Header cover image

South African (JSE) Steel Industry Analysis

UpdatedJan 20, 2025
DataAggregated Company Financials
Companies3
  • 7D8.9%
  • 3M6.2%
  • 1Y-31.2%
  • YTDn/a

In the last week, the Steel industry is up 8.9%, with all of the companies up. In contrast, the industry has lost 31% in the last 12 months. As for the next few years, earnings are forecast to decline by 7.6% per annum.

Industry Valuation and Performance

Has the South African Steel Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 20 Jan 2025R122.5bR134.1bR16.9b4.2x7.3x0.9x
Wed, 18 Dec 2024R110.5bR134.1bR16.9b3.8x6.5x0.8x
Fri, 15 Nov 2024R112.5bR134.1bR16.9b3.9x6.7x0.8x
Sun, 13 Oct 2024R124.9bR134.1bR16.9b4.2x7.4x0.9x
Tue, 10 Sep 2024R107.9bR134.1bR16.9b3.8x6.4x0.8x
Thu, 08 Aug 2024R129.8bR134.6bR18.1b4.1x7.2x1x
Sat, 06 Jul 2024R155.3bR137.1bR20.6b4.3x7.6x1.1x
Mon, 03 Jun 2024R161.7bR137.1bR20.6b4.4x7.9x1.2x
Wed, 01 May 2024R153.2bR137.1bR20.6b4.2x7.5x1.1x
Fri, 29 Mar 2024R153.5bR137.1bR20.6b4.4x7.5x1.1x
Sun, 25 Feb 2024R181.6bR136.3bR20.3b4.9x8.9x1.3x
Tue, 23 Jan 2024R174.7bR117.4bR13.8b7.6x12.7x1.5x
Thu, 21 Dec 2023R189.6bR117.4bR13.8b8.1x13.7x1.6x
Sat, 18 Nov 2023R184.1bR117.4bR13.8b7.9x13.4x1.6x
Mon, 16 Oct 2023R159.3bR117.4bR13.8b6.9x11.5x1.4x
Wed, 13 Sep 2023R142.9bR117.4bR13.8b6.3x10.4x1.2x
Fri, 11 Aug 2023R148.3bR116.9bR13.7b6.5x10.8x1.3x
Sun, 09 Jul 2023R144.8bR122.7bR19.0b2.1x7.6x1.2x
Tue, 06 Jun 2023R156.0bR130.2bR25.5b2x6.1x1.2x
Thu, 04 May 2023R151.5bR130.2bR25.5b2.1x5.9x1.2x
Sat, 01 Apr 2023R151.9bR122.7bR19.0b2.4x8x1.2x
Mon, 27 Feb 2023R167.4bR123.4bR19.6b1.8x8.5x1.4x
Wed, 25 Jan 2023R171.4bR133.3bR30.9b1.6x5.5x1.3x
Fri, 23 Dec 2022R160.9bR132.8bR30.6b1.9x5.3x1.2x
Sun, 20 Nov 2022R165.1bR132.8bR30.6b1.8x5.4x1.2x
Tue, 18 Oct 2022R126.6bR132.8bR30.6b1.7x4.1x1x
Thu, 15 Sep 2022R131.3bR132.8bR30.6b1.9x4.3x1x
Sat, 13 Aug 2022R158.9bR132.8bR30.6b2.1x5.2x1.2x
Mon, 11 Jul 2022R177.2bR149.9bR41.6b2.2x4.3x1.2x
Wed, 08 Jun 2022R204.6bR149.9bR41.6b2.5x4.9x1.4x
Fri, 06 May 2022R177.8bR149.9bR41.6b2.4x4.3x1.2x
Sun, 03 Apr 2022R236.5bR141.4bR37.5b4.3x6.3x1.7x
Tue, 01 Mar 2022R207.7bR139.5bR36.4b5.8x5.7x1.5x
Thu, 27 Jan 2022R183.9bR149.6bR40.8b4.5x4.5x1.2x
Price to Earnings Ratio

4.5x


Total Market Cap: R183.9bTotal Earnings: R40.8bTotal Revenue: R149.6bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Steel Industry Price to Earnings3Y Average 7.5x202320242025
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 26% per year over the last three years,
  • Revenues have also declined 3.6% 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 Market2.28%
Materials1.86%
Metals and Mining1.73%
Steel8.95%
Diversified Metals and Mining2.97%
Gold2.49%
Silver0%0
Precious Metals and Minerals-1.43%
Copper-1.46%
Aluminum-3.03%
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?

CompanyLast Price7D1YValuation
KIO Kumba Iron OreR365.228.1%
+R8.8b
-30.9%PE5.8x
MRF Merafe ResourcesR1.545.5%
+R199.9m
16.7%PE2.7x
ACL ArcelorMittal South AfricaR1.3212.8%
+R167.2m
-17.0%PS0.04x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.