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South African (JSE) Materials Sector Analysis

UpdatedFeb 24, 2024
DataAggregated Company Financials
Companies30
  • 7D-1.8%
  • 3M-8.0%
  • 1Y-18.1%
  • YTD-14.3%

Over the last 7 days, the Materials industry has dropped 1.8%, driven by a pullback from Gold Fields of 4.5%. However, the industry is down 18% over the past year. Earnings are forecast to grow by 12% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 24 Feb 2024R1.0tR1.2tR90.5b9.4x11.4x0.8x
Mon, 22 Jan 2024R1.1tR1.2tR106.5b9.5x10.4x0.9x
Wed, 20 Dec 2023R1.2tR1.2tR105.8b9.4x11.8x1x
Fri, 17 Nov 2023R1.1tR1.2tR107.1b8.3x10.5x0.9x
Sun, 15 Oct 2023R1.2tR1.3tR109.2b8.8x10.8x0.9x
Tue, 12 Sep 2023R1.2tR1.3tR111.6b8.8x10.7x0.9x
Thu, 10 Aug 2023R1.3tR1.4tR186.1b5.2x7.1x1x
Sat, 08 Jul 2023R1.3tR1.4tR215.8b4.5x6.2x0.9x
Mon, 05 Jun 2023R1.6tR1.4tR225.0b5.2x7.2x1.1x
Wed, 03 May 2023R1.6tR1.4tR234.6b5.5x6.8x1.1x
Fri, 31 Mar 2023R1.5tR1.4tR221.1b5.6x6.8x1.1x
Sun, 26 Feb 2023R1.4tR1.4tR222.2b5.7x6.4x1x
Tue, 24 Jan 2023R1.7tR1.4tR248.5b5.9x6.8x1.2x
Thu, 22 Dec 2022R1.6tR1.4tR248.1b6.5x6.6x1.2x
Sat, 19 Nov 2022R1.7tR1.4tR249.1b6.6x6.7x1.2x
Mon, 17 Oct 2022R1.4tR1.4tR251.6b5.7x5.7x1x
Wed, 14 Sep 2022R1.5tR1.4tR249.0b5.7x5.9x1.1x
Fri, 12 Aug 2022R1.6tR1.3tR235.2b6.6x6.6x1.2x
Sun, 10 Jul 2022R1.6tR1.4tR267.8b5.4x6.1x1.2x
Tue, 07 Jun 2022R1.7tR1.4tR266.4b5.7x6.6x1.3x
Thu, 05 May 2022R1.8tR1.3tR263.4b6.6x6.9x1.4x
Sat, 02 Apr 2022R2.0tR1.3tR256.9b7.6x7.9x1.5x
Mon, 28 Feb 2022R2.0tR1.3tR283.0b7.2x7.1x1.5x
Wed, 26 Jan 2022R1.8tR1.3tR283.1b7.7x6.2x1.4x
Fri, 24 Dec 2021R1.7tR1.3tR283.6b8.1x5.9x1.3x
Sun, 21 Nov 2021R1.7tR1.3tR284.7b8.6x5.9x1.3x
Tue, 19 Oct 2021R1.7tR1.3tR281.2b7.5x6x1.3x
Thu, 16 Sep 2021R1.5tR1.2tR268.5b6.8x5.4x1.2x
Sat, 14 Aug 2021R1.7tR1.2tR268.5b6.9x6.2x1.3x
Wed, 09 Jun 2021R1.8tR1.1tR173.3b9.5x10.4x1.6x
Tue, 02 Mar 2021R1.7tR1.0tR74.3b9.1x23x1.7x
Price to Earnings Ratio

23x


Total Market Cap: R1.7tTotal Earnings: R74.3bTotal Revenue: R1.0tTotal Market Cap vs Earnings and Revenue0%0%0%
South African Materials Sector Price to Earnings3Y Average 7.9x202220232024
Current Industry PE
  • Investors are optimistic on the South African Materials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 11.4x which is higher than its 3-year average PE of 7.9x.
  • The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.83x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have grown 6.8% per year over the last three years.
  • Revenues for these companies have grown 6.1% 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 South African Materials sector?

ZA Market0.078%
Materials-1.81%
Basic Materials1.18%
Paper and Forestry Products0.033%
Packaging-0.70%
Metals and Mining-1.76%
Chemicals-3.06%
Industry PE
  • Investors are most optimistic about the Basic Materials industry which is trading above its 3-year average PE ratio.
    • 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 Paper and Forestry Products industry, expecting annual earnings growth of 60% over the next 5 years.
  • In contrast, the Metals and Mining industry is expected to see its earnings grow by 7.8% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
AMS Anglo American PlatinumR738.431.5%
+R2.7b
-30.2%PE14.9x
HAR Harmony Gold MiningR108.101.0%
+R663.3m
95.7%PE13.9x
THA TharisaR14.1012.3%
+R462.2m
-37.6%PE2.7x
CPR Copper 360R3.1017.0%
+R283.4m
n/aPS37x
ACL ArcelorMittal South AfricaR1.3920.9%
+R267.5m
-66.9%PS0.04x
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Latest News

GFI

R243.00

Gold Fields

7D

-4.5%

1Y

48.3%

HAR

R108.10

Harmony Gold Mining

7D

1.0%

1Y

95.7%

THA

R14.10

Tharisa

7D

12.3%

1Y

-37.6%

KIO

R551.40

Kumba Iron Ore

7D

-1.2%

1Y

11.2%

NPH

R109.74

Northam Platinum Holdings

7D

-1.5%

1Y

-29.2%

IMP

R65.80

Impala Platinum Holdings

7D

-3.3%

1Y

-61.4%

CPR

R3.10

Copper 360

7D

17.0%

1Y

n/a

SSW

R20.05

Sibanye Stillwater

7D

-6.4%

1Y

-47.5%

AFT

R63.43

Afrimat

7D

2.3%

1Y

13.3%

ACL

R1.39

ArcelorMittal South Africa

7D

20.9%

1Y

-66.9%

OMN

R63.40

Omnia Holdings

7D

0.8%

1Y

6.1%

GML

R2.86

Gemfields Group

7D

-5.6%

1Y

-23.3%

MPT

R29.00

Mpact

7D

2.3%

1Y

-6.4%