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U.K. (FTSE) Basic Materials Industry Analysis

UpdatedAug 10, 2026
DataAggregated Company Financials
Companies8
  • 7D6.1%
  • 3M17.0%
  • 1Y2.2%
  • YTD2.3%

In the last week, the Basic Materials industry is up 6.1%, with RHI Magnesita up 12%. Despite this gain, the industry's performance has been flat over the past year. Looking forward, earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 10 Aug 2026UK£5.5bUK£7.1bUK£273.7m18.8x19.9x0.8x
Wed, 08 Jul 2026UK£4.9bUK£7.2bUK£277.7m18x17.8x0.7x
Fri, 05 Jun 2026UK£4.7bUK£7.2bUK£278.7m18.1x17x0.7x
Sun, 03 May 2026UK£4.9bUK£7.2bUK£279.0m17.8x17.5x0.7x
Tue, 31 Mar 2026UK£4.6bUK£7.2bUK£281.2m15.4x16.3x0.6x
Thu, 26 Feb 2026UK£5.9bUK£7.2bUK£235.1m21.6x25x0.8x
Sat, 24 Jan 2026UK£5.5bUK£7.2bUK£234.9m20.6x23.4x0.8x
Mon, 22 Dec 2025UK£5.3bUK£7.2bUK£235.4m21.8x22.6x0.7x
Wed, 19 Nov 2025UK£4.8bUK£7.2bUK£235.6m20.3x20.3x0.7x
Fri, 17 Oct 2025UK£4.7bUK£7.2bUK£235.1m20.1x20x0.7x
Sun, 14 Sep 2025UK£5.1bUK£7.1bUK£232.6m24.8x22x0.7x
Tue, 12 Aug 2025UK£5.3bUK£7.1bUK£218.5m26.2x24.5x0.8x
Thu, 10 Jul 2025UK£5.8bUK£7.0bUK£311.6m22.6x18.7x0.8x
Sat, 07 Jun 2025UK£6.1bUK£6.9bUK£308.8m22.7x19.7x0.9x
Mon, 05 May 2025UK£6.1bUK£7.0bUK£310.1m23x19.7x0.9x
Wed, 02 Apr 2025UK£5.8bUK£6.9bUK£307.8m20.6x18.7x0.8x
Fri, 28 Feb 2025UK£5.7bUK£6.6bUK£256.3m28.7x22.4x0.9x
Sun, 26 Jan 2025UK£5.6bUK£6.7bUK£295.2m28.4x19x0.8x
Tue, 24 Dec 2024UK£5.7bUK£6.7bUK£293.3m33.6x19.6x0.9x
Thu, 21 Nov 2024UK£6.0bUK£7.3bUK£309.2m26.4x19.5x0.8x
Sat, 19 Oct 2024UK£6.3bUK£7.3bUK£309.1m28.7x20.5x0.9x
Mon, 16 Sep 2024UK£5.9bUK£7.3bUK£313.9m14.1x18.8x0.8x
Wed, 14 Aug 2024UK£6.0bUK£7.2bUK£333.3m15x18.1x0.8x
Fri, 12 Jul 2024UK£6.2bUK£7.3bUK£351.1m13.4x17.8x0.9x
Sun, 09 Jun 2024UK£5.7bUK£7.3bUK£354.9m12.5x16x0.8x
Tue, 07 May 2024UK£5.7bUK£7.3bUK£356.2m12.2x16.1x0.8x
Thu, 04 Apr 2024UK£5.6bUK£7.3bUK£356.2m12.7x15.8x0.8x
Sat, 02 Mar 2024UK£5.8bUK£7.5bUK£457.3m9.7x12.7x0.8x
Mon, 29 Jan 2024UK£6.8bUK£8.8bUK£547.9m10.3x12.4x0.8x
Wed, 27 Dec 2023UK£6.3bUK£8.9bUK£549.7m9.8x11.4x0.7x
Fri, 24 Nov 2023UK£5.7bUK£8.9bUK£550.0m8.5x10.3x0.6x
Sun, 22 Oct 2023UK£36.9bUK£36.7bUK£2.9b9.1x12.6x1x
Tue, 19 Sep 2023UK£36.3bUK£36.2bUK£2.9b10.4x12.5x1x
Thu, 17 Aug 2023UK£38.7bUK£34.5bUK£2.6b10.4x14.7x1.1x
Price to Earnings Ratio

14.7x


Total Market Cap: UK£38.7bTotal Earnings: UK£2.6bTotal Revenue: UK£34.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Basic Materials Industry Price to Earnings3Y Average 18x202420252026
Current Industry PE
  • Investors are optimistic on the British Basic Materials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 19.9x which is higher than its 3-year average PE of 18.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.79x.
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 Market0.96%
Materials6.40%
Basic Materials6.14%
Construction Materials6.14%
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£30.659.9%
+UK£130.2m		37.1%PE15.3x
SRC SigmaRocUK£1.324.4%
+UK£61.0m		7.0%PE18.3x
BREE Breedon GroupUK£3.492.0%
+UK£23.6m		-5.1%PE14.8x
FORT ForterraUK£1.461.0%
+UK£2.9m		-25.5%PE15.6x
MSLH MarshallsUK£1.690.4%
+UK£1.5m		-17.3%PE29.7x

Latest News

IBST
UK£0.90
Ibstock
7D
-6.2%
1Y
-38.3%
FORT
UK£1.46
Forterra
7D
1.0%
1Y
-25.5%
Analysis Article • Aug 04

Forterra (LON:FORT) Is Posting Promising Earnings But The Good News Doesn’t Stop There

The market seemed underwhelmed by last week's earnings announcement from Forterra plc ( LON:FORT ) despite the healthy...
RHIM
UK£30.65
RHI Magnesita
7D
9.9%
1Y
37.1%
Narrative Update • Aug 04

RHIM: Higher Governance Oversight And Margins Will Support Future Repricing

Analysts have revised their price target for RHI Magnesita to £43.57 from £39.82, citing updated assumptions around revenue growth, profit margins, and the future P/E multiple. What's in the News for RHI Magnesita RHI Magnesita shareholders approved the appointment of KPMG Accountants N.V. as external auditor for the 2026 financial year at the Annual General Meeting held on May 13, 2026.
BREE
UK£3.49
Breedon Group
7D
2.0%
1Y
-5.1%
MBH
UK£0.74
Michelmersh Brick Holdings
7D
-5.7%
1Y
-29.0%
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.
SRC
UK£1.32
SigmaRoc
7D
4.4%
1Y
7.0%
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£1.69
Marshalls
7D
0.4%
1Y
-17.3%