SSAB's (STO:SSAB A) Returns On Capital Are Heading Higher
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Swedish (OMX) Metals and Mining Industry Analysis
UpdatedDec 01, 2021
DataAggregated Company Financials
Companies18
- 7D-3.4%
- 3M0.3%
- 1Y15.7%
- YTD12.3%
Over the last 7 days, the Metals and Mining industry has dropped 3.4%, driven by a decline by SSAB of 6.4%. This takes the industry's 12 month performance to a gain of 16%.
Industry Valuation and Performance
Has the Swedish Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Wed, 01 Dec 2021 | kr144.0b | kr172.7b | kr18.7b | 11.9x |
| Fri, 29 Oct 2021 | kr146.3b | kr172.5b | kr18.6b | 13.2x |
| Sun, 26 Sep 2021 | kr133.4b | kr157.3b | kr13.6b | 14.8x |
| Tue, 24 Aug 2021 | kr148.1b | kr157.2b | kr13.6b | 15.6x |
| Wed, 30 Jun 2021 | kr149.7b | kr158.0b | kr13.7b | 13.5x |
| Sat, 03 Apr 2021 | kr151.9b | kr142.4b | kr9.1b | 22.7x |
| Tue, 05 Jan 2021 | kr124.1b | kr136.6b | kr6.5b | 26.1x |
| Fri, 09 Oct 2020 | kr114.7b | kr132.8b | kr3.8b | 16.9x |
| Thu, 02 Jul 2020 | kr92.4b | kr134.1b | kr3.9b | 11.6x |
| Sun, 05 Apr 2020 | kr78.7b | kr139.8b | kr5.4b | 7.6x |
| Wed, 08 Jan 2020 | kr110.7b | kr140.7b | kr7.3b | 12.1x |
| Tue, 01 Oct 2019 | kr98.5b | kr142.9b | kr9.9b | 10.2x |
| Fri, 05 Jul 2019 | kr105.9b | kr144.7b | kr10.6b | 11.1x |
| Mon, 08 Apr 2019 | kr113.2b | kr144.9b | kr11.9b | 10.3x |
| Thu, 10 Jan 2019 | kr88.5b | kr140.3b | kr11.0b | 9.1x |
PE Ratio
9.6x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 14.5x. However, future earnings are expected to decline by 13% which could potentially cause the PE ratio to fall below its historical average.
Past Earnings Growth: The earnings for companies in the Metals and Mining industry have grown 18% per year over the last three years, and revenues for these companies have grown 7.0% 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 Swedish Metals and Mining industry?
| Diversified Metals and Mining | -1.65% | |
| Aluminum | -3.62% | |
| Silver | -4.89% | |
| Steel | -6.44% | |
| Gold | -6.53% | |
| Precious Metals and Minerals | -18.82% | |
Industry PE: Investors are most optimistic about the Diversified Metals and Mining industry, which is trading close to its 3-year average PE ratio of 28.6x. This is likely because analysts are expecting annual earnings decline of 4.7%, which is less than its past year's earnings decline of 7.5% per year. Meanwhile, investors are most pessimistic about the Steel industry, which is trading below its 3-year average of 16.8x.
Forecasted Growth: Analysts are most optimistic on the Silver industry, expecting annual earnings growth of 86% over the next 5 years. Meanwhile, the Steel industry is expected to see its earnings decline by 43% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| BOL Boliden | 1.7%+kr1.5b | 5.6% | PE10.2x | |
| COPP B Copperstone Resources | 3.8%+kr51.4m | 84.2% | PE316.9x | |
| DRIL Drillcon | 2.9%+kr8.9m | 14.1% | PE51.8x | |
| BOTX Botnia Exploration Holding | 0.4%+kr1.5m | 32.1% | PS214.3x | |
| ALONNR B Archelon Natural Resources | 4.2%+kr458.5k | n/a | n/a |
