Have your own idea? Try our Stock Screener
South African (JSE) Steel Industry Analysis
UpdatedApr 20, 2025
DataAggregated Company Financials
Companies3
- 7D1.7%
- 3M-16.7%
- 1Y-35.5%
- YTDn/a
All of the companies in the Steel industry have been up over the last week, with the industry up 1.7%. In the past year, the industry is down 35%. As for the next few years, earnings are forecast to decline by 5.1% 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 |
|---|---|---|---|---|---|---|
| Sun, 20 Apr 2025 | R102.5b | R115.6b | R9.5b | 5.5x | 10.8x | 0.9x |
| Tue, 18 Mar 2025 | R115.2b | R115.6b | R9.5b | 6.1x | 12.1x | 1x |
| Thu, 13 Feb 2025 | R115.4b | R131.6b | R15.8b | 3.8x | 7.3x | 0.9x |
| Sat, 11 Jan 2025 | R112.5b | R134.1b | R16.9b | 3.9x | 6.7x | 0.8x |
| Mon, 09 Dec 2024 | R116.1b | R134.1b | R16.9b | 4x | 6.9x | 0.9x |
| Wed, 06 Nov 2024 | R119.6b | R134.1b | R16.9b | 4.1x | 7.1x | 0.9x |
| Fri, 04 Oct 2024 | R128.4b | R134.1b | R16.9b | 4.3x | 7.6x | 1x |
| Sun, 01 Sep 2024 | R118.6b | R134.1b | R16.9b | 4.2x | 7x | 0.9x |
| Tue, 30 Jul 2024 | R133.6b | R134.6b | R18.1b | 4.2x | 7.4x | 1x |
| Thu, 27 Jun 2024 | R145.2b | R137.1b | R20.6b | 4.1x | 7.1x | 1.1x |
| Sat, 25 May 2024 | R174.4b | R137.1b | R20.6b | 4.6x | 8.5x | 1.3x |
| Mon, 22 Apr 2024 | R158.4b | R137.1b | R20.6b | 4.4x | 7.7x | 1.2x |
| Wed, 20 Mar 2024 | R149.7b | R137.1b | R20.6b | 4.2x | 7.3x | 1.1x |
| Fri, 16 Feb 2024 | R180.0b | R119.4b | R10.7b | 7.7x | 16.9x | 1.5x |
| Sun, 14 Jan 2024 | R182.6b | R117.4b | R13.8b | 7.9x | 13.2x | 1.6x |
| Tue, 12 Dec 2023 | R188.3b | R117.4b | R13.8b | 8x | 13.7x | 1.6x |
| Thu, 09 Nov 2023 | R170.9b | R117.4b | R13.8b | 7.4x | 12.4x | 1.5x |
| Sat, 07 Oct 2023 | R150.1b | R117.4b | R13.8b | 6.6x | 10.9x | 1.3x |
| Mon, 04 Sep 2023 | R140.5b | R117.4b | R13.8b | 6.3x | 10.2x | 1.2x |
| Wed, 02 Aug 2023 | R163.0b | R116.9b | R13.7b | 7.1x | 11.9x | 1.4x |
| Fri, 30 Jun 2023 | R151.3b | R122.7b | R19.0b | 1.9x | 8x | 1.2x |
| Sun, 28 May 2023 | R149.4b | R130.2b | R25.5b | 2.1x | 5.9x | 1.1x |
| Tue, 25 Apr 2023 | R150.6b | R130.2b | R25.5b | 2.1x | 5.9x | 1.2x |
| Thu, 23 Mar 2023 | R147.5b | R122.7b | R19.0b | 2.4x | 7.8x | 1.2x |
| Sat, 18 Feb 2023 | R179.2b | R130.8b | R26.1b | 1.9x | 6.9x | 1.4x |
| Mon, 16 Jan 2023 | R180.1b | R133.3b | R30.9b | 1.8x | 5.8x | 1.4x |
| Wed, 14 Dec 2022 | R169.8b | R132.8b | R30.6b | 2x | 5.6x | 1.3x |
| Fri, 11 Nov 2022 | R143.7b | R132.8b | R30.6b | 1.8x | 4.7x | 1.1x |
| Sun, 09 Oct 2022 | R138.2b | R132.8b | R30.6b | 1.7x | 4.5x | 1x |
| Tue, 06 Sep 2022 | R133.6b | R132.8b | R30.6b | 1.9x | 4.4x | 1x |
| Thu, 04 Aug 2022 | R148.5b | R132.8b | R30.6b | 2.1x | 4.9x | 1.1x |
| Sat, 02 Jul 2022 | R173.9b | R149.9b | R41.6b | 2.2x | 4.2x | 1.2x |
| Mon, 30 May 2022 | R188.8b | R149.9b | R41.6b | 2.4x | 4.5x | 1.3x |
| Wed, 27 Apr 2022 | R165.9b | R149.9b | R41.6b | 2.5x | 4x | 1.1x |
Price to Earnings Ratio
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 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 | 4.32% | |
| Materials | 2.08% | |
| Metals and Mining | 2.00% | |
| Steel | 1.69% | |
| Precious Metals and Minerals | 10.03% | |
| Copper | 7.69% | |
| Diversified Metals and Mining | 3.53% | |
| Gold | -3.11% | |
| Aluminum | -5.45% | |
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 | R304.91 | 1.7% +R1.6b | -36.3% | PE6.7x | |
| ACL ArcelorMittal South Africa | R1.16 | -0.9% R355.7m | -2.5% | PS0.04x | |
| MRF Merafe Resources | R1.17 | 3.5% +R100.0m | -15.2% | PE4.4x |