Have your own idea? Try our Stock Screener
South African (JSE) Steel Industry Analysis
UpdatedDec 26, 2025
DataAggregated Company Financials
Companies3
- 7D0.8%
- 3M7.1%
- 1Y4.3%
- YTDn/a
The Steel industry has stayed flat over the last week. As for the the longer term, the industry is up 4.3% over the past 12 months. In the next few years, earnings are forecast to decline by 13% annually.
Industry Valuation and Performance
Has the South African Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Dec 2025 | R115.9b | R108.7b | R9.3b | 11.3x | 12.5x | 1.1x |
| Sun, 23 Nov 2025 | R109.6b | R108.7b | R9.3b | 11.3x | 11.8x | 1x |
| Tue, 21 Oct 2025 | R106.5b | R108.7b | R9.3b | 11.2x | 11.5x | 1x |
| Thu, 18 Sep 2025 | R105.6b | R108.7b | R9.3b | 10.7x | 11.4x | 1x |
| Sat, 16 Aug 2025 | R100.2b | R108.7b | R9.3b | 10.8x | 10.8x | 0.9x |
| Mon, 14 Jul 2025 | R104.6b | R115.6b | R9.5b | 5.9x | 11x | 0.9x |
| Wed, 11 Jun 2025 | R100.4b | R115.6b | R9.5b | 5.6x | 10.5x | 0.9x |
| Fri, 09 May 2025 | R101.6b | R115.6b | R9.5b | 5.5x | 10.7x | 0.9x |
| Sun, 06 Apr 2025 | R91.4b | R115.6b | R9.5b | 5.1x | 9.6x | 0.8x |
| Tue, 04 Mar 2025 | R122.2b | R116.3b | R10.3b | 5x | 11.9x | 1.1x |
| Thu, 30 Jan 2025 | R120.5b | R134.1b | R16.9b | 4.2x | 7.1x | 0.9x |
| Sat, 28 Dec 2024 | R109.3b | R134.1b | R16.9b | 3.8x | 6.5x | 0.8x |
| Mon, 25 Nov 2024 | R113.0b | R134.1b | R16.9b | 4x | 6.7x | 0.8x |
| Wed, 23 Oct 2024 | R113.8b | R134.1b | R16.9b | 4x | 6.7x | 0.8x |
| Fri, 20 Sep 2024 | R114.7b | R134.1b | R16.9b | 4x | 6.8x | 0.9x |
| Sun, 18 Aug 2024 | R120.2b | R134.1b | R16.9b | 4.2x | 7.1x | 0.9x |
| Tue, 16 Jul 2024 | R147.0b | R137.1b | R20.6b | 4.1x | 7.1x | 1.1x |
| Thu, 13 Jun 2024 | R145.4b | R137.1b | R20.6b | 4x | 7.1x | 1.1x |
| Sat, 11 May 2024 | R168.1b | R137.1b | R20.6b | 4.5x | 8.2x | 1.2x |
| Mon, 08 Apr 2024 | R153.2b | R137.1b | R20.6b | 4.4x | 7.5x | 1.1x |
| Wed, 06 Mar 2024 | R174.0b | R136.3b | R20.3b | 4.9x | 8.6x | 1.3x |
| Fri, 02 Feb 2024 | R187.2b | R117.4b | R13.8b | 8.1x | 13.6x | 1.6x |
| Sun, 31 Dec 2023 | R202.4b | R117.4b | R13.8b | 8.6x | 14.7x | 1.7x |
| Tue, 28 Nov 2023 | R201.9b | R117.4b | R13.8b | 8.5x | 14.6x | 1.7x |
| Thu, 26 Oct 2023 | R160.6b | R117.4b | R13.8b | 6.9x | 11.6x | 1.4x |
| Sat, 23 Sep 2023 | R154.1b | R117.4b | R13.8b | 6.7x | 11.2x | 1.3x |
| Mon, 21 Aug 2023 | R131.5b | R117.4b | R13.8b | 5.9x | 9.5x | 1.1x |
| Wed, 19 Jul 2023 | R148.2b | R122.7b | R19.0b | 2.2x | 7.8x | 1.2x |
| Fri, 16 Jun 2023 | R175.3b | R130.2b | R25.5b | 2x | 6.9x | 1.3x |
| Sun, 14 May 2023 | R154.6b | R130.2b | R25.5b | 2.1x | 6.1x | 1.2x |
| Tue, 11 Apr 2023 | R150.7b | R122.7b | R19.0b | 2.4x | 7.9x | 1.2x |
| Thu, 09 Mar 2023 | R162.8b | R123.4b | R19.6b | 1.8x | 8.3x | 1.3x |
| Sat, 04 Feb 2023 | R181.9b | R133.3b | R30.9b | 1.6x | 5.9x | 1.4x |
| Mon, 02 Jan 2023 | R166.6b | R132.8b | R30.6b | 2x | 5.4x | 1.3x |
Price to Earnings Ratio
5.4x
Current Industry PE
- There are only 3 companies in the South African Steel 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 Steel industry have declined 33% per year over the last three years,
- Revenues have also declined 6.5% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does South African Steel compare with similar industries?
| ZA Market | 2.14% | |
| Materials | 6.03% | |
| Metals and Mining | 6.32% | |
| Steel | 0.83% | |
| Aluminum | 13.64% | |
| Precious Metals and Minerals | 8.97% | |
| Gold | 4.48% | |
| Diversified Metals and Mining | 4.03% | |
| Copper | 1.61% | |
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 | |
|---|---|---|---|---|---|
| KIO Kumba Iron Ore | R347.80 | 2.8% +R3.1b | 7.0% | PE7.6x | |
| MRF Merafe Resources | R1.09 | 3.8% +R100.0m | -21.0% | PE15.1x | |
| ACL ArcelorMittal South Africa | R1.16 | 0.9% +R14.3m | -12.8% | PS0.05x |