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Australian (ASX) Copper Industry Analysis
UpdatedJun 03, 2024
DataAggregated Company Financials
Companies10
- 7D-1.7%
- 3M24.1%
- 1Y36.5%
- YTDn/a
Over the last 7 days, the Copper industry has dropped 1.7%, driven by declines from every company within the industry. This takes the industry's 12 month performance to a gain of 37%. As for the next few years, earnings are expected to grow by 63% per annum.
Industry Valuation and Performance
Has the Australian Copper Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 03 Jun 2024 | AU$4.8b | AU$1.8b | -AU$272,230,266.50 | n/a | -17.8x | 2.7x |
| Wed, 01 May 2024 | AU$4.9b | AU$1.8b | -AU$274,396,283.00 | n/a | -18x | 2.7x |
| Fri, 29 Mar 2024 | AU$4.5b | AU$1.8b | -AU$276,192,342.50 | n/a | -16.2x | 2.5x |
| Sun, 25 Feb 2024 | AU$3.7b | AU$1.8b | -AU$303,196,209.00 | n/a | -12.2x | 2x |
| Tue, 23 Jan 2024 | AU$12.8b | AU$3.8b | -AU$55,857,418.00 | 45.6x | -229.4x | 3.4x |
| Thu, 21 Dec 2023 | AU$13.0b | AU$3.7b | -AU$53,773,748.00 | 45.6x | -241.6x | 3.5x |
| Sat, 18 Nov 2023 | AU$12.6b | AU$3.8b | -AU$56,940,514.00 | 45.6x | -222x | 3.3x |
| Mon, 16 Oct 2023 | AU$12.6b | AU$3.8b | -AU$59,488,369.00 | 45.6x | -212.2x | 3.3x |
| Wed, 13 Sep 2023 | AU$12.9b | AU$3.8b | -AU$63,307,610.00 | 45.6x | -203.7x | 3.4x |
| Fri, 11 Aug 2023 | AU$12.9b | AU$4.0b | AU$143.3m | 56x | 90.4x | 3.2x |
| Sun, 09 Jul 2023 | AU$12.7b | AU$4.0b | AU$142.5m | 52.6x | 89x | 3.2x |
| Tue, 06 Jun 2023 | AU$12.9b | AU$4.0b | AU$143.1m | 54.1x | 90x | 3.2x |
| Thu, 04 May 2023 | AU$13.0b | AU$4.0b | AU$142.6m | 55.8x | 91.1x | 3.3x |
| Sat, 01 Apr 2023 | AU$13.1b | AU$4.0b | AU$136.2m | 55.1x | 95.9x | 3.3x |
| Mon, 27 Feb 2023 | AU$13.1b | AU$3.7b | AU$316.6m | 45.3x | 41.2x | 3.5x |
| Wed, 25 Jan 2023 | AU$13.1b | AU$3.7b | AU$473.6m | 25.1x | 27.6x | 3.5x |
| Fri, 23 Dec 2022 | AU$12.5b | AU$3.8b | AU$480.4m | 25.1x | 26.1x | 3.3x |
| Sun, 20 Nov 2022 | AU$11.8b | AU$3.8b | AU$481.6m | 24.6x | 24.6x | 3.1x |
| Tue, 18 Oct 2022 | AU$11.0b | AU$3.9b | AU$495.9m | 23.7x | 22.2x | 2.8x |
| Thu, 15 Sep 2022 | AU$11.2b | AU$3.8b | AU$490.1m | 23.4x | 22.9x | 3x |
| Sat, 13 Aug 2022 | AU$11.4b | AU$3.4b | AU$705.8m | 12.4x | 16.2x | 3.3x |
| Mon, 11 Jul 2022 | AU$8.4b | AU$3.5b | AU$712.8m | 10.8x | 11.7x | 2.4x |
| Wed, 08 Jun 2022 | AU$11.3b | AU$3.4b | AU$703.9m | 12.7x | 16.1x | 3.3x |
| Fri, 06 May 2022 | AU$11.2b | AU$3.4b | AU$709.0m | 12.3x | 15.9x | 3.3x |
| Sun, 03 Apr 2022 | AU$12.1b | AU$3.4b | AU$715.8m | 13x | 16.9x | 3.6x |
| Tue, 01 Mar 2022 | AU$12.0b | AU$3.3b | AU$704.9m | 16x | 17x | 3.6x |
| Thu, 27 Jan 2022 | AU$12.2b | AU$3.0b | AU$607.4m | 15.5x | 20.1x | 4.1x |
| Sat, 25 Dec 2021 | AU$12.8b | AU$3.0b | AU$607.8m | 15.2x | 21x | 4.3x |
| Mon, 22 Nov 2021 | AU$12.0b | AU$3.0b | AU$607.8m | 14.8x | 19.8x | 4x |
| Wed, 20 Oct 2021 | AU$12.1b | AU$3.0b | AU$607.8m | 14.1x | 19.9x | 4x |
| Fri, 17 Sep 2021 | AU$10.0b | AU$3.0b | AU$612.7m | 6.7x | 16.4x | 3.3x |
| Sun, 15 Aug 2021 | AU$9.8b | AU$3.0b | AU$622.8m | 7.5x | 15.7x | 3.3x |
| Thu, 10 Jun 2021 | AU$10.4b | AU$2.7b | AU$480.3m | 9.3x | 21.6x | 3.9x |
Price to Earnings Ratio
21.6x
Current Industry PE
- Investors are pessimistic on the Australian Copper industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 3.2x is higher than the industry's current PS ratio of 2.7x.
Past Earnings Growth
- Total earnings for the Copper industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 13% per year, which is driving profits down.
Industry Comparison
How does Australian Copper compare with similar industries?
| AU Market | -0.33% | |
| Materials | -1.70% | |
| Metals and Mining | -1.73% | |
| Copper | -1.71% | |
| Aluminum | 8.74% | |
| Precious Metals and Minerals | 3.21% | |
| Gold | 1.60% | |
| Diversified Metals and Mining | -1.00% | |
| Steel | -6.36% | |
| Silver | -7.07% | |
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 | |
|---|---|---|---|---|---|
| PEX Peel Mining | AU$0.15 | 15.4% +AU$11.6m | 20.0% | PS121059.3x | |
| CYM Cyprium Metals | AU$0.041 | 10.8% +AU$6.1m | n/a | PB0.7x | |
| AIS Aeris Resources | AU$0.28 | 1.8% +AU$4.8m | -41.7% | PS0.5x |