Australian (ASX) Copper Industry Analysis
UpdatedMay 09, 2024
DataAggregated Company Financials
Companies10
- 7D4.2%
- 3M41.8%
- 1Y34.3%
- YTDn/a
In the last week, the Copper industry is up 4.2%, with Sandfire Resources up 5.3%. During this same period, the Hot Chili underperformed, falling 14%. This takes the industry's 12 month performance to a gain of 34%. Earnings are forecast to grow by 62% annually.
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, 10 May 2024 | AU$5.0b | AU$1.8b | -AU$273,557,825.00 | n/a | -18.4x | 2.8x |
| Sun, 07 Apr 2024 | AU$4.5b | AU$1.8b | -AU$273,519,007.50 | n/a | -16.3x | 2.5x |
| Tue, 05 Mar 2024 | AU$3.9b | AU$1.8b | -AU$272,519,717.50 | n/a | -14.2x | 2.1x |
| Thu, 01 Feb 2024 | AU$13.2b | AU$3.8b | -AU$55,981,201.00 | 45.6x | -235x | 3.5x |
| Sat, 30 Dec 2023 | AU$13.2b | AU$3.7b | -AU$53,443,662.00 | 45.6x | -247.8x | 3.6x |
| Mon, 27 Nov 2023 | AU$12.7b | AU$3.8b | -AU$55,872,891.00 | 45.6x | -227.7x | 3.4x |
| Wed, 25 Oct 2023 | AU$12.5b | AU$3.8b | -AU$58,735,359.00 | 45.6x | -213.4x | 3.3x |
| Fri, 22 Sep 2023 | AU$12.7b | AU$3.8b | -AU$56,573,550.00 | 45.6x | -224.5x | 3.3x |
| Sun, 20 Aug 2023 | AU$12.8b | AU$4.1b | AU$144.4m | 53.2x | 88.4x | 3.1x |
| Tue, 18 Jul 2023 | AU$13.0b | AU$4.0b | AU$141.7m | 56.7x | 92.1x | 3.3x |
| Thu, 15 Jun 2023 | AU$13.0b | AU$4.0b | AU$141.8m | 55.7x | 91.4x | 3.3x |
| Sat, 13 May 2023 | AU$12.9b | AU$4.0b | AU$142.5m | 55x | 90.7x | 3.2x |
| Mon, 10 Apr 2023 | AU$13.0b | AU$4.0b | AU$142.5m | 54.8x | 91.6x | 3.3x |
| Wed, 08 Mar 2023 | AU$12.9b | AU$4.0b | AU$130.3m | 53.3x | 98.8x | 3.2x |
| Fri, 03 Feb 2023 | AU$13.1b | AU$3.7b | AU$471.3m | 25.2x | 27.8x | 3.5x |
| Sun, 01 Jan 2023 | AU$12.5b | AU$3.8b | AU$478.6m | 25.2x | 26.2x | 3.3x |
| Tue, 29 Nov 2022 | AU$11.9b | AU$3.8b | AU$480.1m | 24.6x | 24.8x | 3.2x |
| Thu, 27 Oct 2022 | AU$10.3b | AU$3.8b | AU$490.9m | 22.1x | 20.9x | 2.7x |
| Sat, 24 Sep 2022 | AU$11.2b | AU$3.8b | AU$493.9m | 23.9x | 22.6x | 2.9x |
| Mon, 22 Aug 2022 | AU$11.5b | AU$3.5b | AU$712.8m | 11.3x | 16.2x | 3.3x |
| Wed, 20 Jul 2022 | AU$7.5b | AU$3.5b | AU$714.6m | 8.7x | 10.5x | 2.2x |
| Fri, 17 Jun 2022 | AU$9.9b | AU$3.4b | AU$710.4m | 10.7x | 13.9x | 2.9x |
| Sun, 15 May 2022 | AU$10.0b | AU$3.4b | AU$711.3m | 10.3x | 14.1x | 2.9x |
| Tue, 12 Apr 2022 | AU$11.6b | AU$3.4b | AU$701.1m | 12.5x | 16.6x | 3.4x |
| Thu, 10 Mar 2022 | AU$11.7b | AU$3.4b | AU$723.0m | 12.3x | 16.1x | 3.4x |
| Sat, 05 Feb 2022 | AU$11.9b | AU$3.0b | AU$607.4m | 16.3x | 19.6x | 4x |
| Mon, 03 Jan 2022 | AU$13.0b | AU$3.0b | AU$607.4m | 15.7x | 21.4x | 4.3x |
| Wed, 01 Dec 2021 | AU$11.7b | AU$3.0b | AU$607.8m | n/a | 19.3x | 3.9x |
| Fri, 29 Oct 2021 | AU$11.5b | AU$3.0b | AU$607.8m | 13.4x | 18.9x | 3.8x |
| Sun, 26 Sep 2021 | AU$9.7b | AU$3.0b | AU$612.7m | 6.5x | 15.8x | 3.2x |
| Tue, 24 Aug 2021 | AU$9.3b | AU$3.0b | AU$622.8m | 7.1x | 14.9x | 3.1x |
| Wed, 30 Jun 2021 | AU$9.5b | AU$3.0b | AU$622.8m | 7.1x | 15.2x | 3.2x |
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 3.3x is higher than the industry's current PS ratio of 2.8x.
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 12% per year, which is driving profits down.
Industry Comparison
How does Australian Copper compare with similar industries?
| AU Market | 3.09% | |
| Materials | 2.76% | |
| Metals and Mining | 2.79% | |
| Copper | 4.16% | |
| Silver | 6.06% | |
| Steel | 4.15% | |
| Aluminum | 3.59% | |
| Diversified Metals and Mining | 2.46% | |
| Gold | 1.95% | |
| Precious Metals and Minerals | 1.40% | |
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$9.79 | 5.3% +AU$224.1m | 50.6% | PS3.7x | |
| NRX Noronex | AU$0.014 | 7.7% +AU$472.9k | -12.5% | PS146.2x | |
| CPO Culpeo Minerals | AU$0.046 | 2.2% +AU$165.4k | -37.0% | PS1141.9x |