National Aluminium Company Limited's (NSE:NATIONALUM) Intrinsic Value Is Potentially 24% Below Its Share Price
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Indian (NIFTY) Metals and Mining Industry Analysis
UpdatedMar 25, 2025
DataAggregated Company Financials
Companies203
- 7D5.8%
- 3M0.6%
- 1Y21.5%
- YTD2.6%
The Metals and Mining industry is up 5.8% in the last week, with JSW Steel up 4.3%. During this same period, the Jindal Stainless underperformed, falling 9.2%. In the last 12 months, the industry was up 22%. Looking forward, earnings are forecast to grow by 35% annually.
Industry Valuation and Performance
Has the Indian Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 25 Mar 2025 | ₹17.8t | ₹12.8t | ₹775.7b | 21.4x | 22.9x | 1.4x |
| Thu, 20 Feb 2025 | ₹15.9t | ₹12.8t | ₹775.9b | 19.9x | 20.5x | 1.2x |
| Sat, 18 Jan 2025 | ₹17.3t | ₹12.6t | ₹755.6b | 24.6x | 22.8x | 1.4x |
| Mon, 16 Dec 2024 | ₹18.8t | ₹12.6t | ₹755.4b | 26.7x | 24.9x | 1.5x |
| Wed, 13 Nov 2024 | ₹17.8t | ₹12.6t | ₹756.9b | 25.7x | 23.5x | 1.4x |
| Fri, 11 Oct 2024 | ₹19.1t | ₹12.7t | ₹639.8b | 26.9x | 29.8x | 1.5x |
| Sun, 08 Sep 2024 | ₹18.0t | ₹12.7t | ₹641.2b | 26.3x | 28.1x | 1.4x |
| Tue, 06 Aug 2024 | ₹17.7t | ₹12.6t | ₹618.2b | 24.7x | 28.6x | 1.4x |
| Thu, 04 Jul 2024 | ₹19.4t | ₹12.6t | ₹623.7b | 25.1x | 31.1x | 1.5x |
| Sat, 01 Jun 2024 | ₹18.5t | ₹12.6t | ₹636.0b | 24.1x | 29.2x | 1.5x |
| Mon, 29 Apr 2024 | ₹17.2t | ₹12.6t | ₹664.5b | 25.2x | 25.8x | 1.4x |
| Wed, 27 Mar 2024 | ₹14.5t | ₹12.7t | ₹672.0b | 21.8x | 21.5x | 1.1x |
| Fri, 23 Feb 2024 | ₹14.8t | ₹12.7t | ₹671.9b | 23.7x | 22x | 1.2x |
| Sun, 21 Jan 2024 | ₹14.5t | ₹12.9t | ₹603.3b | 24.4x | 24.1x | 1.1x |
| Tue, 19 Dec 2023 | ₹14.2t | ₹12.9t | ₹596.9b | 22.5x | 23.8x | 1.1x |
| Thu, 16 Nov 2023 | ₹12.9t | ₹12.9t | ₹596.7b | 20.4x | 21.6x | 1x |
| Sat, 14 Oct 2023 | ₹12.8t | ₹12.8t | ₹627.8b | 20.2x | 20.3x | 1x |
| Mon, 11 Sep 2023 | ₹12.9t | ₹12.8t | ₹628.2b | 19.1x | 20.5x | 1x |
| Wed, 09 Aug 2023 | ₹12.0t | ₹12.8t | ₹647.1b | 16.8x | 18.6x | 0.9x |
| Fri, 07 Jul 2023 | ₹11.5t | ₹12.8t | ₹727.7b | 15.4x | 15.8x | 0.9x |
| Sun, 04 Jun 2023 | ₹10.6t | ₹12.8t | ₹731.9b | 15.1x | 14.5x | 0.8x |
| Tue, 02 May 2023 | ₹10.6t | ₹12.7t | ₹929.4b | 14.7x | 11.4x | 0.8x |
| Thu, 30 Mar 2023 | ₹10.1t | ₹12.8t | ₹915.5b | 13.3x | 11x | 0.8x |
| Sat, 25 Feb 2023 | ₹10.3t | ₹12.8t | ₹915.9b | 13.5x | 11.3x | 0.8x |
| Mon, 23 Jan 2023 | ₹11.2t | ₹12.7t | ₹1.1t | 15x | 9.9x | 0.9x |
| Wed, 21 Dec 2022 | ₹10.5t | ₹12.7t | ₹1.2t | 14.1x | 8.9x | 0.8x |
| Fri, 18 Nov 2022 | ₹10.0t | ₹12.6t | ₹1.2t | 12.8x | 8.5x | 0.8x |
| Sun, 16 Oct 2022 | ₹9.3t | ₹12.4t | ₹1.5t | 13.2x | 6.2x | 0.8x |
| Tue, 13 Sep 2022 | ₹9.6t | ₹12.4t | ₹1.5t | 13.9x | 6.4x | 0.8x |
| Thu, 11 Aug 2022 | ₹9.2t | ₹12.1t | ₹1.5t | 12.3x | 6.1x | 0.8x |
| Sat, 09 Jul 2022 | ₹8.1t | ₹11.6t | ₹1.6t | 12.3x | 5.1x | 0.7x |
| Mon, 06 Jun 2022 | ₹9.1t | ₹11.6t | ₹1.6t | 12.4x | 5.7x | 0.8x |
| Wed, 04 May 2022 | ₹11.0t | ₹10.7t | ₹1.5t | 14.2x | 7.2x | 1x |
| Fri, 01 Apr 2022 | ₹11.1t | ₹10.6t | ₹1.5t | 12.9x | 7.3x | 1x |
Price to Earnings Ratio
7.3x
Current Industry PE
- Investors are optimistic on the Indian Metals and Mining industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 22.9x which is higher than its 3-year average PE of 17.5x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have declined 20% per year over the last three years.
- Meanwhile revenues for these companies have grown 6.4% 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 industry?
| IN Market | 6.59% | |
| Materials | 5.54% | |
| Metals and Mining | 5.77% | |
| Copper | 10.26% | |
| Steel | 6.36% | |
| Diversified Metals and Mining | 5.32% | |
| Aluminum | 2.81% | |
| Gold | 2.07% | |
Industry PE
- Investors are most optimistic about the Copper industry, which is trading close to its 3-year average PE ratio of 57.3x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Steel industry, expecting annual earnings growth of 47% over the next 5 years.
- This is better than its past earnings growth rate of 5.9% per year.
- In contrast, the Aluminum industry is expected to see its earnings grow by 2.1% 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 | |
|---|---|---|---|---|---|
| 500228 JSW Steel | ₹1.06k | 4.3% +₹105.6b | 29.3% | PE78.4x | |
| 512455 Lloyds Metals and Energy | ₹1.28k | 6.8% +₹42.6b | 125.4% | PE43.8x | |
| 500188 Hindustan Zinc | ₹444.30 | 1.8% +₹32.5b | 50.7% | PE20x | |
| 539006 PTC Industries | ₹14.50k | 15.7% +₹29.4b | 93.6% | PE424.6x | |
| 500470 Tata Steel | ₹156.70 | 1.3% +₹25.6b | 2.9% | PE71.6x |
