Centamin plc (LON:CEY) Shares Could Be 43% Below Their Intrinsic Value Estimate
May 25
U.K. (FTSE) Metals and Mining Industry Analysis
UpdatedJun 03, 2024
DataAggregated Company Financials
Companies132
- 7D-2.2%
- 3M19.6%
- 1Y11.0%
- YTD3.6%
Over the last 7 days, the Metals and Mining industry has dropped 2.2%, driven by declines from every company within the industry. In the past year, the industry has gained 11%. As for the next few years, earnings are expected to grow by 11% per annum.
Industry Valuation and Performance
Has the U.K. Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 03 Jun 2024 | UK£219.0b | UK£250.0b | UK£12.3b | 15.8x | 17.8x | 0.9x |
| Wed, 01 May 2024 | UK£218.1b | UK£255.1b | UK£12.6b | 14.7x | 17.3x | 0.9x |
| Fri, 29 Mar 2024 | UK£195.4b | UK£252.6b | UK£12.6b | 12.3x | 15.5x | 0.8x |
| Sun, 25 Feb 2024 | UK£185.9b | UK£251.5b | UK£12.6b | 11x | 14.7x | 0.7x |
| Tue, 23 Jan 2024 | UK£199.0b | UK£304.3b | UK£27.6b | 9.3x | 7.2x | 0.7x |
| Thu, 21 Dec 2023 | UK£220.7b | UK£305.4b | UK£27.7b | 10.2x | 8x | 0.7x |
| Sat, 18 Nov 2023 | UK£214.5b | UK£310.2b | UK£28.0b | 10.2x | 7.7x | 0.7x |
| Mon, 16 Oct 2023 | UK£206.1b | UK£316.4b | UK£28.4b | 9.8x | 7.3x | 0.7x |
| Wed, 13 Sep 2023 | UK£202.4b | UK£309.2b | UK£28.0b | 6.8x | 7.2x | 0.7x |
| Fri, 11 Aug 2023 | UK£204.0b | UK£303.8b | UK£27.7b | 7.3x | 7.4x | 0.7x |
| Sun, 09 Jul 2023 | UK£202.7b | UK£327.3b | UK£38.4b | 7.2x | 5.3x | 0.6x |
| Tue, 06 Jun 2023 | UK£208.4b | UK£336.2b | UK£39.3b | 8.1x | 5.3x | 0.6x |
| Thu, 04 May 2023 | UK£212.0b | UK£333.7b | UK£39.1b | 8.3x | 5.4x | 0.6x |
| Sat, 01 Apr 2023 | UK£226.1b | UK£338.7b | UK£39.6b | 8.9x | 5.7x | 0.7x |
| Mon, 27 Feb 2023 | UK£233.9b | UK£349.0b | UK£41.1b | 8.5x | 5.7x | 0.7x |
| Wed, 25 Jan 2023 | UK£267.2b | UK£336.7b | UK£44.8b | 7.1x | 6x | 0.8x |
| Fri, 23 Dec 2022 | UK£248.5b | UK£343.8b | UK£45.6b | 7.1x | 5.4x | 0.7x |
| Sun, 20 Nov 2022 | UK£235.7b | UK£346.5b | UK£46.0b | 6.5x | 5.1x | 0.7x |
| Tue, 18 Oct 2022 | UK£209.2b | UK£365.3b | UK£48.2b | 5.1x | 4.3x | 0.6x |
| Thu, 15 Sep 2022 | UK£216.5b | UK£355.7b | UK£47.7b | 5.6x | 4.5x | 0.6x |
| Sat, 13 Aug 2022 | UK£221.8b | UK£341.2b | UK£46.1b | 6.2x | 4.8x | 0.6x |
| Mon, 11 Jul 2022 | UK£200.2b | UK£302.5b | UK£40.2b | 5.8x | 5x | 0.7x |
| Wed, 08 Jun 2022 | UK£260.4b | UK£304.5b | UK£40.9b | 6.2x | 6.4x | 0.9x |
| Fri, 06 May 2022 | UK£238.0b | UK£309.8b | UK£41.6b | 6.5x | 5.7x | 0.8x |
| Sun, 03 Apr 2022 | UK£284.4b | UK£320.6b | UK£50.2b | 7.4x | 5.7x | 0.9x |
| Tue, 01 Mar 2022 | UK£272.0b | UK£314.5b | UK£49.7b | 7.3x | 5.5x | 0.9x |
| Thu, 27 Jan 2022 | UK£306.0b | UK£274.6b | UK£42.3b | 8x | 7.2x | 1.1x |
| Sat, 25 Dec 2021 | UK£301.7b | UK£276.4b | UK£42.5b | 7.8x | 7.1x | 1.1x |
| Mon, 22 Nov 2021 | UK£297.5b | UK£275.4b | UK£42.4b | 8.7x | 7x | 1.1x |
| Wed, 20 Oct 2021 | UK£315.4b | UK£266.2b | UK£39.4b | 9.2x | 8x | 1.2x |
| Fri, 17 Sep 2021 | UK£302.6b | UK£266.6b | UK£39.4b | 7.7x | 7.7x | 1.1x |
| Sun, 15 Aug 2021 | UK£327.1b | UK£265.9b | UK£39.1b | 9.1x | 8.4x | 1.2x |
| Thu, 10 Jun 2021 | UK£339.3b | UK£242.3b | UK£27.2b | 11.7x | 12.5x | 1.4x |
Price to Earnings Ratio
12.5x
Current Industry PE
- Investors are optimistic on the British Metals and Mining industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 17.8x which is higher than its 3-year average PE of 7.7x.
- The industry is trading close to its 3-year average PS ratio of 0.85x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have declined 23% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the U.K. Materials industry?
| GB Market | -0.56% | |
| Materials | -2.06% | |
| Metals and Mining | -2.20% | |
| Precious Metals and Minerals | 3.26% | |
| Gold | 2.24% | |
| Aluminum | 0% | |
| Silver | 0% | |
| Copper | -1.76% | |
| Diversified Metals and Mining | -2.46% | |
| Steel | -3.72% | |
Industry PE
- Investors are most optimistic about the Steel industry which is trading above its 3-year average PE ratio of 41.3x.
- Analysts are expecting annual earnings growth of 24.4%, which is lower than the prior year's growth of 29.1% per year.
- Investors are most pessimistic about the Diversified Metals and Mining industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 8.7x.
Forecasted Growth
- Analysts are most optimistic on the Gold industry, expecting annual earnings growth of 27% over the next 5 years.
- This is better than its past earnings growth rate of 6.5% per year.
- In contrast, the Diversified Metals and Mining industry is expected to see its earnings grow by 9.7% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ENPL En+ Group International | US$9.30 | n/a US$4.7b | -8.8% | PE2.2x | |
| EVR EVRAZ | UK£0.81 | n/a UK£1.2b | -86.2% | PE0.4x | |
| FRES Fresnillo | UK£6.17 | 3.4% +UK£151.1m | -9.5% | PE24.9x | |
| HOC Hochschild Mining | UK£1.88 | 8.9% +UK£79.4m | 130.8% | PS1.8x | |
| KOD Kodal Minerals | UK£0.0062 | 26.5% +UK£26.3m | -3.9% | PB8.5x |
