Narrative Update • May 07

Last week, the Copper industry hasn't moved much but Aurubis is up 6.6% in that time. The past year has been better, since the industry has gained 145% in that time. As for the next few years, earnings are forecast to decline by 10% per annum.
Has the German Copper Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 08 May 2026 | €8.4b | €19.3b | €605.0m | 13.9x | 14x | 0.4x |
| Sun, 05 Apr 2026 | €6.6b | €19.3b | €605.0m | 11x | 11x | 0.3x |
| Tue, 03 Mar 2026 | €7.5b | €19.3b | €605.0m | 12.5x | 12.5x | 0.4x |
| Thu, 29 Jan 2026 | €7.0b | €18.2b | €539.0m | 13x | 13x | 0.4x |
| Sat, 27 Dec 2025 | €5.3b | €18.2b | €539.0m | 9.8x | 9.8x | 0.3x |
| Mon, 24 Nov 2025 | €4.6b | €18.0b | €616.1m | 7.5x | 7.5x | 0.3x |
| Wed, 22 Oct 2025 | €4.7b | €18.0b | €616.1m | 7.5x | 7.6x | 0.3x |
| Fri, 19 Sep 2025 | €4.1b | €18.0b | €616.1m | 6.7x | 6.7x | 0.2x |
| Sun, 17 Aug 2025 | €4.2b | €18.0b | €616.1m | 6.8x | 6.8x | 0.2x |
| Tue, 15 Jul 2025 | €4.1b | €18.1b | €695.1m | 5.9x | 5.9x | 0.2x |
| Thu, 12 Jun 2025 | €3.5b | €18.1b | €396.1m | 8.9x | 8.9x | 0.2x |
| Sat, 10 May 2025 | €3.4b | €18.1b | €396.1m | 8.6x | 8.6x | 0.2x |
| Mon, 07 Apr 2025 | €3.4b | €17.5b | €614.1m | 5.5x | 5.5x | 0.2x |
| Wed, 05 Mar 2025 | €3.6b | €17.5b | €614.1m | 5.9x | 5.9x | 0.2x |
| Fri, 31 Jan 2025 | €3.2b | €17.2b | €416.1m | 7.9x | 7.6x | 0.2x |
| Sun, 29 Dec 2024 | €3.3b | €17.2b | €416.1m | 8x | 8x | 0.2x |
| Tue, 26 Nov 2024 | €3.3b | €17.1b | €373.9m | 8.9x | 8.9x | 0.2x |
| Thu, 24 Oct 2024 | €3.0b | €17.1b | €373.9m | 8x | 8x | 0.2x |
| Sat, 21 Sep 2024 | €3.1b | €17.1b | €373.9m | 8.2x | 8.2x | 0.2x |
| Mon, 19 Aug 2024 | €2.9b | €17.1b | €373.9m | 7.6x | 7.6x | 0.2x |
| Wed, 17 Jul 2024 | €3.3b | €16.6b | €159.4m | 20.9x | 20.9x | 0.2x |
| Fri, 14 Jun 2024 | €3.2b | €16.6b | €159.4m | 19.6x | 19.9x | 0.2x |
| Sun, 12 May 2024 | €3.1b | €16.6b | €159.4m | 19.5x | 19.5x | 0.2x |
| Tue, 09 Apr 2024 | €3.0b | €16.9b | €141.9m | 21.3x | 21.3x | 0.2x |
| Thu, 07 Mar 2024 | €2.6b | €16.9b | €141.9m | 18.1x | 18.1x | 0.2x |
| Sat, 03 Feb 2024 | €2.8b | €17.1b | €140.9m | 20.1x | 20.1x | 0.2x |
| Mon, 01 Jan 2024 | €3.2b | €17.1b | €140.9m | 23x | 23x | 0.2x |
| Wed, 29 Nov 2023 | €3.3b | €17.2b | €292.7m | 11.4x | 11.4x | 0.2x |
| Fri, 27 Oct 2023 | €3.3b | €17.2b | €292.7m | 11.2x | 11.2x | 0.2x |
| Sun, 24 Sep 2023 | €3.0b | €17.2b | €292.7m | 10.3x | 10.3x | 0.2x |
| Tue, 22 Aug 2023 | €3.2b | €17.2b | €292.7m | 11x | 10.9x | 0.2x |
| Thu, 20 Jul 2023 | €3.5b | €18.1b | €367.6m | 9.6x | 9.6x | 0.2x |
| Sat, 17 Jun 2023 | €3.6b | €18.1b | €367.6m | 9.9x | 9.9x | 0.2x |
| Mon, 15 May 2023 | €3.4b | €18.1b | €367.6m | 9.1x | 9.1x | 0.2x |
9.1x
How does German Copper compare with similar industries?
| DE Market | 3.41% | |
| Materials | 0.49% | |
| Metals and Mining | 9.41% | |
| Copper | 6.45% | |
| Steel | 11.89% | |
| Diversified Metals and Mining | 2.48% | |
| Precious Metals and Minerals | 0% | 0 |
| Gold | -24.49% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NDA Aurubis | €186.60 | 1.8% +€144.1m | 140.0% | PE13.5x |