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South African (JSE) Industrials Sector Analysis

UpdatedDec 07, 2021
DataAggregated Company Financials
Companies36
  • 7D0.1%
  • 3M0.8%
  • 1Y169.1%
  • YTD170.7%

Over the last 7 days, the Industrials industry has remained flat. The past year has been better, since the industry has gained 169% in that time.

Sector Valuation and Performance

Has the South African Industrials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Wed, 08 Dec 2021R197.7bR427.0bR21.6b8.5x
Fri, 05 Nov 2021R201.5bR435.1bR17.5b8.1x
Sun, 03 Oct 2021R194.7bR429.8bR17.4b8.2x
Tue, 31 Aug 2021R191.5bR426.8bR16.3b7.9x
Wed, 07 Jul 2021R179.4bR426.8bR16.3b8.1x
Sat, 10 Apr 2021R162.6bR418.7bR11.2b8.4x
Fri, 01 Jan 2021R141.5bR414.7bR61.3m7.9x
Mon, 05 Oct 2020R118.3bR425.3b-R6,458,152,624.067.4x
Thu, 09 Jul 2020R146.0bR433.7b-R6,767,699,659.769.7x
Wed, 01 Apr 2020R134.5bR444.6b-R4,012,023,137.659.9x
Sat, 04 Jan 2020R225.9bR456.7bR337.0m9.3x
Tue, 08 Oct 2019R216.4bR464.8bR3.7b10x
Mon, 01 Jul 2019R231.9bR460.5bR5.4b10.4x
Thu, 04 Apr 2019R245.1bR465.2bR10.6b10.3x
Sun, 06 Jan 2019R258.9bR467.4bR16.4b10.4x
PE Ratio

10.4x

Total Market Cap: R258.9bTotal Earnings: R16.4bTotal Revenue: R467.4b0%0%0%3 Year10 Year
20202021

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 9.3x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Industrials industry have grown 9.6% per year over the last three years, while revenues for these companies have declined 3.0% per year. This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the South African Industrials sector?

Infrastructure6.64%
Industrials1.92%
Logistics0.081%
Construction0.057%
Aerospace & Defense0%
Electrical0%
Building-0.19%
Trade Distributors-1.17%
Commercial Services-3.15%
Professional Services-4.14%
Machinery-4.85%
Transportation-6.39%

Industry PE: Investors are most optimistic about the Construction industry which is trading above its 3-year average PE ratio of 23.1x. However analysts are expecting annual earnings growth of 44%, which is lower than the prior year's growth of 414% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Electrical industry, which is trading below its 3-year average of 11.3x.

Forecasted Growth: Analysts are most optimistic on the Construction industry, expecting annual earnings growth of 44% over the next 5 years. However this is lower than its past earnings growth rate of 414% per year. Meanwhile, the Trade Distributors industry is expected to see its earnings grow by 9.0% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
BVT Bidvest Group2.4%+R1.5b13.8%PE16.6x
RBX Raubex Group11.7%+R746.9m69.4%PE15.6x
PSG PSG Group2.4%+R416.7m46.3%PE2.2x
MUR Murray & Roberts Holdings5.2%+R282.2m90.1%PE75.9x
GND Grindrod6.6%+R208.2m4.4%PS0.9x
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1.2%

1Y

9.2%

PSG

R83.46

PSG Group

7D

2.4%

1Y

46.3%

RLO

R49.91

Reunert

7D

2.5%

1Y

26.2%

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R7.20

ARB Holdings

7D

10.6%

1Y

105.7%

BAW

R149.74

Barloworld

7D

-1.7%

1Y

63.0%

GND

R4.98

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7D

6.6%

1Y

4.4%