Subdued Growth No Barrier To Northam Platinum Holdings Limited (JSE:NPH) With Shares Advancing 29%
Apr 05
South African (JSE) Precious Metals and Minerals Industry Analysis
UpdatedMay 03, 2024
DataAggregated Company Financials
Companies7
- 7D0.2%
- 3M-8.2%
- 1Y-44.9%
- YTDn/a
Last week, the Precious Metals and Minerals industry hasn't moved much but Anglo American Platinum is up 5.4% in that time. Unfortunately though, the industry is down 45% over the past 12 months. Looking forward, earnings are forecast to grow by 55% annually.
Industry Valuation and Performance
Has the South African Precious Metals and Minerals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 03 May 2024 | R361.3b | R381.8b | -R34,013,947,498.00 | 8x | -10.6x | 0.9x |
| Sun, 31 Mar 2024 | R386.0b | R382.1b | -R33,991,192,965.00 | 9x | -11.4x | 1x |
| Tue, 27 Feb 2024 | R362.5b | R417.6b | R35.3b | 10x | 10.3x | 0.9x |
| Thu, 25 Jan 2024 | R454.3b | R449.6b | R53.2b | 7.8x | 8.5x | 1x |
| Sat, 23 Dec 2023 | R494.0b | R449.1b | R53.1b | 8.1x | 9.3x | 1.1x |
| Mon, 20 Nov 2023 | R417.2b | R449.8b | R53.8b | 8.2x | 7.8x | 0.9x |
| Wed, 18 Oct 2023 | R463.2b | R450.2b | R53.8b | 8.7x | 8.6x | 1x |
| Fri, 15 Sep 2023 | R433.9b | R451.1b | R55.4b | 6.1x | 7.8x | 1x |
| Sun, 13 Aug 2023 | R504.6b | R478.0b | R99.9b | 4.2x | 5.1x | 1.1x |
| Tue, 11 Jul 2023 | R490.7b | R498.8b | R118.7b | 4.3x | 4.1x | 1x |
| Thu, 08 Jun 2023 | R651.7b | R499.0b | R118.8b | 4.9x | 5.5x | 1.3x |
| Sat, 06 May 2023 | R706.5b | R498.3b | R119.3b | 5.5x | 5.9x | 1.4x |
| Mon, 03 Apr 2023 | R605.3b | R497.7b | R119.0b | 4.5x | 5.1x | 1.2x |
| Wed, 01 Mar 2023 | R636.0b | R503.5b | R119.0b | 5.2x | 5.3x | 1.3x |
| Fri, 27 Jan 2023 | R775.2b | R530.8b | R128.8b | 5.7x | 6x | 1.5x |
| Sun, 25 Dec 2022 | R825.0b | R530.6b | R128.8b | 6.4x | 6.4x | 1.6x |
| Tue, 22 Nov 2022 | R836.0b | R529.7b | R128.4b | 6.1x | 6.5x | 1.6x |
| Thu, 20 Oct 2022 | R753.7b | R530.7b | R128.6b | 5.9x | 5.9x | 1.4x |
| Sat, 17 Sep 2022 | R719.2b | R528.4b | R128.4b | 5.4x | 5.6x | 1.4x |
| Mon, 15 Aug 2022 | R743.6b | R556.0b | R145.7b | 4.6x | 5.1x | 1.3x |
| Wed, 13 Jul 2022 | R738.8b | R580.0b | R168.2b | 4.1x | 4.4x | 1.3x |
| Fri, 10 Jun 2022 | R802.9b | R578.3b | R167.4b | 5.1x | 4.8x | 1.4x |
| Sun, 08 May 2022 | R842.0b | R578.8b | R167.5b | 5.4x | 5x | 1.5x |
| Tue, 05 Apr 2022 | R1.0t | R577.6b | R167.3b | 5.7x | 6.1x | 1.8x |
| Thu, 03 Mar 2022 | R1.3t | R566.2b | R179.1b | 6.8x | 7.2x | 2.3x |
| Sat, 29 Jan 2022 | R939.1b | R557.5b | R181.4b | 4.6x | 5.2x | 1.7x |
| Mon, 27 Dec 2021 | R918.0b | R557.4b | R181.4b | 4.7x | 5.1x | 1.6x |
| Wed, 24 Nov 2021 | R867.3b | R556.5b | R181.2b | 4.6x | 4.8x | 1.6x |
| Fri, 22 Oct 2021 | R910.1b | R577.6b | R184.3b | 4.6x | 4.9x | 1.6x |
| Sun, 19 Sep 2021 | R787.6b | R543.7b | R172.6b | 4.6x | 4.6x | 1.4x |
| Tue, 17 Aug 2021 | R942.9b | R543.7b | R172.5b | 4.5x | 5.5x | 1.7x |
| Tue, 01 Jun 2021 | R985.1b | R476.3b | R138.3b | 5.5x | 7.1x | 2.1x |
Price to Earnings Ratio
7.6x
Current Industry PE
- Investors are pessimistic on the South African Precious Metals and Minerals industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 0.95x.
Past Earnings Growth
- Total earnings for the Precious Metals and Minerals industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 7.1% per year, which is driving profits down.
Industry Comparison
How does South African Precious Metals and Minerals compare with similar industries?
| ZA Market | 3.08% | |
| Materials | -1.87% | |
| Metals and Mining | -2.33% | |
| Precious Metals and Minerals | 0.24% | |
| Copper | 33.98% | |
| Aluminum | 3.09% | |
| Steel | 0.79% | |
| Diversified Metals and Mining | 0.23% | |
| Silver | 0% | |
| Gold | -6.29% | |
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 | |
|---|---|---|---|---|---|
| AMS Anglo American Platinum | R668.37 | 5.4% +R9.0b | -41.7% | PE13.5x | |
| NPH Northam Platinum Holdings | R126.95 | 2.0% +R955.2m | -28.4% | PS1.4x | |
| GML Gemfields Group | R2.82 | 4.4% +R140.0m | -24.0% | PS0.7x |