South African (JSE) Construction Materials Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Tue, 30 Apr 2024	R15.3b	R17.5b	R872.5m	14.6x	17.5x	0.9x
Thu, 28 Mar 2024	R14.5b	R17.5b	R872.5m	13.7x	16.6x	0.8x
Sat, 24 Feb 2024	R15.5b	R17.5b	R872.5m	14.6x	17.7x	0.9x
Mon, 22 Jan 2024	R15.4b	R17.5b	R872.5m	13.7x	17.6x	0.9x
Wed, 20 Dec 2023	R14.9b	R17.5b	R872.5m	13.4x	17.1x	0.8x
Fri, 17 Nov 2023	R14.0b	R16.5b	R456.8m	13x	30.5x	0.8x
Sun, 15 Oct 2023	R13.1b	R16.1b	R439.0m	10.7x	29.7x	0.8x
Tue, 12 Sep 2023	R12.7b	R16.1b	R439.0m	11.3x	28.9x	0.8x
Thu, 10 Aug 2023	R13.2b	R16.1b	R439.0m	11.1x	30.1x	0.8x
Sat, 08 Jul 2023	R13.2b	R16.1b	R439.0m	11.6x	30.1x	0.8x
Mon, 05 Jun 2023	R11.8b	R16.0b	-R165,985,455.00	8.3x	-71.1x	0.7x
Wed, 03 May 2023	R12.5b	R15.9b	-R102,275,455.00	8x	-122.3x	0.8x
Fri, 31 Mar 2023	R12.1b	R15.9b	-R102,275,455.00	7.5x	-118.1x	0.8x
Sun, 26 Feb 2023	R13.4b	R15.9b	-R102,275,455.00	8.2x	-131x	0.8x
Tue, 24 Jan 2023	R12.2b	R15.9b	-R102,275,455.00	8.3x	-119.7x	0.8x
Thu, 22 Dec 2022	R11.8b	R15.9b	-R102,275,455.00	8.1x	-115x	0.7x
Sat, 19 Nov 2022	R11.5b	R15.8b	R702.2m	10.3x	16.4x	0.7x
Mon, 17 Oct 2022	R10.8b	R15.6b	R750.1m	9x	14.4x	0.7x
Wed, 14 Sep 2022	R12.4b	R15.6b	R750.1m	10x	16.5x	0.8x
Fri, 12 Aug 2022	R12.3b	R15.6b	R750.1m	9.4x	16.3x	0.8x
Sun, 10 Jul 2022	R14.0b	R15.6b	R750.1m	10.5x	18.7x	0.9x
Tue, 07 Jun 2022	R14.8b	R15.4b	R2.7b	7x	5.5x	1x
Thu, 05 May 2022	R15.7b	R15.4b	R2.7b	8x	5.8x	1x
Sat, 02 Apr 2022	R16.8b	R15.4b	R2.7b	8.4x	6.2x	1.1x
Mon, 28 Feb 2022	R16.5b	R15.4b	R2.7b	9.1x	6.1x	1.1x
Wed, 26 Jan 2022	R15.2b	R15.4b	R2.7b	8.6x	5.6x	1x
Fri, 24 Dec 2021	R16.4b	R15.3b	R2.7b	12.8x	6.1x	1.1x
Sun, 21 Nov 2021	R16.0b	R14.4b	R2.1b	14.7x	7.5x	1.1x
Tue, 19 Oct 2021	R17.0b	R13.5b	R2.0b	18.1x	8.6x	1.3x
Thu, 16 Sep 2021	R13.5b	R13.5b	R2.0b	16x	6.9x	1x
Sat, 14 Aug 2021	R14.5b	R13.5b	R2.0b	17.6x	7.4x	1.1x
Wed, 09 Jun 2021	R13.1b	R13.5b	R2.0b	14.4x	6.7x	1x

Current Industry PE

Investors are pessimistic on the South African Construction 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 17.1x which is higher than its 3-year average PE of -11.0x.

The industry is trading close to its 3-year average PS ratio of 0.89x.

Past Earnings Growth

The earnings for companies in the Construction Materials industry have declined 24% per year over the last three years.
Meanwhile revenues for these companies have grown 9.1% per year.
This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does South African Construction Materials compare with similar industries?


ZA Market	3.21%
Materials	-0.90%
Basic Materials	2.96%
Construction Materials	2.96%

Industry PEThere are no additional sub-industries under this industry.

Forecasted GrowthThere are no additional sub-industries under this industry.

Company	Last Price	7D	1Y	Valuation
PPC PPC	R3.26	5.8% +R274.1m	14.4%	PE32.2x
AFT Afrimat	R64.39	1.4% +R134.7m	22.8%	PE14.2x
BIK Brikor	R0.15	15.4% +R16.4m	-6.3%	PE9x
SEP Sephaku Holdings	R1.11	3.7% +R2.2m	4.7%	PE14.3x

Company

Last Price

Valuation

PPC PPC

R3.26

5.8%
+R274.1m

14.4%

PE32.2x

AFT Afrimat

R64.39

1.4%
+R134.7m

22.8%