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South African (JSE) Metals and Mining Industry Analysis
UpdatedMay 09, 2025
DataAggregated Company Financials
Companies18
- 7D-1.8%
- 3M10.6%
- 1Y9.3%
- YTD31.7%
Over the last 7 days, the Metals and Mining industry has dropped 1.8%, driven by Gold Fields declining 2.6%. On the other hand Sibanye Stillwater is actually up 5.8%. In the past year, the industry has gained 9.3%. Earnings are forecast to grow by 30% annually.
Industry Valuation and Performance
Has the South African Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 09 May 2025 | R1.1t | R661.1b | R31.7b | 7x | 33.5x | 1.6x |
| Sun, 06 Apr 2025 | R948.9b | R667.3b | R34.2b | 6.3x | 27.7x | 1.4x |
| Tue, 04 Mar 2025 | R914.0b | R658.6b | R32.0b | 8.7x | 28.6x | 1.4x |
| Thu, 30 Jan 2025 | R904.5b | R661.6b | -R12,873,033,719.42 | 9.7x | -70.3x | 1.4x |
| Sat, 28 Dec 2024 | R787.8b | R662.0b | -R12,825,840,272.43 | 9.4x | -61.4x | 1.2x |
| Mon, 25 Nov 2024 | R880.1b | R658.3b | -R13,404,378,433.31 | 10.2x | -65.7x | 1.3x |
| Wed, 23 Oct 2024 | R972.7b | R655.0b | -R13,842,290,266.94 | 11.3x | -70.3x | 1.5x |
| Fri, 20 Sep 2024 | R840.4b | R655.4b | -R14,896,470,740.22 | 11.4x | -56.4x | 1.3x |
| Sun, 18 Aug 2024 | R898.3b | R671.1b | R8.4b | 5.7x | 107.1x | 1.3x |
| Tue, 16 Jul 2024 | R944.9b | R688.6b | R13.8b | 6.2x | 68.6x | 1.4x |
| Thu, 13 Jun 2024 | R875.8b | R689.7b | R13.9b | 6.2x | 62.9x | 1.3x |
| Sat, 11 May 2024 | R1.0t | R689.2b | R14.2b | 7.2x | 71.3x | 1.5x |
| Mon, 08 Apr 2024 | R978.0b | R690.7b | R14.4b | 6.5x | 67.8x | 1.4x |
| Wed, 06 Mar 2024 | R877.7b | R695.1b | R17.3b | 6x | 50.8x | 1.3x |
| Fri, 02 Feb 2024 | R997.9b | R730.9b | R92.9b | 7.7x | 10.7x | 1.4x |
| Sun, 31 Dec 2023 | R1.1t | R729.1b | R92.7b | 8.5x | 11.6x | 1.5x |
| Tue, 28 Nov 2023 | R974.3b | R732.2b | R93.7b | 7.4x | 10.4x | 1.3x |
| Thu, 26 Oct 2023 | R869.8b | R734.1b | R94.0b | 6.9x | 9.3x | 1.2x |
| Sat, 23 Sep 2023 | R1.0t | R818.0b | R95.9b | 6.3x | 10.8x | 1.3x |
| Mon, 21 Aug 2023 | R976.8b | R843.3b | R137.5b | 4.2x | 7.1x | 1.2x |
| Wed, 19 Jul 2023 | R1.2t | R859.5b | R166.5b | 4.5x | 7.4x | 1.4x |
| Fri, 16 Jun 2023 | R1.3t | R871.3b | R175.5b | 4.8x | 7.6x | 1.5x |
| Sun, 14 May 2023 | R1.4t | R894.1b | R183.3b | 4.9x | 7.8x | 1.6x |
| Tue, 11 Apr 2023 | R1.3t | R863.5b | R169.7b | 4.7x | 7.6x | 1.5x |
| Thu, 09 Mar 2023 | R1.2t | R860.5b | R168.7b | 4.5x | 6.9x | 1.4x |
| Sat, 04 Feb 2023 | R1.4t | R894.4b | R197.9b | 5.5x | 7x | 1.6x |
| Mon, 02 Jan 2023 | R1.4t | R889.0b | R196.7b | 5.6x | 7x | 1.5x |
| Wed, 30 Nov 2022 | R1.4t | R888.0b | R196.4b | 5.3x | 7.2x | 1.6x |
| Fri, 28 Oct 2022 | R1.2t | R896.6b | R197.9b | 5x | 6.3x | 1.4x |
| Sun, 25 Sep 2022 | R1.0t | R895.5b | R197.9b | 5x | 5.3x | 1.2x |
| Tue, 23 Aug 2022 | R1.1t | R908.6b | R213.8b | 4.9x | 5.3x | 1.3x |
| Thu, 21 Jul 2022 | R1.1t | R946.5b | R248.4b | 4x | 4.6x | 1.2x |
| Sat, 18 Jun 2022 | R1.3t | R936.1b | R246.6b | 4.9x | 5.2x | 1.4x |
| Mon, 16 May 2022 | R1.4t | R936.7b | R246.1b | 4.7x | 5.7x | 1.5x |
Price to Earnings Ratio
5.7x
Current Industry PE
- Investors are relatively neutral on the South African Metals and Mining industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 31.0x.
- The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have declined 49% per year over the last three years,
- Revenues have also declined 11% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the South African Materials industry?
| ZA Market | -1.01% | |
| Materials | -1.97% | |
| Metals and Mining | -1.82% | |
| Diversified Metals and Mining | 1.91% | |
| Precious Metals and Minerals | 0.61% | |
| Gold | -2.85% | |
| Copper | -4.55% | |
| Steel | -6.10% | |
| Aluminum | -10.00% | |
Industry PE
- Investors are most optimistic about the Gold industry, which is trading close to its 3-year average PE ratio of 17.5x.
- Analysts are expecting annual earnings growth of 23.8%, which is lower than the prior year's growth of 45.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Precious Metals and Minerals industry, expecting annual earnings growth of 51% over the next 5 years.
- This is better than its past earnings decline of 23% per year.
- In contrast, the Steel industry is expected to see its earnings decline by 5.2% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SSW Sibanye Stillwater | R22.74 | 5.8% +R3.5b | 2.4% | PS0.6x | |
| NPH Northam Platinum Holdings | R126.78 | 1.8% +R881.1m | -4.4% | PE32.8x | |
| ARI African Rainbow Minerals | R158.19 | 2.0% +R596.0m | -26.4% | PE9.3x | |
| MRF Merafe Resources | R1.18 | 5.4% +R149.9m | -5.6% | PE4.4x | |
| ACL ArcelorMittal South Africa | R1.16 | 3.6% +R57.2m | 1.8% | PS0.04x |
