Filipino (PSEi) Metals and Mining Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies20
- 7D6.3%
- 3M-5.9%
- 1Y-25.7%
- YTD-11.9%
In the last week, the Metals and Mining industry is up 6.3%, with Nickel Asia up 4.7%. In the same time, United Paragon Mining was down 11%. However, the industry is down 26% over the past year. Earnings are forecast to grow by 18% annually.
Industry Valuation and Performance
Has the Filipino Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | ₱164.8b | ₱100.5b | ₱11.8b | 12.1x | 14x | 1.6x |
| Sun, 24 Mar 2024 | ₱156.2b | ₱99.0b | ₱12.3b | 12.3x | 12.7x | 1.6x |
| Tue, 20 Feb 2024 | ₱166.6b | ₱99.0b | ₱12.3b | 12.9x | 13.5x | 1.7x |
| Thu, 18 Jan 2024 | ₱176.1b | ₱99.0b | ₱12.3b | 12.8x | 14.3x | 1.8x |
| Sat, 16 Dec 2023 | ₱181.4b | ₱99.0b | ₱12.3b | 13.4x | 14.7x | 1.8x |
| Mon, 13 Nov 2023 | ₱181.5b | ₱96.9b | ₱12.3b | 15.6x | 14.8x | 1.9x |
| Wed, 11 Oct 2023 | ₱195.3b | ₱96.8b | ₱14.7b | 14.1x | 13.3x | 2x |
| Fri, 08 Sep 2023 | ₱186.7b | ₱96.8b | ₱14.7b | 12.1x | 12.7x | 1.9x |
| Sun, 06 Aug 2023 | ₱199.5b | ₱98.6b | ₱16.5b | 6.6x | 12.1x | 2x |
| Tue, 04 Jul 2023 | ₱201.2b | ₱98.9b | ₱19.1b | 6.4x | 10.5x | 2x |
| Thu, 01 Jun 2023 | ₱195.6b | ₱98.9b | ₱19.1b | 6.3x | 10.2x | 2x |
| Sat, 29 Apr 2023 | ₱215.1b | ₱98.4b | ₱21.0b | 8.3x | 10.3x | 2.2x |
| Mon, 27 Mar 2023 | ₱211.5b | ₱99.8b | ₱21.5b | 9.7x | 9.8x | 2.1x |
| Wed, 22 Feb 2023 | ₱223.7b | ₱97.5b | ₱22.8b | 8.2x | 9.8x | 2.3x |
| Fri, 20 Jan 2023 | ₱221.8b | ₱97.5b | ₱22.8b | 8.3x | 9.7x | 2.3x |
| Sun, 18 Dec 2022 | ₱183.5b | ₱97.5b | ₱22.8b | 7.2x | 8.1x | 1.9x |
| Tue, 15 Nov 2022 | ₱183.2b | ₱100.3b | ₱22.2b | 6.3x | 8.2x | 1.8x |
| Thu, 13 Oct 2022 | ₱180.0b | ₱101.4b | ₱23.0b | 5.3x | 7.8x | 1.8x |
| Sat, 10 Sep 2022 | ₱201.5b | ₱101.4b | ₱23.0b | 6.8x | 8.7x | 2x |
| Mon, 08 Aug 2022 | ₱201.1b | ₱100.3b | ₱22.6b | 6.9x | 8.9x | 2x |
| Wed, 06 Jul 2022 | ₱204.5b | ₱99.9b | ₱21.9b | 6.6x | 9.4x | 2x |
| Fri, 03 Jun 2022 | ₱236.9b | ₱99.4b | ₱21.4b | 7.6x | 11.1x | 2.4x |
| Sun, 01 May 2022 | ₱244.8b | ₱95.6b | ₱19.6b | 6.2x | 12.5x | 2.6x |
| Tue, 29 Mar 2022 | ₱259.6b | ₱97.1b | ₱19.8b | 6.6x | 13.1x | 2.7x |
| Thu, 24 Feb 2022 | ₱262.0b | ₱96.5b | ₱18.9b | 7x | 13.9x | 2.7x |
| Sat, 22 Jan 2022 | ₱240.0b | ₱96.5b | ₱18.9b | 6.2x | 12.7x | 2.5x |
| Mon, 20 Dec 2021 | ₱215.8b | ₱96.5b | ₱18.9b | 5.9x | 11.4x | 2.2x |
| Wed, 17 Nov 2021 | ₱215.6b | ₱95.4b | ₱18.4b | 7.7x | 11.7x | 2.3x |
| Fri, 15 Oct 2021 | ₱226.9b | ₱91.8b | ₱16.2b | 10.2x | 14x | 2.5x |
| Sun, 12 Sep 2021 | ₱244.5b | ₱92.3b | ₱16.0b | 9.8x | 15.3x | 2.6x |
| Tue, 10 Aug 2021 | ₱212.3b | ₱92.3b | ₱16.1b | 11.1x | 13.2x | 2.3x |
| Mon, 03 May 2021 | ₱233.5b | ₱82.4b | ₱11.5b | 11.2x | 20.3x | 2.8x |
Price to Earnings Ratio
20.3x
Current Industry PE
- Investors are optimistic on the Filipino Metals and Mining industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 14.0x which is higher than its 3-year average PE of 12.1x.
- The 3-year average PS ratio of 2.2x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 6.8% 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 and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Filipino Materials industry?
| PH Market | 0.33% | |
| Materials | 3.29% | |
| Metals and Mining | 6.34% | |
| Gold | 7.13% | |
| Diversified Metals and Mining | 6.50% | |
| Copper | 5.88% | |
| Steel | 2.23% | |
| Aluminum | 0% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
Industry PE
- Investors are most optimistic about the Diversified Metals and Mining industry which is trading above its 3-year average PE ratio of 11.4x.
- Analysts are expecting annual earnings growth of 18.9%, which is higher than its past year's earnings decline of 43.3% per year.
- Investors are most pessimistic about the Steel industry, which is trading below its 3-year average of 19.7x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Metals and Mining industry, expecting annual earnings growth of 19% over the next 5 years.
- This is better than its past earnings decline of 43% per year.
- In contrast, the Gold industry is expected to see its earnings grow by 13% 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 | |
|---|---|---|---|---|---|
| NIKL Nickel Asia | ₱4.03 | 4.7% +₱2.5b | -39.1% | PE15x | |
| FNI Global Ferronickel Holdings | ₱1.89 | 21.9% +₱1.7b | -22.9% | PE6.3x | |
| APX Apex Mining | ₱3.39 | 9.7% +₱1.7b | 13.4% | PE5.6x | |
| AT Atlas Consolidated Mining and Development | ₱4.48 | 11.7% +₱1.7b | 1.8% | PE14.3x | |
| PX Philex Mining | ₱3.14 | 5.7% +₱983.0m | 1.0% | PE17.8x |