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U.K. (FTSE) Steel Industry Analysis

UpdatedMay 09, 2024
DataAggregated Company Financials
Companies9
  • 7D1.5%
  • 3M-9.0%
  • 1Y-0.3%
  • YTDn/a

Over the last 7 days, the Steel industry has risen 1.5%, driven by gains from EVRAZ of . Overall in the last year, the industry is flat. As for the next few years, earnings are expected to grow by 26% per annum.

Industry Valuation and Performance

Has the U.K. Steel Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 10 May 2024UK£2.3bUK£1.7bUK£2.1m16.5x1064x1.4x
Sun, 07 Apr 2024UK£2.2bUK£1.7bUK£200.7m9.3x11x1.3x
Tue, 05 Mar 2024UK£2.3bUK£1.7bUK£189.7m8.9x12.3x1.4x
Thu, 01 Feb 2024UK£7.8bUK£29.1bUK£8.1b5.5x1x0.3x
Sat, 30 Dec 2023UK£7.9bUK£29.1bUK£8.1b6.7x1x0.3x
Mon, 27 Nov 2023UK£7.7bUK£29.1bUK£8.1b4.9x1x0.3x
Wed, 25 Oct 2023UK£7.5bUK£29.1bUK£8.1b4.2x0.9x0.3x
Fri, 22 Sep 2023UK£7.7bUK£29.0bUK£8.1b4.7x0.9x0.3x
Sun, 20 Aug 2023UK£7.7bUK£29.0bUK£8.2b3.9x0.9x0.3x
Tue, 18 Jul 2023UK£7.6bUK£29.4bUK£8.2b4x0.9x0.3x
Thu, 15 Jun 2023UK£7.7bUK£29.5bUK£8.2b4.5x0.9x0.3x
Sat, 13 May 2023UK£7.6bUK£29.5bUK£8.2b5x0.9x0.3x
Mon, 10 Apr 2023UK£7.7bUK£29.5bUK£8.2b4.5x0.9x0.3x
Wed, 08 Mar 2023UK£7.9bUK£30.3bUK£8.3b4.2x1x0.3x
Fri, 03 Feb 2023UK£8.3bUK£30.3bUK£8.3b6.6x1x0.3x
Sun, 01 Jan 2023UK£8.1bUK£30.3bUK£8.3b6.4x1x0.3x
Tue, 29 Nov 2022UK£8.0bUK£30.3bUK£8.3b6x1x0.3x
Thu, 27 Oct 2022UK£7.7bUK£30.4bUK£8.3b5.2x0.9x0.3x
Sat, 24 Sep 2022UK£7.6bUK£30.5bUK£8.3b5.7x0.9x0.2x
Mon, 22 Aug 2022UK£8.3bUK£30.2bUK£8.2b12.6x1x0.3x
Wed, 20 Jul 2022UK£3.7bUK£30.4bUK£8.6b10.2x0.4x0.1x
Fri, 17 Jun 2022UK£4.0bUK£30.2bUK£8.6b10.4x0.5x0.1x
Sun, 15 May 2022UK£4.2bUK£30.3bUK£8.6b11.3x0.5x0.1x
Tue, 12 Apr 2022UK£4.6bUK£29.3bUK£8.5b13.4x0.5x0.2x
Thu, 10 Mar 2022UK£4.6bUK£40.7bUK£12.5b1x0.4x0.1x
Sat, 05 Feb 2022UK£44.8bUK£37.0bUK£10.4b6.3x4.3x1.2x
Mon, 03 Jan 2022UK£48.6bUK£34.8bUK£9.7b7.7x5x1.4x
Wed, 01 Dec 2021UK£48.0bUK£35.0bUK£9.7b7.2x4.9x1.4x
Fri, 29 Oct 2021UK£51.7bUK£34.6bUK£9.7b8.2x5.4x1.5x
Sun, 26 Sep 2021UK£48.3bUK£31.0bUK£7.3b7.5x6.6x1.6x
Tue, 24 Aug 2021UK£50.8bUK£30.9bUK£7.3b7.7x7x1.6x
Wed, 30 Jun 2021UK£49.4bUK£30.9bUK£7.3b7.7x6.8x1.6x
Price to Earnings Ratio

11.2x


Total Market Cap: UK£54.1bTotal Earnings: UK£4.8bTotal Revenue: UK£26.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Steel Industry Price to Earnings3Y Average 25.1x202220232024
Current Industry PE
  • Investors are optimistic on the British Steel industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 1kx which is higher than its 3-year average PE of 24.2x.
  • The 3-year average PS ratio of 0.67x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have declined 92% per year over the last three years,
  • Revenues have also declined 60% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does U.K. Steel compare with similar industries?

GB Market2.66%
Materials1.20%
Metals and Mining0.82%
Steel1.52%
Precious Metals and Minerals1.95%
Gold1.80%
Copper1.35%
Diversified Metals and Mining0.70%
Aluminum0%
Silver0%
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?

CompanyLast Price7D1YValuation
EVR EVRAZUK£0.81n/a
UK£1.2b		-86.2%PE0.4x
HILS Hill & SmithUK£19.583.6%
+UK£54.6m		47.4%PE22.8x
ECOR Ecora ResourcesUK£0.853.3%
+UK£6.7m		-30.5%PE314.7x
CGS CastingsUK£3.731.1%
+UK£1.7m		0.3%PE10.5x
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Latest News

ECOR

UK£0.85

Ecora Resources

7D

3.3%

1Y

-30.5%

CGO

UK£0.0095

Contango Holdings

7D

-2.6%

1Y

-82.4%

IRON

UK£0.00065

Ironveld

7D

-3.0%

1Y

-80.3%

CGS

UK£3.73

Castings

7D

1.1%

1Y

0.3%

FXPO

UK£0.48

Ferrexpo

7D

-2.8%

1Y

-56.3%

HILS

UK£19.58

Hill & Smith

7D

3.6%

1Y

47.4%

Hill & Smith's (LON:HILS) Upcoming Dividend Will Be Larger Than Last Year's

Apr 25
Hill & Smith's (LON:HILS) Upcoming Dividend Will Be Larger Than Last Year's

ZIOC

UK£0.073

Zanaga Iron Ore

7D

-3.4%

1Y

-11.7%

EVR

UK£0.81

EVRAZ

7D

n/a

1Y

-86.2%