The Returns On Capital At Elvalhalcor Hellenic Copper and Aluminium Industry (ATH:ELHA) Don't Inspire Confidence
Apr 16
Greek (ASE) Metals and Mining Industry Analysis
UpdatedApr 19, 2024
DataAggregated Company Financials
Companies9
- 7D-4.5%
- 3M-12.9%
- 1Y7.0%
- YTD-6.3%
Over the last 7 days, the Metals and Mining industry has dropped 4.5%, driven by declines in Biokarpet and Iktinos Hellas Greek Marble Industry Technical and Touristic of 3.9% and 4.3%, respectively. This takes the industry's 12 month performance to a gain of 7.0%.
Industry Valuation and Performance
Has the Greek Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 21 Apr 2024 | €972.6m | €4.4b | €31.0m | 16.5x | 31.4x | 0.2x |
| Tue, 19 Mar 2024 | €1.1b | €4.4b | €31.0m | 17.5x | 34.1x | 0.2x |
| Thu, 15 Feb 2024 | €1.2b | €4.5b | €32.4m | 17.6x | 35.7x | 0.3x |
| Sat, 13 Jan 2024 | €1.1b | €4.5b | €32.4m | 18.8x | 34.8x | 0.2x |
| Mon, 11 Dec 2023 | €1.0b | €4.5b | €32.4m | 18.9x | 31.8x | 0.2x |
| Wed, 08 Nov 2023 | €927.3m | €4.7b | €68.6m | 14.3x | 13.5x | 0.2x |
| Fri, 06 Oct 2023 | €918.1m | €4.7b | €68.6m | 12.9x | 13.4x | 0.2x |
| Sun, 03 Sep 2023 | €1.2b | €4.9b | €167.6m | 5.2x | 7.1x | 0.2x |
| Tue, 01 Aug 2023 | €1.2b | €4.9b | €168.4m | 5.6x | 7.3x | 0.3x |
| Thu, 29 Jun 2023 | €1.0b | €4.9b | €168.5m | 4.9x | 6.2x | 0.2x |
| Sat, 27 May 2023 | €969.7m | €4.9b | €168.4m | 4.4x | 5.8x | 0.2x |
| Mon, 24 Apr 2023 | €905.5m | €4.9b | €223.2m | 3.2x | 4.1x | 0.2x |
| Wed, 22 Mar 2023 | €880.6m | €4.9b | €228.7m | 3.2x | 3.8x | 0.2x |
| Fri, 17 Feb 2023 | €1.0b | €4.9b | €223.4m | 3.4x | 4.5x | 0.2x |
| Sun, 15 Jan 2023 | €885.4m | €4.9b | €223.4m | 2.8x | 4x | 0.2x |
| Tue, 13 Dec 2022 | €871.9m | €4.9b | €223.4m | 2.8x | 3.9x | 0.2x |
| Thu, 10 Nov 2022 | €787.6m | €4.7b | €216.7m | 2.8x | 3.6x | 0.2x |
| Sat, 08 Oct 2022 | €746.9m | €4.7b | €216.7m | 2.7x | 3.4x | 0.2x |
| Mon, 05 Sep 2022 | €745.9m | €4.2b | €211.7m | 3.3x | 3.5x | 0.2x |
| Wed, 03 Aug 2022 | €791.7m | €4.2b | €211.7m | 3.4x | 3.7x | 0.2x |
| Fri, 01 Jul 2022 | €733.7m | €4.2b | €211.7m | 3.2x | 3.5x | 0.2x |
| Sun, 29 May 2022 | €858.2m | €4.2b | €211.7m | 3.7x | 4.1x | 0.2x |
| Tue, 26 Apr 2022 | €945.5m | €3.8b | €180.5m | 4.1x | 5.2x | 0.2x |
| Thu, 24 Mar 2022 | €909.1m | €3.7b | €177.0m | 4.8x | 5.1x | 0.2x |
| Sat, 19 Feb 2022 | €1.0b | €3.5b | €185.1m | 5.4x | 5.6x | 0.3x |
| Mon, 17 Jan 2022 | €1.0b | €3.5b | €185.1m | 5.3x | 5.6x | 0.3x |
| Wed, 15 Dec 2021 | €1.0b | €3.5b | €185.1m | 5.3x | 5.5x | 0.3x |
| Fri, 12 Nov 2021 | €1.0b | €3.2b | €169.8m | 5.2x | 6x | 0.3x |
| Sun, 10 Oct 2021 | €1.0b | €3.2b | €169.8m | 5.1x | 6x | 0.3x |
| Tue, 07 Sep 2021 | €984.9m | €3.0b | €122.6m | 23.1x | 8x | 0.3x |
| Thu, 05 Aug 2021 | €973.9m | €2.7b | €76.0m | 21.6x | 12.8x | 0.4x |
| Sun, 09 May 2021 | €1.1b | €2.7b | €74.6m | 15.9x | 14.1x | 0.4x |
Price to Earnings Ratio
14.1x
Current Industry PE
- Investors are optimistic on the Greek Metals and Mining industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 31.4x which is higher than its 3-year average PE of 10.4x.
- The industry is trading close to its 3-year average PS ratio of 0.24x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have declined 25% per year over the last three years.
- Meanwhile revenues for these companies have grown 18% per year.
- This means that although more sales are being generated, 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 Greek Materials industry?
| GR Market | -2.57% | |
| Materials | -0.91% | |
| Metals and Mining | -4.48% | |
| Copper | 0% | |
| Gold | 0% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
| Steel | -4.10% | |
| Aluminum | -4.28% | |
| Diversified Metals and Mining | -8.33% | |
Industry PE
- Investors are most optimistic about the Aluminum industry which is trading above its 3-year average PE ratio of 8.9x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ELHA Elvalhalcor Hellenic Copper and Aluminium Industry | €1.90 | 2.7% +€18.8m | 13.8% | PE25x | |
| ALMY Alumil Aluminium Industry | €2.60 | 2.0% +€1.6m | 22.1% | PE18.4x | |
| SIDMA Sidma Steel Products | €2.08 | 3.0% +€814.9k | -11.5% | PS0.1x |