Filipino (PSEi) Metals and Mining Industry Analysis

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
Mon, 11 May 2026	₱403.7b	₱150.2b	₱24.1b	10.3x	16.7x	2.7x
Wed, 08 Apr 2026	₱363.4b	₱146.4b	₱22.9b	10.4x	15.9x	2.5x
Fri, 06 Mar 2026	₱404.5b	₱143.2b	₱21.3b	12.5x	19x	2.8x
Sun, 01 Feb 2026	₱412.9b	₱138.8b	₱17.4b	14.8x	23.7x	3x
Tue, 30 Dec 2025	₱332.9b	₱138.7b	₱17.4b	10.6x	19.1x	2.4x
Thu, 27 Nov 2025	₱299.9b	₱136.7b	₱16.3b	10.2x	18.4x	2.2x
Sat, 25 Oct 2025	₱299.4b	₱128.5b	₱10.4b	16.1x	28.7x	2.3x
Mon, 22 Sep 2025	₱270.1b	₱127.9b	₱10.4b	13.3x	26x	2.1x
Wed, 20 Aug 2025	₱226.2b	₱130.1b	₱12.0b	8.9x	18.9x	1.7x
Fri, 18 Jul 2025	₱204.8b	₱125.9b	₱10.3b	16.1x	19.9x	1.6x
Sun, 15 Jun 2025	₱211.5b	₱125.6b	₱10.2b	10.2x	20.7x	1.7x
Tue, 13 May 2025	₱205.0b	₱122.4b	₱9.8b	21.1x	20.9x	1.7x
Thu, 10 Apr 2025	₱194.8b	₱124.4b	₱11.1b	19.6x	17.5x	1.6x
Sat, 08 Mar 2025	₱199.1b	₱123.3b	₱10.7b	19.6x	18.6x	1.6x
Mon, 03 Feb 2025	₱181.8b	₱124.9b	₱11.5b	19.3x	15.8x	1.5x
Wed, 01 Jan 2025	₱188.7b	₱124.7b	₱11.5b	19.9x	16.5x	1.5x
Fri, 29 Nov 2024	₱176.0b	₱125.0b	₱11.5b	19.5x	15.3x	1.4x
Sun, 27 Oct 2024	₱196.3b	₱124.5b	₱13.0b	13.1x	15.1x	1.6x
Tue, 24 Sep 2024	₱190.4b	₱123.5b	₱12.9b	13.5x	14.7x	1.5x
Thu, 22 Aug 2024	₱183.7b	₱123.8b	₱12.9b	12.5x	14.2x	1.5x
Sat, 20 Jul 2024	₱194.9b	₱100.1b	₱10.8b	13.1x	18.1x	1.9x
Mon, 17 Jun 2024	₱198.4b	₱100.1b	₱10.8b	13.1x	18.4x	2x
Wed, 15 May 2024	₱198.8b	₱100.7b	₱11.4b	14.4x	17.4x	2x
Fri, 12 Apr 2024	₱155.9b	₱100.4b	₱11.5b	13.9x	13.5x	1.6x
Sun, 10 Mar 2024	₱162.7b	₱99.0b	₱12.3b	12.1x	13.2x	1.6x
Tue, 06 Feb 2024	₱172.5b	₱99.0b	₱12.3b	12.8x	14x	1.7x
Thu, 04 Jan 2024	₱186.8b	₱99.0b	₱12.3b	14x	15.2x	1.9x
Sat, 02 Dec 2023	₱184.7b	₱99.0b	₱12.3b	13.5x	15x	1.9x
Mon, 30 Oct 2023	₱184.1b	₱98.3b	₱13.4b	12.7x	13.7x	1.9x
Wed, 27 Sep 2023	₱187.8b	₱96.8b	₱14.7b	12.8x	12.8x	1.9x
Fri, 25 Aug 2023	₱181.5b	₱96.8b	₱14.7b	12x	12.3x	1.9x
Sun, 23 Jul 2023	₱203.6b	₱98.9b	₱19.1b	6.3x	10.6x	2.1x
Tue, 20 Jun 2023	₱199.7b	₱98.9b	₱19.1b	6.3x	10.4x	2x
Thu, 18 May 2023	₱201.6b	₱98.7b	₱18.9b	6.2x	10.7x	2x

Current Industry PE

Investors are relatively neutral on the Filipino Metals and Mining industry at the moment, indicating that they anticipate long term growth rates to remain steady.

The industry is trading close to its 3-year average PE ratio of 17.0x.

The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.7x.

Past Earnings Growth

The earnings for companies in the Metals and Mining industry have grown 8.5% 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	1.63%
Materials	5.35%
Metals and Mining	5.92%
Copper	12.57%
Gold	6.02%
Diversified Metals and Mining	5.31%
Steel	-0.79%

Industry PE

Investors are most optimistic about the Diversified Metals and Mining industry even though it's trading below its 3-year average PE ratio of 19.4x.

Analysts are expecting annual earnings growth of 17.2%, which is lower than the prior year's growth of 295.6% per year.

Forecasted Growth

Analysts are most optimistic on the Gold industry, expecting annual earnings growth of 30% over the next 5 years.

In contrast, the Diversified Metals and Mining industry is expected to see its earnings grow by 17% 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
OGP OceanaGold (Philippines)	₱37.65	12.4% +₱9.5b	135.9%	PE13.7x
APX Apex Mining	₱17.28	5.8% +₱5.3b	176.9%	PE12.8x
AT Atlas Consolidated Mining and Development	₱8.51	12.6% +₱3.4b	118.2%	PS1.8x
NIKL Nickel Asia	₱5.14	2.4% +₱1.7b	101.6%	PE11.4x
LCB Lepanto Consolidated Mining	₱0.20	11.0% +₱1.3b	128.4%	PE9.2x

New minor risk - Earnings quality

The company has large one-off items impacting its financial results. One-off items were 54% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.7% net profit margin).

Filipino (PSEi) Metals and Mining Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

First quarter dividend of US$0.02 announced

Global Ferronickel Holdings, Inc., Annual General Meeting, Jul 29, 2026

Full year 2025 earnings released: EPS: ₱0.022 (vs ₱0.002 in FY 2024)

Manila Mining Corporation, Annual General Meeting, Jun 17, 2026

New minor risk - Earnings quality

Apex Mining Co., Inc. Appoints Jose Joel M. Sebastian as Director

Investor sentiment improves as stock rises 16%

NIKL: Future Returns Will Depend On Dividends And New Subsidiaries

Full year 2025 earnings released: ₱0.07 loss per share (vs ₱0.065 loss in FY 2024)

East Coast Vulcan Mining Corporation, Annual General Meeting, May 27, 2026

New major risk - Share price stability

Insider recently sold ₱42m worth of stock