Which companies are Okinawa Electric Power's closest peers?

The cockpit's peer set: SGC Energy (005090.KS), Pace Digitek (PACEDIGITK.NS), eREX (9517.T), IPD (IPG.AX), RattanIndia Power (RTNPOWER.NS), Beijing Jingneng Thermal (002893.SZ), Dalian Thermal Power (600719.SS), Guangzhou Devotion Thermal Technology (300335.SZ).

Is Okinawa Electric Power expensive compared with its peers?

On forward p/e it trades at 18.0× against a peer median of 15.9×, 4th most expensive of 10 in its peer set.

How has Okinawa Electric Power stock performed?

Over six months to 6 Nov 2026 the shares returned +13.6% against -23.0% for the median peer; over one year +1.3%.

← CockpitCompetitor Analysis › 9511.T Okinawa Electric Power Co., Inc.Open in the cockpit ↗

Okinawa Electric Power Co., Inc.9511.TCompetitor analysis, valuation and peers

Japan · JPY·Utilities›Electric Utilities

Momentum strong 60

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$366M

US dollars, full cap

Free float

66%

of shares outstanding

$/day

$2.00M

20-day average traded

Fwd P/E

18.0×

forward earnings

ROIC−WACC

-5.4 pp

WACC 5.0%

Hurdle

n/a

no reverse DCF

Next earnings

84 days

29 Jan 2027

Close · JPY¥1,062

1D-5.2%

1W-7.8%

1M-7.2%

3M-3.3%

6M+13.6%

YTD-4.8%

1Y+1.3%

ATR %3.2%

52w lowhigh14.6% off high

What Okinawa Electric Power does

Employees: 3,154

Okinawa Electric Power at a glance

Size Okinawa Electric Power (9511.T) is a Japan Utilities company (Electric Utilities) with a market value of $366M, the 1236th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥1,062 on 6 Nov 2026.

Performance Over six months the shares gained 13.6%, against -23.0% for the median peer and +1.8% for the Japan market (cap-weighted) — 2nd highest of 21 in its peer set.

Growth Revenue fell 2.9% over the last twelve months (peer median +3.5%); the operating margin is -1.3% (peer median 4.8%).

Valuation It trades at 18.0× forward earnings against a peer median of 15.9× (4th most expensive of 10).

Capital Return on invested capital runs 5.4 points below its cost of capital (5.0% WACC).

Next results Next results expected around 29 Jan 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Okinawa Electric Power against the median of its 20 peers (local-currency closes).

Okinawa Electric Power financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	¥222B	¥220B	¥237B	¥236B	¥224B
Revenue growth	—	-7%	0%	+6%	—
Gross profit	-¥2.94B	¥28.4B	¥25.6B	¥4.06B	-¥47.9B
EBITDA	¥20.9B	¥32.9B	¥30.5B	¥25.1B	-¥28.5B
Net income	-¥4.59B	¥6.23B	¥4.32B	¥2.39B	-¥45.5B
Free cash flow	n/a	-¥10.8B	-¥7.04B	-¥7.72B	-¥81.1B
Capital expenditure	n/a	¥38.1B	¥41.1B	¥33.4B	¥43.1B
Total debt	¥352B	¥322B	¥312B	¥314B	¥305B

Quarterly statements and history in the cockpit →

Okinawa Electric Power competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Okinawa Electric Power is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Okinawa Electric Power is the large dot.

Okinawa Electric Power competitors and peer comparison

How Okinawa Electric Power compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Okinawa Electric Power against its 20 peers (data as of 6 Nov 2026)
Measure	9511.T	Peer median	Rank in peer set
1-month return	-7.2%	-7.9%	9th highest of 21
6-month return	+13.6%	-23.0%	2nd highest of 21
Distance from 52-week high	-14.6%	-37.0%	3rd highest of 21
Revenue growth (TTM)	-2.9%	+3.5%	7th lowest of 21
Operating margin	-1.3%	4.8%	4th lowest of 21
Forward P/E	18.0×	15.9×	4th most expensive of 10
ROIC minus cost of capital	-5.4 pp	-2.2 pp	6th lowest of 21
EV / EBITDA	18.6×	10.2×	2nd most expensive of 11
Net debt / EBITDA	15.7×	1.7×	2nd most indebted of 14

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Okinawa Electric Power 9511.T	Japan	$366M	+14%	-3%	-1%	18.0×	n/a	n/a
SGC Energy 005090.KS	South Korea	$363M	-43%	-4%	6%	17.7×	n/a	n/a
Pace Digitek PACEDIGITK.NS	India	$361M	-15%	+8%	16%	n/a	n/a	n/a
eREX 9517.T	Japan	$370M	-26%	+3%	3%	11.0×	n/a	n/a
IPD IPG.AX	Australia	$372M	-18%	+17%	11%	15.9×	5.6%	+28.5%
RattanIndia Power RTNPOWER.NS	India	$377M	-35%	-6%	6%	n/a	n/a	n/a
Beijing Jingneng Thermal 002893.SZ	China	$387M	-11%	+15%	8%	n/a	9.9%	+7.0%
Dalian Thermal Power 600719.SS	China	$387M	-18%	+2%	8%	n/a	n/a	n/a
Guangzhou Devotion Thermal Technology 300335.SZ	China	$341M	-26%	-11%	10%	n/a	4.9%	-7.8%
Giga Solar Materials 3691.TWO	Taiwan	$403M	0%	+88%	2%	n/a	n/a	n/a
Zespol Elektrocieplowni Wroclawskich KOGENERACJA KGN.WA	Poland	$326M	+4%	+14%	15%	n/a	n/a	n/a
Xi'an Actionpower Electric 688719.SS	China	$324M	-32%	+3%	-5%	49.6×	n/a	n/a
Shenyang Huitian Thermal Power 000692.SZ	China	$308M	-23%	+2%	-7%	n/a	n/a	n/a
PTC India PTC.NS	India	$437M	-39%	+13%	4%	9.6×	-18.2%	-1.4%
Suwen Electric Energy Technology 300982.SZ	China	$448M	-41%	-55%	-13%	10.4×	n/a	n/a
Concord New Energy 0182.HK	Hong Kong	$296M	-23%	+4%	30%	5.8×	8.5%	+4.2%
Hunan Chendian International Development 600969.SS	China	$453M	-18%	+4%	3%	n/a	0.2%	+6.4%
Acinque AC5.MI	Italy	$460M	-6%	-11%	3%	n/a	12.8%	+9.3%
Genie Energy GNE	United States	$466M	+23%	+10%	3%	18.3×	-3.6%	+7.1%
Hallador Energy HNRG	United States	$476M	-46%	+8%	2%	2,020.0×	n/a	n/a
Sichuan Xichang Electric Power 600505.SS	China	$520M	-31%	-10%	7%	n/a	1.2%	+9.5%

Questions

Which companies are Okinawa Electric Power's closest peers?: The cockpit's peer set: SGC Energy (005090.KS), Pace Digitek (PACEDIGITK.NS), eREX (9517.T), IPD (IPG.AX), RattanIndia Power (RTNPOWER.NS), Beijing Jingneng Thermal (002893.SZ), Dalian Thermal Power (600719.SS), Guangzhou Devotion Thermal Technology (300335.SZ).
Is Okinawa Electric Power expensive compared with its peers?: On forward p/e it trades at 18.0× against a peer median of 15.9×, 4th most expensive of 10 in its peer set.
How has Okinawa Electric Power stock performed?: Over six months to 6 Nov 2026 the shares returned +13.6% against -23.0% for the median peer; over one year +1.3%.