National Aluminium's (NSE:NATIONALUM) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 16
Have your own idea? Try our Stock Screener
Indian (NIFTY) Materials Sector Analysis
UpdatedNov 20, 2024
DataAggregated Company Financials
Companies726
- 7D-2.0%
- 3M-6.3%
- 1Y19.7%
- YTD7.6%
Over the last 7 days, the Materials industry has dropped 2.0%, driven by pullbacks in PI Industries and Tata Steel of 8.8% and 3.3%, respectively. On the other hand National Aluminium is actually up 6.4%. Over the past 12 months, the industry was up 20%. Earnings are forecast to grow by 24% annually.
Sector Valuation and Performance
Has the Indian Materials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 20 Nov 2024 | ₹46.9t | ₹24.0t | ₹1.4t | 29.3x | 33.9x | 2x |
| Fri, 18 Oct 2024 | ₹50.7t | ₹24.0t | ₹1.3t | 30.9x | 38.9x | 2.1x |
| Sun, 15 Sep 2024 | ₹51.7t | ₹24.0t | ₹1.3t | 30.9x | 39.6x | 2.2x |
| Tue, 13 Aug 2024 | ₹49.7t | ₹23.9t | ₹1.3t | 30.3x | 38.5x | 2.1x |
| Thu, 11 Jul 2024 | ₹51.1t | ₹23.8t | ₹1.3t | 29.9x | 38.9x | 2.1x |
| Sat, 08 Jun 2024 | ₹47.9t | ₹23.8t | ₹1.3t | 27.2x | 36.5x | 2x |
| Mon, 06 May 2024 | ₹46.2t | ₹23.9t | ₹1.4t | 27.5x | 33.6x | 1.9x |
| Wed, 03 Apr 2024 | ₹43.3t | ₹24.0t | ₹1.4t | 25.3x | 31.3x | 1.8x |
| Fri, 01 Mar 2024 | ₹41.7t | ₹24.0t | ₹1.4t | 26.5x | 30.1x | 1.7x |
| Sun, 28 Jan 2024 | ₹42.1t | ₹24.4t | ₹1.4t | 26.9x | 29.3x | 1.7x |
| Tue, 26 Dec 2023 | ₹41.8t | ₹24.4t | ₹1.4t | 24.9x | 30.6x | 1.7x |
| Thu, 23 Nov 2023 | ₹39.3t | ₹24.3t | ₹1.4t | 23.9x | 28.8x | 1.6x |
| Sat, 21 Oct 2023 | ₹38.2t | ₹24.4t | ₹1.4t | 24.5x | 27.1x | 1.6x |
| Mon, 18 Sep 2023 | ₹38.8t | ₹24.4t | ₹1.4t | 23.7x | 27.8x | 1.6x |
| Wed, 16 Aug 2023 | ₹36.3t | ₹24.4t | ₹1.4t | 21.7x | 25.7x | 1.5x |
| Fri, 14 Jul 2023 | ₹35.8t | ₹24.5t | ₹1.6t | 19.2x | 23.1x | 1.5x |
| Sun, 11 Jun 2023 | ₹34.6t | ₹24.4t | ₹1.6t | 19x | 22.3x | 1.4x |
| Tue, 09 May 2023 | ₹34.0t | ₹24.1t | ₹1.7t | 17.7x | 19.7x | 1.4x |
| Thu, 06 Apr 2023 | ₹32.1t | ₹24.2t | ₹1.8t | 16.3x | 17.7x | 1.3x |
| Sat, 04 Mar 2023 | ₹32.3t | ₹24.2t | ₹1.8t | 16.2x | 17.8x | 1.3x |
| Mon, 30 Jan 2023 | ₹32.3t | ₹23.8t | ₹2.0t | 16.7x | 16.3x | 1.4x |
| Wed, 28 Dec 2022 | ₹33.8t | ₹23.6t | ₹2.1t | 17x | 16.3x | 1.4x |
| Fri, 25 Nov 2022 | ₹33.5t | ₹23.6t | ₹2.1t | 16.5x | 16.2x | 1.4x |
| Sun, 23 Oct 2022 | ₹32.4t | ₹22.8t | ₹2.3t | 16.6x | 14x | 1.4x |
| Tue, 20 Sep 2022 | ₹33.9t | ₹22.6t | ₹2.4t | 17.3x | 14.1x | 1.5x |
| Thu, 18 Aug 2022 | ₹33.2t | ₹22.6t | ₹2.4t | 15.9x | 13.8x | 1.5x |
| Sat, 16 Jul 2022 | ₹29.2t | ₹21.1t | ₹2.4t | 15x | 11.9x | 1.4x |
| Mon, 13 Jun 2022 | ₹29.5t | ₹21.1t | ₹2.5t | 15.1x | 12x | 1.4x |
| Wed, 11 May 2022 | ₹31.4t | ₹19.4t | ₹2.4t | 15.7x | 13.1x | 1.6x |
| Fri, 08 Apr 2022 | ₹34.8t | ₹19.4t | ₹2.3t | 16.7x | 15x | 1.8x |
| Sun, 06 Mar 2022 | ₹31.1t | ₹19.7t | ₹2.4t | 14.8x | 13x | 1.6x |
| Tue, 01 Feb 2022 | ₹33.0t | ₹18.8t | ₹2.3t | 16.8x | 14.4x | 1.8x |
| Thu, 30 Dec 2021 | ₹33.1t | ₹18.3t | ₹2.3t | 15.4x | 14.7x | 1.8x |
| Sat, 27 Nov 2021 | ₹32.2t | ₹18.3t | ₹2.3t | 14.8x | 14.2x | 1.8x |
Price to Earnings Ratio
14.2x
Current Industry PE
- Investors are optimistic on the Indian Materials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 33.9x which is higher than its 3-year average PE of 23.2x.
- The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
- The earnings for companies in the Materials industry have declined 15% per year over the last three years.
- Meanwhile revenues for these companies have grown 9.5% 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 Indian Materials sector?
| IN Market | -1.80% | |
| Materials | -2.02% | |
| Basic Materials | -1.31% | |
| Metals and Mining | -2.08% | |
| Chemicals | -2.14% | |
| Packaging | -3.84% | |
| Paper and Forestry Products | -4.61% | |
Industry PE
- Investors are most optimistic about the Chemicals industry which is trading above its 3-year average PE ratio of 34.5x.
- Analysts are expecting annual earnings growth of 22.8%, which is higher than its past year's earnings growth of 7.1% per year.
- Investors are most pessimistic about the Metals and Mining industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 15.7x.
Forecasted Growth
- Analysts are most optimistic on the Paper and Forestry Products industry, expecting annual earnings growth of 40% over the next 5 years.
- This is better than its past earnings decline of 17% per year.
- In contrast, the Basic Materials industry is expected to see its earnings grow by 17% 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 | |
|---|---|---|---|---|---|
| NATIONALUM National Aluminium | ₹240.31 | 9.4% +₹37.9b | 162.9% | PE14.2x | |
| VEDL Vedanta | ₹443.55 | 2.0% +₹34.3b | 87.7% | PE15.3x | |
| 500440 Hindalco Industries | ₹640.55 | 2.2% +₹30.5b | 28.1% | PE11.4x | |
| 500228 JSW Steel | ₹947.70 | 1.2% +₹28.3b | 23.4% | PE46.2x | |
| SOLARINDS Solar Industries India | ₹9.98k | 3.0% +₹26.7b | 50.1% | PE89.4x |
