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South African (JSE) Gold Industry Analysis

UpdatedNov 06, 2025
DataAggregated Company Financials
Companies3
  • 7D-1.7%
  • 3M13.9%
  • 1Y113.7%
  • YTDn/a

The Gold industry is up 4.7% in the last week, with Gold Fields up 5.1%. Meanwhile, Randgold & Exploration actually underperformed within the industry, shrinking 58% in the last week. In the last 12 months, the industry was up 108%. As for the next few years, earnings are expected to grow by 24% per annum.

Industry Valuation and Performance

Has the South African Gold Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 06 Nov 2025R765.4bR188.0bR47.1b15.1x16.2x4.1x
Sat, 04 Oct 2025R847.5bR186.8bR46.8b16.9x18.1x4.5x
Mon, 01 Sep 2025R665.2bR189.5bR47.6b12.9x14x3.5x
Wed, 30 Jul 2025R556.1bR160.1bR32.8b16.4x17x3.5x
Fri, 27 Jun 2025R532.0bR160.0bR32.7b15.8x16.3x3.3x
Sun, 25 May 2025R541.3bR159.8bR32.7b16.6x16.5x3.4x
Tue, 22 Apr 2025R608.4bR165.1bR34.0b18.3x17.9x3.7x
Thu, 20 Mar 2025R494.0bR161.3bR33.1b14.5x14.9x3.1x
Sat, 15 Feb 2025R453.9bR141.4bR20.9b20.8x21.7x3.2x
Mon, 13 Jan 2025R367.2bR144.6bR21.4b16.4x17.2x2.5x
Wed, 11 Dec 2024R340.5bR139.2bR20.5b15.9x16.6x2.4x
Fri, 08 Nov 2024R364.0bR136.8bR20.2b17.4x18x2.7x
Sun, 06 Oct 2024R351.6bR137.5bR20.3b16.7x17.3x2.6x
Tue, 03 Sep 2024R326.4bR135.2bR20.8b15.2x15.7x2.4x
Thu, 01 Aug 2024R396.1bR139.4bR22.0b17.1x18x2.8x
Sat, 29 Jun 2024R349.0bR139.3bR22.0b15.2x15.8x2.5x
Mon, 27 May 2024R371.9bR140.3bR22.2b16x16.8x2.7x
Wed, 24 Apr 2024R389.3bR143.5bR22.7b16.2x17.2x2.7x
Fri, 22 Mar 2024R334.8bR141.9bR22.4b14.1x14.9x2.4x
Sun, 18 Feb 2024R293.8bR130.7bR17.2b16x17x2.2x
Tue, 16 Jan 2024R294.7bR129.9bR17.1b16.4x17.2x2.3x
Thu, 14 Dec 2023R302.7bR131.6bR17.4b16.3x17.4x2.3x
Sat, 11 Nov 2023R265.2bR130.3bR17.2b14x15.4x2x
Mon, 09 Oct 2023R238.1bR132.6bR17.5b12.3x13.6x1.8x
Wed, 06 Sep 2023R393.5bR219.3bR18.2b16.6x21.6x1.8x
Fri, 04 Aug 2023R419.6bR207.9bR16.2b30x26x2x
Sun, 02 Jul 2023R449.7bR208.9bR16.3b32.6x27.6x2.2x
Tue, 30 May 2023R510.0bR216.7bR19.2b26x26.6x2.4x
Thu, 27 Apr 2023R518.2bR205.4bR17.9b29x28.9x2.5x
Sat, 25 Mar 2023R421.5bR203.7bR17.7b23.6x23.8x2.1x
Mon, 20 Feb 2023R335.5bR199.0bR25.4b11.7x13.2x1.7x
Wed, 18 Jan 2023R392.2bR190.5bR24.0b14.6x16.3x2.1x
Fri, 16 Dec 2022R336.6bR194.5bR24.7b12.1x13.6x1.7x
Sun, 13 Nov 2022R337.8bR192.6bR24.4b12.1x13.9x1.8x
Price to Earnings Ratio

13.9x


Total Market Cap: R337.8bTotal Earnings: R24.4bTotal Revenue: R192.6bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Gold Industry Price to Earnings3Y Average 18.5x202320242025
Current Industry PE
    There are only 3 companies in the South African Gold industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Gold industry have grown 24% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Comparison

How does South African Gold compare with similar industries?

ZA Market-1.53%
Materials-3.11%
Metals and Mining-3.29%
Gold-1.67%
Aluminum7.02%
Copper4.48%
Steel-2.37%
Diversified Metals and Mining-4.87%
Precious Metals and Minerals-5.15%
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
No data available

Latest News

GFI
R661.66
Gold Fields
7D
-1.0%
1Y
140.1%

GFI: Windfall Progress Will Drive Medium-Term Upside Following Australian Mine Deal

Analysts have raised Gold Fields' fair value estimate by approximately $85 to $789, citing updated forecasts for improved profit margins, revenue growth, as well as a supportive outlook for gold prices and capital returns. Analyst Commentary Recent Street research on Gold Fields highlights both optimism and caution among analysts regarding the company’s future prospects, as reflected in recent ratings and price target adjustments.
HAR
R278.20
Harmony Gold Mining
7D
-4.0%
1Y
55.3%
RNG
R0.68
Randgold & Exploration
7D
-50.0%
1Y
-24.4%