Over the last 7 days, the Steel industry has remained flat, although notably Merafe Resources declined by 4.6%. The past year has been better, since the industry has gained 3.1% in that time. As for the next few years, earnings are forecast to decline by 10% per annum.
Has the South African Steel Industry valuation changed over the past few years?
Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
---|---|---|---|---|---|---|
Thu, 09 May 2024 | R164.8b | R137.1b | R20.6b | 4.4x | 8x | 1.2x |
Sat, 06 Apr 2024 | R153.2b | R137.1b | R20.6b | 4.4x | 7.5x | 1.1x |
Mon, 04 Mar 2024 | R176.3b | R136.3b | R20.3b | 4.8x | 8.7x | 1.3x |
Wed, 31 Jan 2024 | R187.3b | R117.4b | R13.8b | 8.1x | 13.6x | 1.6x |
Fri, 29 Dec 2023 | R199.0b | R117.4b | R13.8b | 8.5x | 14.4x | 1.7x |
Sun, 26 Nov 2023 | R201.6b | R117.4b | R13.8b | 8.5x | 14.6x | 1.7x |
Tue, 24 Oct 2023 | R160.2b | R117.4b | R13.8b | 7x | 11.6x | 1.4x |
Thu, 21 Sep 2023 | R158.4b | R117.4b | R13.8b | 6.9x | 11.5x | 1.3x |
Sat, 19 Aug 2023 | R131.5b | R117.4b | R13.8b | 5.9x | 9.5x | 1.1x |
Mon, 17 Jul 2023 | R151.5b | R122.7b | R19.0b | 2.2x | 8x | 1.2x |
Wed, 14 Jun 2023 | R165.4b | R130.2b | R25.5b | 2x | 6.5x | 1.3x |
Fri, 12 May 2023 | R151.5b | R130.2b | R25.5b | 2x | 5.9x | 1.2x |
Sun, 09 Apr 2023 | R150.7b | R122.7b | R19.0b | 2.4x | 7.9x | 1.2x |
Tue, 07 Mar 2023 | R160.6b | R123.4b | R19.6b | 1.7x | 8.2x | 1.3x |
Thu, 02 Feb 2023 | R176.4b | R133.3b | R30.9b | 1.6x | 5.7x | 1.3x |
Sat, 31 Dec 2022 | R166.6b | R132.8b | R30.6b | 2x | 5.4x | 1.3x |
Mon, 28 Nov 2022 | R157.7b | R132.8b | R30.6b | 1.9x | 5.2x | 1.2x |
Wed, 26 Oct 2022 | R129.7b | R132.8b | R30.6b | 1.8x | 4.2x | 1x |
Fri, 23 Sep 2022 | R129.6b | R132.8b | R30.6b | 1.7x | 4.2x | 1x |
Sun, 21 Aug 2022 | R143.6b | R132.8b | R30.6b | 2.1x | 4.7x | 1.1x |
Tue, 19 Jul 2022 | R151.3b | R149.9b | R41.6b | 2.1x | 3.6x | 1x |
Thu, 16 Jun 2022 | R185.5b | R149.9b | R41.6b | 2.4x | 4.5x | 1.2x |
Sat, 14 May 2022 | R164.1b | R149.9b | R41.6b | 2.4x | 3.9x | 1.1x |
Mon, 11 Apr 2022 | R227.9b | R141.4b | R37.5b | 4.2x | 6.1x | 1.6x |
Wed, 09 Mar 2022 | R211.9b | R139.5b | R36.4b | 6x | 5.8x | 1.5x |
Fri, 04 Feb 2022 | R196.3b | R149.6b | R40.8b | 4.8x | 4.8x | 1.3x |
Sun, 02 Jan 2022 | R160.5b | R149.6b | R40.8b | 3.9x | 3.9x | 1.1x |
Tue, 30 Nov 2021 | R150.3b | R149.6b | R40.8b | 3.7x | 3.7x | 1x |
Thu, 28 Oct 2021 | R165.0b | R149.6b | R40.8b | 4.1x | 4x | 1.1x |
Sat, 25 Sep 2021 | R174.8b | R149.6b | R40.8b | 4.4x | 4.3x | 1.2x |
Mon, 23 Aug 2021 | R211.5b | R149.6b | R40.8b | 4.7x | 5.2x | 1.4x |
Sat, 10 Jul 2021 | R212.9b | R149.6b | R40.8b | 3.1x | 5.2x | 1.4x |
7x
How does South African Steel compare with similar industries?
ZA Market | 1.66% | |
Materials | 2.04% | |
Metals and Mining | 1.86% | |
Steel | 7.56% | |
Aluminum | 15.38% | |
Diversified Metals and Mining | 4.91% | |
Precious Metals and Minerals | 4.55% | |
Silver | 0% | |
Gold | -3.28% | |
Copper | -11.05% |
Which companies have driven the market over the last 7 days?
Company | Last Price | 7D | 1Y | Valuation | |
---|---|---|---|---|---|
KIO Kumba Iron Ore | R492.75 | 7.4% +R10.9b | 9.3% | PE7x |