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Indian (NIFTY) Metals and Mining Industry Analysis
UpdatedNov 28, 2021
DataAggregated Company Financials
Companies171
- 7D-1.7%
- 3M-6.4%
- 1Y86.1%
- YTD61.0%
Over the last 7 days, the Metals and Mining industry has dropped 1.1%, driven by a decline by JSW Steel of 4.8%. Meanwhile, Vedanta actually outperformed within the industry, gaining 5.6% in the last week. This takes the industry's 12 month performance to a gain of 88%.
Industry Valuation and Performance
Has the Indian Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Tue, 30 Nov 2021 | ₹9.7t | ₹10.0t | ₹1.5t | 11x |
| Thu, 28 Oct 2021 | ₹10.4t | ₹9.2t | ₹1.2t | 12x |
| Sat, 25 Sep 2021 | ₹9.9t | ₹9.0t | ₹1.1t | 11.3x |
| Mon, 23 Aug 2021 | ₹9.7t | ₹9.0t | ₹1.1t | 10.5x |
| Sat, 10 Jul 2021 | ₹9.7t | ₹9.0t | ₹1.1t | 10.6x |
| Fri, 02 Apr 2021 | ₹7.2t | ₹7.7t | ₹678.7b | 10x |
| Mon, 04 Jan 2021 | ₹5.8t | ₹7.0t | ₹230.7b | 13.4x |
| Thu, 08 Oct 2020 | ₹4.5t | ₹6.7t | ₹53.2b | 12.2x |
| Wed, 01 Jul 2020 | ₹3.7t | ₹6.6t | ₹54.8b | 11.8x |
| Sat, 04 Apr 2020 | ₹2.8t | ₹7.2t | ₹175.0b | 7x |
| Tue, 07 Jan 2020 | ₹4.9t | ₹7.5t | ₹363.6b | 9.5x |
| Mon, 30 Sep 2019 | ₹4.3t | ₹7.6t | ₹439.7b | 8.9x |
| Thu, 04 Jul 2019 | ₹5.1t | ₹7.9t | ₹424.9b | 10.5x |
| Sun, 07 Apr 2019 | ₹5.4t | ₹7.9t | ₹493.9b | 10.3x |
| Wed, 09 Jan 2019 | ₹5.5t | ₹7.4t | ₹619.6b | 12x |
PE Ratio
12.3x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 10.8x. However, future earnings are expected to decline by 10% which could potentially cause the PE ratio to fall below its historical average.
Past Earnings Growth: The earnings for companies in the Metals and Mining industry have grown 33% per year over the last three years, and revenues for these companies have grown 11% 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 Metals and Mining industry?
| Diversified Metals and Mining | 4.41% | |
| Steel | -3.54% | |
| Copper | -4.04% | |
| Gold | -4.08% | |
| Aluminum | -5.41% | |
Industry PE: Investors are most optimistic about the Copper industry even though it's trading below its 3-year average PE ratio of 41.1x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Aluminum industry, which is trading below its 3-year average of 10.8x.
Forecasted Growth: Analysts are most optimistic on the Aluminum industry, expecting annual earnings growth of 1.6% over the next 5 years. Meanwhile, the Steel industry is expected to see its earnings decline by 16% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| VEDL Vedanta | 5.6%+₹68.4b | 187.2% | PE6.9x | |
| 500188 Hindustan Zinc | 3.5%+₹46.7b | 43.5% | PE16x | |
| 532144 Welspun | 15.6%+₹6.0b | 44.6% | PE7.4x | |
| 533047 Indian Metals and Ferro Alloys | 11.5%+₹2.1b | 164.9% | PE6x | |
| 532479 ISMT | 27.2%+₹1.2b | 261.5% | PS0.3x |