Market Still Lacking Some Conviction On Acerinox, S.A. (BME:ACX)
Jun 23
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Spanish (IBEX) Metals and Mining Industry Analysis
UpdatedJul 08, 2025
DataAggregated Company Financials
Companies5
- 7D-1.6%
- 3M17.1%
- 1Y9.6%
- YTD11.7%
Over the last 7 days, the Metals and Mining industry has dropped 1.6%, driven by pullbacks from every company within the industry. Over the past 12 months, the industry was up 9.6%. Looking forward, earnings are forecast to grow by 31% 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 |
|---|---|---|---|---|---|---|
| Wed, 09 Jul 2025 | €3.3b | €6.8b | €300.7m | 8.4x | 10.9x | 0.5x |
| Fri, 06 Jun 2025 | €3.3b | €6.8b | €300.7m | 8.5x | 11x | 0.5x |
| Sun, 04 May 2025 | €3.1b | €6.7b | €377.6m | 6.9x | 8.3x | 0.5x |
| Tue, 01 Apr 2025 | €3.3b | €6.7b | €371.2m | 7.3x | 8.9x | 0.5x |
| Thu, 27 Feb 2025 | €3.4b | €7.2b | €185.8m | 11.8x | 18.1x | 0.5x |
| Sat, 25 Jan 2025 | €3.0b | €7.2b | €185.8m | 10.5x | 16x | 0.4x |
| Mon, 23 Dec 2024 | €2.8b | €7.3b | €183.2m | 9.8x | 15.3x | 0.4x |
| Wed, 20 Nov 2024 | €2.7b | €7.3b | €183.2m | 10x | 15x | 0.4x |
| Fri, 18 Oct 2024 | €2.8b | €7.6b | €206.0m | 10.2x | 13.6x | 0.4x |
| Sun, 15 Sep 2024 | €2.7b | €7.2b | €163.2m | 14.8x | 16.3x | 0.4x |
| Tue, 13 Aug 2024 | €2.6b | €7.2b | €169.8m | 15x | 15.5x | 0.4x |
| Thu, 11 Jul 2024 | €2.9b | €7.7b | €255.6m | 13.3x | 11.2x | 0.4x |
| Sat, 08 Jun 2024 | €2.9b | €7.7b | €255.6m | 14.1x | 11.3x | 0.4x |
| Mon, 06 May 2024 | €2.9b | €7.7b | €239.2m | 10.4x | 12.3x | 0.4x |
| Wed, 03 Apr 2024 | €2.9b | €8.0b | €322.2m | 11x | 9.1x | 0.4x |
| Fri, 01 Mar 2024 | €3.0b | €8.2b | €251.8m | 13x | 11.7x | 0.4x |
| Sun, 28 Jan 2024 | €2.9b | €8.2b | €251.8m | 13.4x | 11.5x | 0.4x |
| Tue, 26 Dec 2023 | €3.1b | €8.2b | €251.8m | 14x | 12.3x | 0.4x |
| Thu, 23 Nov 2023 | €2.9b | €8.1b | €254.5m | 11.8x | 11.4x | 0.4x |
| Sat, 21 Oct 2023 | €2.6b | €8.7b | €316.4m | 9.8x | 8.1x | 0.3x |
| Mon, 18 Sep 2023 | €2.7b | €8.7b | €298.8m | 10.2x | 9x | 0.3x |
| Wed, 16 Aug 2023 | €2.7b | €8.7b | €298.8m | 10.2x | 8.9x | 0.3x |
| Fri, 14 Jul 2023 | €2.9b | €9.4b | €495.8m | 6x | 5.9x | 0.3x |
| Sun, 11 Jun 2023 | €2.9b | €9.4b | €495.8m | 5.8x | 5.8x | 0.3x |
| Tue, 09 May 2023 | €2.8b | €9.9b | €625.8m | 4.4x | 4.4x | 0.3x |
| Thu, 06 Apr 2023 | €2.6b | €9.9b | €619.2m | 4.1x | 4.2x | 0.3x |
| Sat, 04 Mar 2023 | €2.9b | €9.9b | €619.2m | 4.6x | 4.7x | 0.3x |
| Mon, 30 Jan 2023 | €3.0b | €9.9b | €982.8m | 2.8x | 3x | 0.3x |
| Wed, 28 Dec 2022 | €2.7b | €9.9b | €982.8m | 2.6x | 2.8x | 0.3x |
| Fri, 25 Nov 2022 | €2.7b | €9.9b | €982.8m | 2.6x | 2.8x | 0.3x |
| Sun, 23 Oct 2022 | €2.5b | €9.4b | €1.0b | 1.2x | 2.5x | 0.3x |
| Tue, 20 Sep 2022 | €2.6b | €9.4b | €998.6m | 1.2x | 2.6x | 0.3x |
| Thu, 18 Aug 2022 | €2.8b | €9.4b | €998.6m | 1.4x | 2.8x | 0.3x |
| Sat, 16 Jul 2022 | €2.6b | €8.3b | €766.4m | 1.6x | 3.3x | 0.3x |
Price to Earnings Ratio
3.3x
Current Industry PE
- Investors are optimistic on the Spanish Metals and Mining industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 10.9x which is higher than its 3-year average PE of 9.0x.
- The industry is trading close to its 3-year average PS ratio of 0.35x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have declined 27% per year over the last three years,
- Revenues have also declined 6.5% 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 Spanish Materials industry?
| ES Market | 0.53% | |
| Materials | 0.0057% | |
| Metals and Mining | -1.61% | |
| Diversified Metals and Mining | -1.39% | |
| Steel | -1.62% | |
Industry PE
- Investors are most optimistic about the Steel industry, which is trading close to its 3-year average PE ratio of 12.6x.
- Analysts are expecting annual earnings growth of 31.2%, which is higher than its past year's earnings growth of 25.4% per year.
- Investors are most pessimistic about the Diversified Metals and Mining industry, which is trading below its 3-year average of 0.61x.
Forecasted Growth
- Analysts are most optimistic on the Steel industry, expecting annual earnings growth of 31% over the next 5 years.
- This is better than its past earnings growth rate of 25% per year.
- In contrast, the Steel industry is expected to see its earnings grow by 31% 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 | €10.89 | 5.0% +€129.6m | 11.2% | PE14.9x |