Narrative Update • Apr 24
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- 7D0.3%
- 3M3.9%
- 1Y83.0%
- YTD14.0%
Over the last 7 days, the Metals and Mining industry has remained flat, although notably OceanaGold (Philippines) gained 3.2%. The past year has been better, since the industry has gained 83% in that time. Earnings are forecast to grow by 23% 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 |
|---|---|---|---|---|---|---|
| Thu, 07 May 2026 | ₱393.3b | ₱145.0b | ₱22.2b | 11.6x | 17.7x | 2.7x |
| Sat, 04 Apr 2026 | ₱367.3b | ₱145.3b | ₱22.0b | 10.7x | 16.7x | 2.5x |
| Mon, 02 Mar 2026 | ₱430.6b | ₱144.0b | ₱21.3b | 13.5x | 20.3x | 3x |
| Wed, 28 Jan 2026 | ₱403.8b | ₱138.8b | ₱17.4b | 15x | 23.2x | 2.9x |
| Fri, 26 Dec 2025 | ₱326.8b | ₱138.7b | ₱17.4b | 10.4x | 18.8x | 2.4x |
| Sun, 23 Nov 2025 | ₱283.7b | ₱134.7b | ₱14.4b | 10x | 19.7x | 2.1x |
| Tue, 21 Oct 2025 | ₱335.1b | ₱128.3b | ₱10.4b | 17.9x | 32.1x | 2.6x |
| Thu, 18 Sep 2025 | ₱274.8b | ₱127.9b | ₱10.4b | 13.7x | 26.5x | 2.1x |
| Sat, 16 Aug 2025 | ₱220.7b | ₱130.5b | ₱12.1b | 14.6x | 18.3x | 1.7x |
| Mon, 14 Jul 2025 | ₱209.9b | ₱125.7b | ₱10.2b | 16.6x | 20.5x | 1.7x |
| Wed, 11 Jun 2025 | ₱204.3b | ₱125.5b | ₱10.2b | 10.6x | 20x | 1.6x |
| Fri, 09 May 2025 | ₱207.2b | ₱122.9b | ₱9.8b | 22.1x | 21.2x | 1.7x |
| Sun, 06 Apr 2025 | ₱206.7b | ₱124.4b | ₱11.1b | 20.3x | 18.6x | 1.7x |
| Tue, 04 Mar 2025 | ₱191.0b | ₱124.3b | ₱10.7b | 19.4x | 17.8x | 1.5x |
| Thu, 30 Jan 2025 | ₱192.6b | ₱124.9b | ₱11.5b | 19.3x | 16.8x | 1.5x |
| Sat, 28 Dec 2024 | ₱188.7b | ₱124.8b | ₱11.5b | 19.9x | 16.4x | 1.5x |
| Mon, 25 Nov 2024 | ₱178.7b | ₱125.1b | ₱11.5b | 19.3x | 15.5x | 1.4x |
| Wed, 23 Oct 2024 | ₱197.6b | ₱124.3b | ₱13.0b | 13.1x | 15.3x | 1.6x |
| Fri, 20 Sep 2024 | ₱188.9b | ₱123.5b | ₱12.9b | 13.5x | 14.6x | 1.5x |
| Sun, 18 Aug 2024 | ₱182.6b | ₱124.5b | ₱12.8b | 12.9x | 14.3x | 1.5x |
| Tue, 16 Jul 2024 | ₱194.0b | ₱100.1b | ₱10.8b | 12.8x | 18x | 1.9x |
| Thu, 13 Jun 2024 | ₱200.5b | ₱100.1b | ₱10.8b | 12.6x | 18.6x | 2x |
| Sat, 11 May 2024 | ₱170.9b | ₱100.7b | ₱11.4b | 14.1x | 14.9x | 1.7x |
| Mon, 08 Apr 2024 | ₱154.7b | ₱100.4b | ₱11.5b | 13.5x | 13.4x | 1.5x |
| Wed, 06 Mar 2024 | ₱163.9b | ₱99.0b | ₱12.3b | 12.6x | 13.3x | 1.7x |
| Fri, 02 Feb 2024 | ₱172.4b | ₱99.0b | ₱12.3b | 12.8x | 14x | 1.7x |
| Sun, 31 Dec 2023 | ₱188.8b | ₱99.0b | ₱12.3b | 14.3x | 15.3x | 1.9x |
| Tue, 28 Nov 2023 | ₱181.6b | ₱99.0b | ₱12.3b | 12.9x | 14.7x | 1.8x |
| Thu, 26 Oct 2023 | ₱186.5b | ₱98.4b | ₱13.4b | 13x | 13.9x | 1.9x |
| Sat, 23 Sep 2023 | ₱184.0b | ₱96.8b | ₱14.7b | 12.5x | 12.5x | 1.9x |
| Mon, 21 Aug 2023 | ₱183.4b | ₱97.9b | ₱15.2b | 12x | 12x | 1.9x |
| Wed, 19 Jul 2023 | ₱201.0b | ₱98.9b | ₱19.1b | 6.5x | 10.5x | 2x |
| Fri, 16 Jun 2023 | ₱200.7b | ₱98.9b | ₱19.1b | 6.2x | 10.5x | 2x |
| Sun, 14 May 2023 | ₱202.4b | ₱97.5b | ₱19.6b | 5.8x | 10.3x | 2.1x |
Price to Earnings Ratio
10.3x
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 4.2% per year over the last three years.
- Revenues for these companies have grown 14% 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 | 0.62% | |
| Materials | 0.23% | |
| Metals and Mining | 0.35% | |
| Diversified Metals and Mining | 1.01% | |
| Copper | -0.13% | |
| Gold | -0.71% | |
| Steel | -2.85% | |
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 20.5%, which is lower than the prior year's growth of 257.7% 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 21% 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) | ₱37.30 | 11.3% +₱8.7b | 135.8% | PE18.4x | |
| AT Atlas Consolidated Mining and Development | ₱8.20 | 8.5% +₱2.3b | 99.5% | PS1.8x | |
| APX Apex Mining | ₱16.68 | 2.1% +₱1.9b | 161.0% | PE12.3x | |
| LCB Lepanto Consolidated Mining | ₱0.20 | 8.8% +₱1.1b | 116.5% | PE9x | |
| NIKL Nickel Asia | ₱5.09 | 1.4% +₱975.2m | 99.6% | PE11.3x |