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South African (JSE) Metals and Mining Industry Analysis

UpdatedJun 14, 2025
DataAggregated Company Financials
Companies18
  • 7D1.8%
  • 3M19.5%
  • 1Y41.3%
  • YTD48.1%

The Metals and Mining industry is up 1.8% in the last week, with Gold Fields up 3.0%. This takes the industry's 12 month performance to a gain of 41%. 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
Sat, 14 Jun 2025R1.2tR657.6bR30.8b7.7x38.8x1.8x
Mon, 12 May 2025R1.1tR661.2bR31.8b6.7x33.7x1.6x
Wed, 09 Apr 2025R1.0tR671.2bR35.0b6.5x28.9x1.5x
Fri, 07 Mar 2025R970.3bR661.5bR33.3b9.3x29.1x1.5x
Sun, 02 Feb 2025R959.7bR662.1b-R12,804,531,943.4210.1x-74.9x1.4x
Tue, 31 Dec 2024R772.4bR662.9b-R12,701,516,676.769.3x-60.8x1.2x
Thu, 28 Nov 2024R846.6bR658.7b-R13,344,763,545.0410x-63.4x1.3x
Sat, 26 Oct 2024R997.9bR655.8b-R13,736,455,440.5911.5x-72.6x1.5x
Mon, 23 Sep 2024R849.0bR655.1b-R14,941,592,618.2311.4x-56.8x1.3x
Wed, 21 Aug 2024R949.2bR670.9bR8.4b5.7x113.5x1.4x
Fri, 19 Jul 2024R941.6bR689.0bR13.8b5.9x68.1x1.4x
Sun, 16 Jun 2024R846.9bR689.7bR13.9b6.3x60.8x1.2x
Tue, 14 May 2024R1.0tR688.9bR14.2b7.4x72.4x1.5x
Thu, 11 Apr 2024R1.0tR691.2bR14.5b6.9x70.9x1.5x
Sat, 09 Mar 2024R926.3bR693.8bR17.1b6x54.3x1.3x
Mon, 05 Feb 2024R982.5bR732.5bR93.1b7.4x10.5x1.3x
Wed, 03 Jan 2024R1.1tR730.5bR92.9b8.2x11.3x1.4x
Fri, 01 Dec 2023R993.8bR733.0bR93.8b7.6x10.6x1.4x
Sun, 29 Oct 2023R873.9bR732.8bR93.8b7x9.3x1.2x
Tue, 26 Sep 2023R1.0tR817.3bR95.3b9.1x10.9x1.3x
Thu, 24 Aug 2023R1.0tR838.1bR137.0b4.5x7.4x1.2x
Sat, 22 Jul 2023R1.2tR860.5bR166.6b4.5x7.3x1.4x
Mon, 19 Jun 2023R1.3tR870.7bR175.4b4.8x7.6x1.5x
Wed, 17 May 2023R1.4tR891.7bR183.0b4.9x7.7x1.6x
Fri, 14 Apr 2023R1.4tR862.1bR169.5b5.1x8.2x1.6x
Sun, 12 Mar 2023R1.2tR858.7bR167.9b4.6x7x1.4x
Tue, 07 Feb 2023R1.4tR896.4bR198.2b5.4x6.8x1.5x
Thu, 05 Jan 2023R1.4tR887.9bR196.5b5.6x7.2x1.6x
Sat, 03 Dec 2022R1.4tR892.6bR197.2b5.5x7.3x1.6x
Mon, 31 Oct 2022R1.2tR899.3bR198.3b5x6.2x1.4x
Wed, 28 Sep 2022R1.1tR896.1bR198.0b4.9x5.5x1.2x
Fri, 26 Aug 2022R1.2tR910.4bR215.5b5.2x5.6x1.3x
Sun, 24 Jul 2022R1.2tR943.9bR247.9b4x4.7x1.2x
Tue, 21 Jun 2022R1.3tR936.5bR246.7b4.7x5.1x1.4x
Price to Earnings Ratio

5.1x


Total Market Cap: R1.3tTotal Earnings: R246.7bTotal Revenue: R936.5bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Metals and Mining Industry Price to Earnings3Y Average 32x202320242025
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 38.8x which is higher than its 3-year average PE of 32.0x.
  • 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 Market-1.69%
Materials2.24%
Metals and Mining1.81%
Gold2.82%
Copper2.56%
Precious Metals and Minerals1.99%
Aluminum-1.77%
Steel-2.71%
Diversified Metals and Mining-3.68%
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 24.5%, 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
GFI Gold FieldsR451.523.0%
+R11.8b
84.3%PE18.1x
IMP Impala Platinum HoldingsR149.154.4%
+R5.7b
77.3%PS1.6x
HAR Harmony Gold MiningR266.672.4%
+R3.8b
70.3%PE15.8x
SSW Sibanye StillwaterR30.602.4%
+R2.0b
52.7%PS0.8x
VAL Valterra PlatinumR761.590.3%
+R680.1m
32.3%PE28.3x
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Latest News

GFI

R451.52

Gold Fields

7D

3.0%

1Y

84.3%

MDI

R15.95

Master Drilling Group

7D

8.7%

1Y

28.7%

VAL

R761.59

Valterra Platinum

7D

0.3%

1Y

32.3%

THA

R19.65

Tharisa

7D

9.2%

1Y

5.9%

NPH

R170.57

Northam Platinum Holdings

7D

1.0%

1Y

57.9%

IMP

R149.15

Impala Platinum Holdings

7D

4.4%

1Y

77.3%

HLM

R2.22

Hulamin

7D

-1.8%

1Y

-41.0%

HAR

R266.67

Harmony Gold Mining

7D

2.4%

1Y

70.3%

SSW

R30.60

Sibanye Stillwater

7D

2.4%

1Y

52.7%

ACL

R1.07

ArcelorMittal South Africa

7D

-1.8%

1Y

7.0%