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South African (JSE) Metals and Mining Industry Analysis
UpdatedDec 30, 2024
DataAggregated Company Financials
Companies18
- 7D0.1%
- 3M-13.2%
- 1Y-24.2%
- YTD-22.3%
Over the last 7 days, the Metals and Mining industry has remained flat. Unfortunately though, the industry is down 24% over the past 12 months. As for the next few years, earnings are expected to grow by 31% per annum.
Industry Valuation and Performance
Has the South African Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Dec 2024 | R787.8b | R662.1b | -R12,804,682,002.07 | 9.4x | -61.5x | 1.2x |
| Wed, 27 Nov 2024 | R847.1b | R658.7b | -R13,349,989,047.59 | 10x | -63.5x | 1.3x |
| Fri, 25 Oct 2024 | R994.0b | R655.7b | -R13,748,525,615.50 | 11.3x | -72.3x | 1.5x |
| Sun, 22 Sep 2024 | R849.0b | R655.1b | -R14,941,592,618.23 | 11.4x | -56.8x | 1.3x |
| Tue, 20 Aug 2024 | R927.3b | R670.2b | R8.3b | 5.8x | 112.3x | 1.4x |
| Thu, 18 Jul 2024 | R948.3b | R688.5b | R13.8b | 6x | 68.9x | 1.4x |
| Sat, 15 Jun 2024 | R846.9b | R689.7b | R13.9b | 6.3x | 60.8x | 1.2x |
| Mon, 13 May 2024 | R1.0t | R689.2b | R14.2b | 7.2x | 71.3x | 1.5x |
| Wed, 10 Apr 2024 | R1.0t | R689.4b | R14.2b | 6.8x | 72.3x | 1.5x |
| Fri, 08 Mar 2024 | R916.2b | R693.4b | R17.0b | 6.1x | 53.8x | 1.3x |
| Sun, 04 Feb 2024 | R982.5b | R732.5b | R93.1b | 7.4x | 10.5x | 1.3x |
| Tue, 02 Jan 2024 | R1.1t | R729.9b | R92.8b | 8.5x | 11.6x | 1.5x |
| Thu, 30 Nov 2023 | R996.6b | R731.8b | R93.6b | 7.5x | 10.6x | 1.4x |
| Sat, 28 Oct 2023 | R873.9b | R732.8b | R93.8b | 7x | 9.3x | 1.2x |
| Mon, 25 Sep 2023 | R1.0t | R817.3b | R95.3b | 9.1x | 10.9x | 1.3x |
| Wed, 23 Aug 2023 | R982.0b | R841.4b | R137.3b | 4.3x | 7.2x | 1.2x |
| Fri, 21 Jul 2023 | R1.2t | R860.7b | R166.7b | 4.5x | 7.3x | 1.4x |
| Sun, 18 Jun 2023 | R1.3t | R870.7b | R175.4b | 4.8x | 7.6x | 1.5x |
| Tue, 16 May 2023 | R1.4t | R891.4b | R182.9b | 4.9x | 7.8x | 1.6x |
| Thu, 13 Apr 2023 | R1.3t | R865.7b | R169.9b | 4.9x | 7.9x | 1.5x |
| Sat, 11 Mar 2023 | R1.2t | R858.2b | R167.8b | 4.6x | 7x | 1.4x |
| Mon, 06 Feb 2023 | R1.4t | R894.4b | R197.9b | 5.5x | 7x | 1.6x |
| Wed, 04 Jan 2023 | R1.4t | R889.4b | R196.8b | 5.7x | 7.2x | 1.6x |
| Fri, 02 Dec 2022 | R1.5t | R888.4b | R196.5b | 5.6x | 7.4x | 1.6x |
| Sun, 30 Oct 2022 | R1.2t | R899.3b | R198.3b | 5x | 6.2x | 1.4x |
| Tue, 27 Sep 2022 | R1.1t | R896.5b | R198.0b | 5x | 5.4x | 1.2x |
| Thu, 25 Aug 2022 | R1.2t | R907.7b | R213.7b | 5.1x | 5.5x | 1.3x |
| Sat, 23 Jul 2022 | R1.1t | R946.2b | R248.3b | 3.9x | 4.5x | 1.2x |
| Mon, 20 Jun 2022 | R1.3t | R936.1b | R246.6b | 4.9x | 5.2x | 1.4x |
| Wed, 18 May 2022 | R1.4t | R934.7b | R245.8b | 5x | 5.7x | 1.5x |
| Fri, 15 Apr 2022 | R1.7t | R923.0b | R243.8b | 6.4x | 6.9x | 1.8x |
| Sun, 13 Mar 2022 | R1.8t | R909.4b | R237.7b | 7.2x | 7.6x | 2x |
| Tue, 08 Feb 2022 | R1.5t | R913.5b | R269.3b | 6.2x | 5.7x | 1.7x |
| Thu, 06 Jan 2022 | R1.5t | R915.9b | R269.8b | 6.2x | 5.5x | 1.6x |
Price to Earnings Ratio
5.5x
Current Industry PE
- Investors are pessimistic on the South African Metals and Mining industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- Total earnings for the Metals and Mining industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 10% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the South African Materials industry?
| ZA Market | -0.31% | |
| Materials | 0.07% | |
| Metals and Mining | 0.12% | |
| Copper | 4.95% | |
| Gold | 1.33% | |
| Steel | 0.91% | |
| Silver | 0% | |
| Aluminum | -0.58% | |
| Diversified Metals and Mining | -0.94% | |
| Precious Metals and Minerals | -1.22% | |
Industry PE
- Investors are most optimistic about the Gold industry even though it's trading below its 3-year average PE ratio of 17.1x.
- Analysts are expecting annual earnings growth of 32.0%, which is lower than the prior year's growth of 42.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Precious Metals and Minerals industry, expecting annual earnings growth of 45% over the next 5 years.
- This is better than its past earnings decline of 30% per year.
- In contrast, the Steel industry is expected to see its earnings decline by 7.7% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GFI Gold Fields | R250.79 | 1.2% +R2.8b | -9.7% | PE17.9x | |
| HAR Harmony Gold Mining | R156.39 | 1.5% +R1.4b | 30.8% | PE11.3x | |
| KIO Kumba Iron Ore | R325.11 | 1.0% +R998.2m | -47.1% | PE5.2x | |
| NPH Northam Platinum Holdings | R99.02 | 1.0% +R397.7m | -29.5% | PE21.5x | |
| CPR Copper 360 | R2.33 | 5.0% +R51.2m | -41.6% | PS13.2x |