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U.K. (FTSE) Basic Materials Industry Analysis

UpdatedJul 26, 2026
DataAggregated Company Financials
Companies8
  • 7D0.5%
  • 3M1.1%
  • 1Y-10.1%
  • YTD-6.0%

The Basic Materials industry has stayed flat over the last week. Unfortunately though, the industry is down 10% over the past 12 months. As for the next few years, earnings are expected to grow by 20% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 26 Jul 2026UK£5.0bUK£7.2bUK£277.7m19.1x18x0.7x
Tue, 23 Jun 2026UK£4.9bUK£7.2bUK£278.5m17.9x17.5x0.7x
Thu, 21 May 2026UK£4.6bUK£7.2bUK£279.2m17.1x16.6x0.6x
Sat, 18 Apr 2026UK£5.3bUK£7.2bUK£279.6m19.2x18.8x0.7x
Mon, 16 Mar 2026UK£4.9bUK£7.2bUK£254.9m15.4x19.2x0.7x
Wed, 11 Feb 2026UK£5.7bUK£7.2bUK£235.1m21.6x24.4x0.8x
Fri, 09 Jan 2026UK£5.4bUK£7.2bUK£235.0m21.7x23.1x0.8x
Sun, 07 Dec 2025UK£5.2bUK£7.2bUK£235.2m21.5x21.9x0.7x
Tue, 04 Nov 2025UK£4.9bUK£7.2bUK£235.5m21.1x20.8x0.7x
Thu, 02 Oct 2025UK£5.1bUK£7.2bUK£235.1m21.4x21.8x0.7x
Sat, 30 Aug 2025UK£5.1bUK£7.1bUK£211.4m24.7x23.9x0.7x
Mon, 28 Jul 2025UK£5.6bUK£7.1bUK£306.7m19.7x18.2x0.8x
Wed, 25 Jun 2025UK£5.6bUK£7.0bUK£310.3m22.4x18.2x0.8x
Fri, 23 May 2025UK£6.1bUK£6.9bUK£308.6m22.8x19.8x0.9x
Sun, 20 Apr 2025UK£5.8bUK£7.0bUK£311.0m21.2x18.6x0.8x
Tue, 18 Mar 2025UK£6.1bUK£6.9bUK£310.6m19.2x19.5x0.9x
Thu, 13 Feb 2025UK£5.9bUK£6.7bUK£294.0m29.9x20.1x0.9x
Sat, 11 Jan 2025UK£5.5bUK£6.7bUK£294.8m29.6x18.5x0.8x
Mon, 09 Dec 2024UK£6.0bUK£6.7bUK£293.1m37.7x20.5x0.9x
Wed, 06 Nov 2024UK£6.3bUK£7.3bUK£310.2m27.5x20.2x0.9x
Fri, 04 Oct 2024UK£5.9bUK£7.3bUK£310.5m25.8x19.1x0.8x
Sun, 01 Sep 2024UK£6.1bUK£7.1bUK£330.8m15.1x18.4x0.9x
Tue, 30 Jul 2024UK£6.3bUK£7.2bUK£346.4m15.2x18.1x0.9x
Thu, 27 Jun 2024UK£5.7bUK£7.3bUK£351.9m12.5x16.1x0.8x
Sat, 25 May 2024UK£6.0bUK£7.3bUK£355.3m12.9x16.9x0.8x
Mon, 22 Apr 2024UK£5.4bUK£7.4bUK£357.0m12.1x15.1x0.7x
Wed, 20 Mar 2024UK£5.6bUK£7.4bUK£379.5m11.8x14.7x0.8x
Fri, 16 Feb 2024UK£5.7bUK£7.4bUK£435.5m10x13.1x0.8x
Sun, 14 Jan 2024UK£6.4bUK£8.8bUK£548.6m10.1x11.7x0.7x
Tue, 12 Dec 2023UK£6.0bUK£8.8bUK£548.3m9x11x0.7x
Thu, 09 Nov 2023UK£5.5bUK£8.9bUK£550.2m9.1x9.9x0.6x
Sat, 07 Oct 2023UK£38.3bUK£36.5bUK£2.9b9.9x13.1x1x
Mon, 04 Sep 2023UK£38.4bUK£35.7bUK£2.9b10.4x13.4x1.1x
Wed, 02 Aug 2023UK£39.6bUK£34.5bUK£2.7b10.4x14.9x1.1x
Price to Earnings Ratio

14.9x


Total Market Cap: UK£39.6bTotal Earnings: UK£2.7bTotal Revenue: UK£34.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Basic Materials Industry Price to Earnings3Y Average 17.9x202420252026
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 17.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.80x.
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 41% 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 Market1.20%
Materials3.65%
Basic Materials0.52%
Construction Materials0.52%
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
SRC SigmaRocUK£1.241.8%
+UK£24.4m		6.6%PE17.3x
BREE Breedon GroupUK£3.151.5%
+UK£16.0m		-12.9%PE13x
MSLH MarshallsUK£1.511.1%
+UK£4.0m		-27.9%PE26.5x

Latest News

IBST
UK£0.94
Ibstock
7D
-1.6%
1Y
-37.0%
BREE
UK£3.15
Breedon Group
7D
1.5%
1Y
-12.9%
Narrative Update • Jul 14

BREE: Recent Multiple Compression Will Likely Curb Near-Term Share Upside

Breedon Group's updated analyst price target has moved lower, reflecting recent cuts from several banks that now range from £3.10 to £4.36 per share, alongside expectations for slightly higher revenue growth and profit margins, as well as a lower assumed future P/E multiple. Analyst Commentary Recent Street research on Breedon Group points to a more cautious tone, with several bearish analysts trimming price targets and highlighting a less generous valuation framework.
MBH
UK£0.79
Michelmersh Brick Holdings
7D
-1.3%
1Y
-29.3%
Narrative Update • Jul 10

MBH: Higher Discount Rate Assumptions Will Support Future Upside Potential

Analysts have lowered their price target for Michelmersh Brick Holdings from £1.35 to £1.09, citing updated assumptions that include a higher discount rate, more moderate revenue growth expectations, and slightly lower projected profit margins and future P/E levels. What's in the News for Michelmersh Brick Holdings No recent news stories, periodical coverage, or key developments were provided for Michelmersh Brick Holdings in the supplied sources.
RHIM
UK£29.30
RHI Magnesita
7D
-0.8%
1Y
0%
Narrative Update • Jun 25

RHIM: Slight Margin And Growth Upgrades Will Support Future Repricing

Analysts have nudged their price target for RHI Magnesita slightly higher to about £39.82 from £39.78, citing updated assumptions for the discount rate, revenue growth, profit margin and future P/E that leave their fair value view broadly unchanged. What's in the News At the Annual General Meeting held on May 13, 2026, RHI Magnesita shareholders approved the appointment of KPMG Accountants N.V. as the external auditor for the financial year 2026.
SRC
UK£1.24
SigmaRoc
7D
1.8%
1Y
6.6%
Narrative Update • Jun 23

SRC: Raised Street Pricing Assumptions Will Support Future Upside Potential

Analysts have raised their price target on SigmaRoc to £1.50 from £1.40, citing updated views on the company that are reflected in slightly adjusted assumptions around discount rates and valuation multiples. What’s in the News for SigmaRoc No recent news items for SigmaRoc have been identified in the provided sources.
MSLH
UK£1.51
Marshalls
7D
1.1%
1Y
-27.9%