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South African (JSE) Steel Industry Analysis
UpdatedJul 01, 2025
DataAggregated Company Financials
Companies3
- 7D3.4%
- 3M-8.9%
- 1Y-35.4%
- YTDn/a
Over the last 7 days, the Steel industry has remained flat. Unfortunately though, the industry is down 36% over the past 12 months. As for the next few years, earnings are forecast to decline by 5.2% per annum.
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 |
|---|---|---|---|---|---|---|
| Wed, 02 Jul 2025 | R96.2b | R115.6b | R9.5b | 5.6x | 10.1x | 0.8x |
| Fri, 30 May 2025 | R100.7b | R115.6b | R9.5b | 5.5x | 10.6x | 0.9x |
| Sun, 27 Apr 2025 | R106.8b | R115.6b | R9.5b | 5.6x | 11.2x | 0.9x |
| Tue, 25 Mar 2025 | R111.5b | R115.6b | R9.5b | 5.9x | 11.7x | 1x |
| Thu, 20 Feb 2025 | R121.8b | R131.6b | R15.8b | 3.9x | 7.7x | 0.9x |
| Sat, 18 Jan 2025 | R122.5b | R134.1b | R16.9b | 4.2x | 7.3x | 0.9x |
| Mon, 16 Dec 2024 | R113.4b | R134.1b | R16.9b | 3.9x | 6.7x | 0.8x |
| Wed, 13 Nov 2024 | R114.2b | R134.1b | R16.9b | 4x | 6.8x | 0.9x |
| Fri, 11 Oct 2024 | R125.3b | R134.1b | R16.9b | 4.2x | 7.4x | 0.9x |
| Sun, 08 Sep 2024 | R107.7b | R134.1b | R16.9b | 3.7x | 6.4x | 0.8x |
| Tue, 06 Aug 2024 | R128.0b | R134.6b | R18.1b | 4.1x | 7.1x | 1x |
| Thu, 04 Jul 2024 | R159.8b | R137.1b | R20.6b | 4.5x | 7.8x | 1.2x |
| Sat, 01 Jun 2024 | R161.7b | R137.1b | R20.6b | 4.4x | 7.9x | 1.2x |
| Mon, 29 Apr 2024 | R157.2b | R137.1b | R20.6b | 4.3x | 7.6x | 1.1x |
| Wed, 27 Mar 2024 | R152.4b | R137.1b | R20.6b | 4.4x | 7.4x | 1.1x |
| Fri, 23 Feb 2024 | R178.7b | R136.3b | R20.3b | 4.8x | 8.8x | 1.3x |
| Sun, 21 Jan 2024 | R178.1b | R117.4b | R13.8b | 7.7x | 12.9x | 1.5x |
| Tue, 19 Dec 2023 | R192.7b | R117.4b | R13.8b | 8.2x | 14x | 1.6x |
| Thu, 16 Nov 2023 | R185.1b | R117.4b | R13.8b | 7.9x | 13.4x | 1.6x |
| Sat, 14 Oct 2023 | R159.3b | R117.4b | R13.8b | 6.9x | 11.5x | 1.4x |
| Mon, 11 Sep 2023 | R135.2b | R117.4b | R13.8b | 6x | 9.8x | 1.2x |
| Wed, 09 Aug 2023 | R147.6b | R116.9b | R13.7b | 6.5x | 10.8x | 1.3x |
| Fri, 07 Jul 2023 | R142.5b | R122.7b | R19.0b | 2.2x | 7.5x | 1.2x |
| Sun, 04 Jun 2023 | R156.9b | R130.2b | R25.5b | 2x | 6.1x | 1.2x |
| Tue, 02 May 2023 | R149.7b | R130.2b | R25.5b | 2.1x | 5.9x | 1.1x |
| Thu, 30 Mar 2023 | R151.2b | R122.7b | R19.0b | 2.4x | 8x | 1.2x |
| Sat, 25 Feb 2023 | R167.4b | R123.4b | R19.6b | 1.8x | 8.5x | 1.4x |
| Mon, 23 Jan 2023 | R173.5b | R133.3b | R30.9b | 1.7x | 5.6x | 1.3x |
| Wed, 21 Dec 2022 | R158.6b | R132.8b | R30.6b | 1.9x | 5.2x | 1.2x |
| Fri, 18 Nov 2022 | R161.3b | R132.8b | R30.6b | 1.9x | 5.3x | 1.2x |
| Sun, 16 Oct 2022 | R126.6b | R132.8b | R30.6b | 1.7x | 4.1x | 1x |
| Tue, 13 Sep 2022 | R138.4b | R132.8b | R30.6b | 2x | 4.5x | 1x |
| Thu, 11 Aug 2022 | R160.3b | R132.8b | R30.6b | 2.1x | 5.2x | 1.2x |
| Sat, 09 Jul 2022 | R177.2b | R149.9b | R41.6b | 2.2x | 4.3x | 1.2x |
Price to Earnings Ratio
4.3x
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 39% per year over the last three years,
- Revenues have also declined 8.3% 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 | 2.17% | |
| Materials | -2.00% | |
| Metals and Mining | -1.32% | |
| Steel | 3.35% | |
| Copper | 14.39% | |
| Precious Metals and Minerals | 4.08% | |
| Diversified Metals and Mining | 1.65% | |
| Aluminum | 1.38% | |
| Gold | -7.12% | |
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 | R286.94 | 1.9% +R1.7b | -36.0% | PE6.3x | |
| MRF Merafe Resources | R1.33 | 3.9% +R125.0m | -10.1% | PE5x |