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South African (JSE) Precious Metals and Minerals Industry Analysis

UpdatedJan 17, 2026
DataAggregated Company Financials
Companies6
  • 7D6.0%
  • 3M33.0%
  • 1Y191.1%
  • YTDn/a

Impala Platinum Holdings is up 7.6%, leading the way for the Precious Metals and Minerals industry, which has gained 15%. In the last 12 months, the industry was up 205%. Earnings are forecast to grow by 55% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 17 Jan 2026R1.0tR341.6b-R421,459,888.80197x-2402.8x3x
Mon, 15 Dec 2025R853.9bR342.0b-R434,677,341.60171.9x-1964.4x2.5x
Wed, 12 Nov 2025R704.6bR342.7b-R910,106,187.20141.7x-774.2x2.1x
Fri, 10 Oct 2025R773.6bR342.7b-R926,239,695.00154.9x-835.2x2.3x
Sun, 07 Sep 2025R613.8bR344.0b-R501,209,548.80121.8x-1224.6x1.8x
Tue, 05 Aug 2025R580.4bR342.0b-R21,020,138,969.7031.2x-27.6x1.7x
Thu, 03 Jul 2025R550.5bR351.5b-R15,272,821,427.1018.9x-36x1.6x
Sat, 31 May 2025R444.1bR351.9b-R15,285,350,049.7015.7x-29.1x1.3x
Mon, 28 Apr 2025R376.0bR354.1b-R14,726,832,507.0013x-25.5x1.1x
Wed, 26 Mar 2025R410.9bR354.2b-R13,456,147,446.2014.8x-30.5x1.2x
Fri, 21 Feb 2025R348.9bR352.1b-R58,780,679,107.6012.8x-5.9x1x
Sun, 19 Jan 2025R349.7bR355.6b-R54,192,318,736.808.4x-6.5x1x
Tue, 17 Dec 2024R344.3bR354.7b-R54,253,563,225.608.3x-6.3x1x
Thu, 14 Nov 2024R373.1bR354.4b-R54,486,463,624.809.2x-6.8x1.1x
Sat, 12 Oct 2024R367.8bR353.6b-R55,625,086,129.6014.4x-6.6x1x
Mon, 09 Sep 2024R313.8bR359.9b-R40,658,896,900.6013.4x-7.7x0.9x
Wed, 07 Aug 2024R347.4bR369.9b-R35,703,002,014.409.2x-9.7x0.9x
Fri, 05 Jul 2024R373.9bR382.2b-R34,297,012,285.408.8x-10.9x1x
Sun, 02 Jun 2024R374.4bR382.7b-R34,254,668,868.408.2x-10.9x1x
Tue, 30 Apr 2024R380.9bR381.9b-R34,009,034,423.508.3x-11.2x1x
Thu, 28 Mar 2024R376.8bR382.1b-R35,002,800,424.508.9x-10.8x1x
Sat, 24 Feb 2024R361.2bR417.6bR35.3b9.8x10.2x0.9x
Mon, 22 Jan 2024R437.1bR449.7bR53.2b7.8x8.2x1x
Wed, 20 Dec 2023R490.3bR449.1bR53.1b8.1x9.2x1.1x
Fri, 17 Nov 2023R416.2bR449.7bR53.8b8.3x7.7x0.9x
Sun, 15 Oct 2023R453.0bR450.4bR53.9b8.8x8.4x1x
Tue, 12 Sep 2023R406.0bR451.0bR55.4b5.4x7.3x0.9x
Thu, 10 Aug 2023R492.6bR478.0bR99.9b4.1x4.9x1x
Sat, 08 Jul 2023R499.1bR498.7bR118.7b4.3x4.2x1x
Mon, 05 Jun 2023R653.4bR499.4bR118.9b5x5.5x1.3x
Wed, 03 May 2023R663.6bR498.3bR119.4b5.3x5.6x1.3x
Fri, 31 Mar 2023R632.0bR497.7bR119.0b4.7x5.3x1.3x
Sun, 26 Feb 2023R650.0bR503.6bR119.0b5.3x5.5x1.3x
Tue, 24 Jan 2023R806.7bR530.8bR128.8b5.9x6.3x1.5x
Price to Earnings Ratio

6.3x


Total Market Cap: R806.7bTotal Earnings: R128.8bTotal Revenue: R530.8bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Precious Metals and Minerals Industry Price to Earnings3Y Average -165.9x202420252026
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 14% per year, which is driving profits down.

Industry Comparison

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

ZA Market1.34%
Materials6.01%
Metals and Mining6.78%
Precious Metals and Minerals6.01%
Gold8.96%
Diversified Metals and Mining6.96%
Aluminum-0.42%
Steel-2.95%
Copper-4.35%
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
IMP Impala Platinum HoldingsR297.607.6%
+R18.9b		201.3%PE350.8x
VAL Valterra PlatinumR1.51k4.3%
+R16.4b		143.6%PE299.5x
SSW Sibanye StillwaterR69.336.1%
+R11.3b		317.9%PS1.8x
NPH Northam Platinum HoldingsR379.788.3%
+R11.0b		232.9%PE94.5x

Latest News

THA
R26.81
Tharisa
7D
-2.5%
1Y
82.9%
IMP
R297.60
Impala Platinum Holdings
7D
7.6%
1Y
201.3%
VAL
R1,509.00
Valterra Platinum
7D
4.3%
1Y
143.6%
SSW
R69.33
Sibanye Stillwater
7D
6.1%
1Y
317.9%
NPH
R379.78
Northam Platinum Holdings
7D
8.3%
1Y
232.9%

NPH: Higher P/E Assumptions Will Limit Future Upside Despite Firm Margins

Analysts have nudged their price target for Northam Platinum Holdings higher to R290.06 from R283.06, reflecting updated assumptions around discount rates, margins, and future P/E expectations. Valuation Changes Fair Value: Updated slightly higher from R283.06 to R290.06 per share.