP¥3.75k | 2.4% +JP¥37.7b | 58.0% | PE20.2x | |
| 4183 Mitsui Chemicals | JP¥3.72k | 3.2% +JP¥21.7b | 35.0% | PE11x |