Is Fortescue Metals Group (ASX:FMG) A Risky Investment?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
The Steel industry is up 5.3% in the last week, with Sims up 2.8%. The industry has been flat over the past 12 months despite the gain this week. As for the next few years, earnings are forecast to decline by 27% per annum.
Has the Australian Steel Industry valuation changed over the past few years?
Date | Market Cap | Revenue | Earnings | PE |
---|---|---|---|---|
Sat, 28 May 2022 | AU$89.4b | AU$62.0b | AU$17.6b | 6.1x |
Mon, 25 Apr 2022 | AU$97.0b | AU$60.4b | AU$16.8b | 6.1x |
Wed, 23 Mar 2022 | AU$86.6b | AU$58.9b | AU$16.4b | 4.8x |
Fri, 18 Feb 2022 | AU$88.7b | AU$55.8b | AU$15.2b | 7.8x |
Sun, 16 Jan 2022 | AU$91.7b | AU$55.6b | AU$16.8b | 8.6x |
Tue, 14 Dec 2021 | AU$80.9b | AU$55.8b | AU$16.9b | 7.7x |
Thu, 11 Nov 2021 | AU$66.6b | AU$54.9b | AU$16.5b | 8x |
Sat, 09 Oct 2021 | AU$67.4b | AU$54.8b | AU$16.4b | 8.7x |
Mon, 06 Sep 2021 | AU$83.1b | AU$54.0b | AU$16.1b | 9x |
Wed, 04 Aug 2021 | AU$101.3b | AU$54.5b | AU$16.1b | 11.9x |
Sat, 08 May 2021 | AU$94.3b | AU$47.5b | AU$12.2b | 13.5x |
Tue, 09 Feb 2021 | AU$88.1b | AU$41.3b | AU$8.7b | 10.3x |
Mon, 02 Nov 2020 | AU$70.0b | AU$41.1b | AU$8.0b | 9.1x |
Thu, 06 Aug 2020 | AU$65.1b | AU$40.0b | AU$6.9b | 9.8x |
Sun, 10 May 2020 | AU$47.2b | AU$44.5b | AU$9.0b | 8.7x |
Sat, 01 Feb 2020 | AU$49.9b | AU$42.2b | AU$8.4b | 10x |
Tue, 05 Nov 2019 | AU$41.4b | AU$41.5b | AU$7.7b | 8.3x |
Fri, 09 Aug 2019 | AU$41.5b | AU$39.2b | AU$6.5b | 7.5x |
9.9x
How does Australian Steel compare with similar industries?
AU Market | -1.30% | |
Materials | -3.49% | |
Metals and Mining | -3.76% | |
Steel | -2.03% | |
Copper | 1.01% | |
Silver | 0% | |
Aluminum | -1.34% | |
Gold | -1.71% | |
Precious Metals and Minerals | -3.10% | |
Diversified Metals and Mining | -4.72% |
Which companies have driven the market over the last 7 days?
Company | Last Price | 7D | 1Y | Valuation | |
---|---|---|---|---|---|
SGM Sims | AU$17.77 | 2.8% +AU$93.4m | 12.1% | PS7.9x | |
FEX Fenix Resources | AU$0.32 | 6.8% +AU$10.3m | 8.6% | PS2.5x | |
AHQ Allegiance Coal | AU$0.55 | 3.8% +AU$7.8m | 4.8% | PS15.9x | |
BRL Bathurst Resources | AU$1.42 | 2.5% +AU$6.7m | 330.3% | PS4.4x | |
GRR Grange Resources | AU$1.55 | 0.3% +AU$5.8m | 206.9% | PS5.6x |