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South African (JSE) Metals and Mining Industry Analysis

UpdatedJun 12, 2025
DataAggregated Company Financials
Companies18
  • 7D6.7%
  • 3M20.8%
  • 1Y34.8%
  • YTD49.1%

The Metals and Mining industry is up 6.7% in the last week, with Valterra Platinum up 24%. This means that the industry has gained 35% over the past year. Earnings are forecast to grow by 35% annually.

Industry Valuation and Performance

Has the South African Metals and Mining Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 12 Jun 2025R1.2tR656.5bR30.6b7.8x39.4x1.8x
Sat, 10 May 2025R1.1tR661.2bR31.8b6.7x33.7x1.6x
Mon, 07 Apr 2025R948.9bR667.3bR34.2b6.3x27.7x1.4x
Wed, 05 Mar 2025R905.2bR658.5bR32.0b8.4x28.3x1.4x
Fri, 31 Jan 2025R904.5bR661.0b-R12,951,739,483.9710x-69.8x1.4x
Sun, 29 Dec 2024R787.8bR662.1b-R12,804,682,002.079.4x-61.5x1.2x
Tue, 26 Nov 2024R842.1bR658.1b-R13,428,518,783.1310x-62.7x1.3x
Thu, 24 Oct 2024R950.3bR656.4b-R13,654,098,576.4210.9x-69.6x1.4x
Sat, 21 Sep 2024R849.0bR655.1b-R14,941,592,618.2311.4x-56.8x1.3x
Mon, 19 Aug 2024R898.3bR671.1bR8.4b5.7x107.1x1.3x
Wed, 17 Jul 2024R965.9bR687.7bR13.6b6.2x70.8x1.4x
Fri, 14 Jun 2024R893.8bR689.9bR14.0b6.2x64x1.3x
Sun, 12 May 2024R1.0tR689.2bR14.2b7.2x71.3x1.5x
Tue, 09 Apr 2024R1.0tR690.5bR14.4b6.6x70.3x1.5x
Thu, 07 Mar 2024R896.4bR694.3bR17.1b6.1x52.3x1.3x
Sat, 03 Feb 2024R982.5bR732.5bR93.1b7.4x10.5x1.3x
Mon, 01 Jan 2024R1.1tR729.1bR92.7b8.5x11.6x1.5x
Wed, 29 Nov 2023R995.8bR731.6bR93.6b7.6x10.6x1.4x
Fri, 27 Oct 2023R874.0bR733.6bR93.9b7x9.3x1.2x
Sun, 24 Sep 2023R1.0tR817.3bR95.3b9.1x10.9x1.3x
Tue, 22 Aug 2023R976.8bR843.4bR137.5b4.3x7.1x1.2x
Thu, 20 Jul 2023R1.2tR860.3bR166.6b4.4x7.4x1.4x
Sat, 17 Jun 2023R1.3tR870.7bR175.4b4.8x7.6x1.5x
Mon, 15 May 2023R1.4tR894.1bR183.3b4.9x7.8x1.6x
Wed, 12 Apr 2023R1.3tR865.2bR169.9b4.9x7.9x1.5x
Fri, 10 Mar 2023R1.2tR860.8bR168.2b4.5x6.9x1.3x
Sun, 05 Feb 2023R1.4tR894.4bR197.9b5.5x7x1.6x
Tue, 03 Jan 2023R1.4tR889.0bR196.7b5.6x7x1.5x
Thu, 01 Dec 2022R1.5tR887.6bR196.3b5.6x7.4x1.6x
Sat, 29 Oct 2022R1.2tR899.3bR198.3b5x6.2x1.4x
Mon, 26 Sep 2022R1.0tR895.5bR197.9b5x5.3x1.2x
Wed, 24 Aug 2022R1.2tR907.8bR213.7b5x5.5x1.3x
Fri, 22 Jul 2022R1.1tR946.2bR248.3b3.9x4.5x1.2x
Sun, 19 Jun 2022R1.3tR936.1bR246.6b4.9x5.2x1.4x
Price to Earnings Ratio

5.2x


Total Market Cap: R1.3tTotal Earnings: R246.6bTotal Revenue: R936.1bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Metals and Mining Industry Price to Earnings3Y Average 31.9x202320242025
Current Industry PE
  • Investors are optimistic on the South African Metals and Mining industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 39.4x which is higher than its 3-year average PE of 31.9x.
  • The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have declined 50% per year over the last three years,
  • Revenues have also declined 11% 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 industry?

ZA Market1.21%
Materials6.48%
Metals and Mining6.74%
Precious Metals and Minerals21.60%
Diversified Metals and Mining10.89%
Aluminum4.39%
Steel4.32%
Copper2.55%
Gold-4.31%
Industry PE
  • Investors are most optimistic about the Gold industry, which is trading close to its 3-year average PE ratio of 17.6x.
    • Analysts are expecting annual earnings growth of 24.6%, which is lower than the prior year's growth of 45.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Precious Metals and Minerals industry, expecting annual earnings growth of 55% over the next 5 years.
  • This is better than its past earnings decline of 35% per year.
  • In contrast, the Steel industry is expected to see its earnings decline by 5.2% 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 PlatinumR820.8624.0%
+R41.7b
41.4%PE30.5x
IMP Impala Platinum HoldingsR156.2122.4%
+R25.6b
78.2%PS1.6x
NPH Northam Platinum HoldingsR181.8121.6%
+R12.6b
64.0%PE47.1x
SSW Sibanye StillwaterR30.8815.9%
+R12.0b
48.6%PS0.8x
KIO Kumba Iron OreR299.554.4%
+R4.0b
-31.4%PE6.5x
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Latest News

MDI

R16.00

Master Drilling Group

7D

11.8%

1Y

33.3%

VAL

R820.86

Valterra Platinum

7D

24.0%

1Y

41.4%

THA

R19.26

Tharisa

7D

16.0%

1Y

3.0%

NPH

R181.81

Northam Platinum Holdings

7D

21.6%

1Y

64.0%

GFI

R430.09

Gold Fields

7D

-3.8%

1Y

47.6%

IMP

R156.21

Impala Platinum Holdings

7D

22.4%

1Y

78.2%

HAR

R253.80

Harmony Gold Mining

7D

-5.6%

1Y

61.8%

GML

R1.06

Gemfields Group

7D

-1.9%

1Y

-62.1%

SSW

R30.88

Sibanye Stillwater

7D

15.9%

1Y

48.6%

ACL

R1.13

ArcelorMittal South Africa

7D

-0.9%

1Y

11.9%

RNG

R0.80

Randgold & Exploration

7D

-3.6%

1Y

33.3%