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South African (JSE) Diversified Metals and Mining Industry Analysis

UpdatedAug 21, 2026
DataAggregated Company Financials
Companies4
  • 7D3.2%
  • 3M-6.9%
  • 1Y1.8%
  • YTDn/a

Over the last 7 days, the Diversified Metals and Mining industry has dropped 3.9%, driven by Master Drilling Group declining 5.6%. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 30% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Aug 2026R41.5bR18.9bR1.5b17.6x28.5x2.2x
Sun, 19 Jul 2026R37.2bR19.0bR1.5b15.9x25.4x2x
Tue, 16 Jun 2026R43.9bR19.0bR2.0b5.2x22.1x2.3x
Thu, 14 May 2026R50.7bR19.0bR2.0b5.1x25.5x2.7x
Sat, 11 Apr 2026R51.0bR19.1bR2.0b5x25.6x2.7x
Mon, 09 Mar 2026R44.6bR18.4bR2.5b4.9x17.9x2.4x
Wed, 04 Feb 2026R49.2bR16.1bR874.6m5.3x56.2x3.1x
Fri, 02 Jan 2026R41.4bR16.2bR858.3m61.4x48.2x2.6x
Sun, 30 Nov 2025R37.4bR16.4bR877.6m55.3x42.6x2.3x
Tue, 28 Oct 2025R35.5bR16.4bR881.4m52.3x40.3x2.2x
Thu, 25 Sep 2025R37.6bR16.5bR885.3m55.5x42.4x2.3x
Sat, 23 Aug 2025R38.1bR16.0bR3.6b9.2x10.5x2.4x
Mon, 21 Jul 2025R39.8bR16.1bR3.6b9.4x11x2.5x
Wed, 18 Jun 2025R35.0bR16.2bR3.6b8.7x9.6x2.2x
Fri, 16 May 2025R32.3bR16.2bR3.6b7.9x8.9x2x
Sun, 13 Apr 2025R34.4bR16.5bR3.7b7.8x9.4x2.1x
Tue, 11 Mar 2025R31.4bR16.1bR3.5b10.3x9x2x
Thu, 06 Feb 2025R33.0bR16.3bR3.3b10.7x9.9x2x
Sat, 04 Jan 2025R31.7bR16.3bR3.3b10.6x9.5x1.9x
Mon, 02 Dec 2024R33.2bR16.1bR3.3b11.1x10x2.1x
Wed, 30 Oct 2024R39.0bR16.0bR3.3b12.1x11.8x2.4x
Fri, 27 Sep 2024R38.6bR15.9bR3.3b11.9x11.7x2.4x
Sun, 25 Aug 2024R39.2bR16.0bR5.3b6.3x7.4x2.4x
Tue, 23 Jul 2024R44.5bR16.2bR5.3b6.7x8.4x2.8x
Thu, 20 Jun 2024R45.4bR16.1bR5.3b7x8.6x2.8x
Sat, 18 May 2024R47.0bR16.1bR5.3b6.9x8.9x2.9x
Mon, 15 Apr 2024R41.3bR16.3bR5.3b6.4x7.8x2.5x
Wed, 13 Mar 2024R37.9bR16.2bR5.3b6x7.1x2.3x
Fri, 09 Feb 2024R36.5bR19.2bR8.5b4.4x4.3x1.9x
Sun, 07 Jan 2024R39.2bR19.1bR8.5b4.6x4.6x2x
Tue, 05 Dec 2023R38.2bR19.1bR8.5b4.5x4.5x2x
Thu, 02 Nov 2023R32.2bR19.1bR8.5b4.2x3.8x1.7x
Sat, 30 Sep 2023R35.3bR19.2bR8.5b4.4x4.2x1.8x
Mon, 28 Aug 2023R38.2bR22.8bR13.3b3.8x2.9x1.7x
Price to Earnings Ratio

2.9x


Total Market Cap: R38.2bTotal Earnings: R13.3bTotal Revenue: R22.8bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Diversified Metals and Mining Industry Price to Earnings3Y Average 16.8x202420252026
Current Industry PE
  • Investors are optimistic on the South African Diversified Metals and Mining industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 27.1x which is higher than its 3-year average PE of 16.8x.
  • The industry is trading close to its 3-year average PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Diversified Metals and Mining industry have declined 52% per year over the last three years,
  • Revenues have also declined 6.0% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does South African Diversified Metals and Mining compare with similar industries?

ZA Market0.088%
Materials6.64%
Metals and Mining6.86%
Diversified Metals and Mining3.20%
Gold11.51%
Precious Metals and Minerals3.66%
Copper-3.70%
Aluminum-3.81%
Steel-4.18%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ARI African Rainbow MineralsR186.533.1%
+R1.2b		2.0%PE30.2x
MDI Master Drilling GroupR15.994.6%
+R106.9m		5.1%PE4.9x
MTU MantenguR0.258.7%
+R6.5m		-64.3%PS0.2x

Latest News

ARI
R186.53
African Rainbow Minerals
7D
3.1%
1Y
2.0%
Narrative Update • Aug 19

ARI: Bokoni Expansion Will Drive Future Upside Despite Lower Market Multiple

Analysts have reduced their price target for African Rainbow Minerals from ZAR295 to ZAR230, citing updated assumptions for growth, profitability and the stock's future P/E multiple. What's in the News African Rainbow Minerals approved development of the Bokoni 180,000 tonnes per month project following completion of a Definitive Feasibility Study in June 2026, with estimated nominal capital expenditure of SAR 15,200 million.
MDI
R15.99
Master Drilling Group
7D
4.6%
1Y
5.1%
MTU
R0.25
Mantengu
7D
8.7%
1Y
-64.3%
EUZ
R0.27
Europa Metals
7D
-22.9%
1Y
-25.0%