Japanese (NIKKEI) Industrial Gases Industry Analysis
UpdatedOct 27, 2023
DataAggregated Company Financials
Companies5
- 7D-1.6%
- 3M7.4%
- 1Y41.8%
- YTD66.9%
Over the last 7 days, the Industrial Gases industry has dropped 2.1%, driven by a pullback from Nippon Sanso Holdings of 2.3%. Over the past 12 months, the industry was up 48%. As for the next few years, earnings are expected to grow by 7.0% per annum.
Industry Valuation and Performance
Has the Japanese Industrial Gases Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 28 Oct 2023 | JP¥2.0t | JP¥2.4t | JP¥125.1b | 11x | 16.3x | 0.9x |
| Mon, 25 Sep 2023 | JP¥2.1t | JP¥2.4t | JP¥125.1b | 11x | 16.5x | 0.9x |
| Wed, 23 Aug 2023 | JP¥1.8t | JP¥2.4t | JP¥125.1b | 10.3x | 14.8x | 0.8x |
| Fri, 21 Jul 2023 | JP¥1.8t | JP¥2.3t | JP¥118.6b | 10.9x | 15.2x | 0.8x |
| Sun, 18 Jun 2023 | JP¥1.8t | JP¥2.3t | JP¥118.6b | 10.6x | 15.4x | 0.8x |
| Tue, 16 May 2023 | JP¥1.7t | JP¥2.3t | JP¥118.6b | 10.8x | 14.2x | 0.7x |
| Thu, 13 Apr 2023 | JP¥1.5t | JP¥2.2t | JP¥109.2b | 10x | 13.4x | 0.7x |
| Sat, 11 Mar 2023 | JP¥1.5t | JP¥2.2t | JP¥109.2b | 10.5x | 13.9x | 0.7x |
| Mon, 06 Feb 2023 | JP¥1.4t | JP¥2.2t | JP¥110.5b | 9x | 12.4x | 0.6x |
| Wed, 04 Jan 2023 | JP¥1.2t | JP¥2.1t | JP¥109.1b | 8.9x | 11.2x | 0.6x |
| Fri, 02 Dec 2022 | JP¥1.4t | JP¥2.1t | JP¥109.1b | 9.4x | 12.8x | 0.6x |
| Sun, 30 Oct 2022 | JP¥1.4t | JP¥2.0t | JP¥111.3b | 9.1x | 12.8x | 0.7x |
| Tue, 27 Sep 2022 | JP¥1.4t | JP¥2.0t | JP¥111.3b | 9.5x | 12.8x | 0.7x |
| Thu, 25 Aug 2022 | JP¥1.5t | JP¥2.0t | JP¥111.3b | 9.8x | 13.8x | 0.7x |
| Sat, 23 Jul 2022 | JP¥1.4t | JP¥2.0t | JP¥112.6b | 9.5x | 12.5x | 0.7x |
| Mon, 20 Jun 2022 | JP¥1.4t | JP¥2.0t | JP¥112.5b | 9.6x | 12.6x | 0.7x |
| Wed, 18 May 2022 | JP¥1.5t | JP¥2.0t | JP¥112.4b | 10.8x | 13x | 0.7x |
| Fri, 15 Apr 2022 | JP¥1.4t | JP¥1.9t | JP¥111.3b | 10.2x | 12.3x | 0.7x |
| Sun, 13 Mar 2022 | JP¥1.3t | JP¥1.9t | JP¥111.3b | 10.1x | 11.9x | 0.7x |
| Tue, 08 Feb 2022 | JP¥1.4t | JP¥1.9t | JP¥110.4b | 11.4x | 12.9x | 0.8x |
| Thu, 06 Jan 2022 | JP¥1.6t | JP¥1.8t | JP¥110.9b | 11.4x | 14.2x | 0.9x |
| Sat, 04 Dec 2021 | JP¥1.6t | JP¥1.8t | JP¥110.9b | 11.3x | 14.1x | 0.9x |
| Mon, 01 Nov 2021 | JP¥1.6t | JP¥1.8t | JP¥102.0b | 11.7x | 15.8x | 0.9x |
| Wed, 29 Sep 2021 | JP¥1.7t | JP¥1.8t | JP¥102.0b | 12.6x | 16.8x | 1x |
| Fri, 27 Aug 2021 | JP¥1.6t | JP¥1.8t | JP¥102.0b | 13.9x | 15.3x | 0.9x |
| Sat, 03 Jul 2021 | JP¥1.4t | JP¥1.8t | JP¥102.0b | 11.3x | 13.9x | 0.8x |
| Tue, 06 Apr 2021 | JP¥1.4t | JP¥1.7t | JP¥86.8b | 14.3x | 16x | 0.8x |
| Fri, 08 Jan 2021 | JP¥1.3t | JP¥1.7t | JP¥81.6b | 14.5x | 15.9x | 0.8x |
Price to Earnings Ratio
13.2x
Current Industry PE
- Investors are optimistic on the Japanese Industrial Gases industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 16.6x which is higher than its 3-year average PE of 14.2x.
- The industry is trading close to its 3-year average PS ratio of 0.75x.
Past Earnings Growth
- The earnings for companies in the Industrial Gases industry have grown 16% 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 Comparison
How does Japanese Industrial Gases compare with similar industries?
| JP Market | -1.76% | |
| Materials | -1.94% | |
| Chemicals | -2.34% | |
| Industrial Gases | -1.57% | |
| Commodity Chemicals | -2.01% | |
| Specialty Chemicals | -2.15% | |
| Fertilizers and Agricultural Chemicals | -3.04% | |
| Diversified Chemicals | -3.69% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 4091 Nippon Sanso Holdings | JP¥3.72k | 0.7% +JP¥11.7b | 59.8% | PE20.1x | |
| 4088 Air Water | JP¥1.87k | 1.1% +JP¥4.8b | 13.6% | PE10.8x |