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U.K. (FTSE) Steel Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies9
  • 7D1.3%
  • 3M-10.4%
  • 1Y-5.2%
  • YTDn/a

In the last week, the Steel industry is up 1.3%, with EVRAZ up . However, the industry is down 5.2% over the past year. Looking forward, earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Mar 2024UK£2.2bUK£1.7bUK£193.4m8.3x11.5x1.3x
Wed, 14 Feb 2024UK£2.4bUK£1.7bUK£190.5m8.2x12.7x1.5x
Fri, 12 Jan 2024UK£7.7bUK£29.1bUK£8.1b5.8x0.9x0.3x
Sun, 10 Dec 2023UK£7.6bUK£29.1bUK£8.1b5x0.9x0.3x
Tue, 07 Nov 2023UK£7.6bUK£29.0bUK£8.1b5.2x0.9x0.3x
Thu, 05 Oct 2023UK£7.6bUK£29.1bUK£8.1b5x0.9x0.3x
Sat, 02 Sep 2023UK£7.7bUK£29.0bUK£8.2b3.8x0.9x0.3x
Mon, 31 Jul 2023UK£7.7bUK£29.4bUK£8.2b4.5x0.9x0.3x
Wed, 28 Jun 2023UK£7.7bUK£29.6bUK£8.2b3.7x0.9x0.3x
Fri, 26 May 2023UK£7.6bUK£29.6bUK£8.2b4.3x0.9x0.3x
Sun, 23 Apr 2023UK£7.7bUK£29.5bUK£8.2b4.6x0.9x0.3x
Tue, 21 Mar 2023UK£7.7bUK£29.6bUK£8.2b4.6x0.9x0.3x
Thu, 16 Feb 2023UK£8.1bUK£30.3bUK£8.3b6x1x0.3x
Sat, 14 Jan 2023UK£8.3bUK£30.3bUK£8.3b7.5x1x0.3x
Mon, 12 Dec 2022UK£8.1bUK£30.3bUK£8.3b6.4x1x0.3x
Wed, 09 Nov 2022UK£7.8bUK£30.4bUK£8.3b5.9x0.9x0.3x
Fri, 07 Oct 2022UK£46.9bUK£30.4bUK£8.3b5.3x5.7x1.5x
Sun, 04 Sep 2022UK£7.8bUK£30.4bUK£8.3b6.3x0.9x0.3x
Tue, 02 Aug 2022UK£4.0bUK£30.5bUK£8.7b13.2x0.5x0.1x
Thu, 30 Jun 2022UK£3.9bUK£30.3bUK£8.6b10.4x0.5x0.1x
Sat, 28 May 2022UK£4.5bUK£29.9bUK£8.5b11.5x0.5x0.2x
Mon, 25 Apr 2022UK£11.6bUK£29.6bUK£8.4b13.4x1.4x0.4x
Wed, 23 Mar 2022UK£4.8bUK£40.7bUK£12.5b1.2x0.4x0.1x
Fri, 18 Feb 2022UK£44.0bUK£36.9bUK£10.4b5.1x4.2x1.2x
Sun, 16 Jan 2022UK£45.7bUK£34.7bUK£9.7b7.5x4.7x1.3x
Tue, 14 Dec 2021UK£46.3bUK£35.0bUK£9.7b7.4x4.8x1.3x
Thu, 11 Nov 2021UK£51.1bUK£34.8bUK£9.7b7.8x5.3x1.5x
Sat, 09 Oct 2021UK£49.3bUK£31.0bUK£7.3b7.7x6.8x1.6x
Mon, 06 Sep 2021UK£51.3bUK£30.9bUK£7.3b7.9x7x1.7x
Wed, 04 Aug 2021UK£54.4bUK£30.9bUK£7.3b8.2x7.5x1.8x
Sat, 08 May 2021UK£54.1bUK£26.9bUK£4.8b12.2x11.2x2x
Price to Earnings Ratio

9.9x


Total Market Cap: UK£48.0bTotal Earnings: UK£4.8bTotal Revenue: UK£26.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Steel Industry Price to Earnings3Y Average 3.2x202220232024
Current Industry PE
  • Investors are optimistic on the British Steel industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 11.5x which is higher than its 3-year average PE of 3.2x.
  • The 3-year average PS ratio of 0.71x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have declined 66% per year over the last three years,
  • Revenues have also declined 60% 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 Market0.65%
Materials2.85%
Metals and Mining3.32%
Steel1.29%
Copper9.96%
Diversified Metals and Mining2.71%
Gold1.10%
Aluminum0%
Silver0%
Precious Metals and Minerals-0.93%
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£18.922.3%
+UK£33.7m
46.4%PE22x
ECOR Ecora ResourcesUK£0.731.1%
+UK£2.1m
-39.9%PS2.6x
BEN Bens Creek GroupUK£0.046.7%
+UK£999.7k
-78.1%PS0.4x
CGO Contango HoldingsUK£0.0189.4%
+UK£677.0k
-64.7%n/a
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Latest News

CMH

UK£0.017

Chamberlin

7D

6.3%

1Y

-52.8%

ECOR

UK£0.73

Ecora Resources

7D

1.1%

1Y

-39.9%

IRON

UK£0.0016

Ironveld

7D

1.3%

1Y

-53.1%

BEN

UK£0.04

Bens Creek Group

7D

6.7%

1Y

-78.1%

FXPO

UK£0.51

Ferrexpo

7D

-1.8%

1Y

-58.2%

ZIOC

UK£0.077

Zanaga Iron Ore

7D

-4.6%

1Y

41.8%

EVR

UK£0.81

EVRAZ

7D

n/a

1Y

-86.2%

CGS

UK£3.35

Castings

7D

-1.2%

1Y

0.3%

CGO

UK£0.018

Contango Holdings

7D

9.4%

1Y

-64.7%