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South African (JSE) Materials Sector Analysis

UpdatedSep 06, 2025
DataAggregated Company Financials
Companies30
  • 7D7.8%
  • 3M23.7%
  • 1Y72.8%
  • YTD69.7%

The Materials industry is up 7.8% in the last week, with Valterra Platinum up 17%. This means that the industry has gained 73% over the past year. Looking forward, earnings are forecast to grow by 27% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 07 Sep 2025R1.6tR1.1tR69.1b10.8x23.2x1.4x
Tue, 05 Aug 2025R1.5tR1.1t-R17,121,846,632.458x-85.3x1.3x
Thu, 03 Jul 2025R1.3tR1.1t-R12,242,404,659.407.7x-110x1.2x
Sat, 31 May 2025R1.2tR1.1t-R11,890,199,385.297.5x-102.7x1.1x
Mon, 28 Apr 2025R1.2tR1.1t-R8,750,540,053.187.2x-133.6x1x
Wed, 26 Mar 2025R1.2tR1.1t-R8,130,076,901.907.7x-142.5x1x
Fri, 21 Feb 2025R1.1tR1.1t-R59,939,446,855.148.8x-18.3x1x
Sun, 19 Jan 2025R1.0tR1.1t-R52,074,367,712.519.7x-19.6x0.9x
Tue, 17 Dec 2024R963.7bR1.1t-R52,758,130,459.919.7x-18.3x0.8x
Thu, 14 Nov 2024R991.5bR1.1t-R56,048,152,856.909.7x-17.7x0.9x
Sat, 12 Oct 2024R1.0tR1.1t-R59,877,304,927.329.8x-17.3x0.9x
Mon, 09 Sep 2024R926.9bR1.1t-R45,126,955,001.0910.7x-20.5x0.8x
Wed, 07 Aug 2024R1.1tR1.2tR12.5b9.4x84.3x0.9x
Fri, 05 Jul 2024R1.1tR1.2tR16.8b9.2x67.2x1x
Sun, 02 Jun 2024R1.1tR1.2tR15.9b8.7x69.7x0.9x
Tue, 30 Apr 2024R1.1tR1.2tR16.7b8.5x68.8x1x
Thu, 28 Mar 2024R1.1tR1.2tR15.9b8.7x67.9x0.9x
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
Price to Earnings Ratio

5.9x


Total Market Cap: R1.5tTotal Earnings: R249.0bTotal Revenue: R1.4tTotal Market Cap vs Earnings and Revenue0%0%0%
South African Materials Sector Price to Earnings3Y Average -8.7x202320242025
Current Industry PE
  • Investors are pessimistic on the South African Materials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 23.2x which is higher than its 3-year average PE of -8.7x.
  • The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have declined 35% per year over the last three years,
  • Revenues have also declined 6.5% 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 Market-0.37%
Materials7.78%
Metals and Mining8.35%
Chemicals3.53%
Paper and Forestry Products1.00%
Packaging-0.51%
Basic Materials-1.97%
Industry PE
  • Investors are most optimistic about the Metals and Mining industry even though it's trading below its 3-year average PE ratio of 34.8x.
    • Analysts are expecting annual earnings growth of 26.5%, which is higher than its past year's earnings decline of 34.4% per year.
  • Investors are most pessimistic about the Packaging industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 2.5x.
Forecasted Growth
  • Analysts are most optimistic on the Paper and Forestry Products industry, expecting annual earnings growth of 44% over the next 5 years.
  • In contrast, the Packaging industry is expected to see its earnings grow by 20% 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
VAL Valterra PlatinumR945.9017.1%
+R36.2b		59.2%PE187.7x
GFI Gold FieldsR605.814.5%
+R23.4b		153.4%PE16.4x
IMP Impala Platinum HoldingsR184.0015.4%
+R22.0b		146.2%PE216.9x
SSW Sibanye StillwaterR37.8113.4%
+R12.7b		138.4%PS1x
NPH Northam Platinum HoldingsR224.1613.6%
+R10.1b		139.7%PE55.8x

Latest News

VAL
R945.90
Valterra Platinum
7D
17.1%
1Y
59.2%
CPR
R0.67
Copper 360
7D
-9.5%
1Y
-79.4%
IMP
R184.00
Impala Platinum Holdings
7D
15.4%
1Y
146.2%
HAR
R250.58
Harmony Gold Mining
7D
6.6%
1Y
56.3%
NPH
R224.16
Northam Platinum Holdings
7D
13.6%
1Y
139.7%
SOL
R125.54
Sasol
7D
5.3%
1Y
-1.0%
SSW
R37.81
Sibanye Stillwater
7D
13.4%
1Y
138.4%
TPC
R32.50
Transpaco
7D
-4.4%
1Y
-5.0%
GFI
R605.81
Gold Fields
7D
4.5%
1Y
153.4%
OMN
R72.13
Omnia Holdings
7D
-1.8%
1Y
14.9%
MRF
R1.04
Merafe Resources
7D
-4.6%
1Y
-21.8%
KIO
R317.21
Kumba Iron Ore
7D
-1.9%
1Y
-1.1%
THA
R22.24
Tharisa
7D
3.4%
1Y
27.1%
AFE
R104.52
AECI
7D
-2.8%
1Y
0.3%
AFT
R37.67
Afrimat
7D
-4.1%
1Y
-41.1%
NPK
R464.00
Nampak
7D
-2.7%
1Y
13.7%
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