Narrative Update • Jun 05
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- 7D2.5%
- 3M1.1%
- 1Y57.1%
- YTD2.9%
In the last week, the Metals and Mining industry is up 2.5%, with Apex Mining up 5.9%. This means that the industry has gained 57% over the past year. Earnings are forecast to grow by 21% 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 |
|---|---|---|---|---|---|---|
| Sun, 21 Jun 2026 | ₱348.8b | ₱150.3b | ₱27.4b | 9.8x | 12.8x | 2.3x |
| Tue, 19 May 2026 | ₱389.3b | ₱152.2b | ₱26.7b | 10.2x | 14.6x | 2.6x |
| Thu, 16 Apr 2026 | ₱395.4b | ₱145.7b | ₱22.9b | 11x | 17.3x | 2.7x |
| Sat, 14 Mar 2026 | ₱392.6b | ₱143.7b | ₱21.4b | 12.1x | 18.3x | 2.7x |
| Mon, 09 Feb 2026 | ₱373.9b | ₱138.6b | ₱17.4b | 13.5x | 21.5x | 2.7x |
| Wed, 07 Jan 2026 | ₱358.1b | ₱138.9b | ₱17.4b | 11.7x | 20.6x | 2.6x |
| Fri, 05 Dec 2025 | ₱314.5b | ₱136.8b | ₱16.3b | 11x | 19.3x | 2.3x |
| Sun, 02 Nov 2025 | ₱291.7b | ₱128.5b | ₱10.4b | 14.3x | 27.9x | 2.3x |
| Tue, 30 Sep 2025 | ₱289.7b | ₱128.3b | ₱10.4b | 14x | 27.8x | 2.3x |
| Thu, 28 Aug 2025 | ₱231.4b | ₱128.0b | ₱10.4b | 11x | 22.3x | 1.8x |
| Sat, 26 Jul 2025 | ₱208.2b | ₱125.9b | ₱10.3b | 16.1x | 20.3x | 1.7x |
| Mon, 23 Jun 2025 | ₱222.4b | ₱125.9b | ₱10.3b | 18.7x | 21.7x | 1.8x |
| Wed, 21 May 2025 | ₱197.3b | ₱124.6b | ₱10.0b | 10.4x | 19.8x | 1.6x |
| Fri, 18 Apr 2025 | ₱210.6b | ₱122.1b | ₱9.9b | 21.4x | 21.3x | 1.7x |
| Sun, 16 Mar 2025 | ₱197.8b | ₱123.3b | ₱10.7b | 20.4x | 18.4x | 1.6x |
| Tue, 11 Feb 2025 | ₱191.3b | ₱124.8b | ₱11.5b | 19.3x | 16.7x | 1.5x |
| Thu, 09 Jan 2025 | ₱189.8b | ₱124.9b | ₱11.5b | 20x | 16.5x | 1.5x |
| Sat, 07 Dec 2024 | ₱178.3b | ₱124.7b | ₱11.5b | 19.2x | 15.5x | 1.4x |
| Mon, 04 Nov 2024 | ₱197.0b | ₱124.5b | ₱13.0b | 13.5x | 15.2x | 1.6x |
| Wed, 02 Oct 2024 | ₱194.4b | ₱123.7b | ₱12.9b | 13.6x | 15x | 1.6x |
| Fri, 30 Aug 2024 | ₱185.9b | ₱123.7b | ₱12.9b | 13.1x | 14.4x | 1.5x |
| Sun, 28 Jul 2024 | ₱188.0b | ₱122.0b | ₱11.6b | 13.9x | 16.2x | 1.5x |
| Tue, 25 Jun 2024 | ₱195.7b | ₱100.1b | ₱10.8b | 12.6x | 18.2x | 2x |
| Thu, 23 May 2024 | ₱211.6b | ₱100.2b | ₱10.8b | 13.7x | 19.6x | 2.1x |
| Sat, 20 Apr 2024 | ₱155.0b | ₱100.4b | ₱11.9b | 11.3x | 13x | 1.5x |
| Mon, 18 Mar 2024 | ₱158.4b | ₱99.0b | ₱12.3b | 12.1x | 12.8x | 1.6x |
| Wed, 14 Feb 2024 | ₱169.5b | ₱99.0b | ₱12.3b | 12.7x | 13.8x | 1.7x |
| Fri, 12 Jan 2024 | ₱179.9b | ₱99.0b | ₱12.3b | 13.5x | 14.6x | 1.8x |
| Sun, 10 Dec 2023 | ₱185.8b | ₱99.0b | ₱12.3b | 13.6x | 15.1x | 1.9x |
| Tue, 07 Nov 2023 | ₱188.6b | ₱98.2b | ₱13.4b | 13x | 14x | 1.9x |
| Thu, 05 Oct 2023 | ₱194.7b | ₱96.8b | ₱14.7b | 13.7x | 13.2x | 2x |
| Sat, 02 Sep 2023 | ₱184.0b | ₱96.8b | ₱14.7b | 12.3x | 12.5x | 1.9x |
| Mon, 31 Jul 2023 | ₱208.9b | ₱99.3b | ₱18.5b | 6.5x | 11.3x | 2.1x |
| Wed, 28 Jun 2023 | ₱200.5b | ₱98.9b | ₱19.1b | 6.3x | 10.5x | 2x |
Price to Earnings Ratio
10.5x
Current Industry PE
- Investors are pessimistic on the Filipino 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 12.8x which is lower than its 3-year average PE of 17.2x.
- The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.3x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have grown 13% per year over the last three years.
- Revenues for these companies have grown 15% 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 Filipino Materials industry?
| PH Market | 2.74% | |
| Materials | 2.24% | |
| Metals and Mining | 2.52% | |
| Gold | 5.31% | |
| Diversified Metals and Mining | 1.51% | |
| Copper | 0.68% | |
| Steel | 0.33% | |
Industry PE
- Investors are most optimistic about the Copper industry which is trading above its 3-year average PE ratio.
- 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 Gold industry, expecting annual earnings growth of 26% over the next 5 years.
- However this is lower than its past earnings growth rate of 177% per year.
- In contrast, the Diversified Metals and Mining industry is expected to see its earnings grow by 19% 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 | |
|---|---|---|---|---|---|
| APX Apex Mining | ₱15.00 | 5.9% +₱4.8b | 124.9% | PE9.4x | |
| ABG Asiabest Group International | ₱32.00 | 33.3% +₱2.4b | n/a | PB38.7x | |
| PX Philex Mining | ₱8.06 | 5.1% +₱2.3b | 15.1% | PE225.6x | |
| OGP OceanaGold (Philippines) | ₱32.10 | 2.6% +₱1.8b | 88.8% | PE11.6x | |
| AB Atok-Big Wedge | ₱1.99 | 11.8% +₱534.5m | -55.4% | PB5.2x |