Hill & Smith (LON:HILS) Is Increasing Its Dividend To £0.15
Aug 28
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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Sep 2023 | UK£7.7b | UK£29.0b | UK£8.1b | 4.7x | 0.9x | 0.3x |
| Sat, 19 Aug 2023 | UK£7.7b | UK£29.0b | UK£8.2b | 3.9x | 0.9x | 0.3x |
| Mon, 17 Jul 2023 | UK£7.6b | UK£29.4b | UK£8.2b | 4.1x | 0.9x | 0.3x |
| Wed, 14 Jun 2023 | UK£7.7b | UK£29.5b | UK£8.2b | 4.4x | 0.9x | 0.3x |
| Fri, 12 May 2023 | UK£7.7b | UK£29.5b | UK£8.2b | 4.8x | 0.9x | 0.3x |
| Sun, 09 Apr 2023 | UK£7.7b | UK£29.5b | UK£8.2b | 4.5x | 0.9x | 0.3x |
| Tue, 07 Mar 2023 | UK£8.0b | UK£30.3b | UK£8.3b | 4.4x | 1x | 0.3x |
| Thu, 02 Feb 2023 | UK£8.2b | UK£30.3b | UK£8.3b | 6.6x | 1x | 0.3x |
| Sat, 31 Dec 2022 | UK£8.1b | UK£30.3b | UK£8.3b | 6.4x | 1x | 0.3x |
| Mon, 28 Nov 2022 | UK£8.1b | UK£30.3b | UK£8.3b | 5.6x | 1x | 0.3x |
| Wed, 26 Oct 2022 | UK£7.6b | UK£30.4b | UK£8.3b | 5.2x | 0.9x | 0.3x |
| Fri, 23 Sep 2022 | UK£7.6b | UK£30.4b | UK£8.3b | 6.1x | 0.9x | 0.3x |
| Sun, 21 Aug 2022 | UK£8.3b | UK£30.2b | UK£8.2b | 12.6x | 1x | 0.3x |
| Tue, 19 Jul 2022 | UK£3.7b | UK£30.4b | UK£8.6b | 10.2x | 0.4x | 0.1x |
| Thu, 16 Jun 2022 | UK£4.2b | UK£30.5b | UK£8.7b | 10.6x | 0.5x | 0.1x |
| Sat, 14 May 2022 | UK£4.2b | UK£30.3b | UK£8.6b | 11.3x | 0.5x | 0.1x |
| Mon, 11 Apr 2022 | UK£4.7b | UK£29.3b | UK£8.5b | 13.8x | 0.5x | 0.2x |
| Wed, 09 Mar 2022 | UK£4.3b | UK£40.8b | UK£12.5b | 0.9x | 0.3x | 0.1x |
| Fri, 04 Feb 2022 | UK£45.0b | UK£34.7b | UK£9.7b | 6.4x | 4.6x | 1.3x |
| Sun, 02 Jan 2022 | UK£48.6b | UK£34.8b | UK£9.7b | 7.7x | 5x | 1.4x |
| Tue, 30 Nov 2021 | UK£47.1b | UK£35.0b | UK£9.7b | 7.2x | 4.8x | 1.3x |
| Thu, 28 Oct 2021 | UK£52.3b | UK£34.6b | UK£9.7b | 8.3x | 5.4x | 1.5x |
| Sat, 25 Sep 2021 | UK£48.3b | UK£31.0b | UK£7.3b | 7.5x | 6.6x | 1.6x |
| Mon, 23 Aug 2021 | UK£50.0b | UK£30.9b | UK£7.3b | 7.6x | 6.9x | 1.6x |
| Sat, 10 Jul 2021 | UK£49.4b | UK£30.9b | UK£7.3b | 7.7x | 6.8x | 1.6x |
| Fri, 02 Apr 2021 | UK£48.0b | UK£26.9b | UK£4.8b | 11.1x | 9.9x | 1.8x |
| Mon, 04 Jan 2021 | UK£41.2b | UK£25.4b | UK£3.3b | 14x | 12.4x | 1.6x |
| Thu, 08 Oct 2020 | UK£31.2b | UK£26.2b | UK£2.8b | 15.1x | 11.1x | 1.2x |
Price to Earnings Ratio
11.1x
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 Market | 2.40% | |
| Materials | 5.25% | |
| Metals and Mining | 6.11% | |
| Steel | 1.03% | |
| Diversified Metals and Mining | 6.86% | |
| Gold | 4.76% | |
| Precious Metals and Minerals | 3.07% | |
| Copper | 1.16% | |
| Aluminum | 0% | |
| Silver | 0% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| EVR EVRAZ | UK£0.81 | n/a UK£1.2b | -86.2% | PE0.4x | |
| HILS Hill & Smith | UK£17.78 | 2.7% +UK£36.8m | 71.6% | PE22x | |
| ECOR Ecora Resources | UK£1.12 | 4.7% +UK£12.9m | -30.8% | PS3.9x | |
| FXPO Ferrexpo | UK£0.79 | 1.5% +UK£7.1m | -40.2% | PE3.5x | |
| BEN Bens Creek Group | UK£0.17 | 6.2% +UK£4.0m | -50.0% | PE5x |