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Australian (ASX) Metals and Mining Industry Analysis

UpdatedDec 06, 2022
DataAggregated Company Financials
Companies731
  • 7D5.1%
  • 3M21.5%
  • 1Y14.3%
  • YTD3.2%

In the last week, the Metals and Mining industry is up 5.1%, with BHP Group up 2.3%. During this same period, the Coronado Global Resources underperformed, falling 5.2%. This takes the industry's 12 month performance to a gain of 14%. Looking forward, earnings are forecast to decline by 6.1% per year.

Industry Valuation and Performance

Has the Australian Metals and Mining Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 06 Dec 2022AU$555.9bAU$228.0bAU$52.6b11.7x10.6x2.4x
Thu, 03 Nov 2022AU$477.9bAU$237.3bAU$55.4b9.9x8.6x2x
Sat, 01 Oct 2022AU$463.5bAU$234.8bAU$55.1b8.4x8.4x2x
Mon, 29 Aug 2022AU$509.5bAU$226.1bAU$57.6b8.9x8.8x2.3x
Wed, 27 Jul 2022AU$453.3bAU$217.4bAU$46.5b9.4x9.7x2.1x
Fri, 24 Jun 2022AU$459.9bAU$217.6bAU$46.6b8.8x9.9x2.1x
Sun, 22 May 2022AU$550.7bAU$215.8bAU$46.2b10.7x11.9x2.6x
Tue, 19 Apr 2022AU$614.8bAU$207.0bAU$43.8b12.5x14x3x
Thu, 17 Mar 2022AU$539.2bAU$210.2bAU$45.1b11.1x12x2.6x
Sat, 12 Feb 2022AU$557.4bAU$190.9bAU$37.8b17x14.8x2.9x
Mon, 10 Jan 2022AU$528.1bAU$190.5bAU$38.2b16x13.8x2.8x
Wed, 08 Dec 2021AU$467.8bAU$193.4bAU$38.9b14.4x12x2.4x
Fri, 05 Nov 2021AU$441.7bAU$185.5bAU$37.0b15x11.9x2.4x
Sun, 03 Oct 2021AU$429.1bAU$188.5bAU$37.8b12.4x11.3x2.3x
Tue, 31 Aug 2021AU$494.7bAU$183.9bAU$37.2b12.8x13.3x2.7x
Wed, 07 Jul 2021AU$484.7bAU$183.2bAU$37.2b12.6x13x2.6x
Sat, 10 Apr 2021AU$444.4bAU$162.4bAU$29.2b11.9x15.2x2.7x
Fri, 01 Jan 2021AU$430.2bAU$144.7bAU$21.3b14.3x20.2x3x
Mon, 05 Oct 2020AU$358.4bAU$146.6bAU$21.1b11.9x17x2.4x
Thu, 09 Jul 2020AU$340.3bAU$143.2bAU$20.9b11.9x16.3x2.4x
Wed, 01 Apr 2020AU$261.9bAU$160.1bAU$25.5b9.4x10.3x1.6x
Sat, 04 Jan 2020AU$342.8bAU$148.6bAU$23.8b11.8x14.4x2.3x
Price to Earnings Ratio

14.4x


Total Market Cap: AU$342.8bTotal Earnings: AU$23.8bTotal Revenue: AU$148.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Metals and Mining Industry Price to Earnings3Y Average 14x20212022
Current Industry PE
  • Investors are pessimistic on the Australian Metals and Mining industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 10.6x which is lower than its 3-year average PE of 14.0x.
  • The industry is trading close to its 3-year average PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have grown 30% per year over the last three years.
  • Revenues for these companies have grown 15% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Australian Materials industry?

AU Market1.01%
Materials4.69%
Metals and Mining5.08%
Silver10.00%
Steel7.30%
Gold5.69%
Diversified Metals and Mining4.61%
Aluminum3.83%
Precious Metals and Minerals2.76%
Copper2.12%
Industry PE
  • Investors are most optimistic about the Gold industry which is trading above its 3-year average PE ratio of 29.7x.
    • Analysts are expecting annual earnings growth of 11.4%, which is higher than its past year's earnings decline of 25.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Copper industry, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings decline of 13% per year.
  • In contrast, the Steel industry is expected to see its earnings decline by 23% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
BHP BHP GroupAU$46.562.3%
+AU$5.3b
14.4%PE7.8x
FMG Fortescue Metals GroupAU$20.706.8%
+AU$4.1b
15.1%PE6.9x
S32 South32AU$4.307.0%
+AU$1.3b
13.5%PE4.9x
NCM Newcrest MiningAU$20.573.8%
+AU$677.2m
-12.5%PE14.2x
MIN Mineral ResourcesAU$89.402.3%
+AU$373.6m
89.9%PE48.3x
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Latest News

JRV

AU$0.32

Jervois Global

7D

-16.9%

1Y

-39.0%

DEG

AU$1.24

De Grey Mining

7D

-4.3%

1Y

12.8%

CRN

AU$2.00

Coronado Global Resources

7D

-5.2%

1Y

68.8%

ARU

AU$0.41

Arafura Rare Earths

7D

-8.8%

1Y

112.8%

FMG

AU$20.70

Fortescue Metals Group

7D

6.8%

1Y

15.1%

CXO

AU$1.30

Core Lithium

7D

-4.1%

1Y

145.3%

BHP

AU$46.56

BHP Group

7D

2.3%

1Y

14.4%

EVN

AU$2.82

Evolution Mining

7D

4.8%

1Y

-29.5%

NCM

AU$20.57

Newcrest Mining

7D

3.8%

1Y

-12.5%

5EA

AU$1.33

5E Advanced Materials

7D

-14.5%

1Y

n/a

S32

AU$4.30

South32

7D

7.0%

1Y

13.5%

SYR

AU$2.49

Syrah Resources

7D

-3.9%

1Y

117.5%