Estimating The Intrinsic Value Of Vedanta Limited (NSE:VEDL)
Jun 14
Indian (NIFTY) Metals and Mining Industry Analysis
UpdatedJun 15, 2024
DataAggregated Company Financials
Companies191
- 7D1.1%
- 3M37.4%
- 1Y73.2%
- YTD31.2%
In the last week, the Metals and Mining industry is up 1.1%, with PTC Industries leading the way, up 35%. This means that the industry has gained 73% over the past year. As for the next few years, earnings are expected to grow by 30% per annum.
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 |
|---|---|---|---|---|---|---|
| Sat, 15 Jun 2024 | ₹19.1t | ₹12.6t | ₹621.0b | 25.4x | 30.8x | 1.5x |
| Mon, 13 May 2024 | ₹17.2t | ₹12.6t | ₹667.3b | 23.6x | 25.7x | 1.4x |
| Wed, 10 Apr 2024 | ₹16.3t | ₹12.7t | ₹671.9b | 24.3x | 24.2x | 1.3x |
| Fri, 08 Mar 2024 | ₹14.9t | ₹12.7t | ₹672.0b | 23x | 22.2x | 1.2x |
| Sun, 04 Feb 2024 | ₹15.0t | ₹12.9t | ₹664.4b | 25.3x | 22.6x | 1.2x |
| Tue, 02 Jan 2024 | ₹14.8t | ₹12.9t | ₹597.0b | 22.5x | 24.7x | 1.1x |
| Thu, 30 Nov 2023 | ₹13.2t | ₹12.9t | ₹596.3b | 21x | 22.1x | 1x |
| Sat, 28 Oct 2023 | ₹12.0t | ₹12.9t | ₹665.6b | 19.1x | 18.1x | 0.9x |
| Mon, 25 Sep 2023 | ₹12.5t | ₹12.8t | ₹628.5b | 18.5x | 19.9x | 1x |
| Wed, 23 Aug 2023 | ₹12.0t | ₹12.8t | ₹629.9b | 16.7x | 19.1x | 0.9x |
| Fri, 21 Jul 2023 | ₹11.8t | ₹12.8t | ₹727.7b | 15.8x | 16.3x | 0.9x |
| Sun, 18 Jun 2023 | ₹11.1t | ₹12.8t | ₹731.5b | 15.3x | 15.2x | 0.9x |
| Tue, 16 May 2023 | ₹10.5t | ₹12.7t | ₹786.2b | 15.1x | 13.4x | 0.8x |
| Thu, 13 Apr 2023 | ₹10.5t | ₹12.8t | ₹915.5b | 14.6x | 11.4x | 0.8x |
| Sat, 11 Mar 2023 | ₹10.3t | ₹12.8t | ₹915.5b | 13.6x | 11.3x | 0.8x |
| Mon, 06 Feb 2023 | ₹10.8t | ₹12.8t | ₹1.1t | 13.8x | 10x | 0.8x |
| Wed, 04 Jan 2023 | ₹10.9t | ₹12.7t | ₹1.2t | 14.1x | 9.3x | 0.9x |
| Fri, 02 Dec 2022 | ₹10.3t | ₹12.7t | ₹1.2t | 13.8x | 8.8x | 0.8x |
| Sun, 30 Oct 2022 | ₹9.3t | ₹12.6t | ₹1.4t | 12.8x | 6.7x | 0.7x |
| Tue, 27 Sep 2022 | ₹9.0t | ₹12.4t | ₹1.5t | 12.5x | 6x | 0.7x |
| Thu, 25 Aug 2022 | ₹9.2t | ₹12.3t | ₹1.5t | 12.5x | 6.2x | 0.7x |
| Sat, 23 Jul 2022 | ₹8.5t | ₹11.6t | ₹1.6t | 12.8x | 5.4x | 0.7x |
| Mon, 20 Jun 2022 | ₹8.1t | ₹11.6t | ₹1.6t | 11.7x | 5.1x | 0.7x |
| Wed, 18 May 2022 | ₹9.8t | ₹11.1t | ₹1.6t | 12.9x | 6.2x | 0.9x |
| Fri, 15 Apr 2022 | ₹11.6t | ₹10.6t | ₹1.5t | 13.8x | 7.6x | 1.1x |
| Sun, 13 Mar 2022 | ₹10.8t | ₹10.9t | ₹1.6t | 12.6x | 6.8x | 1x |
| Tue, 08 Feb 2022 | ₹10.6t | ₹10.6t | ₹1.6t | 14x | 6.7x | 1x |
| Thu, 06 Jan 2022 | ₹10.3t | ₹10.0t | ₹1.5t | 13.8x | 7x | 1x |
| Sat, 04 Dec 2021 | ₹9.8t | ₹10.0t | ₹1.5t | 10.9x | 6.7x | 1x |
| Mon, 01 Nov 2021 | ₹10.1t | ₹9.3t | ₹1.2t | 12x | 8.3x | 1.1x |
| Wed, 29 Sep 2021 | ₹9.9t | ₹9.0t | ₹1.1t | 11.3x | 8.6x | 1.1x |
| Fri, 27 Aug 2021 | ₹10.0t | ₹9.0t | ₹1.1t | 11x | 8.7x | 1.1x |
| Sat, 03 Jul 2021 | ₹9.7t | ₹9.0t | ₹1.1t | 10.6x | 8.5x | 1.1x |
Price to Earnings Ratio
8.5x
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 30.8x which is higher than its 3-year average PE of 12.8x.
- The 3-year average PS ratio of 0.97x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have declined 19% per year over the last three years.
- Meanwhile revenues for these companies have grown 12% 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 | 2.66% | |
| Materials | 3.56% | |
| Metals and Mining | 1.10% | |
| Steel | 2.78% | |
| Gold | 1.76% | |
| Aluminum | 1.08% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
| Copper | -1.09% | |
| Diversified Metals and Mining | -2.90% | |
Industry PE
- Investors are most optimistic about the Copper industry which is trading above its 3-year average PE ratio of 60.1x.
- 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 35% over the next 5 years.
- This is better than its past earnings growth rate of 17% per year.
- In contrast, the Aluminum industry is expected to see its earnings grow by 14% 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 | |
|---|---|---|---|---|---|
| 539006 PTC Industries | ₹14.72k | 34.8% +₹54.9b | 293.8% | PE503.4x | |
| 500470 Tata Steel | ₹183.05 | 2.3% +₹51.2b | 60.2% | PS1x | |
| 526371 NMDC | ₹267.50 | 3.5% +₹26.4b | 149.8% | PE14.1x | |
| JINDALSTEL Jindal Steel & Power | ₹1.05k | 2.5% +₹26.0b | 93.4% | PE18.1x | |
| KIOCL KIOCL | ₹461.60 | 9.0% +₹23.2b | 138.7% | PS15.1x |
