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U.K. (FTSE) Steel Industry Analysis

UpdatedNov 17, 2024
DataAggregated Company Financials
Companies8
  • 7D2.9%
  • 3M9.5%
  • 1Y3.7%
  • YTDn/a

Over the last 7 days, the Steel industry has risen 2.9%, driven by gains from EVRAZ of . During this same period, the Castings underperformed, falling 9.2%. This takes the industry's 12 month performance to a gain of 3.7%. Looking forward, earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 17 Nov 2024UK£2.5bUK£1.8bUK£50.0m10.2x50.7x1.4x
Tue, 15 Oct 2024UK£2.2bUK£1.8bUK£56.0m11x39.3x1.2x
Thu, 12 Sep 2024UK£2.2bUK£1.8bUK£56.0m9.9x38.6x1.2x
Sat, 10 Aug 2024UK£2.3bUK£1.8bUK£40.3m21.3x56.8x1.3x
Mon, 08 Jul 2024UK£2.3bUK£1.6bUK£10.3m23.5x223.8x1.4x
Wed, 05 Jun 2024UK£2.3bUK£1.7bUK£3.9m17x577.8x1.4x
Fri, 03 May 2024UK£2.2bUK£1.7bUK£2.4m16.2x934.4x1.3x
Sun, 31 Mar 2024UK£2.2bUK£1.7bUK£200.8m9.3x11.1x1.3x
Tue, 27 Feb 2024UK£2.3bUK£1.7bUK£189.7m8.7x12.3x1.4x
Thu, 25 Jan 2024UK£7.7bUK£29.1bUK£8.1b6x1x0.3x
Sat, 23 Dec 2023UK£7.8bUK£29.1bUK£8.1b5.5x1x0.3x
Mon, 20 Nov 2023UK£7.8bUK£29.1bUK£8.1b4.9x1x0.3x
Wed, 18 Oct 2023UK£7.5bUK£29.1bUK£8.1b4.4x0.9x0.3x
Fri, 15 Sep 2023UK£7.7bUK£29.0bUK£8.1b4.5x0.9x0.3x
Sun, 13 Aug 2023UK£7.7bUK£29.0bUK£8.2b4.1x0.9x0.3x
Tue, 11 Jul 2023UK£7.6bUK£29.6bUK£8.2b3.9x0.9x0.3x
Thu, 08 Jun 2023UK£7.7bUK£29.5bUK£8.2b4.3x0.9x0.3x
Sat, 06 May 2023UK£7.7bUK£29.5bUK£8.2b4.6x0.9x0.3x
Mon, 03 Apr 2023UK£7.7bUK£29.6bUK£8.2b4.6x0.9x0.3x
Wed, 01 Mar 2023UK£8.2bUK£30.3bUK£8.3b5.2x1x0.3x
Fri, 27 Jan 2023UK£8.3bUK£30.3bUK£8.3b6.5x1x0.3x
Sun, 25 Dec 2022UK£8.2bUK£30.3bUK£8.3b5.6x1x0.3x
Tue, 22 Nov 2022UK£8.0bUK£30.4bUK£8.3b5.6x1x0.3x
Thu, 20 Oct 2022UK£7.6bUK£30.4bUK£8.3b4.8x0.9x0.3x
Sat, 17 Sep 2022UK£7.8bUK£30.4bUK£8.3b6.4x0.9x0.3x
Mon, 15 Aug 2022UK£12.3bUK£30.2bUK£8.2b13x1.5x0.4x
Wed, 13 Jul 2022UK£3.7bUK£30.4bUK£8.6b10.2x0.4x0.1x
Fri, 10 Jun 2022UK£4.4bUK£30.0bUK£8.5b11.9x0.5x0.1x
Sun, 08 May 2022UK£4.3bUK£30.1bUK£8.6b11.9x0.5x0.1x
Tue, 05 Apr 2022UK£4.8bUK£40.8bUK£12.6b7.4x0.4x0.1x
Thu, 03 Mar 2022UK£4.3bUK£40.6bUK£12.5b1.1x0.3x0.1x
Sat, 29 Jan 2022UK£42.9bUK£34.8bUK£9.7b6.4x4.4x1.2x
Mon, 27 Dec 2021UK£48.0bUK£34.9bUK£9.7b7.7x4.9x1.4x
Wed, 24 Nov 2021UK£49.2bUK£34.9bUK£9.7b7.6x5.1x1.4x
Price to Earnings Ratio

5.1x


Total Market Cap: UK£49.2bTotal Earnings: UK£9.7bTotal Revenue: UK£34.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Steel Industry Price to Earnings3Y Average 58.8x202220232024
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 50.7x which is lower than its 3-year average PE of 58.8x.
  • The 3-year average PS ratio of 0.63x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have declined 83% per year over the last three years,
  • Revenues have also declined 63% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

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

GB Market-0.14%
Materials-3.06%
Metals and Mining-3.36%
Steel2.88%
Aluminum0%
Silver0%
Copper-1.92%
Diversified Metals and Mining-3.32%
Precious Metals and Minerals-7.24%
Gold-9.02%
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
FXPO FerrexpoUK£0.838.7%
+UK£38.8m		2.9%PS0.7x
HILS Hill & SmithUK£21.602.1%
+UK£36.1m		15.5%PE22.6x
ECOR Ecora ResourcesUK£0.658.2%
+UK£12.2m		-29.4%PE10.2x
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Latest News

CGS

UK£2.66

Castings

7D

-9.2%

1Y

-29.3%

SML

UK£0.002

Strategic Minerals

7D

-11.1%

1Y

90.5%

FXPO

UK£0.83

Ferrexpo

7D

8.7%

1Y

2.9%

HILS

UK£21.60

Hill & Smith

7D

2.1%

1Y

15.5%

Returns At Hill & Smith (LON:HILS) Are On The Way Up

Nov 13
Returns At Hill & Smith (LON:HILS) Are On The Way Up

ECOR

UK£0.65

Ecora Resources

7D

8.2%

1Y

-29.4%

ZIOC

UK£0.037

Zanaga Iron Ore

7D

-13.7%

1Y

-45.8%

EVR

UK£0.81

EVRAZ

7D

n/a

1Y

-86.2%