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South African (JSE) Materials Sector Analysis

UpdatedDec 01, 2022
DataAggregated Company Financials
Companies32
  • 7D2.1%
  • 3M23.2%
  • 1Y-1.1%
  • YTD-0.07%

In the last week, the Materials industry is up 2.1%, with Anglo American Platinum up 4.7%. The industry has been flat over the past 12 months despite the gain this week. Looking forward, earnings are forecast to decline by 2.0% per year.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Dec 2022R1.7tR1.4tR247.7b6.1x6.9x1.2x
Sat, 29 Oct 2022R1.5tR1.4tR251.3b6x6x1.1x
Mon, 26 Sep 2022R1.3tR1.4tR250.8b5.3x5.1x0.9x
Wed, 24 Aug 2022R1.5tR1.4tR266.2b6.3x5.5x1x
Fri, 22 Jul 2022R1.4tR1.4tR268.3b5.4x5.3x1x
Sun, 19 Jun 2022R1.6tR1.4tR268.0b5x5.9x1.2x
Tue, 17 May 2022R1.7tR1.4tR267.6b5.7x6.5x1.3x
Thu, 14 Apr 2022R2.0tR1.3tR257.2b7.1x7.8x1.5x
Sat, 12 Mar 2022R2.1tR1.3tR255.4b8.3x8.2x1.6x
Mon, 07 Feb 2022R1.8tR1.3tR283.6b7.3x6.4x1.4x
Wed, 05 Jan 2022R1.7tR1.3tR284.5b8.7x6.1x1.3x
Fri, 03 Dec 2021R1.7tR1.3tR282.5b8.1x6.1x1.3x
Sun, 31 Oct 2021R1.6tR1.3tR282.3b7.9x5.8x1.3x
Tue, 28 Sep 2021R1.5tR1.3tR273.9b7.3x5.3x1.1x
Thu, 26 Aug 2021R1.6tR1.2tR268.5b6.8x5.9x1.3x
Fri, 02 Jul 2021R1.6tR1.2tR268.5b6.6x6.1x1.3x
Mon, 05 Apr 2021R1.8tR1.1tR173.3b8.4x10.6x1.6x
Thu, 07 Jan 2021R1.5tR1.0tR74.3b8.8x20.2x1.5x
Wed, 30 Sep 2020R1.4tR992.9bR22.1b8.7x61.1x1.4x
Sat, 04 Jul 2020R1.3tR947.6b-R26,661,223,345.418.8x-48x1.3x
Tue, 07 Apr 2020R756.4bR937.9bR5.6b7.7x134x0.8x
Fri, 10 Jan 2020R1.3tR874.2bR38.2b10.2x33.3x1.5x
Price to Earnings Ratio

23.9x


Total Market Cap: R1.1tTotal Earnings: R46.9bTotal Revenue: R854.2bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Materials Sector Price to Earnings3Y Average 23.8x202020212022
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 6.9x which is lower than its 3-year average PE of 23.8x.
  • The industry is trading close to its 3-year average PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have grown 74% per year over the last three years.
  • Revenues for these companies have grown 18% 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 Market1.40%
Materials2.10%
Packaging2.58%
Metals and Mining2.36%
Chemicals1.23%
Paper and Forestry Products-2.29%
Basic Materials-2.88%
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 10.0x.
    • Analysts are expecting annual earnings decline of 1.9%, which is less than its past year's earnings decline of 4.5%.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Chemicals industry since they expect its earnings to decline by only 0.4% per year over the next 5 years, which isn't as bad as the other industries.
  • This is a reversal from its past annual earnings growth rate of 106% per year.
  • In contrast, the Paper and Forestry Products industry is expected to see its earnings decline by 18% 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 PlatinumR1.72k4.7%
+R20.4b		-3.8%PE7.6x
KIO Kumba Iron OreR483.644.3%
+R6.4b		4.9%PE7.2x
IMP Impala Platinum HoldingsR209.653.0%
+R5.2b		-3.7%PE5.6x
SSW Sibanye StillwaterR46.672.6%
+R3.3b		-7.1%PE6.5x
NPH Northam Platinum HoldingsR196.224.1%
+R3.0b		-9.8%PE7.8x
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R49.05

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7D

-2.3%

1Y

5.0%

WEZ

R1.07

Wesizwe Platinum

7D

-14.4%

1Y

-7.8%

NPH

R196.22

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4.1%

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-9.8%

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R47.10

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1Y

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AFE

R94.07

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7D

-2.6%

1Y

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R308.16

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7D

-4.3%

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-8.3%

KIO

R483.64

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7D

4.3%

1Y

4.9%

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R188.43

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-0.2%

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7.1%

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R61.59

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7D

-0.9%

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-7.8%

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R1,717.52

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7D

4.7%

1Y

-3.8%