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Australian (ASX) Metals and Mining Industry Analysis
UpdatedJul 08, 2025
DataAggregated Company Financials
Companies676
- 7D2.7%
- 3M9.9%
- 1Y-6.0%
- YTD1.2%
In the last week, the Metals and Mining industry is up 2.7%, with BHP Group up 4.6%. Meanwhile, Northern Star Resources actually underperformed within the industry, shrinking 9.8% in the last week. In the past year, the industry is down 6.0%. Earnings are forecast to grow by 10% annually.
Industry Valuation and Performance
Has the Australian Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 08 Jul 2025 | AU$447.2b | AU$205.0b | AU$21.7b | 13.4x | 20.6x | 2.2x |
| Thu, 05 Jun 2025 | AU$448.1b | AU$205.4b | AU$21.7b | 12.4x | 20.6x | 2.2x |
| Sat, 03 May 2025 | AU$429.5b | AU$206.5b | AU$21.9b | 12x | 19.6x | 2.1x |
| Mon, 31 Mar 2025 | AU$438.0b | AU$209.5b | AU$22.5b | 11.9x | 19.5x | 2.1x |
| Wed, 26 Feb 2025 | AU$448.3b | AU$206.6b | AU$22.0b | 11.7x | 20.4x | 2.2x |
| Fri, 24 Jan 2025 | AU$445.9b | AU$212.9b | AU$21.5b | 12.6x | 20.7x | 2.1x |
| Sun, 22 Dec 2024 | AU$432.3b | AU$213.2b | AU$21.5b | 12.8x | 20.1x | 2x |
| Tue, 19 Nov 2024 | AU$447.4b | AU$208.6b | AU$20.9b | 11.9x | 21.4x | 2.1x |
| Thu, 17 Oct 2024 | AU$480.8b | AU$204.0b | AU$20.3b | 12.4x | 23.6x | 2.4x |
| Sat, 14 Sep 2024 | AU$431.6b | AU$204.2b | AU$20.0b | 14.2x | 21.6x | 2.1x |
| Mon, 12 Aug 2024 | AU$434.5b | AU$210.2b | AU$21.2b | 12.6x | 20.5x | 2.1x |
| Wed, 10 Jul 2024 | AU$472.0b | AU$206.6b | AU$20.5b | 13.3x | 23x | 2.3x |
| Fri, 07 Jun 2024 | AU$493.6b | AU$209.6b | AU$20.9b | 14.7x | 23.6x | 2.4x |
| Sun, 05 May 2024 | AU$490.3b | AU$210.7b | AU$21.3b | 14.1x | 23x | 2.3x |
| Tue, 02 Apr 2024 | AU$492.4b | AU$214.4b | AU$21.6b | 13.2x | 22.8x | 2.3x |
| Thu, 29 Feb 2024 | AU$483.5b | AU$212.8b | AU$22.0b | 11.8x | 22x | 2.3x |
| Sat, 27 Jan 2024 | AU$551.4b | AU$223.2b | AU$32.8b | 12x | 16.8x | 2.5x |
| Mon, 25 Dec 2023 | AU$580.1b | AU$218.7b | AU$31.9b | 11.7x | 18.2x | 2.7x |
| Wed, 22 Nov 2023 | AU$545.8b | AU$223.6b | AU$32.9b | 10.5x | 16.6x | 2.4x |
| Fri, 20 Oct 2023 | AU$525.2b | AU$229.4b | AU$34.3b | 10.2x | 15.3x | 2.3x |
| Sun, 17 Sep 2023 | AU$536.9b | AU$226.7b | AU$34.0b | 11.5x | 15.8x | 2.4x |
| Tue, 15 Aug 2023 | AU$532.9b | AU$237.7b | AU$49.6b | 9.4x | 10.8x | 2.2x |
| Thu, 13 Jul 2023 | AU$543.9b | AU$233.0b | AU$48.6b | 10.2x | 11.2x | 2.3x |
| Sat, 10 Jun 2023 | AU$541.3b | AU$232.4b | AU$48.5b | 10.1x | 11.2x | 2.3x |
| Mon, 08 May 2023 | AU$541.7b | AU$231.7b | AU$48.4b | 9.8x | 11.2x | 2.3x |
| Wed, 05 Apr 2023 | AU$548.9b | AU$231.4b | AU$48.3b | 9.2x | 11.4x | 2.4x |
| Fri, 03 Mar 2023 | AU$565.4b | AU$227.3b | AU$48.2b | 9.7x | 11.7x | 2.5x |
| Sun, 29 Jan 2023 | AU$587.4b | AU$220.8b | AU$50.4b | 11.9x | 11.7x | 2.7x |
| Tue, 27 Dec 2022 | AU$534.0b | AU$229.4b | AU$53.0b | 10.7x | 10.1x | 2.3x |
| Thu, 24 Nov 2022 | AU$527.8b | AU$231.7b | AU$53.7b | 11.1x | 9.8x | 2.3x |
| Sat, 22 Oct 2022 | AU$466.9b | AU$238.8b | AU$55.9b | 9.4x | 8.3x | 2x |
| Mon, 19 Sep 2022 | AU$472.5b | AU$229.0b | AU$53.9b | 8.7x | 8.8x | 2.1x |
| Wed, 17 Aug 2022 | AU$496.3b | AU$199.7b | AU$46.6b | 10.7x | 10.6x | 2.5x |
| Fri, 15 Jul 2022 | AU$436.3b | AU$221.2b | AU$47.5b | 8.5x | 9.2x | 2x |
Price to Earnings Ratio
9.2x
Current Industry PE
- Investors are optimistic on the Australian Metals and Mining industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 20.6x which is higher than its 3-year average PE of 16.4x.
- The industry is trading close to its 3-year average PS ratio of 2.3x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have declined 23% per year over the last three years,
- Revenues have also declined 2.5% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Australian Materials industry?
| AU Market | 0.59% | |
| Materials | 2.69% | |
| Metals and Mining | 2.66% | |
| Aluminum | 8.10% | |
| Steel | 6.41% | |
| Silver | 6.34% | |
| Diversified Metals and Mining | 4.31% | |
| Copper | -0.57% | |
| Gold | -3.80% | |
| Precious Metals and Minerals | -3.80% | |
Industry PE
- Investors are most optimistic about the Copper industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 25.8% and investors are willing to pay a premium for that growth.
Forecasted Growth
- Analysts are most optimistic on the Copper industry, expecting annual earnings growth of 26% over the next 5 years.
- In contrast, the Steel industry is expected to see its earnings decline by 7.1% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BHP BHP Group | AU$38.24 | 4.6% +AU$8.5b | -12.6% | PE11.1x | |
| FMG Fortescue | AU$16.23 | 5.5% +AU$2.6b | -25.8% | PE8.4x | |
| BSL BlueScope Steel | AU$24.53 | 7.3% +AU$728.0m | 21.6% | PE19.9x | |
| MIN Mineral Resources | AU$24.21 | 11.3% +AU$480.7m | -57.0% | PS0.9x | |
| PLS Pilbara Minerals | AU$1.48 | 9.2% +AU$402.2m | -50.8% | PS5.2x |
