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

U.K. (FTSE) Basic Materials Industry Analysis

UpdatedJun 23, 2026
DataAggregated Company Financials
Companies8
  • 7D-1.0%
  • 3M3.2%
  • 1Y-12.1%
  • YTD-8.4%

Over the last 7 days, the Basic Materials industry has dropped 1.0%, driven by a pullback from RHI Magnesita of 3.2%. The industry has fallen 12% in the last year. Earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Fri, 30 Jun 2023UK£37.0bUK£34.6bUK£2.7b9.9x13.6x1.1x
Price to Earnings Ratio

13.6x


Total Market Cap: UK£37.0bTotal Earnings: UK£2.7bTotal Revenue: UK£34.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Basic Materials Industry Price to Earnings3Y Average 17.8x202420252026
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 17.8x.
  • The industry is trading close to its 3-year average PS ratio of 0.81x.
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 Market-0.40%
Materials-4.85%
Basic Materials-1.04%
Construction Materials-1.04%
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
BREE Breedon GroupUK£3.051.8%
+UK£18.7m		-20.1%PE12.6x
MSLH MarshallsUK£1.423.3%
+UK£11.4m		-46.1%PE24.9x
FORT ForterraUK£1.320.8%
+UK£2.1m		-28.6%PE16.1x

Latest News

MSLH
UK£1.42
Marshalls
7D
3.3%
1Y
-46.1%
IBST
UK£0.92
Ibstock
7D
-2.2%
1Y
-38.8%
BREE
UK£3.05
Breedon Group
7D
1.8%
1Y
-20.1%
Narrative Update • Jun 16

BREE: Future Upside Will Rely On Disciplined Execution Under Reset Expectations

Analysts have trimmed their fair value estimate for Breedon Group stock by about £0.04, reflecting a slightly lower target price. Recent research points to more measured expectations following a reduced target from Deutsche Bank and a neutral initiation from BNP Paribas.
FORT
UK£1.32
Forterra
7D
0.8%
1Y
-28.6%
Narrative Update • Jun 16

FORT: Reaffirmed Buy Ratings And Cash Returns Will Support Future Share Price Upside

Forterra's latest narrative update reflects a lower blended analyst price target, with recent cuts from £3.20 to £2.50 and from £2.20 to £1.95, as analysts recalibrate assumptions around discount rates, revenue growth and profit margins. Analyst Commentary Recent updates on Forterra show that, even with lower headline price targets, several bullish analysts continue to see upside potential in the shares.
RHIM
UK£28.75
RHI Magnesita
7D
-3.2%
1Y
5.5%
Narrative Update • Jun 10

RHIM: Higher Margin Assumptions Will Support Bullish Repricing Ahead

Analysts have adjusted their price target for RHI Magnesita to £39.78, reflecting updated assumptions around discount rate, revenue growth, profit margin and future P/E that leave their overall 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 2026 financial year.
SRC
UK£1.22
SigmaRoc
7D
-2.2%
1Y
17.0%
Narrative Update • Jun 09

SRC: Raised Price Objective And Higher P/E Assumptions Will Support Upside

Analysts have raised SigmaRoc’s fair value estimate from £1.92 to £2.05 and now highlight a higher £1.50 price target, reflecting updated assumptions on discount rates, growth, margins and future P/E expectations. What's in the News No recent SigmaRoc specific news items or key developments were provided in the current data sources.
MBH
UK£0.78
Michelmersh Brick Holdings
7D
-0.6%
1Y
-31.6%