Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

South African (JSE) Precious Metals and Minerals Industry Analysis

UpdatedFeb 27, 2026
DataAggregated Company Financials
Companies6
  • 7D17.4%
  • 3M43.2%
  • 1Y248.8%
  • YTDn/a

In the last week, the Precious Metals and Minerals industry is up 12%, with Valterra Platinum up 22%. This means that the industry has gained 234% over the past year. Earnings are forecast to grow by 47% annually.

Industry Valuation and Performance

Has the South African Precious Metals and Minerals Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 27 Feb 2026R1.1tR376.5bR12.1b68.3x93.3x3x
Sun, 25 Jan 2026R1.1tR341.4b-R413,227,368.80219.4x-2768.8x3.4x
Tue, 23 Dec 2025R933.8bR341.8b-R430,192,037.60185.4x-2170.8x2.7x
Thu, 20 Nov 2025R722.4bR342.7b-R914,052,197.60143.4x-790.3x2.1x
Sat, 18 Oct 2025R761.3bR342.9b-R934,409,995.80151.6x-814.8x2.2x
Mon, 15 Sep 2025R621.4bR343.8b-R494,148,952.40124.2x-1257.6x1.8x
Wed, 13 Aug 2025R574.2bR341.7b-R21,009,272,554.4031.1x-27.3x1.7x
Fri, 11 Jul 2025R556.7bR351.7b-R15,278,213,760.8018.8x-36.4x1.6x
Sun, 08 Jun 2025R485.1bR351.7b-R15,279,477,825.5517x-31.8x1.4x
Tue, 06 May 2025R385.1bR353.7b-R14,727,135,187.0013.2x-26.1x1.1x
Thu, 03 Apr 2025R414.3bR354.7b-R13,416,006,717.2014.8x-30.9x1.2x
Sat, 01 Mar 2025R324.2bR355.0b-R13,140,364,463.9011.7x-24.7x0.9x
Mon, 27 Jan 2025R348.9bR355.2b-R54,215,580,675.908.2x-6.4x1x
Wed, 25 Dec 2024R330.5bR355.4b-R54,202,392,583.508.2x-6.1x0.9x
Fri, 22 Nov 2024R367.8bR354.3b-R54,494,330,500.809x-6.7x1x
Sun, 20 Oct 2024R387.7bR353.8b-R54,522,180,921.609.5x-7.1x1.1x
Tue, 17 Sep 2024R329.6bR354.3b-R55,567,714,128.2012.6x-5.9x0.9x
Thu, 15 Aug 2024R348.0bR369.6b-R35,726,834,099.609.4x-9.7x0.9x
Sat, 13 Jul 2024R369.8bR381.9b-R34,313,614,017.808.7x-10.8x1x
Mon, 10 Jun 2024R344.3bR382.8b-R34,249,994,878.208x-10.1x0.9x
Wed, 08 May 2024R391.0bR381.8b-R34,018,002,047.008.6x-11.5x1x
Fri, 05 Apr 2024R411.0bR382.0b-R34,001,762,207.509.3x-12.1x1.1x
Sun, 03 Mar 2024R354.7bR397.9bR17.2b6x20.6x0.9x
Tue, 30 Jan 2024R440.4bR449.5bR53.2b8x8.3x1x
Thu, 28 Dec 2023R516.8bR449.1bR53.1b8.5x9.7x1.2x
Sat, 25 Nov 2023R416.2bR450.3bR53.9b8x7.7x0.9x
Mon, 23 Oct 2023R419.1bR450.4bR53.9b8.4x7.8x0.9x
Wed, 20 Sep 2023R457.8bR451.1bR55.4b6.5x8.3x1x
Fri, 18 Aug 2023R443.0bR478.1bR99.9b4.1x4.4x0.9x
Sun, 16 Jul 2023R553.2bR498.0bR118.6b4.4x4.7x1.1x
Tue, 13 Jun 2023R608.8bR498.5bR118.7b4.6x5.1x1.2x
Thu, 11 May 2023R681.2bR498.8bR119.4b5.3x5.7x1.4x
Sat, 08 Apr 2023R603.0bR498.1bR119.1b4.7x5.1x1.2x
Mon, 06 Mar 2023R634.2bR488.9bR117.1b5.5x5.4x1.3x
Price to Earnings Ratio

5.4x


Total Market Cap: R634.2bTotal Earnings: R117.1bTotal Revenue: R488.9bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Precious Metals and Minerals Industry Price to Earnings3Y Average -250.7x202420252026
Current Industry PE
  • Investors are optimistic on the South African Precious Metals and Minerals industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 3.1x.
Past Earnings Growth
  • Total earnings for the Precious Metals and Minerals industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 9.8% per year, which is driving profits down.

Industry Comparison

How does South African Precious Metals and Minerals compare with similar industries?

ZA Market3.25%
Materials9.65%
Metals and Mining10.87%
Precious Metals and Minerals17.37%
Diversified Metals and Mining8.80%
Gold5.43%
Steel2.79%
Aluminum1.42%
Copper0%0
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
VAL Valterra PlatinumR1.79k21.7%
+R82.9b		202.4%PE30.4x
IMP Impala Platinum HoldingsR336.6521.0%
+R52.4b		267.4%PE396.8x
NPH Northam Platinum HoldingsR426.5815.3%
+R21.3b		321.9%PE106.2x
SSW Sibanye StillwaterR65.345.5%
+R9.6b		347.8%PS1.4x

Latest News

VAL
R1,786.31
Valterra Platinum
7D
21.7%
1Y
202.4%
NPH
R426.58
Northam Platinum Holdings
7D
15.3%
1Y
321.9%

NPH: Higher P/E Outlook And Strong Output Will Support Bullish Repricing

Analysts have maintained their ZAR490.00 price target for Northam Platinum Holdings, citing a slightly lower discount rate, small increases in assumed revenue growth and profit margins, and a higher future P/E expectation following more positive recent research commentary. Analyst Commentary Recent commentary has reinforced the ZAR490.00 price target, with bullish analysts pointing to a mix of valuation support, improved assumptions and a more constructive view on the company’s earnings profile.
SSW
R65.34
Sibanye Stillwater
7D
5.5%
1Y
347.8%
THA
R28.01
Tharisa
7D
-3.0%
1Y
115.5%
IMP
R336.65
Impala Platinum Holdings
7D
21.0%
1Y
267.4%

IMP: Broker Upgrades Will Likely Prove Vulnerable To Execution Risks

Analysts have raised their ZAR price target on Impala Platinum Holdings to ZAR246.17, based on research that incorporates slightly firmer revenue growth and profit margin assumptions, a modestly lower future P/E, and a small adjustment to the discount rate. Analyst Commentary Even with a higher ZAR price target, not every analyst is enthusiastic.
GML
R1.10
Gemfields Group
7D
-3.5%
1Y
-26.7%