Over the last 7 days, the Steel industry has risen 3.7%, driven by gains from Kumba Iron Ore of 4.2%. During this same period, the Merafe Resources underperformed, falling 14%. The industry has been flat over the past 12 months despite the gain this week. In the next few years, earnings are forecast to decline by 12% annually.
Has the South African Steel Industry valuation changed over the past few years?
Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
---|---|---|---|---|---|---|
Tue, 16 Apr 2024 | R160.5b | R137.1b | R20.6b | 4.4x | 7.8x | 1.2x |
Thu, 14 Mar 2024 | R150.9b | R136.3b | R20.3b | 4.4x | 7.4x | 1.1x |
Sat, 10 Feb 2024 | R179.0b | R119.4b | R10.7b | 7.7x | 16.8x | 1.5x |
Mon, 08 Jan 2024 | R193.8b | R117.4b | R13.8b | 8.3x | 14.1x | 1.7x |
Wed, 06 Dec 2023 | R195.0b | R117.4b | R13.8b | 8.3x | 14.1x | 1.7x |
Fri, 03 Nov 2023 | R169.4b | R117.4b | R13.8b | 7.3x | 12.3x | 1.4x |
Sun, 01 Oct 2023 | R150.8b | R117.4b | R13.8b | 6.6x | 10.9x | 1.3x |
Tue, 29 Aug 2023 | R140.8b | R117.4b | R13.8b | 6.3x | 10.2x | 1.2x |
Thu, 27 Jul 2023 | R160.4b | R118.0b | R17.1b | 2.2x | 9.4x | 1.4x |
Sat, 24 Jun 2023 | R155.9b | R122.7b | R19.0b | 1.9x | 8.2x | 1.3x |
Mon, 22 May 2023 | R157.1b | R130.2b | R25.5b | 2.1x | 6.2x | 1.2x |
Wed, 19 Apr 2023 | R165.9b | R122.7b | R19.0b | 2.2x | 8.7x | 1.4x |
Fri, 17 Mar 2023 | R144.0b | R123.4b | R19.6b | 1.7x | 7.3x | 1.2x |
Sun, 12 Feb 2023 | R176.1b | R130.8b | R26.1b | 1.7x | 6.7x | 1.3x |
Tue, 10 Jan 2023 | R181.7b | R133.3b | R30.9b | 1.7x | 5.9x | 1.4x |
Thu, 08 Dec 2022 | R166.1b | R132.8b | R30.6b | 2x | 5.4x | 1.3x |
Sat, 05 Nov 2022 | R140.3b | R132.8b | R30.6b | 1.8x | 4.6x | 1.1x |
Mon, 03 Oct 2022 | R132.2b | R132.8b | R30.6b | 1.7x | 4.3x | 1x |
Wed, 31 Aug 2022 | R139.1b | R132.8b | R30.6b | 2x | 4.5x | 1x |
Fri, 29 Jul 2022 | R161.4b | R149.9b | R41.6b | 2.2x | 3.9x | 1.1x |
Sun, 26 Jun 2022 | R172.9b | R149.9b | R41.6b | 2.4x | 4.2x | 1.2x |
Tue, 24 May 2022 | R181.4b | R149.9b | R41.6b | 2.4x | 4.4x | 1.2x |
Thu, 21 Apr 2022 | R227.0b | R149.9b | R41.6b | 2.5x | 5.5x | 1.5x |
Sat, 19 Mar 2022 | R211.3b | R139.5b | R36.4b | 5.9x | 5.8x | 1.5x |
Mon, 14 Feb 2022 | R233.8b | R149.6b | R40.8b | 5.8x | 5.7x | 1.6x |
Wed, 12 Jan 2022 | R174.2b | R149.6b | R40.8b | 4.4x | 4.3x | 1.2x |
Fri, 10 Dec 2021 | R157.0b | R149.6b | R40.8b | 3.9x | 3.8x | 1.1x |
Sun, 07 Nov 2021 | R142.4b | R149.6b | R40.8b | 3.5x | 3.5x | 1x |
Tue, 05 Oct 2021 | R165.8b | R149.6b | R40.8b | 4.1x | 4.1x | 1.1x |
Thu, 02 Sep 2021 | R213.0b | R149.6b | R40.8b | 4x | 5.2x | 1.4x |
Sat, 31 Jul 2021 | R259.3b | R149.6b | R40.8b | 4.3x | 6.3x | 1.7x |
Tue, 04 May 2021 | R217.8b | R129.5b | R30.3b | 11.9x | 7.2x | 1.7x |
7.2x
How does South African Steel compare with similar industries?
ZA Market | -1.34% | |
Materials | 4.57% | |
Metals and Mining | 5.25% | |
Steel | 2.95% | |
Diversified Metals and Mining | 19.94% | |
Gold | 5.37% | |
Precious Metals and Minerals | 4.82% | |
Aluminum | 1.67% | |
Copper | 0% | |
Silver | 0% |
Which companies have driven the market over the last 7 days?
Company | Last Price | 7D | 1Y | Valuation | |
---|---|---|---|---|---|
KIO Kumba Iron Ore | R484.98 | 3.4% +R5.1b | 0.6% | PE6.8x | |
ACL ArcelorMittal South Africa | R1.21 | 0.8% +R11.1m | -66.9% | PS0.03x |