Anglo American Platinum (JSE:AMS) Will Pay A Dividend Of ZAR9.75
Jul 25
South African (JSE) Metals and Mining Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies18
- 7D-1.5%
- 3M-3.8%
- 1Y-7.5%
- YTD-8.6%
Over the last 7 days, the Metals and Mining industry has dropped 1.5%, driven by Harmony Gold Mining declining 16%. On the other hand Anglo American Platinum is actually up 14%. The industry has fallen 7.5% in the last year. As for the next few years, earnings are expected to grow by 37% per annum.
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, 26 Jul 2024 | R927.2b | R674.5b | R10.0b | 6.3x | 93x | 1.4x |
| Sun, 23 Jun 2024 | R901.5b | R687.3b | R13.6b | 6.5x | 66.3x | 1.3x |
| Tue, 21 May 2024 | R1.1t | R687.8b | R14.0b | 7.4x | 75.6x | 1.5x |
| Thu, 18 Apr 2024 | R1.0t | R692.6b | R14.7b | 6.7x | 71.3x | 1.5x |
| Sat, 16 Mar 2024 | R881.3b | R691.0b | R13.9b | 6.1x | 63.3x | 1.3x |
| Mon, 12 Feb 2024 | R862.4b | R721.4b | R89.4b | 6x | 9.6x | 1.2x |
| Wed, 10 Jan 2024 | R967.3b | R731.1b | R92.9b | 8x | 10.4x | 1.3x |
| Fri, 08 Dec 2023 | R967.7b | R732.4b | R93.7b | 7.6x | 10.3x | 1.3x |
| Sun, 05 Nov 2023 | R900.0b | R729.6b | R93.3b | 7.1x | 9.6x | 1.2x |
| Tue, 03 Oct 2023 | R866.5b | R734.8b | R94.0b | 7.2x | 9.2x | 1.2x |
| Thu, 31 Aug 2023 | R1.0t | R829.2b | R122.5b | 5.4x | 8.5x | 1.3x |
| Sat, 29 Jul 2023 | R1.2t | R830.2b | R142.0b | 4.7x | 8.5x | 1.5x |
| Mon, 26 Jun 2023 | R1.2t | R868.4b | R167.5b | 4.3x | 7.2x | 1.4x |
| Wed, 24 May 2023 | R1.4t | R892.9b | R182.4b | 4.7x | 7.5x | 1.5x |
| Fri, 21 Apr 2023 | R1.4t | R873.9b | R175.2b | 5.6x | 8.1x | 1.6x |
| Sun, 19 Mar 2023 | R1.2t | R859.5b | R168.0b | 4.7x | 7.2x | 1.4x |
| Tue, 14 Feb 2023 | R1.3t | R895.7b | R193.8b | 5.2x | 6.9x | 1.5x |
| Thu, 12 Jan 2023 | R1.5t | R888.9b | R197.0b | 6.2x | 7.6x | 1.7x |
| Sat, 10 Dec 2022 | R1.5t | R892.7b | R197.4b | 5.7x | 7.4x | 1.6x |
| Mon, 07 Nov 2022 | R1.3t | R897.4b | R198.0b | 5.4x | 6.6x | 1.5x |
| Wed, 05 Oct 2022 | R1.3t | R894.2b | R197.4b | 5.2x | 6.4x | 1.4x |
| Fri, 02 Sep 2022 | R1.1t | R896.3b | R199.7b | 5x | 5.4x | 1.2x |
| Sun, 31 Jul 2022 | R1.2t | R923.5b | R228.7b | 4.6x | 5.3x | 1.3x |
| Tue, 28 Jun 2022 | R1.3t | R934.6b | R246.3b | 4.7x | 5.1x | 1.4x |
| Thu, 26 May 2022 | R1.4t | R932.7b | R245.5b | 5.1x | 5.6x | 1.5x |
| Sat, 23 Apr 2022 | R1.5t | R931.7b | R245.3b | 5.4x | 6.2x | 1.6x |
| Mon, 21 Mar 2022 | R1.8t | R908.7b | R236.2b | 7.3x | 7.5x | 1.9x |
| Wed, 16 Feb 2022 | R1.6t | R909.7b | R268.5b | 6x | 5.9x | 1.7x |
| Fri, 14 Jan 2022 | R1.5t | R912.3b | R269.1b | 6.3x | 5.7x | 1.7x |
| Sun, 12 Dec 2021 | R1.4t | R917.8b | R270.2b | 5.5x | 5.2x | 1.5x |
| Tue, 09 Nov 2021 | R1.4t | R930.2b | R271.0b | 5.2x | 5.1x | 1.5x |
| Thu, 07 Oct 2021 | R1.2t | R931.9b | R271.9b | 4.7x | 4.5x | 1.3x |
| Sat, 04 Sep 2021 | R1.4t | R890.5b | R258.5b | 5.5x | 5.3x | 1.5x |
| Mon, 02 Aug 2021 | R1.6t | R890.5b | R258.5b | 6.6x | 6.3x | 1.8x |
Price to Earnings Ratio
6.3x
Current Industry PE
- Investors are optimistic on the South African Metals and Mining industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 93.0x which is higher than its 3-year average PE of 14.7x.
- The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have declined 66% per year over the last three years,
- Revenues have also declined 8.8% 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 | 1.28% | |
| Materials | -0.73% | |
| Metals and Mining | -1.53% | |
| Aluminum | 7.16% | |
| Precious Metals and Minerals | 5.80% | |
| Silver | 0% | |
| Diversified Metals and Mining | -1.93% | |
| Steel | -4.77% | |
| Copper | -6.82% | |
| Gold | -7.12% | |
Industry PE
- Investors are most optimistic about the Gold industry, which is trading close to its 3-year average PE ratio of 15.9x.
- Analysts are expecting annual earnings growth of 35.0%, which is higher than its past year's earnings growth of 3.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Precious Metals and Minerals industry, expecting annual earnings growth of 54% over the next 5 years.
- This is better than its past earnings decline of 51% per year.
- In contrast, the Steel industry is expected to see its earnings decline by 5.5% 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 | |
|---|---|---|---|---|---|
| AMS Anglo American Platinum | R692.09 | 13.6% +R21.8b | -21.7% | PE15.6x | |
| NPH Northam Platinum Holdings | R135.79 | 5.8% +R2.9b | -7.1% | PS1.5x | |
| THA Tharisa | R19.50 | 4.6% +R243.4m | 8.3% | PE4.6x | |
| MRF Merafe Resources | R1.47 | 4.3% +R149.9m | 17.6% | PE2.1x | |
| HLM Hulamin | R4.49 | 7.2% +R94.0m | 69.4% | PE5.2x |
