Indian (NIFTY) Metals and Mining Industry Analysis
UpdatedDec 01, 2022
DataAggregated Company Financials
Companies177
- 7D1.9%
- 3M8.4%
- 1Y4.1%
- YTD-1.0%
In the last week, the Metals and Mining industry is up 1.9%, with JSW Steel up 3.2%. This means that the industry has gained 4.1% over the past year. Earnings are forecast to grow by 16% 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 |
|---|---|---|---|---|---|---|
| Thu, 01 Dec 2022 | ₹10.2t | ₹12.7t | ₹1.2t | 13.7x | 8.7x | 0.8x |
| Sat, 29 Oct 2022 | ₹9.3t | ₹12.5t | ₹1.4t | 12.8x | 6.6x | 0.7x |
| Mon, 26 Sep 2022 | ₹9.4t | ₹12.4t | ₹1.5t | 13.3x | 6.3x | 0.8x |
| Wed, 24 Aug 2022 | ₹9.2t | ₹12.3t | ₹1.5t | 12.5x | 6.2x | 0.7x |
| Fri, 22 Jul 2022 | ₹8.5t | ₹11.6t | ₹1.6t | 12.8x | 5.4x | 0.7x |
| Sun, 19 Jun 2022 | ₹8.1t | ₹11.6t | ₹1.6t | 11.7x | 5.1x | 0.7x |
| Tue, 17 May 2022 | ₹9.1t | ₹11.1t | ₹1.6t | 12.4x | 5.8x | 0.8x |
| Thu, 14 Apr 2022 | ₹11.6t | ₹10.7t | ₹1.5t | 13.8x | 7.6x | 1.1x |
| Sat, 12 Mar 2022 | ₹10.8t | ₹10.9t | ₹1.6t | 12.6x | 6.8x | 1x |
| Mon, 07 Feb 2022 | ₹10.5t | ₹10.6t | ₹1.6t | 13.7x | 6.7x | 1x |
| Wed, 05 Jan 2022 | ₹10.2t | ₹10.0t | ₹1.5t | 13.6x | 6.9x | 1x |
| Fri, 03 Dec 2021 | ₹9.8t | ₹10.0t | ₹1.5t | 11.1x | 6.6x | 1x |
| Sun, 31 Oct 2021 | ₹10.1t | ₹9.3t | ₹1.2t | 12x | 8.3x | 1.1x |
| Tue, 28 Sep 2021 | ₹9.9t | ₹9.0t | ₹1.1t | 11.2x | 8.6x | 1.1x |
| Thu, 26 Aug 2021 | ₹9.9t | ₹9.0t | ₹1.1t | 10.8x | 8.6x | 1.1x |
| Fri, 02 Jul 2021 | ₹9.7t | ₹9.0t | ₹1.1t | 10.6x | 8.5x | 1.1x |
| Mon, 05 Apr 2021 | ₹7.2t | ₹7.7t | ₹678.7b | 10x | 10.6x | 0.9x |
| Thu, 07 Jan 2021 | ₹5.8t | ₹7.0t | ₹230.7b | 13.4x | 25.3x | 0.8x |
| Wed, 30 Sep 2020 | ₹4.5t | ₹6.7t | ₹53.2b | 12.2x | 85.3x | 0.7x |
| Sat, 04 Jul 2020 | ₹3.7t | ₹6.6t | ₹54.8b | 11.8x | 68.4x | 0.6x |
| Tue, 07 Apr 2020 | ₹2.8t | ₹7.2t | ₹175.0b | 7x | 16.1x | 0.4x |
| Fri, 10 Jan 2020 | ₹4.9t | ₹7.5t | ₹363.6b | 9.5x | 13.4x | 0.7x |
Price to Earnings Ratio
10.4x
Current Industry PE
- Investors are pessimistic on the Indian Metals and Mining 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 8.7x which is lower than its 3-year average PE of 23.8x.
- The industry is trading close to its 3-year average PS ratio of 0.83x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have grown 39% per year over the last three years.
- Revenues for these companies have grown 18% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Materials industry?
| IN Market | 2.49% | |
| Materials | 2.10% | |
| Metals and Mining | 1.90% | |
| Gold | 25.62% | |
| Aluminum | 3.84% | |
| Copper | 3.72% | |
| Steel | 2.05% | |
| Diversified Metals and Mining | 0.53% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
Industry PE
- Investors are most optimistic about the Copper industry which is trading above its 3-year average PE ratio of 1.7x.
- 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 22% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Aluminum industry is expected to see its earnings decline by 5.0% 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 | ₹743.60 | 3.2% +₹56.2b | 16.7% | PE23.5x | |
| 500440 Hindalco Industries | ₹450.90 | 4.1% +₹38.9b | 6.2% | PE7.2x | |
| 500188 Hindustan Zinc | ₹307.15 | 2.1% +₹26.2b | -7.6% | PE11.4x | |
| 500470 Tata Steel | ₹107.70 | 2.0% +₹25.7b | -0.5% | PE4.6x | |
| KIOCL KIOCL | ₹219.80 | 14.2% +₹16.7b | -3.3% | PS6.6x |