Is Sappi (JSE:SAP) A Risky Investment?
Nov 21
Have your own idea? Try our Stock Screener
South African (JSE) Paper and Forestry Products Industry Analysis
UpdatedNov 24, 2025
DataAggregated Company Financials
Companies2
- 7D3.8%
- 3M-21.6%
- 1Y-53.6%
- YTD-52.9%
In the last week, the Paper and Forestry Products industry is up 7.4%, with all of the companies up. However, the industry is down 51% over the past year. Looking forward, earnings are forecast to grow by 80% annually.
Industry Valuation and Performance
Has the South African Paper and Forestry Products Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 28 Nov 2025 | R14.0b | R96.2b | -R2,759,580,400.00 | 3.2x | -5.1x | 0.1x |
| Sun, 26 Oct 2025 | R15.3b | R96.7b | R2.0b | 5.9x | 7.8x | 0.2x |
| Tue, 23 Sep 2025 | R14.9b | R97.2b | R1.8b | 7.3x | 8.1x | 0.2x |
| Thu, 21 Aug 2025 | R17.9b | R99.0b | R1.9b | 7.6x | 9.5x | 0.2x |
| Sat, 19 Jul 2025 | R18.6b | R100.1b | R3.4b | 5.4x | 5.5x | 0.2x |
| Mon, 16 Jun 2025 | R19.3b | R101.2b | R3.4b | 5.3x | 5.7x | 0.2x |
| Wed, 14 May 2025 | R20.5b | R103.3b | R3.5b | 5.5x | 5.9x | 0.2x |
| Fri, 11 Apr 2025 | R21.5b | R109.9b | R4.6b | 4.8x | 4.6x | 0.2x |
| Sun, 09 Mar 2025 | R27.4b | R103.0b | R4.3b | 6.9x | 6.4x | 0.3x |
| Tue, 04 Feb 2025 | R29.9b | R104.4b | R756.8m | 26.6x | 39.4x | 0.3x |
| Thu, 02 Jan 2025 | R30.6b | R104.7b | R758.3m | 27.6x | 40.3x | 0.3x |
| Sat, 30 Nov 2024 | R31.2b | R100.2b | R731.5m | 29x | 42.7x | 0.3x |
| Mon, 28 Oct 2024 | R31.2b | R96.8b | -R1,384,932,600.00 | 7.7x | -22.5x | 0.3x |
| Wed, 25 Sep 2024 | R28.8b | R94.8b | -R1,822,819,000.00 | n/a | -15.8x | 0.3x |
| Fri, 23 Aug 2024 | R28.9b | R98.6b | -R1,883,019,000.00 | n/a | -15.4x | 0.3x |
| Sun, 21 Jul 2024 | R32.0b | R99.1b | -R2,105,051,600.00 | n/a | -15.2x | 0.3x |
| Tue, 18 Jun 2024 | R30.4b | R98.8b | -R2,099,338,300.00 | n/a | -14.5x | 0.3x |
| Thu, 16 May 2024 | R30.0b | R99.1b | -R2,104,886,700.00 | n/a | -14.2x | 0.3x |
| Sat, 13 Apr 2024 | R32.1b | R104.1b | -R1,409,388,200.00 | n/a | -22.8x | 0.3x |
| Mon, 11 Mar 2024 | R26.6b | R103.3b | -R1,380,987,000.00 | n/a | -19.3x | 0.3x |
| Wed, 07 Feb 2024 | R26.2b | R111.1b | R4.6b | 5.2x | 5.7x | 0.2x |
| Fri, 05 Jan 2024 | R25.7b | R110.3b | R4.5b | 5.1x | 5.7x | 0.2x |
| Sun, 03 Dec 2023 | R23.5b | R110.0b | R4.5b | 4.7x | 5.2x | 0.2x |
| Tue, 31 Oct 2023 | R22.8b | R121.4b | R5.8b | 3.6x | 3.9x | 0.2x |
| Thu, 28 Sep 2023 | R25.0b | R123.8b | R6.3b | 36.3x | 4x | 0.2x |
| Sat, 26 Aug 2023 | R22.8b | R120.4b | R6.1b | 40.2x | 3.7x | 0.2x |
| Mon, 24 Jul 2023 | R22.4b | R124.8b | R8.7b | 39.5x | 2.6x | 0.2x |
| Wed, 21 Jun 2023 | R23.4b | R127.6b | R8.9b | 36.9x | 2.6x | 0.2x |
| Fri, 19 May 2023 | R25.5b | R134.3b | R9.4b | 40.1x | 2.7x | 0.2x |
| Sun, 16 Apr 2023 | R26.3b | R133.0b | R10.9b | 43.8x | 2.4x | 0.2x |
| Tue, 14 Mar 2023 | R28.9b | R134.0b | R11.0b | 19.3x | 2.6x | 0.2x |
| Thu, 09 Feb 2023 | R29.1b | R131.4b | R9.5b | 21.8x | 3.1x | 0.2x |
| Sat, 07 Jan 2023 | R29.7b | R127.3b | R9.2b | 14.5x | 3.2x | 0.2x |
| Mon, 05 Dec 2022 | R28.7b | R129.4b | R9.4b | 15.8x | 3.1x | 0.2x |
Price to Earnings Ratio
3.1x
Current Industry PE
- There are only 2 companies in the South African Forestry industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- Total earnings for the Forestry industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 9.4% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the South African Materials industry?
| ZA Market | -1.47% | |
| Materials | 2.42% | |
| Paper and Forestry Products | 3.80% | |
| Paper Products | 4.10% | |
| Forestry Products | 0% | 0 |
Industry PE
- Investors are most optimistic about the Forestry Products industry even though it's trading below its 3-year average PE ratio of 18.2x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Paper Products industry, expecting annual earnings growth of 80% over the next 5 years.
- In contrast, the Paper Products industry is expected to see its earnings grow by 80% 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 | |
|---|---|---|---|---|---|
| SAP Sappi | R22.33 | 4.1% +R532.0m | -55.5% | PS0.1x |