Analysis Article • 9h
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- 7D7.3%
- 3M14.5%
- 1Y61.3%
- YTD17.3%
In the last week, the Metals and Mining industry is up 7.3%, with BHP Group up 9.0%. This takes the industry's 12 month performance to a gain of 61%. As for the next few years, earnings are expected to grow by 15% per annum.
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 |
|---|---|---|---|---|---|---|
| Wed, 17 Jun 2026 | AU$742.5b | AU$204.8b | AU$25.6b | 12.1x | 29x | 3.6x |
| Fri, 15 May 2026 | AU$743.4b | AU$201.5b | AU$25.3b | 13.7x | 29.4x | 3.7x |
| Sun, 12 Apr 2026 | AU$689.1b | AU$204.3b | AU$25.7b | 13x | 26.8x | 3.4x |
| Tue, 10 Mar 2026 | AU$648.5b | AU$203.8b | AU$24.8b | 17.4x | 26.1x | 3.2x |
| Thu, 05 Feb 2026 | AU$696.7b | AU$191.4b | AU$18.3b | 25.2x | 38.1x | 3.6x |
| Sat, 03 Jan 2026 | AU$625.7b | AU$197.3b | AU$19.1b | 24.4x | 32.8x | 3.2x |
| Mon, 01 Dec 2025 | AU$581.0b | AU$200.4b | AU$19.2b | 22x | 30.2x | 2.9x |
| Wed, 29 Oct 2025 | AU$558.4b | AU$200.7b | AU$19.2b | 21.6x | 29.1x | 2.8x |
| Fri, 26 Sep 2025 | AU$537.4b | AU$200.8b | AU$19.0b | 18.7x | 28.3x | 2.7x |
| Sun, 24 Aug 2025 | AU$499.8b | AU$203.2b | AU$18.9b | 14.3x | 26.4x | 2.5x |
| Tue, 22 Jul 2025 | AU$469.6b | AU$204.5b | AU$21.6b | 13.4x | 21.7x | 2.3x |
| Thu, 19 Jun 2025 | AU$438.6b | AU$205.1b | AU$21.7b | 12.9x | 20.2x | 2.1x |
| Sat, 17 May 2025 | AU$448.0b | AU$206.6b | AU$22.0b | 11.9x | 20.4x | 2.2x |
| Mon, 14 Apr 2025 | AU$406.8b | AU$209.5b | AU$22.5b | 11.5x | 18.1x | 1.9x |
| Wed, 12 Mar 2025 | AU$422.9b | AU$208.9b | AU$22.4b | 11.7x | 18.9x | 2x |
| Fri, 07 Feb 2025 | AU$458.6b | AU$212.8b | AU$21.4b | 13.5x | 21.4x | 2.2x |
| Sun, 05 Jan 2025 | AU$439.4b | AU$214.0b | AU$21.7b | 12.3x | 20.3x | 2.1x |
| Tue, 03 Dec 2024 | AU$454.0b | AU$207.8b | AU$20.8b | 12.1x | 21.9x | 2.2x |
| Thu, 31 Oct 2024 | AU$477.0b | AU$206.2b | AU$20.7b | 13.4x | 23.1x | 2.3x |
| Sat, 28 Sep 2024 | AU$481.6b | AU$200.2b | AU$20.0b | 13x | 24x | 2.4x |
| Mon, 26 Aug 2024 | AU$438.4b | AU$205.4b | AU$20.2b | 13.1x | 21.7x | 2.1x |
| Wed, 24 Jul 2024 | AU$455.1b | AU$209.1b | AU$20.8b | 13.4x | 21.9x | 2.2x |
| Fri, 21 Jun 2024 | AU$467.9b | AU$208.8b | AU$20.8b | 13.4x | 22.5x | 2.2x |
| Sun, 19 May 2024 | AU$512.4b | AU$208.7b | AU$20.9b | 15.2x | 24.5x | 2.5x |
| Tue, 16 Apr 2024 | AU$509.2b | AU$213.5b | AU$21.7b | 13.4x | 23.5x | 2.4x |
| Thu, 14 Mar 2024 | AU$473.2b | AU$211.6b | AU$21.7b | 13x | 21.8x | 2.2x |
| Sat, 10 Feb 2024 | AU$500.2b | AU$210.3b | AU$31.6b | 11.6x | 15.8x | 2.4x |
| Mon, 08 Jan 2024 | AU$567.6b | AU$220.4b | AU$32.3b | 12x | 17.6x | 2.6x |
| Wed, 06 Dec 2023 | AU$533.9b | AU$223.7b | AU$32.9b | 10.4x | 16.2x | 2.4x |
| Fri, 03 Nov 2023 | AU$524.3b | AU$226.6b | AU$33.7b | 10.4x | 15.5x | 2.3x |
| Sun, 01 Oct 2023 | AU$519.2b | AU$226.9b | AU$33.9b | 10.7x | 15.3x | 2.3x |
| Tue, 29 Aug 2023 | AU$517.8b | AU$226.9b | AU$36.0b | 10.7x | 14.4x | 2.3x |
| Thu, 27 Jul 2023 | AU$563.9b | AU$231.4b | AU$48.1b | 9.9x | 11.7x | 2.4x |
| Sat, 24 Jun 2023 | AU$538.1b | AU$233.0b | AU$48.6b | 10x | 11.1x | 2.3x |
Price to Earnings Ratio
11.1x
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 29.0x which is higher than its 3-year average PE of 22.2x.
- The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 3.6x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have declined 19% per year over the last three years,
- Revenues have also declined 4.2% 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 | 3.44% | |
| Materials | 7.23% | |
| Metals and Mining | 7.28% | |
| Silver | 13.65% | |
| Gold | 11.51% | |
| Copper | 10.11% | |
| Diversified Metals and Mining | 6.80% | |
| Aluminum | 4.40% | |
| Steel | 3.25% | |
| Precious Metals and Minerals | -4.12% | |
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 28.4%, which is lower than the prior year's growth of 111.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Copper industry, expecting annual earnings growth of 28% over the next 5 years.
- However this is lower than its past earnings growth rate of 111% per year.
- In contrast, the Silver industry is expected to see its earnings decline by 5.9% 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$65.59 | 9.0% +AU$27.4b | 77.9% | PE23x | |
| EVN Evolution Mining | AU$13.46 | 25.4% +AU$5.5b | 65.2% | PE20.6x | |
| NST Northern Star Resources | AU$21.85 | 17.9% +AU$4.7b | 6.2% | PE20.2x | |
| FMG Fortescue | AU$20.32 | 3.4% +AU$2.0b | 35.2% | PE11.8x | |
| PLS PLS Group | AU$6.36 | 10.4% +AU$1.9b | 389.2% | PS21.2x |
