Returns On Capital Signal Tricky Times Ahead For Asturiana de Laminados (BME:ELZ)
Dec 26
Spanish (IBEX) Metals and Mining Industry Analysis
UpdatedApr 16, 2024
DataAggregated Company Financials
Companies4
- 7D0.9%
- 3M2.8%
- 1Y9.3%
- YTD-2.1%
In the last week, the Metals and Mining industry is up 3.2%, with Acerinox up 4.0%. This means that the industry has gained 14% over the past year. Earnings are forecast to grow by 19% annually.
Industry Valuation and Performance
Has the Spanish Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 16 Apr 2024 | €3.0b | €8.0b | €322.2m | 10.8x | 9.4x | 0.4x |
| Thu, 14 Mar 2024 | €2.9b | €8.0b | €322.2m | 10.7x | 8.9x | 0.4x |
| Sat, 10 Feb 2024 | €3.0b | €8.2b | €251.8m | 12.7x | 12x | 0.4x |
| Mon, 08 Jan 2024 | €3.0b | €8.2b | €251.8m | 14.2x | 12.1x | 0.4x |
| Wed, 06 Dec 2023 | €3.0b | €8.1b | €254.5m | 13.2x | 11.7x | 0.4x |
| Fri, 03 Nov 2023 | €2.7b | €8.7b | €316.3m | 10.4x | 8.5x | 0.3x |
| Sun, 01 Oct 2023 | €2.7b | €8.7b | €316.4m | 10.2x | 8.5x | 0.3x |
| Tue, 29 Aug 2023 | €2.6b | €8.7b | €298.8m | 10.1x | 8.9x | 0.3x |
| Thu, 27 Jul 2023 | €2.8b | €9.4b | €500.0m | 5.7x | 5.6x | 0.3x |
| Sat, 24 Jun 2023 | €2.8b | €9.4b | €495.8m | 5.8x | 5.7x | 0.3x |
| Mon, 22 May 2023 | €2.8b | €9.9b | €625.8m | 4.5x | 4.5x | 0.3x |
| Wed, 19 Apr 2023 | €2.8b | €9.9b | €619.2m | 4.4x | 4.5x | 0.3x |
| Fri, 17 Mar 2023 | €2.6b | €9.9b | €619.2m | 4.1x | 4.2x | 0.3x |
| Sun, 12 Feb 2023 | €2.8b | €9.9b | €982.8m | 2.6x | 2.8x | 0.3x |
| Tue, 10 Jan 2023 | €2.8b | €9.9b | €982.8m | 2.7x | 2.9x | 0.3x |
| Thu, 08 Dec 2022 | €2.7b | €9.9b | €982.8m | 2.6x | 2.7x | 0.3x |
| Sat, 05 Nov 2022 | €2.7b | €9.9b | €967.1m | 1.3x | 2.8x | 0.3x |
| Mon, 03 Oct 2022 | €2.4b | €9.4b | €1.0b | 1.2x | 2.4x | 0.3x |
| Wed, 31 Aug 2022 | €2.7b | €9.4b | €998.6m | 1.3x | 2.7x | 0.3x |
| Fri, 29 Jul 2022 | €2.7b | €8.5b | €780.4m | 1.7x | 3.4x | 0.3x |
| Sun, 26 Jun 2022 | €2.9b | €8.3b | €766.4m | 1.8x | 3.8x | 0.4x |
| Tue, 24 May 2022 | €3.3b | €8.3b | €766.4m | 2.1x | 4.3x | 0.4x |
| Thu, 21 Apr 2022 | €3.0b | €7.4b | €578.3m | 2.4x | 5.2x | 0.4x |
| Sat, 19 Mar 2022 | €2.9b | €7.4b | €578.3m | 2.4x | 5.1x | 0.4x |
| Mon, 14 Feb 2022 | €3.4b | €6.7b | €388.7m | 4.1x | 8.8x | 0.5x |
| Wed, 12 Jan 2022 | €3.5b | €6.7b | €388.7m | 4.3x | 9.1x | 0.5x |
| Fri, 10 Dec 2021 | €3.0b | €6.7b | €388.7m | 3.6x | 7.7x | 0.5x |
| Sun, 07 Nov 2021 | €3.3b | €6.7b | €393.1m | 3.9x | 8.4x | 0.5x |
| Tue, 05 Oct 2021 | €3.2b | €6.1b | €251.5m | 6x | 12.7x | 0.5x |
| Thu, 02 Sep 2021 | €3.3b | €6.1b | €248.4m | 6.3x | 13.5x | 0.5x |
| Sat, 31 Jul 2021 | €3.3b | €6.1b | €248.4m | 6.2x | 13.2x | 0.5x |
| Tue, 04 May 2021 | €3.4b | €5.7b | €98.2m | 15.8x | 34.4x | 0.6x |
Price to Earnings Ratio
34.4x
Current Industry PE
- Investors are relatively neutral on the Spanish Metals and Mining industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 8.7x.
- The industry is trading close to its 3-year average PS ratio of 0.38x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have grown 49% per year over the last three years.
- Revenues for these companies have grown 12% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Spanish Materials industry?
| ES Market | -1.64% | |
| Materials | 1.05% | |
| Metals and Mining | 0.86% | |
| Steel | 0.90% | |
| Copper | 0% | |
| Aluminum | 0% | |
| Gold | 0% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
| Diversified Metals and Mining | -3.85% | |
Industry PE
- Investors are most optimistic about the Steel industry, which is trading close to its 3-year average PE ratio of 11.0x.
- Analysts are expecting annual earnings growth of 18.7%, which is higher than its past year's earnings growth of 10.3% per year.
- Investors are most pessimistic about the Diversified Metals and Mining industry, which is trading below its 3-year average of 1.0x.
Forecasted Growth
- Analysts are most optimistic on the Steel industry, expecting annual earnings growth of 19% over the next 5 years.
- This is better than its past earnings growth rate of 10% per year.
- In contrast, the Steel industry is expected to see its earnings grow by 19% 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 | |
|---|---|---|---|---|---|
| ACX Acerinox | €10.49 | 1.2% +€29.9m | 7.9% | PE11.5x | |
| TRG Tubos Reunidos | €0.66 | 6.0% +€6.4m | -18.0% | PE2x |