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South African (JSE) Metals and Mining Industry Analysis

UpdatedJun 11, 2025
DataAggregated Company Financials
Companies18
  • 7D6.0%
  • 3M21.3%
  • 1Y36.1%
  • YTD47.5%

Over the last 7 days, the Metals and Mining industry has risen 6.0%, driven by gains from Valterra Platinum of 18%. This means that the industry has gained 36% over the past year. Looking forward, earnings are forecast to grow by 34% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 11 Jun 2025R1.2tR656.3bR30.6b7.1x39x1.8x
Fri, 09 May 2025R1.1tR661.1bR31.7b7x33.5x1.6x
Sun, 06 Apr 2025R948.9bR667.3bR34.2b6.3x27.7x1.4x
Tue, 04 Mar 2025R914.0bR658.6bR32.0b8.7x28.6x1.4x
Thu, 30 Jan 2025R904.5bR661.6b-R12,873,033,719.429.7x-70.3x1.4x
Sat, 28 Dec 2024R787.8bR662.0b-R12,825,840,272.439.4x-61.4x1.2x
Mon, 25 Nov 2024R880.1bR658.3b-R13,404,378,433.3110.2x-65.7x1.3x
Wed, 23 Oct 2024R972.7bR655.0b-R13,842,290,266.9411.3x-70.3x1.5x
Fri, 20 Sep 2024R840.4bR655.4b-R14,896,470,740.2211.4x-56.4x1.3x
Sun, 18 Aug 2024R898.3bR671.1bR8.4b5.7x107.1x1.3x
Tue, 16 Jul 2024R944.9bR688.6bR13.8b6.2x68.6x1.4x
Thu, 13 Jun 2024R875.8bR689.7bR13.9b6.2x62.9x1.3x
Sat, 11 May 2024R1.0tR689.2bR14.2b7.2x71.3x1.5x
Mon, 08 Apr 2024R978.0bR690.7bR14.4b6.5x67.8x1.4x
Wed, 06 Mar 2024R877.7bR695.1bR17.3b6x50.8x1.3x
Fri, 02 Feb 2024R997.9bR730.9bR92.9b7.7x10.7x1.4x
Sun, 31 Dec 2023R1.1tR729.1bR92.7b8.5x11.6x1.5x
Tue, 28 Nov 2023R974.3bR732.2bR93.7b7.4x10.4x1.3x
Thu, 26 Oct 2023R869.8bR734.1bR94.0b6.9x9.3x1.2x
Sat, 23 Sep 2023R1.0tR818.0bR95.9b6.3x10.8x1.3x
Mon, 21 Aug 2023R976.8bR843.3bR137.5b4.2x7.1x1.2x
Wed, 19 Jul 2023R1.2tR859.5bR166.5b4.5x7.4x1.4x
Fri, 16 Jun 2023R1.3tR871.3bR175.5b4.8x7.6x1.5x
Sun, 14 May 2023R1.4tR894.1bR183.3b4.9x7.8x1.6x
Tue, 11 Apr 2023R1.3tR863.5bR169.7b4.7x7.6x1.5x
Thu, 09 Mar 2023R1.2tR860.5bR168.7b4.5x6.9x1.4x
Sat, 04 Feb 2023R1.4tR894.4bR197.9b5.5x7x1.6x
Mon, 02 Jan 2023R1.4tR889.0bR196.7b5.6x7x1.5x
Wed, 30 Nov 2022R1.4tR888.0bR196.4b5.3x7.2x1.6x
Fri, 28 Oct 2022R1.2tR896.6bR197.9b5x6.3x1.4x
Sun, 25 Sep 2022R1.0tR895.5bR197.9b5x5.3x1.2x
Tue, 23 Aug 2022R1.1tR908.6bR213.8b4.9x5.3x1.3x
Thu, 21 Jul 2022R1.1tR946.5bR248.4b4x4.6x1.2x
Sat, 18 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 39.0x 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 Market2.22%
Materials5.78%
Metals and Mining6.02%
Precious Metals and Minerals15.64%
Aluminum11.16%
Diversified Metals and Mining7.99%
Copper4.58%
Steel3.98%
Gold-1.24%
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 24.7%, 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 54% 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 PlatinumR795.5817.6%
+R31.3b
41.4%PE29.6x
IMP Impala Platinum HoldingsR148.9118.1%
+R20.5b
76.5%PS1.6x
NPH Northam Platinum HoldingsR174.2315.8%
+R9.3b
61.7%PE45.1x
SSW Sibanye StillwaterR29.917.6%
+R6.0b
45.9%PS0.8x
KIO Kumba Iron OreR297.864.0%
+R3.7b
-32.2%PE6.5x
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Latest News

VAL

R795.58

Valterra Platinum

7D

17.6%

1Y

41.4%

THA

R19.41

Tharisa

7D

19.1%

1Y

4.9%

NPH

R174.23

Northam Platinum Holdings

7D

15.8%

1Y

61.7%

GFI

R433.69

Gold Fields

7D

-1.6%

1Y

52.2%

IMP

R148.91

Impala Platinum Holdings

7D

18.1%

1Y

76.5%

MRF

R1.28

Merafe Resources

7D

5.8%

1Y

-1.5%

HAR

R261.40

Harmony Gold Mining

7D

-0.4%

1Y

71.3%

MDI

R14.50

Master Drilling Group

7D

-1.2%

1Y

20.8%

SSW

R29.91

Sibanye Stillwater

7D

7.6%

1Y

45.9%

ACL

R1.10

ArcelorMittal South Africa

7D

-3.5%

1Y

8.9%

RNG

R0.80

Randgold & Exploration

7D

-3.6%

1Y

-9.1%