Australian (ASX) Copper Industry Analysis
UpdatedJun 01, 2023
DataAggregated Company Financials
Companies11
- 7D0.6%
- 3M-1.6%
- 1Y9.9%
- YTD1.0%
Over the last 7 days, the Copper industry has remained flat, although notably Austral Resources Australia declined by 13%. The past year has been better, since the industry has gained 9.9% in that time. As for the next few years, earnings are expected to grow by 33% 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 |
|---|---|---|---|---|---|---|
| Fri, 02 Jun 2023 | AU$12.7b | AU$4.0b | AU$143.9m | 52x | 88.6x | 3.2x |
| Sun, 30 Apr 2023 | AU$13.1b | AU$4.0b | AU$142.9m | 56.6x | 91.7x | 3.3x |
| Tue, 28 Mar 2023 | AU$12.8b | AU$4.0b | AU$136.6m | 52.4x | 93.4x | 3.2x |
| Thu, 23 Feb 2023 | AU$13.1b | AU$3.7b | AU$314.3m | 45.3x | 41.6x | 3.6x |
| Sat, 21 Jan 2023 | AU$13.1b | AU$3.7b | AU$476.0m | 25.2x | 27.5x | 3.5x |
| Mon, 19 Dec 2022 | AU$12.2b | AU$3.8b | AU$481.6m | 24.6x | 25.4x | 3.2x |
| Wed, 16 Nov 2022 | AU$11.4b | AU$3.8b | AU$481.1m | 23.7x | 23.8x | 3x |
| Fri, 14 Oct 2022 | AU$10.9b | AU$3.9b | AU$494.6m | 23.6x | 22.1x | 2.8x |
| Sun, 11 Sep 2022 | AU$11.2b | AU$3.8b | AU$495.2m | 23.5x | 22.6x | 3x |
| Tue, 09 Aug 2022 | AU$11.3b | AU$3.4b | AU$712.0m | 12.3x | 15.9x | 3.3x |
| Thu, 07 Jul 2022 | AU$8.0b | AU$3.5b | AU$715.6m | 10.7x | 11.2x | 2.3x |
| Sat, 04 Jun 2022 | AU$11.4b | AU$3.4b | AU$702.3m | 12.5x | 16.2x | 3.3x |
| Mon, 02 May 2022 | AU$11.4b | AU$3.4b | AU$710.3m | 12.2x | 16.1x | 3.3x |
| Wed, 30 Mar 2022 | AU$12.1b | AU$3.4b | AU$716.0m | 13x | 16.9x | 3.6x |
| Fri, 25 Feb 2022 | AU$11.8b | AU$3.3b | AU$736.7m | 15.4x | 16x | 3.5x |
| Sun, 23 Jan 2022 | AU$13.0b | AU$3.0b | AU$607.4m | 16.4x | 21.5x | 4.4x |
| Tue, 21 Dec 2021 | AU$12.3b | AU$3.0b | AU$607.8m | 14.6x | 20.2x | 4.1x |
| Thu, 18 Nov 2021 | AU$11.9b | AU$3.0b | AU$607.8m | 14.5x | 19.5x | 4x |
| Sat, 16 Oct 2021 | AU$11.3b | AU$3.0b | AU$607.8m | 12.3x | 18.7x | 3.8x |
| Mon, 13 Sep 2021 | AU$10.1b | AU$3.0b | AU$612.7m | 6.8x | 16.5x | 3.4x |
| Wed, 11 Aug 2021 | AU$9.5b | AU$3.0b | AU$622.8m | 7.3x | 15.3x | 3.2x |
| Sun, 06 Jun 2021 | AU$10.4b | AU$2.7b | AU$480.3m | 9.3x | 21.6x | 3.9x |
| Wed, 10 Mar 2021 | AU$9.0b | AU$2.4b | AU$337.9m | 10.8x | 26.8x | 3.8x |
| Tue, 01 Dec 2020 | AU$6.5b | AU$2.3b | AU$285.1m | 17.6x | 22.9x | 2.9x |
| Fri, 04 Sep 2020 | AU$5.8b | AU$2.1b | AU$231.8m | 17.5x | 25.2x | 2.7x |
| Mon, 08 Jun 2020 | AU$3.9b | AU$2.1b | AU$223.0m | 13.1x | 17.5x | 1.9x |
Price to Earnings Ratio
17.5x
Current Industry PE
- Investors are optimistic on the Australian Copper industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 88.6x which is higher than its 3-year average PE of 26.5x.
- The industry is trading close to its 3-year average PS ratio of 3.2x.
Past Earnings Growth
- The earnings for companies in the Copper industry have declined 14% per year over the last three years.
- Meanwhile revenues for these companies have grown 25% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Australian Copper compare with similar industries?
| AU Market | -1.60% | |
| Materials | -1.81% | |
| Metals and Mining | -2.01% | |
| Copper | 0.59% | |
| Aluminum | 4.84% | |
| Precious Metals and Minerals | 1.03% | |
| Silver | 0% | |
| Diversified Metals and Mining | -2.04% | |
| Steel | -2.06% | |
| Gold | -2.85% | |
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 | |
|---|---|---|---|---|---|
| SFR Sandfire Resources | AU$5.65 | 2.9% +AU$73.1m | 3.1% | PE57.8x | |
| AIS Aeris Resources | AU$0.45 | 4.7% +AU$13.8m | -24.4% | PS0.6x | |
| HCH Hot Chili | AU$1.01 | 2.0% +AU$2.4m | -13.3% | PS1319.6x |