U.K. (FTSE) Steel Industry Analysis
UpdatedJun 02, 2024
DataAggregated Company Financials
Companies9
- 7D-3.7%
- 3M-1.0%
- 1Y-0.9%
- YTDn/a
Over the last 7 days, the Steel industry has dropped 3.7%, driven by declines from every company within the industry. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 24% annually.
Industry Valuation and Performance
Has the U.K. Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 02 Jun 2024 | UK£2.3b | UK£1.7b | UK£3.7m | 17.3x | 619.6x | 1.4x |
| Tue, 30 Apr 2024 | UK£2.3b | UK£1.7b | UK£2.6m | 16.5x | 896.7x | 1.4x |
| Thu, 28 Mar 2024 | UK£2.2b | UK£1.7b | UK£194.3m | 8.1x | 11.4x | 1.3x |
| Sat, 24 Feb 2024 | UK£2.3b | UK£1.7b | UK£189.8m | 8.5x | 12.3x | 1.4x |
| Mon, 22 Jan 2024 | UK£7.7b | UK£29.1b | UK£8.1b | 5.7x | 0.9x | 0.3x |
| Wed, 20 Dec 2023 | UK£7.7b | UK£29.1b | UK£8.1b | 5.4x | 1x | 0.3x |
| Fri, 17 Nov 2023 | UK£7.7b | UK£29.1b | UK£8.1b | 4.8x | 1x | 0.3x |
| Sun, 15 Oct 2023 | UK£7.5b | UK£29.1b | UK£8.1b | 4.5x | 0.9x | 0.3x |
| Tue, 12 Sep 2023 | UK£7.6b | UK£29.0b | UK£8.1b | 4.3x | 0.9x | 0.3x |
| Thu, 10 Aug 2023 | UK£7.7b | UK£29.0b | UK£8.2b | 4.2x | 0.9x | 0.3x |
| Sat, 08 Jul 2023 | UK£7.7b | UK£29.6b | UK£8.2b | 4x | 0.9x | 0.3x |
| Mon, 05 Jun 2023 | UK£7.7b | UK£29.5b | UK£8.2b | 4.2x | 0.9x | 0.3x |
| Wed, 03 May 2023 | UK£7.7b | UK£29.5b | UK£8.2b | 4.5x | 0.9x | 0.3x |
| Fri, 31 Mar 2023 | UK£7.7b | UK£29.6b | UK£8.2b | 4.6x | 0.9x | 0.3x |
| Sun, 26 Feb 2023 | UK£8.2b | UK£30.3b | UK£8.3b | 5.3x | 1x | 0.3x |
| Tue, 24 Jan 2023 | UK£8.3b | UK£30.3b | UK£8.3b | 6.9x | 1x | 0.3x |
| Thu, 22 Dec 2022 | UK£8.1b | UK£30.3b | UK£8.3b | 5.6x | 1x | 0.3x |
| Sat, 19 Nov 2022 | UK£8.0b | UK£30.4b | UK£8.3b | 5.8x | 1x | 0.3x |
| Mon, 17 Oct 2022 | UK£7.6b | UK£30.4b | UK£8.3b | 5x | 0.9x | 0.3x |
| Wed, 14 Sep 2022 | UK£8.0b | UK£30.3b | UK£8.3b | 6.6x | 1x | 0.3x |
| Fri, 12 Aug 2022 | UK£12.4b | UK£30.2b | UK£8.2b | 13.5x | 1.5x | 0.4x |
| Sun, 10 Jul 2022 | UK£3.7b | UK£30.4b | UK£8.6b | 10x | 0.4x | 0.1x |
| Tue, 07 Jun 2022 | UK£4.6b | UK£30.0b | UK£8.5b | 12.1x | 0.5x | 0.2x |
| Thu, 05 May 2022 | UK£4.4b | UK£30.0b | UK£8.5b | 12.4x | 0.5x | 0.1x |
| Sat, 02 Apr 2022 | UK£4.8b | UK£40.8b | UK£12.6b | 7.3x | 0.4x | 0.1x |
| Mon, 28 Feb 2022 | UK£35.1b | UK£40.5b | UK£12.5b | 3.3x | 2.8x | 0.9x |
| Wed, 26 Jan 2022 | UK£40.1b | UK£34.8b | UK£9.7b | 6.2x | 4.1x | 1.2x |
| Fri, 24 Dec 2021 | UK£47.9b | UK£34.9b | UK£9.7b | 7.6x | 4.9x | 1.4x |
| Sun, 21 Nov 2021 | UK£49.8b | UK£34.8b | UK£9.7b | 7.5x | 5.1x | 1.4x |
| Tue, 19 Oct 2021 | UK£50.8b | UK£30.9b | UK£7.3b | 8.2x | 7x | 1.6x |
| Thu, 16 Sep 2021 | UK£49.6b | UK£30.9b | UK£7.3b | 7.8x | 6.8x | 1.6x |
| Sat, 14 Aug 2021 | UK£53.1b | UK£30.9b | UK£7.3b | 8.1x | 7.3x | 1.7x |
| Wed, 09 Jun 2021 | UK£54.1b | UK£26.9b | UK£4.8b | 12.5x | 11.2x | 2x |
Price to Earnings Ratio
11.2x
Current Industry PE
- Investors are optimistic on the British Steel industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 622x which is higher than its 3-year average PE of 40.7x.
- The 3-year average PS ratio of 0.65x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Steel industry have declined 91% per year over the last three years,
- Revenues have also declined 61% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does U.K. Steel compare with similar industries?
| GB Market | -0.56% | |
| Materials | -2.06% | |
| Metals and Mining | -2.20% | |
| Steel | -3.72% | |
| Precious Metals and Minerals | 3.26% | |
| Gold | 2.24% | |
| Aluminum | 0% | |
| Silver | 0% | |
| Copper | -1.76% | |
| Diversified Metals and Mining | -2.46% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| EVR EVRAZ | UK£0.81 | n/a UK£1.2b | -86.2% | PE0.4x | |
| CGS Castings | UK£3.85 | 0.3% +UK£434.6k | 1.3% | PE10.8x | |
| IRON Ironveld | UK£0.00075 | 1.4% +UK£39.4k | -78.9% | PS5.4x |