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- 7D-7.3%
- 3M-0.4%
- 1Y90.2%
- YTD-2.2%
Over the last 7 days, the Metals and Mining industry has dropped 7.3%, driven by declines in Harmony Gold Mining and Valterra Platinum of 19% and 8.2%, respectively. In the past year, the industry has gained 90%. Looking forward, earnings are forecast to grow by 19% annually.
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 |
|---|---|---|---|---|---|---|
| Sat, 14 Mar 2026 | R1.9t | R743.0b | R121.0b | 11.6x | 15.7x | 2.6x |
| Mon, 09 Feb 2026 | R2.1t | R624.1b | R59.5b | 20.7x | 35.4x | 3.4x |
| Wed, 07 Jan 2026 | R2.1t | R662.0b | R54.6b | 21.9x | 37.6x | 3.1x |
| Fri, 05 Dec 2025 | R1.8t | R666.7b | R55.7b | 19.3x | 31.5x | 2.6x |
| Sun, 02 Nov 2025 | R1.6t | R669.8b | R55.9b | 18.6x | 29.3x | 2.4x |
| Tue, 30 Sep 2025 | R1.8t | R669.3b | R55.9b | 19.7x | 31.6x | 2.6x |
| Thu, 28 Aug 2025 | R1.4t | R664.0b | R35.8b | 14.8x | 38.1x | 2.1x |
| Sat, 26 Jul 2025 | R1.3t | R656.7b | R30.5b | 7.4x | 42.5x | 2x |
| Mon, 23 Jun 2025 | R1.2t | R658.1b | R30.9b | 7.8x | 37.5x | 1.8x |
| Wed, 21 May 2025 | R1.1t | R659.1b | R31.4b | 6.9x | 34.3x | 1.6x |
| Fri, 18 Apr 2025 | R1.2t | R665.0b | R32.5b | 6.7x | 36.4x | 1.8x |
| Sun, 16 Mar 2025 | R1.0t | R660.8b | R32.8b | 8.6x | 30.5x | 1.5x |
| Tue, 11 Feb 2025 | R981.3b | R658.4b | -R14,033,746,522.57 | 10.5x | -69.9x | 1.5x |
| Thu, 09 Jan 2025 | R823.7b | R663.3b | -R12,650,346,675.40 | 9.3x | -65.1x | 1.2x |
| Sat, 07 Dec 2024 | R818.9b | R658.4b | -R13,309,554,346.82 | 9.9x | -61.5x | 1.2x |
| Mon, 04 Nov 2024 | R942.2b | R655.7b | -R13,748,967,207.27 | 11.2x | -68.5x | 1.4x |
| Wed, 02 Oct 2024 | R907.5b | R654.2b | -R15,039,592,072.69 | 12.1x | -60.3x | 1.4x |
| Fri, 30 Aug 2024 | R859.1b | R667.9b | R7.2b | 7.3x | 120.1x | 1.3x |
| Sun, 28 Jul 2024 | R937.0b | R674.2b | R9.9b | 6.4x | 94.4x | 1.4x |
| Tue, 25 Jun 2024 | R923.2b | R688.2b | R13.7b | 6.4x | 67.3x | 1.3x |
| Thu, 23 May 2024 | R1.0t | R688.5b | R14.1b | 7.7x | 73.1x | 1.5x |
| Sat, 20 Apr 2024 | R1.0t | R693.4b | R14.8b | 6.8x | 70.5x | 1.5x |
| Mon, 18 Mar 2024 | R881.3b | R691.0b | R13.9b | 6.1x | 63.3x | 1.3x |
| Wed, 14 Feb 2024 | R864.8b | R721.9b | R89.5b | 6.1x | 9.7x | 1.2x |
| Fri, 12 Jan 2024 | R955.9b | R731.0b | R92.9b | 7.7x | 10.3x | 1.3x |
| Sun, 10 Dec 2023 | R963.0b | R733.6b | R93.9b | 7.3x | 10.3x | 1.3x |
| Tue, 07 Nov 2023 | R923.0b | R729.8b | R93.3b | 7.2x | 9.9x | 1.3x |
| Thu, 05 Oct 2023 | R836.9b | R735.0b | R94.1b | 7.1x | 8.9x | 1.1x |
| Sat, 02 Sep 2023 | R1.0t | R836.6b | R128.1b | 5.5x | 7.8x | 1.2x |
| Mon, 31 Jul 2023 | R1.2t | R830.3b | R142.0b | 4.7x | 8.5x | 1.5x |
| Wed, 28 Jun 2023 | R1.2t | R865.5b | R167.2b | 4.4x | 7.1x | 1.4x |
| Fri, 26 May 2023 | R1.3t | R893.4b | R182.5b | 4.6x | 7.4x | 1.5x |
| Sun, 23 Apr 2023 | R1.4t | R881.8b | R181.8b | 5.2x | 7.6x | 1.6x |
| Tue, 21 Mar 2023 | R1.2t | R860.0b | R167.5b | 4.6x | 7.4x | 1.4x |
Price to Earnings Ratio
7.4x
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 industry is trading at a PE ratio of 15.7x which is lower than its 3-year average PE of 39.2x.
- The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have declined 10% per year over the last three years,
- Revenues have also declined 4.8% 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 | -1.90% | |
| Materials | -5.58% | |
| Metals and Mining | -7.30% | |
| Aluminum | 0.48% | |
| Diversified Metals and Mining | 0.45% | |
| Copper | -2.60% | |
| Gold | -6.00% | |
| Steel | -7.77% | |
| Precious Metals and Minerals | -8.81% | |
Industry PE
- Investors are most optimistic about the Aluminum industry which is trading above its 3-year average PE ratio of 14.1x.
- Analysts are expecting annual earnings growth of 69.5%, which is higher than its past year's earnings decline of 95.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Aluminum industry, expecting annual earnings growth of 69% over the next 5 years.
- This is better than its past earnings decline of 95% per year.
- In contrast, the Steel industry is expected to see its earnings decline by 11% 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 | |
|---|---|---|---|---|---|
| ARI African Rainbow Minerals | R216.00 | 0.8% +R343.1m | 47.9% | PE22x | |
| MRF Merafe Resources | R1.19 | 2.6% +R75.0m | -4.0% | PE20.8x | |
| GML Gemfields Group | R1.15 | 1.8% +R34.5m | -20.7% | PS0.8x | |
| RNG Randgold & Exploration | R1.29 | 27.7% +R20.0m | 72.0% | PB2x | |
| HLM Hulamin | R2.10 | 0.5% +R3.1m | -16.0% | PE54.2x |
