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U.K. (FTSE) Steel Industry Analysis

UpdatedSep 21, 2023
DataAggregated Company Financials
Companies11
  • 7D1.0%
  • 3M0.9%
  • 1Y-72.4%
  • YTD-72.9%

The Steel industry has been flat over the last week, but Ironveld has lost 9.8%. As for the longer term, the industry has declined 73% in the last year. As for the next few years, earnings are expected to grow by 14% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Sep 2023UK£7.7bUK£29.0bUK£8.1b4.7x0.9x0.3x
Sat, 19 Aug 2023UK£7.7bUK£29.0bUK£8.2b3.9x0.9x0.3x
Mon, 17 Jul 2023UK£7.6bUK£29.4bUK£8.2b4.1x0.9x0.3x
Wed, 14 Jun 2023UK£7.7bUK£29.5bUK£8.2b4.4x0.9x0.3x
Fri, 12 May 2023UK£7.7bUK£29.5bUK£8.2b4.8x0.9x0.3x
Sun, 09 Apr 2023UK£7.7bUK£29.5bUK£8.2b4.5x0.9x0.3x
Tue, 07 Mar 2023UK£8.0bUK£30.3bUK£8.3b4.4x1x0.3x
Thu, 02 Feb 2023UK£8.2bUK£30.3bUK£8.3b6.6x1x0.3x
Sat, 31 Dec 2022UK£8.1bUK£30.3bUK£8.3b6.4x1x0.3x
Mon, 28 Nov 2022UK£8.1bUK£30.3bUK£8.3b5.6x1x0.3x
Wed, 26 Oct 2022UK£7.6bUK£30.4bUK£8.3b5.2x0.9x0.3x
Fri, 23 Sep 2022UK£7.6bUK£30.4bUK£8.3b6.1x0.9x0.3x
Sun, 21 Aug 2022UK£8.3bUK£30.2bUK£8.2b12.6x1x0.3x
Tue, 19 Jul 2022UK£3.7bUK£30.4bUK£8.6b10.2x0.4x0.1x
Thu, 16 Jun 2022UK£4.2bUK£30.5bUK£8.7b10.6x0.5x0.1x
Sat, 14 May 2022UK£4.2bUK£30.3bUK£8.6b11.3x0.5x0.1x
Mon, 11 Apr 2022UK£4.7bUK£29.3bUK£8.5b13.8x0.5x0.2x
Wed, 09 Mar 2022UK£4.3bUK£40.8bUK£12.5b0.9x0.3x0.1x
Fri, 04 Feb 2022UK£45.0bUK£34.7bUK£9.7b6.4x4.6x1.3x
Sun, 02 Jan 2022UK£48.6bUK£34.8bUK£9.7b7.7x5x1.4x
Tue, 30 Nov 2021UK£47.1bUK£35.0bUK£9.7b7.2x4.8x1.3x
Thu, 28 Oct 2021UK£52.3bUK£34.6bUK£9.7b8.3x5.4x1.5x
Sat, 25 Sep 2021UK£48.3bUK£31.0bUK£7.3b7.5x6.6x1.6x
Mon, 23 Aug 2021UK£50.0bUK£30.9bUK£7.3b7.6x6.9x1.6x
Sat, 10 Jul 2021UK£49.4bUK£30.9bUK£7.3b7.7x6.8x1.6x
Fri, 02 Apr 2021UK£48.0bUK£26.9bUK£4.8b11.1x9.9x1.8x
Mon, 04 Jan 2021UK£41.2bUK£25.4bUK£3.3b14x12.4x1.6x
Thu, 08 Oct 2020UK£31.2bUK£26.2bUK£2.8b15.1x11.1x1.2x
Price to Earnings Ratio

11.1x


Total Market Cap: UK£31.2bTotal Earnings: UK£2.8bTotal Revenue: UK£26.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Steel Industry Price to Earnings3Y Average 4.7x202120222023
Current Industry PE
  • Investors are pessimistic on the British Steel industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 0.94x which is lower than its 3-year average PE of 4.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.86x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have grown 42% per year over the last three years.
  • Revenues for these companies have grown 3.4% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does U.K. Steel compare with similar industries?

GB Market2.40%
Materials5.25%
Metals and Mining6.11%
Steel1.03%
Diversified Metals and Mining6.86%
Gold4.76%
Precious Metals and Minerals3.07%
Copper1.16%
Aluminum0%
Silver0%
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
EVR EVRAZUK£0.81n/a
UK£1.2b
-86.2%PE0.4x
HILS Hill & SmithUK£17.782.7%
+UK£36.8m
71.6%PE22x
ECOR Ecora ResourcesUK£1.124.7%
+UK£12.9m
-30.8%PS3.9x
FXPO FerrexpoUK£0.791.5%
+UK£7.1m
-40.2%PE3.5x
BEN Bens Creek GroupUK£0.176.2%
+UK£4.0m
-50.0%PE5x
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Latest News

IRON

UK£0.0027

Ironveld

7D

-9.8%

1Y

3.8%

CMH

UK£0.03

Chamberlin

7D

1.7%

1Y

-39.4%

BEN

UK£0.17

Bens Creek Group

7D

6.2%

1Y

-50.0%

ECOR

UK£1.12

Ecora Resources

7D

4.7%

1Y

-30.8%

EVR

UK£0.81

EVRAZ

7D

n/a

1Y

-86.2%

CGS

UK£3.33

Castings

7D

-0.6%

1Y

6.1%

FXPO

UK£0.79

Ferrexpo

7D

1.5%

1Y

-40.2%

CGO

UK£0.04

Contango Holdings

7D

-4.8%

1Y

-47.4%

ZIOC

UK£0.048

Zanaga Iron Ore

7D

1.8%

1Y

129.8%