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Australian (ASX) Metals and Mining Industry Analysis

UpdatedNov 27, 2021
DataAggregated Company Financials
Companies656
  • 7D2.0%
  • 3M-5.2%
  • 1Y8.9%
  • YTD-3.4%

Over the last 7 days, the Metals and Mining industry has risen 2.0%, driven by gains from BHP Group of 4.3%. Meanwhile, Northern Star Resources actually underperformed within the industry, shrinking 6.5% in the last week. This takes the industry's 12 month performance to a gain of 8.9%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sat, 27 Nov 2021AU$467.6bAU$190.1bAU$36.1b14.6x
Mon, 25 Oct 2021AU$451.7bAU$184.5bAU$34.7b14.6x
Wed, 22 Sep 2021AU$434.1bAU$188.3bAU$38.2b11.9x
Fri, 20 Aug 2021AU$471.5bAU$183.9bAU$37.2b12.2x
Fri, 04 Jun 2021AU$485.6bAU$162.6bAU$29.2b14.4x
Mon, 08 Mar 2021AU$475.3bAU$144.6bAU$21.3b13.5x
Thu, 10 Dec 2020AU$382.9bAU$146.7bAU$21.1b12.6x
Wed, 02 Sep 2020AU$373.1bAU$143.1bAU$20.8b12.5x
Sat, 06 Jun 2020AU$331.7bAU$160.1bAU$25.5b12.9x
Tue, 10 Mar 2020AU$301.8bAU$148.8bAU$23.8b10.2x
Mon, 02 Dec 2019AU$332.0bAU$148.9bAU$23.8b12.7x
Thu, 05 Sep 2019AU$326.0bAU$141.7bAU$22.0b13.8x
Sun, 09 Jun 2019AU$321.2bAU$136.3bAU$21.5b13.6x
Sat, 02 Mar 2019AU$316.3bAU$133.8bAU$20.8b13.3x
Tue, 04 Dec 2018AU$271.1bAU$128.9bAU$18.4b11.1x
PE Ratio

11.1x

Total Market Cap: AU$271.1bTotal Earnings: AU$18.4bTotal Revenue: AU$128.9b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 12.7x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Metals and Mining industry have grown 25% per year over the last three years, and revenues for these companies have grown 14% 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 Metals and Mining industry?

Steel7.37%
Diversified Metals and Mining2.76%
Aluminum-0.66%
Copper-1.44%
Gold-5.35%
Precious Metals and Minerals-9.96%
Silver-10.64%

Industry PE: Investors are most optimistic about the Silver industry, which is trading close to its 3-year average PE ratio of 51.7x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Steel industry, which is trading below its 3-year average of 9.6x.

Forecasted Growth: Analysts are most optimistic on the Diversified Metals and Mining industry, expecting annual earnings growth of 8.6% over the next 5 years. However this is lower than its past earnings growth rate of 18% per year. Meanwhile, the Steel industry is expected to see its earnings decline by 32% per year over the next few years.

Top Stock Gainers and Losers

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

Company7D1YValuation
BHP BHP Group4.3%+AU$8.0b-1.8%PE12.2x
FMG Fortescue Metals Group11.1%+AU$5.3b-7.4%PE3.7x
NIC Nickel Mines17.2%+AU$515.6m29.2%PE16.6x
MIN Mineral Resources5.2%+AU$404.9m36.1%PE6.5x
PLS Pilbara Minerals5.1%+AU$357.0m239.7%PS42x
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