South African (JSE) Gold Industry Analysis
UpdatedApr 17, 2024
DataAggregated Company Financials
Companies3
- 7D1.0%
- 3M44.8%
- 1Y31.7%
- YTDn/a
In the last week, the Gold industry is up 1.0%, with Gold Fields up 1.4%. This means that the industry has gained 32% over the past year. Looking forward, earnings are forecast to grow by 22% annually.
Industry Valuation and Performance
Has the South African Gold Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 17 Apr 2024 | R415.5b | R143.1b | R22.6b | 16.8x | 18.4x | 2.9x |
| Fri, 15 Mar 2024 | R337.1b | R141.8b | R22.4b | 14.2x | 15x | 2.4x |
| Sun, 11 Feb 2024 | R301.8b | R131.5b | R17.3b | 16.5x | 17.4x | 2.3x |
| Tue, 09 Jan 2024 | R278.6b | R129.5b | R17.0b | 15.6x | 16.3x | 2.2x |
| Thu, 07 Dec 2023 | R316.2b | R130.8b | R17.3b | 17.2x | 18.3x | 2.4x |
| Sat, 04 Nov 2023 | R276.4b | R128.0b | R16.8b | 14.9x | 16.4x | 2.2x |
| Mon, 02 Oct 2023 | R227.4b | R131.0b | R17.3b | 11.9x | 13.2x | 1.7x |
| Wed, 30 Aug 2023 | R393.7b | R207.6b | R12.3b | 101.7x | 32x | 1.9x |
| Fri, 28 Jul 2023 | R461.2b | R197.3b | R15.1b | 34.7x | 30.6x | 2.3x |
| Sun, 25 Jun 2023 | R468.8b | R208.2b | R16.2b | 34.6x | 28.9x | 2.3x |
| Tue, 23 May 2023 | R523.4b | R213.1b | R18.8b | 27.1x | 27.9x | 2.5x |
| Thu, 20 Apr 2023 | R496.2b | R203.4b | R17.7b | 28.1x | 28.1x | 2.4x |
| Sat, 18 Mar 2023 | R385.6b | R205.7b | R17.9b | 21.5x | 21.5x | 1.9x |
| Mon, 13 Feb 2023 | R353.0b | R197.7b | R25.2b | 12.5x | 14x | 1.8x |
| Wed, 11 Jan 2023 | R380.7b | R190.3b | R24.0b | 14.1x | 15.9x | 2x |
| Fri, 09 Dec 2022 | R344.3b | R191.4b | R24.2b | 12.5x | 14.2x | 1.8x |
| Sun, 06 Nov 2022 | R277.0b | R198.3b | R25.3b | 9.6x | 10.9x | 1.4x |
| Tue, 04 Oct 2022 | R266.4b | R197.4b | R25.2b | 9.4x | 10.6x | 1.3x |
| Thu, 01 Sep 2022 | R246.4b | R190.4b | R24.0b | 9x | 10.3x | 1.3x |
| Sat, 30 Jul 2022 | R273.0b | R178.8b | R25.3b | 10.5x | 10.8x | 1.5x |
| Mon, 27 Jun 2022 | R267.1b | R172.1b | R24.2b | 10.7x | 11x | 1.6x |
| Wed, 25 May 2022 | R317.2b | R171.1b | R24.0b | 13.2x | 13.2x | 1.9x |
| Fri, 22 Apr 2022 | R378.4b | R168.6b | R23.6b | 16.2x | 16x | 2.2x |
| Sun, 20 Mar 2022 | R407.0b | R165.2b | R23.0b | 17.9x | 17.7x | 2.5x |
| Tue, 15 Feb 2022 | R334.8b | R171.0b | R33.5b | 9.6x | 10x | 2x |
| Thu, 13 Jan 2022 | R318.1b | R172.9b | R33.9b | 9.3x | 9.4x | 1.8x |
| Sat, 11 Dec 2021 | R308.3b | R178.3b | R35.1b | 8.7x | 8.8x | 1.7x |
| Mon, 08 Nov 2021 | R274.9b | R170.6b | R33.4b | 8.4x | 8.2x | 1.6x |
| Wed, 06 Oct 2021 | R241.9b | R170.0b | R33.8b | 7.5x | 7.2x | 1.4x |
| Fri, 03 Sep 2021 | R253.0b | R163.8b | R32.4b | 7.8x | 7.8x | 1.5x |
| Sun, 01 Aug 2021 | R286.5b | R163.8b | R32.4b | 9.3x | 8.8x | 1.7x |
| Wed, 05 May 2021 | R287.4b | R164.2b | R31.9b | 8.8x | 9x | 1.8x |
Price to Earnings Ratio
9x
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 declined 11% per year over the last three years,
- Revenues have also declined 4.5% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does South African Gold compare with similar industries?
| ZA Market | -3.90% | |
| Materials | -1.54% | |
| Metals and Mining | -0.80% | |
| Gold | 1.05% | |
| Diversified Metals and Mining | 11.60% | |
| Copper | 4.89% | |
| Silver | 0% | |
| Precious Metals and Minerals | -2.26% | |
| Aluminum | -2.75% | |
| Steel | -4.13% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GFI Gold Fields | R334.74 | 1.4% +R4.2b | 17.4% | PE21.8x | |
| RNG Randgold & Exploration | R0.54 | 5.9% +R2.1m | -22.9% | PB0.6x |