Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.K. (FTSE) Basic Materials Industry Analysis

UpdatedApr 05, 2026
DataAggregated Company Financials
Companies8
  • 7D2.2%
  • 3M-11.3%
  • 1Y-12.1%
  • YTD-11.4%

In the last week, the Basic Materials industry is up 2.2%, with all of the companies up. In contrast, the industry has lost 12% in the last 12 months. Looking forward, earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

Has the U.K. Basic Materials Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 05 Apr 2026UK£4.7bUK£7.2bUK£281.5m15.9x16.8x0.7x
Tue, 03 Mar 2026UK£6.0bUK£7.2bUK£235.4m22.3x25.4x0.8x
Thu, 29 Jan 2026UK£5.5bUK£7.2bUK£234.8m20.5x23.5x0.8x
Sat, 27 Dec 2025UK£5.4bUK£7.2bUK£235.2m21.9x22.8x0.7x
Mon, 24 Nov 2025UK£4.9bUK£7.2bUK£235.6m20.7x20.7x0.7x
Wed, 22 Oct 2025UK£4.7bUK£7.2bUK£235.0m20.1x20.1x0.7x
Fri, 19 Sep 2025UK£5.2bUK£7.2bUK£235.0m21.7x22x0.7x
Sun, 17 Aug 2025UK£5.3bUK£7.1bUK£211.2m25.7x25.1x0.7x
Tue, 15 Jul 2025UK£5.8bUK£7.0bUK£312.6m22.3x18.6x0.8x
Thu, 12 Jun 2025UK£6.0bUK£7.0bUK£309.6m23x19.3x0.9x
Sat, 10 May 2025UK£6.1bUK£6.9bUK£309.3m23.2x19.6x0.9x
Mon, 07 Apr 2025UK£5.4bUK£7.0bUK£310.1m19.7x17.3x0.8x
Wed, 05 Mar 2025UK£5.5bUK£6.6bUK£256.7m27.3x21.5x0.8x
Fri, 31 Jan 2025UK£5.7bUK£6.7bUK£294.5m29.9x19.3x0.8x
Sun, 29 Dec 2024UK£5.8bUK£6.7bUK£293.0m33.9x19.6x0.9x
Tue, 26 Nov 2024UK£6.2bUK£7.3bUK£309.5m27.4x20.1x0.9x
Thu, 24 Oct 2024UK£6.2bUK£7.3bUK£309.3m28.5x20x0.9x
Sat, 21 Sep 2024UK£6.0bUK£7.3bUK£310.1m27.2x19.4x0.8x
Mon, 19 Aug 2024UK£6.1bUK£7.2bUK£332.7m14.8x18.3x0.9x
Wed, 17 Jul 2024UK£6.3bUK£7.3bUK£350.8m13.6x18x0.9x
Fri, 14 Jun 2024UK£5.7bUK£7.3bUK£353.6m12.6x16.1x0.8x
Sun, 12 May 2024UK£6.0bUK£7.4bUK£356.8m12.8x16.8x0.8x
Tue, 09 Apr 2024UK£5.6bUK£7.3bUK£356.4m12.3x15.8x0.8x
Thu, 07 Mar 2024UK£5.8bUK£7.5bUK£457.1m9.7x12.8x0.8x
Sat, 03 Feb 2024UK£6.8bUK£8.8bUK£547.9m10.4x12.4x0.8x
Mon, 01 Jan 2024UK£6.4bUK£8.8bUK£549.5m9.8x11.6x0.7x
Wed, 29 Nov 2023UK£5.7bUK£8.9bUK£549.3m8.5x10.4x0.6x
Fri, 27 Oct 2023UK£36.4bUK£36.9bUK£2.9b9x12.4x1x
Sun, 24 Sep 2023UK£36.7bUK£36.6bUK£2.9b10.3x12.6x1x
Tue, 22 Aug 2023UK£37.6bUK£34.5bUK£2.6b10.4x14.3x1.1x
Thu, 20 Jul 2023UK£38.5bUK£34.1bUK£2.7b10x14.4x1.1x
Sat, 17 Jun 2023UK£36.5bUK£34.2bUK£2.7b10x13.6x1.1x
Mon, 15 May 2023UK£33.6bUK£33.6bUK£2.6b10x12.8x1x
Wed, 12 Apr 2023UK£33.2bUK£33.7bUK£2.6b10.4x12.6x1x
Price to Earnings Ratio

12.6x


Total Market Cap: UK£33.2bTotal Earnings: UK£2.6bTotal Revenue: UK£33.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Basic Materials Industry Price to Earnings3Y Average 17.5x202420252026
Current Industry PE
  • Investors are relatively neutral on the British Basic Materials 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 17.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.83x.
Past Earnings Growth
  • The earnings for companies in the Basic Materials industry have declined 53% per year over the last three years,
  • Revenues have also declined 40% 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 U.K. Materials industry?

GB Market4.54%
Materials6.81%
Basic Materials2.25%
Construction Materials2.25%
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?

CompanyLast Price7D1YValuation
RHIM RHI MagnesitaUK£24.254.3%
+UK£47.3m		-8.0%PE15.3x
SRC SigmaRocUK£1.181.7%
+UK£22.2m		38.5%PE16.5x
IBST IbstockUK£1.043.4%
+UK£13.6m		-35.6%PE133.9x
BREE Breedon GroupUK£3.040.7%
+UK£7.6m		-28.3%PE12.6x
MSLH MarshallsUK£1.442.0%
+UK£7.2m		-40.2%PE25.3x

Latest News

BREE
UK£3.04
Breedon Group
7D
0.7%
1Y
-28.3%

BREE: Future Upside Will Depend On Margin Discipline And Dividend Payout Policy

The analyst price target for Breedon Group has been trimmed from £5.25 to £5.00. Analysts cited updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E, consistent with recent target reductions to £5.00 and £4.50 from the Street.
IBST
UK£1.04
Ibstock
7D
3.4%
1Y
-35.6%

IBST: Macro Uncertainty On 2026 Earnings Will Shape Bullish Dividend Reset Narrative

Analysts have trimmed their price targets for Ibstock, with the average fair value estimate easing from about £1.38 to £1.34. Recent cuts from firms such as Deutsche Bank and RBC reflect more cautious views on 2026 earnings under ongoing macro uncertainty.
MBH
UK£0.71
Michelmersh Brick Holdings
7D
0.7%
1Y
-24.5%
FORT
UK£1.59
Forterra
7D
1.8%
1Y
-3.9%

FORT: Buybacks And Dividend Momentum Will Support Future Shareholder Returns

Analysts have nudged their price target on Forterra slightly lower from £1.92 to £1.90, reflecting updated assumptions for slower revenue growth, partially offset by firmer profit margin expectations and a modestly lower future P/E multiple. What's in the News On March 16, 2026, the Board of Directors authorized a share buyback plan for Forterra plc, classified as a buyback transaction announcement (Key Developments).
RHIM
UK£24.25
RHI Magnesita
7D
4.3%
1Y
-8.0%

RHIM: Future Returns Will Hinge On Earnings Quality And P/E Execution

Analysts have lifted their price target on RHI Magnesita by £2.00 per share, from £36.50 to £38.50. They cited updated assumptions for discount rate, revenue growth, profit margin and future P/E that support a slightly higher valuation range.
SRC
UK£1.18
SigmaRoc
7D
1.7%
1Y
38.5%

Why SigmaRoc plc (LON:SRC) Could Be Worth Watching

Mar 26
Why SigmaRoc plc (LON:SRC) Could Be Worth Watching
MSLH
UK£1.44
Marshalls
7D
2.0%
1Y
-40.2%

MSLH: Future Margin Gains And New Leadership Will Support Bullish Outlook

Analysts have revised their price target for Marshalls to £2.43 from £2.89, reflecting updated views on slightly softer revenue growth assumptions, a marginally higher discount rate and a lower expected future P/E multiple, partly offset by a modest increase in projected profit margins. What's in the News The board proposes a total dividend payout of 6.7 pence per share for 2025, compared with 8.0 pence for 2024, representing a 16.3% reduction driven by weaker profitability.