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U.K. (FTSE) Steel Industry Analysis

UpdatedApr 26, 2026
DataAggregated Company Financials
Companies8
  • 7D-4.6%
  • 3M-4.2%
  • 1Y34.3%
  • YTDn/a

Over the last 7 days, the Steel industry has dropped 4.6%, driven by Ferrexpo declining 31%. Over the past 12 months, the industry was up 34%. Earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 26 Apr 2026UK£2.8bUK£1.7b-UK£123,324,833.1223.2x-22.4x1.6x
Tue, 24 Mar 2026UK£2.6bUK£1.7b-UK£162,565,892.0020.3x-15.9x1.5x
Thu, 19 Feb 2026UK£2.9bUK£1.7b-UK£162,279,505.2823.8x-18.1x1.7x
Sat, 17 Jan 2026UK£2.8bUK£1.7b-UK£165,099,015.6824x-17.1x1.7x
Mon, 15 Dec 2025UK£2.6bUK£1.7b-UK£165,387,679.8423.7x-15.9x1.6x
Wed, 12 Nov 2025UK£2.5bUK£1.7b-UK£169,743,608.9624.4x-14.5x1.4x
Fri, 10 Oct 2025UK£2.4bUK£1.7b-UK£167,367,164.4820.8x-14.3x1.4x
Sun, 07 Sep 2025UK£2.4bUK£1.7b-UK£161,353,878.9621.2x-14.9x1.4x
Tue, 05 Aug 2025UK£2.3bUK£1.8bUK£34.8m21.2x65.1x1.3x
Thu, 03 Jul 2025UK£2.1bUK£1.8bUK£36.0m19.2x58.5x1.2x
Sat, 31 May 2025UK£2.2bUK£1.8bUK£35.2m14.6x61.2x1.2x
Mon, 28 Apr 2025UK£2.1bUK£1.8bUK£34.5m13.9x60x1.1x
Wed, 26 Mar 2025UK£2.2bUK£1.8bUK£55.4m10.7x40.6x1.2x
Fri, 21 Feb 2025UK£2.3bUK£1.8bUK£50.1m9.6x45.7x1.3x
Sun, 19 Jan 2025UK£2.5bUK£1.8bUK£48.6m10x51.5x1.4x
Tue, 17 Dec 2024UK£2.5bUK£1.8bUK£50.2m10.1x50x1.4x
Thu, 14 Nov 2024UK£2.5bUK£1.8bUK£54.9m9.8x45.8x1.4x
Sat, 12 Oct 2024UK£2.2bUK£1.8bUK£56.0m11x39.3x1.2x
Mon, 09 Sep 2024UK£2.2bUK£1.8bUK£56.2m9.9x38.5x1.2x
Wed, 07 Aug 2024UK£2.4bUK£1.8bUK£32.0m25x73.9x1.3x
Fri, 05 Jul 2024UK£2.3bUK£1.6bUK£10.0m23.3x226.8x1.4x
Sun, 02 Jun 2024UK£2.3bUK£1.7bUK£3.7m17.3x619.6x1.4x
Tue, 30 Apr 2024UK£2.3bUK£1.7bUK£2.6m16.5x896.7x1.4x
Thu, 28 Mar 2024UK£2.2bUK£1.7bUK£194.3m8.1x11.4x1.3x
Sat, 24 Feb 2024UK£2.3bUK£1.7bUK£189.8m8.5x12.3x1.4x
Mon, 22 Jan 2024UK£7.7bUK£29.1bUK£8.1b5.7x0.9x0.3x
Wed, 20 Dec 2023UK£7.7bUK£29.1bUK£8.1b5.4x1x0.3x
Fri, 17 Nov 2023UK£7.7bUK£29.1bUK£8.1b4.8x1x0.3x
Sun, 15 Oct 2023UK£7.5bUK£29.1bUK£8.1b4.5x0.9x0.3x
Tue, 12 Sep 2023UK£7.6bUK£29.0bUK£8.1b4.3x0.9x0.3x
Thu, 10 Aug 2023UK£7.7bUK£29.0bUK£8.2b4.2x0.9x0.3x
Sat, 08 Jul 2023UK£7.7bUK£29.6bUK£8.2b4x0.9x0.3x
Mon, 05 Jun 2023UK£7.7bUK£29.5bUK£8.2b4.2x0.9x0.3x
Wed, 03 May 2023UK£7.7bUK£29.5bUK£8.2b4.5x0.9x0.3x
Price to Earnings Ratio

0.9x


Total Market Cap: UK£7.7bTotal Earnings: UK£8.2bTotal Revenue: UK£29.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Steel Industry Price to Earnings3Y Average 67.3x202420252026
Current Industry PE
  • Investors are optimistic on the British Steel industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.6x.
Past Earnings Growth
  • Total earnings for the Steel industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 61% per year, which is driving profits down.

Industry Comparison

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

GB Market-2.67%
Materials-2.44%
Metals and Mining-2.23%
Steel-4.65%
Aluminum0%0
Silver0%0
Diversified Metals and Mining-0.09%
Copper-6.91%
Precious Metals and Minerals-9.15%
Gold-9.88%
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
CGS CastingsUK£2.603.4%
+UK£3.7m		2.0%PE23.4x

Latest News

ECOR
UK£1.35
Ecora Royalties
7D
-4.9%
1Y
150.3%

ECOR: Higher Discount Rate And Dividend Outlook Will Support Stronger Profitability

Ecora Royalties' analyst price targets have increased to £1.90 from £1.50 as analysts factor in a higher discount rate, along with updated expectations for slower revenue growth, stronger profit margins and a lower future P/E multiple. Analyst Commentary Recent Street research on Ecora Royalties has been mixed, with both upward and downward adjustments to price targets and ratings.
SML
UK£0.06
Strategic Minerals
7D
-7.7%
1Y
1,691.0%
ZIOC
UK£0.053
Zanaga Iron Ore
7D
-5.7%
1Y
-33.8%
HILS
UK£24.10
Hill & Smith
7D
-1.0%
1Y
36.0%
FXPO
UK£0.32
Ferrexpo
7D
-30.8%
1Y
-41.8%
CGS
UK£2.60
Castings
7D
3.4%
1Y
2.0%