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Australian (ASX) Materials Sector Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies730
- 7D-5.2%
- 3M-2.5%
- 1Y-18.3%
- YTD-20.1%
Over the last 7 days, the Materials industry has dropped 5.2%, driven by BHP Group declining 3.8%. On the other hand Perenti is actually up 6.1%. The industry has fallen 18% in the last year. Looking forward, earnings are forecast to grow by 12% annually.
Sector Valuation and Performance
Has the Australian Materials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | AU$479.4b | AU$245.7b | AU$22.1b | 13.4x | 21.7x | 2x |
| Tue, 19 Nov 2024 | AU$498.3b | AU$240.9b | AU$21.4b | 13.9x | 23.3x | 2.1x |
| Thu, 17 Oct 2024 | AU$530.8b | AU$235.9b | AU$21.3b | 15.9x | 24.9x | 2.3x |
| Sat, 14 Sep 2024 | AU$480.9b | AU$236.1b | AU$21.0b | 16.7x | 22.9x | 2x |
| Mon, 12 Aug 2024 | AU$481.5b | AU$241.7b | AU$22.3b | 13.8x | 21.6x | 2x |
| Wed, 10 Jul 2024 | AU$522.0b | AU$240.6b | AU$21.8b | 15.4x | 24x | 2.2x |
| Fri, 07 Jun 2024 | AU$552.5b | AU$249.2b | AU$22.5b | 15.6x | 24.5x | 2.2x |
| Sun, 05 May 2024 | AU$552.0b | AU$251.0b | AU$23.3b | 15.4x | 23.7x | 2.2x |
| Tue, 02 Apr 2024 | AU$559.6b | AU$254.8b | AU$23.5b | 15.4x | 23.8x | 2.2x |
| Thu, 29 Feb 2024 | AU$548.9b | AU$253.3b | AU$24.4b | 14.1x | 22.5x | 2.2x |
| Sat, 27 Jan 2024 | AU$613.0b | AU$263.3b | AU$35.0b | 14.6x | 17.5x | 2.3x |
| Mon, 25 Dec 2023 | AU$640.5b | AU$258.7b | AU$34.1b | 13.5x | 18.8x | 2.5x |
| Wed, 22 Nov 2023 | AU$601.9b | AU$263.7b | AU$35.1b | 12.9x | 17.1x | 2.3x |
| Fri, 20 Oct 2023 | AU$577.0b | AU$271.4b | AU$37.2b | 11.6x | 15.5x | 2.1x |
| Sun, 17 Sep 2023 | AU$592.1b | AU$268.5b | AU$37.1b | 12.3x | 15.9x | 2.2x |
| Tue, 15 Aug 2023 | AU$589.3b | AU$279.4b | AU$52.7b | 11.2x | 11.2x | 2.1x |
| Thu, 13 Jul 2023 | AU$595.2b | AU$274.3b | AU$51.6b | 11.2x | 11.5x | 2.2x |
| Sat, 10 Jun 2023 | AU$591.4b | AU$273.7b | AU$51.5b | 11.9x | 11.5x | 2.2x |
| Mon, 08 May 2023 | AU$591.2b | AU$271.7b | AU$51.3b | 10.5x | 11.5x | 2.2x |
| Wed, 05 Apr 2023 | AU$596.9b | AU$271.4b | AU$51.3b | 10.2x | 11.6x | 2.2x |
| Fri, 03 Mar 2023 | AU$613.8b | AU$267.3b | AU$51.4b | 10.8x | 11.9x | 2.3x |
| Sun, 29 Jan 2023 | AU$635.9b | AU$259.7b | AU$53.5b | 12.6x | 11.9x | 2.4x |
| Tue, 27 Dec 2022 | AU$579.1b | AU$268.6b | AU$56.2b | 11.4x | 10.3x | 2.2x |
| Thu, 24 Nov 2022 | AU$575.5b | AU$271.0b | AU$56.9b | 11.6x | 10.1x | 2.1x |
| Sat, 22 Oct 2022 | AU$512.0b | AU$275.5b | AU$58.3b | 10.1x | 8.8x | 1.9x |
| Mon, 19 Sep 2022 | AU$519.9b | AU$265.3b | AU$56.1b | 9.8x | 9.3x | 2x |
| Wed, 17 Aug 2022 | AU$548.0b | AU$234.8b | AU$48.8b | 12x | 11.2x | 2.3x |
| Fri, 15 Jul 2022 | AU$483.3b | AU$256.5b | AU$49.7b | 10.6x | 9.7x | 1.9x |
| Sun, 12 Jun 2022 | AU$607.3b | AU$270.2b | AU$49.4b | 11.2x | 12.3x | 2.2x |
| Tue, 10 May 2022 | AU$618.1b | AU$265.5b | AU$48.6b | 12.8x | 12.7x | 2.3x |
| Thu, 07 Apr 2022 | AU$679.8b | AU$253.1b | AU$45.8b | 14x | 14.8x | 2.7x |
| Sat, 05 Mar 2022 | AU$652.4b | AU$257.8b | AU$47.0b | 16.9x | 13.9x | 2.5x |
| Mon, 31 Jan 2022 | AU$604.3b | AU$244.8b | AU$41.7b | 15.9x | 14.5x | 2.5x |
| Wed, 29 Dec 2021 | AU$588.8b | AU$239.3b | AU$40.6b | 17.1x | 14.5x | 2.5x |
Price to Earnings Ratio
14.5x
Current Industry PE
- Investors are optimistic on the Australian Materials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 21.6x which is higher than its 3-year average PE of 15.8x.
- The 3-year average PS ratio of 2.2x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Materials industry have declined 18% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Australian Materials sector?
| AU Market | -2.74% | |
| Materials | -5.16% | |
| Paper and Forestry Products | 1.13% | |
| Packaging | -1.17% | |
| Basic Materials | -4.43% | |
| Chemicals | -5.22% | |
| Metals and Mining | -5.24% | |
Industry PE
- Investors are most optimistic about the Basic Materials industry which is trading above its 3-year average PE ratio of 22.4x.
- Analysts are expecting annual earnings growth of 21.3%, which is lower than the prior year's growth of 109.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Chemicals industry, expecting annual earnings growth of 33% over the next 5 years.
- This is better than its past earnings decline of 18% per year.
- In contrast, the Packaging industry is expected to see its earnings grow by 4.7% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PRN Perenti | AU$1.39 | 6.1% +AU$73.6m | 36.3% | PE13.4x | |
| IPX IperionX | AU$4.60 | 1.5% +AU$21.0m | 244.6% | PB16.8x | |
| LPI Lithium Power International | AU$0.56 | 4.6% +AU$16.0m | 63.8% | PE220.5x | |
| CLE Cyclone Metals | AU$0.048 | 92.0% +AU$14.6m | 140.0% | PS17560.9x | |
| PDI Predictive Discovery | AU$0.24 | 2.1% +AU$11.8m | 14.3% | PS3304x |
