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South African (JSE) Materials Sector Analysis

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies31
  • 7D-0.7%
  • 3M-1.7%
  • 1Y-10.3%
  • YTD-8.6%

The Materials is pretty flat in the last 7 days, but Anglo American Platinum has stood out, gaining 15%. Unfortunately though, the industry is down 10% over the past 12 months. Earnings are forecast to grow by 38% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 27 Jul 2024R1.1tR1.2tR12.9b8.7x85x0.9x
Mon, 24 Jun 2024R1.1tR1.2tR15.3b9x69.3x0.9x
Wed, 22 May 2024R1.2tR1.2tR15.6b8.7x77.4x1x
Fri, 19 Apr 2024R1.2tR1.2tR17.1b8.2x71.2x1x
Sun, 17 Mar 2024R1.0tR1.2tR16.2b8.3x63.9x0.9x
Tue, 13 Feb 2024R1.0tR1.2tR96.6b9.4x10.7x0.8x
Thu, 11 Jan 2024R1.1tR1.2tR106.2b9.6x10.6x0.9x
Sat, 09 Dec 2023R1.1tR1.2tR107.1b9.6x10.7x0.9x
Mon, 06 Nov 2023R1.1tR1.3tR108.4b8.4x10.2x0.9x
Wed, 04 Oct 2023R1.1tR1.3tR109.4b8.6x9.7x0.8x
Fri, 01 Sep 2023R1.2tR1.4tR143.8b7.6x8.6x0.9x
Sun, 30 Jul 2023R1.4tR1.4tR189.7b5.5x7.5x1x
Tue, 27 Jun 2023R1.4tR1.4tR215.6b4.7x6.5x1x
Thu, 25 May 2023R1.6tR1.4tR233.0b5.1x6.7x1.1x
Sat, 22 Apr 2023R1.6tR1.4tR233.9b5.5x6.8x1.1x
Mon, 20 Mar 2023R1.4tR1.4tR220.4b5.6x6.4x1x
Wed, 15 Feb 2023R1.7tR1.4tR246.5b6.1x7x1.2x
Fri, 13 Jan 2023R1.8tR1.4tR247.6b6.6x7.1x1.3x
Sun, 11 Dec 2022R1.7tR1.4tR248.5b6.9x6.8x1.2x
Tue, 08 Nov 2022R1.6tR1.4tR250.3b6.1x6.3x1.1x
Thu, 06 Oct 2022R1.5tR1.4tR250.7b6.2x6x1.1x
Sat, 03 Sep 2022R1.4tR1.4tR252.2b5.5x5.5x1x
Mon, 01 Aug 2022R1.5tR1.4tR248.5b5.9x6.1x1.1x
Wed, 29 Jun 2022R1.6tR1.4tR266.2b5.3x6x1.2x
Fri, 27 May 2022R1.7tR1.4tR266.6b5.3x6.4x1.3x
Sun, 24 Apr 2022R1.8tR1.3tR263.1b6.7x7x1.4x
Tue, 22 Mar 2022R2.1tR1.3tR253.9b8.7x8.2x1.6x
Thu, 17 Feb 2022R1.9tR1.3tR284.8b7.6x6.7x1.5x
Sat, 15 Jan 2022R1.7tR1.3tR283.4b7.7x6.2x1.4x
Mon, 13 Dec 2021R1.7tR1.3tR284.2b7.9x5.9x1.3x
Wed, 10 Nov 2021R1.6tR1.3tR281.2b8.4x5.8x1.3x
Fri, 08 Oct 2021R1.5tR1.3tR281.6b7.3x5.5x1.2x
Sun, 05 Sep 2021R1.6tR1.2tR268.5b7.1x5.8x1.3x
Tue, 03 Aug 2021R1.8tR1.2tR268.5b7.4x6.8x1.5x
Price to Earnings Ratio

6.8x


Total Market Cap: R1.8tTotal Earnings: R268.5bTotal Revenue: R1.2tTotal Market Cap vs Earnings and Revenue0%0%0%
South African Materials Sector Price to Earnings3Y Average 15x202220232024
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 85.0x which is higher than its 3-year average PE of 15.0x.
  • The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.95x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have declined 64% per year over the last three years,
  • Revenues have also declined 2.3% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

ZA Market1.28%
Materials-0.73%
Paper and Forestry Products5.11%
Chemicals3.80%
Basic Materials2.46%
Packaging2.00%
Metals and Mining-1.53%
Industry PE
  • Investors are most optimistic about the Metals and Mining industry which is trading above its 3-year average PE ratio of 14.7x.
    • Analysts are expecting annual earnings growth of 36.5%, which is higher than its past year's earnings decline of 6.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Paper and Forestry Products industry, expecting annual earnings growth of 71% over the next 5 years.
  • In contrast, the Packaging industry is expected to see its earnings grow by 16% 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 PlatinumR701.3114.8%
+R23.7b		-21.6%PE15.9x
SOL SasolR141.783.9%
+R3.4b		-42.3%PE23.7x
NPH Northam Platinum HoldingsR135.856.5%
+R3.2b		-9.9%PS1.5x
SAP SappiR54.906.2%
+R1.9b		39.3%PS0.3x
PPC PPCR3.836.1%
+R335.5m		42.9%PS0.6x
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R28.52

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7D

-3.4%

1Y

7.1%

SAP

R54.90

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7D

6.2%

1Y

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R1.47

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7D

3.5%

1Y

18.5%

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R389.99

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R141.78

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3.9%

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NPH

R135.85

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7D

6.5%

1Y

-9.9%

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R4.50

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10.6%

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68.5%

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R163.35

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113.7%

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R90.66

Impala Platinum Holdings

7D

-0.6%

1Y

-30.2%

SSW

R19.47

Sibanye Stillwater

7D

-4.0%

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