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U.K. (FTSE) Steel Industry Analysis

UpdatedOct 14, 2024
DataAggregated Company Financials
Companies8
  • 7D-1.1%
  • 3M-9.6%
  • 1Y-0.6%
  • YTDn/a

Over the last 7 days, the Steel industry has dropped 1.1%, driven by pullbacks from every company within the industry. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 17% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Fri, 22 Oct 2021UK£51.4bUK£32.2bUK£8.3b8.1x6.2x1.6x
Price to Earnings Ratio

6.2x


Total Market Cap: UK£51.4bTotal Earnings: UK£8.3bTotal Revenue: UK£32.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Steel Industry Price to Earnings3Y Average 57.7x202220232024
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 39.3x which is lower than its 3-year average PE of 57.7x.
  • The 3-year average PS ratio of 0.64x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have declined 81% per year over the last three years,
  • Revenues have also declined 62% 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-0.68%
Materials-2.69%
Metals and Mining-3.03%
Steel-1.15%
Precious Metals and Minerals5.57%
Gold2.68%
Aluminum0%
Silver0%
Copper-2.76%
Diversified Metals and Mining-3.47%
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£0.476.3%
+UK£16.2m		-37.9%PS0.4x
CGS CastingsUK£3.051.3%
+UK£1.7m		-11.8%PE7.9x
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1Y

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CGS

UK£3.05

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1.3%

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UK£19.76

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7D

-1.4%

1Y

20.6%

ECOR

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We Like The Quality Of Ecora Resources' (LON:ECOR) Earnings

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FXPO

UK£0.47

Ferrexpo

7D

6.3%

1Y

-37.9%

EVR

UK£0.81

EVRAZ

7D

n/a

1Y

-86.2%