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South African (JSE) Materials Sector Analysis

UpdatedJul 22, 2025
DataAggregated Company Financials
Companies31
  • 7D6.1%
  • 3M15.1%
  • 1Y35.7%
  • YTD55.9%

Over the last 7 days, the Materials industry has risen 6.1%, driven by gains in Gold Fields and Valterra Platinum of 5.2% and 7.7%, respectively. In the same time, ArcelorMittal South Africa was down 10%. In the last 12 months, the industry was up 36%. Earnings are forecast to grow by 41% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 22 Jul 2025R1.4tR1.1t-R12,174,621,927.217.5x-116.1x1.3x
Thu, 19 Jun 2025R1.3tR1.1t-R11,542,109,296.067.7x-113.6x1.2x
Sat, 17 May 2025R1.1tR1.1t-R11,226,641,238.487.2x-99.5x1x
Mon, 14 Apr 2025R1.3tR1.1t-R6,800,080,408.887.6x-186.5x1.1x
Wed, 12 Mar 2025R1.1tR1.1t-R8,367,319,834.838.3x-137.1x1x
Fri, 07 Feb 2025R1.1tR1.1t-R48,647,574,033.258.5x-22.5x1x
Sun, 05 Jan 2025R938.6bR1.1t-R52,066,926,426.399.4x-18x0.8x
Tue, 03 Dec 2024R977.4bR1.1t-R55,801,947,019.4910x-17.5x0.9x
Thu, 31 Oct 2024R1.1tR1.1t-R58,645,760,499.949.7x-19.1x1x
Sat, 28 Sep 2024R1.1tR1.1t-R60,533,748,958.0510.8x-17.4x0.9x
Mon, 26 Aug 2024R1.1tR1.1t-R38,022,608,239.769.1x-27.9x0.9x
Wed, 24 Jul 2024R1.1tR1.2tR15.5b8.9x71.3x0.9x
Fri, 21 Jun 2024R1.0tR1.1tR53.1b9x19x1x
Sun, 19 May 2024R1.2tR1.2tR15.7b8.6x76.6x1x
Tue, 16 Apr 2024R1.2tR1.2tR17.0b8.5x73.3x1x
Thu, 14 Mar 2024R1.1tR1.2tR16.1b8.4x67.7x0.9x
Sat, 10 Feb 2024R1.0tR1.2tR102.7b8.8x10x0.8x
Mon, 08 Jan 2024R1.2tR1.2tR106.2b9.7x11.1x0.9x
Wed, 06 Dec 2023R1.1tR1.2tR108.3b9.3x10.5x0.9x
Fri, 03 Nov 2023R1.1tR1.3tR108.6b8.4x9.9x0.9x
Sun, 01 Oct 2023R1.2tR1.3tR109.9b8.8x11.3x0.9x
Tue, 29 Aug 2023R1.3tR1.4tR142.6b6.8x8.9x0.9x
Thu, 27 Jul 2023R1.4tR1.4tR193.1b5x7.4x1x
Sat, 24 Jun 2023R1.4tR1.4tR217.2b4.7x6.5x1x
Mon, 22 May 2023R1.6tR1.4tR233.4b5.1x6.9x1.1x
Wed, 19 Apr 2023R1.7tR1.4tR221.9b5.6x7.5x1.2x
Fri, 17 Mar 2023R1.4tR1.4tR220.4b5.5x6.2x1x
Sun, 12 Feb 2023R1.6tR1.4tR246.5b6x6.4x1.1x
Tue, 10 Jan 2023R1.8tR1.4tR247.8b6.7x7.1x1.3x
Thu, 08 Dec 2022R1.7tR1.4tR248.1b6.6x6.8x1.2x
Sat, 05 Nov 2022R1.6tR1.4tR250.9b6.2x6.3x1.1x
Mon, 03 Oct 2022R1.4tR1.4tR251.1b5.8x5.6x1x
Wed, 31 Aug 2022R1.4tR1.4tR251.5b6x5.6x1x
Fri, 29 Jul 2022R1.5tR1.4tR248.1b5.8x6x1.1x
Price to Earnings Ratio

6x


Total Market Cap: R1.5tTotal Earnings: R248.1bTotal Revenue: R1.4tTotal Market Cap vs Earnings and Revenue0%0%0%
South African Materials Sector Price to Earnings3Y Average -5.7x202320242025
Current Industry PE
  • Investors are optimistic on the South African Materials industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 1.00x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • Total earnings for the Materials industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 6.1% per year, which is driving profits down.

Industry Trends

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

ZA Market3.10%
Materials6.07%
Metals and Mining6.49%
Basic Materials3.73%
Chemicals2.42%
Paper and Forestry Products0.12%
Packaging-2.08%
Industry PE
  • Investors are most optimistic about the Metals and Mining industry which is trading above its 3-year average PE ratio of 33.2x.
    • Analysts are expecting annual earnings growth of 39.4%, which is higher than its past year's earnings decline of 24.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Chemicals industry, expecting annual earnings growth of 68% over the next 5 years.
  • This is better than its past earnings decline of 3.3% per year.
  • In contrast, the Packaging industry is expected to see its earnings grow by 15% 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
GFI Gold FieldsR454.805.2%
+R20.2b		53.1%PE18.6x
VAL Valterra PlatinumR930.017.7%
+R17.5b		47.7%PE34.6x
IMP Impala Platinum HoldingsR188.758.6%
+R13.4b		113.9%PS2x
SSW Sibanye StillwaterR42.4510.3%
+R11.2b		115.7%PS1.1x
NPH Northam Platinum HoldingsR220.609.0%
+R7.1b		73.3%PE57.1x

Latest News

SSW
R42.45
Sibanye Stillwater
7D
10.3%
1Y
115.7%
IMP
R188.75
Impala Platinum Holdings
7D
8.6%
1Y
113.9%

Revenues Not Telling The Story For Impala Platinum Holdings Limited (JSE:IMP) After Shares Rise 26%

Jul 20
Revenues Not Telling The Story For Impala Platinum Holdings Limited (JSE:IMP) After Shares Rise 26%
VAL
R930.01
Valterra Platinum
7D
7.7%
1Y
47.7%
MPT
R23.50
Mpact
7D
-3.7%
1Y
-18.1%
ACL
R0.94
ArcelorMittal South Africa
7D
-10.5%
1Y
-31.9%
NPH
R220.60
Northam Platinum Holdings
7D
9.0%
1Y
73.3%
GML
R1.32
Gemfields Group
7D
-2.2%
1Y
-51.1%

Gemfields Group Limited (JSE:GML) Shares Fly 30% But Investors Aren't Buying For Growth

Jul 12
Gemfields Group Limited (JSE:GML) Shares Fly 30% But Investors Aren't Buying For Growth
CPR
R1.41
Copper 360
7D
-4.1%
1Y
-67.2%
KIO
R308.84
Kumba Iron Ore
7D
3.0%
1Y
-23.6%

Kumba Iron Ore Limited's (JSE:KIO) Business Is Yet to Catch Up With Its Share Price

Jul 08
Kumba Iron Ore Limited's (JSE:KIO) Business Is Yet to Catch Up With Its Share Price
ARI
R196.46
African Rainbow Minerals
7D
8.9%
1Y
-9.9%
HAR
R267.60
Harmony Gold Mining
7D
3.8%
1Y
60.7%
TPC
R34.00
Transpaco
7D
-9.3%
1Y
0%

There's Been No Shortage Of Growth Recently For Transpaco's (JSE:TPC) Returns On Capital

Jun 18
There's Been No Shortage Of Growth Recently For Transpaco's (JSE:TPC) Returns On Capital
GFI
R454.80
Gold Fields
7D
5.2%
1Y
53.1%
OMN
R79.61
Omnia Holdings
7D
-0.8%
1Y
19.0%
MRF
R1.33
Merafe Resources
7D
-0.7%
1Y
-7.0%
YRK
R2.00
York Timber Holdings
7D
-1.5%
1Y
-11.1%