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South African (JSE) Steel Industry Analysis
UpdatedApr 15, 2025
DataAggregated Company Financials
Companies3
- 7D6.9%
- 3M-12.4%
- 1Y-35.8%
- YTDn/a
All of the companies in the Steel industry have been up over the last week, with the industry up 6.9%. However, the industry is down 36% over the past year. As for the next few years, earnings are forecast to decline by 4.2% 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, 16 Apr 2025 | R103.1b | R115.6b | R9.5b | 5.5x | 10.8x | 0.9x |
| Fri, 14 Mar 2025 | R110.3b | R115.6b | R9.5b | 5.9x | 11.6x | 1x |
| Sun, 09 Feb 2025 | R115.4b | R131.6b | R15.8b | 3.8x | 7.3x | 0.9x |
| Tue, 07 Jan 2025 | R110.1b | R134.1b | R16.9b | 3.9x | 6.5x | 0.8x |
| Thu, 05 Dec 2024 | R115.2b | R134.1b | R16.9b | 4x | 6.8x | 0.9x |
| Sat, 02 Nov 2024 | R115.2b | R134.1b | R16.9b | 4x | 6.8x | 0.9x |
| Mon, 30 Sep 2024 | R130.4b | R134.1b | R16.9b | 4.4x | 7.7x | 1x |
| Wed, 28 Aug 2024 | R121.6b | R134.1b | R16.9b | 4.3x | 7.2x | 0.9x |
| Fri, 26 Jul 2024 | R132.3b | R134.6b | R18.1b | 4.2x | 7.3x | 1x |
| Sun, 23 Jun 2024 | R152.6b | R137.1b | R20.6b | 4.3x | 7.4x | 1.1x |
| Tue, 21 May 2024 | R173.1b | R137.1b | R20.6b | 4.6x | 8.4x | 1.3x |
| Thu, 18 Apr 2024 | R156.5b | R137.1b | R20.6b | 4.3x | 7.6x | 1.1x |
| Sat, 16 Mar 2024 | R136.7b | R136.3b | R20.3b | 4x | 6.7x | 1x |
| Mon, 12 Feb 2024 | R179.0b | R119.4b | R10.7b | 7.7x | 16.8x | 1.5x |
| Wed, 10 Jan 2024 | R189.1b | R117.4b | R13.8b | 8.1x | 13.7x | 1.6x |
| Fri, 08 Dec 2023 | R196.5b | R117.4b | R13.8b | 8.4x | 14.2x | 1.7x |
| Sun, 05 Nov 2023 | R178.8b | R117.4b | R13.8b | 7.6x | 13x | 1.5x |
| Tue, 03 Oct 2023 | R150.8b | R117.4b | R13.8b | 6.5x | 10.9x | 1.3x |
| Thu, 31 Aug 2023 | R141.0b | R117.4b | R13.8b | 6.3x | 10.2x | 1.2x |
| Sat, 29 Jul 2023 | R160.8b | R116.9b | R13.7b | 7x | 11.8x | 1.4x |
| Mon, 26 Jun 2023 | R155.9b | R122.7b | R19.0b | 1.9x | 8.2x | 1.3x |
| Wed, 24 May 2023 | R151.0b | R130.2b | R25.5b | 2.1x | 5.9x | 1.2x |
| Fri, 21 Apr 2023 | R164.5b | R122.7b | R19.0b | 2.1x | 8.7x | 1.3x |
| Sun, 19 Mar 2023 | R141.9b | R123.4b | R19.6b | 1.7x | 7.2x | 1.2x |
| Tue, 14 Feb 2023 | R178.1b | R130.8b | R26.1b | 1.8x | 6.8x | 1.4x |
| Thu, 12 Jan 2023 | R183.3b | R133.3b | R30.9b | 1.7x | 5.9x | 1.4x |
| Sat, 10 Dec 2022 | R171.3b | R132.8b | R30.6b | 1.9x | 5.6x | 1.3x |
| Mon, 07 Nov 2022 | R140.3b | R132.8b | R30.6b | 1.8x | 4.6x | 1.1x |
| Wed, 05 Oct 2022 | R144.7b | R132.8b | R30.6b | 1.7x | 4.7x | 1.1x |
| Fri, 02 Sep 2022 | R129.1b | R132.8b | R30.6b | 1.9x | 4.2x | 1x |
| Sun, 31 Jul 2022 | R168.9b | R153.4b | R42.4b | 2.1x | 4x | 1.1x |
| Tue, 28 Jun 2022 | R178.0b | R149.9b | R41.6b | 2.4x | 4.3x | 1.2x |
| Thu, 26 May 2022 | R179.0b | R149.9b | R41.6b | 2.4x | 4.3x | 1.2x |
| Sat, 23 Apr 2022 | R176.3b | R149.9b | R41.6b | 2.3x | 4.2x | 1.2x |
Price to Earnings Ratio
4.2x
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 | 8.10% | |
| Materials | 15.92% | |
| Metals and Mining | 16.85% | |
| Steel | 6.89% | |
| Diversified Metals and Mining | 22.05% | |
| Precious Metals and Minerals | 19.36% | |
| Gold | 16.81% | |
| Aluminum | 3.00% | |
| Copper | -2.05% | |
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 | R310.02 | 3.7% +R3.6b | -32.8% | PE6.8x | |
| ACL ArcelorMittal South Africa | R1.27 | 5.0% +R66.9m | 9.5% | PS0.04x |