Japanese (NIKKEI) Industrials Sector Analysis
UpdatedOct 31, 2023
DataAggregated Company Financials
Companies1067
- 7D0.04%
- 3M-7.6%
- 1Y15.9%
- YTD19.5%
Over the last 7 days, the Industrials industry has remained flat, although notably Hitachi gained 7.9%. The past year has been better, since the industry has gained 19% in that time. Earnings are forecast to grow by 5.0% annually.
Sector Valuation and Performance
Has the Japanese Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | JP¥178.4t | JP¥264.9t | JP¥14.9t | 12x | 12x | 0.7x |
| Thu, 28 Sep 2023 | JP¥193.1t | JP¥264.9t | JP¥14.8t | 12.6x | 13x | 0.7x |
| Sat, 26 Aug 2023 | JP¥186.3t | JP¥264.8t | JP¥14.8t | 12.2x | 12.6x | 0.7x |
| Mon, 24 Jul 2023 | JP¥188.3t | JP¥264.3t | JP¥15.6t | 12.2x | 12x | 0.7x |
| Wed, 21 Jun 2023 | JP¥190.3t | JP¥264.2t | JP¥15.6t | 12.1x | 12.2x | 0.7x |
| Fri, 19 May 2023 | JP¥175.7t | JP¥263.6t | JP¥15.5t | 11.7x | 11.3x | 0.7x |
| Sun, 16 Apr 2023 | JP¥163.4t | JP¥258.1t | JP¥15.7t | 11.2x | 10.4x | 0.6x |
| Tue, 14 Mar 2023 | JP¥161.0t | JP¥257.2t | JP¥15.6t | 11.1x | 10.3x | 0.6x |
| Thu, 09 Feb 2023 | JP¥158.6t | JP¥254.7t | JP¥15.9t | 10.7x | 10x | 0.6x |
| Sat, 07 Jan 2023 | JP¥149.2t | JP¥249.4t | JP¥15.8t | 10.2x | 9.4x | 0.6x |
| Mon, 05 Dec 2022 | JP¥157.2t | JP¥249.3t | JP¥15.8t | 10.6x | 9.9x | 0.6x |
| Wed, 02 Nov 2022 | JP¥156.0t | JP¥239.5t | JP¥14.4t | 10.7x | 10.8x | 0.7x |
| Fri, 30 Sep 2022 | JP¥151.0t | JP¥237.5t | JP¥14.5t | 10.5x | 10.4x | 0.6x |
| Sun, 28 Aug 2022 | JP¥161.2t | JP¥237.5t | JP¥14.5t | 10.9x | 11.1x | 0.7x |
| Tue, 26 Jul 2022 | JP¥155.2t | JP¥227.9t | JP¥12.8t | 11x | 12.1x | 0.7x |
| Thu, 23 Jun 2022 | JP¥146.9t | JP¥227.8t | JP¥12.8t | 10.5x | 11.5x | 0.6x |
| Sat, 21 May 2022 | JP¥151.6t | JP¥227.3t | JP¥12.8t | 10.7x | 11.8x | 0.7x |
| Mon, 18 Apr 2022 | JP¥153.2t | JP¥220.1t | JP¥10.8t | 11.1x | 14.1x | 0.7x |
| Wed, 16 Mar 2022 | JP¥150.2t | JP¥222.4t | JP¥10.9t | 10.8x | 13.8x | 0.7x |
| Fri, 11 Feb 2022 | JP¥159.7t | JP¥222.4t | JP¥10.7t | 11.2x | 14.9x | 0.7x |
| Sun, 09 Jan 2022 | JP¥164.2t | JP¥214.7t | JP¥8.9t | 11.6x | 18.4x | 0.8x |
| Tue, 07 Dec 2021 | JP¥161.7t | JP¥212.4t | JP¥8.9t | 11.4x | 18.2x | 0.8x |
| Thu, 04 Nov 2021 | JP¥169.7t | JP¥209.2t | JP¥7.6t | 12.5x | 22.4x | 0.8x |
| Sat, 02 Oct 2021 | JP¥161.0t | JP¥205.1t | JP¥6.7t | 12.6x | 24.2x | 0.8x |
| Mon, 30 Aug 2021 | JP¥160.1t | JP¥205.7t | JP¥6.7t | 12.9x | 24x | 0.8x |
| Tue, 06 Jul 2021 | JP¥156.3t | JP¥205.7t | JP¥6.7t | 12.6x | 23.4x | 0.8x |
| Fri, 09 Apr 2021 | JP¥157.5t | JP¥196.7t | JP¥4.4t | 13.9x | 36x | 0.8x |
| Thu, 31 Dec 2020 | JP¥143.4t | JP¥193.2t | JP¥3.6t | 13.8x | 39.5x | 0.7x |
Price to Earnings Ratio
31.1x
Current Industry PE
- Investors are pessimistic on the Japanese Industrials 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 12.1x which is lower than its 3-year average PE of 19.2x.
- The industry is trading close to its 3-year average PS ratio of 0.71x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have grown 55% per year over the last three years.
- Revenues for these companies have grown 10% 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 Industrials sector?
| JP Market | -0.27% | |
| Industrials | 0.042% | |
| Industrials | 5.51% | |
| Logistics | 3.98% | |
| Airlines | 2.43% | |
| Infrastructure | 1.79% | |
| Aerospace & Defense | 1.55% | |
| Marine and Shipping | 1.50% | |
| Construction | 1.32% | |
| Transportation | 1.16% | |
| Commercial Services | 0.87% | |
| Trade Distributors | 0.80% | |
| Building | -0.70% | |
| Professional Services | -1.13% | |
| Machinery | -1.63% | |
| Electrical | -7.46% | |
Industry PE
- Investors are most optimistic about the Building industry, which is trading close to its 3-year average PE ratio of 25.5x.
- Analysts expect its future annual earnings growth (14.1%) to be largely in line with prior year's earnings growth.
- Investors are most pessimistic about the Marine and Shipping industry, which is trading below its 3-year average of 3.2x.
Forecasted Growth
- Analysts are most optimistic on the Aerospace & Defense industry, expecting annual earnings growth of 29% over the next 5 years.
- In contrast, the Marine and Shipping industry is expected to see its earnings decline by 59% 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 | |
|---|---|---|---|---|---|
| 6501 Hitachi | JP¥9.40k | 7.9% +JP¥634.2b | 39.0% | PE12.7x | |
| 8001 ITOCHU | JP¥5.36k | 2.4% +JP¥180.2b | 39.3% | PE10x | |
| 9143 SG HoldingsLtd | JP¥2.15k | 13.3% +JP¥157.9b | 9.2% | PE13.5x | |
| 8058 Mitsubishi | JP¥6.92k | 1.1% +JP¥100.3b | 71.8% | PE10x | |
| 8053 Sumitomo | JP¥2.95k | 1.6% +JP¥57.4b | 55.6% | PE6.7x |