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Brazilian (BOVESPA) Steel Industry Analysis
UpdatedJul 25, 2024
DataAggregated Company Financials
Companies10
- 7D-1.9%
- 3M-3.7%
- 1Y-13.5%
- YTDn/a
Over the last 7 days, the Steel industry has dropped 3.6%, driven by declines from every company within the industry. Overall the industry is down 15% in 12 months. Earnings are forecast to grow by 1.3% annually.
Industry Valuation and Performance
Has the Brazilian Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Jul 2024 | R$370.4b | R$430.0b | R$53.6b | 6.4x | 6.9x | 0.9x |
| Sat, 22 Jun 2024 | R$372.2b | R$430.0b | R$53.6b | 6.3x | 6.9x | 0.9x |
| Mon, 20 May 2024 | R$394.9b | R$431.8b | R$52.2b | 7.3x | 7.6x | 0.9x |
| Wed, 17 Apr 2024 | R$388.6b | R$442.9b | R$57.0b | 6x | 6.8x | 0.9x |
| Fri, 15 Mar 2024 | R$388.7b | R$442.9b | R$57.2b | 7x | 6.8x | 0.9x |
| Sun, 11 Feb 2024 | R$413.6b | R$445.4b | R$64.7b | 6.5x | 6.4x | 0.9x |
| Tue, 09 Jan 2024 | R$466.0b | R$445.7b | R$63.1b | 6.2x | 7.4x | 1x |
| Thu, 07 Dec 2023 | R$445.0b | R$446.8b | R$63.3b | 5.9x | 7x | 1x |
| Sat, 04 Nov 2023 | R$427.2b | R$452.8b | R$65.6b | 5.8x | 6.5x | 0.9x |
| Mon, 02 Oct 2023 | R$411.3b | R$454.3b | R$75.3b | 5.7x | 5.5x | 0.9x |
| Wed, 30 Aug 2023 | R$389.3b | R$454.6b | R$75.4b | 5.5x | 5.2x | 0.9x |
| Fri, 28 Jul 2023 | R$440.5b | R$471.3b | R$95.8b | 4.4x | 4.6x | 0.9x |
| Sun, 25 Jun 2023 | R$414.3b | R$471.3b | R$95.8b | 4.4x | 4.3x | 0.9x |
| Tue, 23 May 2023 | R$428.1b | R$471.5b | R$95.8b | 4.4x | 4.5x | 0.9x |
| Thu, 20 Apr 2023 | R$464.0b | R$487.7b | R$112.3b | 4.1x | 4.1x | 1x |
| Sat, 18 Mar 2023 | R$493.1b | R$487.7b | R$115.2b | 4.1x | 4.3x | 1x |
| Mon, 13 Feb 2023 | R$527.7b | R$503.5b | R$129.3b | 4.1x | 4.1x | 1x |
| Wed, 11 Jan 2023 | R$564.3b | R$503.9b | R$132.7b | 4x | 4.3x | 1.1x |
| Fri, 09 Dec 2022 | R$517.5b | R$503.9b | R$132.7b | 3.8x | 3.9x | 1x |
| Sun, 06 Nov 2022 | R$447.6b | R$493.1b | R$131.5b | 3.6x | 3.4x | 0.9x |
| Tue, 04 Oct 2022 | R$453.5b | R$516.9b | R$143.2b | 3.3x | 3.2x | 0.9x |
| Thu, 01 Sep 2022 | R$406.9b | R$521.9b | R$144.8b | 3x | 2.8x | 0.8x |
| Sat, 30 Jul 2022 | R$444.2b | R$518.9b | R$156.6b | 3.2x | 2.8x | 0.9x |
| Mon, 27 Jun 2022 | R$472.0b | R$551.8b | R$176.5b | 2.8x | 2.7x | 0.9x |
| Wed, 25 May 2022 | R$541.2b | R$551.7b | R$176.6b | 3.4x | 3.1x | 1x |
| Fri, 22 Apr 2022 | R$557.8b | R$556.7b | R$190.6b | 3x | 2.9x | 1x |
| Sun, 20 Mar 2022 | R$630.7b | R$556.6b | R$188.0b | 3.5x | 3.4x | 1.1x |
| Tue, 15 Feb 2022 | R$615.8b | R$548.3b | R$149.6b | 3.6x | 4.1x | 1.1x |
| Thu, 13 Jan 2022 | R$589.3b | R$548.3b | R$149.6b | 3.8x | 3.9x | 1.1x |
| Sat, 11 Dec 2021 | R$545.6b | R$548.3b | R$149.6b | 3.9x | 3.6x | 1x |
| Mon, 08 Nov 2021 | R$463.9b | R$548.8b | R$149.5b | 3.3x | 3.1x | 0.8x |
| Wed, 06 Oct 2021 | R$551.9b | R$516.1b | R$137.5b | 4.5x | 4x | 1.1x |
| Fri, 03 Sep 2021 | R$667.2b | R$516.1b | R$132.4b | 5.2x | 5x | 1.3x |
| Sun, 01 Aug 2021 | R$761.1b | R$516.1b | R$132.4b | 6x | 5.7x | 1.5x |
Price to Earnings Ratio
5.7x
Current Industry PE
- Investors are optimistic on the Brazilian Steel industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 6.9x which is higher than its 3-year average PE of 4.7x.
- The industry is trading close to its 3-year average PS ratio of 0.97x.
Past Earnings Growth
- The earnings for companies in the Steel industry have declined 26% per year over the last three years,
- Revenues have also declined 5.9% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Brazilian Steel compare with similar industries?
| BR Market | -1.04% | |
| Materials | -1.74% | |
| Metals and Mining | -2.10% | |
| Steel | -1.85% | |
| Copper | 0% | |
| Diversified Metals and Mining | 0% | |
| Gold | 0% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
| Aluminum | -23.35% | |
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 | |
|---|---|---|---|---|---|
| No data available | |||||
