Singaporean (SGX) Metals and Mining Industry Analysis
UpdatedJul 25, 2024
DataAggregated Company Financials
Companies8
- 7D-1.4%
- 3M-0.7%
- 1Y-26.8%
- YTD-19.7%
Over the last 7 days, the Metals and Mining industry has dropped 1.4%, driven by Straits Trading declining 2.8%. Overall the industry is down 27% in 12 months. As for the next few years, earnings are expected to grow by 10% per annum.
Industry Valuation and Performance
Has the Singaporean Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Jul 2024 | S$1.2b | S$833.9m | -S$13,495,606.03 | 13.9x | -89.2x | 1.4x |
| Sat, 22 Jun 2024 | S$1.2b | S$834.7m | -S$13,338,443.88 | 12.8x | -93.2x | 1.5x |
| Mon, 20 May 2024 | S$1.2b | S$834.9m | -S$14,157,859.97 | 13.7x | -85.6x | 1.5x |
| Wed, 17 Apr 2024 | S$1.2b | S$835.2m | -S$14,588,787.22 | 14x | -85.4x | 1.5x |
| Fri, 15 Mar 2024 | S$1.3b | S$820.4m | -S$16,711,889.31 | 13.6x | -79x | 1.6x |
| Sun, 11 Feb 2024 | S$1.4b | S$783.6m | -S$106,667,943.37 | 22.8x | -13x | 1.8x |
| Tue, 09 Jan 2024 | S$1.7b | S$918.6m | -S$96,578,843.00 | 13.5x | -17.2x | 1.8x |
| Thu, 07 Dec 2023 | S$1.7b | S$919.7m | -S$96,521,794.00 | 13.5x | -17.7x | 1.9x |
| Sat, 04 Nov 2023 | S$1.7b | S$920.2m | -S$97,933,954.00 | 13.5x | -17.5x | 1.9x |
| Mon, 02 Oct 2023 | S$1.8b | S$920.9m | -S$98,151,507.00 | 13.5x | -18x | 1.9x |
| Wed, 30 Aug 2023 | S$1.8b | S$922.0m | -S$99,125,030.00 | 13.5x | -18x | 1.9x |
| Fri, 28 Jul 2023 | S$1.8b | S$1.6b | S$558.8m | 11.3x | 3.3x | 1.1x |
| Sun, 25 Jun 2023 | S$1.9b | S$1.6b | S$556.0m | 12.5x | 3.4x | 1.2x |
| Tue, 23 May 2023 | S$1.9b | S$1.6b | S$552.7m | 12.2x | 3.5x | 1.2x |
| Thu, 20 Apr 2023 | S$2.0b | S$1.6b | S$552.5m | 12.5x | 3.6x | 1.2x |
| Sat, 18 Mar 2023 | S$2.0b | S$1.6b | S$553.0m | 13.4x | 3.6x | 1.2x |
| Mon, 13 Feb 2023 | S$2.0b | S$1.0b | S$812.0m | 16x | 2.4x | 2x |
| Wed, 11 Jan 2023 | S$2.0b | S$1.0b | S$811.8m | 17.6x | 2.4x | 2x |
| Fri, 09 Dec 2022 | S$2.0b | S$1.0b | S$812.2m | 19.2x | 2.4x | 1.9x |
| Sun, 06 Nov 2022 | S$1.8b | S$1.0b | S$822.4m | 13x | 2.2x | 1.8x |
| Tue, 04 Oct 2022 | S$2.0b | S$1.0b | S$821.2m | 12.7x | 2.4x | 2x |
| Thu, 01 Sep 2022 | S$2.4b | S$1.1b | S$851.6m | 11.2x | 2.8x | 2.3x |
| Sat, 30 Jul 2022 | S$2.3b | S$972.2m | S$289.2m | 11.8x | 8x | 2.4x |
| Mon, 27 Jun 2022 | S$2.3b | S$978.0m | S$293.9m | 12.8x | 7.7x | 2.3x |
| Wed, 25 May 2022 | S$2.5b | S$980.1m | S$295.7m | 13x | 8.4x | 2.5x |
| Fri, 22 Apr 2022 | S$2.6b | S$997.4m | S$302.9m | 12.9x | 8.7x | 2.6x |
| Sun, 20 Mar 2022 | S$2.6b | S$1.0b | S$312.3m | 12.1x | 8.3x | 2.5x |
| Tue, 15 Feb 2022 | S$2.6b | S$875.1m | S$231.8m | 8.2x | 11.1x | 2.9x |
| Thu, 13 Jan 2022 | S$2.6b | S$878.7m | S$232.4m | 7.9x | 11x | 2.9x |
| Sat, 11 Dec 2021 | S$2.6b | S$880.4m | S$232.8m | 7.9x | 11x | 2.9x |
| Mon, 08 Nov 2021 | S$2.7b | S$878.2m | S$245.6m | 8.1x | 11x | 3.1x |
| Wed, 06 Oct 2021 | S$2.5b | S$883.1m | S$249.0m | 8.2x | 10x | 2.8x |
| Fri, 03 Sep 2021 | S$3.0b | S$865.8m | S$184.6m | 11.5x | 16.2x | 3.5x |
| Sun, 01 Aug 2021 | S$2.9b | S$865.8m | S$184.6m | 11.7x | 15.7x | 3.4x |
Price to Earnings Ratio
15.7x
Current Industry PE
- Investors are pessimistic on the Singaporean Metals and Mining industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 2.1x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- Total earnings for the Metals and Mining industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Singaporean Materials industry?
| SG Market | -0.68% | |
| Materials | -0.85% | |
| Metals and Mining | -1.42% | |
| Gold | 8.64% | |
| Copper | 0% | |
| Aluminum | 0% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
| Diversified Metals and Mining | -2.01% | |
| Steel | -3.77% | |
Industry PE
- Investors are most optimistic about the Gold industry which is trading above its 3-year average PE ratio of 3.9x.
- 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 Steel industry, expecting annual earnings growth of 10% over the next 5 years.
- This is better than its past earnings decline of 29% per year.
- In contrast, the Steel industry is expected to see its earnings grow by 10% 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 | |
|---|---|---|---|---|---|
| QNS Southern Alliance Mining | S$0.46 | 1.1% +S$2.4m | -34.3% | PS4.8x | |
| 5TP CNMC Goldmine Holdings | S$0.23 | 2.2% +S$2.0m | 15.0% | PE16.9x |